Occlusion Devices Market Size is projected to grow at a

New York, United States, March 09, 2023 (GLOBE NEWSWIRE) -- Occlusion devices are medical devices used to block or close abnormal blood vessels or heart defects. These devices are commonly used in interventional cardiology and interventional radiology procedures. Occlusion devices are typically made of metal or other materials and come in various shapes and sizes to suit different applications. Some examples of occlusion devices include vascular plugs, coils, septal occluders, and embolization particles. These devices are designed to be minimally invasive and provide an effective alternative to traditional surgical procedures.

The use of occlusion devices is becoming increasingly popular due to their many benefits over traditional surgical procedures. Occlusion devices are minimally invasive, which means that they involve smaller incisions and cause less trauma to the patient's body. This typically leads to shorter recovery times, less pain, and fewer complications.

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Market Dynamics

The growing incidence of cardiovascular diseases and related conditions such as stroke and peripheral artery disease is a key driver of the occlusion devices market. These devices are commonly used in interventional procedures to treat these conditions. Rising healthcare expenditure and investments in healthcare infrastructure are expected to boost the demand for occlusion devices. This is particularly true in emerging markets where healthcare systems are undergoing rapid development. The global population is aging, which is increasing the incidence of age-related conditions such as aneurysms and arteriovenous malformations. This is expected to drive the demand for occlusion devices in the coming years.

Market Segmentation

The occlusion devices market is divided into different segments based on product type, application, and end-users. The largest segment in terms of product type is occlusion removal devices due to the increasing research in the efficacy of new devices.

In terms of application, the neurology segment holds the major share of the market due to the rising number of target neurosurgical procedures and research in interventional neurology.

Regarding end-users, the diagnostic centers segment is expected to hold a significant market share due to the growing adoption of minimally invasive surgical procedures, availability of reimbursement policies for target procedures in Europe and North America, and the increasing demand for interventional procedures in diagnostic centers.

Report Scope

Report Metric	Details
Market Size	USD 2.8 Billion in 2022
CAGR	5.1% (2023-2031)
Historical Data	2020-2021
Base Year	2022
Forecast Period	2023-2031
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Product, By Application, By End User, By Region
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Acrostak, Abbott Laboratories, Asahi Intecc, Angiodynamics, Cardinal Health, Avinger, Edwards Lifesciences, Cook Group, Stryker Corporation, Penumbra, B. Braun Melsungen AG, Terumo Corporation, Medtronic Plc., Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, Biosensors International Group Ltd., Boston Scientific Corporation, Elixir Medical Corporation, Kyoto Medical Planning Co. Ltd
Key Market Drivers	Growing incidence of cardiovascular diseases

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Regional Analysis

North America is predicted to dominate the global market for occlusion devices due to the increasing prevalence of cardiovascular diseases in the United States. The World Health Organization has reported that around 15 million people in the US suffer from coronary diseases, and the aging baby boomer population in the country is expected to further support market growth. As the geriatric population is more vulnerable to various diseases such as neurological disorders and cancers, the high number of elderly people in the region is likely to drive market growth.

Europe is expected to be the second-largest region in the global market for occlusion devices. The increasing number of obese individuals in Europe is influencing the prevalence of embolism, which can cause occlusion in different parts of the body. Additionally, the rising incidence of stroke is driving market growth in the region. Favorable reimbursement policies and advancements in occlusion devices are also contributing to the market's growth.

Some of the major players in the occlusion devices market include

Acrostak
Abbott Laboratories
Asahi Intecc
Angiodynamics
Cardinal Health
Avinger
Edwards Lifesciences
Cook Group
Stryker Corporation
Penumbra
B. Braun Melsungen AG
Terumo Corporation
Medtronic Plc.
Meril Life Sciences Pvt. Ltd.
MicroPort Scientific Corporation
Biosensors International Group Ltd.
Boston Scientific Corporation
Elixir Medical Corporation
Kyoto Medical Planning Co. Ltd`

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Occlusion devises Market Segmentation

By Product

Occlusion Removal Devices
- Balloon Occlusion Devices
- Stent Retrievers
- Coil Retrievers
- Suction & Aspiration Devices
Embolization Devices
- Embolic Coils
- Liquid Embolic Agents
- Tubal Occlusion Devices
Support Devices
- Microcatheters
- Guidewires

By Application

Neurology
Cardiology
Peripheral Vascular Diseases
Urology
Oncology
Gynecology

By End User

Hospitals, Diagnostic Centers, & Surgical Centers
Ambulatory Care Centers
Research Laboratories & Academic Institutes

Regions Covered

North America
Europe
Asia-Pacific
LAMEA

TABLE OF CONTENT

EXECUTIVE SUMMARY
RESEARCH SCOPE & SEGMENTATION
1. Research Objectives
2. Market Definition
3. Limitations & Assumptions
4. Market Scope & Segmentation
5. Currency & Pricing Considered
MARKET OPPORTUNITY ASSESSMENT
1. Emerging Regions / Countries
2. Emerging Companies
3. Emerging Applications / End Use
4. Investment Landscape
5. New Business Models / Revenue Streams
6. TAM
MARKET TRENDS
1. Drivers
2. Market Warning Factors
3. Latest Macro Economic Indicators
4. Geopolitical Impact
5. Human Factors
6. Technology Factors
MARKET ASSESSMENT
1. Porters Five Forces Analysis
2. Value Chain Analysis
3. Sales And Distribution Channel Analysis
4. Case Study Analysis
5. Patent Analysis
6. M & A Agreements & Collabration Analysis
ESG TRENDS
GLOBAL OCCLUSION DEVICES MARKET SIZE ANALYSIS
1. Global Occlusion Devices Market Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. Occlusion Removal Devices
    1. By Value
  3. Embolization Devices
    1. By Value
  4. Support Devices
    1. By Value
3. By Application
  1. Introduction
    1. Application By Value
  2. Neurology
    1. By Value
  3. Cardiology
    1. By Value
  4. Peripheral Vascular Diseases
    1. By Value
  5. Urology
    1. By Value
  6. Oncology
    1. By Value
  7. Gynecology
    1. By Value
4. By End User
  1. Introduction
    1. End User By Value
  2. Hospitals, Diagnostic Centers, & Surgical Centers
    1. By Value
  3. Ambulatory Care Centers
    1. By Value
  4. Research Laboratories & Academic Institutes
    1. By Value
NORTH AMERICA MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. Occlusion Removal Devices
    1. By Value
  3. Embolization Devices
    1. By Value
  4. Support Devices
    1. By Value
3. By Application
  1. Introduction
    1. Application By Value
  2. Neurology
    1. By Value
  3. Cardiology
    1. By Value
  4. Peripheral Vascular Diseases
    1. By Value
  5. Urology
    1. By Value
  6. Oncology
    1. By Value
  7. Gynecology
    1. By Value
4. By End User
  1. Introduction
    1. End User By Value
  2. Hospitals, Diagnostic Centers, & Surgical Centers
    1. By Value
  3. Ambulatory Care Centers
    1. By Value
  4. Research Laboratories & Academic Institutes
    1. By Value
5. U.S.
  1. By Product
    1. Introduction
      1. Product By Value
    2. Occlusion Removal Devices
      1. By Value
    3. Embolization Devices
      1. By Value
    4. Support Devices
      1. By Value
  2. By Application
    1. Introduction
      1. Application By Value
    2. Neurology
      1. By Value
    3. Cardiology
      1. By Value
    4. Peripheral Vascular Diseases
      1. By Value
    5. Urology
      1. By Value
    6. Oncology
      1. By Value
    7. Gynecology
      1. By Value
  3. By End User
    1. Introduction
      1. End User By Value
    2. Hospitals, Diagnostic Centers, & Surgical Centers
      1. By Value
    3. Ambulatory Care Centers
      1. By Value
    4. Research Laboratories & Academic Institutes
      1. By Value
6. Canada
EUROPE MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. Occlusion Removal Devices
    1. By Value
  3. Embolization Devices
    1. By Value
  4. Support Devices
    1. By Value
3. By Application
  1. Introduction
    1. Application By Value
  2. Neurology
    1. By Value
  3. Cardiology
    1. By Value
  4. Peripheral Vascular Diseases
    1. By Value
  5. Urology
    1. By Value
  6. Oncology
    1. By Value
  7. Gynecology
    1. By Value
4. By End User
  1. Introduction
    1. End User By Value
  2. Hospitals, Diagnostic Centers, & Surgical Centers
    1. By Value
  3. Ambulatory Care Centers
    1. By Value
  4. Research Laboratories & Academic Institutes
    1. By Value
5. U.K.
  1. By Product
    1. Introduction
      1. Product By Value
    2. Occlusion Removal Devices
      1. By Value
    3. Embolization Devices
      1. By Value
    4. Support Devices
      1. By Value
  2. By Application
    1. Introduction
      1. Application By Value
    2. Neurology
      1. By Value
    3. Cardiology
      1. By Value
    4. Peripheral Vascular Diseases
      1. By Value
    5. Urology
      1. By Value
    6. Oncology
      1. By Value
    7. Gynecology
      1. By Value
  3. By End User
    1. Introduction
      1. End User By Value
    2. Hospitals, Diagnostic Centers, & Surgical Centers
      1. By Value
    3. Ambulatory Care Centers
      1. By Value
    4. Research Laboratories & Academic Institutes
      1. By Value
6. Germany
7. France
8. Spain
9. Italy
10. Russia
11. Nordic
12. Benelux
13. Rest Of Europe
APAC MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. Occlusion Removal Devices
    1. By Value
  3. Embolization Devices
    1. By Value
  4. Support Devices
    1. By Value
3. By Application
  1. Introduction
    1. Application By Value
  2. Neurology
    1. By Value
  3. Cardiology
    1. By Value
  4. Peripheral Vascular Diseases
    1. By Value
  5. Urology
    1. By Value
  6. Oncology
    1. By Value
  7. Gynecology
    1. By Value
4. By End User
  1. Introduction
    1. End User By Value
  2. Hospitals, Diagnostic Centers, & Surgical Centers
    1. By Value
  3. Ambulatory Care Centers
    1. By Value
  4. Research Laboratories & Academic Institutes
    1. By Value
5. China
  1. By Product
    1. Introduction
      1. Product By Value
    2. Occlusion Removal Devices
      1. By Value
    3. Embolization Devices
      1. By Value
    4. Support Devices
      1. By Value
  2. By Application
    1. Introduction
      1. Application By Value
    2. Neurology
      1. By Value
    3. Cardiology
      1. By Value
    4. Peripheral Vascular Diseases
      1. By Value
    5. Urology
      1. By Value
    6. Oncology
      1. By Value
    7. Gynecology
      1. By Value
  3. By End User
    1. Introduction
      1. End User By Value
    2. Hospitals, Diagnostic Centers, & Surgical Centers
      1. By Value
    3. Ambulatory Care Centers
      1. By Value
    4. Research Laboratories & Academic Institutes
      1. By Value
6. Korea
7. Japan
8. India
9. Australia
10. Taiwan
11. South East Asia
12. Rest Of Asia-Pacific
MIDDLE EAST AND AFRICA MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. Occlusion Removal Devices
    1. By Value
  3. Embolization Devices
    1. By Value
  4. Support Devices
    1. By Value
3. By Application
  1. Introduction
    1. Application By Value
  2. Neurology
    1. By Value
  3. Cardiology
    1. By Value
  4. Peripheral Vascular Diseases
    1. By Value
  5. Urology
    1. By Value
  6. Oncology
    1. By Value
  7. Gynecology
    1. By Value
4. By End User
  1. Introduction
    1. End User By Value
  2. Hospitals, Diagnostic Centers, & Surgical Centers
    1. By Value
  3. Ambulatory Care Centers
    1. By Value
  4. Research Laboratories & Academic Institutes
    1. By Value
5. UAE
  1. By Product
    1. Introduction
      1. Product By Value
    2. Occlusion Removal Devices
      1. By Value
    3. Embolization Devices
      1. By Value
    4. Support Devices
      1. By Value
  2. By Application
    1. Introduction
      1. Application By Value
    2. Neurology
      1. By Value
    3. Cardiology
      1. By Value
    4. Peripheral Vascular Diseases
      1. By Value
    5. Urology
      1. By Value
    6. Oncology
      1. By Value
    7. Gynecology
      1. By Value
  3. By End User
    1. Introduction
      1. End User By Value
    2. Hospitals, Diagnostic Centers, & Surgical Centers
      1. By Value
    3. Ambulatory Care Centers
      1. By Value
    4. Research Laboratories & Academic Institutes
      1. By Value
6. Turkey
7. Saudi Arabia
8. South Africa
9. Egypt
10. Nigeria
11. Rest Of MEA
LATAM MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. Occlusion Removal Devices
    1. By Value
  3. Embolization Devices
    1. By Value
  4. Support Devices
    1. By Value
3. By Application
  1. Introduction
    1. Application By Value
  2. Neurology
    1. By Value
  3. Cardiology
    1. By Value
  4. Peripheral Vascular Diseases
    1. By Value
  5. Urology
    1. By Value
  6. Oncology
    1. By Value
  7. Gynecology
    1. By Value
4. By End User
  1. Introduction
    1. End User By Value
  2. Hospitals, Diagnostic Centers, & Surgical Centers
    1. By Value
  3. Ambulatory Care Centers
    1. By Value
  4. Research Laboratories & Academic Institutes
    1. By Value
5. Brazil
  1. By Product
    1. Introduction
      1. Product By Value
    2. Occlusion Removal Devices
      1. By Value
    3. Embolization Devices
      1. By Value
    4. Support Devices
      1. By Value
  2. By Application
    1. Introduction
      1. Application By Value
    2. Neurology
      1. By Value
    3. Cardiology
      1. By Value
    4. Peripheral Vascular Diseases
      1. By Value
    5. Urology
      1. By Value
    6. Oncology
      1. By Value
    7. Gynecology
      1. By Value
  3. By End User
    1. Introduction
      1. End User By Value
    2. Hospitals, Diagnostic Centers, & Surgical Centers
      1. By Value
    3. Ambulatory Care Centers
      1. By Value
    4. Research Laboratories & Academic Institutes
      1. By Value
6. Mexico
7. Argentina
8. Chile
9. Colombia
10. Rest Of LATAM
COMPETITIVE ASSESSMENT
1. Adoption Matrix
2. Occlusion Devices Market Share By Manufacturers
3. Occlusion Devices Market Ranking By Revenue For Manufacturers
4. Average Price By Manufacturers
5. Vendor Footprint Analysis
MARKET PLAYERS ASSESSMENT
1. Acrostak
  1. Overview
  2. Business Information
  3. Revenue
  4. ASP
  5. Gross Margin
  6. Swot Analysis
  7. Recent Developmments
2. Abbott Laboratories
3. Asahi Intecc
4. Angiodynamics
5. Cardinal Health
6. Avinger
7. Edwards Lifesciences
8. Cook Group
9. Stryker Corporation
10. Penumbra
11. B. Braun Melsungen AG
12. Terumo Corporation
13. Medtronic Plc.
14. Meril Life Sciences Pvt. Ltd.
15. MicroPort Scientific Corporation
16. Biosensors International Group Ltd.
17. Boston Scientific Corporation
18. Elixir Medical Corporation
19. Kyoto Medical Planning Co. Ltd`
RESEARCH METHODOLOGY
1. Research Data
  1. Secondary Data
    1. Major Secondary Sources
    2. Key Data From Secondary Sources
  2. Primary Data
    1. Key Data From Primary Sources
    2. Breakdown Of Primaries
  3. Secondary And Primary Research
    1. Key Industry Insights
2. Market Size Estimation
  1. Bottom-Up Approach
  2. Top-Down Approach
  3. Market Projection
3. Research Assumptions
  1. Assumptions
4. Limitations
5. Risk Assessment
APPENDIX
1. Discussion Guide
2. Customization Options
3. Related Reports
DISCLAIMER

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News Media

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Occlusion Devices Market Size is projected to grow at a CAGR of 5.1%: Straits Research

The global occlusion devices market accounted for over USD 2.8 Billion in 2022 and is expected to grow at a CAGR of 5.1% during the forecast period, 2023-2031. North America is expected to dominate the market.

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Occlusion Devices Market Size is projected to grow at a CAGR of 5.1%: Straits Research

The global occlusion devices market accounted for over USD 2.8 Billion in 2022 and is expected to grow at a CAGR of 5.1% during the forecast period, 2023-2031. North America is expected to dominate the market.

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