Transcatheter Embolization and Occlusion Devices Market to reach USD 12.14 Bn by 2029, emerging at a CAGR of 9.8% percent and forecast 2023-2029
The medical devices used in minimally invasive procedures to restrict or reduce blood flow to specific parts of the body are referred to as Transcatheter Embolisation and Occlusion devices. Embolic coils, liquid embolic agents, particle embolisation agents, occlusion plugs, and balloon occlusion catheters are among the devices used to treat disorders such as tumours, aneurysms, arteriovenous malformations (AVMs), and uterine fibroids. Rising demand for these therapies, the benefits they provide over traditional operations, and rising healthcare expenditure have all contributed to market expansion.
Transcatheter Embolization and Occlusion Devices Market Overview:
The Transcatheter Embolization and Occlusion Devices Market Research Report offers a comprehensive assessment of the current state of the industry, encompassing definitions, classifications, applications, and the intricate structure of the industrial chain within the specific sector. This study provides insights into the present market conditions, historical performance, production and consumption rates, demand-supply dynamics, and revenue projections for the foreseeable future, all supported by unbiased expert analysis. Notable within the report are the strategic objectives and growth strategies adopted by prominent stakeholders in this field. The study covers a range of activities, including mergers and acquisitions, business transactions, partnerships, collaborations, joint ventures, brand marketing, and product introductions. Ultimately, this investigation offers a comprehensive perspective of the sector on both a national and regional scale.
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COVID-19 Impact on Transcatheter Embolization and Occlusion Devices Market:
The Transcatheter Embolization and Occlusion Devices Industry faced significant challenges due to the COVID-19 pandemic, leading to far-reaching consequences. Disruptions and workforce shortages caused production facility closures, resulting in a notable and prolonged decline in production utilization. Travel restrictions and facility shutdowns prevented on-site work, further slowing down the market in 2020. Despite these adverse effects, the negative impacts of COVID-19 on this market are expected to be temporary, with a rapid recovery projected by early 2021, driven by increased demand for Transcatheter Embolization and Occlusion Devices Market.
Transcatheter Embolization and Occlusion Devices Market Drivers:
Global increases in healthcare spending promote improved access to innovative medical technologies such as transcatheter embolisation and occlusion devices. The ageing population, with its increased sensitivity to certain illnesses, drives market expansion even further. Beneficial reimbursement systems and insurance coverage encourage healthcare professionals to use these technologies and procedures. While these drivers collectively contribute to market growth, it is vital to consider geographical variations as well as market dynamics such as legislation and competition.
Transcatheter Embolization and Occlusion Devices Market Segmentation:
by Product Type
Embolization Coils
Embolization Particles
Liquid Embolics
Flow Diverter Devices
Accessories
by Application
Peripheral Vascular Disease
Oncology
Neurology
Urology
Others
by End-Use Industry
Hospitals
Ambulatory Surgical Centers
End users Professional
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Key Players:
This research report provides in-depth quantitative insights on market potential across numerous categories, as well as country-specific assessments for each covered area. The report examines the key market factors and is supplemented by detailed profiles of...
1. Medtronic plc
2. Terumo Corporation
3. Boston Scientific Corporation
4. Cook Medical Inc.
5. Stryker Corporation
6. Johnson & Johnson
7. Merit Medical Systems, Inc.
8. Penumbra, Inc.
9. BTG International Ltd.
10. MicroPort Scientific Corporation
11. AngioDynamics, Inc.
12. W. L. Gore & Associates, Inc.
13. Balt Extrusion
14. Endologix, Inc.
15. Shape Memory Medical Inc.
16. Acandis GmbH
17. Kaneka Corporation
18. Penumbra, Inc.
19. Cook Medical LLC
20. Cardinal Health, Inc.
21. Biomerics, LLC
22. Jotec GmbH
23. CryoLife, Inc.
24. Accuray Incorporated
25. Phenox GmbH
26. Novatech SA
27. Lombard Medical Technologies
28. Vasorum Ltd.
29. Contego Medical, LLC
30. SpinalSim Pty Ltd.
Regional Analysis:
The regional analysis section also covers crucial market influencers and shifts in market regulations that impact both current and future trends. Primary variables, including new and replacement sales, national demographics, regulatory policies, and import-export tariffs, are utilized to assess the market scenario across different regions. When presenting forecast analyses for individual countries, the report takes into account the presence and prominence of brands, as well as the challenges they face due to competition dynamics from local and domestic brands. Additionally, the impact of sales channels is considered.
Table Of Content:
1. Transcatheter Embolization and Occlusion Devices Market: Research Methodology
2. Transcatheter Embolization and Occlusion Devices Market: Executive Summary
3. Transcatheter Embolization and Occlusion Devices Market: Competitive Landscape
3.1. MMR Competition Matrix
3.2. Competitive Landscape
3.3. Key Players Benchmarking
3.4. Market Structure
3.4.1. Market Leaders
3.4.2. Market Followers
3.4.3. Emerging Players
3.5. Consolidation of the Market
4. Transcatheter Embolization and Occlusion Devices Market: Dynamics
4.1. Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Market Drivers by Region
4.2.1. North America
4.2.2. Europe
4.2.3. Asia Pacific
4.2.4. Middle East and Africa
4.2.5. South America
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.7. PESTLE Analysis
4.8. Value Chain Analysis
4.9. Regulatory Landscape by Region
4.9.1. North America
4.9.2. Europe
4.9.3. Asia Pacific
4.9.4. Middle East and Africa
4.9.5. South America
Key Questions Answered in the Transcatheter Embolization and Occlusion Devices Market Report are:
- Which segment emerged as the leading segment in the Transcatheter Embolization and Occlusion Devices Market?
- Which are the key players in the Transcatheter Embolization and Occlusion Devices Market?
- What trends are likely to emerge in the Transcatheter Embolization and Occlusion Devices Market in the coming years?
- What will be the Transcatheter Embolization and Occlusion Devices market size by 2027?
- Which company held the largest share in the Transcatheter Embolization and Occlusion Devices Market in 2020?
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