Global Embolization Particle Market, By Product Type (Radioembolization Spheres, Microspheres, Drug Eluting Beads (DEBs), PVA Particles and Gelfoam Particles, Others), Application (Peripheral Vascular Disease, Neurology, Oncology, Urology, Others), End User (Hospitals, Clinics, Ambulatory Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Embolization particle market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 3696.48 million by 2028 and will grow at a CAGR of 11.32% in the above mentioned forecast period.
Embolization is a minimally invasive procedure that blocks blood flow to a particular area of the body, leading to efficient contraction of an aneurysm or a tumor. This process is also used to treat various types of cancerous tumors, hemorrhages as well as management of malignant hypertension caused owing to renal failure.
The rapid increase in cancer prevalence in the region is amongst the important factors intensifying the growth and demand of embolization particle market. In addition, the increasing use of embolization technique as a treatment for conditions other than cancer such as vascular malformations and fibrosis are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the huge expansion of healthcare domain and rising focus of research institutions on modernizing technology for new and advanced diagnosis and treatment methods are also enhancing the growth of the market. Likewise, the thriving medical tourism, rising disposable income and several benefits such as minimally invasive surgeries, which are extremely effective in controlling bleeding, faster recovery time, reduce trauma and minimal risk of infection are also lifting the market growth in the above mentioned forecast period. The constant introduction of technically advanced products with enhanced efficiency and well-established reimbursement policies by private and public organizations will further accelerate the expansion of the embolization particle market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the presence of less number of interventional neuroradiologists and interventional neuroradiology labs will curb the growth of the embolization particle market, whereas the stringent regulatory rules have the potential to challenge the growth of the embolization particle market.
This embolization particle market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on embolization particle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Embolization Particle Market Scope and Market Size
Embolization particle market is segmented on the basis of product type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the embolization particle market is segmented into radioembolization spheres, microspheres, drug eluting beads (DEBs), PVA particles and gelfoam particles and others.
- On the basis of application, the embolization particle market is segmented into peripheral vascular disease, neurology, oncology, urology and others.
- The end user segment of embolization particle market is segmented into hospitals, clinics, ambulatory centers and others.
Embolization Particle Market Country Level Analysis
Embolization particle market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the embolization particle market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the embolization particle market owing to the strong economic condition, massive expansion of healthcare domain and rising focus of research institutions on modernizing technology for new and advanced diagnosis and treatment methods within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising patient population mainly cancer in emerging economies such as India in this particular region.
The country section of the embolization particle market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Embolization particle market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for embolization particle market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the embolization particle market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Embolization Particle Market Share Analysis
Embolization particle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to embolization particle market.
The major players covered in the embolization particle market report are Sirtex Medical Pty. Ltd., Guerbet, Boston Scientific Corporation, Medtronic, Merit Medical Systems, BTG International Ltd., KAVYA PHARMA, Which Medical Device, Varian Medical Systems, Inc., Terumo Medical Corporation, Cook and Interface BIOmaterials, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.