Press release
Neurovascular Devices Market 2023, Future Trends, Top Companies - Acandis GmbH, Asahi Intecc Co. Ltd., Imperative Care Inc., Integer Holdings Corporation, Johnson & Johnson
Neurovascular Devices Market 2023
The global neurovascular devices market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
What are Neurovascular Devices?
Neurovascular devices are specialized medical instruments and tools designed for diagnosing, treating, and managing conditions affecting the blood vessels within the central nervous system. They are made from biocompatible materials to minimize the risk of adverse reactions when in contact with the vascular system. They are radiopaque, which makes them visible under imaging techniques like X-ray and fluoroscopy for precise placement and monitoring. They often exhibit flexibility and navigational properties to reach intricate and delicate regions of the neurovascular system. They are widely used for managing ischemic strokes by removing blood clots or restoring blood flow to the brain.
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What are the growth prospects and trends in the neurovascular devices industry?
The increasing aging population, which is more susceptible to neurovascular conditions, such as strokes and aneurysms, represents one of the primary factors catalyzing the demand for neurovascular devices for diagnosis and treatment. Additionally, the rising incidence of ischemic strokes and hemorrhagic strokes is driving the need for neurovascular devices, especially thrombectomy and embolization procedures.
Apart from this, continuous advancements in medical technology, including minimally invasive neurovascular procedures and imaging techniques, are expanding the range and effectiveness of neurovascular devices. Moreover, the regulatory bodies of several countries are emphasizing product safety and efficacy, which is propelling manufacturers to develop more reliable and compliant neurovascular devices.
Besides this, ongoing research into the understanding of neurovascular diseases and the development of novel treatments is supporting innovation in neurovascular devices.
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Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
• Cerebral Embolization and Aneurysm Coiling Devices
o Embolic Coils
o Flow Diverters
o Liquid Embolic Agents
• Cerebral Angioplasty and Stenting Systems
o Carotid Artery Stents
o Embolic Protection Devices
• Neurothrombectomy Devices
o Clot Retrieval Devices
o Suction Devices
o Vascular Snares
• Support Devices
o Micro Catheters
o Micro Guidewires
Breakup by Application:
• Ischemic Stroke
• Aneurysm
• Arteriovenous Malformation and Fistulas (AVM)
• Stenosis
• Others
Breakup by End User:
• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Some of the Top Key players in the neurovascular devices Market
Acandis GmbH
Asahi Intecc Co. Ltd.
Imperative Care Inc.
Integer Holdings Corporation
Johnson & Johnson
Medtronic plc
MicroPort Scientific Corporation
Penumbra Inc.
Perflow Medical Ltd.
Rapid Medical
Stryker Corporation
Terumo Corporation
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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