Embolization Coil Market is expected to increase at a CAGR of 8.2% during the Forecast Period

• The global market for embolization coils market was estimated to be worth USD 2.2 billion in 2022, and a compound annual growth rate (CAGR) of 8.2% is anticipated over the course of the projected period.
• The market is expanding considerably due to the rising incidence of neurological, cardiovascular, and oncological conditions. The market is expanding as a result of rising rates of cardiovascular disease and cancer. The World Health Organization states that heart disease is the leading cause of death worldwide.
• Globally, the aging population and growing desire for less invasive procedures are fueling the market's substantial expansion. The market is expanding rapidly due to rising demand for early detection and treatment of malignant tumors.

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Growth Drivers

• Liver tumors and uterine fibroids are more common among the elderly. Additionally, the growing global population of the elderly is a major factor propelling this market's expansion. By preventing blood flow to a specific area, embolization coils are used to treat aneurysms and other vascular problems.
• The market is expanding at a substantial rate because to the rising incidence of brain aneurysms and other vascular disorders. Embolization coil demand has increased as a result of a shift toward minimally invasive surgical techniques, which provide shorter recovery times and less hazards than traditional surgeries. Due to their higher risk of vascular diseases, older persons are driving up demand for embolization coils.

Segmentation

Application

·?????????Neurology

·?????????Cardiology

·?????????Oncology

·?????????Urology

·?????????Peripheral Vascular Disease

Material

·?????????Platinum

·?????????Platinum and Hydrogel

·?????????Platinum Tungston Alloy

Type

·?????????Detachable Coil

·?????????Pushable Coil

End-Users

·?????????Cardiac Centers

·?????????Hospitals

·?????????Ambulatory Centers

Regional Outlook

·?????????Asia Pacific

·?????????North America

·?????????Latin America

·?????????Middle East and Africa

·?????????Europe

?Key Players

·?????????Boston Scientific Corporation

·?????????DePuy Synthes

·?????????Medtronic St. Jude Medical

·?????????Sirtex

·?????????Cook Medical

·?????????Cordis Corporation

·?????????Johnson and Johnson Services, Inc

·?????????Shape Memory Medical, Inc

·?????????Other Players

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