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Primary Catalyst Driving Interventional Neurology Devices And Equipment Market Evolution in 2025: Surge In Neurological Disorders Drives Growth Of The Interventional Neurology Devices Market Driver

02-17-2025 10:22 AM CET | Health & Medicine

Press release from: The Business Research Company

Interventional Neurology Devices And Equipment Market

Interventional Neurology Devices And Equipment Market

What Is the Future Outlook for the Interventional Neurology Devices And Equipment Market's Size and Growth Rate?
The market size for devices and equipment utilized in interventional neurology has seen robust growth lately. The forecast predicts a rise from $2.33 billion in 2024 to $2.54 billion in 2025, suggesting a compound annual growth rate (CAGR) of 8.7%. Factors contributing to the growth during the historic period include the prevalence of cardiovascular diseases, an increasing aging population, patients opting for minimally invasive surgeries, and evolving clinical guidelines and research.

The market size for interventional neurology devices and equipment is predicted to witness substantial expansion in the coming years, reaching $3.61 billion in 2029, with a compound annual growth rate (CAGR) of 9.2%. Personalized medicine, incorporation of telehealth, access to healthcare on a global scale, and robot-assisted procedures are contributing to this projected growth. Throughout the forecast period, significant trends such as advanced imaging technologies, the application of artificial intelligence (AI) in interventional cardiology, treatment of complex lesions, and the emergence of next-generation drug-eluting stents (DES) are expected to prevail.

What Is Stimulating Growth in the Interventional Neurology Devices And Equipment Market?
The anticipated expansion of the Interventional neurology devices market can be attributed to a rise in the occurrence of neurological disorders. There's an escalating prevalence of neural disorders such as Alzheimer's, stroke, migraine, and other headache problems. Factors contributing to these disorders include a swift growth in the elderly population, elevated stress levels among younger people, and cranial injuries caused by accidents. As per the Brain Aneurysm Foundation, a U.S.-based charity boosting awareness and knowledge about brain aneurysms, it's projected that around 6 million people in the U.S. are living with unruptured brain aneurysms. Furthermore, according to the World Health Organization, another U.S.-based health organization, over 50 million people across the globe live with epilepsy, while more than 47 million are struggling with dementia. Consequently, the projected surge in the impact of neurological disorders is set to boost the growth trajectory of the Interventional neurology devices market in the future.

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Which Key Market Leaders Are Driving Interventional Neurology Devices And Equipment Industry Growth?
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

What Are the Emerging Trends in the Interventional Neurology Devices And Equipment Industry?
The recent advancement in technology by Stryker Inc., the Neuroform Atlas Stent System, is predicted to yield significant outcomes in treating brain aneurysms in conjunction with embolic coils. The development of such technologies is likely to accelerate the growth of the interventional neurological device market in the foreseeable future. The Atlas stent system proves to be an invaluable asset during coiling procedures, being crafted specifically to offer necessary coil support and wall apposition for effectual stent-assisted coiling operations. The Neuroform Atlas takes pride in its superior stent conformability, a low-profile delivery system, and high precision in deployment even in distal anatomy, making it the top preference of neurosurgeons, thus driving the market forward.

What Are the Main Segments in the Interventional Neurology Devices And Equipment Market?
The interventional neurology devices and equipment market covered in this report is segmented -

1) By Type: Aneurysm Coiling And Embolization Devices, Cerebrospinal Fluid Management Devices, Neurothrombectomy Devices, Support Devices
2) Aneurysm Coiling And 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

Subsegments:
1) By Aneurysm Coiling And Embolization Devices: Flow Diverters, Embolic Coils, Liquid Embolics
2) By Cerebrospinal Fluid (CSF) Management Devices: CSF Shunts, CSF Drainage Systems
3) By Neurothrombectomy Devices: Clot Retrievers, Aspiration Devices, Snares
4) By Support Devices: Microcatheters, Guidewires

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Which Geographic Area Leads the Interventional Neurology Devices And Equipment 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.

What Is Covered In The Interventional Neurology Devices And Equipment Global Market Report?

- Market Size Analysis: Analyze the Interventional Neurology Devices And Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Interventional Neurology Devices And Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Interventional Neurology Devices And Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Interventional Neurology Devices And Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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