- Detachable Coil
- Pushable Coil
Embolization Coils Market size was valued at USD 1,829.3 million in 2023 and poised to grow at 4.9% CAGR from (2024-2030). Embolization Coils are medical devices used in performing a procedure called coil embolization, which is a minimally invasive treatment designed to block blood flow to an area of the body. These coils are usually utilized in treating aneurysms, especially in the brain and for hemorrhage control in other parts of the body by initiating blood clotting at the area under consideration. These coils are made of materials such as platinum, which can be imaged by X-rays, and are inserted using a catheter into the blood vessel that has to be occluded. When the coil is in situ, it will create clotting, thereby occluding the aneurysm or stopping the bleeding. It is anticipated that the growing cases of cerebral aneurysms and other vascular diseases will majorly boost the embolization coils market.
As all of these are potentially life-threatening diseases and their treatment is quite essential to avert serious complications such as strokes, demand for embolization coils has been increasing. Moreover, an aging global population, which is more susceptible to aneurysms and vascular diseases, is driving the demand for embolization coils. Although embolization is considered a minimally invasive procedure, risks of complications, such as coil migration or incomplete occlusion, might subsequently deter its use in some. Also, the cost associated with embolization procedures can be prohibitive, particularly in developing countries, limiting market growth. Whereas, ongoing research and development in coil materials and delivery systems present opportunities for market growth. Newer coils with better flexibility, visibility, and clotting capabilities are continually being developed. Probably one of the most recent developments in embolization coils was in 2023 with a next-generation hydrogel-coated coil launch by one of the world's biggest medical device manufacturers.
Embolization Coils Market Key Developments:
- In 2023: Terumo Medical Corporation received FDA approval for its Azur Vascular Plug, a device used in conjunction with embolization coils for peripheral vascular embolization.
- In 2022: MicroVention, Inc., a subsidiary of Terumo, received FDA clearance for its SOFIA Plus 6F Guide Catheter. Although this is not a coil, it is directly related to embolization procedures as it facilitates the delivery of embolization coils and other neurovascular devices.
- In 2021: Penumbra, a prominent medical device company, received FDA approval for its SMART Coil System.
Embolization Coils Market Summary
Study Period
2024-2030Base Year
2023CAGR
4.9%Largest Market
EuropeFastest Growing Market
North AmericaEmbolization Coils Market Dynamics
One of the major driving forces behind embolic coils is the increasing cases of aneurysms. For instance, cerebral aneurysms are one of the most common causes of hemorrhagic strokes, and with increased global prevalence of hypertension, smoking, and other risk factors, the incidence of aneurysms has been on the rise. According to a study in 2020, intracranial aneurysm diagnosis is on the rise, which can be attributed to improved imaging modalities and heightened public awareness. This has naturally raised demand for effective treatment options like embolization coils that help in the minimally invasive management of aneurysms. In 2020, stroke was the sixth leading cause of death in the United States, with a mortality rate of 36.4 deaths per 100,000 population. This statistic highlights the critical need for effective treatments for cerebrovascular conditions, further supporting the embolization coils market.
North-America Got Significant Share
Embolization Coils Market Regional Analysis
Based on the region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America holds the maximum market share of the same on account of its high prevalence of aneurysms and vascular diseases, well-set healthcare infrastructure, and presence of major players. Advanced medical technology and high spending on healthcare make the U.S. a prominent market. For instance, North America has one of the highest rates of abdominal aortic aneurysms globally, with a prevalence of 256 cases per 100,000 people. Also, according to the American Heart Association, between 2015 and 2018, approximately 126.9 million American adults had some form of cardiovascular disease. Asia-Pacific is the fastest-growing market due to rising healthcare investments, increasing awareness about minimally invasive procedures, and a growing burden of chronic diseases, including aneurysms. Countries like China and India are at the forefront, with rapid healthcare infrastructure development.
Europe is another significant market, with countries like Germany, France, and the UK leading due to their advanced healthcare systems and a growing elderly population prone to aneurysms.
Latin America
Europe
Asia Pacific
Middle East
North America
Embolization Coils Market Segmentation
By Type
By Material
- Platinum
- Platinum & Hydrogel
- Platinum Tungsten Alloy
By Application
- Neurology
- Cardiology
- Urology
- Oncology
- Peripheral Vascular Disease
By End User
- Cardiac Center
- Hospitals
- Ambulatory Center
Geography
- North America
- Europe
- Asia pacific
- Latin America
- Middle east
Frequently Asked Questions
Embolization coils are medical devices used to block blood flow to an area, often used to treat aneurysms and control bleeding.
The growth is driven by the rising incidence of aneurysms, advancements in minimally invasive procedures, and an aging population.
North America is leading the market, primarily due to the high incidence of vascular diseases, advanced healthcare infrastructure, and significant healthcare spending.
