Top Growth Trends in the Occlusion Devices Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Occlusion Devices Market?
The rise in the preference for less invasive procedures is anticipated to spur the occlusion devices market’s expansion. Less invasive surgeries involve the use of tiny incisions or natural body openings to reach and treat internal structures, organs, or tissues, resulting in less bodily trauma for the patient. These less invasive approaches offer medical, financial, and cosmetic advantages that are attractive to both patients and healthcare providers, thereby fuelling their demand across a wide range of medical fields. Occlusion devices, used in less invasive treatments to obstruct or seal blood vessels, ducts, or other routes in the body, are often employed in interventional cardiology, radiology, among other fields to address issues like aneurysms, abnormal blood circulation, or congenital heart anomalies. For example, Intuitive Surgical Inc., a US-based tech corporation that specializes in less invasive care items, reported that roughly 1,875,000 operations were carried out using vinci surgical systems in 2022, marking an increase of about 18% from around 1,594,000 operations in 2021. Consequently, the escalating demand for less invasive methods is fueling the occlusion devices market’s advancement.
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#What is the Growth Potential of the Occlusion Devices Market, and How Will It Perform by 2034?
Over the past few years, there has been substantial growth in the occlusion devices market. The market, valued at $3.83 billion in 2024 is set to rise to around $4.2 billion in 2025, experiencing a compound annual growth rate (CAGR) of 9.6%. This significant growth observed in the previous years is due to various factors such as the increasing demand for simplified medical device facilities, enhanced diagnostic service availability, escalated investments in healthcare infrastructure, surging occurrence of chronic diseases, and a rise in spending on research and development.
The market for occlusion devices is predicted to experience significant expansion in the forthcoming years, with its value expected to escalate to $6 billion by 2029, displaying a compound annual growth rate (CAGR) of 9.4%. Factors contributing to growth during this forecasted time frame include a surging older population, a growing number of obesity cases, rising incidences of cardiovascular diseases, increasing hypertension, and a jump in stroke occurrences. The forecast period is expected to see trends such as evolution in technology, advancements in design, improvement in the accuracy and efficiency of occlusion devices, innovative product development, and the integration of 3D printing technologies.
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What New Market Trends Are Reshaping theOcclusion Devices Market and Its Opportunities?
Leading businesses in the occlusion devices market are endeavoring to form novel products, such as aortic occlusion devices, to improve minimally invasive procedures and boost the results for patients. Aortic occlusion devices are specialized medical instruments used to obstruct or limit blood flow in the aorta, commonly utilized in aortal surgeries and to control certain kinds of aneurysms or crises. Take, for example, Front Line Medical Technologies Inc, an American medical device firm, which in February 2022, introduced COBRA-OS, a type of aortic occlusion device. Designed for use in critical medical situations, particularly resuscitative endovascular balloon occlusion of the aorta (REBOA) procedures, the COBRA-OS’s notably smaller size (4 F) decreases the duration of the procedures and risk of complications. The COBRA-OS allows for complete, intermittent, or partial occlusion as per the needs of the patient and features a uniquely designed safety shoulder reservoir to prevent ruptures in the aorta during inflation. COBRA-OS has received approval from Health Canada and clearance from the US Food and Drug Administration (FDA) for use.
Who Are the Leading Market Players Fueling Growth in the Occlusion Devices Market Trend?
Major companies operating in the occlusion devices market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic PLC, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Edwards Lifesciences Corporation, Cook Group Incorporated, Merit Medical Systems Inc., Lepu Medical Technology (Beijing) Co. Ltd., MicroPort Scientific Corporation, Tokai Corporation, Penumbra Inc., Asahi Intecc Co. Ltd., Angiodynamics Inc., LeMaitre Vascular Inc., Biosensors International Group Ltd., Elixir Medical Corporation, Vascular Concepts Ltd., Acrostak Corporation
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How is the Global Occlusion Devices Market Segemented?
The occlusion devices market covered in this report is segmented –
1) By Product: Occlusion Removal Devices, Embolization Devices, Tubal Occlusion Devices, Support Devices
2) By Application: Neurology, Cardiology, Peripheral Vascular Diseases, Urology, Oncology, Gynecology
3) By End User: Hospitals Diagnostic Centers And Surgical Centers, Ambulatory Care Centers, Research Laboratories And Academic Institutes
Subsegments:
1) By Occlusion Removal Devices: Thrombectomy Devices, Catheter-Based Occlusion Removal Devices, Aspiration Systems, Mechanical Clot Retrieval Systems
2) By Embolization Devices: Coil Embolization Devices, Particle Embolization Devices, Balloon Embolization Devices, Gel Embolic Agents, Liquid Embolic Agents, Stent-Assisted Embolization Devices
3) By Tubal Occlusion Devices: Essure Devices, Hysteroscopic Sterilization Systems, Fallopian Tube Clips, Tubal Ligation Devices
4) By Support Devices: Occlusion Catheters, Guidewires For Occlusion, Supportive Sheaths, Stent-Grafts For Occlusion Support
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Which Geographics are Influencing the Growth of the Occlusion Devices Market?
North America was the largest region in the occlusion devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the occlusion devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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