Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Transcatheter Embolization and Occlusion Devices Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.
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Transcatheter embolization and occlusion devices are used for non surgical procedures with minimal invasions generally performed by interventional radiologists or neuro-radiologists. Procedures through such devices involve introduction of emboli for selectively occluding the blood vessels. Embolization prevents blood flow to a particular body part or area to achieve effective shrinkage of a tumor or block an aneurysm. It is also used to treat various types of hemorrhages as well as management of malignant hypertension caused due to renal failure.
The global transcatheter embolization and occlusion devices market is categorized on the basis of:
Peripheral vascular (PV) tumors
PV embolization coil
Currently, North America dominates the global transcatheter embolization and occlusion devices market and is followed by Europe due to the high success rate achieved in clinical trials and release of new devices thus leading to expansion of treatable patient population. Emerging economies of Asia, Middle East and Latin America are also expected to show rapid growth in this market due growth in the graying population and associated susceptibility to cancer and cardiovascular diseases in these regions.
Some of the major factors driving the global market for transcatheter embolization and occlusion devices include high adoption rates for non-surgical and growing popularity of the minimal invasive procedure, minimal risk associated with such procedures and faster recovery time and aging population worldwide. However, dicey reimbursement policies in less developing nations may pose a challenge to the growth of transcatheter embolization and occlusion devices market.
Some of the key players contributing to this market include Abbott Laboratories, Inc., Boston Scientific Corporation, Cook Medical, Cordis Corporation, ev3, Inc., Eisai Co. Ltd., Mallinckrodt LLC, Medtronic, Inc., Terumo Corporation and Marine Polymer Technologies, Inc.
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