The North America embolization coils market is expected to grow from US$ 506.49 million in 2022 to US$ 661.63 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2022 to 2028.
The North America embolization coils market is segmented on the basis of type, material, application, end user, and country. Based on type, the North America embolization coils market is bifurcated into detachable coil and pushable coil. The detachable coil segment held a larger market share in 2022.
Increase in Incidence of Cancer Cases is Boosting the North America Embolization Coils Market
The five most common types of cancer are breast, prostate, cervical, lung, and colorectal. However, of these five cancers, the leading cause of cancer-related death is lung cancer. Even though breast cancer has at least a 25% higher incidence among women, cervical carcinoma was the leading cause of death in 2020. This significant cancer burden is predicted to increase in the coming decades, with the incidence of new cases of cancer expected to rise to 138,000 and 175,000 by 2030 and 2040, respectively. Cancer-related mortality is predicted to rise to 73,000 and 94,000 during the same period. Moreover, according to the American Cancer Society journal, in 2021, an estimated 1.9 million new cancer cases will be diagnosed and 608,570 cancer deaths in the United States. Embolization is used to stop bleeding or block blood flow to a tumor or abnormal area of tissue. It is also used to treat liver and kidney cancer and neuroendocrine tumors. Embolizing coils include detachable coils and pushable coils, which are used to fill or close blood vessels. The pushable coils are mechanical embolic agents used both in arteries and veins for various indications such as controlling bleeding, occluding vascular lesions such as aneurysms, varices, and arteriovenous fistulas, and redistributing blood flow to protect non-target vessels. The vascular embolization device (previously the arterial embolization device) is intended to control hemorrhaging due to aneurysms, certain types of tumors, and arteriovenous malformations. The pipeline embolization device is used to treat large and giant wide-neck intracranial aneurysms in the internal carotid artery. It helps prevent aneurysms and tumors from growing and causing harm to essential organs. Thus, the rising prevalence of cancer cases is creating a high demand for embolization coils. This is bolstering the growth of the North America embolization coils market .North America Embolization Coils Market Overview
North America region includes countries such as the US, Canada, and Mexico. All the three countries in the region are witnessing a sequential change in the embolization coils market. North America has the largest market share of the embolization coils market, by region. The market in the region is expected to grow significantly due to the rise in the number of FDA approvals to companies manufacturing embolization coils. In the US, the embolization coils market is anticipated to grow significantly owing to the rising number of brain aneurysms.North America embolization coils market Segmentation
The North America embolization coils market is segmented on the basis of type, material, application, end user, and country. Based on type, the North America embolization coils market is bifurcated into detachable coil and pushable coil. The detachable coil segment held a larger market share in 2022. - Based on material, the North America embolization coils market is segmented into platinum, platinum & hydrogel, and platinum tungsten alloy. The platinum segment held the largest market share in 2022.
- Based on application, the North America embolization coils market is segmented into neurology, cardiology, urology, oncology, peripheral vascular disease, and others. The neurology segment held the largest market share in 2022.
- Based on end user, the North America embolization coils market is segmented into hospital, cardiac center, ambulatory center, and other. The hospital segment held the largest market share in 2022.
- Based on country, the North America embolization coils market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Embolization Coils Market- By Type
1.3.2 North America Embolization Coils Market- By Material
1.3.3 North America Embolization Coils Material- By Application
1.3.4 North America Embolization Coils Market- By End User
1.3.5 North America Embolization Coils Market - By Country
2. North America Embolization Coils Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Embolization Coils Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.3 Expert Opinion
5. North America Embolization Coils Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Prevalence of Cardiac Aneurysm
5.1.2 Increase in Incidence of Cancer Cases
5.1.3 Rise in Patient Preference for Minimally Invasive Procedures
5.1.4 Progressive Aging Population & Rise in Associated Chronic Diseases
5.2 Market Restraints
5.2.1 High Cost of Embolization Coils
5.2.2 Numerous Product Recalls
5.3 Market Opportunities
5.3.1 Growing Applications of Embolization Coils
5.4 Future Trends
5.4.1 Rise in Interventional Radiology
5.5 Impact analysis
6. Embolization Coils Market - North America Analysis
6.1 North America Embolization Coils Market Revenue Forecast and Analysis
7. North America Embolization Coils Market Analysis - By Type
7.1 Overview
7.2 Embolization Coils Market Revenue Share, by Type (2022 & 2028)
7.3 Detachable Coils
7.3.1 Overview
7.3.2 Detachable Coils: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Pushable Coils
7.4.1 Overview
7.4.2 Pushable Coils: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
8. North America Embolization Coils Market Analysis - By Material
8.1 Overview
8.2 Embolization Coils Market Revenue Share, by Material (2022 & 2028)
8.3 Platinum
8.3.1 Overview
8.3.2 Platinum: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Platinum & Hydrogel
8.4.1 Overview
8.4.2 Platinum & Hydrogels: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Platinum Tungsten Alloys
8.5.1 Overview
8.5.2 Platinum Tungsten Alloys: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
9. North America Embolization Coils Market Analysis - By Application
9.1 Overview
9.2 Embolization Coils Market Revenue Share, by Application (2022 & 2028)
9.3 Neurology
9.3.1 Overview
9.3.2 Neurology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Cardiology
9.4.1 Overview
9.4.2 Cardiology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Urology
9.5.1 Overview
9.5.2 Urology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Oncology
9.6.1 Overview
9.6.2 Oncology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
9.7 Peripheral Vascular Disease
9.7.1 Overview
9.7.2 Peripheral Vascular Disease: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
10. North America Embolization Coils Market Analysis - By End User
10.1 Overview
10.2 Embolization Coils Market Revenue Share, by End User (2022 & 2028)
