Vascular Embolization Devices Market by Product and Geography - Forecast and Analysis 2020-2024

Vascular Embolization Devices Market by Product and Geography - Forecast and Analysis 2020-2024

Global Vascular Embolization Devices Market: About this market

Technavio’s vascular embolization devices market analysis considers sales from both coiling and non-coiling devices. Our study also finds the sales of vascular embolization devices in Asia, Europe, North America, and ROW. In 2019, the coiling segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing prevalence of cancer and vascular diseases will play a significant role in the coiling segment to maintain its market position. Also, our global vascular embolization devices market report looks at factors such as increasing prevalence of vascular diseases, rising number of new product launches, and growing number of M&A activities. However, high costs associated with embolization procedures, frequent product recalls, and stringent regulations and complications associated with embolization procedures may hamper the growth of the vascular embolization devices industry over the forecast period.

Global Vascular Embolization Devices Market: Overview

Rising number of new product launches

Healthcare equipment manufacturers are exploring the potential opportunities to convert the increased demand for medical devices into a continuous cycle of innovation and improvisation for enhanced products. Vendors in the market are launching an array of new product lines to offer better options to buyers. In addition, key players in the market are developing new coils with various technological innovations. Thus, increasing product launches coupled with rising technological innovations in the device designing process will lead to the expansion of the global vascular embolization devices market at a CAGR of almost 6% during the forecast period.

Innovations in embolization products and procedures

Technological advancements and innovations in embolization devices have increased their adoption in the treatment of chronic conditions such as cancer and neurovascular diseases. Innovations in vascular embolization devices, including coils, particles, plugs, and liquid embolic, have enables physicians to perform embolization procedures with more ease and accuracy, which has driven the demand for vascular embolization devices. The embolic agents, developed by scientists at the University of Minnesota, are made of organic materials, which degrade at a controlled rate and are reabsorbed by the body. Another innovative advancement noted in the market is microvascular plugs, which can be used in microcatheters. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global vascular embolization devices market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global vascular embolization devices market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vascular embolization devices manufacturers, that include Abbott Laboratories, Boston Scientific Corp., Cook Group, Johnson & Johnson Services Inc., Medtronic Plc, Merit Medical Systems Inc., Penumbra Inc., Shape Memory Medical Inc., Stryker Corp., and Terumo Corp.

Also, the vascular embolization devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global healthcare equipment market
      • Table Segments of global healthcare equipment market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Product overview
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
    • Market outlook
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Coiling devices - Market size and forecast 2019-2024
      • Table Coiling devices - Market size and forecast 2019-2024 ($ millions)
      • Table Coiling devices - Year-over-year growth 2020-2024 (%)
    • Non-coiling devices - Market size and forecast 2019-2024
      • Table Non-coiling devices - Market size and forecast 2019-2024 ($ millions)
      • Table Non-coiling devices - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • Asia - Market size and forecast 2019-2024
      • Table Asia - Market size and forecast 2019-2024 ($ millions)
      • Table Asia - Year-over-year growth 2020-2024 (%)
    • ROW - Market size and forecast 2019-2024
      • Table ROW - Market size and forecast 2019-2024 ($ millions)
      • Table ROW - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Product launch details
      • Table M&A and their market impact analysis
    • Market challenges
      • Table Cost of vascular embolization devices
      • Table Product recalls: Overview
      • Table Impact of drivers and challenges
  • Market trends
    • Growing number of strategic alliances
      • Table Types of strategic alliances
    • Funding for start-up companies from venture capitalists and government organizations
    • Innovation in embolization products and procedures
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Abbott Laboratories
      • Table Abbott Laboratories - Vendor overview
      • Table Abbott Laboratories - Business segments
      • Table Abbott Laboratories - Organizational developments
      • Table Abbott Laboratories - Geographic focus
      • Table Abbott Laboratories - Segment focus
      • Table Abbott Laboratories - Key offerings
      • Table Abbott Laboratories - Key customers
    • Boston Scientific Corp.
      • Table Boston Scientific Corp. - Vendor overview
      • Table Boston Scientific Corp. - Business segments
      • Table Boston Scientific Corp. - Organizational developments
      • Table Boston Scientific Corp. - Geographic focus
      • Table Boston Scientific Corp. - Segment focus
      • Table Boston Scientific Corp. - Key offerings
      • Table Boston Scientific Corp. - Key customers
    • Cook Group
      • Table Cook Group - Vendor overview
      • Table Cook Group - Business segments
      • Table Cook Group - Organizational developments
      • Table Cook Group - Key offerings
      • Table Cook Group - Key customers
    • Johnson & Johnson Services Inc.
      • Table Johnson & Johnson Services Inc. - Vendor overview
      • Table Johnson & Johnson Services Inc. - Business segments
      • Table Johnson & Johnson Services Inc. - Organizational developments
      • Table Johnson & Johnson Services Inc. - Geographic focus
      • Table Johnson & Johnson Services Inc. - Segment focus
      • Table Johnson & Johnson Services Inc. - Key offerings
      • Table Johnson & Johnson Services Inc. - Key customers
    • Medtronic Plc
      • Table Medtronic Plc - Vendor overview
      • Table Medtronic Plc - Business segments
      • Table Medtronic Plc - Organizational developments
      • Table Medtronic Plc - Geographic focus
      • Table Medtronic Plc - Segment focus
      • Table Medtronic Plc - Key offerings
      • Table Medtronic Plc - Key customers
    • Merit Medical Systems Inc.
      • Table Merit Medical Systems Inc. - Vendor overview
      • Table Merit Medical Systems Inc. - Product segments
      • Table Merit Medical Systems Inc. - Organizational developments
      • Table Merit Medical Systems Inc. - Geographic focus
      • Table Merit Medical Systems Inc. - Segment focus
      • Table Merit Medical Systems Inc. - Key offerings
      • Table Merit Medical Systems Inc. - Key customers
    • Penumbra Inc.
      • Table Penumbra Inc. - Vendor overview
      • Table Penumbra Inc. - Product segments
      • Table Penumbra Inc. - Organizational developments
      • Table Penumbra Inc. - Geographic focus
      • Table Penumbra Inc. - Segment focus
      • Table Penumbra Inc. - Key offerings
      • Table Penumbra Inc. - Key customers
    • Shape Memory Medical Inc.
      • Table Shape Memory Medical Inc. - Vendor overview
      • Table Shape Memory Medical Inc. - Product segments
      • Table Shape Memory Medical Inc. - Organizational developments
      • Table Shape Memory Medical Inc. - Key offerings
      • Table Shape Memory Medical Inc. - Key customers
    • Stryker Corp.
      • Table Stryker Corp. - Vendor overview
      • Table Stryker Corp. - Business segments
      • Table Stryker Corp. - Organizational developments
      • Table Stryker Corp. - Geographic focus
      • Table Stryker Corp. - Segment focus
      • Table Stryker Corp. - Key offerings
      • Table Stryker Corp. - Key customers
    • Terumo Corp.
      • Table Terumo Corp. - Vendor overview
      • Table Terumo Corp. - Business segments
      • Table Terumo Corp. - Organizational developments
      • Table Terumo Corp. - Geographic focus
      • Table Terumo Corp. - Segment focus
      • Table Terumo Corp. - Key offerings
      • Table Terumo Corp. - Key customers
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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