Embolotherapy Market Growth, Survey, Analysis, Share, Company Profiles, and Forecast by 2028

Posted on 29 August, 2023 by Ravi Thakre

The Global Embolotherapy Market research report is a complete study that summarizes the most recent changes and advancements in the Embolotherapy industry, with 2018 acting as the base year and the forecast year being 2021–2028. The analysis provides useful details on the market's size, share, sales channels, distribution system, market segmentation, consumer needs, industry trends, and potential for future growth. The research also looks at both global and regional market growth. The paper examines the COVID-19 pandemic's implications for the market for Embolotherapy and its key segments.

The global embolotherapy market size reached USD 3.50 Billion in 2020 and is expected to register a revenue CAGR of 9.3% during the forecast period, according to the latest analysis by Emergen Research. The increasing prevalence of chronic diseases such as cancer, peripheral artery disease, and neurological disorders, among others, is a key factor driving global embolotherapy market revenue growth. A steady transition towards minimally invasive procedures from invasive open surgical procedures is expected to continue to drive revenue growth in the global embolotherapy market. Increasing demand for image-guided minimally invasive interventions has not only broadened the scope of vascular pathologies that can be treated but has also resulted in a reduction of post-operative morbidity compared to open surgical techniques. Embolization is an advanced form of treatment option whereby tiny equipment is used to navigate the body’s vasculature without the need for a wound incision or open surgery. This enables reduced complication rates, increases success rates, and improves the quality of life of patients.

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Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Embolotherapy market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Embolotherapy market and pinpoint the fundamental growth trends.

The leading market contenders listed in the report are:

Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Terumo Medical Corporation, Penumbra Inc., Johnson & Johnson, Merit Medical Systems Inc., Cook Medical Inc., Kaneka Corporation, and Stryker Corporation

Global Embolotherapy Market Highlights:

Regional demand estimation and forecast

Product Mix Matrix

R&D Analysis

Cost-Benefit Analysis

Pre-commodity pricing volatility

Supply chain optimization analysis

Technological updates analysis

Raw Material Sourcing Strategy

Competitive Analysis

Mergers & Acquisitions

Location Quotients Analysis

Carbon Footprint Analysis

Patent Analysis

Vendor Management

Key Parameters Analyzed in This Section:

Company Profiles

Gross Revenue

Profit margins

Product sales trends

Product pricing

Industry Analysis

Sales & distribution channels

Regional Segmentation:

North America

Latin America

Europe

Middle East & Africa

Asia Pacific

Key Points Covered in This Section:

Regional contribution

Estimated revenue generation

Vital data and information about the consumption rate in all the leading regional segments

An expected rise in market share

Forecast growth in the overall consumption rate

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Some Key Highlights from the Report

Embolic agents segment is expected to account for largest revenue share over the forecast period due to increasing use of calibrated microscopes, biodegradable microspherical embolic agents and increasing development of next generation liquid embolics for facilitating treatment of a variety of pathological disease.

Transcatheter arterial radioembolization segment revenue is expected to expand at a rapid CAGR over the forecast period owing to rising popularity of this therapeutic modality for effectively treating both primary and secondary hepatobilary disease and increasing investment to develop next generation radioembolic devices to improve clinical outcomes.

Cancer segment is expected to account for largest revenue share over the forecast period owing to rising prevalence of liver cancer and increasing number of transarterial chemoembolization procedures performed for controlling tumor growth and destroying cancer cells and providing quality care to patients suffering with liver cancer.

Ambulatory surgical segment is expected to register a significantly robust CAGR in terms of revenue over the forecast period due to increasing preference for outpatient surgical procedures, increasing patient admissions in these facilities, availability of reimbursement, and increasing number of embolotherapy surgical procedures performed at these facilities.

North America is expected to account largest revenue share over the forecast period due to rising number of clinical trials for assessing safety and efficacy of embolization in a wide range of applications and increasing use of Drug-Elating Bead Transarterial Chemoembolization (DEB-TACE)

Market Overview:

The report bifurcates the Embolotherapy market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

Product Outlook (Revenue, USD Billion; 2018–2028)

Embolic Agents

Liquid Embolic Agents

Microspheres

Embolization Coils

Detachable Coils

Pushable Coils

Detachable Balloons

Embolic Plug Systems

Support Devices

Microcatheters

Guidewires

Procedure Outlook (Revenue, USD Billion; 2018–2028)

Transcatheter Arterial Embolization

Transcatheter Arterial Radioembolization

Transcatheter Chemoembolization

Application Outlook (Revenue, USD Billion; 2018–2028)

Cancer

Peripheral Vascular Disease

Neurological Disease

Urological & Nephrological Disorders

Others

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Key reasons to buy the Global Embolotherapy Market report:

The latest report comprehensively studies the global Embolotherapy market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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