February 19, 2025

Embolization Market Is Expected To Be Flourished By Growing Adoption Of Minimally Invasive Procedures

Embolization is a minimally invasive medical procedure where an embolic agent is injected to occlude blood vessels or close vascular abnormalities. It is used to treat aneurysms, arteriovenous malformations, tumors, and other abnormal growths or medical conditions. There are various types of embolization procedures such as uterine artery embolization, prostate artery embolization, brain artery embolization, and tumor embolization. Embolization procedures offer several advantages over traditional open surgery such as minimal pain, shorter hospital stays, and quicker recovery times. Growing preference for minimally invasive treatments over conventional open surgeries is expected to drive the adoption of embolization procedures.

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 Dynamics:

Growing adoption of minimally invasive procedures is expected to be a key driver for the embolization market over the forecast period. Minimally invasive procedures such as embolization offer various advantages over traditional open surgeries such as reduced post procedural pain and infection risk, shorter hospital stays, quicker recovery times, and minimal scarring. These advantages are encouraging patients and physicians to adopt minimally invasive procedures. Additionally, increasing prevalence of diseases indication treatable by embolization such as tumors, aneurysms and arteriovenous malformations is also expected to drive the demand for embolization procedures. For instance, according to the Brain Aneurysm Foundation, an estimated 6 million people in the U.S. have an unruptured brain aneurysm. Growing prevalence of such indication provides ample opportunities for the embolization market.

Segment Analysis

Embolization Market is segmented into product, procedure, application and end user. In terms of product, the microspheres sub segment dominates the global embolization market owing to the advantages offered by microspheres such as less procedural invasiveness over other products. They are highly preferred for transcatheter arterial embolization procedures.

PEST Analysis

Political: Regulations supporting interventional radiology and minimally invasive procedures across developed countries are driving market growth. Various policies aim to control rising healthcare costs through less invasive treatment options.

Economic: Rising per capita healthcare expenditure and growing elderly population susceptible to chronic diseases are key economic drivers. However, pricing pressures may impede market growth.

Social: Increasing preference for minimally invasive treatments over traditional surgical options due to faster recovery times is a key social trend.

Technological: Advancements in embolization materials, delivery devices, and imaging technologies facilitate improved treatment outcomes. Developments in bioabsorbable embolic agents may present new opportunities.

Key Takeaways

The Global Embolization Market Demand is expected to witness high growth over the forecast period.

 

Regional analysis:

 

North America accounts for a major share of the global embolization market led by the US owing to presence of advanced healthcare facilities, availability of skilled professionals and growing prevalence of chronic diseases in the region.

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. Mergers & acquisitions and new product launches are key strategies adopted by these players.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Money Singh
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. 

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. 

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