The embolic protection system market is growing at a significant rate and offering tremendous growth opportunities for both existing and upcoming players.
According to the latest Arizton's market research report, the embolic protection system market size to cross USD 688 million by 2025, growing at a CAGR of 8% during the forecast period.
Embolic Protection System Market Growth
The embolic protection system market is growing at a significant rate and offering tremendous growth opportunities for both existing and upcoming players. An innovative pipeline of embolic protection system is anticipated to boost the growth of the global embolic protection devices market in the future. New product approvals/launches coupled with R&D activities, help the vendors to expand their presence, enhance market growth, and sustain their market position in the embolic protection system market. The growing prevalence of various cardiovascular and neurovascular diseases are significantly contributing to the growth of the global embolic protection devices market. The rising adoption of minimally invasive arterial interventions is driving the growth of the embolic protection devices market across the globe.
Emergence of Advanced EPDs
The currently available EPDs are beneficial in preventing large embolic particles from reaching the brain however, they are not always effective in preventing all particles from entering to the intracranial circulation. Several clinical studies have reported that increasing the degree and efficiency of embolic protection system during the post-dilation phase helps to reduce the number of particles reaching the brain, thereby reduces the risk of stroke. A catheter with an integrated embolic protection element contains a catheter shaft and an embolic filter slidably mounted on a distal portion of the shaft, a proximal stop for limiting the proximal movement of the embolic filter, and a distal stop for controlling the distal movement of the embolic filter. The rapid use of embolic protection system is the major challenge faced by CAS is the high chances of stroke, especially during the critical procedural stage of post-dilation. Hence, the development of advanced EPDs is necessary to meet the exponential surge in the market demand.
- Market Size & Forecast by Revenue | 2019−2025
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Segmentation – A detailed analysis by product, application, indication, end-user, and geography
- Competitive Landscape – 3 Key Company Profiles, 8 Other Prominent Vendors, and 5 Investigational Companies
Embolic Protection System Market – Geographic Analysis
The embolic protection system market in APAC is growing at a significant rate and is expected to grow at a similar pace during the forecast period. Some of the factors contributing to this region’s growth are the presence of a large pool of patient population, improvements in healthcare infrastructure, and increased healthcare expenditure. The increasing prevalence of cardiac diseases, including CVDs, valvular heart diseases, and aging population are the key factors driving the embolic protection system market in the region. Europe is the second-largest market for embolic protection devices. It is growing at a healthy rate and is expected to grow at a similar pace during the forecast period. The rising awareness of embolic protection system for treating various embolic complications associated with treatment procedures of CAD, PAD, and valvular heart diseases coupled with improved healthcare infrastructure, various favorable guidelines, and availability of technologically advanced embolic protection devices are driving the growth of the market in the region.
The global embolic protection system market is highly concentrated, with the presence of a few established players holding most of the market share. Vendors are offering several filter and occlusion embolic protection devices that are competing based on factors such as technology up-gradation, safety features, regulatory approvals, marketing strategies, and distribution channels. The other prominent market players in the global embolic protection devices market include Cardinal Health, Contego Medical, InspireMD, among others. All these players are also competing in the market by offering technologically advanced EPDs. This indicates that the market offers tremendous growth opportunities both for existing as well as emerging players due to the presence of a large pool of patient population with cardiovascular and neurovascular disorders and their associated surgical risk of stroke. Vendors, especially global players, are increasingly focusing on pursuing inorganic growth strategies such as acquisitions and strategic partnerships to expand their presence, enhance product portfolio, and improve expertise in the market for several years.
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