A major challenge is the high cost of embolization procedures, which can limit accessibility, particularly in developing regions.
The introduction of next-generation hydrogel-coated coils in 2023, offering enhanced biocompatibility and clotting efficiency, is a significant development.
Technological advancements in coil materials, design, and delivery systems are crucial for improving treatment outcomes and driving market growth.
Opportunities include technological innovations in coil design and expanding the market in emerging economies with growing healthcare infrastructure.
Key Features of the Report
- The embolization coils market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
| 1.Executive Summary |
| 2.Global Embolization Coils Market Introduction |
| 2.1.Global Embolization Coils Market - Taxonomy |
| 2.2.Global Embolization Coils Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Material |
| 2.2.3.Application |
| 2.2.4.End User |
| 2.2.5.Region |
| 3.Global Embolization Coils Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Embolization Coils Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Embolization Coils Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Detachable Coil |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Pushable Coil |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Embolization Coils Market By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Platinum |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Platinum & Hydrogel |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Platinum Tungsten Alloy |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Embolization Coils Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Neurology |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Cardiology |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Urology |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Oncology |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Peripheral Vascular Disease |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Embolization Coils Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Cardiac Center |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Hospitals |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Ambulatory Center |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Global Embolization Coils Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Embolization Coils Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Detachable Coil |
| 10.1.2.Pushable Coil |
| 10.2. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Platinum |
| 10.2.2.Platinum & Hydrogel |
| 10.2.3.Platinum Tungsten Alloy |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Neurology |
| 10.3.2.Cardiology |
| 10.3.3.Urology |
| 10.3.4.Oncology |
| 10.3.5.Peripheral Vascular Disease |
| 10.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Cardiac Center |
| 10.4.2.Hospitals |
| 10.4.3.Ambulatory Center |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Embolization Coils Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Detachable Coil |
| 11.1.2.Pushable Coil |
| 11.2. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Platinum |
| 11.2.2.Platinum & Hydrogel |
| 11.2.3.Platinum Tungsten Alloy |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Neurology |
| 11.3.2.Cardiology |
| 11.3.3.Urology |
| 11.3.4.Oncology |
| 11.3.5.Peripheral Vascular Disease |
| 11.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Cardiac Center |
| 11.4.2.Hospitals |
| 11.4.3.Ambulatory Center |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 12.Asia Pacific (APAC) Embolization Coils Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Detachable Coil |
| 12.1.2.Pushable Coil |
| 12.2. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Platinum |
| 12.2.2.Platinum & Hydrogel |
| 12.2.3.Platinum Tungsten Alloy |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Neurology |
| 12.3.2.Cardiology |
| 12.3.3.Urology |
| 12.3.4.Oncology |
| 12.3.5.Peripheral Vascular Disease |
| 12.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Cardiac Center |
| 12.4.2.Hospitals |
| 12.4.3.Ambulatory Center |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Embolization Coils Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Detachable Coil |
| 13.1.2.Pushable Coil |
| 13.2. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Platinum |
| 13.2.2.Platinum & Hydrogel |
| 13.2.3.Platinum Tungsten Alloy |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Neurology |
| 13.3.2.Cardiology |
| 13.3.3.Urology |
| 13.3.4.Oncology |
| 13.3.5.Peripheral Vascular Disease |
| 13.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Cardiac Center |
| 13.4.2.Hospitals |
| 13.4.3.Ambulatory Center |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Embolization Coils Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Detachable Coil |
| 14.1.2.Pushable Coil |
| 14.2. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Platinum |
| 14.2.2.Platinum & Hydrogel |
| 14.2.3.Platinum Tungsten Alloy |
| 14.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Neurology |
| 14.3.2.Cardiology |
| 14.3.3.Urology |
| 14.3.4.Oncology |
| 14.3.5.Peripheral Vascular Disease |
| 14.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Cardiac Center |
| 14.4.2.Hospitals |
| 14.4.3.Ambulatory Center |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Terumo Corporation |
| 15.2.2.Medtronic plc |
| 15.2.3.KANEKA CORPORATION |
| 15.2.4.Stryker Corporation |
| 15.2.5.Boston Scientific Corporation |
| 15.2.6.Cook Medical LLC |
| 15.2.7.MicroPort Scientific Corporation |
| 15.2.8.Penumbra, Inc |
| 15.2.9.Shape Memory Medical INC, |
| 15.2.10.Johnson & Johnson Services, Inc. |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- Terumo Corporation
- Medtronic plc
- KANEKA CORPORATION
- Stryker Corporation
- Boston Scientific Corporation
- Cook Medical LLC
- MicroPort Scientific Corporation
- Penumbra, Inc
- Shape Memory Medical INC,
- Johnson & Johnson Services, Inc.