Home > Health > Interventional Neurology Devices Market value worth USD 2,898.67 Million 2021 | Market Data Forecast

Interventional Neurology Devices Market value worth USD 2,898.67 Million 2021 | Market Data Forecast

Added: (Tue Mar 13 2018)

Pressbox (Press Release) - The Interventional Neurology Devices Market was worth $ 1,896 Million in 2016 and estimated to reach $ 2,898.67 Million by the end of 2021 with a growing potential of 8.86 %.

Browse market data tables and in-depth TOC of the Global Interventional Neurology Devices Market to 2021 @ https://www.marketdataforecast.com/market-reports/global-interventional-neurology-devices-market-1711/

Interventional neurology is a non-surgical specialty that uses image guided techniques, minimally invasive for the treatment of many complex and dangerous diseases of brain, neck and spine. The specialty for the treatment of these neurovascular diseases is known as neurosurgery. A variety of material such as cobalt, nitinol, and platinum are used in neurovascular devices to achieve the specific characteristics for ischemic stroke prevention and aneurysm repair.

Major factors that are driving the growth of the market are growth in patient population, advancements in technology, favourable reimbursements across mature markets, and increasing healthcare infrastructure across the developing countries. But, ongoing healthcare reforms in United States, lack of skilled neurosurgeons, stringent regulatory bodies across major markets are hindering the growth of neurology market.

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Based on Technology, the market is segmented into embolization and coiling, balloon angioplasty, carotid stenting, neurothrombectomy, micro support devices and others. Based on Product the market is categorized into carotid Stent, microcatheter, flow diversion, microguidewires, suction device, stenting systems, clot retrieval and others. Based on end users, the market is segmented into hospitals, ambulatory centers, neurology clinics and others. Based on Geography, the Interventional Neurology market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is predicted to account the largest share of the interventional neurology market, followed by Europe and Asia-Pacific. Moreover, Asia-Pacific is expected to show highest CAGR during the forecast period.

Some of the major companies operating in global Interventional Neurology Market are Stryker Corporation, Medtronic plc, Johnson & Johnson, Terumo Corporation, Penumbra Inc., Abbott Laboratories, Merit Medical Systems Inc., W. L. Gore & Associates Inc., Microport Scientific Corporation, and Medikit Co., Ltd.

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The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porterís Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
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