Press release
Global Interventional Neurology Market is anticipated to shoot off by the end of 2022 :Top keyplayers are include Stryker, TERUMO CORPORATION, Medtronic, Covidien, Merit Medical Systems, Inc., Abbott, Johnson & Johnson Services Inc., Bayer AG, MicroPort S
Neurology is responsible for treatment related to nervous system. Interventional neurology is a new procedure used for the non-surgical treatment of neurological diseases. It has a wide range of application in diagnosis of central nervous and peripheral systems.
End-user/ Technology
Hospitals, medical healthcare centers, and neurology clinics are the primary users. Interventional neurology is a modern technique that uses image-guided diagnosis and treatment of complex nervous system disorders related to arteries and veins of brain, neck, and spine. This is a minimally invasive procedure which reduces the chance of infection and also helps in fast healing and recovery.
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Market Dynamics
Advancement in technology, rising need for less invasive surgical procedures, the aging population, improvement of healthcare infrastructure, rising frequency for brain stroke, increasing rate of accidents causing brain injuries are the main driving force for the growth of the global interventional neurology market. R&D funding from Govt. and non-government agencies for technical advancement in brain monitoring devices is helping the market to expand. On the other hand lack of awareness among people, insufficiently trained professionals, high cost, and stringent Govt. regulations are some of the primary restraints.
Market Segments
The market can be segmented based on product, technique and disease pathology. The product market can be subdivided into aneurysm coiling and embolization devices (i.e. flow diversion devices, embolic coils), angioplasty and stenting devices, neuro thrombectomy and micro support devices. Cerebral angiography, neuro thrombectomy method are some of the well-used techniques. The disease pathology market is further segmented into ischemic strokes, brain aneurysm, arteriovenous malformation, artery stenosis etc.
Regional/Geographic Analysis
North America is the market leader followed by Europe and the Asia Pacific. Technological advancement, venture capital investment, govt support and increasing demand ensure North America's leadership in the interventional neurology market. High purchasing power and disposable income in North America and Europe also ensure the market growth. Investors and manufacturers are highly interested in Asia Pacific regions due to the presence of untapped market with lots of opportunities. Other geographic markets include South America, Japan, and Middle East & Africa.
Opportunities
Technological advancement, Govt. support and increasing awareness among people are creating lots of opportunities in the current market. The highest growth rate is expected to be in the Asia Pacific region in the forecasted period. Various R&D work in critical disease sector and complex surgical procedures are also creating opportunities for the market to grow.
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Key Players
Some of the major players in the market include Stryker, TERUMO CORPORATION, Medtronic, Covidien, Merit Medical Systems, Inc., Abbott, Johnson & Johnson Services Inc., Bayer AG, MicroPort Scientific Corporation, Medikitco, Ltd., W. L. Gore & Associates, Inc., LLC, Boston Scientific Corporation, and Sequent Medical.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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