The global occlusion devices market is projected to be worth USD 4,378.5 Million by 2027, according to a current analysis by Emergen Research. The growing demand for minimally invasive surgeries is essential in fueling the occlusion devices demand. Occlusion devices, such as embolization devices are used in minimally invasive treatment for blocking atypical vascular channels or blood vessels. In the case of a catheter embolization process, embolic agents are administered in the blood vessel via a catheter to avert blood flow to the target area.

The occlusion devices market in the Asia Pacific is estimated to witness the fastest growth rate in the period 2020-2027, due to the growing burden of chronic diseases and growing inclination for early heart disorder diagnosis and treatment. Also, shifting lifestyles, surging environmental pollution, and harmful chemical exposure are crucial factors in driving product demand.

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Key Highlights From The Report

• In July 2019, Orchestra BioMed Inc. made an announcement about the signing of a strategic collaboration agreement with Terumo Corporation to develop and commercialize the Virtue Sirolimus-Eluting Balloon.
• Urethral occlusive devices are gaining significant traction in the market, due to their benefits in preventing involuntary urine loss as a part of palliative measures.
• Key participants include Boston Scientific, Medtronic PLC, Abbott Laboratories, B. Braun Melsungen, Stryker Corporation, Acrostak AG, Cook Group, Terumo Corporation, Cardinal Health, and Becton, Dickinson, and Company, among others.

Occlusion Devices Market Segmentation:

Emergen Research has segmented the global occlusion devices market on the basis of product type, application, end-users, and region:

• Product Type Outlook (Revenue, USD Billion; 2017-2027)
  • Occlusion Removal Devices
    1. Balloon Occlusion Devices
    2. Stent Retrievers
    3. Coil Retrievers
    4. Suction & Aspiration Devices
  • Embolization Devices
    1. Embolic Coils
    2. Liquid Embolic Agents
    3. Tubal Occlusion Devices
  • Support Devices
    1. Microcatheters
    2. Guidewires
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Neurology
    • Cardiology
    • Peripheral Vascular Diseases
    • Urology
    • Oncology
    • Others
  • End Users Outlook (Revenue, USD Billion; 2017-2027)
    • Hospitals
    • Diagnostics Centers
    • Ambulatory Surgical Centers
    • Research Institutes
    • Others

Regional Analysis:

The global Occlusion Devices market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Occlusion Devices industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.

Major Geographies Encompassed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Reasons to Buy This Report:

• The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
• It entails a detailed inspection of the Occlusion Devices market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
• The report provides the reader with a deep understanding of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and powerful business tactics.
• Furthermore, the report identifies the key regions and segments that influence the Occlusion Devices market.

The report considers the following timeline for market estimation:

• Historical Years: 2017-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Years: 2020-2027

Table of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Occlusion Devices Market Segmentation & Impact Analysis
    4.1. Occlusion Devices Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growing demand for minimally invasive surgeries
                    4.2.2.2. Rising incidence of neurological and cardiovascular diseases
                    4.2.2.3. Advancement in technology
                    4.2.2.4. Growing geriatric population
          4.2.3. Market restraints analysis
                    4.2.3.1. Cost-prohibitive devices
                    4.2.3.2. Strict regulatory norms
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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