Interventional Neuroradiology Market is valued at USD 2305.2 Million in 2021 and expected to reach USD 3425.2 Million by 2028 with a CAGR of 5.82% over the forecast period.
The increasing preference for minimally invasive procedures with the growing prevalence of chronic diseases are driving the Global Interventional Neuroradiology Market.
Market Analysis of Interventional Neuroradiology
Interventional Neuroradiology (INR) is also known as neuro endovascular therapy and is a medical sub-domain of radiology specifying slightly offensive image-based techniques and procedures used in diagnosis and treatment of diseases related to neck, head and spine. This therapy is focusing on the diagnosis and characterization of abnormalities of the peripheral and central nervous system, head, spine and neck by using neuroimaging techniques. Interventional neurology has undergone a prompt evolution in past 2-3 decades due to the continuing advances in imaging technology and the introduction of new tools, including more traceable microcatheters and safer embolic materials. Currently, neuroradiological techniques play vital roles in the diagnosis of brain arteriovenous malformation (AVM), cerebral aneurysm, Carotid-cavernous fistula (CCF), head and neck tumors, meningioma, nosebleeds, strokes and vertebral body tumors. As compared to open surgical methods, this method offers minimally invasive substitutes for various head and neck disorders. The head and neck interventions can be executed through percutaneous, endovascular or an arrangement of these two.
Interventional Neuroradiology market report is segmented on the basis of product, disease, end-user and region & country level. Based upon product, interventional neuroradiology market is segmented into neurovascular embolization and coiling assist devices, embolic coils, flow diversion devices, liquid embolic agents, accessories, micro catheters, microguidewires and others. Based on disease, market is segmented into cerebral aneurysms, intra-cranial tumors, acute strokes and other. Based upon end-user, interventional neuroradiology market is segmented into hospitals, ambulatory surgical centers and others.
Interventional Neuroradiology Market Segmentation:-
- Neurovascular Embolization and Coiling Assist Devices
- Embolic Coils
- Flow Diversion Devices
- Liquid Embolic Agents
- Micro catheters
- Cerebral Aneurysms
- Intra-Cranial Tumors
- Acute Strokes
- Ambulatory Surgical Centers
Interventional Neuroradiology Companies-
Some major key players for interventional neuroradiology market are Balt Extrusion, Merit Medical Systems, Terumo Corporation, Medtronic, Penumbra, Inc., Stryker, DePuy Synthes, Boston Scientific Corporation, W. L. Gore & Associates, MicroPort Scientific Corporation, Codman neuro and others.
The interventional neuroradiology market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America is expected to dominate the interventional neuroradiology market owing to the cost effective diagnosis, growing occurrence of chronic diseases and high demand of minimally invasive technologies in this region. Additionally, high acceptance of technologically advanced medical devices and well established healthcare groundwork are supporting the growth in North America. Asia-Pacific is expecting to be the fastest region within forecast period due to the swift developments in healthcare infrastructure in the emerging economies such as India and china.
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- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
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