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Global Transcatheter Embolization and Occlusion Market Trends And Forecast 2020 To 2026|BTG International Ltd., Boston Scientific Corporation, Medtronic, Penumbra, Inc, Cook, Edwards Lifesciences Corporation
Global transcatheter embolization and occlusion market is set to witness a substantial CAGR of 9.5% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing cases of cancer and rising healthcare technology are the factors contribution towards the growth of this market.
The transcatheter embolization and occlusion market analysis report includes data on patterns and improvements, target business sectors and materials, limits and advancements. Transcatheter embolization and occlusion market survey offers key information about the industry, helpful and important facts and figures, expert opinions, and the latest developments across the world. Because businesses can achieve extreme benefits with the different segments covered in the market research report, every bit of the market is touched. The report on the Global transcatheter embolization and occlusion market is a valuable document for every market enthusiast, policymaker, investor, and market player. Market share analysis and key trend analysis are the two other major success factors of this market analysis report.
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Few of the major competitors currently working in the global transcatheter embolization and occlusion market are BTG International Ltd., Boston Scientific Corporation, Medtronic, Penumbra, Inc, Cook, Edwards Lifesciences Corporation, Merit Medical Systems, Johnson & Johnson Services, Inc, Pfizer Inc., Stryker, Terumo Corporation, Sirtex Medical, Abbott among others.
Competitive Analysis:
Global transcatheter embolization and occlusion market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transcatheter embolization and occlusion market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers
Increasing prevalence for chronic disease acts as a market driver
Technological advancement and development in transcatheter embolization and occlusion device will propel the market growth
Rising healthcare expenditure also accelerates the growth of this market
Growth in the medical tourism industry will also contribute as a driver for this market growth
Market Restraints
High price of the transcatheter embolization and occlusion device will impede the market growth
Lack of skilled and trained professional will also hinders the growth of this market
Strict government regulation related to approval procedure is also restraining the growth of the market
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Segmentation: Global Transcatheter Embolization and Occlusion Market
By Device Type
Coil
Pushable Coils
Detachable Coils
Non Coil
Embolization Particles
Flow Diverting Devices
Liquid Embolics
Others
By Application
Peripheral Vascular Disease
Arterial Blockage
Venous Blood clot
Others
Oncology
Liver Cancer
Pancreatic Cancer
Breast Cancer
Kidney Cancer
Others
Neurology
Brain Aneurysm
Cerebral Arteriovenous Malformations
Others
Urology
Benign Prostatic Hyperplasia/Urinary Retention
Others
Others
By Product
Liquid Embolics
Embolization Particles
Flow Diverter Devices
Embolization Coils
Accessories
By End-User
Clinics
Hospitals
Ambulatory Surgical Centers
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In February 2015, Penumbra announced the launch of their newest vascular embolization device, POD (peripheral occlusion device). It has the technology which allows them to be placed accurately at the target location. This new device ability to deliver through high-flow microcatheter and distal vessel
In February 2015, Medtronic announced that they have received U.S. Food and Drug Administration (FDA) approval for their new Pipeline(TM) Flex embolization device which is specially designed for the brain aneurysm treatment. This new device is a combination of raid design with a new delivery system so that they can improve accuracy and control when procedure is performed inside the brain. This device will cut off the blood vessel to the aneurysm and will recreate the diseases section of the vessel
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Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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