Austin, TX, USA, Oct. 29, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Embolic Protection Device Market Size, Trends and Insights By Type of Device (Distal Filter Devices, Distal Occlusion Devices, Proximal Protection Devices, Others), By Application (Cardiovascular Procedures, Neurovascular Procedures), By Material (Nitinol Devices, Polyurethane Devices, Mesh Filters, Others), By Procedure Type (Coronary Artery, Peripheral Artery, Neurovascular, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Embolic Protection Device Market size & share was valued at approximately USD 1,658.1 Million in 2023 and is expected to reach USD 1,784.1 Million in 2024 and is expected to reach a value of around USD 3,562.2 Million by 2033, at a compound annual growth rate (CAGR) of about 7.6% during the forecast period 2024 to 2033.”
Click Here to Access a Free Sample Report of the Global Embolic Protection Device Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=53382
Embolic Protection Device Market: Growth Factors and Dynamics
- Technological Advancements: Continuous innovations in device design, materials, and manufacturing processes enhance the efficacy and safety of embolic protection devices, driving market growth. Advancements in imaging technology and navigation systems improve procedural outcomes and increase the adoption of embolic protection devices in both cardiovascular and neurovascular procedures.
- Increasing Prevalence of Cardiovascular and Neurovascular Diseases: The rising incidence of cardiovascular diseases such as coronary artery disease and peripheral artery disease, as well as neurovascular conditions like stroke and aneurysms, fuels the demand for embolic protection devices. Aging populations, lifestyle changes, and the increasing prevalence of risk factors such as diabetes and hypertension contribute to the growing burden of these diseases globally.
- Minimally Invasive Procedures: The shift towards minimally invasive procedures, characterized by shorter hospital stays, quicker recovery times, and reduced morbidity, drives the adoption of embolic protection devices. Minimally invasive techniques, such as transcatheter interventions for coronary and neurovascular diseases, require embolic protection to mitigate the risk of procedural complications such as stroke and distal embolization.
- Regulatory Support and Approval: Stringent regulatory frameworks and the requirement for clinical evidence to support safety and efficacy promote the development and commercialization of embolic protection devices. Regulatory approvals from agencies such as the FDA (Food and Drug Administration) and CE Mark certification in Europe validate the quality and performance of these devices, instilling confidence among healthcare providers and patients.
- Increasing Adoption of Interventional Procedures: The growing adoption of interventional procedures, including angioplasty, stenting, and thrombectomy, for the treatment of cardiovascular and neurovascular diseases, drives the demand for embolic protection devices. The shift towards minimally invasive techniques and the expanding indications for endovascular interventions further contribute to market growth.
- Collaborations and Partnerships: Collaborations between medical device manufacturers, healthcare providers, and research institutions facilitate innovation, product development, and market expansion. Partnerships with key opinion leaders and clinical trial collaborations help manufacturers demonstrate the clinical utility and cost-effectiveness of embolic protection devices, driving adoption and market growth.
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Embolic Protection Device Market: Partnership and Acquisitions
- In 2022, Boston Scientific Corporation showcased the PROTECTED TAVR trial results, validating the effectiveness of the SENTINEL Cerebral Protection System in preventing strokes during transcatheter aortic valve replacement. These advancements bolster the company’s brand reputation and attract new customers, expanding its customer base and market presence.
- In 2021, Cardiovascular Systems, Inc. recalled the WIRION Embolic Protection Device due to reported incidents of filter breakage during retrieval, posing potential risks to patient safety. This action demonstrates the company’s commitment to addressing product concerns and ensuring regulatory compliance.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 1,784.1 Million |
| Projected Market Size in 2033 | USD 3,562.2 Million |
| Market Size in 2023 | USD 1,658.1 Million |
| CAGR Growth Rate | 7.6% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type of Device, Application, Material, Procedure Type and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Embolic Protection Device report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Embolic Protection Device report has been modified to include the COVID-19 impact study prior to delivery.)
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Embolic Protection Device Market: COVID-19 Analysis
The COVID-19 pandemic has significantly impacted the Embolic Protection Device Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:
- Procedural Delays and Cancellations: The COVID-19 pandemic led to the postponement or cancellation of elective procedures, including those requiring embolic protection devices, to prioritize resources for treating COVID-19 patients. This resulted in a decline in procedural volumes and revenue for manufacturers of these devices.
- Supply Chain Disruptions: Disruptions in the global supply chain due to lockdowns, travel restrictions, and manufacturing shutdowns affected the availability of components and raw materials for embolic protection devices. This led to delays in production and distribution, impacting market supply and revenue.
- Resumption of Elective Procedures: With the easing of COVID-19 restrictions and vaccination efforts, healthcare systems are gradually resuming elective procedures. Increased procedural volumes for cardiovascular and neurovascular interventions, coupled with pent-up demand, drive the recovery of the embolic protection device market.
- Telehealth Adoption: The adoption of telehealth services for pre-procedural consultations and post-procedural follow-ups reduces the need for in-person visits, facilitating the safe delivery of care and enhancing patient access to embolic protection devices.
- Regulatory Flexibility: Regulatory agencies may provide expedited pathways or flexible approval processes for embolic protection devices to address unmet clinical needs and accelerate market entry for innovative products.
- Educational Initiatives: Educational programs and initiatives aimed at raising awareness among healthcare providers about the importance of embolic protection devices in reducing procedural complications help drive adoption and utilization post-pandemic.
