The Global market for Interventional Neurology is expected to reach $2.2 billion by the end of 2020 growing at a CAGR of around 7.3% from 2014 to 2021.
Interventional neurology is the specialty that utilizes minimally invasive, image guided techniques to diagnose and treat most of the complex diseases related to arteries & veins of brain, neck and spine. In interventional neurology, medical imaging systems are used to view the area of interest. After the observation of the area, the procedure is performed using various neurological devices. The procedure is minimally invasive which reduces the risk of infection & also reduces the time required for healing & recovery.
Increase in incidence of neurological disorders, huge investments by private players in interventional neurology devices, increase in research & development in the field of neuro-therapies and rise in the number of aging population are some of the factors driving the growth of the market. High cost of treatment and Stringent FDA validation & guidelines for new therapies & devices are the major reasons hampering the market growth.
The Global Interventional Neurology Market is segmented on the basis of Techniques (Vertebroplasty, Carotid Artery Angioplasty & Stenting, Stroke Therapy and Pre-operative Tumor Embolization), Applications (Acute ischemic stroke, chronic ischemic stroke, intracranial atherosclerotic disease and Endovascular cerebral aneurysm), Products (Mechanical thrombectomy devices, Remodelling balloons, Stenting Systems, Micro-guidewires Micro-catheters and Catheter-guidewires) and Region.
The Interventional Neurology market in Asia Pacific is growing at a good pace due to increase in the per capita income and awareness regarding interventional procedures. The key players are Johnson & Johnson, Abott, Boston Scientific, Bayer, Covidien, Stryker, Medtronic, Chestnut, Terumo, Penumbra, Sequent Medical and others.
What the report offers
Market analysis for the Global market for Interventional Neurology, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global market for Interventional Neurology on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
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