Tumor Embolization Devices Global Market Sees Growth Rate Of 12% Through 2026

The global tumor embolization devices market size is expected to grow from $1.29 billion in 2021 to $1.44 billion in 2022 at a compound annual growth rate (CAGR) of 11.7%. The global tumor embolization device market is expected to grow to $2.27 billion in 2026 at a CAGR of 11.9%.

What is the Global Tumor Embolization Devices Market?

The tumor embolization devices market consists of sales of tumor embolization devices and related services by entities (organizations, sole traders, and partnerships) that manufacture tumor embolization devices. Tumor embolization devices are minimally invasive devices used in the treatment of tumors. These devices are used either to shut down the supply of blood to the tumor or to deliver tumor-killing therapy directly to the tumor.

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What drives the Global Tumor Embolization Devices Market?

The rise in the number of cancer cases across the globe is likely to contribute to the growth of the tumor embolization devices market during the forecast period. The four most common types of cancers worldwide are lung, prostate, bowel, and female breast cancer, accounting for 43% of all new cancer cases. Therefore, the rise in cancer incidence rate globally is anticipated to boost the demand for the tumor embolization market over the forthcoming years.

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Global Tumor Embolization Devices Market Segments
The global tumor embolization devices market is segmented:
By Type: Radioembolic Agents, Non-Radioactive Embolic Agents
By Application: Cancer Tumors, Noncancerous Tumors
By End-User: Hospitals, Cancer Treatment Centers, Intensive Care Units, Surgical Centers
By Geography: The regions covered in the tumor embolization devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Tumor Embolization Devices Global Market Report 2022provides market size and growth forecasts for the global tumor embolization devices market, global tumor embolization devices market share, tumor embolization devices market segments and geographies, tumor embolization devices market competitive landscape including leading competitors’ revenues, profiles and market shares. The tumor embolization devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Tumor Embolization Devices Industry Playersinclude Boston Scientific Corporation, Medtronic plc, Terumo Corporation, Sirtex Medical Ltd, Merit Medical, Cook Meidical LLC, BTG Plc, Angiodynamics, and Siemens Healthineers. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.