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Embolization Particle Market Share

ID: MRFR//3388-CR | 113 Pages | Author: Rahul Gotadki| November 2017

Embolization Particle Market Share Analysis

The Embolization Particle Market is witnessing significant executive market trends driven by the increasing demand for minimally invasive procedures in oncology and the rising prevalence of cancer worldwide. Embolization particles play a crucial role in these procedures by blocking the blood vessels that supply nutrients to tumors, causing them to shrink and eventually die. This treatment approach is particularly beneficial for large tumors in the liver, kidneys, lungs, or bones. The use of embolization particles in oncology treatment offers various options, including bland embolization and radioembolization. These procedures involve the use of embolization liquid, particles, or microspheres to block the blood vessels and redirect blood flow away from the tumor site. This targeted approach helps in effectively shrinking and eliminating tumors.

The increasing prevalence of cancer is a major driving force behind the growth of the embolization particle market. According to the American Cancer Society, there was a significant increase in the prevalence rate of cancer from 729,000 cases in 2018 to 740,000 cases in 2019 in the United States alone. Similarly, the World Health Organization (WHO) reported that India recorded approximately 1,157,294 new cancer cases in 2018. Globally, WHO estimated the burden of cancer cases to be 18.1 billion in the same year. These statistics highlight the growing number of cancer patients and the subsequent demand for effective treatment options like embolization particles.

The rising rate of cancer patients is expected to drive the demand for embolization particle use in oncology treatment. As more individuals are diagnosed with cancer, there is an increasing need for alternative treatments that offer improved outcomes and reduced invasiveness. Embolization particles provide a minimally invasive approach that can effectively target and treat tumors, making them an attractive option for both healthcare providers and patients.

Furthermore, advancements in technology have contributed to the growth of the embolization particle market. The development of advanced embolization particle materials, improved imaging techniques, and enhanced delivery systems has led to more precise and effective treatments. These technological advancements enable healthcare providers to better target tumors and monitor treatment progress, ultimately improving patient outcomes.

In conclusion, the Embolization Particle Market is witnessing significant executive market trends driven by the increasing demand for minimally invasive procedures in oncology and the rising prevalence of cancer worldwide. The use of embolization particles in targeted treatments offers effective options for shrinking and eliminating tumors. Technological advancements and the expanding demand in emerging markets further contribute to the growth potential of the embolization particle market. As the number of cancer patients continues to rise, the demand for embolization particles is expected to increase, driving market growth in the forecast period.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018- 2022
Forecast Period 2023-2032
Growth Rate 14.20% (2023-2032)
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