The Global Neurovascular Devices Market is expected to be valued at USD 3.53 Billion in 2027 from USD 2.23 Billion in 2019, registering a CAGR of 5.6% through the forecast period. Neurovascular devices, such as artery stents, microcatheters, and distal filter devices, are significantly employed to treat various neurovascular conditions, including aneurysm, ischemic stroke, arteriovenous malformation, vasculitis, and intracranial stenosis. Revenue from the global neurovascular devices market is predicted to register a massive growth rate over the forecast timeline. The surging prevalence of neurovascular and cardiovascular diseases worldwide, growing demand for minimally invasive surgical procedures, the emergence of technologically advanced neurovascular devices, and the recent breakthroughs in neurovascular therapies, such as Terumo’s SOFIA catheter for distal navigation and revascularization, are the primary factors responsible for the growth of the global neurovascular devices market.
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The dynamically expanding healthcare infrastructure, growing commercialization of state-of-the-art neurovascular technologies, and favorable medical reimbursement policies are the other factors that are indispensable to the market growth. However, another factor boosting the market growth is the rapid adoption of interventional neurovascular devices in the healthcare industry for effective disease diagnosis and treatment. The most widely used interventional neurological therapies include angiography, catheter-based techniques, and fluoroscopy. Furthermore, manufacturers are heavily investing in research & development activities to advance neurovascular devices technologically.
Key findings of the report:
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For the purpose of this report, the global neurovascular devices market has been segmented on the basis of device type, application, and region:
By Device Type (Revenue, USD Million; 2017-2027)
By Application (Revenue, USD Million; 2017-2027)
By Region (Revenue, USD Million; 2017-2027)
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Table of contents
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2026 Chapter 3. Indicative Metrics Chapter 4. Neurovascular Devices Segmentation & Impact Analysis 4.1. Neurovascular Devices Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing investment in healthcare sector 4.2.2.2. Product Development and Commercialization 4.2.2.3. Increase in Demand for Effective Neurovascular Devices 4.2.3. Market restraints analysis 4.2.3.1. Lack of Skilled Neurosurgeons 4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter’s Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis Chapter 5. Neurovascular Devices Market By Type Insights & Trends 5.1. Type Dynamics & Market Share, 2019 & 2026 5.2. Cerebral Embolization and Aneurysm Coiling 5.2.1. Market estimates and forecast, 2016 – 2026 (USD Million) 5.2.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million) 5.2.3. Embolic Coils 5.2.4. Flow Diversion 5.2.5. Liquid Embolic Agents 5.3. Cerebral Angioplasty and Stenting Systems 5.3.1. Market estimates and forecast, 2016 – 2026 (USD Million) 5.3.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million) 5.3.3. Carotid Artery Stents 5.3.4. Embolic Protection Systems 5.4. Neurothrombectomy 5.4.1. Market estimates and forecast, 2016 – 2026 (USD Million) 5.4.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million) 5.4.3. Clot Retrieval 5.4.4. Suction 5.4.5. Vascular Snares 5.5. Support 5.5.1. Market estimates and forecast, 2016 – 2026 (USD Million) 5.5.2. Market estimates and forecast, by region, 2016 – 2026 (USD Million) 5.5.3. Micro Catheters 5.5.4. Micro Guidewires Chapter 6. Neurovascular Devices Market By Application Insights & Trends
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