Embolotherapy Market Size [2021-2028] | Industry Size, Share, Growth & Forecast Analysis Report

The Global Embolotherapy Market Report offers extensive knowledge and information about the Embolotherapy market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Embolotherapy market further validated and verified by the industry experts and professionals.

The global embolotherapy market size reached USD 3.50 Billion in 2020 and is expected to register a revenue CAGR of 9.3%, during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of chronic diseases such as cancer, peripheral artery disease, and neurological disorders among others is a key factor driving global embolotherapy market revenue growth. Steady transition towards minimally invasive procedures from invasive open surgical procedures is expected to continue to drive revenue growth of the global embolotherapy market. Increasing demand for image-guided minimally invasive interventions have not only broadened the scope of vascular pathologies that can be treated, but has also resulted in reduction of post-operative morbidity compared to open surgical techniques.  Embolization is an advanced form of treatment option whereby tiny equipment is used to navigate the body’s vasculature without the need for using wound incision or open surgery. This enables reduced complication rates, increases success rate, and improves quality of life of patients.

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Rapid development of more advanced drug delivery systems such as drug-eluting beads is enabling radiologists to control drug release to tumors with reduced systemic drug exposure. This has also led to the development of new endovascular treatment procedures such as Drug-Elating Bead Transarterial Chemoembolization (DEB-TACE) procedure. The new procedure is based on the use of microspheres which release chemotherapeutic agents to targeted lesions with controlled amount of pharmacoketinics, thereby significantly improving clinical outcomes and reducing side-effects of embolotherapy treatment procedure. These and further advancements in the field are is expected to boost revenue growth of global embolotherapy market going ahead. 

The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

Some major companies operating in the global market include: Abbott Laboratories, Boston Scientific Corporation, Medtronic PLC, Terumo Medical Corporation, Penumbra Inc., Johnson & Johnson, Merit Medical Systems Inc., Cook Medical Inc., Kaneka Corporation, and Stryker Corporation.

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2021-2028 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Key Highlights From the Report

Embolic agents segment is expected to account for largest revenue share over the forecast period due to increasing use of calibrated microscopes, biodegradable microspherical embolic agents and increasing development of next generation liquid embolics for facilitating treatment of a variety of pathological disease.

Transcatheter arterial radioembolization segment revenue is expected to expand at a rapid CAGR over the forecast period owing to rising popularity of this therapeutic modality for effectively treating both primary and secondary hepatobilary disease and increasing investment to develop next generation radioembolic devices to improve clinical outcomes.

Cancer segment is expected to account for largest revenue share over the forecast period owing to rising prevalence of liver cancer and increasing number of transarterial chemoembolization procedures performed for controlling tumor growth and destroying cancer cells and providing quality care to patients suffering with liver cancer.

Ambulatory surgical segment is expected to register a significantly robust CAGR in terms of revenue over the forecast period due to increasing preference for outpatient surgical procedures, increasing patient admissions in these facilities, availability of reimbursement, and increasing number of embolotherapy surgical procedures performed at these facilities.

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Embolotherapy market expected to boost the growth of the industry in the coming years.

Emergen Research has segmented the global embolotherapy market on the basis of product, procedure, application, end-use, and region:

Product Outlook (Revenue, USD Billion; 2018–2028)

Embolic Agents

Liquid Embolic Agents

Microspheres

Embolization Coils

Detachable Coils

Pushable Coils

Detachable Balloons

Embolic Plug Systems

Support Devices

Microcatheters

Guidewires

Procedure Outlook (Revenue, USD Billion; 2018–2028)

Transcatheter Arterial Embolization

Transcatheter Arterial Radioembolization

Transcatheter Chemoembolization

Application Outlook (Revenue, USD Billion; 2018–2028)

Cancer

Peripheral Vascular Disease

Neurological Disease

Urological & Nephrological Disorders

Others

End-use Outlook (Revenue, USD Billion; 2018–2028)

Hospitals & Clinics

Ambulatory Surgical Centers

Others

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.

The report offers the present scenario and future growth prospects Market in various geographical regions.

The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.

The SWOT analysis is conducted along with Porter’s Five Force analysis.

The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

 Key Questions Answered in the Report:

What is the growth rate of the Embolotherapy market? What is the anticipated market valuation of Embolotherapy industry by 2028?

What are the key growth driving and restraining factors of the Embolotherapy market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Embolotherapy industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

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