Rising prevelance of chronic diseases and increasing demand for minimially invasive procedures are some key factors driving global embolotherapy market revenue growth
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.
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.
Emergen Research has published a novel research report titled, “Global Embolotherapy Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Embolotherapy market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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Report Objective:
The report offers a complete analysis of the global Embolotherapy market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. 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. are some of the top companies profiled in the report.
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Emergen Research has segmented the global embolotherapy market on the basis of product, procedure, application, end-use, and region:
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Regional Outlook of Embolotherapy Market:
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
· Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Rest of LATAM
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
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Key point summary of the report:
· The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
· It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
· The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
· It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
· Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
· The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
· The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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