Product Code: ETC8846605 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The demand for neuroendovascular coils is rising as the incidence of aneurysms and stroke-related conditions increases. Advances in coil technology and improved patient access to neurointerventional procedures are supporting market expansion.
The rising incidence of cerebral aneurysms and stroke cases in the Philippines is a key driver of the neuroendovascular coil market. With an aging population and lifestyle factors contributing to increased stroke risk, the demand for minimally invasive treatments such as neuroendovascular coiling is growing. Advancements in coil technology, including improved flexibility and biocompatibility, are enhancing treatment outcomes and encouraging greater adoption. Government initiatives aimed at improving stroke management and expanding neurology departments in hospitals are further boosting the market.
The neuroendovascular coil market is impacted by high costs and the need for specialized expertise. Neuroendovascular procedures require advanced training and specialized facilities, which are not available in many regions of the Philippines. Additionally, the high cost of neuroendovascular coils makes these procedures inaccessible to many patients.
With an increasing number of stroke cases and aneurysms in the Philippines, the demand for neuroendovascular coils is on the rise. Investors can benefit from advancements in coil embolization techniques, bioactive coatings, and next-generation detachable coil technologies. Collaborations with hospitals, neurology centers, and research institutions can help companies penetrate the market and expand their distribution networks.
Neuroendovascular coils, primarily used in treating brain aneurysms, fall under the strict regulation of the FDA and the Department of Health (DOH). Policies focus on ensuring the availability of these life-saving devices in both public and private healthcare institutions. The government supports medical research and partnerships with international manufacturers to make neuroendovascular treatments more accessible and affordable. National health programs emphasize early diagnosis and treatment of cerebrovascular diseases to reduce mortality rates associated with aneurysms.
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 Neuroendovascular Coil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Neuroendovascular Coil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Neuroendovascular Coil Market - Industry Life Cycle |
3.4 Philippines Neuroendovascular Coil Market - Porter's Five Forces |
3.5 Philippines Neuroendovascular Coil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Neuroendovascular Coil Market Revenues & Volume Share, By Indication, 2021 & 2031F |
3.7 Philippines Neuroendovascular Coil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Neuroendovascular Coil Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Neuroendovascular Coil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Neuroendovascular Coil Market Trends |
6 Philippines Neuroendovascular Coil Market, By Types |
6.1 Philippines Neuroendovascular Coil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Neuroendovascular Coil Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Neuroendovascular Coil Market Revenues & Volume, By Guglielmi Detachable Coils (GDCs), 2021- 2031F |
6.1.4 Philippines Neuroendovascular Coil Market Revenues & Volume, By Matrix Coils, 2021- 2031F |
6.2 Philippines Neuroendovascular Coil Market, By Indication |
6.2.1 Overview and Analysis |
6.2.2 Philippines Neuroendovascular Coil Market Revenues & Volume, By Ruptured Aneurysm, 2021- 2031F |
6.2.3 Philippines Neuroendovascular Coil Market Revenues & Volume, By Unruptured Aneurysm, 2021- 2031F |
6.3 Philippines Neuroendovascular Coil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Neuroendovascular Coil Market Revenues & Volume, By Tumor Surgery, 2021- 2031F |
6.3.3 Philippines Neuroendovascular Coil Market Revenues & Volume, By Medical Teaching, 2021- 2031F |
6.3.4 Philippines Neuroendovascular Coil Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Neuroendovascular Coil Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines Neuroendovascular Coil Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Philippines Neuroendovascular Coil Market Revenues & Volume, By Ambulatory Surgical Centers (ASCs), 2021- 2031F |
6.4.4 Philippines Neuroendovascular Coil Market Revenues & Volume, By Stroke Centers, 2021- 2031F |
6.4.5 Philippines Neuroendovascular Coil Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Neuroendovascular Coil Market Import-Export Trade Statistics |
7.1 Philippines Neuroendovascular Coil Market Export to Major Countries |
7.2 Philippines Neuroendovascular Coil Market Imports from Major Countries |
8 Philippines Neuroendovascular Coil Market Key Performance Indicators |
9 Philippines Neuroendovascular Coil Market - Opportunity Assessment |
9.1 Philippines Neuroendovascular Coil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Neuroendovascular Coil Market Opportunity Assessment, By Indication, 2021 & 2031F |
9.3 Philippines Neuroendovascular Coil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Neuroendovascular Coil Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Neuroendovascular Coil Market - Competitive Landscape |
10.1 Philippines Neuroendovascular Coil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Neuroendovascular Coil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |