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Embolotherapy Market In 2018, the international embolotherapy market was estimated at USD 3,200.0 million. Due to the widespread incidences of liver cancer, uterine fibroids, vascular disorders, strokes and technical advancements being made in this industry, the market is rising significantly. In addition, growing preference for nominally invasive processes and excessive funds, grants and investments made available to key players by public-private research enterprises are other factors that significantly boost the growth of the global embolotherapy market. Embolotherapy is a type of endovascular therapy designed to block irregular vessels of the blood to manage bleeding, kidneys, arteriovenous malformations, and fistulas. In addition, embolotherapy plays a vital role in the field of medicine, which attempts to achieve occlusion and uses multiple embolic agents and minimally invasive techniques, such as coils, gelfoam, angiography, balloons and catheters. This technique helps to treat a wide range of problems and uses various therapies for the treatment of arthritis embolization and haemorrhoid, such as UFE, TACE and venous embolisation, and is further witnessing technological advancement that contributes to the rampant growth of the global market for embolotherapy.
Embolotherapy Market The key factors driving the growth of the global embolotherapy market are growing the target population of patients along with comprehensive patient preference for minimally invasive techniques. In order to treat many illnesses, such as liver cancer tumours, kidney cancer, hepatocellular, renal cell carcinoma, aneurysms and varicose veins, several patients worldwide require embolotherapy procedures. In addition, excessive demand for minimally invasive surgery procedures, a favourable reimbursement scenario and the introduction of new products are also expected to reinforce the growth of the global market for embolotherapy. In addition, the main factors for the growth of the global embolotherapy market are the growing acceptance of minimally invasive surgical processes such as neurological, vascular and urological, and the presence of a consolidated market structure among healthcare providers along with their increasing purchasing power.
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