This report provides an extensive analysis of the factors that bring good growth for the drug eluting beads market. The report also focuses on growth parameters such as competitive landscape, key trends, regional assessment, etc. The study helps the stakeholders to grasp the diverse growth factor of the drug eluting beads market conscientiously. The report also brings substantial information about the COVID-19 impact on the drug eluting beads market.
Expansive growth opportunities are forecasted for the drug eluting beads market across the forecast period of 2024-2030. The growing prevalence of liver diseases across the globe can bring good growth opportunities for the drug eluting beads market. The drug eluting beads therapy is primarily used for treating hyper vascularized tumors. These beads allow the continuous release of chemotherapeutic agents.
Based on type, the drug eluting beads market can be classified into Quadra Sphere, Oncozene Beads, LC Beads, and others. The drug eluting beads market, on the basis of application can be segmented into research centers, ambulatory surgical centers, specialized clinics, and hospitals.
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Global Drug Eluting Beads market Witness Most Promising Rise in Demand
The drug eluting beads market comprises numerous players that are involved in neck-to-neck competition for gaining a prominent position. The players in the drug eluting beads market are also involved in mergers, acquisitions, joint ventures, collaborations, and partnerships for strengthening their position. These activities also ensure a rise in the growth rate for the drug eluting beads market. For instance, Varian Medical Systems acquired two product lines from Boston Scientific and Alicon for entering the drug eluting beads market.
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As the drug eluting beads market comes under the pharmaceuticals category, the production was not impacted to a large extent by the lockdown norms imposed by various countries to contain the spread of the virus. Therefore, the drug eluting beads market is minimally affected by the COVID-19 outbreak.
However, some disruptions in the supply chain logistics have resulted in dampening the growth of the drug eluting beads market. Nonetheless, the relaxations in the restrictions to put the economy back on track will help the drug eluting beads market greatly in gaining the lost growth. Thus, the post-lockdown era may prove to be an important period for the drug eluting beads market.
Key Players of Drug Eluting Beads Market Report:
The drug eluting beads market comprises numerous players that are involved in neck-to-neck competition for gaining a prominent position. The players in the drug eluting beads market are also involved in mergers, acquisitions, joint ventures, collaborations, and partnerships for strengthening their position. These activities also ensure a rise in the growth rate for the drug eluting beads market. For instance, Varian Medical Systems acquired two product lines from Boston Scientific and Alicon for entering the drug eluting beads market.
Some well-entrenched players in the drug eluting beads market are as follows: Medtronic, Inc., ABK Biomedical, Inc., Merit Medical Systems, Terumo Corporation, CeloNova BioSciences, Inc., Surefire Medical, Inc., Biocompatibles UK Ltd.
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