Embolization is a minimally invasive procedure that blocks one or more arteries or veins. It is commonly used to treat medical conditions such as tumors, vascular malformations, and aneurysms. Embolization uses slender tubes called catheters, which are inserted into an artery or vein and then threaded through the circulatory system to the target site. Depending on the condition being treated, embolic materials such as detachable coils, alcohol, gelatin sponges, or beads are delivered through the catheter to block the blood flow. This cutting-edge therapy provides an alternative to open surgery and is associated with less pain, scarring, recovery time, and costs. Embolization is increasingly employed for various therapeutic and diagnostic procedures, thus, driving the global embolization market growth.
Market Dynamics:
Global embolization market is witnessing significant growth due to rising prevalence of various target conditions such as cancer, vascular diseases, and traumatic injuries. Growing geriatric population who are more prone to such conditions can drive the market growth. Technological advancements in embolization devices, introduction of bioactive embolization agents, and preference for minimally invasive procedures over open surgeries offers lucrative opportunities for market players. However, strict regulatory requirements for new product approval, high costs involved, and lack of skilled professionals in some regions can hamper the market growth. Various initiatives by market players to spread awareness about embolization therapy and development of advanced embolization materials can help overcome these restraints in the near future.
Key Features of the Study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook