NEW YORK, Nov. 26, 2019 (GLOBE NEWSWIRE) -- The global embolotherapy market is expected to grow at a CAGR of 7.7% during the forecast period with its market size predicted to reach USD 4,984.7 million by 2024. Globally, embolotherapy industry players are undertaking considerable investment decisions and launching new products in order gain competitive advantage. Moreover, entering into partnership agreements and performing mergers & acquisitions are the key development strategies being implemented by the crucial players in global embolotherapy market.
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Hospital and clinics category held largest share in the embolotherapy market in 2018
Based on end user, the global embolotherapy market is segmented into ambulatory surgical centers (ASCs), hospitals and clinics, and others. Amongst these segments, hospitals and clinics are dominating in terms of revenue throughout the estimated period owing to extensive accessibility of reimbursements policies being implemented by hospitals and clinics and excessive adoption of these devices in small clinics, big hospitals and critical care units.
Explore key industry insights in 556 tables and 140 figures from the 371 pages of report, “Global Embolotherapy Market Analysis and Forecast to 2024 - Insights by Product (Embolic Agents [Microspheres, Embolic coils, Liquid embolic agents, Embolic plug systems, Detachable balloons], Support Devices [Microcatheters, Guidewires]), by Procedure (Transcatheter Arterial Embolization [TAE], Transarterial Radioembolization/Selective Internal Radiation Therapy [TARE/SIRT], Transarterial Chemoembolization [TACE]), by Indication (Cancer [Liver, Kidney, Others], Neurological Diseases [Cerebral aneurysm, Arteriovenous malformation and fistulas], Peripheral Vascular Diseases, Urological & Nephrological Disorders, Gastrointestinal Disorders), by End User (Hospitals & Clinics, Ambulatory Surgical Centers [ASCs], Others)”
Geography Insight
North America has accounted for the largest share in embolotherapy market, globally and is predicted to grow significantly during the forecast period, owing to the increasing emphasis in the region towards development of advanced embolic agents, extensive pervasiveness of incidents that necessitates adoption of embolization processes. Moreover, established healthcare system in this region is the key factor that is further anticipated to drive the growth of embolotherapy market in this region.
Competitive Insight
Some of the players having prominent presence in the global embolotherapy market include Merit Medical Systems, Acandis GmbH, Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Cook Medical, Terumo Corporation, Stryker Corporation, Johnson & Johnson, BALT Extrusion, Sirtex Medical Limited, Kaneka Corporation, Meril Life Sciences Pvt. Ltd., Penumbra, Inc., and BTG Plc.
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Key Takeaway from the Report:
| • | Among the entire product, embolic agents segment held the larger share in the market in 2018. | |
| • | Of all the procedure, TAE segment is anticipated to generate largest revenue throughout the estimated period. | |
| • | Among all the indication, cancer category held the largest share in the market in 2018. | |
| • | Among all the end users, the hospitals and clinics category held the largest share in the embolotherapy market in 2018. |
The Report Offers:
| • | Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024 | |
| • | Insight on current market trends, market dynamics, key opportunities and major challenges in the industry | |
| • | Market insights by in-depth segmentation with industry dynamics. | |
| • | Competitive analysis and benchmarking of the industry leaders and their product offerings | |
| • | Profiles of leading players and innovators, their financial overview and product portfolio | |
| • | Analysis of key industry trends and recent developments | |
| • | Value chain analysis and distribution channel analysis with opportunity assessment | |
| • | Market share analysis of major players |
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The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million) and Volume (Unit). The report segments the global embolotherapy market on the basis of product, procedure, indication, end user, and region.
Global Embolotherapy Market Coverage
Product Insight and Forecast 2014-2024
| • | Embolic Agents | |||
| • | Microspheres | |||
| • | Embolic Coils | |||
| • | Liquid Embolic Agents | |||
| • | Embolic Plug Systems | |||
| • | Detachable Balloons | |||
| • | Support Devices | |||
| • | Microcatheters | |||
| • | Guidewires | |||
Procedure Insight and Forecast 2014-2024
| • | Transcatheter Arterial Embolization (TAE) | |||
| • | Transarterial Chemoembolization (TACE) | |||
| • | Transarterial Radioembolization (TARE)/Selective Internal Radiation Therapy (SIRT) | |||
Indication Insight and Forecast 2014-2024
| • | Cancer | |||
| • | Liver | |||
| • | Kidney | |||
| • | Others | |||
| • | Neurological Diseases | |||
| • | Cerebral Aneurysm | |||
| • | Arteriovenous Malformation And Fistulas | |||
| • | Peripheral Vascular Diseases | |||
| • | Urological and Nephrological Disorders | |||
| • | Gastrointestinal Disorders | |||
End User Insight and Forecast 2014-2024
| • | Hospitals and Clinics | |||
| • | Ambulatory Surgical Centers (ASCs) | |||
| • | Others | |||
Geographical Segmentation
Embolotherapy Market by Region
North America
| • | By Product | |||||
| • | By Procedure | |||||
| • | By Indication | |||||
| • | By End User | |||||
| • | By Country – U.S., Canada, and Mexico | |||||
| • | U.S. Market | |||||
| • | By Product | |||||
| • | By Procedure | |||||
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| • | Canada Market | |||||
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| • | Mexico Market | |||||
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Europe
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| • | By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe | |||||
| • | Germany Market | |||||
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| • | U.K. Market | |||||
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| • | France Market | |||||
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| • | Italy Market | |||||
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| • | Spain Market | |||||
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| • | Rest of Europe Market | |||||
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Asia-Pacific (APAC)
| • | By Product | |||||
| • | By Procedure | |||||
| • | By Indication | |||||
| • | By End User | |||||
| • | By Country – China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific | |||||
| • | China Market | |||||
| • | By Product | |||||
| • | By Procedure | |||||
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| • | Japan Market | |||||
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| • | India Market | |||||
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| • | South Korea Market | |||||
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| • | Singapore Market | |||||
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| • | Rest of Asia-Pacific Market | |||||
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Rest of the World (RoW)
| • | By Product | |||||
| • | By Procedure | |||||
| • | By Indication | |||||
| • | By End User | |||||
| • | By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries | |||||
| • | Brazil Market | |||||
| • | By Product | |||||
| • | By Procedure | |||||
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| • | Saudi Arabia Market | |||||
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| • | South Africa Market | |||||
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| • | Other Countries Market | |||||
| • | By Product | |||||
| • | By Procedure | |||||
| • | By Indication | |||||
| • | By End User | |||||
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