Liquid Embolic Market 2022-2031
New Study Reports "Liquid Embolic Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2031" has been Added on PersistenceMarketResearch.
Report Details:
The Liquid Embolic Market is expected to grow on a vigorous note shortly. Though telemedicine has turned out to be an easily accessible service, proper amalgamation with therapy decisions is of utmost importance. At-home lab tests are a good by-product of telehealth. Remote monitoring and diagnosis are cost-effective. It also saves on downtime. So, saving on time and investing in convenience would be one of the trends of the healthcare vertical in the years to come.
The global liquid embolic market was valued at US$ 231.9 Mn in 2020, and is expected to exhibit a CAGR of around 8.9% over the forecast period (2021-2031).
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Embolization is a procedure that uses certain particles such as tiny gelatine sponges or beads to inhibit blood vessels. The embolization process is used to stop bleeding or inhibit the flow of blood to a tumour or an abnormal area of tissue. Tumor embolization, thus, is a process that is used for treating tumors by blocking blood supply to the tumor cells.
Availability of effective conventional, first-level therapies for the treatment of liver cancer, uterine fibroids, hemorrhagic stroke, and other hemorrhagic conditions is a key driver for market growth. Therapies such as surgery, chemotherapy, and radiation therapy are preferred options in cancer treatment.
Liquid embolic therapy has shown to be safe and effective with high success rate and less post-operative complications. Commercially available liquid embolics have been used to successfully treat hypervascular tumors, peripheral vascular lesions, and varicoceles.
According to Globocan, around 19.3 million cases of cancer were detected in 2020 globally. On the other hand, as per data published by Cancer.Net in 2021, liver cancer is the fifth-most-common cancer in men and the ninth-most-common in women. Rising prevalence of cancer and tumors such as brain tumor will drive demand for liquid embolics over the coming years.
Key Players:
The report has profiled some of the important players prevalent in the global like – Medtronic, Meril Life Sciences Pvt Ltd., Johnson & Johnson, Microvention Inc., Terumo Corporation, Guerbet, Emboflu and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Liquid Embolic Market.
Key Takeaways from Market Study
- Liquid embolic vials, owing to their effectiveness in the storage of large volumes of liquid and ease of use, continue to hold the largest market. This product segment is expected to experience a CAGR of 9.6% through 2031.
- Based on indication, brain arterio-venous malformations (bAVM) is leading with over 44% of market share.
- Hospitals will dominate the liquid embolic market with a market share of nearly 60%.
- By region, North America is slated to dominate the global market for liquid embolics with over 1/3 market share, while experiencing twofold growth over the decade.
“Rising prevalence of tumours & cardiovascular diseases and new product launches & approvals are expected to drive market expansion over the coming years," says an analyst of Persistence Market Research.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Liquid Embolic Market Manufacturers
Liquid Embolic Market Distributors/Traders/Wholesalers
Liquid Embolic Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Liquid Embolic Market - Report Highlights
- A detailed overview of parent market of Liquid Embolic Market
- Changing Liquid Embolic Market dynamics in the industry
- In-depth segmentation of the Liquid Embolic Market
- Historical, current, and projected Liquid Embolic Market size regarding volume and value
- Recent industry trends and developments in Liquid Embolic Market
- Competitive landscape of the Liquid Embolic Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Liquid Embolic Market performance
- Must-have information for Liquid Embolic Market players to sustain and enhance their market footprint
Key Questions Answered in the Liquid Embolic Market Report
How is the Liquid Embolic Market expected to grow over the projected period?
What direction is the Liquid Embolic Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Liquid Embolic Market in future?
What are the key market drivers in the Liquid Embolic Market?
What are significant opportunities and improvement areas for Liquid Embolic Market manufacturers?
What are the key developments and trends taking over the Liquid Embolic Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Liquid Embolic Market?
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