Global Interventional Neurology Market: Drivers
High prevalence of brain aneurysm is expected to propel growth of the global interventional neurology market over the forecast period. For instance, according to the Brain Aneurysm Foundation, around six million people in the U.S. i.e. one in 50 people suffer from brain aneurysm every year.
Recent Developments
Major players operating in the global interventional neurology market are focused on adopting partnership strategies to enhance their market share. For instance, in 2016, Codman & Shurtleff, Inc. signed a distribution agreement with InNeuroCo, Inc. for intermediate catheter and super distal access device in the U.S. and Europe.
Major players operating in the global interventional neurology market are also focused on approval and launch of new products to expand their product portfolio. For instance, in November 2016, Concentric Medical, a subsidiary of Stryker Corporation, received the FDA approval for Trevo XP ProVue Retriever for its use in the treatment of strokes.
𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: (𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐓𝐎𝐂, 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐓𝐚𝐛𝐥𝐞𝐬 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬, 𝐂𝐡𝐚𝐫𝐭) @ https://www.coherentmarketinsights.com/insight/request-pdf/56
Key Takeaways
The global interventional neurology market is projected to reach US$ 2,684.6 million by 2024
In 2015, North America held dominant position in the global interventional neurology market, with the contribution of the region estimated at US$ 701.9 million.
Embolic coils was the largest segment and accounted for 32.5% share (in terms of revenue) in 2015. This is mainly due to these being the mainstay of endovascular treatment for brain aneurysms and hemorrhage.
Introduction of new techniques such as flow disruption and ADAPT aspiration technique is expected reduce the revenue share of coiling technique segment, and is projected to account 34.3% of the total market revenue by 2024
Demand for neurointerventional devices is analyzed to be high in hospitals as compared to ambulatory centers, due to growing number of surgical procedures in hospitals. The hospitals end use segment is analyzed to expand at a CAGR of 5.2% during the forecast period.
Covid-19 Impact Analysis
According to a study published in AHA Stroke published in November 2020, evaluation for acute ischemic stroke during the COVID-19 period was associated with a small but significant delay in intravenous thrombolysis but no significant delay in thrombectomy time metrics. Taking steps to reduce delays from imaging to bolus time has the potential to attenuate this collateral effect of the pandemic.
𝐓𝐨 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐋𝐚𝐭𝐞𝐬𝐭 𝐂𝐨𝐯𝐢𝐝𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 @ https://www.coherentmarketinsights.com/insight/request-sample/56
Market Trends:
Major players operating in the global interventional neurology market are focused on approval and launch of new products to expand their product portfolio. For instance, in November 2016, Medtronic plc received the U.S. Food and Drug Administration clearance for an expanded indication for the Solitaire stent retriever device for the treatment of acute ischemic strokes.
Major players operating in the global interventional neurology market are focused on R&D to expand their product portfolio. For instance, in July 2016, Penumbra, Inc. announced that the Penumbra 3D Trial successfully met the primary trial endpoints, demonstrating non-inferiority in both safety and efficacy of the company’s next-generation stent retriever, Penumbra 3D Revascularization Device, when used with Penumbra System aspiration devices compared to Penumbra System aspiration devices alone.
Global Interventional Neurology Market: Competitive Landscape
Major players operating in the global interventional neurology market include, Abbott Laboratories, Boston Scientific Corporation, Cook Medical, Johnson & Johnson, Medtronic plc, Merit Medical Systems, Inc., MicroPort Scientific Corporation, Penumbra, Inc., Stryker Corporation, Terumo Corporation, and W. L. Gore & Associates, Inc.
Global Interventional Neurology Market: Key Developments
Major players operating in the global interventional neurology market are focused on adopting merger and acquisition strategies to expand their product portfolio. For instance, in 2015, Medtronic PLC acquired Lazarus Effect, a U.S.-based medical device company engaged in development of acute ischemic stroke products.
Major players operating in the global interventional neurology market are also focused on approval abd launch of new products to expand their product portfolio. For instance, in September 2016, Neuravi received the CE Mark for the launch of the company’s enhancements to the EmboTrap stent retriever platform, the EmboTrap II Revascularization Device.
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐚𝐧𝐝 𝐆𝐞𝐭 𝐅𝐥𝐚𝐭 𝐔𝐒𝐃 𝟐𝟎𝟎𝟎 𝐎𝐅𝐅
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @ https://www.coherentmarketinsights.com/promo/buynow/56
Table of Contents
- Research Objective and assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Product Type
- Market Snippet By Technique
- Market Snippet By Therapeutic Application
- Market Snippet By End-Use
- Market Snippet By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Epidemiology/Prevalence/Incidence
- Merger and Acquisitions
- New Product Approvals/Launch
- Promotion and Marketing Initiatives
- Drivers
- Cost Tier Down Analysis
- Market Dynamics
- Global Interventional Neurology Market, By Product Type, 2014 – 2024 (USD Million & ‘Thousand Units)
- Introduction
- Market Share Analysis, 2015 and 2024 (%)
- Y-O-Y Growth Analysis, 2014 – 2024
- Segment Trends
- Embolic Coils
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Cartoid Stents
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Intracranial Stents
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Neurovascular Thrombectomy Devices
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Embolic Protection Devices
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Flow Diverters Devices
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Intrasaccular Devices
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Liquid Embolic Devices
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Balloons
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Stent Retrievers
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Introduction
- Global Interventional Neurology Market, By Technique, 2014 – 2024 (USD Million)
- Introduction
- Market Share Analysis, 2015 and 2024 (%)
- Y-O-Y Growth Analysis, 2014 – 2024
- Segment Trends
- Neurothrombectomy Procedure
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Cerebal Angiography Technique
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Stenting Technique
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Coiling Procedure Technique
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Flow Disruption Technique
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Introduction
- Global Interventional Neurology Market, By Therapeutic Application, 2014 – 2024 (USD Million)
- Introduction
- Market Share Analysis, 2015 and 2024 (%)
- Y-O-Y Growth Analysis, 2014 – 2024
- Segment Trends
- Brain Aneurysm
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Ischemic Strokes
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Artery Stenosis
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Vein Stenosis
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Others
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million)
- Introduction
- Global Interventional Neurology Market By End-Use, 2014 – 2024 (USD Million & ‘Thousand Units)
- Introduction
- Market Share Analysis, 2015 and 2024 (USD Million & ‘Thousand Units)
- Y-O-Y Growth Analysis, 2014 – 2024
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Ambulatory Centers
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2014 – 2024, (USD Million & ‘Thousand Units)
- Introduction
View Press Release: https://www.coherentmarketinsights.com/press-release/interventional-neurology-market-to-surpass-us-27-billion-by-2024-3
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