The coil assisted flow diverters market is expected to reach US$ 465.85 million by 2028 from US$ 278.23 million in 2021; it is estimated to grow at a CAGR of 7.6% during 2021-2028.

The growth of the market is mainly attributed to the key driving factors such as rising incidence of intracranial aneurysms and growing prevalence of hypertension, obesity, smoking, and alcoholism. However, the high cost of neurosurgical devices restrains the market growth.

The development of brain aneurysms is associated with hypertension, smoking, alcoholism, and obesity. As per the World Health Organization (WHO), in 2021, around 1.13 billion people across the world have hypertension. It also mentioned that hypertension is a major cause of premature deaths across the globe. Further, as per Centers for Disease Control and Prevention (CDC), in 2018, hypertension is reported as a primary cause of approximately half a million deaths in the US. Additionally, as per the British Heart Foundation, in 2019, about 14.4 million people had high blood pressure.

As per the WHO, in 2016, over 1.9 billion people aged 18 years and above were overweight, and over 650 million adults were obese. As per CDC, in 2017-2018, the prevalence of obesity was 42.4% in the US. Similarly, as per the NHS 2019, obesity is likely to affect one in every 4 adults. Further, as per the WHO, around 6 million people die from the consumption of tobacco and 2.5 million die from the extreme alcohol consumption across the world every year. Thus, increasing prevalence of hypertension, smoking, alcoholism, and obesity requiring mobility assistance favors the growth of the coil assisted flow diverters market.

Based on application, the coil assisted flow diverters market is bifurcated into wide-neck bifurcation aneurysms and narrow neck nbifurcation aneurysms. The market, by end user, is segmented into hospitals, clinics, and ambulatory surgical centers. The hospitals segment held the largest share of the market in 2021. Also, the same segment is anticipated to register the highest CAGR in the market during the forecast period. During recent years, hospitals are providing specialization in neurological surgeries by establishing state-of-the-art facilities. For instance, St. Louis-based Barnes-Jewish Hospital in the US opened its neuro-critical care unit in August 2019. Thus, hospitals segment is likely to witness rapid growth during the forecast period.

The World Health Organization (WHO), National Health Service, Centers for Disease Control and Prevention (CDC), Societa Italiana Di Neuroscienze, World Stroke Organisation, All India Institute of Medical Sciences, and company websites are among the major primary and secondary sources referred to while preparing the report on the coil assisted flow diverters market.