Embolotherapy Market 2019: Growth Analysis By Merit Medical Systems, Simbionix USA Corporation, Cook, Boston Scientific Corporation, Penumbra, Meril Life Sciences & Others
Global embolotherapy market is set to witness substantial CAGR of 8.25% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing application of embolization devices and rising healthcare expenditure are factors for the growth of this market.
This global embolotherapy market research report potentially offers plentiful insights and business solutions that will lend a hand to win the competition. While analysing market data, company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles. Business can be taken to the peak level of growth and success with the important market insights covered in this report. embolotherapy market research report provides a precise analysis of existing scenario of the market, which covers several market dynamics. Each of the factors covered in this embolotherapy report is again researched intensely for the enhanced and actionable market insights.
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The embolotherapy report encompasses market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. It provides the supreme base for the competitor analysis, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market and healthcare industry. This embolotherapy market report offers a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as Revenue, Cost, Gross and Gross Margin. Embolotherapy market research report provides myriad of benefits for a prosperous business.
Key Market Competitors:
Few of the major competitors currently working in the global embolotherapy market are Terumo Medical Corporation, Merit Medical Systems, Simbionix USA Corporation, Cook, Boston Scientific Corporation, Penumbra, Inc., Meril Life Sciences Pvt. Ltd., Medtronic, BTG International Ltd, ABK Biomedical Inc., Abbott., AngioDynamics., IMBIOTECHNOLOGIES LTD., Debakey Medlife Private Limited, Heraeus Holding, Guerbet, and others.
Market Drivers
Increasing patient preference for minimally invasive procedures will drive the market growth
Rising funding by government and private organizations will also accelerate the growth of this market
Technological advancement and development in embolotherapy devices will also propel the market growth
Favorable repayment policies for the minimally invasive surgeries is also contributing as a factor for the market growth
Increasing cases of heptocellular cancer and liver cancer will also accelerate the market growth
Market Restraints
Availability of therapies in the market will also restrain the growth of this market
Strict regulations for product commercialization will also hamper the market growth
Competitive Analysis:
Global embolotherapy 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 embolotherapy market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Segmentation: Global Embolotherapy Market
By Product
Embolic Agents
Microspheres
Embolic Coils
Pushable Coils
Detachable Coils
Liquid Embolic Agents
Embolic Plug Systems
Detachable Balloons
Support Devices
Microcatheters
Guidewires
By Disease Indication
Cancer
Liver Cancer
Kidney Cancer
Others
Peripheral Vascular Disease
Neurological Diseases
Cerebral Aneurysm
Arteriovenous Malformation and Fistulas
Urological & Nephrological Disorders
Gastrointestinal Disorders
By Procedure
Transcatheter Arterial Embolization (TAE)
Transcatheter Arterial Radioembolization (TARE)/Selective Internal Radiation Therapy (SIRT)
Transarterial Chemoembolization
By End-User
Hospitals and Clinics
Ambulatory Surgery Centers
Other End Users
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Rest of South America
Middle East and Africa
South Africa
Rest of Middle East and Africa
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Key Developments in the Market:
In January 2019, Guerbet announced the acquisition of Accurate Medical Therapeutics. This acquisition will help the company to grow them in interventional radiology and new microcatheters will allow the interventional radiology teams to provide better quality of care during image-guided embolization procedures
In September 2015, Medtronic plc announced that they have acquired Medina Medical. This acquisition will help the company to strengthen their haemorrhagic stroke portfolio and company can use Medina embolisation device which have advanced technology so that it can be used to treat cerebral aneurysms. This acquisition will help the company to expand them and provide better treatment for aneurysms and haemorrhagic stroke
Reasons to Purchase this Report
Current and future of global embolotherapy market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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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