Home Press Release Global Occlusion Device Market Size Grows at a Staggering CAGR of 5.5%

Global Occlusion Device Market Size Grows at a Staggering CAGR of 5.5%

Introduction

The global market for occlusion devices is witnessing consistent expansion, propelled by the rising incidence of cardiovascular illnesses, strokes, and other chronic ailments necessitating minimally invasive interventions. The increasing elderly population and the escalating prevalence of lifestyle-related diseases have heightened the demand for sophisticated medical devices, such as occlusion devices. Technological improvements, including integrating 3D printing and developing more precise and effective occlusion devices, significantly drive market expansion.

The transition to minimally invasive procedures has increased the utilisation of occlusion devices, which provide advantages such as diminished recovery durations and decreased complication rates. Healthcare practitioners are increasingly prioritising enhancing patient outcomes, resulting in integrating novel occlusion devices into treatment procedures. Moreover, advantageous reimbursement policies and heightened healthcare expenditure in emerging economies generate fresh market growth prospects.

Market Dynamics

Increasing incidence of cardiovascular illnesses drives market growth

Cardiovascular diseases (CVDs) continue to be the foremost cause of mortality worldwide, responsible for over 17.9 million fatalities each year, as reported by the World Health Organization. This concerning figure highlights the urgent necessity for efficient treatment alternatives, driving the demand for occlusion devices. These devices are essential in managing diverse cardiovascular disorders, including atrial fibrillation and peripheral artery disease, by occluding aberrant blood flow and mitigating the risk of consequences such as stroke.

The increasing inclination for less invasive operations further enhances this need, as occlusion devices provide less stressful options than open-heart surgery. The occlusion devices market in the United States is anticipated to attain USD 1.2 billion by 2024, propelled by an ageing demographic and rising prevalence of cardiovascular diseases. Furthermore, innovations in device technology and advantageous reimbursement rules promote broader use, thus enhancing market expansion.

Growth in developing markets creates tremendous opportunities

Emerging economies provide substantial potential prospects for the occlusion devices market, propelled by enhanced healthcare infrastructure and escalating healthcare expenditures. Countries in the Asia-Pacific, Latin America, and the Middle East are experiencing an increase in the incidence of chronic diseases, including cardiovascular and neurovascular problems, requiring sophisticated treatment alternatives. Government initiatives designed to enhance healthcare access and affordability are promoting market expansion.

  • India's Ayushman Bharat initiative seeks to extend health coverage to more than 500 million individuals, potentially enhancing the utilisation of innovative medical devices, such as occlusion devices.

Furthermore, partnerships among principal stakeholders and local healthcare providers are improving the accessibility and utilisation of these technologies. These strategic endeavours are anticipated to propel substantial expansion in the occlusion devices market in emerging economies.

Regional Analysis

North America is leading in the occlusion devices market, propelled by elevated illness prevalence, advanced healthcare facilities, and a favourable regulatory environment. The United States constitutes roughly 30% of all global ischemic stroke cases, underscoring the necessity for advanced occlusion therapies. The region benefits from an ecosystem that fosters innovation, with the FDA's Breakthrough Devices Program enabling expedited approvals. In March 2025, Stryker obtained FDA approval for its Trellis™ Peripheral Infusion System, intended to address peripheral thromboembolism while minimizing bleeding risk. Insurance coverage for endovascular procedures and substantial federal investment in stroke awareness initiatives enhance market expansion. Academic medical centres in the U.S. and Canada collaborate with device makers for research, expediting product creation and implementation. The features of early detection rates and specialist availability reinforce North America's dominant position in the worldwide occlusion devices industry.

Key Highlights

  • The global occlusion devices market was valued at USD 4.0 billion in 2024 and is projected to grow from USD 4.2 billion in 2025 to USD 6.5 billion by 2033, growing at a CAGR of 5.5% during the forecast period (2025–2033).
  • By Product, the market is segmented into occlusion removal devices, embolisation devices, and support devices. Occlusion removal devices maintain the largest market share due to their indispensable role in treating acute ischemic stroke and other vascular blockages, where time-critical intervention is essential.
  • By Application, the market is segmented into Neurology, Cardiology, Peripheral Vascular Diseases, Urology, Oncology, and Gynaecology. The neurology segment dominates the occlusion devices market, largely driven by the global rise in ischemic stroke, cerebral aneurysms, and other neurovascular disorders.
  • By End-User, the market is segmented into hospitals, diagnostic centres, & surgical centres, ambulatory care centres, research laboratories & academic institutes, and others. Hospitals, diagnostic centres, and surgical centres represent the most dominant end-user category, accounting for the largest procedural volume involving occlusion devices.
  • Based on region, the global market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America dominates the global market.

Competitive Players

  1. Acrostak
  2. Abbott Laboratories
  3. Asahi Intecc
  4. Angiodynamics
  5. Cardinal Health
  6. Avinger
  7. Edwards Lifesciences
  8. Cook Group
  9. Stryker Corporation
  10. Penumbra
  11. B.Braun Melsungen AG
  12. Terumo Corporation
  13. Medtronic Plc.
  14. Meril Life Sciences Pvt. Ltd.
  15. MicroPort Scientific Corporation
  16. Biosensors International Group Ltd.
  17. Boston Scientific Corporation
  18. Elixir Medical Corporation
  19. Kyoto Medical Planning Co., Ltd

Recent Developments

  • In March 2025, Medtronic reported promising clinical results from its Pipeline™ Vantage Embolisation Device, used to treat complex intracranial aneurysms, showcasing how innovation fuels this segment.
  • In May 2024, Penumbra, Inc. launched the RED® Reperfusion Catheters, an advanced aspiration system designed to improve clot removal in challenging neurovascular anatomy.

Segmentation

  1. By Product
    1. Occlusion Removal Devices
    2. Embolisation Devices
    3. Support Devices
  2. By Application
    1. Neurology
    2. Cardiology
    3. Peripheral Vascular Diseases
    4. Urology
    5. Oncology
    6. Gynecology
  3. By End-User
    1. Hospitals, Diagnostic Centers, & Surgical Centers
    2. Ambulatory Care Centres
    3. Research Laboratories & Academic Institutes
    4. Others
  4. By Region
    1. North America
    2. Europe
    3. Asia-Pacific
    4. Latin America
    5. The Middle East and Africa

Want to see full report on
Occlusion Devices Market

Related Reports

WhatsApp
Chat with us on WhatsApp