Global Endovascular Treatment Devices Market: Overview

Endovascular procedures have gained increased traction in clinical practice, especially in acute ischemic strokes and for a wide range of aneurysm repair. In particular, endovascular treatment devices are gaining significance in the treatment of patients with intracranial aneurysms. Constant strides made in endovascular procedures have made difficult untreatable aneurysms easy to manage with the advent of novel treatment devices in the global healthcare systems.

 Despite the rising clinical efficacy of newly developed endovascular treatment devices, it is imperative to carefully weigh in the associated risks of accelerating their regulatory approvals in developed regions. This is a useful strategy in reducing the reported incidence of safety issues in the use of various endovascular treatment devices. Relentless focus on innovation in endovascular treatment of substantial numbers of cerebral aneurysms aims at improving clinical outcome of previously available devices across the globe.

The insights and assessments offered in the study on the global endovascular treatment devices help stakeholders and policy makers in various countries identify promising frontiers. The study tends to shine light on major product approvals and their role in emerging treatment avenues in key regions.

Global Endovascular Treatment Devices Market: Trends and Opportunities

The rising incidence of aortic aneurysms in various parts of the world is a key factor driving the demand for endovascular treatment devices. The rising adoption of minimally-invasive tests for the diagnosis is a key factor supporting the demand. The rising acceptance of endovascular procedures for treating acute ischemic strokes and aortic repair supported by a growing body of clinical research is propelling the growth of the endovascular treatment devices market. Over the past several years, endovascular aneurysm treatment options have risen in popularity, owing to their increased clinical outcomes. In recent years, the global endovascular treatment devices market has witnessed a slew of new devices with better safety profile and efficacy. The rising need for novel devices for endovascular treatment of intracranial aneurysms is a notable trend creating new, exciting avenues for market players.

Favorable reimbursement scenario for endovascular procedures is expected to catalyze the growth of the market. Focus of medical device manufacturers in developed and developing countries on design innovations is likely to drive innovations in the not-so-distant future. Rising number of clinical studies and in vitro experiments in thoracic endovascular aortic/aneurysm repair (TEVAR) are catalyzing the rapid expansion of the endovascular treatment devices market. The growing number of marketed and pipelined products on endovascular procedures is also fueling the market’s growth.

Global Endovascular Treatment Devices Market: Regional Outlook

The report takes a closer look at emerging dynamics of the endovascular treatment devices market in various regions and key trends that will create lucrative prospects over the assessment period of 2018–2026. The study also assesses the growth potential of developing regions, notably Asia Pacific, and takes a keen look at niche segments. Of the various key regions, developed regions occupy prominent role in the expansion of the endovascular treatment devices market. Of note, Europe and North America may occupy substantial shares in the global market in the next few years. Rapidly growing pipeline of products and fast-paced regulatory approvals will make these regions increasingly revenue generating in the coming few years.

Global Endovascular Treatment Devices Market: Competitive Landscape

The study takes a closer look at the key elements of the competitive dynamics and product pipelines of key companies. The report also highlighted the prospects of recently marketed products and the impact they have on the strategic contours of the endovascular treatment devices market. Key players operating in the market may include Terumo Corporation, Nellix, Inc., Lombard Medical Technologies, Lifetech Scientific, InspireMD, Endospan, Cardinal Health, and Boston Scientific.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.