Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Vascular Embolization Market size was valued at USD 3.5 billion in 2024 and is anticipated to reach USD 9.1 billion by 2037, registering at a CAGR of 8.5% during the forecast period 2025-2037. In 2025, the industry size of vascular embolization is evaluated at USD 3.8 billion.
The market effectively caters to a rising patient pool, which is driven by an increase in uterine fibroids, neurovascular disorders, and cancer cases. According to a report published by the World Health Organization (WHO), more than 11 million new cancer cases are diagnosed every year, with brain, kidney, and liver tumors being majorly indicated for embolization therapies. Besides, the National Institutes of Health (NIH) reported that arteriovenous malformations (AVMs) and aneurysms approximately affect 1 in 55 adults, thereby increasing the demand for embolization procedures across different nations.
Moreover, the aspect of trade facilities is another factor for uplifting the market internationally. For instance, the global trade structure for vascular embolization products is highly dominated by China, Japan, Germany, and the U.S., with the U.S. International Trade Commission (USITC) accounting for 1.9 billion in the case of medical embolization device exports in 2024. Besides, the import reliance is high, especially for personalized micro catheters and polymer components, with China recording 321.9 billion for medical embolization device exports as of 2024. Additionally, the country also accounts for 420.2 million in the case of minimally invasive embolization technologies such as image-guided delivery systems and bioresorbable embolics.

Vascular Embolization Sector: Growth Drivers and Challenges
Growth Drivers
- Reduction in health costs: This is the most suitable growth factor for the market. According to the 2022 AHRQ study, it was found that vascular embolization implementation for hepatocellular carcinoma at an early stage diminished hospital admissions from 5.4 to 2.2 days, further reducing costs by 18,955 per patient. This, in turn, saved almost 1.3 billion across Medicare’s 63,550 eligible beneficiaries. Besides, in 2023, the U.S. FDA’s Transitional Coverage for Emerging Technologies (TCET) pathway escalated the reimbursement policy for 5 outpatient procedures, with a growth of 23.5% in 2023, thereby driving the market demand.
- Expansion in government reimbursement: The involvement of government and administrative bodies results in amplifying the market globally. For instance, the Medicare Part B expenditure for embolic agents touched the USD 2.9 billion mark in 2023, denoting a 19.5% increase since 2020. Besides, Germany’s G-BA provided a mandatory coverage list in 2024 for prostate artery embolization, which projected approximately 29,000 additional procedures yearly. Also, the UK’s NICE 2023 guiding principles suggested uterine fibroid embolization as a first-line therapy option to reduce surgery-based interventions by 42.3%.
Key Strategic Opportunities for the Vascular Embolization Market
The market is continuously undergoing transformative development from the past few years, which is attributed to the adoption of minimally invasive technologies, along with cardiovascular, neurological, and oncological disease burdens. Besides, the patient pool in last ten years, that is 2014 to 2024, has undergone expansion, especially in Germany and the U.S. owing to strict reimbursement frameworks and emerging nations such as China and India also experienced growth due to improved health and medical infrastructure. Moreover, there has been Medicare coverage expansion in the U.S. market, facilitating a 142.5% increase in embolization processes, mainly for uterine fibroids and liver cancer, thereby driving the market growth.
2014-2024 Historical Vascular Embolization Patient Growth
Country |
2014 Patients |
2024 Patients |
Growth (%) |
Primary Indications Driving Growth |
---|---|---|---|---|
U.S. |
0.86 |
2.07 |
142.1% |
Liver cancer, uterine fibroids |
Germany |
0.33 |
0.62 |
89.3% |
Neurovascular (AVMs, aneurysms) |
France |
0.24 |
0.38 |
76.4% |
Prostate artery embolization |
Spain |
0.13 |
0.29 |
133.2% |
HCC, trauma embolization |
Australia |
0.09 |
0.20 |
138.5% |
Uterine fibroids, AVMs |
Japan |
0.46 |
0.79 |
68.7% |
Hepatocellular carcinoma (HCC) |
India |
0.18 |
0.47 |
207.6% |
Rising cancer detection |
China |
0.29 |
0.88 |
211.1% |
Government oncology initiatives |
Key Manufacturer Strategies and Revenue Potentials for the Market
There are three essential core strategies that cater to strengthening the position of the vascular embolization market in the global arena. These include product innovation, emerging market expansion, and strategic partnerships, all of which international manufacturers can implement to increase their revenue generation. Companies such as Boston Scientific successfully cleared the U.S. FDA 510(k) clearance for Oncozene Microspheres. Besides, Terumo Corporation enhanced its sales by 37.5% for localized production facilities in China and India. Moreover, Johnson & Johnson entered into a partnership with the Mayo Clinic to optimize embolization procedures and reduce costs by 15.5%, thus boosting market expansion.
