Future For Neurovascular Devices Market...By 2024
Neurovascular Devices Market will reach USD 2.0 billion by 2024; as per a new research report.
Increasing incidences and financial cost burden associated with neurological disorders such as acute ischemic stroke and brain aneurysm will drive neurovascular devices industry growth over the forecast period. As per American Stroke Association, worldwide prevalence of stroke accounted for 25.7 million in 2013. Also, stroke is one of the leading cause of death as well as long-term disability in the U.S. This will act as a major factor propelling demand for neurovascular devices in the future.
Rising geriatric population vulnerable to brain disorders coupled with soaring demand for minimally invasive procedures will substantially influence the neurovascular devices revenue size.
Increasing healthcare expenditure in developing countries along with rising government initiatives for the prevention of neurological disorders will foster market growth over the forecast timeline. However, dearth of neurosurgeons in the developing countries along with soaring cost of neurovascular devices are factors impeding market growth over the coming years.
Get sample Copy of this report: https://www.marketstudyreport.com/request-a-sample/467829/?utm_source=OPR-SL
Embolic coils dominated the industry with revenue more than USD 500 million in 2017. The segment will witness lucrative growth over the forecast period due to its wide applications in therapeutic areas such as brain aneurysm and ischemic strokes.
Carotid stents will witness considerable growth of 3.0% by 2024. This is attributable to the advantages offered by such devices such as its minimally invasive nature and its ability to prevent artery wall from collapsing and preventing restenosis. These devices are also expected to gain popularity owing to its revascularization benefits. Such factors will propel segment revenue growth.
Coiling procedure led the market with revenue share of 37.1% in 2017 and is expected to witness similar trend over the coming years. Growing number of patients suffering from brain aneurysm coupled with surging demand for minimally invasive procedures will augment segmental growth. Flow disruption technique is poised to be the fastest growing segment by 2024.
Ischemic strokes will dominate the market with revenue share of 43.3% in 2017 owing to its high incidence along with increasing financial burden on healthcare systems. Strong government support and increasing funding for stoke prevention will foster segment revenue size in the future. Brain aneurysm will be fastest growing segment over the forecast period.
Get Discount on this Report: https://www.marketstudyreport.com/check-for-discount/467829/?utm_source=OPR-SL
Hospitals led the industry and will register more than 3.5% CAGR by 2024. This is attributable to increasing neurological disorders and growing demand for neurovascular devices to treat patients suffering from neurovascular diseases.
Canada neurovascular devices market will witness significant growth due to increasing incidences and mortality associated with stoke in the country. Presence of The Canadian Neurovascular Health Society focused on research of neurovascular conditions and creating awareness among patients will favor business growth.
Germany will drive Europe neurovascular devices market with share of 23.2% in 2017 due to growing prevalence of stroke in elderly patient base along with increasing economic burden due to disease in the country. This will augment demand for neurovascular devices in the future.
India will witness lucrative 5.5% growth over the coming years. Major factors driving the market include increasing number of baby boomers along with rising endovascular aneurysm procedures in the country.
Some of the key industry players operating in global neurovascular devices market are Terumo Corporation, Penumbra, Stryker, Johnson & Johnson (Depuy Synthes) and Medtronic. Manufacturers are engaged in consolidation and acquisition exercises to widen their existing product portfolio and enhance their geographic presence.
More Report At: https://empowerednews.net/author/gminsights/
Chapter 1. Methodology & Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
Chapter 2. Executive Summary
2.1. All-terrain vehicle industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
World Vacuum Blood Collection Tube Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)
Vacuum Blood Collection Tube market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report li...
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
Industry News: news.marketsizeforecasters.com
Connect with us:Google+ | LinkedIn | Twitter
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Future For Neurovascular Devices Market...By 2024 here
News-ID: 1053805 • Views: 344
More Releases from marketstudyreport.com
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides
What's driving the Quantum Cryptography Market growth? IBM, Infineon Technologie …
The quantum cryptography market is at a nascent stage with massive potential to break through the cybersecurity industry. The quantum cryptography market players are constantly engaging themselves in advancing their features intending to offer highly secured solutions to their clients. The global quantum cryptography market accounted for US$ 105.3 Mn in 2018 and is expected to grow at a CAGR of 39.2% over the forecast period 2019-2027, to account for
More Releases for Neurovascular
Neurovascular Embolization Device Market: Competitive Dynamics & Global Outlook …
New report published by Market Research Report Store (MRRS) which offers insights on the global Neurovascular Embolization Device market. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/242161/global-neurovascular-embolization-device-market Global Neurovascular Embolization Device Market: Forecast by Type / Application / Region According to this study, over the next five years the Neurovascular Embolization Device market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million
Global Neurovascular Devices Market: Rising Geriatric Population and Neurovascul …
Besides exponential rise in occurrences of critical neurovascular ailments such as ischemic stroke and aneurysm amongst others, burgeoning advances in product enhancements, improved reimbursements, and surged healthcare expenditure are accounted to etch growth in global neurovascular devices market in forthcoming years. These market highlights are in line with Market Research Hub's (MRH) recent research report titled, 'Global Neurovascular Devices Market Analysis, Size, Share, Segmentation and Competitive Landscape (2013 - 2017) and
Neurovascular Devices Market Size, Share, Development by 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Neurovascular Devices market. Neurovascular Devices refer to the tools that used to pass through the blood vessels to diagnose and treat diseases and conditions of the brain and nervous system rather than using open surgery. Neurovascular Devices comprise a large segment of medical devices, including embolic coils, neurovascular stents (carotid and intracranial stents), intravascular devices, neurothrombectomy
Neurovascular Devices Market - Regional Outlook 2017 - 2025
Global Neurovascular Devices Market: Snapshot Over the past decade, neurointerventional techniques have gained increased significance in the management of acute ischemic strokes. Endovascular and microsurgical devices are fast gaining traction as minimally invasive techniques for the management of brain aneurysms. In recent years, advances in balloon- and stent- assisted coiling in endovascular therapies have expanded the options for surgeons and patients in the treatment of aneurysms. The rising morbidity and mortality
Neurovascular Devices Market Growth and Forecast-2026
Neurological devices/Interventional 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 medicine branch that deals with the disorders of the entire nervous system and brain. Interventional neurology deals with the treatment and diagnosis of all categories
Neurovascular Guidewires Market: Challenges and Opportunities Report
Neurovascular guidewire is a medical device used to carry stents, catheters and balloons to cure intracranial blood vessel diseases such as cerebral arteriovenous malformations and aneurysms. These guidewires are placed inside catheters for optimal visibility and navigability. The precise, safe, minimally invasive and durable nature of this neurovascular guidewire technology has made its use more promising. With the advantage of less trauma, lower costs and faster recovery time, neurovascular guidewire