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Embolization Market Growth Accelerated By Adoption In Minimally Invasive Procedures

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Pooja Khodke
Embolization Market Growth Accelerated By Adoption In Minimally Invasive Procedures

Embolization involves the introduction of embolic agents such as gelatin sponge, coils and liquid embolic agents into blood vessels to obstruct blood flow to an abnormal anatomical structure or organ. It is widely used in procedures involving vascular abnormalities, oncology, trauma and uterine fibroids owing to advantages like minimal invasion and rapid recovery.


The global Embolization Market is estimated to be valued at Us$ 1810.94 Mn in 2023 and is expected to exhibit a CAGR Of 6.0% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:


Embolization procedures are increasingly being adopted for minimally invasive treatments owing to advantages such as reduced risks of infection, blood loss, and shorter hospital stay compared to conventional open surgeries. The growing geriatric population prone to conditions such as cerebral aneurysms and uterine fibroids has accelerated the demand for embolization procedures. Expanding application in oncology such as targeted embolization of tumours is another key trend fueling the embolization market growth.


Segment Analysis


The global embolization market is dominated by the microspheres sub-segment. This sub-segment held over 35% share of the overall market in 2024 due to increased usage of microspheres for embolization procedures of hyper vascular tumors such as liver and lung cancers. Microspheres are effectively utilised to block the blood vessels supplying the tumors, which helps in restricting their growth.

Key Takeaways


The Global Embolization Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. Rapid technological advancements in the field of interventional radiology and growing prevalence of chronic diseases like cancer are projected to drive the demand for embolization procedures.

Regional analysis:


North America captured the largest share of the global embolization market in 2024 due to presence of advanced healthcare infrastructure and rising cancer incidence in the region. Factors such as increasing reimbursement support and availability of skilled radiologists are anticipated to aid the regional market expansion at a CAGR of around 5.5% during 2023-2030.

Key players:


Key players operating in the embolization market are Henkel AG & Company KGaA, 3M Company, Paramelt B.V., H.B. Fuller Company, Bostik SA, Avery Dennison Corporation, Sika AG, Wacker Chemie AG, Ashland Inc., Dymax Corporation, DowDuPont Inc., and Huntsman Corporation. These players are involved in new product launches and strategic collaborations with hospitals to strengthen their market position.



Get more insights on this topic :


https://www.insightprobing.com/the-global-embolization-market-is-driven-by-rising-prevalence-of-cardiovascular-diseases/


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