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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Vascular Embolization Market By Technique, By Application, By End User, and Geography
Vascular Embolization Market size is expected to be valued at US$ 2,746.5 million in 2023, growing at an 9.8% CAGR from 2024 to 2030. Embolization is a minimally invasive procedure that stops blood vessels or abnormal vascular channels in target areas. Vascular embolization, an alternative to open surgery, is a procedure to treat abnormal blood vessels in the brain or other parts of the body. This procedure cuts off the blood supply to the target areas. So, basically, vascular embolization is the deliberate obstruction of a blood vessel for medical benefit. By blocking the blood vessels, blood no longer flows through that area. The embolization procedure is less invasive than surgery and performs directly in the target area. The increasing prevalence of vascular diseases, the growing number of cases of chronic diseases, the increasing demand for embolic agents, and the increasing number of road accidents all over the world are the major drivers in the global vascular embolization market growth. According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the leading cause of death worldwide and around 17.9 million death occurs each year (35% of global deaths).
In addition, the global market players are influencing the global market through new product launches, mergers & collaborations. Moreover, the recent advancements in vascular embolization products and procedures are boosting the overall vascular embolization market growth. However, the complication associated with embolization procedures and the high cost associated with them may hinder the global vascular embolization market growth. Although, the reimbursement policies by the government are the key opportunities in the overall vascular embolization market. Geographically, North America held the major market share in 2022 and is expected to dominate the global embolization market in the forecasted years.
Vascular Embolization Market Key Developments:
Study Period
2024-2030Base Year
2023CAGR
9.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The increasing prevalence of vascular diseases across the world is the major market driver in the global vascular embolization market during the forecast period. Vascular disease affects the blood vessels that carry oxygen and nutrients throughout your body. Vascular problems happen because plaque which is made of fat and cholesterol blocks blood flow inside your arteries or veins. Some common vascular diseases are abdominal aortic aneurysms, aortic dissection, arteriovenous malformations, and atherosclerosis. They are common and serious problems in the modern era. Hence, this will drive the global market growth at a significant rate.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 2,746.5 million |
Market CAGR |
9.8% |
By Technique |
|
By Application |
|
By End Users |
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The vascular embolization market size is expected to be valued at US$ 2,746.5 million in 2023, growing at an 9.8% CAGR from 2024 to 2030.
The leading players in the global vascular embolization market are Medtronic PLC, Cook Medical, Stryker Corporation, Johnson and Johnson, Merit Medical Systems Inc., Boston Scientific Corporation, Abbott Laboratories, Penumbra Inc., Terumo Corp, and Shape Memory Medical Inc.
Historic years considered for the market study are 2017 through 2021, 2021 is considered as the base year for market estimation and Seven years forecast presented from 2022 – 2028.
The vascular embolization market faces threats such as regulatory hurdles, reimbursement challenges, and competition from alternative treatment options.
1. Executive Summary |
2. Global Vascular Embolization Market Introduction |
2.1. Global Vascular Embolization Market - Taxonomy |
2.2. Global Vascular Embolization Market - Definitions |
2.2.1. By Technique |
2.2.2. By Application |
2.2.3. By End User |
2.2.4. By Region |
3. Global Vascular Embolization Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Vascular Embolization Market Dynamic Factors - Impact Analysis |
3.6. Global Vascular Embolization Market - Competition Landscape |
3.7. Epidemiology |
4. Global Vascular Embolization Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Vascular Embolization Market, By Technique, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Coiling Devices |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Non-coiling Devices |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global Vascular Embolization Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1. Peripheral Vascular Disease |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Oncology |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Neurology |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Urology |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Vascular Embolization Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. Hospitals |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Ambulatory Surgical Centers |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Diagnostic Centers |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8. Global Vascular Embolization Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Vascular Embolization Market - Opportunity Analysis Index, By Technique, By Application, By End User, and Region, 2024 - 2030 |
9. North America Vascular Embolization Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Coiling Devices |
9.1.2. Non-coiling Devices |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Peripheral Vascular Disease |
9.2.2. Oncology |
9.2.3. Neurology |
9.2.4. Urology |
9.2.5. Others |
9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Hospitals |
9.3.2. Ambulatory Surgical Centers |
9.3.3. Diagnostic Centers |
9.3.4. Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Vascular Embolization Market - Opportunity Analysis Index, By Technique, By Application, By End User, and Country, 2024 - 2030 |
9.6. North America Vascular Embolization Market Dynamics - Trends |
10. Europe Vascular Embolization Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Coiling Devices |
10.1.2. Non-coiling Devices |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Peripheral Vascular Disease |
10.2.2. Oncology |
10.2.3. Neurology |
10.2.4. Urology |
10.2.5. Others |
10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Hospitals |
10.3.2. Ambulatory Surgical Centers |
10.3.3. Diagnostic Centers |
10.3.4. Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Rest of Europe |
10.5. Europe Vascular Embolization Market - Opportunity Analysis Index, By Technique, By Application, By End User, and Country, 2024 - 2030 |
10.6. Europe Vascular Embolization Market Dynamics - Trends |
11. Asia-Pacific Vascular Embolization Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Coiling Devices |
11.1.2. Non-coiling Devices |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Peripheral Vascular Disease |
11.2.2. Oncology |
11.2.3. Neurology |
11.2.4. Urology |
11.2.5. Others |
11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Hospitals |
11.3.2. Ambulatory Surgical Centers |
11.3.3. Diagnostic Centers |
11.3.4. Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. China |
11.4.2. India |
11.4.3. Japan |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Vascular Embolization Market - Opportunity Analysis Index, By Technique, By Application, By End User, and Country, 2024 - 2030 |
11.6. Asia-Pacific Vascular Embolization Market Dynamics - Trends |
12. Latin America Vascular Embolization Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Coiling Devices |
12.1.2. Non-coiling Devices |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Peripheral Vascular Disease |
12.2.2. Oncology |
12.2.3. Neurology |
12.2.4. Urology |
12.2.5. Others |
12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Hospitals |
12.3.2. Ambulatory Surgical Centers |
12.3.3. Diagnostic Centers |
12.3.4. Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Rest of Latin America |
12.5. Latin America Vascular Embolization Market - Opportunity Analysis Index, By Technique, By Application, By End User, and Country, 2024 - 2030 |
12.6. Latin America Vascular Embolization Market Dynamics - Trends |
13. Middle East and Africa Vascular Embolization Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. Technique Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Coiling Devices |
13.1.2. Non-coiling Devices |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Peripheral Vascular Disease |
13.2.2. Oncology |
13.2.3. Neurology |
13.2.4. Urology |
13.2.5. Others |
13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Hospitals |
13.3.2. Ambulatory Surgical Centers |
13.3.3. Diagnostic Centers |
13.3.4. Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. South Africa |
13.4.3. Rest of MEA |
13.5. MEA Vascular Embolization Market - Opportunity Analysis Index, By Technique, By Application, By End User, and Country, 2024 - 2030 |
13.6. MEA Vascular Embolization Market Dynamics - Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Key Techniques, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. Medtronic PLC |
14.2.2. Cook Medical |
14.2.3. Stryker Corporation |
14.2.4. Johnson and Johnson |
14.2.5. Merit Medical Systems Inc. |
14.2.6. Boston Scientific Corporation |
14.2.7. Abbott Laboratories |
14.2.8. Penumbra Inc. |
14.2.9. Terumo Corp |
14.2.10. Shape Memory Medical Inc. |
15. Research Methodology |
16. Key Assumptions and Acronyms |
Key Market Players