Interventional Neurology Devices And Equipment Market Growth Analysis, Outlook Report 2024-2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Interventional Neurology Devices And Equipment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $3.28 billion In 2028 At A CAGR Of 8.3% :

The interventional neurology devices and equipment market size has grown strongly in recent years. It will grow from $2.19 billion in 2023 to $2.38 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increasing neurological disorders, aging population, stroke awareness and diagnosis, multidisciplinary approach.

The interventional neurology devices and equipment market size is expected to see strong growth in the next few years. It will grow to $3.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to minimally invasive procedures, emerging markets growth, regulatory support and reimbursement, telehealth and remote consultation. Major trends in the forecast period include artificial intelligence (ai) and image analysis, robotics and navigation, patient-specific devices, hybrid operating rooms.

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Interventional Neurology Devices And Equipment Market Major Segments
The interventional neurology devices and equipment market covered in this report is segmented -

1) By Type: Aneurysm Coiling & Embolization Devices, Cerebrospinal Fluid Management Devices, Neurothrombectomy Devices, Support Devices
2) Aneurysm Coiling & Embolization Devices By Type: Embolic coils, Flow diversion devices, Liquid embolic devices
3) Angioplasty Devices by Type: Carotid artery stents, Embolic protection systems
4) Support Devices By Type, Micro guide wires, Micro catheters
5) Neurothrombectomy Devices By Type: CLOT retrieval devices, Suction and aspiration devices, Snare
6) By End-User: Hospitals, Neurology clinics, Ambulatory care centers and others

Key Driver - Surge In Neurological Disorders Drives Growth Of The Interventional Neurology Devices Market

An increase in the patient population with neurological disorders is driving the Interventional neurology devices market. Neural disorders like Alzheimer's disease, cerebrovascular diseases including stroke, migraine, and other headache disorders are on the rise. The rapid increase in the geriatric population, high-stress levels in young individuals, and head injuries due to accidents are the main reasons for neural disorders. For example, according to the Brain Aneurysm Foundation, it is estimated that in the United States, 6 million people suffer from unruptured brain aneurysms. Also, according to World Health Organization, more than 50 million have epilepsy and over 47 million have dementia. Hence, the rapid increase in the incidence of neurological disorders is slated to boost the market in the forecast period.

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Prominent Trend - Stryker's Innovative Neuroform Atlas Stent System Poised To Drive Interventional Neurological Device Market

Stryker Inc.'s latest technological development Neuroform Atlas Stent System is expected to provide significant results to treat brain aneurysms with embolic coils. The introduction of such technologies would drive the interventional neurological device market in the future. The Atlas stent system provides great support during the coiling procedures, and it has been designed s to provide the coil support and wall apposition needed to perform an effective stent-assisted coiling procedure. Neuroform Atlas has enhanced stent conformability, a low-profile delivery system, and high deployment accuracy even in distal anatomy making it the latest choice of the neuro-surgeons, thereby steering the market.

Interventional Neurology Devices And Equipment Market Players
Major companies operating in the interventional neurology devices and equipment market include Medtronic plc, Stryker Corporation, Terumo Corporation, Penumbra Inc., COVIDien, Abbott Laboratories, Merit Medical Systems Inc., W. L. Gore & Associates, Bayer AG, MicroPort Scientific Corporation, Boston Scientific Corporation, Johnson & Johnson, Medikit Co. Ltd., Acandis GmbH, Biosensors International Ltd., Integra LifeSciences Holdings Corporation, Magstim C-Ltd., UreSil LLC, Cook Group Incorporated, Siemens Healthineers, B. Braun Melsungen AG, Integer Holdings Corporation, Nihon Kohden Corporation, LivaNova, Teleflex Incorporated, Balt Extrusion SAS, Rapid Medical Ltd., phenox GmbH, Spiegelberg GmbH & Co. KG

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Largest And Fastest Growing Region In The Market
North America was the largest region in the global interventional neurology devices and equipment market in 2023. Asia-Pacific was the second-largest region in the interventional neurology devices and equipment market. The regions covered in the interventional neurology devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Interventional Neurology Devices And Equipment Market Report Structure
3. Interventional Neurology Devices And Equipment Market Trends And Strategies
4. Interventional Neurology Devices And Equipment Market - Macro Economic Scenario
5. Interventional Neurology Devices And Equipment Market Size And Growth
…..
27. Interventional Neurology Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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