Overview of This Study:
This study involved four major activities in estimating the current size of the Neurovascular Surgical Devices Market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. After that, the market breakdown and data triangulation were done to determine the market size of the segments and sub-segments.
Market Size Estimation:
Both top-down and bottom-up approaches have been used to estimate and validate the size of the neurovascular devices market and its dependent submarkets. These methods were also used extensively to determine the extent of various sub-segments in the market. The research methodology used to estimate the market size includes the following:
# The key players in the industry and demand have been identified through extensive secondary research, and their market share has been determined through both primary and secondary research.
# The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
# All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
# All the possible parameters that affect the market segments covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
# The above-mentioned data was consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.
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Expected Revenue Surge:
The Neurovascular Surgical Devices Market size is expected to grow from an estimated USD 2.5 billion in 2021 to USD 3.8 billion by 2026, at a CAGR of 8.6%.
Growth Influencing Factors:
The growing target patient population, ongoing product development, and commercialization, favorable medical reimbursements, expansion of healthcare infrastructure across the emerging markets, growth in market demand for effective neurovascular devices, increase in research in the field of neurovascular therapies, rise in demand for minimally invasive neurosurgical procedures, and increase in awareness among neurosurgeons about minimally invasive surgical procedures are high growth prospects for the neurovascular devices/ interventional neurology market during the forecast period.
COVID-19 Impact on the Global Neurovascular Devices Market
Globally, the outbreak of COVID-19 has impacted every aspect of the medical devices industry, including interventional neurology devices. From the past six months, the number of patient visits to hospitals has also reduced significantly despite the emergency. There is considerable variation in the management of neurointerventional procedures during the COVID-19 pandemic. Patients are avoiding healthcare institutions to prevent contact with COVID-19 patients and healthcare professionals.
Falling rates have been observed across a range of acute and critical conditions, including stroke, myocardial infarction, and various cancers. The interventional neurology devices market is expected to be impacted due to the temporary postponement of various elective surgeries, as governments and authorities seek to ensure the availability of resources for COVID-19 patients. Closed manufacturing facilities due to lockdowns have also disrupted supply chains, and reduced recruitments for clinical trials have further impacted the growth of the overall neurovascular devices market in 2020.
End Users:
The ambulatory care centers segment is expected to grow at the highest CAGR during the forecast period.
Based on end-user, the neurovascular devices market has been segmented into hospitals & surgical centers, ambulatory care centers, and research laboratories, and academic institutes. As of 2020, hospitals & surgical centers are estimated to account for the largest share of the global neurovascular devices/interventional neurology market in 2021, while ambulatory care centers are projected to register the highest CAGR during the forecast period.
Growing patient preference for minimally invasive medical procedures, rising number of ambulatory surgery centers across developed countries, along with the ease of scheduling, the focused clinical staff, the improved productivity, and the increased safety, and efficacy of these centers, are the major factors that are expected to drive the growth of this end-user segment in the coming years.
Geographical Growth Scenario:
North America is expected to be the largest market during the forecast period.
North America is estimated to be the largest market for Neurovascular Surgical Devices Market during the forecast period. The neurovascular devices/interventional neurology market in North America is driven primarily by factors such as the growing target patient population for neurovascular diseases, rising awareness among neurosurgeons regarding the benefits offered by interventional neurology devices, and ongoing government initiatives to modernize & expand healthcare infrastructure. Additionally, the adoption of these devices has increased due to falling product prices, thereby further supporting the market growth in this region.
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Key Players:
To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the neurovascular devices/interventional neurology market. The major players in the neurovascular devices/interventional neurology market are Johnson & Johnson (US), Medtronic PLC, Stryker Corporation (US), Terumo Corporation (Japan), Penumbra, Inc. (US), MicroPort Scientific Corporation (China), and Kaneka Corp. (Japan) among others.
These players are adopting various strategies to increase their share in the neurovascular devices/interventional neurology market. Collaborations & agreements, new product launches, and expansions have been a widely adopted strategy by the major players in neurovascular devices industry.
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Neurovascular Devices Market - Emerging Trends to Boost the Global Industry Revenue
DPI Research published a new report, titled Neurovascular Market: Global Opportunity Analysis and Industry Forecast” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.
