Neurovascular Devices Market Dominated by Microcatheters, Balloon Occlusion Devices, Flow Diversion Devices, Clot Retrievers to 2021 - Pathology and Stents Drives the Shares

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Geographically, Neurovascular Devices/Interventional Neurology market North America is estimated to command largest share of global in 2016, followed by Europe. Large market share of North American region can be attributed to increasing adoption of neurovascular devices among neurosurgeons in neurovascular disease treatment, growing number of clinical trials (that aim to evaluate the therapeutic efficacy of neurovascular devices in specific disease treatment).

The global Neurovascular Devices/Interventional Neurology Market is estimated to reach USD 2.62 Billion by 2021, at a CAGR of 8.6% during the forecast period. Neurovascular Devices/Interventional Neurology Market growth is mainly driven by factors such as large target patient population base, ongoing product development & commercialization, favorable medical reimbursements, expansion of healthcare infrastructure across emerging markets and growing market demand for effective neurovascular devices.

Neurovascular Devices/Interventional Neurology markets (such as China and India) are offering high growth opportunities for market players operating in interventional neurology industry, growth in target patient population, increase in healthcare expenditure, and favorable regulatory policies are key factors driving demand for neurovascular products in emerging nations. In order to leverage high growth opportunities in these emerging nations, leading market players are expanding their presence in these countries.

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Report on Neurovascular Devices/Interventional Neurology Market Covers the New product launches and enhancements are the key growth strategies adopted by major players to develop their positions in the global neurovascular devices/interventional neurology market.

Neurovascular devices/interventional neurology market report also studies, factors (such as drivers, restraints, opportunities, and challenges) which affect market growth in a positive and negative manner. It analyzes opportunities and challenges in market for stakeholders and provides details of the competitive landscape for market leaders. Furthermore, neurovascular devices/interventional neurology market report analyzes micro markets with respect to their individual growth trends, prospects, and contributions to neurovascular devices/interventional neurology market.

Key Target Audience
• Healthcare service providers (Hospitals and surgical centers)
• Non-government organizations
• Government regulatory authorities
• Research laboratories and academic institutes
• Clinical research organizations (CROs)
• Research and development companies
• Market research and consulting firms

Medtronic plc (Ireland), Johnson & Johnson (U.S.), Terumo Corporation (Japan), Penumbra, Inc. (U.S.), Abbott Laboratories (U.S.), Merit Medical Systems, Inc. (U.S.), W. L. Gore & Associates, Inc. (U.S.), and MicroPort Scientific Corporation (China) are few other key players operating in the market.

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Strategies such as agreements and collaborations; strategic acquisitions; and market expansions were also adopted by a significant number of market players to strengthen their product portfolios, distribution networks and expand their geographic presence in the global neurovascular devices/interventional neurology market.

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