10.3 Hospital
10.3.1 Overview
10.3.2 Hospital: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
10.4 Cardiac Centers
10.4.1 Overview
10.4.2 Cardiac Centers: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
10.5 Ambulatory Centers
10.5.1 Overview
10.5.2 Ambulatory Centers: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
11. North America Embolization Coils Market - by Country
11.1 Overview
11.1.1 North America: Embolization Coils Market, By Country, 2022 & 2028 (%)
11.1.1.1 US: Embolization Coils Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: Embolization Coils Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.2 US Embolization Coils Market, By Type - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.3 US Coils Market, By Material - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.4 US Embolization Coils Market, By Application - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.5 US Embolization Coils Market, By End User - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2 Canada Embolization Coils Market Revenue and Forecasts to 2028 (US$ Million)
11.1.1.2.1 Canada: Embolization Coils Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.2 Canada Embolization Coils Market, By Type - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.3 Canada Coils Market, By Material - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.4 Canada Embolization Coils Market, By Application - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.5 Canada Embolization Coils Market, By End User - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3 Mexico Embolization Coils Market Revenue and Forecasts to 2028 (US$ Mn)
11.1.1.3.1 Mexico: Embolization Coils Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.2 Mexico Embolization Coils Market, By Type - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.3 Mexico Coils Market, By Material - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.4 Mexico Embolization Coils Market, By Application - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.5 Mexico Embolization Coils Market, By End User - Revenue and Forecast to 2028 (US$ Million)
12. Embolization Coils Market -Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, 2021(%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 Terumo Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Boston Scientific Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Stryker
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 KANEKA CORPORATION
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 MicroPort Scientific Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Penumbra, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Cook Medical LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Johnson & Johnson Services, Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Shape Memory Medical INC
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms
Table 1. US Embolization Coils Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 2. US Embolization Coils Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 3. US Embolization Coils Market, By Application- Revenue and Forecast to 2028 (US$ Million)
Table 4. US Embolization Coils Market, By End User- Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada Embolization Coils Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Embolization Coils Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Embolization Coils Market, By Application- Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Embolization Coils Market, By End User- Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Embolization Coils Market, By Type- Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Embolization Coils Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Embolization Coils Market, By Application- Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico Embolization Coils Market, By End User- Revenue and Forecast to 2028 (US$ Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, Embolization Coil Market
Figure 1. North America Embolization Coils Market Segmentation
Figure 2. North America Embolization Coils Market Segmentation, By Country
Figure 3. North America Embolization Coils Market Overview
Figure 4. Detachable Coils Segment Held Largest Share by Type in Embolization Coils market
Figure 5. US Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. North America Expert Opinion
Figure 8. North America Embolization Coils Market Impact Analysis of Drivers and Restraints
Figure 9. North America Embolization Coils Market - Revenue Forecast and Analysis - 2020- 2028
Figure 10. North America Embolization Coils Market Revenue Share, by Type (2022 & 2028)
Figure 11. North America Detachable Coils: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Pushable Coils: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Embolization Coils Market Revenue Share, by Material (2022 & 2028)
Figure 14. North America Platinum: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Platinum & Hydrogels: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Platinum Tungsten Alloy: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Embolization Coils Market Revenue Share, by Application (2022 & 2028)
Figure 18. North America Neurology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Cardiology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Urology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Oncology: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Peripheral Vascular Disease: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Others: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Embolization Coils Market Revenue Share, by End User (2022 & 2028)
Figure 25. North America Hospital: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America Cardiac Centers: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America Ambulatory Centers: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America Others: Embolization Coils Market- Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America Embolization Coils Market Revenue Overview, By Country (2022) (us$ Million)
Figure 30. North America: Embolization Coils Market, By Country, 2022 & 2028 (%)
Figure 31. US: Embolization Coils Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Canada: Embolization Coils Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Mexico: Embolization Coils Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Growth Strategies Done by the Companies in the Market, 2021(%)
Companies Mentioned
- Terumo Corporation
- Medtronic
- Boston Scientific Corporation
- Stryker
- KANEKA CORPORATION
- MicroPort Scientific Corporation
- Penumbra, Inc.
- Cook Medical LLC,
- Johnson & Johnson Services, Inc.
- Shape Memory Medical INC.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 139 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 506.49 Million |
| Forecasted Market Value ( USD | $ 661.63 Million |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
