DUBLIN--(BUSINESS WIRE)--The "Global Occlusion Devices Market - By Type, Application, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Occlusion Devices Market had a value of 2.70 Billion USD in 2017 and is estimated to reach 3.98 Billion USD by 2023 with a CAGR of 6.68% between 2017 and 2023.
Occlusion device is a technology related to the treatment of different cardiovascular defects, neurological defects, retinal defects and others. These occlusion devices are used to treat occlusion which is medically referred as the blockage or closing of the blood vessels or any hollow organs.
North America leads the Global Occlusion Devices market with a market share of around 35% in 2017 followed by Europe and Asia Pacific. Other region's market is insignificant compared to these regions as the rest of the world has a market share of just 15% of total market value.
For encouraging insurance policies in which they cover 75% of cost of devices and treatment the government of United States of America introduced a Medicare plan in which if the Average cost of Occlusion Device is USD 8000 then US government provides a reimbursement of USD 6000.
Drivers Vs. Constraints
The Global Occlusion Devices Market is mainly run due to the high occurrences of heart related diseases and because of huge demand for disease diagnosis and treatment methods. A raise in the access to the diagnostic services for various chronic diseases boosts the market growth of Global Occlusion Devices Market.
- Boston Scientific
- Terumo Corporation
- Stryker Corporation
- Cardinal Health
- Asahi Intecc
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Occlusion Devices Market Segmentation, Forecasts and Trends - by Type
6. Global Occlusion Devices Market Segmentation, Forecasts and Trends - by Application
7. Global Occlusion Devices Market Segmentation, Forecasts and Trends - by Industry
8. Global Occlusion Devices Market Segmentation, Forecasts and Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global Occlusion Devices Market - Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/8kdmt8/global_occlusion?w=4