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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Transcatheter Embolization and Occlusion Devices Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Transcatheter Embolization and Occlusion Devices market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
According to the report, the global transcatheter embolization and occlusion devices market was valued at US$ 2,957.4 Mn in 2018 and is projected to expand at a CAGR of 7.8% from 2019 to 2027. In terms of volume, the transcatheter embolization and occlusion devices were accounted at 72,93,954 units in 2018.
Transcatheter embolization is a process of placing synthetic material or medication called embolic agent into blood vessels through a catheter to block blood flow toward a specific area of the body.
Embolization is a highly effective way to prevent abnormal bleeding and is minimally invasive as compared to open surgery. Additionally, the technology is proving its efficiency in treatment while performing complex surgeries.
Surge in incidence of cardiovascular diseases, respiratory disorders, and cancer are anticipated to drive demand for transcatheter embolization and occlusion devices during the forecast period.
North America dominated the global transcatheter embolization and occlusion devices market in 2018 and the trend is anticipated to continue during the forecast period. Highly structured health care industry, increased adoption of minimally invasive surgeries, and introduction of the Affordable Care Act in the U.S. are expected to drive the market in North America.
Asia Pacific is likely to be a highly lucrative market for transcatheter embolization and occlusion devices and it is expected to expand at a high CAGR during the forecast period
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Transcatheter Embolization and Occlusion Devices market are included as given below:
BTG plc
Boston Scientific Corporation
Medtronic plc
Penumbra, Inc.
Cook Medical
Edwards Lifesciences Corporation
Merit Medical Systems
Johnson & Johnson Services, Inc.
Pfizer, Inc.
Stryker Corporation
Terumo Corporation
Sirtex Medical Limited
Abbott Laboratories.
The global Transcatheter Embolization and Occlusion Devices market has been segmented as below:
Global Transcatheter Embolization and Occlusion Devices Market, by Product
Embolization Coils
Coiling Assist Devices
Embolization Particles
Flow Diverter Devices
Liquid Embolics
Accessories
Global Transcatheter Embolization and Occlusion Devices Market, by Application
Peripheral Vascular Disease
Neurology
Oncology
Urology
Others
Global Transcatheter Embolization and Occlusion Devices Market, by End-user
Hospitals
Ambulatory Surgical Centers
Clinics
Global Transcatheter Embolization and Occlusion Devices Market, by Region
North America
o U.S.
o Canada
Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o Rest of Asia Pacific
Latin America
o Brazil
o Mexico
o Rest of Latin America
Middle East & Africa
o GCC Countries
o South Africa
o Rest of Middle East & Africa
Reasons to Purchase this Report:
Estimates Transcatheter Embolization and Occlusion Devices development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects