Press release
Transcatheter Embolization and Occlusion Devices Market Quadruples by 2023; with a ~ 9.50 % of Whooping CAGR | St. Jude Medical, DePuy Synthes Companies, Medtronic, Cook Group, Stryker Corporation, Terumo Corporation, Cordis Corporation, Sirtex Medical an
Industry Outlook and Trend Analysis:The Transcatheter Embolization and Occlusion Devices Market was worth USD 2.34 billion in 2014 and is expected to reach approximately USD 5.29 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.50% during the forecast period.
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The market is observing significant development in the course of the most recent decade. The change in perspective from clipping to coiling has invigorated the interest for transcatheter embolization devices. Rising demand of embolization strategies in the treatment of cancer is basically boosting the TEO market development. Minimally invasive surgery is another main consideration decidedly affecting the worldwide business. Commercially accessible embolization products, for example, fluid embolic and embolization particles bolster minimally invasive surgeries. Minimally invasive surgeries lessen recuperating time and surgical injuries.
Competitive Insights:
The leading players in the market are St. Jude Medical, DePuy Synthes Companies, Medtronic, Cook Group, Stryker Corporation, Terumo Corporation, Cordis Corporation, Sirtex Medical and Boston Scientific. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Transcatheter Embolization and Occlusion Devices Market is segmented as follows-
By Product:
Coils
Detachable Coils
Pushable Coils
Non-Coils
Embolization Particles
Liquid Embolics
Flow Diverting Devices
Other Embolization and Occlusion Devices
Accessories
By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
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Regional Outlook and Trend Analysis:
North America and Europe together represented the largest share of the overall industry of around 58% in 2014. The existence of well-defined regulatory framework, propelled social insurance framework, and experienced medicinal services experts to play out the strategies are a portion of the elements encountered to fuel interest for TEO in these areas. Asia Pacific is foreseen to develop at the speediest CAGR amid the estimate time frame.
Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Transcatheter Embolization and Occlusion Devices Market, By Product
4.1.Introduction
4.2.Global Transcatheter Embolization and Occlusion Devices Sales, Revenue and Market Share by Product (2014-2017)
4.3.Transcatheter Embolization and Occlusion Devices Market Assessment and Forecast, By Product, 2014-2023
4.4.Coil
4.5.Non Coil
5.Transcatheter Embolization and Occlusion Devices Market , By Region
5.1.Introduction
5.2.Transcatheter Embolization and Occlusion Devices Market Assessment and Forecast, By Region, 2014-2023($Million)
5.3.Global Transcatheter Embolization and Occlusion Devices Sales, Revenue and Market Share by Regions
5.4.North America
5.5.Europe
5.6.Asia-Pacific
5.7.Rest of the World
To be Continued...
Key Growing Factors:
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Transcatheter Embolization and Occlusion Devices Market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Global Transcatheter Embolization and Occlusion Devices Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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