Embolic Protection Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Product Technology Type (Distal Occlusion Devices, Distal Filters, Proximal Occlusion Devices), by Application and by Geography.

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 8.6 %

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Market Overview

The embolic protection systems market studied was projected to grow with a CAGR of 8.6% over the forecast period. The major factor attributing to the growth of the market is the rising prevalence of cardiovascular and neurovascular diseases.

  • According to the World Health Organization, cardiovascular diseases are the number one cause of death globally, taking an estimated 17.9 million lives each year.
  • Furthermore, rising demand for minimally invasive procedures and increasing technological advancements boost market growth.
  • However stringent regulatory scenarios and unfavorable government policies and lack of skilled professionals are the major drawbacks for the market growth.

Scope of the Report

As per the scope of the report embolic protection systems are used through percutaneous cardiac procedures which helps to reduce the complications due to debris released into the bloodstream and causes blockage in small vessels. Embolic prevention systems are designed to remove debris that is released during procedures. This report is segmented by Product Technology Type, by Application, and by Geography.

By Product Technology Type
Distal Occlusion Devices
Distal Filters
Proximal Occlusion Devices
By Application
Neurovascular Diseases
Cardiovascular diseases
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Distal Filter Devices Segment Is Expected to Grow at Fastest Rate

  • The fastest growth of the segment is attributed to the procedural benefits distal filter devices offer, such as the comfort of use, improved visibility, and crossing profile of the device.
  • Apart from the advantages of the device the segment growth is boosted further due to the increase in the prevalence of cardiovascular and neurovascular diseases globally. 
  • According to American Heart Association, Cardiovascular disease (CVD), registered as the original cause of death, accounts for nearly 801,000 deaths in the United States, about 1 of every 3 deaths in the country. About 2,200 Americans die of cardiovascular disease each day, an average of 1 death every 40 seconds. According to the Journal of the American College of Cardiology, 2019 edition, in 2017, CVD caused an estimated 17.8 million deaths worldwide, corresponding to 330 million years of life lost and another 35.6 million lived with disability. As per the statistics, the increasing patient pool increases the number of angioplasty procedures and surgeries that require embolic prevention systems, thus propelling the segment growth.
Number of Cardiovascular Diseases

North America Dominates the Market and Expected to do Same in the Forecast Period

  • North America is expected to dominate the overall embolic prevention systems market, throughout the forecast period. The largest share is mainly due to the presence of a larger patient pool and increasing geriatric population. 
  • Furthermore, well-established insurance policies and the availability of advanced healthcare infrastructure are a few of the other factors boosting the market in this region. 
  • In the North America region, the United States holds the largest market share due to factors such as the increasing number of geriatric populations, along with a growing number of patient pools in the country. According to the Centers for Disease Control and Prevention, in 2018, 7.8 million adults had a stroke, and a number of deaths were registered as 146,383. According to the statistics, a large number of patients boost the market in this region.
Embolic Prevention Systems Market - Growth Rate by Region

Competitive Landscape

The Embolic Protection Systems market moderately competitive. The major players are focusing on new advancements and product development. Some of the companies which are currently dominating the market are InspireMD Inc., Boston Scientific Corporation, Abbott, Medtronic, Cardinal Health, Contego Medical, LLC, Silk Road Medical, Inc, Edwards Lifesciences Corporation, LEPU MEDICAL TECHNOLOGY.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Prevalence of Cardiovascular and Neurovascular Diseases.

      2. 4.2.2 Increasing Demand for Minimally Invasive Surgeries

    3. 4.3 Market Restraints

      1. 4.3.1 Stringent Regulatory Scenarios and Unfavourable Government policies

      2. 4.3.2 Lack of Skilled Labour

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Technology Type

      1. 5.1.1 Distal Occlusion Devices

      2. 5.1.2 Distal Filters

      3. 5.1.3 Proximal Occlusion Devices

    2. 5.2 By Application

      1. 5.2.1 Neurovascular Diseases

      2. 5.2.2 Cardiovascular diseases

      3. 5.2.3 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 InspireMD Inc.

      2. 6.1.2 Boston Scientific Corporation

      3. 6.1.3 Abbott Laboratories

      4. 6.1.4 Medtronic Plc

      5. 6.1.5 Cardinal Health

      6. 6.1.6 Contego Medical, LLC

      7. 6.1.7 Silk Road Medical,Inc

      8. 6.1.8 Edwards Lifesciences Corporation

      9. 6.1.9 LEPU MEDICAL TECHNOLOGY

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The undefined market is studied from 2018 - 2026.

The undefined is growing at a CAGR of 8.6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

InspireMD Inc., Boston Scientific Corporation , Medtronic Plc, Abbott Laboratories, Cardinal Health are the major companies operating in undefined.

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