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In: SAGE Sourcebook of Modern Biomedical Devices: Business Environments in a Global Market

Chapter 23: Latin American Markets for Transcatheter Embolization and Occlusion Devices

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Latin American Markets for Transcatheter Embolization and Occlusion Devices
Latin American markets for transcatheter embolization and occlusion devices
Millennium Research Group, A Decision Resources, Inc. Company

The Latin American transcatheter embolization and occlusion (TEO) device market was valued at nearly $30 million in 2005 and will increase at a compound annual growth rate (CAGR) of close to 15% over the 5-year forecast period. The adoption of new and innovative TEO technologies in interventional neuroradiology (INR), such as endovascular cerebral aneurysm coils and the use of coiling-assist devices, will be the major drivers of revenue growth over the forecast period. Peripheral vascular (PV) procedures will also increase over the next 5 years. The third TEO indication included in this report, interventional cardiology (IC), will grow significantly over the ...

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