Flow Diverters Market Analysis includes Size, Demand, Applications, Key Insights 2020 to 2027

The global flow diverters market expected to reach US$ 566.7 million by 2027 according to a new study by Polaris Market Research. The report “Flow Diverters Market Share, Size, Trends, Industry Analysis Report, By Device Type; By Diameter Size (2-3 mm, 3-4 mm, 4-5 mm, >5 mm Flow Diverters); By Material (Cobalt-Chromium, Nickel-Cobalt Chromium, Nickel-Titanium, Stainless Steel); By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market is expected to witness growth on account of advancements in neurology market, increasing investment in research & development into treating intra-cranial injuries, the aging population across several countries, particularly, in the European market, due to decline in birth rates, rising prevalence of brain injuries in road traffic accidents, and recreational sports.

The global flow diverters industry is fragmented based on device type, diameter size, material, and region. In terms of device type, the market is segmented into PED, p64, Silk flow, Surpass flow and FRED flow diverters. The diameter size segment is further divided into 2-3 mm, 3-4 mm, 4-5 mm, and >5 mm flow diverters. In terms of material, the market is segmented into cobalt-chromium, nickel-cobalt chromium, nickel-titanium, and stainless steel.

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Segment Highlights

• The PED segment accounted for significant share in terms of revenue owing to its high efficiency and product availability. The SILK flow market is expected to expand at highest CAGR during the forecast period.
• Based on diameter size, the >5 mm segment is projected to constitute almost half of the market in 2027. This can be attributed to the use of 5mm to treat severe intracranial aneurysms and in several implants
• Based on material, the nickel cobalt nickel chromium market segment is projected to account for a significant revenue share owing to its flexibility and less reactivity with body tissues while used as an implant

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