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Neurovascular Devices Market Analysis on Terumo Corporation, Penumbra, Stryker, Johnson & Johnson (Depuy Synthes) and Medtronic

Neurovascular Devices Market, Neurovascular Devices Market Study, Neurovascular Devices Market Size, Neurovascular Devices Market
The prime objective of Neurovascular Devices Market 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.
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.
This report focuses on the top Manufacturers and players in global market are given bellow:-
Terumo Corporation, Penumbra, Stryker, Johnson & Johnson (Depuy Synthes) and Medtronic
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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.
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.
Neurovascular Devices Market Size By Product
Embolic Coils, Carotid Stents, Intracranial Stents, Neurovascular Thrombectomy, Embolic Protection Devices, Flow Diverters, Intrasaccular Devices, Liquid Embolic Coils, Balloons, Stent Retrievers
By Process
Neurothrombectomy, Cerebral Angiography, Stenting, Coiling, Flow Disruption
By Therapeutic Application
Brain Aneurysm, Stenosis, Ischemic Strokes), By End Use (Hospitals, Clinics, Ambulatory Surgical Centers
Industry Analysis Report, Regional Outlook
U.S., Canada, UK, Germany, France, Spain, Italy, Russia, Japan, China, India, Australia, Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa
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Chapter 1. Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Neurovascular devices industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Process trends
2.1.4. Therapeutic application trends
2.1.5. End-use trends
2.1.6. Regional trends
Chapter 3. Neurovascular Devices Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing number of brain aneurysm and ischemic strokes in U.S.
3.3.1.2. Rising demand for surgical procedures with minimum invasion
3.3.1.3. Advancement in process in developed regions
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