Press release
Neurovascular Catheters Market to Hit $1,083.5 Mn by 2026; Rising Prevalence of Neurological Disorders Worldwide to Boost Sales Opportunities: Fortune Business Insights™
The global neurovascular catheters market size is projected to reach USD 1,083.5 million by 2026, exhibiting a CAGR of 7.1% during the forecast period. Increasing prevalence of stroke around the globe will be the prime growth driver for this market in the coming years, states Fortune Business Insights™ in its new report, titled “Neurovascular Catheters Market Size, Share & Industry Analysis, By Type (Microcatheters, Balloon Catheters, Thrombectomy Catheters, and Others), By Application (Hemorrhagic Stroke, and Ischemic Stroke), By End User (Hospitals, and Specialty Clinics), and Regional Forecast, 2019-2026”. Data analysis by the World Stroke Organization revealed that every year there are more than 13.7 million new stroke cases worldwide, with nearly 25% of the people over the 25 years of age likely to suffer from stroke at least once in their lifetime. Furthermore, the Global Burden of Disease (GBD) study of 2018 found that strokes caused approximately 5.5 million deaths and 116.4 million Disability-Adjusted Life Years (DALYs) globally in 2016. Thus, strokes present a heavy health and economic burden and therefore, their effective treatment should a top priority. This situation would, as a result, generate huge demand for neurovascular catheters across the globe as these devices have proven to be critical in performing neurovascular procedures.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/sample/neurovascular-catheters-market-100992
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
The neurovascular catheters market report states that the market value stood at USD 625.6 million in 2018. Besides, this, the report also provides the following information:
Exhaustive overview of the industry trends and outlook;
Comprehensive assessment of the factors driving and restraining the market;
Careful evaluation of the regional dynamics and developments in the competitive landscape of the market.
Please visit:https://www.fortunebusinessinsights.com/industry-reports/neurovascular-catheters-market-100992
Regional Analysis
North America to Occupy Driver’s Seat in the Market; Europe to Follow
With a market size of USD 271.6 million in 2018, North America is anticipated to dominate the neurovascular catheters market share during the forecast period. This will mainly occur as a result of rising prevalence of neurovascular disorders and patient-friendly reimbursement policies in the region. In Europe, rapid adoption of advanced medical devices and spreading awareness about neurovascular conditions will augment the market growth. Similarly, in Asia-Pacific, the primary growth drivers will be increasing incidence of complex neurovascular disorders such as arteriovenous malformations. However, market growth is expected to be slow in Middle East & Africa and Latin America on account of poor awareness about neurovascular disorders.
You can Find an In-depth Neurovascular Catheters Market rket by Dr Daniel Stewart Here: https://www.linkedin.com/pulse/telemedicine-promising-technology-healthcare-industry-stewart/
Market Driver
Rising Incidence of Brain Aneurysms to Propel the Market
Brain aneurysm refers to a bulging area in an artery in the brain that has the appearance of a balloon. The walls of this balloon are weak and therefore, it poses the risk of rupturing and inducing a hemorrhagic stroke in a patient. One of the leading neurovascular catheters market trends is the steadily climbing incidence rate of brain aneurysms. According to the Brain Aneurysm Foundation (BAF), around 6.5 million Americans are living with a non-ruptured brain aneurysm, with 30,000 of them suffering from an aneurysm rupture every year. Worldwide, nearly half a million people don't survive because of brain aneurysms annually. Moreover, the economic costs of this condition are staggering. For example, the BAF estimates that the total loss faced in terms of wages by aneurysm survivors is approximately USD 150 million. Treating this complex condition necessitates the employment of efficient surgical devices and neurovascular catheters server this purpose perfectly well.
Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/neurovascular-catheters-market-100992
Competitive Landscape
Key Players to Engage in Acquisitions and New Product Launch Activities
The neurovascular catheters market analysis suggests that major players are increasingly focusing on acquiring companies and expanding their reach in the market. In addition to this, many players are also designing, developing, and launching novel products and diversifying their offerings, thereby consolidating their position in the market.
Quick Buy Neurovascular Catheters Market: https://www.fortunebusinessinsights.com/checkout-page/100992
Industry Developments:
February 2020: The US-based specialty medical device maker Teleflex Incorporated announced its acquisition of IWG High Performance Conductors, a leading company in medical tubing. This move will aid Teleflex in widening its customized medical devices portfolio and providing innovative solutions for neurovascular interventions.
May 2019: Medtronic, the Irish medical device giant, introduced its revascularization device in the US called Solitaire X. The device is intended to treat patients suffering from acute ischemic stroke as it can efficiently remove blood clots in the brain and help restore blood flow in such patients.
List of Key Companies Covered in the Report:
Teleflex Incorporated
Penumbra, Inc.
Zeus Industrial Products, Inc.
Medtronic
Integra LifeSciences Corporation
Biomerics
Microvention Inc.
