The
global Embolic Protection
Devices Market size is expected to reach USD 1.7 billion by 2026,
according to a new report by Grand View Research, Inc. The market is estimated
to expand at a CAGR of 8.4% during the forecast period. Rising incidences of
cardiovascular and neurovascular diseases and growing adoption of minimally
invasive diseases are propelling the market growth. Rising demand for
technologically advanced embolic devices and increasing healthcare expenditure,
resulting in huge funding and investments from multinational companies, are
fueling the R&D in the global medical devices industry. This factor is also
contributing toward the market growth.
On
the other hand, the product failures and recalls may limit the market growth.
Low reimbursement for stenting and presence of alternative treatment methods,
such as the use of drugs, may also imped the market development. However,
factors such as a rise in the number of Trans-catheter Aortic Valve Replacement
(TAVR) procedures will support the market expansion. The number of TAVR centers
in U.S. has increased from 156 in 2012 to 511 in 2017, and approximately 35,000
patients underwent TAVR in 2016 in U.S. alone. The distal occlusion systems
segment is expected to register the highest CAGR over the forecast period.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/embolic-protection-devices-market
https://www.grandviewresearch.com/industry-analysis/embolic-protection-devices-market
Further key findings from the study suggest:
- Distal
filter devices segment emerged as the largest segment owing to high demand
for these devices
- Neurovascular
diseases accounted for the largest share in the application segment owing
to the rising cases of neurological disorders
- North
America led the global embolic protection devices market with the largest
share in 2017 and is likely to maintain this trend over the estimated
period
- Growing
adoption of minimally invasive surgeries and increasing demand for novel
technologies are facilitating the dominance of this region
- The industry
in the Asia Pacific is projected to witness swift growth during the forecast
period owing to rapidly improving healthcare infrastructure and large
target population base
- Some of the
key companies include Boston Scientific Corp.; Edward Lifesciences; Abbott
Laboratories; Medtronic Plc; Cardinal Health, Inc.; Claret Medical, Inc.;
and Innovative Cardiovascular Solutions, LLC
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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