The microspheres subsegment of embolic agents products to hold major market share by 2026
Based on product, the market is further segmented into embolization coils (detachable coils and pushable coils), embolic agents (liquid embolic agents and microspheres), detachable balloons, embolic plug systems, and support devices (microcatheters and guidewires). The microspheres subsegment of embolic agent products commanded the largest share of the embolotherapy market in 2020 and the trend is expected to continue by 2026. Market growth is driven by the surge in the prevalence of hepatocellular carcinoma (microspheres are widely used to treat this disease), coupled with favorable reimbursement criteria in developed economies. Moreover, new product launches and approvals are further supporting the growth of the segment.
Embolotherapy Market worth $5.0 billion by 2026 - Exclusive Report by MarketsandMarkets Embolotherapy Market by Product (Embolic Agents (Microspheres, Liquid Embolic Agents, Coil), Microcatheters), Indication (Oncology, Vascular, Aneurysm, Urology, Nephrology), Procedure (TACE, TARE), Enduser (Hospital, Clinics, ASC) - Global Forecast to 2026 , published by MarketsandMarkets, the global market is valued at USD 3.4 billion in 2021 and is expected to reach USD 5.0 billion by 2026, at a CAGR of 8.0% during the forecast period.
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The growth of the market is mainly attributed to factors such as the growth in the target patient population, rising preference for minimally invasive procedures, technological advancements in embolotherapy devices, and favorable reimbursement scenario.
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The global sale of neurovascular devices is expanding significantly, mainly in the Asia Pacific, MEA and Europe. Availability of a wide range of neurovascular devices, mainly in the aneurysm coiling and embolization devices segment enable professionals to meet th
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ResearchAndMarkets.com s offering.
The global neurovascular devices market is growing expressively, was valued at US$ 2203.9 Mn in 2020 and expected to reach US$ 3853.1 Mn by 2029. Increasing demand for minimally invasive procedures, growing commonness of neurovascular disorders and stroke, rapid new product development and commercialization drive the overall neurovascular devices market growth. Technological evolution in stenting technique, coiling procedure technique, cerebral angiography technique, and flow disruption technique would also drive the overall market.
Cerebral balloon angioplasty & stenting technology segment is expected to register higher growth by the end of 2029
The global sale of neurovascular devices is expanding significantly, mainly in the Asia Pacific, MEA and Europe. Availability of a wide range of neurovascular devices, mainly in the aneurysm coiling and embolization devices segment enable professionals to meet the active demand. Other major fac
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