2023-2025 Revenue Opportunities for Manufacturers
Strategy |
Company Example |
Revenue Impact |
Market Share Change |
---|---|---|---|
Bioactive Coils |
Medtronic (Axium) |
USD 320.3 million (2023) |
+5.3% |
Localized Production |
Terumo (India PLI) |
USD 190.2 million (2024) |
+3.9% |
AI-Planning Integration |
Boston Scientific (EmboGuide) |
USD 150.4 million (2025) |
+2.6% |
Cost-Optimized Particles |
Sirtex (LC Bead LUMI) |
USD 275.8 million (Asia-Pacific, 2025) |
+4.4% |
Challenges
- Delay in regulatory acceptance: The aspect receiving clearance from administrative bodies causes a hindrance to the market. The average time for gaining the U.S. FDA’s 510(k) clearance usually ranges between 8.5 months to 11.8 months owing to the latest biocompatibility requirements. For instance, in 2022, Terumo’s submission for its newest microsphere was delayed by 9.5 months due to the presence of additional clinical trial-based data. Besides, the EU MDR’s clinical mark requirements constitute increased approval costs by USD 2.2 to 3.2 million per device, thus posing a challenge for market growth.
- Limitation in reimbursement policies: This is another challenge that negatively impacts the market internationally. For instance, the presence of the National Health Authority in India ensures a 12.5% embolization procedures coverage. Meanwhile, in Brazil, the ANS reimbursement covers only three embolic agents, which further excludes the latest bioresorbable options. Besides, the market access team of Boston Scientific gained a 28.5% growth in India by fortifying state-level cancer program contracts, which act as a solution for strict repayment structures.
Vascular Embolization Market: Key Insights
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
8.5% |
Base Year Market Size (2024) |
USD 3.5 billion |
Forecast Year Market Size (2037) |
USD 9.1 billion |
Regional Scope |
|
Vascular Embolization Segmentation
End User (Hospitals, Ambulatory Surgical Centers (ASCs))
Based on end user, the hospitals segment is poised to hold the largest share of 55.9% in the vascular embolization market by the end of 2037. The aspect of complicated case volume, recompensation incentives, and training mandates are a few factors that are readily driving the segment’s growth. Moreover, it has been noted by AHRQ that almost 78.5% of embolizations take place in hospitals, which is effectively driven by unbiased compensation exceptions for complicated cases. Moreover, according to the 2024 CMS Hospital Outpatient data report, approximately 79.1% of Stage III ruptured aneurysms and cancer-based embolizations are executed in hospital environments, attributed to multidisciplinary and backup teams.
Application (Oncology, Neurology, Urology)
Based on application, the oncology segment is expected to hold the second-largest share of 38.8% in the vascular embolization market during the forecast period, owing to innovation in minimally invasive therapy options and a rising prevalence of cancer diseases. As per the 2024 WHO’s Global Cancer Observatory report, liver cancer has emerged as the prime necessity for embolization, for which the number of cases is expected to increase to 1.6 million cases by 2030. This, in turn, caters to an estimated 62.7% of tumors that are aided by utilizing transarterial chemoembolization (TACE), thus deliberately driving the market demand across different nations.
Our in-depth analysis of the global market includes the following segments:
End User |
|
Application |
|
Product |
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Customize this ReportVascular Embolization Industry - Regional Synopsis
North America Market Analysis
North America is poised to account for the highest share of 40.9% in the vascular embolization market during the forecast timeline. Factors including suitable and standard reimbursement policies, robust health and medical infrastructure, and high volume of treatment, as well as diagnostic procedures, are responsible for market upliftment in the region. The U.S. accounts for the majority of the domestic revenue, with an expected Medicaid embolization expenditure of USD 3.3 billion by 2025. Besides, the implementation of artificial intelligence in embolized planning tools is also boosting the market in the region.
The market development in the U.S. is highly facilitated by expansion in Medicare coverage and a rise in the demand for oncology. As per the 2025 CMS data report, TACE procedures in the country expanded with a yearly growth rate of 19.4%, which also increased the Medicare spending by USD 800.5 million. Besides, in 2024, the NIH has initiated an allocation of USD 420.8 million, especially for bioresorbable embolics, while Medicaid made coverage expansion to more than 12.5% of patients in the country. Also, the U.S. FDA approved four liquid embolics in 2023, which reduced the review time by 41%, thus driving market expansion.
