Embolic Protection Devices Industry Growth Trends 12 Company Profiles And 2023 Future Market Analysis 2019 to 2023

Embolic Protection Devices Industry Highlights

Embolic protection devices are devices used to prevent or reduce plaque debris from reaching the distal bed during surgical procedures. They are commonly used in Saphenous Vein Graft (SVG) interventions and during carotid artery stenting procedures. Other key factors such as advancement in the field of healthcare and adoption of advanced equipment by healthcare institutes also drive the growth of the market. However, factors such as lack of trained medical professionals are expected to curb the growth of the market during the forecast period.

Global Embolic Protection Devices Industry: Embolic Protection Devices: Increasing prevalence of rate in cardiovascular disorders is likely to drive the growth of the global market at a CAGR of 8.5% during 2018 to 2023.

Industry Segmentation

The global Embolic Protection Devices Industry is segmented on the basis of type, material, usage, application, and end-user.

On the basis of type, the market is segmented into distal filter devices, distal occlusion devices, and proximal occlusion devices.

On the basis of material, the market is segmented into nitinol and polyurethane.

On the basis of usage, the market is segmented into disposable devices and reusable devices.

On the basis of application, the market is segmented into cardiovascular diseases, neurovascular diseases, and peripheral vascular diseases. On the basis of cardiovascular diseases, it is further sub-segmented into coronary artery diseases, trans Cather aortic valve replacement, and saphenous vein graft diseases.

On the basis of the end-user, the market is segmented into hospitals and clinics, specialty centers, and ambulatory surgical centers.

Competitive Analysis by Major Key Players

Medtronic
Abbott Laboratories
Boston Scientific
Cordis
Contego Medical
Silk Road Medical
Claret Medical
Allium Medical Solutions
Angioslide
Claret Medical
Edwards Lifesciences Corporation

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Comprehensive Regional Analysis

The Americas dominates the global Embolic Protection Devices Industry owing to the increasing aging population, which eventually leads to the increasing patient population. According to the American Heart Association, 31% of the deaths in the U.S. were due to cardiovascular disorders. Similarly, according to the Center for Disease Control and Prevention, in 2015, around USD 3.2 trillion were spend in healthcare expenditure in the U.S.

Europe accounts for the second largest market due to the increasing cardiovascular disorders and increasing obesity rates. For instance, Eurostat estimated that over 19.2% of the population in Europe were aged 65 and above. This rising older population is likely to lead to the increased patient population. These factors are likely to drive the growth of the Embolic Protection Devices Industry.

Asia Pacific is the fastest growing market for the embolic protection devices whose growth is attributed to rising population and increasing standard of living.

On the other hand, the Middle East and Africa is expected to witness a slow growth due to limited access to healthcare and affordability issues among the population. In the Middle East, the growth of the market is driven by the increasing availability of new and advanced diagnostic and treatment methods for various chronic diseases.

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