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Interventional Neurology Devices And Equipment Market Size Forecasted To Achieve $9.27 Billion By 2029 With Steady Growth
The Interventional Neurology Devices And Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Interventional Neurology Devices And Equipment Market Size and Projected Growth Rate?
The interventional neurology devices and equipment market has seen strong growth in recent years, anticipated to grow from $2.33 billion in 2024 to $2.54 billion in 2025, with a CAGR of 8.7%. Growth drivers include the rise in cardiovascular diseases, an aging population, the demand for minimally invasive procedures, and advances in clinical research.
The interventional neurology devices and equipment market is expected to grow strongly, reaching $3.61 billion by 2029, with a CAGR of 9.2%. This growth is supported by the rise of personalized medicine, telehealth integration, global healthcare access, and robot-assisted interventions. Key trends include advanced imaging technologies, the use of AI in interventional cardiology, complex lesion treatments, and next-generation drug-eluting stents (DES).
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What Are the Major 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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What Are The Driving Interventional Neurology Devices And Equipment Market Evolution?
Rising cases of neurological disorders are boosting the interventional neurology devices market. Conditions like Alzheimer's, stroke, and migraines are becoming more prevalent due to aging, stress, and trauma. The Brain Aneurysm Foundation estimates that 6 million Americans have unruptured brain aneurysms. According to the WHO, over 50 million people have epilepsy and 47 million suffer from dementia globally. This rise in neurological issues is increasing demand for neurology devices.
Which Firms Dominate The Interventional Neurology Devices And Equipment Market Segments?
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 Trends Are Expected to Dominate the Interventional Neurology Devices And Equipment Market in the Next 5 Years?
Stryker Inc. has introduced the Neuroform Atlas Stent System, a major technological development designed to enhance the treatment of brain aneurysms with embolic coils. The system provides vital support during coiling procedures and ensures better coil support and wall apposition, making it a preferred option among neuro-surgeons and boosting the interventional neurological device market.
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Which Is The Largest Region In 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Interventional Neurology Devices And Equipment Market?
2. What is the CAGR expected in the Interventional Neurology Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Interventional Neurology Devices And Equipment Industry?
4. Which Region Is Leading the Interventional Neurology Devices And Equipment Market?
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