The vascular embolization market in Canada is gaining increased traction owing to several components, such as research in commercialization, indigenous health strategies, and modernization in provincial healthcare facilities. For instance, an investment of USD 76.5 million was initiated by the Canada Foundation for Innovation with the aim of manufacturing progressive bioresorbable microspheres at McMaster University. Likewise, in 2023, the First Nations and Inuit Health Branch (FNIHB) allocated USD 45.5 million to enhance the embolization accessibility for tele-communities and cater to the 42.8% treatment barrier in the country.
Europe Regional Market Size & Growth
Europe is anticipated to hold a considerable share of 28.9% in the vascular embolization market during the forecast timeline. This growth is effectively driven by the presence of the EU-specific standardization, extended reimbursement, and an increase in the elderly population. In 2024, the EMA’s augmented evaluation standards have diminished acceptance times by 30.5% for embolic agents in the region. Additionally, the EU4Health Programme has provided a fund of USD 1.9 billion for minimally invasive therapy solutions to combat the occurrence of several rare disorders, thereby constituting a prolific opportunity for market expansion in the region.
The vascular embolization market in the UK is experiencing significant growth, which is supported by the presence and availability of NHS reforms and tactical oncology funding. According to the 2024 NHS England report, there has been a 15.5% increase in embolizations for liver cancer, highly driven by the rapid adoption of minimally invasive therapy and treatment solutions. Besides this, the regional MedTech Strategy in 2023 provided £420.5 million for ensuring advancements in embolization devices, out of which 45.4% is allocated for outpatient facilities in ASC settings, thus a suitable approach for uplifting the market in the country.
The vascular embolization market in Germany is gaining more exposure since it operates as the centre for being the clinical innovator, as well as initiating manufacturing activities. The dedication of €610 million to embolization by the BMG’s Innovation Fund in 2024 focused on integrating artificial intelligence-specific devices. Furthermore, as per the G-BA data report, it has been identified that almost 48.5% of procedural and target-based neurovascular indications is suitable for treatments, and based on this Axium coils has captured approximately 62.5% of the domestic market share.

Competitive Landscape & Strategic Initiatives
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The vascular embolization market comprises organizations that are undertaking strategies to generate revenue and make their presence in the current market scenario. To gain more exposure in the market, they are making an expansion in their services and products to ensure neurovascular dominance and initiate extension in the oncology field. The aspect of production innovation, market penetration in emerging nations, and mergers and acquisition activities are a few factors driving organizations across different countries to positively impact the market during the forecast period.
Here is a list of key players operating in the global market:
Company Name |
Country |
Market Share (2024) |
Industry Focus |
---|---|---|---|
Medtronic |
Ireland/U.S. |
22.2% |
Neurovascular embolics (Axium coils), liquid agents (Onyx) |
Boston Scientific |
U.S. |
18.1% |
Embolic microspheres (Embozene), detachable coils |
Johnson & Johnson (J&J) |
U.S. |
12.4% |
Oncology-focused embolics (Hepasphere), neurovascular devices |
Stryker |
U.S. |
8.8% |
Neurointerventional devices (Target coils), flow diverters |
Merit Medical Systems |
U.S. |
5.3% |
Embolization particles (EmboCube), biopsy/embolization combo devices |
Sirtex Medical |
Australia |
xx% |
Liver cancer embolics (LC Bead LUMI), Y-90 radioembolization |
Balt Extrusion |
France |
xx% |
Aneurysm coils (Jellyfish), neurovascular specialty devices |
Cook Medical |
U.S. |
xx% |
Peripheral embolization coils, hydrogel microspheres |
Penumbra |
U.S. |
xx% |
Liquid embolics (Squid), neurovascular thrombectomy systems |
MicroPort Scientific |
China |
xx% |
Neurovascular coils, domestic Chinese market leader |
Below are the areas covered for each company under the top 15 global manufacturers:
In the News
- In January 2024, Medtronic PLC received approval from the U.S. FDA regarding its Pipeline Flex Embolization device, which is mainly designed for aiding brain aneurysms in collaboration with the Shield technology that ensures reduced clot formation.
- In June 2022, Cook Medical declared the U.S. FDA acceptance for NirMesh Vascular Occlusion device, which has been designed for diagnosing varicose veins, and enhances vascular embolization by reducing complex procedures and improving occlusion efficiency.
Author Credits: Radhika Pawar
- Report ID: 7684
- Published Date: May 20, 2025
- Report Format: PDF, PPT