Embolotherapy Market 2020:Size, Growth, Status and Forecast By Terumo Medical Corporation, Merit Medical Systems, Simbionix USA Corporation, Cook, Boston Scientific Corporation & Others
Embolotherapy market is set to witness substantial CAGR of 8.25% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing application of embolization devices and rising healthcare expenditure are factors for the growth of this market.The Embolotherapy market research report assist businesses with the intelligent decision making and better manage marketing of goods which ultimately leads to growth in the business. This market report estimates the growth rate and the market value based on market dynamics and growth inducing factors. Significant industry trends, estimations of market size and market share are analysed and discussed in this Embolotherapy report. Competitor analysis is a vital aspect of any market research report which focuses on strong and weak points of the competitors and also analyses their strategies with respect to product and market.
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Key Market Competitors:
Few of the major competitors currently working in the global embolotherapy market are Terumo Medical Corporation, Merit Medical Systems, Simbionix USA Corporation, Cook, Boston Scientific Corporation, Penumbra, Inc., Meril Life Sciences Pvt. Ltd., Medtronic, BTG International Ltd, ABK Biomedical Inc., Abbott., AngioDynamics., IMBIOTECHNOLOGIES LTD., Debakey Medlife Private Limited, Heraeus Holding, Guerbet, and others.
Major Insights of the Report
To describe and forecast the embolotherapy market, in terms of value, by process, product type, and industry.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the embolotherapy Market
The key findings and recommendations highlight crucial progressive industry trends in the embolotherapy Market, thereby allowing players to develop effective long term strategies
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the embolotherapy market
The report offers market share appraisals for regional and global levels
Key Developments in the Market:
In January 2019, Guerbet announced the acquisition of Accurate Medical Therapeutics. This acquisition will help the company to grow them in interventional radiology and new microcatheters will allow the interventional radiology teams to provide better quality of care during image-guided embolization procedures
In September 2015, Medtronic plc announced that they have acquired Medina Medical. This acquisition will help the company to strengthen their haemorrhagic stroke portfolio and company can use Medina embolisation device which have advanced technology so that it can be used to treat cerebral aneurysms. This acquisition will help the company to expand them and provide better treatment for aneurysms and haemorrhagic stroke
Market Drivers
Increasing patient preference for minimally invasive procedures will drive the market growth
Rising funding by government and private organizations will also accelerate the growth of this market
Technological advancement and development in embolotherapy devices will also propel the market growth
Favorable repayment policies for the minimally invasive surgeries is also contributing as a factor for the market growth
Increasing cases of heptocellular cancer and liver cancer will also accelerate the market growth
Market Restraints
Availability of therapies in the market will also restrain the growth of this market
Strict regulations for product commercialization will also hamper the market growth
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Segmentation: Global Embolotherapy Market
By Product
Embolic Agents
Microspheres
Embolic Coils
Pushable Coils
Detachable Coils
Liquid Embolic Agents
Embolic Plug Systems
Detachable Balloons
Support Devices
Microcatheters
Guidewires
By Disease Indication
Cancer
Liver Cancer
Kidney Cancer
Others
Peripheral Vascular Disease
Neurological Diseases
Cerebral Aneurysm
Arteriovenous Malformation and Fistulas
Urological & Nephrological Disorders
Gastrointestinal Disorders
By Procedure
Transcatheter Arterial Embolization (TAE)
Transcatheter Arterial Radioembolization (TARE)/Selective Internal Radiation Therapy (SIRT)
Transarterial Chemoembolization
By End-User
Hospitals and Clinics
Ambulatory Surgery Centers
Other End Users
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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