- Partnerships and Collaborations: Collaborations between device manufacturers, healthcare institutions, and regulatory bodies facilitate the development of evidence-based guidelines and protocols for the use of embolic protection devices, enhancing confidence and standardizing practices across healthcare settings.
- Digitalization and Remote Monitoring: The integration of digital health technologies and remote monitoring solutions allows for real-time tracking of patient outcomes and device performance, enhancing post-procedural care and ensuring optimal use of embolic protection devices in the recovery phase.
In conclusion, the COVID-19 pandemic has had a mixed impact on the Embolic Protection Device Market, with some challenges and opportunities arising from the pandemic.
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Key questions answered in this report:
- What is the size of the Embolic Protection Device market and what is its expected growth rate?
- What are the primary driving factors that push the Embolic Protection Device market forward?
- What are the Embolic Protection Device Industry’s top companies?
- What are the different categories that the Embolic Protection Device Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Embolic Protection Device market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Embolic Protection Device Market – Regional Analysis
The Embolic Protection Device Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, the embolic protection device market is driven by technological advancements and high healthcare expenditure. Trends include the increasing adoption of minimally invasive procedures, such as transcatheter interventions for coronary artery disease, and the development of personalized treatment approaches. Moreover, regulatory reforms and favorable reimbursement policies stimulate market growth, while strategic collaborations between industry players and research institutions drive innovation and market expansion.
- Europe: Europe’s embolic protection device market emphasizes regulatory compliance and patient safety. Trends include stringent regulatory requirements, such as CE Mark certification, ensuring the quality and efficacy of devices. Additionally, there’s a growing emphasis on healthcare sustainability, driving demand for eco-friendly materials and reusable device components. Furthermore, the integration of digital health technologies and telemedicine solutions facilitates remote patient monitoring and enhances post-procedural care, improving patient outcomes.
- Asia-Pacific: In the Asia-Pacific region, the embolic protection device market experiences rapid growth driven by increasing healthcare infrastructure and technological advancements. Trends include the rising prevalence of cardiovascular and neurovascular diseases, necessitating the adoption of embolic protection devices. Moreover, there’s a shift towards value-based healthcare models and cost-effective device solutions to address the diverse healthcare needs of the region. Strategic partnerships and collaborations with local distributors and healthcare providers facilitate market penetration and expansion.
- LAMEA (Latin America, Middle East & Africa): LAMEA’s embolic protection device market is characterized by emerging economies and expanding healthcare access. Trends include the growing demand for affordable healthcare solutions and the adoption of telehealth services to improve patient access to specialist care. Moreover, there’s a focus on addressing regional healthcare disparities and unmet medical needs through targeted initiatives and partnerships. Additionally, investments in healthcare infrastructure and regulatory reforms drive market growth, fostering innovation and market competitiveness.
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Browse the full “Embolic Protection Device Market Size, Trends and Insights By Type of Device (Distal Filter Devices, Distal Occlusion Devices, Proximal Protection Devices, Others), By Application (Cardiovascular Procedures, Neurovascular Procedures), By Material (Nitinol Devices, Polyurethane Devices, Mesh Filters, Others), By Procedure Type (Coronary Artery, Peripheral Artery, Neurovascular, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/embolic-protection-device-market/
List of the prominent players in the
- Boston Scientific Corporation
- Medtronic plc
- Abbott Laboratories
- Cordis Corporation (a Cardinal Health company)
- Cook Medical
- Terumo Corporation
- Cardinal Health Inc.
- Allium Medical Solutions Ltd.
- Contego Medical LLC
- Gore Medical
- AngioDynamics Inc.
- Silk Road Medical Inc.
- Capture Vascular Inc.
- InspireMD Inc.
- Metactive Medical Inc.
- Others
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The Embolic Protection Device Market is segmented as follows:
By Type of Device
- Distal Filter Devices
- Distal Occlusion Devices
- Proximal Protection Devices
- Others
By Application
- Cardiovascular Procedures
- Neurovascular Procedures
By Material
- Nitinol Devices
- Polyurethane Devices
- Mesh Filters
- Others
By Procedure Type
- Coronary Artery
- Peripheral Artery
- Neurovascular
- Others
Click Here to Get a Free Sample Report of the Global Embolic Protection Device Market @ https://www.custommarketinsights.com/report/embolic-protection-device-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Embolic Protection Device Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Embolic Protection Device Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Embolic Protection Device Market? What Was the Capacity, Production Value, Cost and PROFIT of the Embolic Protection Device Market?
- What Is the Current Market Status of the Embolic Protection Device Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Embolic Protection Device Market by Considering Applications and Types?
- What Are Projections of the Global Embolic Protection Device Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Embolic Protection Device Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Embolic Protection Device Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Embolic Protection Device Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Embolic Protection Device Industry?
Click Here to Access a Free Sample Report of the Global Embolic Protection Device Market @ https://www.custommarketinsights.com/report/embolic-protection-device-market/
Reasons to Purchase Embolic Protection Device Market Report
- Embolic Protection Device Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Embolic Protection Device Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Embolic Protection Device Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Embolic Protection Device Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Embolic Protection Device market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Embolic Protection Device market analysis.
- The competitive environment of current and potential participants in the Embolic Protection Device market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Embolic Protection Device market should find this report useful. The research will be useful to all market participants in the Embolic Protection Device industry.
- Managers in the Embolic Protection Device sector are interested in publishing up-to-date and projected data about the worldwide Embolic Protection Device market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Embolic Protection Device products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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