The growth of the occlusion devices market can be attributed to several factors, such as the preference for minimally invasive procedures, growing economies, well-established healthcare settings and the prevalence of cardiovascular and other chronic diseases. Moreover, rising awareness among people regarding disease treatments, increasing health expenditure and the effectiveness of occlusion devices in preventing strokes have further added to the demand for occlusion devices in the treatment of health conditions worldwide. Furthermore, the efficiency and availability of specific occlusion devices to treat urological, neurological, and gynecological conditions, among others, are anticipated to drive growth of the occlusion devices market.
Major Key Players of the Occlusion Devices Market are:
Abbott, Cardinal Health, Boston Scientific Corporation, Medtronic, Edwards Lifesciences Corporation, BD, ASAHI INTECC CO., LTD., BVM Medical Limited, Acrostak Int., Cook, and others.
Factors, such as the efficiency of occlusion devices, adoption of minimally invasive procedures, favorable reimbursement policies for implantation & surgical procedures and the adoption of image-guided instruments in medical procedures are driving the global occlusion devices market. Amplatzer Piccolo Occluder is a pea-sized, minimally invasive, percutaneous trans-catheter occlusion device used in the treatment of patent ductus arteriosus (PDA). It is a common congenital disorder that results in a life-threatening opening in the heart of premature infants and newborns. The FDA (Food and Drug Administration) approved Abbott’s Amplatzer Piccolo Occluder in January 2019. In March 2019, the device was first implanted in a premature baby with PDA at the Le Bonheur Children’s Hospital in Tennessee, United States.
The Occlusion Devices Market is segmented on the basis of Product, Applications and region.
Major Product of Occlusion Devices Market covered are:
- Embolization Devices
- Occlusion Removal Devices
- Tubal Occlusion Devices
- Support Devices
Major Applications of Occlusion Devices Market covered are:
- Cardiology
- Gynecology
- Neurology
- Oncology
- Peripheral Vascular Disease
- Urology
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