A brief overview of Neurovascular devices Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography
Neurovascular devices are used for the treatment and management of neurovascular disorders such as cerebral aneurysm and stenosis. The global neurovascular devices market was valued at $2,371 million in 2016, and is estimated to reach $3,409 million by 2023, growing at a CAGR of 5.3% during the study period.
This is attributed to increase in geriatric population and upsurge in number of patients suffering from neurovascular disorders. Moreover, rise in adoption of new minimally invasive techniques such as flow diversion and carotid artery stenting boosts the market growth.
However, high cost of the devices and dearth of neurosurgeons are expected to impede the market growth.
The global neurovascular devices market is segmented on the basis of product, disease pathology, and geography. Based on product, the market is classified into embolization devices, revascularization devices, accessory devices, thrombectomy devices, and emboli protection devices.
By disease pathology, it is divided into aneurysm, arteriovenous malformation & fistulas (AVM), ischemic stroke, and stenosis. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides an extensive analysis of the current & emerging market trends and dynamics in the global neurovascular devices market.
- Comprehensive analysis of geographical regions is provided to determine the prevailing opportunities in the global market.
- This study provides the competitive landscape of the global market to predict the competitive environment globally.
- This report entails the detailed quantitative analysis of the current trends and future estimations from 2016 to 2023 to identify the prevailing opportunities.
- Comprehensive analysis of factors that drive and restrain the market growth is provided in the report
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