New York, NY -- (SBWIRE) -- 09/30/2020 -- Occlusion devices are used to treat several defects and medical conditions like closing of a blood vessel, blockage, and hallow organs. They are extensively used to treat cardiac defects like blockages in coronary arteries and also widely used in gynecology, oncology, urology, neurology, and others. In cardiology, the occlusion devices are majorly used for left Atrial Appendage (LAA). According to researchers, these devices reduce the risk of stroke with AFib and can be an ideal substitute for patients who do not wish for or are unable to long term anticoagulation treatment. Threes devices are upgraded developed and approved and are expected to witness higher demand in the near future.

Among these, atrial septal occlusion devices are also prominently used. These are the implantable devices used on patients who are dealing with atrial septal flaws. They are widely used in cases of atrial septal flaws with ventricle enlargement or right atrial in order to avoid paradoxical embolism, or platypnea-orthodeoxia syndrome, or left-to-right shunting. Nonetheless, only secundum atrial septal flaws are ideal for closure with such devices. Devices that are inserted percutaneously are used with a catheter and comprises self-expanding double disk including nitinol mesh. The disks stay on both sides of the septal flaws and occlude the flaw.

Major Key Players of the Occlusion Devices Market are:
Abbott, Cardinal Health, Boston Scientific Corporation, Medtronic, Edwards Lifesciences Corporation, BD, ASAHI INTECC CO., LTD., BVM Medical Limited, Acrostak Int., Cook, and others.

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Occlusion Devices Market accounted for over ~US$ 2.9 billion in 2019. It is anticipated to grow at a CAGR of 5.2% from 2020 to 2030. The growth of the occlusion devices market can be attributed to several factors, such as the preference for minimally invasive procedures, growing economies, well-established healthcare settings and the prevalence of cardiovascular and other chronic diseases. Moreover, rising awareness among people regarding disease treatments, increasing health expenditure and the effectiveness of occlusion devices in preventing strokes have further added to the demand for occlusion devices in the treatment of health conditions worldwide. Furthermore, the efficiency and availability of specific occlusion devices to treat urological, neurological, and gynecological conditions, among others, are anticipated to drive growth of the occlusion devices market.

Factors, such as the efficiency of occlusion devices, adoption of minimally invasive procedures, favorable reimbursement policies for implantation & surgical procedures and the adoption of image-guided instruments in medical procedures are driving the global occlusion devices market. Amplatzer Piccolo Occluder is a pea-sized, minimally invasive, percutaneous trans-catheter occlusion device used in the treatment of patent ductus arteriosus (PDA). It is a common congenital disorder that results in a life-threatening opening in the heart of premature infants and newborns. The FDA (Food and Drug Administration) approved Abbott's Amplatzer Piccolo Occluder in January 2019. In March 2019, the device was first implanted in a premature baby with PDA at the Le Bonheur Children's Hospital in Tennessee, United States.

Major Types of Occlusion Devices Market covered are:
Embolization Devices
Occlusion Removal Devices
Tubal Occlusion Devices
Support Devices

Major Applications of Occlusion Devices Market covered are:
Cardiology
Gynecology
Neurology
Oncology
Peripheral Vascular Disease, and Urology

Research objectives:-

– To study and analyze the global Occlusion Devices consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Occlusion Devices market by identifying its various sub-segments.
– Focuses on the key global Occlusion Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Occlusion Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Occlusion Devices Market Size
2.2 Occlusion Devices Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Occlusion Devices Market Size by Manufacturers
3.2 Occlusion Devices Key Players Head office and Area Served
3.3 Key Players Occlusion Devices Product/Solution/Service
3.4 Date of Enter into Occlusion Devices Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Occlusion Devices Sales by Product
4.2 Global Occlusion Devices Revenue by Product
4.3 Occlusion Devices Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Occlusion Devices Breakdown Data by End User

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In the end, Occlusion Devices industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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