The global endovascular treatment devices market size reached USD 2.60 Billion in 2021 and is expected to register a revenue CAGR of 7.3% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of endovascular treatment as a highly effective therapy for patients with acute ischemic stroke is the major factor driving market revenue growth. For certain patients with an acute ischemic stroke, caused due to blood clot in the brain, endovascular rescue therapy, also known as neurointerventional therapy, is a relatively recent and more advanced treatment option. The stroke-causing clot is removed using a catheter inserted into the brain as part of the procedure. Depending on the site, endovascular therapy must be performed within six to eight hours of the onset of stroke. Within minutes, endovascular therapy can restore blood flow. Studies demonstrate that individuals treated with medical therapy alone have less successful rate than patients treated with endovascular rescue therapy following intravenous thrombolytic therapy.
Utilizing in-vitro neurovascular models of large vessel occlusions is a current trend in the market (LVOs). In-vitro neurovascular models of major vessel occlusions causing Acute Ischemic Stroke (AIS) are often utilised for pre-clinical testing of potential therapy strategies. These provide medical professionals and engineers with the chance to test device functionality and the blockage’s response in order to develop design solutions for the existing unmet clinical demands.
Some of the key participants in this Endovascular Treatment Devices Market industry include:
Cardinal Health, Endospan, Getinge AB, Boston Scientific Corporation, InspireMD, Japan Lifeline Co., Ltd., Medtronic, Lombard Medical, Penumbra, Inc., and Terumo Corporation.
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The Global Endovascular Treatment Devices Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects.
Some Key Highlights From the Report
Percutaneous EVAR segment accounted for largest revenue share in 2021. Endovascular Aneurysm Repair (EVAR), which is well-preferred, safe, and effective, is primarily used to treat abdominal aortic aneurysms.
Recent studies have suggested using percutaneous access techniques instead of surgical cutdowns, which are frequently utilized to treat this issue over the common femoral arteries. Being more knowledgeable about different percutaneous techniques, including risks, complications, adjuncts, and alternative treatments, can improve EVAR outcomes and accessibility. As these techniques gain popularity, it is not unlikely that these can be utilized safely on a small number of patients in an outpatient setting. The fully percutaneous PEVAR procedure is used to repair abdominal aortic aneurysms that are very large, growing fast, leaking, or bleeding. Complication rates are lower for PEVAR than for open surgeries.
Balloon angioplasty segment accounted for largest revenue share in 2021. The balloon angioplasty procedure is carried out at the catheterization lab, also referred to as the ‘cath lab’. A specific dye is injected into the bloodstream by the doctor using a small, thin tube known as a catheter. This dye makes the arteries visible to medical practitioners on an X-ray screen. The next step is to thread a device into an artery in the arm or leg until it reaches the restricted area.
This device has a little balloon on its tip, and the balloon is inflated to flatten the plaque against the arterial walls, opening the artery and restoring blood flow. After that, the balloon is inflated and removed from the body. There are various advantages of using this treatment process such as reduced artery constriction that can lead to increased blood flow.
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The report studies the impact of the COVID-19 pandemic on the Endovascular Treatment Devices Market .The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
Scope of the Global Endovascular Treatment Devices Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Endovascular Treatment Devices Market industry, which turns out to be beneficial for readers interested in this sector.
Global Endovascular Treatment Devices Market Market Research Objectives:
To provide deep understanding of the Endovascular Treatment Devices Market industry.
To highlight the critical data of each segment at extensive level.
To determine key success factors in different segments of Endovascular Treatment Devices Market industry.
To highlight the trends in specific sectors.
To give insights into key segments.
To carry economic analysis, build quantitative and financial models of global Endovascular Treatment Devices Market industry and individual segments.
To project future performance of the global Endovascular Treatment Devices Market industry and identify imperatives.
To identify risks of investing in particular segments and suggest appropriate strategies to mitigate the risks.
To study what held back the Endovascular Treatment Devices Market industry during pandemic and forces that are driving up the global Endovascular Treatment Devices Market market post-pandemic.
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Emergen Research has segmented the global endovascular treatment devices market on the basis of product, procedure, application, and region:
Product Outlook (Revenue, USD Billion; 2019-2030)
Percutaneous Endovascular Aneurysm Repair (EVAR)
Aortic Stents Biodegradable Stents
Self-Expanding Nitinol Stents
Thoracic Aortic Aneurysm Grafts
Procedure Outlook (Revenue, USD Billion; 2019-2030)
Angioplasty with Stent Replacement
Drug-Eluting Stents (DES) Renal Artery Angioplasty And Stenting Carotid Artery Stenting Transfemoral Carotid Artery Stenting Transcarotid Artery Revascularization Intravascular Brachytherapy
Renal Artery Angioplasty and Stenting
Transfemoral Carotid Artery Stenting
Trans carotid Artery Revascularization
Carotid Artery Stenting
Application Outlook (Revenue, USD Billion; 2019-2030)
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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