Global Transcatheter Embolization and Occlusion Market Is Set For Global Lead With Immense Development Trends By 2026

Global transcatheter embolization and occlusion market is set to witness a substantial CAGR of 9.5% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing cases of cancer and rising healthcare technology are the factors contribution towards the growth of this market.

Global transcatheter embolization and occlusion market Research Report Formulates with historic data up to 2019 and gives a forecast for 2019-2026. The report gives a comprehensive outlook of the market including the current market status, historic, and expected way forward for the Global transcatheter embolization and occlusion market . The report inspects market size, key trends, technologies, challenges, product scope, industry revenue, and growth opportunities. The report delivers data on the drivers and restraints positively and adversely impacting the market's growth. It covers sales volumes, figures together with growth estimation in returning years.

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Few of the major competitors currently working in the global transcatheter embolization and occlusion market are BTG International Ltd., Boston Scientific Corporation, Medtronic, Penumbra, Inc, Cook, Edwards Lifesciences Corporation, Merit Medical Systems, Johnson & Johnson Services, Inc, Pfizer Inc., Stryker, Terumo Corporation, Sirtex Medical, Abbott among others.

Competitive Analysis:

Global transcatheter embolization and occlusion market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transcatheter embolization and occlusion market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition:

Embolization is the natural or artificial formation and development of embolus in the bloodstream and occlusion is the closure of any blood vessel or organs. The embolization technique is usually used for the treatment of cancer, malformations and fibrosis. Transcatheter embolization is a process which usually uses synthetic material into a blood vessel so that they can stop the flow of blood into a specific area of the body. They are very useful as they can stop unrequired bleeding. Rising cases of chronic diseases among population is the major factor fueling the market growth.

Reasons to Purchase this Report

Current and future of global transcatheter embolization and occlusion market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Market Drivers

Increasing prevalence for chronic disease acts as a market driver

Technological advancement and development in transcatheter embolization and occlusion device will propel the market growth

Rising healthcare expenditure also accelerates the growth of this market

Growth in the medical tourism industry will also contribute as a driver for this market growth

Market Restraints

High price of the transcatheter embolization and occlusion device will impede the market growth

Lack of skilled and trained professional will also hinders the growth of this market

Strict government regulation related to approval procedure is also restraining the growth of the market

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Segmentation: Global Transcatheter Embolization and Occlusion Market

By Device Type

Coil

Pushable Coils

Detachable Coils

Non Coil

Embolization Particles

Flow Diverting Devices

Liquid Embolics

Others

By Application

Peripheral Vascular Disease

Arterial Blockage

Venous Blood clot

Others

Oncology

Liver Cancer

Pancreatic Cancer

Breast Cancer

Kidney Cancer

Others

Neurology

Brain Aneurysm

Cerebral Arteriovenous Malformations

Others

Urology

Benign Prostatic Hyperplasia/Urinary Retention

Others

Others

By Product

Liquid Embolics

Embolization Particles

Flow Diverter Devices

Embolization Coils

Accessories

By End-User

Clinics

Hospitals

Ambulatory Surgical Centers

By Geography

North America

South America

Europe

Asia-Pacific

Middle East & Africa

Key Developments in the Market:

In February 2015, Penumbra announced the launch of their newest vascular embolization device, POD (peripheral occlusion device). It has the technology which allows them to be placed accurately at the target location. This new device ability to deliver through high-flow microcatheter and distal vessel

In February 2015, Medtronic announced that they have received U.S. Food and Drug Administration (FDA) approval for their new Pipeline(TM) Flex embolization device which is specially designed for the brain aneurysm treatment. This new device is a combination of raid design with a new delivery system so that they can improve accuracy and control when procedure is performed inside the brain. This device will cut off the blood vessel to the aneurysm and will recreate the diseases section of the vessel

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Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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