Embolotherapy Market is valued at USD 3268.1 Million in 2021 and is expected to reach USD 5568.4 Million by 2028 with a CAGR of 7.91% over the forecast period.
An increasing number of target patient populations, rising preference for minimally invasive procedures, technological advancements in embolotherapy devices, and favorable reimbursement policies are major factors driving the market growth.
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Scope of Global Embolotherapy Market Report:-
Embolotherapy is a type of endovascular treatment that aims to block abnormal blood vessels in order to control bleeding, close fistulae or arteriovenous malformations, devascularise organs, reduce tumors and much more. To achieve blocking, embolotherapy performs minimally-invasive methods and several embolic agents, such as gelfoam, coils, balloons and angiographic catheters to reach exact and significant results. The embolic agents used can be either temporary or permanent and are determined according to the clinical application, and thus can differ greatly from case to case. Embolotherapies have become mainstay of interventional radiology practice. In order to achieve embolotherapy properly, IRs must be qualified, up-to-date on the modern data, aware with fundamental pathologies and well-informed on how other specialties can also contribute to patient treatment.
Global Embolotherapy Market Key Players:-
- Boston Scientific Corporation
- Merit Medical Systems
- Terumo Corporation
- Medtronic plc
- Johnson & Johnson
- Stryker Corporation
- BTG plc
- Penumbra, Inc
- Cook Medical
- Abbott Laboratories
- Acandis GmbH
- BALT Extrusion
- Sirtex Medical Limited
- Kaneka Corporation
- Meril Life Sciences Pvt. Ltd.
Global Embolotherapy Market Segmentation:-
By Product: –
- Embolic agents
- Embolic coils (Detachable Coils, Pushable Coils)
- Liquid Embolic Agents
- Embolic Plug Systems
- Detachable Balloons
- Support Devices
By Disease Indication:-
- Liver Cancer
- Kidney Cancer
- Other Cancers
- Peripheral Vascular Diseases
- Neurological Diseases
- Cerebral Aneurysm
- Cerebral Arteriovenous Malformations and Fistulas
- Gastrointestinal Disorders
- Nephrological Disorders
- Transcatheter Arterial Embolization,
- Transcatheter Arterial Radioembolization/Selective Internal Radiation Therapy
- Transarterial Chemoembolization
- Hospitals and Clinics
- Ambulatory Surgical Centers
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North America is expected to account for the largest market share of the global embolotherapy market during the forecast period. The growing geriatric population, increasing number of ambulatory surgery center (ASCs), and growing preference for minimally invasive surgeries have resulted in the increasing adoption of embolotherapy procedures in this region. According to U.S. department of health and human services, Ambulatory surgery proved to be popular among both physicians and patients and the number of Medicare-certified ASCs increased steadily, from 239 in 1983 to 5,316 in 2010.
Asia Pacific market is expected to grow at the highest CAGR during the forecast period owing to the large patient population of target diseases, and presence of key market players in the region to grab uplifting opportunities offered by these countries are the key factors supporting the market growth in this region.
On Special Requirements Embolotherapy Market Report is also available for the below Regions and Country:
- Rest of Europe
- South Korea
- Rest Of APAC
- Rest of South America
Middle East and Africa
- Saudi Arabia
- South Africa
- Rest Of MEA
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- Enhance your strategic decision making
- Assist with your research, presentations, and business plans
- Show which emerging market opportunities to focus on
- Increase your industry knowledge
- Keep you up-to-date with crucial market developments
- Allow you to develop informed growth strategies
- Build your technical insight
- Illustrate trends to exploit
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of the market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are the main factors responsible for new product launches?
- How big are the global & regional markets in terms of revenue, sales, and production?
- How far will the market grow in the forecast period in terms of revenue, sales, and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
- Which region has more opportunities?
Key Benefits for Embolotherapy Market Report–
- Global Embolotherapy Market report covers in-depth historical and forecast analysis.
- Global Embolotherapy Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country levels.
- Global Embolotherapy Market report helps to identify opportunities in the marketplace.
- Global Embolotherapy Market report covers an extensive analysis of emerging trends and competitive landscape.
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