Global Embolization Particle Market Share to witness 14.65% CAGR through 2028

Date: February 22, 2023

Global Embolization Particle Market Share to witness 14.65% CAGR through 2028

According to expert predictions, global Embolization Particle Market was worth USD 1,757.63 million in 2022 and is expected to witness a CAGR of 14.65% during the study period, to accumulate USD 4,575.23 million by the end of 2028.

'Global Embolization Particle Market' report offers a comprehensive overview of the industry, serving as a valuable resource for market participants, investors, and stakeholders seeking to gain insights into the lucrative opportunities available during the review timeline. The report assesses the impact of major global events such as the COVID-19 pandemic on the market and the measures taken by players to address the situation. It also includes a detailed evaluation of the competitive landscape and the market share held by leading players.

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COVID-19 impact:

Regarding the COVID-19 impact, the outbreak in 2020 resulted in the closure of production facilities and a shortage of raw materials, causing a significant decrease in manufacturing processes, hindering the growth of global embolization particle market. Additionally, lockdowns and other restrictions led to a sharp drop in consumer spending, negatively impacting the profitability of the business environment.

The pandemic had a severe impact on the potential for growth in commercial, social, economic, and political sectors. The report aims to shed light on the strategies that manufacturers and governments will adopt to meet the predicted increase in demand. Furthermore, the market is expected to grow due to effective vaccination efforts and various initiatives undertaken by major companies in the forthcoming years.

Segmentation & Regional Overview:

Based on type, worldwide embolization particle industry is divided into radio-embolic microspheres (e.g. therasphere and SIRSphere), drug-eluting beads (DEBs), particles (e.g. PVA particles gelfoam particles), and microspheres. With respect to the application landscape, the industry is branched into trauma embolization, liver tumor embolization, prostatic artery embolization, uterine fibroid embolization, and others.

Geographically, the key regions expected to have a significant impact on market yield during the assessment period are Asia Pacific, Europe, Latin America, Middle East & Africa, and North America.

Competitive Analysis:

A competitive landscape is a visual representation of the key players in a market, their market share, and the level of competition among them. It provides an understanding of the market structure, the strengths & weaknesses of key players, and the opportunities & threats that are likely to pose a challenge to their profitability through the assessment timeframe.

Alicon Pharmaceutical Pvt Ltd., Interface Biomaterials B.V., Jiangsu Hengrui Pharmaceuticals Co Ltd., Terumo Corporation, Boston Scientific Corporation, BTG International Limited, Cook Group Incorporated, Merit Medical Systems Inc., and Sirtex Medical Limited are the key competitors in global embolization particle industry.

FAQs:

How are the different segments in global embolization particle market bifurcated by type?

A: radio-embolic microspheres (e.g. therasphere and SIRSphere), drug-eluting beads (DEBs), particles (e.g. PVA particles gelfoam particles), and microspheres are the types of horseradish peroxidase (HRP) assessed in the industry report.

How are the applications in global embolization particle market report bifurcated?

A: With respect to the application landscape, the industry is fragmented into trauma embolization, liver tumor embolization, prostatic artery embolization, uterine fibroid embolization, and others.

Which are the prominent companies influencing global embolization particle market dynamics?

A: Alicon Pharmaceutical Pvt Ltd., Interface Biomaterials B.V., Jiangsu Hengrui Pharmaceuticals Co Ltd., Terumo Corporation, Boston Scientific Corporation, BTG International Limited, Cook Group Incorporated, Merit Medical Systems Inc., and Sirtex Medical Limited are the key competitors in global embolization particle industry.

Which geographical areas are critical to global embolization particle market revenue?

A: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa are the key regions contributing to market revenue.

What is the size of the worldwide market for embolization particle?

A: Global embolization particle market is anticipated to reach USD 4,575.23 million by 2028, presenting a CAGR of 14.65% during the forecast period.

Source Credit:

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