Report ID: SQMIG35A2550
Report ID:
SQMIG35A2550 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
94 |
Figures:
76
Occlusion Devices Market size was valued at USD 2.94 Billion in 2023 and is poised to grow from USD 3.09 Billion in 2024 to USD 4.6 Billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).
The global occlusion devices market is experiencing significant growth due to several factors. The increasing prevalence of cardiovascular diseases, neurovascular disorders, and peripheral vascular diseases is driving the demand for occlusion devices.
These devices, including occlusion removal devices, embolization devices, and support devices, play a crucial role in the treatment of such conditions.
The rising aging population, along with advancements in minimally invasive surgical procedures, is further fueling market growth. Additionally, the growing adoption of endovascular procedures and the increasing preference for outpatient settings, such as ambulatory surgical centers, are boosting the demand for occlusion devices.
Geographically, North America holds a substantial share in the market, attributed to the high prevalence of cardiovascular diseases and the presence of key market players in the region. Europe and Asia-Pacific are also witnessing significant growth due to the increasing healthcare infrastructure, rising awareness, and expanding patient population.
Overall, the occlusion devices market is expected to continue its upward trajectory in the coming years.
US Occlusion Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35A2550