According to The Insight Partners market research titled ‘Neurointerventional Devices Market to 2027 – Global Analysis and Forecasts by Type, Technique and End User’. The global neurointerventional devices market is expected to reach US$ 4,524.34 Mn in 2027 from US$ 2,323.02 Mn in 2018. The market is projected to grow with a CAGR of 8.0% from 2019-2027. The report provides trends prevailing in the global neurointerventional devices market and the factors driving market and also the factors that act as hindrances.
This research report will give you deep insights about the Neurointerventional Devices Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, COVID-19 impact analysis, SWOT analysis, etc.
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The global neurointerventional devices market, based on the technique, was segmented into neurothrombectomy, stenting, coiling procedure, cerebral angiography, and flow disruption. In 2018, the neurothrombectomy accounted for the largest market share in the global neurointerventional devices market by technique. Technological development in neurothrombectomy procedures and its high acceptance by healthcare professionals are the major factors driving the growth of the segment. The primary factor for the growth of the market is the increasing adoption of neurothrombectomy techniques.
The state-of-the-art research on Neurointerventional Devices Market, which is a detailed analysis of business space inclusive of the current market trends, competitive background, and size of the market. Encircling one or more parameters among analysis of the product, application potential, and global and regional growth strategies.
The major factors boosting the market growth are increasing demand for minimally invasive procedures, and the rise in the prevalence of the cerebral aneurysm is anticipated to drive the market. However, the high cost of neurointerventional devices is hampering the growth of the market.
A thoroughgoing evaluation of the market restrains included in the report which represents the difference to drivers of the market and gives scope for strategic insights and developments. The research study has amalgamated the growth analysis of different aspects that enhance the market growth scenario. It constitutes key market drivers, restraints and trends that transform the market in either a positive or negative manner.
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The neurointerventional devices market majorly consists of players such as Medtronic, Stryker, iVascular S.L.U., Terumo Corporation, Boston Scientific Corporation, Merit Medical Systems, Penumbra, Inc., Rapid Medical, MicroPort Scientific Corporation, and InspireMD, Inc. among others. Several companies are concentrating on organic strategies, such as product launch and product approvals. For instance, in May 2019, Stryker received pre-market FDA approval for Neuroform Atlas Stent System Neuroform Atlas is only the second adjunctive stent to be given PMA clearance in combination with detachable embolic coils for the treatment of wide-neck, intracranial aneurysms.
Strategic Insights
Report Coverage | Details |
---|---|
Market Size Value in | US$ 2,323.02 Million in 2018 |
Market Size Value by | US$ 4,524.34 Million by 2027 |
Growth rate | CAGR of 8.0% from 2019-2027 |
Forecast Period | 2019-2027 |
Base Year | 2019 |
No. of Pages | 156 |
No. of Tables | 72 |
No. of Charts & Figures | 70 |
Historical data available | Yes |
Segments covered | Type Type ; Technique ; End User and Geography |
Regional scope | North America, Europe, Asia Pacific, Middle East & Africa, South & Central America |
Country scope | US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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The Table of Content for Neurointerventional Devices Market research study includes:
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