Embolization Particle Market, by Product type (Radioembolization Spheres, Microspheres, Drug Eluting Beads, PVA Particles & Gelfoam Particles, and Other Particles), by Application (Peripheral Vascular Disease, Neurology, Oncology, Urology, and Others), by End User (Hospitals & Clinics, Ambulatory Centers, and Others) and by Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) — Size, Share, Outlook, and Opportunity Analysis, 2018–2026

  • To Be Published : Jan 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Embolization is a minimally invasive therapy in which an embolus is injected to stop bleeding or to cut off the supply of blood to a tumor in order to shrink it for preparation of its removal. Embolization is used in various interventional radiology procedures. In this procedure, an interventional radiologist uses image guidance to insert the catheter into a primary artery and advance it to vessel leading to a tumor or other part where the blood supply needs to be blocked. Embolization is an option for some patients with tumors that cannot be removed by surgery. It can be used for tumors that are usually larger than 5 cm thickness and cannot be removed by ablation. This procedure is used to treat various types of cancerous tumors, hemorrhages, along with the management of malignant hypertension caused by renal failure.

Embolization procedure uses various types of embolization particles such as radioembolization spheres, microspheres, drug eluting beads, PVA particles, gelfoam particles, and other particles. These particles are used in different procedures such as liver cancer, metastatic cancer in the liver, kidney cancer, neuroendocrine tumors, uterine fibroids, and aneurysms. These particles are highly used in the treatment of various types of cancers whose prevalence has been increasing across the globe.

Embolization Particle Market - Market Dynamics

The market for embolization particle is driven by factors such as increasing prevalence of various types of cancer.  

Embolization particles are the crucial product used in the treatment of malignancies such as cancer, peripheral diseases, and others. Rising prevalence of cancer globally, has supported growth of the embolization particle market. According to World Health Organization (WHO), cancer is the second prominent cause of death across the globe, and around 9.6 million deaths occurred due to cancer in 2018. Moreover, as per the Cancer Research UK, over 17 million new cases were estimated to occur in year 2018 around the globe. The burden of cancer is increasing rapidly in the U.S. with the incidence of 439.2 per 100,000 men and women per year as according to National Cancer Institute (2015).

Moreover, major players are constantly introducing technologically advanced products with improved efficiency that supports growth of the embolization particle market. For instance, in 2017, Sirtex introduced SIR-Spheres Y-90 resin microspheres, which serves as first-line treatment for patients with liver metastases from right-sided primary colon cancer. In 2016, UK National Institute for Health and Care Excellence (NICE) issued a new update stating that National Health Service (NHS) doctors and commissioners may consider Sirtex’s SIR-Spheres Y-90 resin microspheres as an alternative to standard therapy with trans-arterial chemoembolization (TACE) or sorafenib in the treatment of patients with inoperable primary liver cancer.

However, lesser number of interventional neuroradiologists and interventional neuroradiology (INR) labs across the globe and stringent regulations for embolization particle approvals are some of the major factors restraining growth of the global embolization particle market.

Embolization Particle Market – Regional Insights

On the basis of geography, the global embolization particle market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America would be dominant region in the global embolization particle market in 2017. This is owing to the strong economic condition, huge expansion of healthcare domain, and increasing focus of research institutions on modernizing technology for new and advanced diagnosis and treatment methods. Moreover, unique hospital infrastructures, and availability of skilled healthcare professionals is further aiding growth of the market. 

On the other hand, Asia Pacific is expected to witness significant growth in embolization particle market during the forecast period, owing to increasing patient population (mainly cancer) in emerging economies such as India. For instance, according to Indian Council Medical Research (ICMR), it is expected that over 17.3 lakh new cancer cases and over 8.8 lakh deaths will occur in India due to cancer by 2020. Moreover, growing focus by government on enhancing healthcare facilities and booming medical tourism is expected to boost growth of the embolization particle market in this region.

Embolization Particle Market – Competitive Landscape

Major players operating in the embolization particle markets include, Abbott Laboratories, Boston Scientific Corporation, BTG plc, Cook Medical, Inc., Edwards Lifesciences, Johnson & Johnson, Pfizer, Inc., Sirtex Medical Limited, St. Jude Medical, Inc., and Terumo Corporation.

Key players are focusing on mergers & acquisitions and new product launches in order to retain dominant position in the market. For instance, in November 2018, Boston Scientific announced it plans to acquire BTG plc is a global healthcare company focused on interventional medicine. This will help the company to develop and commercialize products used in minimally-invasive procedures targeting cancer and vascular diseases

Embolization Particle Market Taxonomy

On the basis of product type, the global embolization particle market is segmented into:

  • Radioembolization Spheres
  • Microspheres
  • Drug Eluting Beads
  • PVA Particles & Gelfoam Particles
  • Other Particles

On the basis of application, the global embolization particle market is segmented into:

  • Peripheral Vascular Disease
  • Neurology
  • Oncology
  • Urology
  • Others

On the basis of end-user, the global embolization particle market is segmented into:

  • Hospitals & Clinics
  • Ambulatory Centers
  • Others

On the basis of treatment, the global embolization particle market is segmented into:

  • Urethral Dilation
  • Direct Vision Internal Urethrotomy (DVIU)
  • Urethroplasty
  • Others

On the basis of geography, the global embolization particle market is segmented into:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.