
Published On: Nov 2022
Published On: Nov 2022
At 8.5% CAGR, the Asia Pacific Embolotherapy Market is projected to be worth US$ 1,272.58 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific embolotherapy market was valued at US$ 979.05 million in 2022 and is expected to reach US$ 1,272.58 million by 2028, registering an annual growth rate of 7.7% from 2022 to 2028. Widening applications of embolotherapy and growing use of liquid embolic agents.
Increasing implementation of embolotherapy in the treatment of endovascular disease, traumatic injuries, cerebrovascular malformation, venous malformation, arteriovenous malformation, and pediatric vascular conditions are expected to offer an opportunity for the Embolotherapy market revenue growth over the coming years. Embolization is a minimally invasive procedure to treat an aneurysm by packing it with material that closes the scathe injured place and decreases the risk of bleeding. Embolization is performed within the artery (endovascular) through a steerable catheter inserted into the bloodstream and guided to the brain. Further, post-traumatic bleeding embolization is performed to stop bleeding caused by traumatic injuries. The method uses materials to block the affected vessel and stops blood flow. Thus, the rising adoption of embolization in various applications further increases the demand for embolization agents and supportive devices. Therefore, the growing applications of embolotherapy devices are expected to boost the growth of the embolotherapy market.
On the contrary, accessibility of other alternative therapies.
Key players dominating the Asia Pacific embolotherapy market are Abbott Laboratories; Boston Scientific Corporation; Cook Medical LLC; Johnson & Johnson; Medtronic; Acandis GmbH; Balt USA LLC; Stryker Corporation; Guerbet LLC; and Terumo Corporation among others.
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