Press release
Neurovascular Devices Market to hit USD 2.1 bn by 2024| Top Players: Philips, AMICO Group, Carestream, FUJIFILM Holdings America Corporation
Neurovascular Devices Market
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/794
Flow diverters product segment will grow at 4.4% CAGR throughout the forecast timeframe. Flow diverters are widely used to treat brain aneurysm. Flow diverters do not need catheterization and possesses less risk of procedural rupture of aneurysm. Availability of technological advanced flow diverter such as silk flow diverter that is available in variable diameter and porosity will in turn impel demand for flow diverters in the upcoming years.
Technological advancements in neurovascular devices will serve as a high impact rendering factor for neurovascular devices industry growth. Advanced neurovascular devices are manufactured by considering genetic factors as well as pathophysiology of neurovascular diseases. Firms are focusing on new product launches by adopting novel technologies to capture greater profits and offer efficacy of disease treatment. For instance, in June 2018, Terumo announced about the U.S. FDA clearance of SOFIA Catheter, a technique for successful revascularization of patients. Thus, increasing technological advancements will escalate neurovascular devices demand and adoption, further stimulating the market size.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Philips
• AMICO Group
• Carestream
• FUJIFILM Holdings America Corporation
• GE Healthcare
• Hologic, Inc.
• IMS Health
• Konica Minolta Healthcare Americas, Inc.
• Medical Technologies
• Planmed Oy
• Siemens
Coiling procedure segment led the market with revenue of USD 607.0 in 2017 and is expected to witness positive trend over the forthcoming years. Rising number of patients suffering from brain aneurysm along with booming demand for minimally invasive procedures will augment segmental growth. Flow disruption technique is poised to be the fastest growing segment by 2024.
Ischemic strokes segment will dominate the market with revenue share of 43.2% in 2017 owing to its high incidence along with increasing cost burden on healthcare systems. Strong government support and rising funding for stoke prevention will foster segmental size in the foreseeable future. Stenosis will be fastest growing segment over the forecast period.
U.S. market held largest revenue size of North America neurovascular devices market with 85.2% market share in 2017. High prevalence of ischemic stroke, aneurysm and stenosis will aid U.S. neurovascular devices industry growth. According to Brain Aneurysm Foundation, around 6 million Americans suffer from unruptured brain aneurysm. The risk of aneurysm rupture escalates as age increases. Thus, increasing geriatric population coupled with sophisticated healthcare infrastructure and technologically advanced products should positively impact U.S. neurovascular devices business growth in the forecast timeframe.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/794
Germany neurovascular devices market will drive Europe neurovascular devices market with share of 13.1% in 2017 as a result of growing prevalence of stroke in elderly patient base along with rising economic burden of neurovascular diseases in the country. This will augment demand for neurovascular devices in the future.
Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
Global Market Insights, Inc.
4 North Main Street
Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email:sales@gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Neurovascular Devices Market to hit USD 2.1 bn by 2024| Top Players: Philips, AMICO Group, Carestream, FUJIFILM Holdings America Corporation here
News-ID: 1652148 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Neurovascular
Neurovascular Devices Market Size - Forecast to 2026
As per the research conducted by GME, the Neurovascular Devices Market is estimated to be valued at USD 2.87 billion in 2021 and is projected to reach USD 4.37 billion by 2026 at a CAGR of 8.75%. The global neurovascular devices market is being driven by the escalating incidence of neurovascular diseases amongst patients around the world as well as the growing elderly demographic.
Browse 151 Market Data Tables and 111…
Brain Aneurysm Treatment - Modern Neurovascular Techniques
Brain aneurysm is a development of bulge in brain vessels. This bulging puts pressure on the nerves or brain tissues. This bulge may rupture or burse and can cause brain hemorrhage, which can cause death of the patient.
Get PDF Brochure of Research Study @ https://bit.ly/2zir2hL
Certain factors such as genetic conditions, arteriovenous malformations, untreated high blood pressure, and smoking are responsible to cause brain aneurysm. The global brain aneurysm treatment market…
Neurovascular Devices Market: Opportunities and Challenges
The Neurovascular Devices Market is expected to reach USD 2.62 billion by 2021 from USD 1.74 billion in 2016, at a CAGR of 8.6% from 2016 to 2021.
Increasing research activities in the field of neurovascular therapies
Neurovascular devices are witnessing a growing demand among the major stakeholders globally, due to increasing clinical research activities in the field of neurovascular therapies, which offer credible clinical data related to their safety & efficacy…
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…
Future For Neurovascular Devices Market...By 2024
MaketStudyReport.com adds a New Neurovascular Devices Market Research Report for the period of 2018 - 2024 that shows the growth of the market for next few years along with providing a competitive landscape.
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…
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…
