Press release
Neurovascular Stents Market to Surge at 10% CAGR, Reaching $2.2 Billion by 2029
Leveraging a robust research methodology and meticulous data analysis, this report provides an in-depth exploration of the Neurovascular Stents Market. Our team of experts has compiled and analyzed extensive data sets, encompassing consumer behavior, market trends, and competitor analysis. This comprehensive report empowers you with the knowledge required to navigate the complexities of the market and make strategic decisions with confidence.Go beyond mere market data with Neurovascular Stents Market. This report translates insights into actionable strategies, equipping you with the knowledge to capitalize on emerging opportunities and overcome potential challenges. Our expert analysis provides a roadmap for success, allowing you to optimize your market positioning and achieve your business goals.
Overview of Neurovascular Stents Market
Data Bridge Market Research analyses that the neurovascular stents market which was USD 1045.6 million in 2021, would rocket up to USD 2241.34 million by 2029, and is expected to undergo a CAGR of 10.00% during the forecast period 2022 to 2029.
A neurovascular stent is a medical device that can be put within a blood vessel to enhance blood flow. It is composed of metal or synthetic materials. When treating atherosclerosis, the constriction of the arteries brought by the accumulation of fatty plaques on their walls, neurovascular stents are frequently employed. Additionally, aneurysms occlude vessels, which increases the risk of rupture (rupture).
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Dynamics Growth Drivers and Scope of Neurovascular Stents Market
Growth Drivers:
The growth of the neurovascular stents market would be impacted by the rising incidence and prevalence of neurovascular diseases such as ischemic stroke, brain aneurysm, stenosis, and other illnesses connected to the neurovascular system during the forecast period of 2022 and 2029. In the forecast period, factors such as the rising prevalence of many neurovascular disorders, including cerebral aneurysms, excessive alcohol use, insufficient physical activity, poor dietary habits, and stress, will fuel the expansion of the neurovascular stents market. On the other hand, the market for neurovascular stents will expand during the forecast period due to the increasing prevalence of these stents and their enhanced technology.
Scope:
The neurovascular stents market is segmented on the basis of product type, material and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Regional Analysis/Insights of Neurovascular Stents Market:
North America dominates the neurovascular stents market due to the growing number of geriatric population along with adoption of innovative medical technology. Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and growing demand of advanced medical technology.
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The major companies which are dealing in the Neurovascular Stents Market:
BD (U.S.), Cook (U.S.), B. Braun Melsungen AG (Germany), Medtronic (Ireland), Terumo Corporation (Japan), Lombard Medical (U.K.), Johnson and Johnson Private Limited (U.S.), Cardinal Health (U.S.), Boston Scientific Corporation (U.S.), MicroPort Scientific Corporation (China), Merit Medical Systems (U.S.)
Key Market Perspectives:
Thorough examination of prevailing market tendencies
Updates on the latest product advancements and innovations
Neurovascular Stents Market Compound Annual Growth Rate (CAGR) for both historic and forecasted years
Strategies and activities of prominent players and brands in the field
Insights into the industry landscape for emerging participants
Segmentation of Neurovascular Stents Market:
By Product Type (Intracranial Stents, Carotid Artery Stents), Material (Polymers, Metal, Others), End-User (Hospitals, Medical Center, Ambulatory Surgical Centers, Others)
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About Data Bridge Market Research:
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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