Neurovascular Devices Market : Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Neurovascular Devices Market: By Device Type (Cerebral Angioplasty & Stenting Systems, Cerebral Embolization & Aneurysm Coiling Devices, Support Devices and Clot Retrieval), By Therapeutic Application (Stroke, Cerebral Artery Stenosis, Cerebral Aneurysm and Others), By End User (Hospitals, Clinics and Ambulatory Surgical Centers) and Geography

 

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Report

Description

The global neurovascular devices market estimated to be valued US $ 2.48 Bn in 2020 and poised to grow at significant CAGR nearly 8.3% over 2021-2027. Some of the factors propelling the market growth due to rising geriatric population they have greater risk to prone various diseases and disorders such as cerebrovascular, neurological and others. Additionally, accessibility to advance medical facilities for diagnosis and treatment will positively impact the market growth. Furthermore, upgrading in technology and new advance innovations in the medical facility will fuel the market growth. However, high cost of the treatment, lack of skilled professional and lack of awareness among the individuals will hinder the market growth. Aneurysms are caused by an increase in the prevalence of hypertension, alcohol intake, and smoking. An estimated 6 million Americans are impacted by brain aneurysms each year, according to the Brain Aneurysm Foundation. Every year, the disease claims the lives of half a million people around the world. In the creation of neurothrombectomy devices for the treatment of AIS and accompanying symptoms, a variety of additional technologies are applied. As a result, market expansion is likely to be fueled by the launch of technologically improved items and a quick product approval procedure. The report on Neurovascular Devices Market studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

 

 


Neurovascular Devices Market

MARKET SUMMARY
-
8.3%
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 8.3%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Neurovascular Devices Market

  • The report on global Neurovascular Devices Market gives historical, current, and future market sizes (US$ Bn) on the basis of device type, therapeutic application, end users and geography.
  • Neurovascular Devices Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global neurovascular devices market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global neurovascular devices products.
Key Players
  • Abbott Laboratories
  • Johnson & Johnson Services, Inc.
  • Merit Medical Systems, Inc.
  • L. Gore & Associates, Inc.
  • Penumbra, Inc.
  • Terumo Medical Corporation
  • MicroPort Scientific Corporation
Growth

Neurovascular Devices Market

Due to changing lifestyle and rising in the old aged population increasing in the prevalence of numerous of disease and disorders such as neurovascular, and others. Due to modern advance equipped medical sector which provide better medical facilities for earlier diagnosis and treatment propelling the market growth. Additionally, key players are concentrating on developing cost-effective advance medical devices which technological advance and easy to access. Moreover, favorable medical reimbursements and government initiation on the healthcare sector will positively impact on the market growth.


North-America got significant share

Neurovascular Devices Market

North America accounted for larger revenue share in global neurovascular devices market with considerable CAGR. The growth in this region, especially in developed economies such as USA and Canada can be attributed to rising in the adoption of advance medical treatment and this is supported by high funds on the healthcare. European region is expected to dominate the market growth due to developed countries such as UK and Germany. In Asia Pacific neurovascular devices is largely driven by the developing healthcare infrastructure, skilled professionals, and increase in disposable incomes.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast from 2021-2027
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

Key

Key Findings of the Report

Neurovascular Devices Market Segmentation

Neurovascular Devices Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Abbott Laboratories
  • Johnson & Johnson Services, Inc.
  • Merit Medical Systems, Inc.
  • L. Gore & Associates, Inc.
  • Penumbra, Inc.
  • Terumo Medical Corporation
  • MicroPort Scientific Corporation
  • Medtronic PLC
  • Stryker Corp
  • Asahi Intecc Co. Ltd.
  • Boston Scientific Corporation
  • Kaneka Medix Corp
  • MicroPort Scientific Corporation
  • LivaNova PLC
  • Integer Holdings Corporation

Description

The global neurovascular devices market estimated to be valued US $ 2.48 Bn in 2020 and poised to grow at significant CAGR nearly 8.3% over 2021-2027. Some of the factors propelling the market growth due to rising geriatric population they have greater risk to prone various diseases and disorders such as cerebrovascular, neurological and others. Additionally, accessibility to advance medical facilities for diagnosis and treatment will positively impact the market growth. Furthermore, upgrading in technology and new advance innovations in the medical facility will fuel the market growth. However, high cost of the treatment, lack of skilled professional and lack of awareness among the individuals will hinder the market growth. Aneurysms are caused by an increase in the prevalence of hypertension, alcohol intake, and smoking. An estimated 6 million Americans are impacted by brain aneurysms each year, according to the Brain Aneurysm Foundation. Every year, the disease claims the lives of half a million people around the world. In the creation of neurothrombectomy devices for the treatment of AIS and accompanying symptoms, a variety of additional technologies are applied. As a result, market expansion is likely to be fueled by the launch of technologically improved items and a quick product approval procedure. The report on Neurovascular Devices Market studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

 

 

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