Vascular Embolization Devices Market Report 2024 (Global Edition)

Global Vascular Embolization Devices Market Report 2024 Market Size Split by Product (Coils, Detachable Balloons, Embolic Plug, Support Devices), by Application (Oncology, Peripheral Vascular Diseases...

Vascular Embolization Devices Market Report Description

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Vascular Embolization Devices Market Insights Video

Competitive Landscape of the Vascular Embolization Devices Market

A diverse range of key players, inclusive of main scientific tool manufacturers and specialized companies characterizes the aggressive panorama of the vascular embolization devices market. Leading companies make investments closely in research and improvement to innovate and beautify tool performance, that specialize in advancements in precision and biocompatibility. Competitive strategies encompass strategic partnerships, acquisitions, and mergers to amplify market presence and product services. Additionally, companies are addressing local market desires and regulatory requirements to strengthen their marketplace positions and power growth.

July 2021: The AZUR Vascular Plug, developed by Terumo Medical Corporation (TMC), is the first and only plug that may obstruct arteries up to 8 mm in diameter using a microcatheter. The newest product in Terumo's extensive embolization line is recommended for use in arteries that supply blood to the peripheral vasculature in order to decrease or obstruct blood flow. Source: https://www.terumo.com/newsrelease/detail/20210714/623 April 2021: The Pipeline Flex Embolization Device with Shield Technology from Medtronic PLC was approved by the US Food and Drug Administration (FDA). It was primarily intended to treat brain aneurysms. Shield Technology improves the flow diverter device by reducing the material's thrombogenicity. Source: https://news.medtronic.com/2021-04-21-Medtronic-Receives-U-S-FDA-Approval-for-Pipeline-TM-Flex-Embolization-Device-with-Shield-Technology-TM

Top Companies Market Share in Vascular Embolization Devices Industry: (In no particular order of Rank)

• Abbott Laboratories
• Terumo Corp.
• Boston Scientific Corp.
• Johnson & Johnson Services Inc.
• Medtronic Plc
• Cook Group
• Shape Memory Medical Inc.
• Merit Medical Systems Inc.
• Stryker Corp.
• Penumbra Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Vascular Embolization Devices Market

Which Region Dominates the Vascular Embolization Devices Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The vascular embolization devices marketplace in North America is experiencing strong growth because of increasing continual disease incidence, advancements in generation, and a strong recognition of minimally invasive techniques. The region benefits from superior healthcare infrastructure, extensive investment in medical innovations, and growing demand for powerful treatment options, driving market growth and adoption of the latest technologies.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Vascular Embolization Devices market. The vascular embolization gadgets marketplace in Asia-Pacific is expanding rapidly because of rising healthcare investments, the growing prevalence of continual conditions, and the growing call for superior clinical technology. Improved healthcare infrastructure, growing attention to minimally invasive strategies, and expanding patient admission are using market growth within the region, along with expanded adoption of progressive embolization gadgets.

The current report Scope analyzes Vascular Embolization Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Vascular Embolization Devices Market

According to Cognitive Market Research, the global Vascular Embolization Devices market size was estimated at USD 3915.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1566.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Vascular Embolization Devices market with a market size of USD 1235.64 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The nation's rising cardiovascular diseases.
• The Canada Vascular Embolization Devices market had a market share of USD 187.93 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's aging population.
• The Mexico Vascular Embolization Devices market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 142.51 million in 2024.

Europe Vascular Embolization Devices Market

According to Cognitive Market Research, the global Vascular Embolization Devices market size was estimated at USD 3915.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1174.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• The United Kingdom Vascular Embolization Devices market had a market share of USD 197.33 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Vascular Embolization Devices sales witness an upswing due to the advancements in technology.
• The France Vascular Embolization Devices market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 108.06 million in 2024.
• According to Cognitive Market Research, the German Vascular Embolization Devices market size was valued at USD 232.56 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, Vascular Embolization Devices surged due to the increased R&D.
• The Italy Vascular Embolization Devices market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 101.01 million in 2024.
• The Russia Vascular Embolization Devices market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 182.06 million in 2024.
• The Spain Vascular Embolization Devices market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 96.31 million in 2024
• The Luxembourg Vascular Embolization Devices market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 36.41 million in 2024.
• The Portugal Vascular Embolization Devices market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 24.67 million in 2024.
• The Greece Vascular Embolization Devices market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 14.09 million in 2024.
• Rest of Europe's Vascular Embolization Devices market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 182.06 million in 2024.

Asia Pacific Vascular Embolization Devices Market

According to Cognitive Market Research, the global Vascular Embolization Devices market size was estimated at USD 3915.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 900.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.00% from 2024 to 2031.

