Press release
Transforming the Occlusion Devices Market in 2025: Minimally Invasive Surgery Driving Growth In Uterine Fibroid Embolization Device Market
"What Is the Expected Size and Growth Rate of the Occlusion Devices Market?
The market size of occlusion devices has seen significant growth in the past few years. The market is expected to expand from $3.83 billion in 2024 to $4.2 billion in 2025, with a compound annual growth rate (CAGR) of 9.6%. Factors contributing to the growth in the historical period include the escalating demand for minimal facilities of medical devices, increased access to diagnostic services, amplified investment in healthcare infrastructure, high occurrence of chronic illnesses, and the rise in expenditure on research and development.
The market for occlusion devices is projected to witness robust growth in the coming years, reaching a worth of $6 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 9.4%. This predicted growth during the forecast period can be traced back to factors such as a surge in the elderly population, an escalation in obesity rates, the rise in heart disease cases, mounting hypertension levels, and an increase in stroke incidences. The upcoming trends during this period encompass evolving technology and innovation, technological leaps, the creation of more accurate and effective occlusion devices, product innovations, and the incorporation of 3D printing techniques.
What Factors Are Fueling Growth in the Occlusion Devices Market?
The surge in the preference for minimally invasive methods is projected to spur the expansion of the occlusion devices market in the future. These techniques, which involve small incisions or the use of natural body openings for internal treatment, reduce trauma to the patient's body. The medical, financial, and cosmetic advantages of minimally invasive techniques are attractive to both patients and healthcare professionals, boosting demand across various medical specialties. Occlusion devices, employed in minimally invasive treatments to seal blood vessels or other body pathways, are commonly used in interventional cardiology, radiology or similar sectors to manage conditions like aneurysms, abnormal blood flow or congenital heart defects. For example, in January 2023, Intuitive Surgical Inc., a US technology company specializing in minimally invasive care items, reported approximately 1,875,000 surgeries done using Vinci surgical systems in 2022, marking roughly an 18% increase from about 1,594,000 surgeries in 2021. Hence, the escalating demand for minimally invasive methods propels the expansion of the occlusion devices market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20584&type=smp
Which Leading Companies Are Shaping the Growth of the Occlusion Devices Market?
Major companies operating in the occlusion devices market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic PLC, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Edwards Lifesciences Corporation, Cook Group Incorporated, Merit Medical Systems Inc., Lepu Medical Technology (Beijing) Co. Ltd., MicroPort Scientific Corporation, Tokai Corporation, Penumbra Inc., Asahi Intecc Co. Ltd., Angiodynamics Inc., LeMaitre Vascular Inc., Biosensors International Group Ltd., Elixir Medical Corporation, Vascular Concepts Ltd., Acrostak Corporation
Which Leading Companies Are Shaping the Growth of the Market?
Key players in the occlusion devices market are prioritizing the creation of innovative products, particularly aortic occlusion devices. This innovation aims to progress minimally invasive practices and enhance the results for patients. Aortic occlusion tools are typically utilized in surgeries and cases relating to aneurysms or emergencies, acting as a barrier to blood flow in the aorta. An example of this innovation can be seen with the release of the COBRA-OS, an aortic occlusion tool, by Front Line Medical Technologies Inc. The US-based medical equipment company announced this development in February 2022. The device, designed for critical medical situations such as resuscitative endovascular balloon occlusion of the aorta (REBOA) procedures, comes in a notably smaller 4 F size which contributes to reduced procedure duration and lower risk of complications. Tailored to the patient's needs, the COBRA-OS can provide varying levels of occlusion. One of its unique features includes a thoughtfully designed safety shoulder reservoir, aiding in the prevention of aortic rupture during expansion. The COBRA-OS device has been approved by Health Canada and authorized by the Food and Drug Administration (FDA) for use in the United States.
What Are the Key Segments of the Occlusion Devices Market?
The occlusion devices market covered in this report is segmented -
1) By Product: Occlusion Removal Devices, Embolization Devices, Tubal Occlusion Devices, Support Devices
2) By Application: Neurology, Cardiology, Peripheral Vascular Diseases, Urology, Oncology, Gynecology
3) By End User: Hospitals Diagnostic Centers And Surgical Centers, Ambulatory Care Centers, Research Laboratories And Academic Institutes
Subsegments:
1) By Occlusion Removal Devices: Thrombectomy Devices, Catheter-Based Occlusion Removal Devices, Aspiration Systems, Mechanical Clot Retrieval Systems
2) By Embolization Devices: Coil Embolization Devices, Particle Embolization Devices, Balloon Embolization Devices, Gel Embolic Agents, Liquid Embolic Agents, Stent-Assisted Embolization Devices
3) By Tubal Occlusion Devices: Essure Devices, Hysteroscopic Sterilization Systems, Fallopian Tube Clips, Tubal Ligation Devices
4) By Support Devices: Occlusion Catheters, Guidewires For Occlusion, Supportive Sheaths, Stent-Grafts For Occlusion Support
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/occlusion-devices-global-market-report
Which Region Dominates the Occlusion Devices Market?
North America was the largest region in the occlusion devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the occlusion devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Occlusion Devices Global Market Report?
