Transcatheter Embolization and Occlusion Devices Market Company Profile, Merger by 2027

 Transcatheter Market Research Report: By Type of Treatment (Transfemoral Approach, Transapical Approach, and Others), by Product Type (TAVR and TMVR), by End-User (Hospitals, Outpatient Surgical Centers, Others), and by Region Forecast to 2027

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Market highlights

The global transcatheter embolization and occlusion device market was valued at $ 3,290.4 million in 2018 and is expected to grow at a CAGR of 9.9% over the forecast period. A catheter embolization procedure involves drugs or synthetic materials (embolic agents) inserted into a blood vessel through a catheter to prevent blood flow to the area. Factors contributing to market growth include technological advances in products, expanding target patient populations, increasing numbers of minimally invasive surgeries, and the availability of affordable reimbursement for cardiovascular surgery. On the other hand, it is expected

Main actors

Some of the leading players in the global Transcatheter Embolization and Occlusion Devices market  are Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, Stryker Corporation, Terumo Corporation, Pfizer Inc., DePuy Synthes, Cardinal Health, Cook Medical, Sirtex Medical Limited, and Merit Medical Systems.

Regional analysis

The global Transcatheter Embolization and Occlusion Devices market has been categorized on the basis of the region in America, Europe, Asia-Pacific, and the Middle East and Africa. Based on the region, America is expected to dominate the market over the forecast period as there is medical reimbursement for cardiovascular procedures and major OEMs, facilitating early go-to-market, established healthcare infrastructure, and skilled healthcare professionals. These players include Stryker Corporation, Boston Scientific Corporation, Pfizer Inc., Abbott Laboratories, and Cardinal Health.

Europe would follow America in terms of value in the transcatheter embolization and occlusion device market as medical devices make an essential contribution to health care in the European Union for the benefit of European citizens. Additionally, strong growth in radioembolization balls, drug eluting beads, and flow dissipating devices would support regional market growth.

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