Drug Eluting Beads Market

Drug Eluting Beads Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

ID: PMRREP19075

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Author : Abhijeet Surwase

Introduction

Drug eluting bead is a therapy for the treatment of hypervascuarized tumours. Drug eluting bead allows for embolization and local release of chemotherapy in the treatment of hepatic malignancy through the intra-arterial delivery of microscopes. Drug eluting bead provides an alternative therapeutic option in unresectable tumours. Drug eluting beads are widely used in primary and liver dominant metastatic disease of the liver.

Drug eluting beads improves the safety and efficacy of transarterial chemoembolization (TACE) in hepatocellular carcinoma (HCC). The drug eluting bead is given through the catheter directly to the liver tumor. Giving chemotherapy with the bead is more beneficial, as the chemotherapy is gradually released from the beads. Slowly released chemotherapy from the bead destroys the tumor over a greater period of time. Drug eluting beads are new embolic agents that allows the continuous release of chemotherapeutic agents.

Drug Eluting Beads Market: Drivers and Restraint

The global drug eluting beads market is primarily driven by the increasing prevalence of liver diseases. Increasing awareness among people regarding the benefits of drug eluting beads therapy is also expected to drive the growth of the global drug eluting beads market. However, lack of skilled physicians is expected to restrain the market growth.

Drug Eluting Beads Market: Segmentation

basis of disease type
  • Primary Liver Cancer (HCC)
  • Secondary Hepatic Malignancies (liver metastases)
basis of product type
  • Oncozene beads
  • Quadra Sphere
  • LC Beads
  • Others
basis of drug type
  • Doxorubicin
  • Irinotecan
  • sunitinib
basis of end user
  • Hospitals
  • Specialized Clinics
  • Research centers
  • Ambulatory surgical centers

Drug Eluting Beads Market: Overview

The global drug eluting beads market is expected to show a significant growth over the forecast period. The number of population with the liver diseases has grown significantly and increasing demand for invasive treatment is expected to drive the growth of drug eluting beads market. In addition, the increasing adoption of this new technology by the patient is also driving the growth of drug eluting beads market.

Drug Eluting Beads Market: Region Wise Outlook

The global drug eluting beads market can be segmented into regions: North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America region dominates the global drug eluting beads market. High adoption of new technologies in the region is expected to be the factor for the growth of drug eluting beads market.

Europe is expected to be the second biggest market for the global drug eluting beads market. Asia Pacific is expected to be the moderate growing region in the drug eluting beads market. Moreover, Latin America and Middle East and Africa are also expected to show moderate growth for drug eluting beads market during the forecast period.

Drug Eluting Beads Market: Key Players

The major key players of the global drug eluting beads market are Biocompatibles UK Ltd, BTG International Ltd., Merit Medical Systems, Inc, CeloNova BioSciences, Inc, ABK Biomedical, Inc., Boston Scientific Corporation, Medtronic, Inc., Merit Medical Systems, Inc., Surefire Medical, Inc., Terumo Corporation and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications. 

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Argentina, Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, Italy, France, U.K., Spain, Russia, Rest of Europe)
  • Asia Pacific (China, India, Japan, Rest of APAC)
  • Middle East and Africa (Rest of MEA, S. Africa) 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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