Product Code: ETC8841422 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Closely related to the aneurysm market, the flow diverters market is expanding with the growing number of minimally invasive neurological procedures. With a rise in neurological disorders and technological advancements in vascular devices, the Philippines is witnessing steady growth in this niche yet critical segment.
Flow diverters are gaining attention not only for aneurysm treatment but also for broader neurointerventional procedures. In the Philippines, demand is driven by increased healthcare spending, better diagnostic capabilities, and rising incidences of stroke and cerebrovascular diseases. Growing collaborations with international medical device firms are also making these advanced devices more accessible.
The flow diverters market in the Philippines faces several obstacles, including the high cost of these specialized devices, which can limit their widespread use in the healthcare system. Furthermore, there is a lack of local production capabilities for these advanced devices, which increases dependency on international suppliers and contributes to higher prices. Additionally, the complexity of these devices requires highly trained medical professionals, and the shortage of such expertise in the country adds to the challenge.
The Flow Diverters Market in the Philippines is linked to the growth of neurovascular procedures, particularly those involving the treatment of aneurysms and other cerebrovascular conditions. Flow diverters are highly specialized medical devices used to treat complex vascular conditions, and their adoption in the Philippines is increasing with advancements in medical technology. The market is set for growth as the healthcare system continues to improve and the demand for minimally invasive procedures rises. Investment in innovative flow diverter technologies and expanding healthcare infrastructure in the Philippines present promising opportunities for growth.
Flow diverters, used in minimally invasive neurovascular procedures, are governed by similar policies as other high-end medical devices. The government ensures the safety and efficacy of such devices through stringent FDA requirements. Public hospital upgrades and the growing use of digital imaging technologies in government-funded institutions also support market growth through direct procurement or public-private partnerships.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Flow Diverters Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Flow Diverters Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Flow Diverters Market - Industry Life Cycle |
3.4 Philippines Flow Diverters Market - Porter's Five Forces |
3.5 Philippines Flow Diverters Market Revenues & Volume Share, By Diameter Size, 2021 & 2031F |
4 Philippines Flow Diverters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Flow Diverters Market Trends |
6 Philippines Flow Diverters Market, By Types |
6.1 Philippines Flow Diverters Market, By Diameter Size |
6.1.1 Overview and Analysis |
6.1.2 Philippines Flow Diverters Market Revenues & Volume, By Diameter Size, 2021- 2031F |
6.1.3 Philippines Flow Diverters Market Revenues & Volume, By 2-3 mm, 2021- 2031F |
6.1.4 Philippines Flow Diverters Market Revenues & Volume, By 3-4 mm, 2021- 2031F |
6.1.5 Philippines Flow Diverters Market Revenues & Volume, By 4-5 mm, 2021- 2031F |
6.1.6 Philippines Flow Diverters Market Revenues & Volume, By >5 mm, 2021- 2031F |
7 Philippines Flow Diverters Market Import-Export Trade Statistics |
7.1 Philippines Flow Diverters Market Export to Major Countries |
7.2 Philippines Flow Diverters Market Imports from Major Countries |
8 Philippines Flow Diverters Market Key Performance Indicators |
9 Philippines Flow Diverters Market - Opportunity Assessment |
9.1 Philippines Flow Diverters Market Opportunity Assessment, By Diameter Size, 2021 & 2031F |
10 Philippines Flow Diverters Market - Competitive Landscape |
10.1 Philippines Flow Diverters Market Revenue Share, By Companies, 2024 |
10.2 Philippines Flow Diverters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |