openPR Logo
Press release

Neurovascular Devices Market Growth and Forecast-2026

11-05-2017 12:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights

Neurological devices/Interventional neurology is the non-surgical specialty that uses minimally invasive, image guided techniques for the treatment of most complex and dangerous diseases of neck, brain, and spine. The surgical procedure or specialty for the treatment of neurovascular diseases is called neurosurgery. Neurology is the medicine branch that deals with the disorders of the entire nervous system and brain. Interventional neurology deals with the treatment and diagnosis of all categories diseases and conditions involving the peripheral and central nervous system. Arteries weakening may increase the risk of intracranial bleeding and create brain aneurysms. Neurovascular disease is the main cause of adult disability. Approximately 4.5 Mn Americans have a stroke, out of which only few recover completely. But enhanced technology is helping the healthcare professionals to minimize the impact of neurovascular disease. A variety of material such as nitinol, cobalt, platinum can be used in neurovascular devices to achieve the specialized characteristics for aneurysm repair and ischemic stroke prevention.

A sample of this report is available upon request @

https://www.futuremarketinsights.com/reports/sample/rep-gb-1323

Neurovascular DevicesMarket: Drivers and Restraints

The major driving factor for the global neurovascular devices/interventional neurology market is growing obese and ageing population, technological enhancements in the field of interventional neurology market. The neurovascular devices/interventional neurology market growth can be attributed to factors such as rising patient pool for hemorrhagic and ischemic stroke and increasing demand for minimally invasive procedures for the treatment of neurovascular disease. According to the upcoming data of clinical trials, interventional procedure is more favourable than neurosurgery as there is minimal damage to surrounding tissues, minimal surgical trauma, lesser possibility of infection in post-surgical phase and lesser surgical scar. However, a dearth of skilled neurologists is restraining the growth of global neurovascular devices/interventional neurology market. Stringent regulatory policies across the major markets also posing significant challenges for global neurovascular devices/interventional neurology market growth.

Neurovascular DevicesMarket: Segmentation

Neurovascular Devices/Interventional Neurologymarket is classified on the basis of product type, technology type, end users and geography.

Based on product, the global neurovascular devices/interventional neurology marketcan be segmented as follows:

Aneurysm Coiling & Embolization Devices

Embolic Coils

Flow Diversion Devices

Liquid Embolic Agents

Cerebral Balloon Angioplasty & Stenting Systems

Carotid Artery Stents

Embolic Protection Systems

Support Devices

Micro catheters

Micro guide wires

Neurothrombectomy Devices

Clot Retrievers

Suction and Aspiration Devices

Snares

Based on technology, the global neurovascular devices/interventional neurology marketcan be segmented as follows:

Embolization and Coiling

Carotid Artery Angioplasty and Stenting

Supporting Technologies

Neurothrombectomy

Based on end user, the global neurovascular devices/interventional neurology marketcan be segmented as follows:

Hospitals

Clinics

Ambulatory Surgical Centers

Neurovascular Devices Market: Overview

Interventional neurology is the procedure that refers to special kind of endovascular procedure within the spinal cavity or within the vessels of the brain, imaging guidance, utilizing minimally invasive techniques and special micro catheter, guide wire and other small devices to treat stroke and other neurological disorders. In 2015, the embolization & coiling technology segment is estimated to account for the largest market share, while the Cerebral Balloon Angioplasty & Stenting technology segment is expected to be the fastest growing segment. High growth of Cerebral Balloon Angioplasty & Stenting segment can be attributed to the expansion adoption of balloon catheter and carotid stents among neurologists, increasing in population of patient suffering from ischemic strokes and atherosclerosis, increasing interventional neurologists, hospitals and neurosurgical centers and improvement in reimbursement scenario across developed countries.

Neurovascular DevicesMarket: Region-wise Outlook

Depending on geographic regions, global neurovascular devices/interventional neurologymarket is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. North America is expected to command the largest market share in 2015, followed by Europe. Asia Pacific is expected to grow at the highest CAGR in the next five years, owing to rising awareness among neurologists related to benefits of interventional neurology devices and decreasing prices of neurovascular devices in Asia Pacific. Strong growth of neurovascular devicesmarket in North America can be attributed to factor such as favourable reimbursement scenario, significant adoption of interventional neurology devices among neurologists and large presence of device manufacturers in the region.

Neurovascular Devices Market: Key Players

The global neurovascular devices/interventional neurology market is dominated by Medtronic, plc (U.S.), Stryker Corporation (U.S.), Terumo Corporation (Japan), Johnson & Johnson (U.S.), W. L. Gore & Associates, Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), Abbott Laboratories (U.S.), Penumbra, Inc. (U.S.). Strategic acquisitions, geographic expansion, agreements, new product launches and collaborations are the major adopted strategies by most key players to achieve growth in the global neurovascular devices/interventional neurology market.

To view TOC of this report is available upon request @

https://www.futuremarketinsights.com/toc/rep-gb-1323

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Contact Us

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Neurovascular Devices Market Growth and Forecast-2026 here

News-ID: 801798 • Views: 248

More Releases from Future Market Insights

Ferrovanadium Market to Witness Robust Expansion throughout the Forecast 2018-20 …
Future Market Insights (FMI) analyses the global ferrovanadium market in its new publication titled “Ferrovanadium Market: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)”. This study provides data for 2017 along with the forecast for the period (2018–2028). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights pertaining to various segments of the global ferrovanadium
Automotive Lighting Market is expected to grow at a CAGR of ~6% during the forec …
In a recent publication, Future Market Insights (FMI) provides a perspective on the growth trajectory of automotive lighting market for the period between 2019 and 2029. According to the study, worldwide sales of automotive lighting reached ~2 billion units, equating a value of ~US$ 36.5 billion in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the
Motorcycle Suspension System Market Size, Share, Industry Analysis, Future Growt …
Future Market Insights has released a new market study on "Motorcycle Suspension System Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028", which studies the global Motorcycle Suspension System market and offers deep dive analysis for the next ten years. The report evaluates all the key macro-economic factors projected to support the growth of the global as well as regional markets. The report on Motorcycle Suspension System also presents the
Clinical Trials Market Survey Report 2021 Along with Statistics, Forecasts till …
The study offers a long-term forecast of the clinical trials landscape for the period between 2019 and 2029. The clinical trials landscape is projected to record a 4.5% CAGR through 2029. Collaboration at Its Peak: Key Strategy of Manufacturers in Clinical Trials Market For reducing economic burden, many companies are planning to shift their focus towards on-core business activities, thereby outsourcing their clinical trials activities to the CROs (contract research organizations). This

All 5 Releases


More Releases for Devices

Anesthesia Monitoring Devices Market
Anesthesia Monitoring Devices Market was valued at USD 1035 Million in 2016 and is expected to reach USD 3272 Million by 2026, at a CAGR of 12.2%.(Detailed analysis of the market CAGR is provided in the report)Anesthesia Monitoring Devices MarketThe use of anesthesia monitoring device is to monitor a patient’s response towards anesthetic drugs during a surgery procedure. The Market for anesthesia monitoring devices primarily depends on increasing life expectancy
Digital Microfluidic Devices Market
This report studies the Digital Microfluidic Devices Market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions. This report presents the worldwide Digital Microfluidic Devices market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market
Mexico Cardiac Assist Devices
Mexico Cardiac Assist Devices Overview "Mexico Cardiac Assist Devices Market Outlook to 2025", provides key market data on the Mexico Cardiac Assist Devices market. The report provides value, in millions of US dollars, volume (in units) and average prices (USD) within market segments - Intra-Aortic Balloon Pumps, Total Artificial Heart and Ventricular Assist Devices. Click here for sample report @ https://www.wiseguyreports.com/sample-request/3107735-mexico-cardiac-assist-devices-market-outlook-to-2025   Major Key Players: Abbott Laboratories Medtronic plc Getinge AB. Major Highlight of the report: The report also provides
4G (LTE) Devices Market
Persistence Market Research delivers key insights on the global 4G (LTE) devices market in a new publication titled “Global Market Study on 4G (LTE) Devices: Single Brand Store Distribution Channel Segment Expected to Witness Significant Growth Between 2016 and 2024” In terms of value, the global 4G (LTE) devices market is projected to register a healthy CAGR of 13.1% during the forecast period owing to various factors, regarding which Persistence
Aesthetic Devices-Medical Devices Pipeline Assessment 2017
ReportsWeb.com published “Aesthetic Devices-Medical Devices Pipeline Assessment 2017” from its database. The report reviews top companies involved and enlists all trials pertaining to the company. Report provides latest news for the past three months. Original Content: Publisher's Medical Devices sector report, "Aesthetic Devices-Medical Devices Pipeline Assessment, 2017" provides an overview of Aesthetic Devices currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of the products at
Neurorehabilitation Devices Industry Drivers
Neurorehabilitation Devices Market: Snapshot The market for neurorehabilitation devices holds a lot of potential, analysts have found. Already well-established markets in North America and Europe, coupled with immense growth opportunities in the emerging economies of Asia Pacific and Latin America indicate the favorable pace at which the global neurorehabilitation devices market is likely to grow over the coming years. The introduction of wearable technology and robotics has been having a tremendous