Tumor Embolization Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2029
Tumor embolization is the procedure of shutting down the blood supply before planned surgical procedure. The blood vessels supplying blood to tumor which is to be operated can be shut down completely resulting in understanding the clearer margins of the tumor. By shutting down the blood supply the tumor can also be used to deliver the tumor-killing therapy directly. Tumor embolization can be carried out effectively in different parts of the body resulting in managing the tumor related disorders effectively. The outgrown tumor can also hinder in the blood supply to various essential organs and can adversely hamper the body functioning.
Tumor Embolization Market: Drivers and Restraints
Increasing prevalence of the malignant as well as non-malignant excessive skin growth expected to drive the growth of the tumor embolization market. The minimal invasive nature of the tumor embolization further expected to drive the growth the global market. Patients can be operated with local anaesthesia for the tumor embolization procedure and outpatient nature of the procedure further helps to enhance the patient compliance driving the growth of the tumor embolization market. Availability of different tumor embolization techniques provides additional options to physicians which in turn further expected to drive the growth of tumor embolization market. Increasing prevalence of solid tumor cancer across the world expected to drive the growth of the market.
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Tumor embolization plays important role in limiting the growth and spread of the solid cancer which makes the procedure even more effective and hence it is also preferred by the physicians. Various critical sites such as liver where surgery is not an option due to critical nature with higher risks involved, minimal invasive tumor embolization procedure is preferred choice for the successful treatment, in turn driving the growth of the market. The extensive number of clinical trials are being carried out by various manufacturers and other organizations to evaluate the possible use of tumor embolization further expected to drive the growth of the market. Whereas, limited availability of products for tumor embolization may hamper the potential growth of the market.
Tumor Embolization Market: Overview
The global tumor embolization market is expected to witness significant growth rate over the forecast period. By treatment type, the tumor embolization market is expected to be dominated by Drug-eluting bead chemoembolization (DEB-TACE) due to higher effectivity of the procedure among cancer patients. By indication, the global tumor embolization market is expected to be dominated by solid tumor cancer due to higher adoption of the procedure in the solid tumor cancer patients. By end user, the tumor embolization is expected to be dominated by the hospitals due to higher patient footfall for the treatment.
Tumor Embolization Market: Regional Outlook
North America is expected to be the highest revenue generating region in the global tumor embolization market due to higher number pf procedures carried out in the region. Latin America tumor embolization market is expected to witness steady growth over the forecast period due to increasing product availability in the region. Europe is expected to be the second most lucrative region in the global tumor embolization market owing to higher product adoption for the treatment of solid tumor cancer. Asia-Pacific tumor embolization market is expected to witness exponential growth over the forecast period due to upgradation of the healthcare infrastructure as well as increasing product availability. Middle East & Africa is expected to be the least lucrative region in the global tumor embolization market owing to lower product availability.
Tumor Embolization Market: Key Players
The key participants operating in the global tumor embolization market are: Boston Scientific Corporation, Varian Medical Systems, Inc., Nordion, Sirtex Medical, and others.
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