Press release
New Report On Interventional Neurology Devices Market With Players Like Bayer, Medtronic, Penumbra, Inc., Abbott, Covidien, Stryker, Johnson & Johnson, Terumo Medical Corporation, W. L. Gore & Associates, Merit Medical Systems, Inc
Interventional Neurology Devices
The interventional neurology devices market has analysed significant development in recent years and will highlight increased demand in the upcoming forecasted years. The developing interest for interventional neurology devices industry is a key factor driving the market development in the forecast time. The quick utilization is creating major opportunities for the purchasers, suppliers, and distributors in the interventional neurology devices market. Also, the analytical study examines all the key angles that have been affecting trends of the industry over the market development.
While planning this interventional neurology devices report, customer business skill is understood to identify tangible growth opportunities. Also, the strategic model around the growth objective is structured by investigators, with detailed route-to-market analysis, abilities to be leveraged and created, just as any potential pitfalls. The interventional neurology devices market research report delivers a comprehensive analysis of the market structure along with the forecast of the diverse segments and sub-segments of the market. The interventional neurology devices report considers an in-depth description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis and Porter's five force analysis.
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According to World Health Organization, there were over hundreds of million people are affecting from the neurological disorders, more than 50 million have epilepsy and over 47 million have dementia. Half of these can be cured with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth. Few of the major competitors currently working in the interventional neurology devices market are
· Abbott (US)
· Johnson & Johnson Services, Inc. (US)
· Boston Scientific Corporation (US)
· Stryker (US)
· Medtronic (Ireland)
· Terumo Corporation (Japan)
· Penumbra, Inc. (US)
· MicroPort Scientific Corporation (China)
· Merit Medical Systems (US)
Other Players are W.L. Gore & Associates, Inc. (US), B. Braun Melsungen AG (Germany), Cook (US), UreSil, LLC (US), Medikit co., ltd. (Japan), Bayer AG (Germany), Acandis GmbH (Germany), Biosensors International Group, Ltd. (Singapore), Integra LifeSciences (US), and others.
Neurology is that medical branch which deals with the whole brain and nervous (sensory system). Interventional neurology devices specializes in non-surgical activities that utilizes non-invasive and picture guided procedures for the treatment of most dangerous diseases of neck, cerebrum, and spine commonly known as neurosurgery. It usually deals with the treatment of central nervous and peripheral system along with various diseases.
Market Drivers
· Rising frequency for hemorrhagic and ischemic stroke will drive the growth of market.
· Growth due to obesity and aged population.
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Market Restraints
· Lack of talented neurologists will hamper the growth of the market.
· Stringent administrative approaches will act as a market restraint.
Segmentation: Global Interventional Neurology Devices Market
· By Product Type
o Aneurysm coiling and embolization devices
Embolic coils
Flow diversion devices
Liquid embolic devices
o Angioplasty devices
Carotid artery stents
Embolic protection systems
o Micro support devices
Microguidewires
Microcatheters
o Neurothrombectomy devices
CLOT retrieval devices
Suction and aspiration devices
Snares
· By Procedures
o Embolization
o Angioplasty
o Neurothrombectomy
· By End-User
o Hospitals
o Neurology clinics
o Ambulatory care centers
o Others
· By Geography
o North America
US.
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
o Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
o Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Key Developments in the Market:
· In January 2018, Medtronic plc received U.S. Food and Drug Administration (FDA) clearance of the Riptide(TM) Aspiration System, an innovative treatment of the Acute Ischemic Stroke (AIS), which will attract the patients.
· In 25th July 2017, Johnson & Johnson Medical Devices Companies expanded their business by introducing CERENOVUS, its new neurovascular business which will help in growth of the market.
Competitive Analysis: Global Interventional Neurology Devices Market
Global interventional neurology devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of interventional neurology devices market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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