Global Vascular Embolization Market Forecast, Trend Analysis And Competition Tracking - Market Insights: 2015 – 2031

Global Vascular Embolization Market Overview:

“The Vascular Embolization Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

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Vascular embolization is a type of treatment that is used to stop blood from flowing into a certain part of the body. This treatment is not used as often as other treatments because it has a higher risk of causing damage to the artery and blood flow.

Vascular embolization can be done for many reasons, such as: treating problems with veins in the limbs, preventing bleeding from aneurysms, or stopping blood flow in cases of arteriovenous malformations.

Vascular embolization is a treatment option for treating some cancers. It can also be used to stop blockages of the large arteries supplying blood to the brain, heart, or lungs. There are risks and side effects associated with this procedure.

Patients who undergo vascular embolization therapy should ask their doctors about potential complications that may occur or long-term side effects that may occur.

Before jumping right in, one should know what risks are associated with the procedure. The risks of vascular embolization are related to the introduction of an embolic agent into the vessel that might then obstruct blood flow.

Vascular embolization is also used to prevent the formation of blood clots in patients with a serious active or recent history of deep vein thrombosis.

This treatment consists of the injection of liquid substances (surfactant) directly into the artery supplying blood to an affected area.

This procedure is also used as a treatment for various neurological conditions such as cerebral vascular diseases.

The global Vascular Embolization market is segregated into embolization techniques, applications, end-users, and regions. On the basis of the embolization technique, the global Vascular Embolization market is sub-segmented into coiling devices and non-coiling devices.

With respect to application, the global Vascular Embolization market is distributed in peripheral vascular diseases, oncology, neurology, urology, and other applications.

On the basis of end-user, the global Vascular Embolization market is sub-segmented into hospitals, specialty clinics, ambulatory surgical centers, and diagnostic centers.

On the basis of region, the global Vascular Embolization market is sub-segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Increase In Prevalence Of Vascular Diseases

Vascular diseases are a subset of circulatory diseases. These include myocardial infarction, cerebral infarction, peripheral artery disease, and stroke.

They occur when the blood vessels that carry oxygen-rich blood break down or become blocked by a clot, fatty deposits, or other substances.

The prevalence of these types of vascular diseases is generally increasing as people live longer and as more survive heart attacks and strokes thanks to improved medical care.

Surge In Usage Of Embolic Agents

Increased awareness about the importance of embolization in treatment of vascular disorders and improvements in techniques and equipment have led to a surge in usage of embolic agents such as coils, glue, sealant materials (polyurethane foam), and microspheres.

An Increase In Demand For Non-Coiling Devices

The market is experiencing an increase in demand for non-coiling devices, whereby the individual is able to be in control of their device.

This can be achieved through the use of built-in memory capacity and voice activation commands, which allow the individual to customize their device for personal requirements.

The advantage of these features lies in the fact that they are equipped with a wide range of functions, from accessibility to entertainment.

Increase In Cases Of Automobile Accidents All Over The World

The number of automobile accidents all over the world has increased recently. This is due to the lack of proper safety measures, which includes distracted driving and alcohol consumption.

Not only are there more accidents on the roads, but they are also more fatal than before. The US alone has seen an increase in fatalities by 30% for this year.

It will become imperative to establish new policies if these numbers continue to rise.

Complication And High Cost Associated With Vascular Embolization Procedures

The key complications associated with this procedure are typically vascular injury, bleeding, infection, and neurologic injury.

These complications may lead to additional interventions, high costs, and possible morbidity. In addition to these potential complications, the high cost of embolization is often not covered by insurance.

COVID-19 Impact Analysis For Vascular Embolization Market

The illness which originated in Hubei region of the northern city of Wuhan in China was spread by infected people at the end of December, known as COVID-19, the highly contagious illness is a virus that causes severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).

Following the 2019 outbreak, the disease has spread to almost 213 countries worldwide. The World Health Organization declared it a national public health emergency on March 11, 2020.

The increase in demand for medical supplies to administer treatment to a populace has been causing medical supplies such as atomizers, life-support systems, oxygen generators, and monitors to be highly in demand among healthcare facilities.

Vital AEDs like ventilators, pulse oximeters, and defibrillators are among the widely implemented medical gadgets in treating patients.

Vascular Embolization Market Regional Analysis

The global Vascular Embolization market is sub-segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Markets in the North America are expected to account for the highest share of the global vascular embolization market in the years to come owing to the increasing prevalence of cancer and vascular-related diseases and increasing research and development activities in this region.

Vascular Embolization Market Competitive Landscape

• Medtronic Plc.
• Cook Medical
• Stryker Corporation
• Boston Scientific Corporation
• Abbott Laboratories
• Johnson and Johnson (Cerenovus)
• Merit Medical Systems Inc.
• Penumbra Inc.
• Terumo Corporation
• Shape Memory Medical Inc.
• Other Key Players

Vascular Embolization Market Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Vascular Embolization Market Segmentation

Vascular Embolization Market Segmentation by Embolization Technique

• Coiling Devices
• Non-Coiling Devices

Vascular Embolization Market Segmentation by Application

• Peripheral Vascular Diseases
• Oncology
• Neurology
• Urology
• Other Applications

Vascular Embolization Market Segmentation by End User

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Diagnostic Centers