Press Releases
 
Neurointerventional Devices Market Competitive Landscape Analysis with Forecast by 2025

, 15 March 2019 -- Neurointerventional Devices Market - Global Industry Analysis, Size, Growth, Trends and Forecast 2017 - 2025

Neurointerventional radiology or neurovascular intervention is a relatively new medical specialty that utilizes minimally invasive endovascular techniques for the treatment of vascular diseases of the brain. The treatment of conditions that occur within the spinal cavity or vessels of the brain is called neurointervention. Neurointervention is gaining high acceptance amongst neuro-specialists due to its advantageous feature of minimal invasiveness. Compared to the conventional clipping method, neurointervention has a significant success rate.

Recently, the number of cases of stroke and aneurysm has increased. Rising prevalence of ischemic stroke and brain aneurysm is boosting the global neurointerventional devices market. Low rate of mortality during treatment using these devices has led to wide popularity of neurointerventional devices among neuro-specialists/neurosurgeons.

Rise in geriatric population is anticipated to augment the demand for neurointerventional devices in the next few years. Currently, neurointerventional devices are being used widely in developed regions such as Europe and North America. These devices are anticipated to be more popular in Latin America and Asia Pacific during the forecast period. Stroke and aneurysm-related disorders are more common in Latin America than Europe. Due to advanced surgical technology used in neurointerventional devices, usage of these devices by neurosurgeons is increasing. These devices, especially catheters and metal coils, are preferred by neurosurgeons. However, high cost of certain neurointerventional devices proves to be a major restraint for the neurointerventional devices market.

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=37670

The global neurointerventional devices market has been segmented based on product, technique, end-user, and region. Based on product, the neurointerventional devices market has been segmented into neurovascular stents (intracranial stents & carotid stents), embolic coils, neurovascular thrombectomy devices, intrasaccular devices, flow diverters, balloons, liquid embolics, stent retrievers, and embolic protection devices. Among products, flow diverters and stent retrievers segments are anticipated to witness remarkable growth during the forecast period. Based on technique, the neurointerventional devices market has been divided into cerebral angiography, neurothrombectomy, stenting, flow disruption, and coiling procedure. Coiling procedure is expected to be the leading technique segment of the global neurointerventional devices market during the forecast period. Based on end-user, the market has been segmented into ambulatory surgical centers and hospitals.

According to Brain Aneurysm Foundation, in 2015, around 6 million people in the U.S. had unruptured brain aneurysm. The annual rate of rupture is approximately 8–10 per 100,000 people, which means about 30,000 people in the U.S. suffer from brain aneurysm rupture. Every year, almost 500,000 deaths are caused by brain aneurysm worldwide and 50% of the victims are aged 50 years or below. According to Center for Disease Control & Prevention, stroke is the fifth leading cause of death in the U.S., killing more than 130,000 people in the country every year (one out of every 20 deaths). Stroke costs the U.S. approximately US$ 33 Bn every year. This includes the cost of health care services, medicines to treat stroke, and missed days of work.

Geographically, the global neurointerventional devices market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds the largest market share, while Europe holds the second-largest share. High awareness about neurovascular diseases in Europe is expected to drive the neurointerventional devices market in the region during the forecast period. However, high cost of neurointerventional devices has become a limiting factor for the market in developing regions. Despite this, the neurointerventional devices market in Asia Pacific is anticipated to witness remarkable growth in the near future. Increase in the prevalence of neurovascular diseases, growing awareness, and rising elderly population are some of the key factors driving the market in Asia Pacific.

Request for TOC @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=37670

Major players operating in the global neurointerventional devices market are Medtronic, Penumbra Inc., Stryker Corporation, Terumo Corporation, Johnson & Johnson, Boston Scientific, BrainLab, Elekta, Karl Storz, and Micromar. Introduction of technologically advanced products can help international players explore untapped market potential in Asia and Latin America.

# # #


Submitted by hawer on Friday, 15 March 2019 at 3:12 PM
Category: Health Care & Medical
 
Related News

Hepatic Encephalopathy Market Growth and Sales Forecast 2017 - 2025
Thursday, 21 Mar 2019

Macular Edema Market Growth and Sales Forecast 2017 - 2025
Thursday, 21 Mar 2019

Culture Media Market is projected to be worth US$10.1 bn by 2025.
Thursday, 21 Mar 2019

Liposome Drug Delivery Market Size, Application Analysis, Regional Outlook, 2017 - 2025
Thursday, 21 Mar 2019

Moist Wound Dressings Market Dynamics, Segments and Supply Demand 2017 - 2025
Thursday, 21 Mar 2019

Related Events

Clinical Reviews 2019: 30th Annual Family Med And Internal Med Update
Wednesday, 20 Mar 2019

16th St. Gallen International Breast Cancer Conference
Wednesday, 20 Mar 2019

International Eating Disorders Conference, London 2019
Wednesday, 20 Mar 2019

Mayo Clinic ENT Update 2019 and Tackling Problematic Sinusitis 2019
Wednesday, 20 Mar 2019

Cardiac Rehabilitation Workshop: The Mayo Clinic Model, Rochester, MN 2019
Wednesday, 20 Mar 2019

Latest News

Cash Homes MN Releases The February 2019 Hennepin County Edition of the Stop Foreclosure MN Report
Thursday, 21 Mar 2019

Jammers4u Launches Drone Hunter, Powerful Handheld Anti-drone and other Remote Operated Vehicles Jam
Thursday, 21 Mar 2019

American Process - A NEW ERA
Thursday, 21 Mar 2019

Future Electronics and ON Semiconductor to Host Free Power Seminar in Seattle
Thursday, 21 Mar 2019

Qingdao Rosy Future Home Textile Stands The Most Trustworthy Bedding Manufacturer
Thursday, 21 Mar 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Thursday, 21 March 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Choose the Best Industrial Construction Company in Amarillo TX
  • Clinical Reviews 2019: 30th Annual Family Med And Internal Med Update
  • SPE Workshop: Innovative Arctic Technologies | 2019 | Harstad, Norway
  • Palo Alto Networks: Cybersecurity Forum 2019 (Singapore)
  • 16th St. Gallen International Breast Cancer Conference

  • Latest Jobs
    Sorry, there are currently no entries posted here.