Press release
Vascular Embolization Market Updates : Asia-Pacific is Projected to Grow at the Highest CAGR During 2021-2031
According to the report published by Allied Market Research, 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. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.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.
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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.
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.
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This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vascular embolization market analysis from 2021 to 2031 to identify the prevailing vascular embolization market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the vascular embolization market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global vascular embolization market trends, key players, market segments, application areas, and market growth strategies.
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β’ On the basis of product, the embolic agents segment was highest contributor to the vascular embolization industry in 2021.
β’ On the basis of application, the neurology segment dominated the vascular embolization market share in 2021, and is expected to continue this trend during the forecast period.
β’ On the basis of end user, the hospitals & clinics segment dominated the vascular embolization industry in 2021, and is expected to grow at a higher CAGR.
β’ On the basis of region, North America generated the largest revenue share in 2021, however, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
The key market players analyzed in the global vascular embolization market report include
Boston Scientific Corporation
Terumo Corporation
DePuy Synthes (J&J Medical Devices)
Stryker Corporation
Balt
Merit Medical Systems
Abbott Laboratories
Cook Medical
Medtronic PLC
Kaneka Corporation
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Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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