• According to Cognitive Market Research, the China Vascular Embolization Devices market size was valued at USD 405.22 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Vascular Embolization Devices surged in China due to the healthcare spending.
• The Japan Vascular Embolization Devices market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 124.27 million in 2024.
• The India Vascular Embolization Devices market had a market share of USD 108.06 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's minimally invasive surgeries.
• The South Korean Vascular Embolization Devices market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 90.05 million in 2024.
• The Australian Vascular Embolization Devices market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 46.83 million in 2024.
• The South East Asia Vascular Embolization Devices market is projected to witness growth at a CAGR of 11.0% during the forecast period, with a market size of USD 62.13 million in 2024.
• The Rest of Asia Pacific Vascular Embolization Devices market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 63.94 million in 2024.

South America Vascular Embolization Devices Market

According to Cognitive Market Research, the global Vascular Embolization Devices market size was estimated at USD 3915.2 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 195.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Vascular Embolization Devices market size was valued at USD 83.79 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Vascular Embolization Devicess flourished in Brazil due to the government initiatives.
• Argentina's Vascular Embolization Devices market had a market share of USD 32.89 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Argentina's l improved healthcare infrastructure.
• Colombia Vascular Embolization Devices market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 17.42 million in 2024.
• Peru Vascular Embolization Devices market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 16.05 million in 2024.
• Chile Vascular Embolization Devices market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 14.09 million in 2024.
• The Rest of Latin America's Vascular Embolization Devices market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 31.52 million in 2024.

Middle East and Africa Vascular Embolization Devices Market

According to Cognitive Market Research, the global Vascular Embolization Devices market size was estimated at USD 3915.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 78.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031..

• The GCC Countries Vascular Embolization Devices market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 33.51 million in 2024. Vascular Embolization Devices sales flourish due to the awareness programs.
• The Egypt Vascular Embolization Devices market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 8.22 million in 2024.
• The South Africa Vascular Embolization Devices market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 12.37 million in 2024. Vascular Embolization Devices sales flourish in South Africa due to medical tourism growth .
• The Turkey Vascular Embolization Devices market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 6.73 million in 2024.
• The Nigeria Vascular Embolization Devices market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 8.22 million in 2024.
• The Rest of MEA Vascular Embolization Devices market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 9.24 million in 2024.

Vascular Embolization Devices Market Analysis

Vascular Embolization Devices Market Product Segment Analysis

According to Cognitive Market Research, Coils stands out as the dominant Product over the projected period. Coils are riding an increase within the vascular embolization gadgets market because of their effectiveness in treating various vascular situations. These gadgets, which are used to block blood flow to targeted regions, offer precision and minimum invasiveness. Advances in the coil era, together with better biocompatibility and delivery mechanisms, are boosting their adoption and contributing to market enlargement..

Detachable Balloons emerges as the fastest-growing Product in the Vascular Embolization Devices market. Detachable balloons are fueling growth inside the vascular embolization gadgets market because of their capacity to offer managed and unique occlusion of blood vessels. These balloons allow for focused remedy and easy removal if wanted, improving procedural protection and effectiveness. Innovations in balloon design and materials are improving overall performance, using elevated adoption, and expanding their market presence.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Vascular Embolization Devices Industry. Request a Free Sample PDF!

Vascular Embolization Devices Market Application Segment Analysis

According to Cognitive Market Research, the dominant Product is Oncology. Oncology is driving an increase inside the vascular embolization devices marketplace as these devices are more and more used for treating tumors and cancerous lesions. Embolization strategies, consisting of centered shipping of therapeutic agents or blockading blood supply to tumors, have become vital in oncology. The rise in most cancer cases and improvements in the tool era are boosting the marketplace for specialized devices.

The fastest-growing Product in the Vascular Embolization Devices market is Peripheral Vascular Diseases. Peripheral vascular sicknesses are boosting the increase of the vascular embolization gadgets marketplace as these conditions regularly require targeted intervention. Embolization devices are used to treat blockages and repair blood waft in peripheral vessels. The growing prevalence of peripheral vascular diseases, mixed with improvements in device generation, is driving extended adoption and expanding the market for these devices.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Vascular Embolization Devices End User Segment Analysis

Vascular Embolization Devices Market End User Segment Analysis

According to Cognitive Market Research, the dominant Product is Hospitals and Clinics. Hospitals and clinics are riding the growth of the vascular embolization devices marketplace due to their growing adoption of minimally invasive tactics. These healthcare centers are investing in superior embolization technologies to enhance patient results and reduce recuperation times. The growing wide variety of techniques done in hospitals and clinics, coupled with technological improvements, is fueling market enlargement.

The fastest-growing Product in the Vascular Embolization Devices market is Ambulatory Surgical Centers. Ambulatory surgical centers (ASCs) are contributing to the increase of the vascular embolization gadgets marketplace by way of embracing minimally invasive procedures that offer quicker restoration and decreased fees. The shift in the direction of outpatient care and the growing quantity of procedures performed in ASCs are driving the call for advanced embolization devices, enhancing their market presence and inspiring innovation in this quarter.

• Hospitals and Clinics
• Ambulatory Surgical Centers
• Others

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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