The Growing Importance of Embolization Therapy: A Market Analysis 2022 - 2030 | Cook Medical, EmboMedics, Stryker Corporation, Terumo Corporation

Global Embolization Therapy Market was valued at US$ 3.4 Bn in 2021, growing at an estimated CAGR of 8.0% over the forecast period. Embolization therapy is a minimally invasive procedure used to treat various medical conditions such as liver cancer, uterine fibroids, and vascular malformations. The procedure involves the injection of tiny particles or other substances to block the blood vessels that supply blood to the affected area. Embolization therapy is a safe and effective alternative to traditional surgical procedures and offers several benefits such as shorter hospital stays, reduced recovery times, and fewer complications.

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The growing prevalence of liver cancer, uterine fibroids, and other medical conditions that can be treated with embolization therapy is a key driver for the growth of the market. According to the American Cancer Society, liver cancer is the fifth most common cancer in the world and the third leading cause of cancer-related deaths. Similarly, uterine fibroids affect approximately 20-80% of women in their lifetime, leading to pain and heavy menstrual bleeding. The rising incidence of these conditions is expected to drive the demand for embolization therapy. Moreover, the increasing adoption of minimally invasive procedures is also expected to boost the growth of the embolization therapy market. Minimally invasive procedures offer several advantages over traditional surgical procedures, such as smaller incisions, reduced blood loss, and faster recovery times.

The high cost of embolization therapy and the lack of reimbursement policies in developing countries are the major factors restraining the growth of the market. The cost of the procedure varies depending on the type of embolic agent used, the complexity of the procedure, and the hospital or clinic where the procedure is performed. This high cost can make the procedure inaccessible to patients in developing countries, where healthcare expenses are often paid out-of-pocket. Moreover, the lack of awareness about embolization therapy among patients and healthcare providers is also a major challenge for the growth of the market. Many patients and healthcare providers are not familiar with this procedure, and as a result, it is often underutilized. There is a need for more awareness and education campaigns to increase the adoption of embolization therapy and improve patient outcomes.

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List of Major Players in Embolization Therapy Market Report are:

ABK Biomedical Inc., Boston Scientific Corporation, BTG International Limited, Cook Medical, EmboMedics, IMBIOTECHNOLOGIES LTD., Johnson & Johnson Services Inc., Merit Medical Systems Inc., Radiology Imaging Associates, Sirtex Medical Pty Ltd, Stryker Corporation, Terumo Corporation, Other Market Participants

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Our 420+ Pages Report titled, Embolization Therapy Market will include extensive information on the following pointers:

Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Embolization Therapy Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.

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Global Embolization Therapy Market Segmentation:

By Therapy Procedure
Radioembolization
Blandembolization
Chemoembolization

By Embolization Agents
Organic
Coils
Plugs and Balloons
Beads and Particles
Suture Materials
Others

By Application
Hepatocellular Carcinoma
Neuroendocrine Tumor
Liver Cancer
Kidney Cancer
Breast Cancer metastases
Uterine Fibroids
Others

By End Use
Hospitals and Clinics
Specialty Clinics
Research Institutions
Others

By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

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