Stryker
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email:sales@fortunebusinessinsights.com
LinkedIn | Twitter | Blogs
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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 Catheters Market to Hit $1,083.5 Mn by 2026; Rising Prevalence of Neurological Disorders Worldwide to Boost Sales Opportunities: Fortune Business Insights™ here
News-ID: 2436598 • Views: …
More Releases from Fortune Business Insights
Reverse Flame Steam Boiler Market 2023 Dynamics, Major Players, SWOT Analysis, a …
Overview of the Global Reverse Flame Steam Boiler Market 2030:
The report discusses everything a marketer requires before investing in the global Reverse Flame Steam Boiler Market during the forecast period 2023-2030. Reverse Flame Steam Boiler Market Size, Share And Global Trend By Capacity (Up to 100kW, 100-1000 kW, Above 1000 kW), By End-Use (Food Industry, Chemical Industry, Refineries, Metal Industry, Power Plant), And Geography Forecast Till 2022-2029. It provides detailed…
Syngas and Derivatives Market Research Analysis, Size, Share, Growth Highlights …
Overview of the Global Syngas and Derivatives Market 2030:
The report discusses everything a marketer requires before investing in the global Syngas and Derivatives Market during the forecast period 2023-2030. Syngas and Derivatives Market Size, Share and Global Trend By Feedstock(Coal, Petroleum, Natural Gas, Biomass), By Technology(Partial Oxidation, Steam Reforming, Auto-Thermal Reforming, and others), By End User(Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), and Geography Forecast till 2022-2029. It provides detailed…
Port equipment Market Will Experience An Upswing In Demand, Driven By Top Player …
The Port equipment Market Research Report provides an in-depth analysis of the market landscape and identifies future growth opportunities and trends until 2030. By offering valuable insights, the report enables companies to make informed decisions on business strategies and identify potential areas for growth. With a comprehensive assessment of the market, it equips businesses with the necessary tools to stay ahead of the competition.
With this Port equipment Market research report,…
Modular Chillers Market to reach USD 6.13 billion by 2026, at a CARG of 6.2% | L …
The Modular Chillers Market Report 2023 by Fortune Business Insights provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players. Modular Chillers Market report also covers key players and competitor analysis, providing a comprehensive understanding of the industry's commercial landscape. The report is useful for gaining insights…
More Releases for Catheters
Catheters Market On Target to Hit $19.97 billion by 2025, at a CAGR of 8.0% | Ca …
Significant rise in the use of these catheters for diagnosis and treatment of numerous diseases including cardiovascular, neurological, urological and supplement the market growth for catheters. Moreover, surge in geriatric population across the globe further fuels the growth of the market.
The global catheters market was valued at $10.70 billion in 2017 and is projected to reach $19.97 billion by 2025, growing at a CAGR of 8.0 % from 2018 to…
Global Internal Urinary Catheters Market Analysis by Market Segment by Type, cov …
Global Internal Urinary Catheters Market 2019 report focuses on the major drivers and restraints for the global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report spread across 137 pages with tables and figures in it.
Scope of the Report:
The worldwide market for Internal Urinary Catheters is expected to grow at a CAGR of roughly over the next five…
New Trends of Veterinary Catheters Market with Worldwide Industry Analysis to 20 …
Veterinary catheters are the long slender flexible tubes used to deliver medications, fluids, blood, plasma transfusions and gases to the animal body. A catheter is used to drain waste fluids like urine from the body of animals. Veterinary catheters are usually inserted into the blood vessels, ducts, or body cavities. The process of inserting the catheter inside the body is called catheterization. Though catheter insertion is a moderately safe procedure;…
Veterinary Catheters Market Volume Analysis, Segments, Value Share and Key Trend …
Veterinary catheters are the long slender flexible tubes used to deliver medications, fluids, blood, plasma transfusions and gases to the animal body. A catheter is used to drain waste fluids like urine from the body of animals. Veterinary catheters are usually inserted into the blood vessels, ducts, or body cavities. The process of inserting the catheter inside the body is called catheterization. Though catheter insertion is a moderately safe procedure;…
Cardiac Catheters Market | Electrophysiology Catheters, PTCA Balloons Catheters, …
Cardiac catheters are long, thin, flexible tubes inserted into the blood vessels in arms, groin, or neck and transferred to the heart for the diagnostic tests and treatments. Cardiac catheterization is a very safe process and may cause a little bruise at the place where the catheter is inserted. A contrast dye is used during catheterization, which makes the coronary arteries visible during the cardiac X-ray.
Get Access to TOC /…
Catheters Market Structure 2018 | By Type Cardiovascular Catheters, Specialty Ca …
Newest Report with Tilted “Catheters Market” is added on MarketReseacrhFuture.com. The Global Catheters Market is expected to grow at a CAGR of 6.14% during the forecast period of 2018 to 2023. Covered all the Regions and Segments and Sub Segments with Top Manufacturers.
Market Insights:
The global catheter market is majorly driven by increasing prevalence of cardiac & urological diseases, increasing preference for minimal invasive therapy, and increasing geriatric population. Additionally, changing…
