Neurovascular Devices Market 2018; Soar at CAGR of 8.8% | Top Vendors like Stryker, Medtronic, Evasc, Rapid Medical, Neuravi, etc. By 2023 – Says MRFR

The Exhaustive Study for Global Neurovascular Devices Market Research Report is added on Market Research Future. To provide detail analysis of the market structure along with forecast, about various segments and sub-segments of the Neurovascular Devices. It is also cover country level analysis of the market with respect to the current market size and future growth prospect. – Forecast till 2023

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Neurovascular Devices Market – Overview

Factors such as growing geriatric population, favorable reimbursement policies, and ongoing product development & commercialization favor the growth of the global neurovascular devices market. Additionally, increasing prevalence of neurovascular diseases like brain aneurysm, arteriovenous malformations (AVMs), and others followed by rising demands for minimally invasive therapeutic procedures fuels the market growth. However, high procedural cost, increase in the number of reported cases of injury, and need for physician training is estimated to restrain the market growth during the forecast period. Majority of the market players are focusing on the acquisitions, product launches, and distribution agreements. It was estimated that the NHS spent approximately USD 6.6 billion on neurological conditions from 2012-2013. However, high procedural cost followed by reported cases of injury and the need for physician training is estimated to restrain the market growth during the forecast period. It is reported that the average cost for the treatment of neurovascular devices using flow diversion is estimated to be about USD 24,650.

Top players - Neurovascular Devices Market

The key players for the global neurovascular devices market are Stryker, Medtronic, Johnson & Johnson Services, Inc., TERUMO CORPORATION, Abbott, Merit Medical Systems, Inc., Medikit co., ltd., Penumbra, Inc., etc.

Neurovascular Devices Market – Regional Analysis

The Americas dominate the global neurovascular devices market. Increasing prevalence of neurovascular diseases like brain aneurysm, arteriovenous malformations (AVMs), besides others followed by growing geriatric population and rising healthcare expenditure are the major drivers of market growth within the region. Europe holds the second largest neurovascular devices market. Presence of a well-developed healthcare sector, increasing prevalence of the neurovascular diseases are the major drivers for market growth within the region. Asia Pacific is the fastest growing region for the market due to the presence of a huge patient population, continuously developing economies, and increasing demands for minimally invasive surgeries by the growing geriatric population. On the other hand, the Middle East & Africa has the least share in the global neurovascular devices market. Presence of poor economies especially in the Africa region restrains the market growth of the Middle East & Africa. The Middle East holds a major market in the region owing to a well-developed healthcare sector and huge healthcare expenditure by the developed economies.

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Neurovascular Devices Market - Segments:

The global neurovascular devices market is segmented on the basis of product, therapeutic application, and end-user.

On the basis of the product, the market is segmented into aneurysm coiling & embolization devices, neurothrombectomy devices, support device, cerebral balloon angioplasty, and stenting systems. The aneurysm coiling & embolization devices segment is sub-segmented into embolic coils, flow diversion devices, and liquid embolic. The neurothrombectomy devices segment is sub-segmented into retrieval systems, and suction and aspiration devices. The support device segment is sub-segmented into microcatheters and microguidewires. The cerebral balloon angioplasty and stenting systems segment is sub-segmented into carotid artery stents and embolic protection systems. On the basis of the therapeutic application, the market is categorized into hemorrhagic stroke and ischemic strokes. On the basis of the end-users, the market is segmented into hospitals & clinics and ambulatory surgical units.

Top Questions Answered In This Report:

What will the market size and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Major TOC of Neurovascular Devices Market Research Report – Forecast to 2023:

1 Report Prologue

2 Research Methodology

3 Market Dynamics

4 Market Factor Analysis

5 Global Neurovascular Devices Market, By Product

6 Global Neurovascular Devices Market, By Therapeutic Application

7 Global Neurovascular Devices Market, By End User

8 Global Neurovascular Devices Market, By Region

9 Company Landscape

10 Company Profiles

11 Conclusion

12 Appendix

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