According to a recent report by Reports and Data, the global Liquid Embolic market is projected to experience a value-based growth rate of 9.2% from 2019, reaching a market value of USD 3.27 Billion by 2027. Liquid embolic agents play a crucial role in preventing blood supply to aneurysms or tumors, mitigating their growth and adverse effects on vital organs.
The global transcatheter embolization market is being propelled by versatile solutions spanning various medical fields, including peripheral vascular disease (PVD), oncology, urology, and neurology. Although cost-effective clipping and coiling procedures have historically dominated the market, these methods are constrained by complications. Commercially available liquid embolic agents have proven successful in treating conditions such as varicoceles, peripheral vascular lesions, and hypervascular tumors.
The rising incidence of neurovascular diseases, particularly brain aneurysms, is a significant factor influencing market growth. The demographic of individuals aged 65 and above is more susceptible to vascular cancer and related diseases, contributing to an increased demand for liquid embolic solutions. The expanding geriatric population is a key driver, amplifying the market's growth trajectory.
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Next-generation liquid embolic agent is expected to expand the market growth opportunity. Manufacturers are working on the existing flaws of the current product so that they can come up with better agents. The demand for embolization therapies is expected to increase continuously, and without an all-encompassing therapy for situations requiring embolization, there is ample opportunity to introduce solutions that enhance patient lives with better clinical outcomes compared to current transcatheter embolization devices.
In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
Medtronic, Cyberonics, InoMed, Boston Scientific, Codman and Shurtleff. RauMedic, St. Jude Medical, Stryker, Mizuho America, and Integra LifeSciences, among others.
Product Outlook (Revenue, USD Billion; 2016-2027)
- Isobutyl-2-Cyanoacrylate(IBCA)
- Sodium Morrhuate
- Ethanol
- Bletilla Striata
Application Outlook (Revenue, USD Billion; 2016-2027)
- Brain Arteriovenous Malformations
- Tumor and Brain Cancer
- Brain Aneurysm
- Ischemic Stroke
End Users Outlook (Revenue, USD Billion; 2016-2027)
- Hospitals
- Ambulatory Surgical Centers
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Liquid Embolic industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Liquid Embolic manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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