Neurointerventional Devices Market 2023 Industry Size, Share, Trends, Opportunities, Growth Analysis and Forecast to 2030

The “Global Neurointerventional Devices Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Neurointerventional Devices Market.

Global Neurointerventional Devices Market is valued approximately USD 2.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2020-2027.

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Neurointerventional radiology or neurovascular surgery is a relatively new medical specialty using minimally invasive endovascular techniques to treat vascular brain diseases. The treatment of disorders that occur inside the spinal cavity or the arteries of the brain is Neurointerventional. Neurointerventional is gaining great popularity among neuro-specialists due to its advantageous function of decreased invasiveness. The market is driven by wide target demographic of patients, continuing product creation and promotion, attractive medical reimbursements, healthcare system growth across developing markets, increasing consumer demand for successful neurovascular products. The key players of global Neurointerventional devices market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In July 2016, to build the OLIF (Oblique Lateral Interbody Fusion) Model, Medtronic plc unveiled its Pivox Oblique Lateral Spinal System with Lateral Plate for OLIF25 and Divergence-L Anterior / Oblique Lumbar Fusion System for OLIF51. For anterior column support, the OLIF platform is a minimally invasive spinal fusion process used to insert an electrode in the disc space. However, stringent regulations, dearth of skilled neurosurgeons impedes the growth of the market over the forecast period of 2020-2027.

The regional analysis of global Neurointerventional Devices Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of healthcare system growth across developing markets, increasing consumer demand for successful neurovascular products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as wide target demographic of patients, continuing product creation and promotion, attractive medical reimbursements would create lucrative growth prospects for the Neurointerventional Devices Market across Asia-Pacific region.

Major market player included in this report are:
Medtronic
Stryker
iVascular S.L.U.
Terumo Corporation
Boston Scientific Corporation
Merit Medical Systems
Penumbra, Inc.
Rapid Medical
MicroPort Scientific Corporation
InspireMD, Inc.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Neurovascular Thrombectomy Devices
Neurovascular Stents
Embolic Protection Devices
Intrasaccular Devices
Embolic Coils
Flow Diverters
Liquid Embolics
Balloons
Stent Retrievers

By Technique:
Neurothrombectomy
Stenting
Coiling Procedure
Cerebral Angiography
Flow Disruption

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By End user:
Hospitals
Ambulatory Surgical Centers

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

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Report Overview:

This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Neurointerventional Devices market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.

Market Dynamics:

Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Neurointerventional Devices market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Neurointerventional Devices market.

Marketing Insights:

The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Neurointerventional Devices market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Neurointerventional Devices market. It encapsulates indispensable insights extracted from the Neurointerventional Devices Market domain, facilitating informed decision-making processes.

This report covers several key questions related to the global Neurointerventional Devices market, including:

  • What can be expected for the Neurointerventional Devices market in the next decade?
  • What are the primary drivers of growth in the global Neurointerventional Devices market?
  • Which technologies are likely to experience the most rapid growth, both by market and region?
  • How do opportunities within the Neurointerventional Devices market vary based on the size of the end market?
  • What is the breakdown of Neurointerventional Devices by type and application?
  • How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Neurointerventional Devices market?

Our most recent research report showcases the thriving expansion of the global Neurointerventional Devices Market and offers in-depth insights into the projected market size, share, and revenue until 2031.

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