Press release
15 Vascular Embolizatio Market Benefits Everyone Should Know
Vascular embolization is a minimally invasive medical procedure used to block or reduce blood flow to a specific area in the body. It is performed by interventional radiologists using imaging guidance, such as X-ray, CT scan, or ultrasound. During the procedure, a catheter is inserted into a blood vessel and guided to the target area. Tiny particles, such as coils or gel foam, are then released into the blood vessel to obstruct or reduce blood flow.Vascular embolization is commonly used to treat conditions such as bleeding, cancer, aneurysms, and arteriovenous malformations (AVMs). The procedure can also be used to control pain, swelling, and bleeding caused by tumors or other conditions. The benefits of vascular embolization include the ability to perform the procedure in a minimally invasive manner, the quick recovery time, and the relatively low risk of complications.
The global Vascular Embolization Market was estimated at $3.7 billion in 2021 and is expected to hit $7.8 billion by 2031, registering a CAGR of 7.7% from 2022 to 2031.
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• CAGR: 7.7%
• Current Market Size: USD 3.7 billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2031
• Base Year: 2021
Covid-19 scenario-
• As all non-emergency surgeries were postponed to increase hospital capacity for the Covid-19 patients, the global vascular embolization market was impacted negatively during the pandemic.
• However, as the global situation started restoring, the market also got back on track.
The global vascular embolization market is analyzed across segments such as product, application, end-user, and region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
Based on product, the embolic agents segment contributed to more than three-fifths of the global vascular embolization market revenue in 2021, and is expected to lead the trail by the end of 2031. The same segment would also exhibit the fastest CAGR of 7.9% throughout the forecast period. The embolization devices segment is also analyzed through the report.
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Based on application, the neurology segment contributed to nearly half of the global market revenue in 2021, and is expected to dominate by 2031. At the same time, the oncology segment would showcase the fastest CAGR of 8.3% throughout the forecast period.
The other segments assessed through the study include peripheral vascular diseases and urology & nephrology.
By end-user, the hospitals and clinics segment garnered the highest share in 2021, generating nearly two-thirds of the global market. The same segment would also project the fastest CAGR of 8.1% from 2022 to 2031. The ambulatory surgical centers segment is also studied through the report.
Based on region, the market across North America generated nearly two-fifths of the total market revenue in 2021, and is anticipated to retain the lion's share by 2031. The Asia-Pacific region, at the same time, would manifest the fastest CAGR of 9.2% during the forecast period. The other regions
studied in the report include Europe and LAMEA.
The key market players analyzed in the global vascular embolization market report include Balt Group,
Boston Scientific Corporation,
Cook Medical,
Johnson and Johnson,
Terumo Medical Corporation,
Kaneka Corporation,
Medtronic Plc,
Abbott Laboratories,
Merit Medical,
Stryker Corporation.
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Top Key Player:-
Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
Volcano Corporation
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