According to the report, the Neurovascular Devices market is predicted to achieve USD xxxx million by 2026. This report examines the status quo and projections of the global Neurovascular Devices market and analyzes the Neurovascular Devices market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
Neurological devices neurology is the non-surgical specialty that uses minimally invasive, image-guided techniques for the treatment of most complex and dangerous diseases of neck, brain, and spine. The surgical procedure or specialty for the treatment of neurovascular diseases is called neurosurgery. Neurology is the medical branch that deals with the disorders of the entire nervous system and brain. Interventional neurology deals with the treatment and diagnosis of all categories of diseases and conditions involving the peripheral and central nervous system. Neurovascular devices are used for the treatment of neurovascular disorders such as cerebral aneurysm, stroke and cerebral artery stenosis.
The Neurovascular Devices market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
Stryker Corporation
Johnson & Johnson
Medtronic
Terumo
Penumbra
Microport Scientific Corporation
Abbott Vascular
W. L. Gore & Associates
Merit Medical Systems
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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Value:
It is estimated that the total market value of the Neurovascular Devices global market is poised to reach USD xxxx million in 2026 from USD xxxx million in 2019, with a CAGR of xxxx%.
Facilitating and Limiting Factors:
The Neurovascular Devices market is expected to register substantial growth in the coming years, owing to increasing patient demand for minimally invasive surgeries and growing consumer awareness. Minimally invasive surgery brings many benefits to patients, including reducing pain, reducing blood loss and cost-effectiveness, which will increase adoption of neurovascular surgeries, thereby boosting the growth of the market. In addition, proactive government initiatives and the growing number of cases of a brain aneurysm and ischemic stroke are also positively influencing the market growth. The continuous improvement of medical technology is further helpful to drive the Neurological devices market. However, challenges pertaining to the commercialization of neurovascular devices will restrain the growth of the market.
The global Neurovascular Devices market is broadly divided based on type, application, and region:
By type - Aneurysm Coiling & Embolization Devices, Cerebral Balloon Angioplasty & Stenting Systems, Support Devices, Neurothrombectomy Devices
By application - Stroke, Cerebral Artery Stenosis, Cerebral Aneurysm, Others
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
North America held the largest market share in 2018 and is expected to show the same trend over the forecast timeline, owing to favorable reimbursement structure, especially in the US. Extensive R&D investment and availability and reliability of advanced technologies are projected to drive market growth in this region. Asia-Pacific is predicted to witness the fast-growing rate over the estimated timeframe, owing to the rapid growth of the elderly population with neurovascular diseases.
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Audience:
l Neurovascular Devices manufacturers
l Neurovascular Devices importers and exporters
l Neurovascular Devices traders, distributors, and suppliers
l Raw material suppliers of Neurovascular Devices
l Neurovascular Devices industry associations
l Product managers, Neurovascular Devices industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Healthcare organizations
l Research & Clinical Laboratories
What Information does this report contain?
l The report covers the prediction and analysis of the global Neurovascular Devices market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
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