Press release
Interventional Neuroradiology Market Is Projected To Grow At a Compound Annual Growth Rate (CAGR) Of 5.9% during the Forecast Period
Interventional Neuroradiology Market
Progressive aging population, increasing demand for minimally invasive procedures and rise in the prevalence of the cerebral aneurysm play vital role in the growth of the interventional neuroradiology market. However, the restraints such as high cost of embolization coils and dearth of skilled professionals are likely to impact the growth of the market in the forecast period.
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The interventional neuroradiology market by product is segmented into neurovascular embolization & coiling assist devices and accessories. In 2018, the neurovascular embolization & coiling assist devices segment held a largest market share of 72.17% of the interventional neuroradiology market, by product. This segment is also expected to dominate the market in 2027 owing to increase in the number of interventional neurology procedures. The segment is also anticipated to witness the growth at a significant rate during the forecast period, 2018 to 2027.
Competitive Landscape: Interventional Neuroradiology Market: Balt Extrusion, Merit Medical Systems, Terumo Corporation, Medtronic, Penumbra, Inc., Stryker, DePuy Synthes, Boston Scientific Corporation, W. L. Gore & Associates, and MicroPort Scientific Corporation among others.
The market players have been establishing acquisitions and collaborations in the market, which enables them to hold a strong position in the market. For instance, in November, 2018, Stryker completed the acquisition of K2M Group Holdings, Inc. The acquisition aims to increase the product portfolio of Stryker's spine and neurotechnology segment. The developments performed by the companies are helping the market to grow in the coming years.
Chapter Details of Interventional Neuroradiology Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Interventional Neuroradiology Market Landscape
Part 04: Interventional Neuroradiology Market Sizing
Part 05: Interventional Neuroradiology Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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