The global Neuroendovascular Coils Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Bare Metal Coil, Hydrogel Coated Coils), By Application (Aneurysm-Embolization, Malformation-Embolization, Ischemic stroke-Revascularization, Stenosis-Revascularization).
The neuroendovascular coils market in 2024 is experiencing significant growth driven by the increasing prevalence of cerebral aneurysms, ischemic strokes, and arteriovenous malformations (AVMs), as well as advancements in endovascular therapies and interventional neuroradiology techniques. Neuroendovascular coils play a pivotal role in the endovascular treatment of intracranial aneurysms, facilitating coil embolization and thrombosis within the aneurysm sac to prevent rupture and hemorrhagic stroke. With innovations in coil design, delivery systems, and imaging guidance technologies, neuroendovascular coils offer improved safety, efficacy, and long-term outcomes for patients undergoing endovascular procedures. Market players are investing in research and development, clinical trials, and regulatory approvals to bring novel coil technologies to market and address the evolving needs of neurointerventionalists and neurosurgeons, driving further growth and innovation in the neuroendovascular coils segment.
The global Neuroendovascular Coils Industry is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Neuroendovascular Coils Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Neuroendovascular Coils Industry include- Balt Extrusion, Boston Scientific Corp, Cardinal Health, Codman, Cook Medical Inc, EndoShape, Johnson & Johnson Services Inc, Medtronic Plc, MicroVention, Penumbra, Stryker Corp, Terumo Corp.
In the Neuroendovascular Coils market, a prominent trend is the shift towards next-generation coil technologies. Traditional coil designs have limitations such as incomplete aneurysm occlusion and risk of recurrence. Manufacturers are increasingly focusing on developing advanced coil systems with improved biocompatibility, thrombogenicity, and shape memory properties to enhance treatment efficacy and durability. Innovations such as bioactive coatings, retrievable coils, and complex-shaped coils are gaining traction, offering neurointerventionalists more options for tailored and effective aneurysm embolization.
The primary market driver for Neuroendovascular Coils is the rising incidence of cerebrovascular diseases such as intracranial aneurysms and arteriovenous malformations (AVMs). Factors such as aging population, lifestyle changes, and improved diagnostic techniques contribute to the growing prevalence of these conditions, driving the demand for minimally invasive endovascular treatments. Neuroendovascular coils play a crucial role in the endovascular management of intracranial aneurysms, offering a safe and effective alternative to surgical clipping. As neurointerventional procedures continue to gain acceptance, the market for neuroendovascular coils is expected to witness steady growth.
An emerging opportunity in the Neuroendovascular Coils market lies in the development of bioresorbable coils. Traditional coils remain permanently implanted in the aneurysm sac, posing long-term concerns such as delayed thrombosis and coil compaction. Bioresorbable coils, designed to gradually degrade and promote tissue healing, offer a potential solution to these challenges. By providing temporary support during the initial embolization phase and then gradually resorbing over time, bioresorbable coils may reduce the risk of long-term complications and facilitate vessel remodeling. Collaborative research efforts and clinical trials are underway to evaluate the safety and efficacy of bioresorbable coil technologies, presenting an opportunity for manufacturers to innovate and address unmet needs in neuroendovascular therapy.
Hydrogel coated coils stand out as the fast-growing segment within the neuroendovascular coils market. These coils are engineered with a special hydrogel coating designed to improve the efficacy of aneurysm and malformation embolization procedures. The hydrogel coating enhances the stability and occlusion of the embolization by promoting thrombosis and reducing the risk of coil compaction or recanalization. This innovation has garnered significant interest among neurointerventionalists due to its potential to improve patient outcomes and reduce the need for retreatment. Additionally, hydrogel coated coils offer advantages in terms of visualization under fluoroscopy and compatibility with various delivery systems. As a result, they have become increasingly preferred for aneurysm and malformation embolization procedures, driving their rapid growth in the neuroendovascular coils market.
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Balt Extrusion
Boston Scientific Corp
Cardinal Health
Codman
Cook Medical Inc
EndoShape
Johnson & Johnson Services Inc
Medtronic Plc
MicroVention
Penumbra
Stryker Corp
Terumo Corp
* List not Exhaustive
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TABLE OF CONTENTS
1 Introduction to 2024 Neuroendovascular Coils Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Neuroendovascular Coils Market Size Outlook, $ Million, 2021 to 2030
3.2 Neuroendovascular Coils Market Outlook by Type, $ Million, 2021 to 2030
3.3 Neuroendovascular Coils Market Outlook by Product, $ Million, 2021 to 2030
3.4 Neuroendovascular Coils Market Outlook by Application, $ Million, 2021 to 2030
3.5 Neuroendovascular Coils Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Neuroendovascular Coils Industry
4.2 Key Market Trends in Neuroendovascular Coils Industry
4.3 Potential Opportunities in Neuroendovascular Coils Industry
4.4 Key Challenges in Neuroendovascular Coils Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Neuroendovascular Coils Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Neuroendovascular Coils Market Outlook by Segments
7.1 Neuroendovascular Coils Market Outlook by Segments, $ Million, 2021- 2030
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
8 North America Neuroendovascular Coils Market Analysis and Outlook To 2030
8.1 Introduction to North America Neuroendovascular Coils Markets in 2024
8.2 North America Neuroendovascular Coils Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Neuroendovascular Coils Market size Outlook by Segments, 2021-2030
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
9 Europe Neuroendovascular Coils Market Analysis and Outlook To 2030
9.1 Introduction to Europe Neuroendovascular Coils Markets in 2024
9.2 Europe Neuroendovascular Coils Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Neuroendovascular Coils Market Size Outlook by Segments, 2021-2030
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
10 Asia Pacific Neuroendovascular Coils Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Neuroendovascular Coils Markets in 2024
10.2 Asia Pacific Neuroendovascular Coils Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Neuroendovascular Coils Market size Outlook by Segments, 2021-2030
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
11 South America Neuroendovascular Coils Market Analysis and Outlook To 2030
11.1 Introduction to South America Neuroendovascular Coils Markets in 2024
11.2 South America Neuroendovascular Coils Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Neuroendovascular Coils Market size Outlook by Segments, 2021-2030
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
12 Middle East and Africa Neuroendovascular Coils Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Neuroendovascular Coils Markets in 2024
12.2 Middle East and Africa Neuroendovascular Coils Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Neuroendovascular Coils Market size Outlook by Segments, 2021-2030
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Balt Extrusion
Boston Scientific Corp
Cardinal Health
Codman
Cook Medical Inc
EndoShape
Johnson & Johnson Services Inc
Medtronic Plc
MicroVention
Penumbra
Stryker Corp
Terumo Corp
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Bare Metal Coil
Hydrogel Coated Coils
By Application
Aneurysm-Embolization
Malformation-Embolization
Ischemic stroke-Revascularization
Stenosis-Revascularization
The global Neuroendovascular Coils Market is one of the lucrative growth markets, poised to register a 3.1% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Balt Extrusion, Boston Scientific Corp, Cardinal Health, Codman, Cook Medical Inc, EndoShape, Johnson & Johnson Services Inc, Medtronic Plc, MicroVention, Penumbra, Stryker Corp, Terumo Corp
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume