The occlusion devices market is observing high demand attributed to the rising incidence of neurological devices. Several million individuals throughout the world are suffering from neurological disorders, and over 6 million individuals die yearly on account of stroke, with over 80.0% of the deaths occurring in low and middle-income regions. A common application of neurological embolization devices (occlusion devices) is the aneurysm coil embolization procedure, which is deployed in the treatment of brain aneurysms.
The market intelligence report on the occlusion devices market forecasts its growth during the years 2020 to 2027. It examines the market size, share, demand, trends, gross revenue, total earnings and net value after a historical analysis of the data collected from the years 2020 to 2027 while taking 2018 as the base year. The study focuses on the driving factors, restrains and hurdles for the growth of the market. The researcher gives market insights relating to the upcoming areas in the business and the impact of technological innovations on the growth of the market.
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Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key Players Profiled in the Report are:
Boston Scientific, Medtronic PLC, Abbott Laboratories, B. Braun Melsungen, Stryker Corporation, Acrostak AG, Cook Group, Terumo Corporation, Cardinal Health, and Becton, Dickinson, and Company, among others.
Emergen Research has segmented the global occlusion devices market on the basis of product type, application, end-users, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
- 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
Application Outlook (Revenue, USD Billion; 2017-2027)
- Neurology
- Cardiology
- Peripheral Vascular Diseases
- Urology
- Oncology
- Others
End Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals
- Diagnostics Centers
- Ambulatory Surgical Centers
- Research Institutes
- Others
Regional Analysis of the Occlusion Devices Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Overview:
The research report on the Occlusion Devices market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Occlusion Devices business sphere.
Key Objectives of the Report:
- Analysis and estimation of the Occlusion Devices market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Occlusion Devices market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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