Global Occlusion Devices Market Will Reach .85 billion by 2026 Top Players Ter
Posted by Onkar Nimbalkar on September 17th, 2019
Occlusion devices are widely used in the atrial fibrillation patients who are at the risk of thromboembolic. Left atrial appendage (LAA) has been identified as the source of thrombus formation in non-valvular atrial fibrillation. Occlusion devices are used in different applications like atrial septal defect, the ventricular septal defect and the patent ductus arteriosus. 25 to 30% of the Americans are suffering from patent foramen ovale (PFO) and Amplatzer PFO Occluder device will provide big relief to PFO patients. Government of China spent USD 590.2 billion, around 5.7% of GDP in 2014.
Analysis of Global Occlusion Devices Market report:
The Global Occlusion Devices Market is expected to reach USD 2.56 Billion by 2025 from USD 3.85 Billion in 2017 growing at a CAGR of 5.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025
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Major Market Drivers and Restraints:
· Increasing target patient population base.
· Reimbursement scenario for minimally invasive surgeries
· Rise in minimally invasive vascular surgeries
· Limitations associated with chronic total occlusion treatment
· Strict regulatory framework for product commercialization
· Downward pricing pressure owing to its commodity nature
Leading Key players profiled in this report are:
Some of the major players operating in the occlusion devices market are Terumo Corporation, Medtronic, Inc., Boston Scientific Corporation, Stryker Corporation, Cordis Corporation, DePuy Synthes; St. Jude Medical, Cook Medical, Sirtex medical, and Nordian, Penumbra, Abbott, Cardinal Health, B. Braun, Asahi Intecc, C.R. Bard, Cook Group, Angiodynamics, Acrostak among others.
Global Occlusion Devices Market Segmentation:
· The occlusion devices market is segmented into product, application and end users.
· Based on product, the market is segmented into occlusion removal devices, embolization devices, tubal occlusion devices, support devices. Occlusion removal device is further segmented into balloon occlusion devices, stent retrievers, coil retrievers, suction & aspiration devices. Embolization devices are further sub-segmented into embolic coils, liquid embolic agents. Support devices segment is further sub-segmented into micro catheters and guidewires.
· Based on application, the market is segmented into cardiology, peripheral vascular disease, neurology, urology, oncology, gynecology and others.
· Based on end users, the market is segmented hospitals, diagnostic centers, and ambulatory care centers, research laboratories & academic institutes.
· Based on geography the occlusion devices market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
Company Share Analysis:
The global occlusion devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of occlusion devices system market for global, Europe, North America, Asia Pacific and South America.
The Global Occlusion Devices Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Occlusion Devices Market . The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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About the AuthorOnkar Nimbalkar
Joined: September 17th, 2019
Articles Posted: 64
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