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North America interventional neurology market worth $1bn by 2021

North America interventional neurology market worth $1bn by 2021

The North America Interventional Neurology Market was worth $ 739.47 Billion in 2016 and estimated to reach $ 1,111.91 million by the end of 2021 with a growing potential of 8.50 %

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Neurology is a branch that deals with the disorders of nervous system and brain. Interventional neurology deals with the diagnosis, treatment of all categories conditions and diseases involving the peripheral and central nervous system.

Arteries weakening will create brain aneurysms and increase the risk of intracranial bleeding.

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Neurovascular disease is a main cause of disability in adults.

Nearly 4.5 Million Americans have a stroke, out of which a few recover completely. However, enhanced technology is helping the healthcare professionals to minimize the impact of neurovascular disease.

North America is expected to account the highest share in the market owing to significant adoption of neurovascular devices among neurosurgeons, presence of key manufacturers in the region, and increasing R&D investments are driving the growth of the North American interventional neurology market.

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The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are growth in patient population, advancements in technology, favourable reimbursements across mature markets, significant adoption of neurovascular devices among neurosurgeons, presence of key manufacturers in the region, and increasing R&D investments.

But, ongoing healthcare reforms in United States, lack of skilled neurosurgeons, stringent regulatory bodies across major markets are hindering the growth of neurology market.

The products are segmented based on North America Interventional Neurology/Neurovascular devices Market type, application and end user are studied for a deep-level understanding of the Diagnostic Imaging market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.

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Based on Technology:

  • Introduction          
  • Embolization and Coiling  
  • Angioplasty            
  • Carotid Stenting   
  • Neurothrombectomy        
  • Micro support devices      
  • Others     
  • Y-o-Y Growth Analysis, By Technology      
  • Market Attractiveness Analysis, By Technology    
  • Market Share Analysis, By Technology   

 

By Product:              

  • Introduction          
  • Carotid Stent         
  • Microcatheter      
  • Flow Diversion      
  • Microguidewires 
  • Suction Device      
  • stenting systems 
  • Clot Retrieval        
  • Others     
  • Y-o-Y Growth Analysis, By Product           
  • Market Attractiveness Analysis, By Product         
  • Market Share Analysis, By Product           

By End-users:                    

  • Introduction          
  • Hospitals 
  • Ambulatory centers           
  • Neurology clinics 
  • Others     
  • Y-o-Y Growth Analysis, By End-users         
  • Market Attractiveness Analysis, By End-users       
  • Market Share Analysis, By End-users    

Based on Geography, the North America Interventional Neurology market is analyzed under various regions namely U.S and Canada. North America is leading the global Interventional Neurology/Neurovascular devices market due to technological advancements and a large pool of ageing populace. 

The North America market leads the global market and is very modern and is focused on innovating cost-effective chips.

Key players in North America Interventional Neurology Market are Stryker Corporation, Medtronic plc, Penumbra Inc., Johnson & Johnson, Terumo Corporation, Abbott Laboratories, W. L. Gore & Associates Inc., Merit Medical Systems Inc., Microport Scientific Corporation, and Medikit Co., Ltd.

Scope of the North America Interventional Neurology/Neurovascular devices Market:

  • Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
  • To detect major focus areas of industrial growth Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations are provided
  • Detailed explanation of  major drivers, restraints, opportunities, and challenges(DROC) that affect the market and impact the ever-shifting market dynamics
  • PESTLE and Porter’s Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
  • An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
  • mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
  • Expertly devised Market Outlook comprising the investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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