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Neurovascular Embolization Market Share

Report ID: GMI7160
Published Date: Oct 2023
Report Format: PDF

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Neurovascular Embolization Market Share

The neurovascular embolization industry is consolidated, with key players such as Medtronic, Stryker, Cerenovus (Johnson & Johnson), and others dominating the market. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market shares. For instance, Medtronic's pipeline flex embolization device with shield technology has received FDA approval. This technology is a notable advancement in flow diversion therapy, reducing the risk of clot formation on the device's surface and improving treatment safety and efficacy.

Some of the eminent market participants operating in the neurovascular embolization industry include:

Medtronic
Stryker
Cerenovus (Johnson & Johnson)
Integra LifeSciences
Penumbra Inc
Balt SAS
B. Braun Melsungen AG
Phenox GmbH
MicroVention Inc (Terumo Corporation)
Shape Memory Medical Inc
Peter Lazic GmbH
Spartan Micro

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global neurovascular embolization industry was valued at USD 1.4 billion in 2022 and is estimated to account for USD 2.5 billion by 2032.

The embolic coils segment garnered USD 907 million in the year 2022, attributed to its proven clinical efficacy, minimally invasive nature, versatility, and ongoing technological advancements.

The U.S. neurovascular embolization market accounted for USD 503 million in 2022 and is predicted to witness substantial growth through 2032, primarily due to the advanced healthcare infrastructure, coupled with a high prevalence of neurovascular conditions, and the strong regulatory framework.

Medtronic, Stryker, Cerenovus (Johnson & Johnson), Integra LifeSciences, Penumbra Inc, Balt SAS, B. Braun Melsungen AG, Phenox GmbH, MicroVention Inc (Terumo Corporation), Shape Memory Medical Inc, Peter Lazic GmbH, and Spartan Micro.