Reports - Embolization Coil Market
Embolization Coil Market Size, Share & Trends Analysis Report by Type (Pushable, Detachable) by Application (Neurology, Oncology, Urology, Peripheral Vascular Disease, Cardiology, Others) by End user (Hospitals, Cardiac centers, Ambulatory center, Other) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2017 - 2022) & Forecast (2023 - 2030)
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USD 538.3 Million
USD 1033.5 Million
6.15%
North America
Asia pacific
2024
2021 - 2023
2025 - 2035
By Type , By Application, By End user, By Region
The final deliverable will encompass both quantitative and qualitative data, providing a comprehensive analysis of the market. The scope is customizable.
The global Embolization Coil Market is valued at USD 538.3 Million in 2024 and is projected to reach a value of USD 1033.5 Million by 2035 at a CAGR (Compound Annual Growth Rate) of 6.15% between 2025 and 2035.
Premium Insights
The Embolization Coil market has experienced remarkable growth in recent years, driven by the increasing adoption of minimally invasive treatment options for various vascular conditions. For instance, according to the Society for Vascular Surgery (SVS), 2 million Americans receive an abdominal aortic aneurysm diagnosis each year. A ruptured abdominal aortic aneurysm is listed as the 15th most common cause of mortality in the nation. More often than not, it affects those over the age of 55. Notably, this growth is occurring against the backdrop of significant global health challenges. For instance, The World Health Organization estimates that 17.9 million individuals worldwide pass away each year as a result of cardiovascular illnesses. This accounts for 35% of all deaths worldwide. Additionally, heart attacks and strokes account for 85% of these cardiovascular disease deaths.
Economic Insights
The market for Embolization Coil has grown significantly. The demand for vascular therapies will increase due to the aging population, which currently accounts for 9% of the worlds population and will increase to 16% by 2050. Market dynamics were influenced by healthcare infrastructure, reimbursement regulations that reduced adoption by 70–80%, and emerging economies that had 8–10% annual growth. A competitive environment with new entrants capturing up to 15% of the market share prompted innovation and price competition, while medical tourism, growing at 15-20% annually, accounted for 5-7% of procedures. Embolization procedure costs ranged from $5,000 to $15,000, and compliance costs made up 5-8% of production.
Top Market Trends
Market Segmentation
Embolization Coil {{Segmentation_Ext}}
Based on Type
The Detachable coils holds the largest share
Detachable coils in the Embolization Coil market, hold the majority of the market share due to their adaptability and effectiveness. These coils are made of materials that enable them to be taken out of the catheter after implantation, giving doctors complete control over deployment and limiting migration to undesirable locations. Detachable coils are used to treat a wide variety of vascular diseases, including brain aneurysms, arteriovenous malformations, varicose veins, and even cardiac arrhythmias. Their widespread use can be due to their excellent patient tolerance, powerful capacity to restrict blood flow, and simplicity of insertion.
Based on Application
Neurology will dominate the market during Forecast Period
The market for Embolization Coil is expected to be dominated by the neurology industry due to the rising prevalence of neurological disorders including cerebral aneurysms and arteriovenous malformations. Embolization Coil, which prevent blood flow to the aneurysm and prevent it from rupturing and causing a stroke, are used to treat cerebral aneurysms, which are vascular bulges in the brain that are prone to rupture. Similar to this, Embolization Coil help treat arteriovenous malformations (AVMs), abnormal connections between brain arteries and veins that are prone to bleeding. By obstructing AVM blood flow, these coils reduce the growth of the AVM and the risk of bleeding.
Based on End-user
Hospitals will account for largest market share
The market for Embolization Coil is anticipated to be dominated by hospitals because hospitals are the principal locations for vascular disease diagnosis and treatment. Embolization Coil are often placed into the body by interventional radiologists in a hospital environment to treat a range of vascular disorders.
Based on Region
North America will lead the market
North America is predicted to lead the embolization coil market due to its high frequency of vascular disorders such cerebral aneurysms and arteriovenous malformations. Innovation in coil designs and materials result from the areas emphasis on research and development. Demand for Embolization Coil is increasing because to a concentration of key companies and an older population vulnerable to vascular problems. Further driving the markets expansion in North America are the tendency toward less invasive procedures and improved reimbursement practices.
Competitive Landscape
The global Embolization Coil market is fragmented, including a diverse array of the presence of several key players, ranging from established medical device manufacturers to emerging companies specializing in interventional treatments. For instance, in august 2022, The Colombian Institute for Drug and Food Surveillance (INVIMA) has granted approval for MicroPort Scientific Corporations MinosTMM Abdominal Aortic Stent-Graft and Delivery System. The MinosTM System, a brand-new abdominal aortic stent-graft system created separately by EndovastecTM, is intended for the interventional treatment of infrarenal aortic aneurysms. It is the first stent-graft system to be produced in the country with an ultra-low profile delivery system with an outside diameter of 14F.
The players in the global Embolization Coil market include Terumo Corporation among others.
Recent Market Developments
Segmentation of the Global Embolization Coil Market
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Segment Covered | By Type
By Application
By End user
By Region
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