A research study titled, “Transcatheter Embolization and Occlusion Devices Market by Product and Application - Global Industry Analysis and Forecast to 2023” published by Crystal Market Research.
Industry Outlook and Trend Analysis:
The Transcatheter Embolization and Occlusion Devices Market was worth USD 2.34 billion in 2014 and is expected to reach approximately USD 5.29 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.50% during the forecast period.
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The market is observing significant development in the course of the most recent decade. The change in perspective from clipping to coiling has invigorated the interest for transcatheter embolization devices. Rising demand of embolization strategies in the treatment of cancer is basically boosting the TEO market development. Minimally invasive surgery is another main consideration decidedly affecting the worldwide business.
Commercially accessible embolization products, for example, fluid embolic and embolization particles bolster minimally invasive surgeries. Minimally invasive surgeries lessen recuperating time and surgical injuries.
Product Outlook and Trend Analysis:
Coils and non-coils are the two kinds of embolization gadgets financially accessible. Coiling being one of the oldest methods is generally embraced by healthcare professionals comprehensively. In addition, accessibility of a wide scope of coils in different shapes and sizes additionally makes the system more positive for various cases.
Pushable coils represented the biggest share of around 56% of every 2014 inferable from high awareness with respect to the product. Nonetheless, disadvantages related with pushable coils , for example, the likelihood of being trapped in sharp curves of the veins, trouble in repositioning once sent, and plausibility of getting stuck in catheters are seen to hinder its selection.
Regional Outlook and Trend Analysis:
North America and Europe together represented the largest share of the overall industry of around 58% in 2014. The existence of well-defined regulatory framework, propelled social insurance framework, and experienced medicinal services experts to play out the strategies are a portion of the elements encountered to fuel interest for TEO in these areas. Asia Pacific is foreseen to develop at the speediest CAGR amid the estimate time frame.
The Transcatheter Embolization and Occlusion Devices Market is segmented as follows-
By Product:
Coils:
Detachable Coils
Pushable Coils
Non-Coils:
Embolization Particles
Liquid Embolics
Flow Diverting Devices
Other Embolization and Occlusion Devices
Accessories
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Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Transcatheter Embolization and Occlusion Devices Market, By Product
4.1.Introduction
4.2.Global Transcatheter Embolization and Occlusion Devices Sales, Revenue and Market Share by Product (2014-2017)
4.2.1.Global Transcatheter Embolization and Occlusion Devices Sales and Sales Share by Product (2014-2017)
4.2.2.Global Transcatheter Embolization and Occlusion Devices Revenue and Revenue Share by Product (2014-2017)
4.3.Transcatheter Embolization and Occlusion Devices MarketAssessment and Forecast, By Product, 2014-2023
4.4.Coil
4.4.1.Market Assessment and Forecast, By Type, 2014-2023($Million)
4.4.2.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.4.3.Pushable Coils
4.4.3.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.4.4.Detachable Coils
4.4.4.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.Non Coil
4.5.1.Market Assessment and Forecast, By Type, 2014-2023($Million)
4.5.2.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.3.Flow Diverting Devices
4.5.3.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.4.Embolization Particles
4.5.4.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.5.Liquid Embolics
4.5.5.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.6.Other Embolization and Occlusion Devices
4.5.6.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.7.Accessories
4.5.7.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
To be Continued...
Competitive Insights:
The leading players in the market are St. Jude Medical, DePuy Synthes Companies, Medtronic, Cook Group, Stryker Corporation, Terumo Corporation, Cordis Corporation, Sirtex Medical and Boston Scientific. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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