Global Neurointerventional Devices Market Major Regions from Angles of Players, Product Types and End Industries till 2022

Neurointerventional devices witness significant demand among the healthcare professionals attributed to minimally invasive features. Growing prevalence of vascular diseases, ischemic strokes and aneurysm has revved up demand for neurointerventional devices in the healthcare industry. Neurointerventional devices will also be used for treatment of atherosclerosis, which is expected to impact growth of the global neurointerventional devices market positively. This Fact.MR report analyzes the expansion of global neurointerventional devices market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

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The next section offers an overview of the global neurointerventional devices market. This comprises an introduction to the market, along with a standard definition of the product – neurointerventional devices. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global neurointerventional devices market, the report provides updates about market opportunities, which can benefit leading manufacturers of neurointerventional devices. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for neurointerventional devices manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.

Atherosclerosis to Fuel Demand for Neurointerventional Devices
Apart from treatment of ischemic strokes and aneurysm, the neurological devices are also used for treatment of vascular diseases. Growing prevalence of atherosclerosis due to building fatty plaque leads to narrow vessels. This vascular disorders adversely affect the kidneys, legs, neck, and stomach arteries. As these arteries are connected with the brain, vascular disorder adversely affects the brain too. Due to such factors, the neurointerventional devices witness significant demand in the healthcare industry.

Hospitals to Register Significant Growth
Embolic coils will outsell other neurointerventional devices, and is expected to represent a value of over US$ 270 Mn by the end of 2017. North America is predicted to represent the largest market for neurointerventional devices globally. On the basis of products, balloon neurointerventional devices is expected to register the highest CAGR growth in the global neurointerventional devices market throughout 2022. Neurovascular thrombectomy is expected to register the second highest revenue growth in the global market.

Neurointerventional devices is expected to witness significant demand in the hospitals globally. Hospital is predicted to represent a value of more than US$ 900 Mn by the end of 2022. During the predicted period, this segment will register the highest CAGR as compared to other end users in the global neurointerventional devices market. Ambulatory surgical centers is expected to witness the second highest growth in the global neurointerventional devices market by 2022 – end.

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In terms of technology, coiling procedure is expected to register the highest revenue growth in the global neurointerventional devices market. Coiling procedure is predicted to represent a value of more than US$ 300 Mn in 2017. North America will witness considerable demand for coiling procedures in the healthcare industry. Neurothrombectomy procedure is expected to witness the second highest revenue growth in the global market. This segment is expected to represent a value of more than US$ 100 Mn by the end of 2017.

Coiling procedures, cerebral angiography, and stenting among other technologies will register the highest CAGR growth in the global neurointerventional devices market through 2022. These segments are expected to witness parallel CAGR growth in the global neurointerventional devices market during the predicted period.

Market Players Operating in the Global Market
Major market players operating in the global neurointerventional devices market include Boston Scientific Corporation, Medtronic plc, St. Jude Medical, Inc., Nevro Corp., Nuvectra Corporation, Stimwave Technologies, Inc., and Saluda Medical Pty Ltd.

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