- Market Size Analysis: Analyze the occlusion devices Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the occlusion devices market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall occlusion devices market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the occlusion devices market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20584
"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
•LinkedIn: https://in.linkedin.com/company/the-business-research-company
•Twitter: https://twitter.com/tbrc_info
•YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
The market size of occlusion devices has seen significant growth in the past few years. The market is expected to expand from $3.83 billion in 2024 to $4.2 billion in 2025, with a compound annual growth rate (CAGR) of 9.6%. Factors contributing to the growth in the historical period include the escalating demand for minimal facilities of medical devices, increased access to diagnostic services, amplified investment in healthcare infrastructure, high occurrence of chronic illnesses, and the rise in expenditure on research and development.
The market for occlusion devices is projected to witness robust growth in the coming years, reaching a worth of $6 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 9.4%. This predicted growth during the forecast period can be traced back to factors such as a surge in the elderly population, an escalation in obesity rates, the rise in heart disease cases, mounting hypertension levels, and an increase in stroke incidences. The upcoming trends during this period encompass evolving technology and innovation, technological leaps, the creation of more accurate and effective occlusion devices, product innovations, and the incorporation of 3D printing techniques.
What Factors Are Fueling Growth in the Occlusion Devices Market?
The surge in the preference for minimally invasive methods is projected to spur the expansion of the occlusion devices market in the future. These techniques, which involve small incisions or the use of natural body openings for internal treatment, reduce trauma to the patient's body. The medical, financial, and cosmetic advantages of minimally invasive techniques are attractive to both patients and healthcare professionals, boosting demand across various medical specialties. Occlusion devices, employed in minimally invasive treatments to seal blood vessels or other body pathways, are commonly used in interventional cardiology, radiology or similar sectors to manage conditions like aneurysms, abnormal blood flow or congenital heart defects. For example, in January 2023, Intuitive Surgical Inc., a US technology company specializing in minimally invasive care items, reported approximately 1,875,000 surgeries done using Vinci surgical systems in 2022, marking roughly an 18% increase from about 1,594,000 surgeries in 2021. Hence, the escalating demand for minimally invasive methods propels the expansion of the occlusion devices market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20584&type=smp
Which Leading Companies Are Shaping the Growth of the Occlusion Devices Market?
Major companies operating in the occlusion devices market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic PLC, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Edwards Lifesciences Corporation, Cook Group Incorporated, Merit Medical Systems Inc., Lepu Medical Technology (Beijing) Co. Ltd., MicroPort Scientific Corporation, Tokai Corporation, Penumbra Inc., Asahi Intecc Co. Ltd., Angiodynamics Inc., LeMaitre Vascular Inc., Biosensors International Group Ltd., Elixir Medical Corporation, Vascular Concepts Ltd., Acrostak Corporation
Which Leading Companies Are Shaping the Growth of the Market?
Key players in the occlusion devices market are prioritizing the creation of innovative products, particularly aortic occlusion devices. This innovation aims to progress minimally invasive practices and enhance the results for patients. Aortic occlusion tools are typically utilized in surgeries and cases relating to aneurysms or emergencies, acting as a barrier to blood flow in the aorta. An example of this innovation can be seen with the release of the COBRA-OS, an aortic occlusion tool, by Front Line Medical Technologies Inc. The US-based medical equipment company announced this development in February 2022. The device, designed for critical medical situations such as resuscitative endovascular balloon occlusion of the aorta (REBOA) procedures, comes in a notably smaller 4 F size which contributes to reduced procedure duration and lower risk of complications. Tailored to the patient's needs, the COBRA-OS can provide varying levels of occlusion. One of its unique features includes a thoughtfully designed safety shoulder reservoir, aiding in the prevention of aortic rupture during expansion. The COBRA-OS device has been approved by Health Canada and authorized by the Food and Drug Administration (FDA) for use in the United States.
What Are the Key Segments of the Occlusion Devices Market?
The occlusion devices market covered in this report is segmented -
1) By Product: Occlusion Removal Devices, Embolization Devices, Tubal Occlusion Devices, Support Devices
2) By Application: Neurology, Cardiology, Peripheral Vascular Diseases, Urology, Oncology, Gynecology
3) By End User: Hospitals Diagnostic Centers And Surgical Centers, Ambulatory Care Centers, Research Laboratories And Academic Institutes
Subsegments:
1) By Occlusion Removal Devices: Thrombectomy Devices, Catheter-Based Occlusion Removal Devices, Aspiration Systems, Mechanical Clot Retrieval Systems
2) By Embolization Devices: Coil Embolization Devices, Particle Embolization Devices, Balloon Embolization Devices, Gel Embolic Agents, Liquid Embolic Agents, Stent-Assisted Embolization Devices
3) By Tubal Occlusion Devices: Essure Devices, Hysteroscopic Sterilization Systems, Fallopian Tube Clips, Tubal Ligation Devices
4) By Support Devices: Occlusion Catheters, Guidewires For Occlusion, Supportive Sheaths, Stent-Grafts For Occlusion Support
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/occlusion-devices-global-market-report
Which Region Dominates the Occlusion Devices Market?
North America was the largest region in the occlusion devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the occlusion devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Occlusion Devices Global Market Report?
- Market Size Analysis: Analyze the occlusion devices Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the occlusion devices market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall occlusion devices market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the occlusion devices market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20584
"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
•LinkedIn: https://in.linkedin.com/company/the-business-research-company
•Twitter: https://twitter.com/tbrc_info
•YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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