Global Peripheral Embolization Device Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Embolization Guidewires, Microcatheters, Occlusion Systems, Occlusion Balloons, and Platinum Coils.

By End User;

Hospitals, Ambulatory Surgical Centers, and Specialty Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn119411787 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Peripheral Embolization Device Market (USD Million), 2021 - 2031

In the year 2024, the Global Peripheral Embolization Device Market was valued at USD 650.89 million. The size of this market is expected to increase to USD 1045.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The global peripheral embolization device market is experiencing significant growth, driven by an increasing prevalence of vascular diseases and advancements in medical technology. Peripheral embolization devices are crucial in the treatment of conditions such as arteriovenous malformations, aneurysms, and varicose veins. These devices work by blocking blood flow to abnormal blood vessels, preventing hemorrhages, and reducing the risk of complications. The rising geriatric population, who are more susceptible to such vascular conditions, further propels the demand for these medical devices.

Technological innovations and the introduction of minimally invasive procedures have revolutionized the peripheral embolization device market. Companies are continuously developing more efficient and safer devices, such as detachable coils, liquid embolic agents, and bioresorbable materials, to enhance patient outcomes and reduce recovery times. Additionally, the increasing adoption of image-guided procedures has improved the precision and effectiveness of embolization treatments, thereby boosting market growth.

Geographically, North America and Europe dominate the peripheral embolization device market, attributed to their well-established healthcare infrastructure, higher healthcare expenditure, and greater awareness of advanced medical treatments. However, emerging economies in the Asia-Pacific region are expected to witness the fastest growth, driven by increasing healthcare investments, a growing patient population, and improving healthcare facilities. As the market continues to expand, key players are focusing on strategic collaborations, mergers, and acquisitions to strengthen their market position and drive innovation in the field of peripheral embolization.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Peripheral Embolization Device Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of chronic diseases
        2. Technological advancements
        3. Growing geriatric population
        4. Rising demand for minimally invasive procedures
      2. Restraints
        1. High cost of devices and procedures
        2. Regulatory challenges
        3. Limited reimbursement policies
        4. Risk of complications and side effects
      3. Opportunities
        1. Emerging markets in developing countries
        2. Development of new products and technologies
        3. Increasing healthcare expenditure
        4. Rising awareness and screening programs
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Peripheral Embolization Device Market, By Product Type, 2021 - 2031 (USD Million)
      1. Embolization Guidewires
      2. Microcatheters
      3. Occlusion Systems
      4. Occlusion Balloons
      5. Platinum Coils
    2. Global Peripheral Embolization Device Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory surgical centers
      3. Specialty clinics
    3. Global Peripheral Embolization Device Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic
      2. Boston Scientific Corporation
      3. Terumo Corporation
      4. Stryker Corporation
      5. Johnson & Johnson (DePuy Synthes)
      6. Abbott Laboratories
      7. Cook Medical
      8. Penumbra, Inc.
      9. Merit Medical Systems, Inc.
      10. Sirtex Medical Limited
  7. Analyst Views
  8. Future Outlook of the Market