This study is a helpful source of information for market players, investors, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.Download Free Sample Report @ https://dpiresearch.com/request-a-free-sample-reportMarket growth can be attributed to factors such as growing obese and ageing population, rising patient pool for hemorrhagic and ischemic stroke, ongoing product development & commercialization, increasing demand for minimally invasive procedures for the treatment of neurovascular disease, expansion of healthcare infrastructure across emerging markets and technological advancement in the field of neurovascular devices market“Global Neurovascular Devices Market Analysis, Size, Share, Segmentation and Competitive Landscape (2013 – 2017) and Future Forecast (2018 – 2025)” examines the market dynamics, competitive landscape and discusses major trends.
The study describes an in–depth analysis of the global neurovascular devices market.The report contains a granular analysis of the present industry situations, market demands, reveal facts on the market size, revenues and provides forecasts through 2025.
The report provides in-depth analysis and information according to categories such as products, therapeutic application, geography, company and competitive landscape.
It covers United States, United Kingdom, France, Italy, Spain, Germany, Japan, China, India and Brazil from 2013 to 2017 and forecasts to 2025.The report concludes with the profiles of major players in the neurovascular devices market.
The major market players are evaluated on various parameters such as company overview, product portfolios, market revenue and recent development of the neurovascular devices market.Enquire for customization in Report @: https://dpiresearch.com/services/custom-research-services-providing-focused-comprehensive-tailored-research/The Major Companies Dominating this Market for its Products, Services and Continuous Product Developments are:Stryker, Medtronic, MicroVention Terumo, Cerenovus (Johnson & Johnson), Penumbra, Microport Scientific Corporation, Integer Holdings CorporationMarket Segmentation: Global Neurovascular Devices MarketThe global neurovascular devices market is classified on the basis of product type, therapeutic application, geography and companyNeurovascular Devices Market, by ProductsCoilCarotid StentClot RemovalLiquid EmbolicCoil Assist BalloonCoil Assist StentFlow Diverter StentMicro wire/CatheterOther ProductsNeurovascular Devices Market, by Therapeutic ApplicationAneurysmIntracranial Atherosclerotic Disease (ICAD)Ischemic StrokeArteriovenous Malformation (AVM)Other Therapeutic ApplicationsNeurovascular Devices Market, by CountryUnited StatesFranceGermanyItalySpainUnited KingdomJapanChinaIndiaBrazilRest of the World (ROW)Neurovascular Devices Market, by CompanyStrykerMedtronicMicroVention TerumoCerenovus (Johnson & Johnson)PenumbraMicroport Scientific CorporationInteger Holdings CorporationKey questions answered in this research report:At what pace is the neurovascular devices market growing, globally?
The global Neurovascular Devices Market research report 2021 available on DecisionDatabases covers top company players in various countries along with analyzing the market trends and growth rate.
Segment analysis by types and application helps in bifurcating the Neurovascular Devices market and understand each product type.
L. Gore & AssociatesTerumoJohnson & JohnsonAbbott VascularMedtronicMicroport Scientific CorporationPenumbraOthersClick here to get a FREE Sample Copy of the Neurovascular Devices Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-14785The Global Neurovascular Devices Market Report is equipped with market data from 2016 to 2026.
It also evaluates the competitive scenario of the leading players.
The detailed sales channel is also covered in the study.COVID-19 Impact Analysis on Neurovascular Devices MarketThe global pandemic COVID-19 has affected the Neurovascular Devices market directly or indirectly.
The impact study on production, supply-demand, and sales provides a holistic approach to the future.Do You Have Any Query Or Report Customization?
The Global Neurovascular Devices Market research report offers accurate insights for the growth prospects of the Neurovascular Devices market in the forecast years 2020-2027.
The report is an all-inclusive study of the Neurovascular Devices market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
Furthermore, the market is segmented into product types, applications, end-user industries, and regions.
Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.
The key players studied in the report include:L. Gore & Associates, Inc. (US), Terumo Corp. (Japan), Abbott Laboratories (US), Merit Medical Systems, Inc. (US), Medtronic Plc (Ireland), Penumbra, Inc. (US), Stryker Corp. (US), Johnson & Johnson (US), MicroPort Scientific Corp. (China) and others.Type (Revenue, USD Million; 2016-2026)Cerebral Embolization and Aneurysm CoilingEmbolic CoilsFlow DiversionLiquid Embolic AgentsCerebral Angioplasty and Stenting SystemsCarotid Artery StentsEmbolic Protection SystemsNeurothrombectomyClot RetrievalSuctionVascular SnaresSupportMicro CathetersMicro GuidewiresApplication (Revenue, USD Million; 2016-2026)Cerebral Artery StenosisStrokeCerebral AneurysmOthersRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1348Additionally, the report covers an analysis of the key market regions where the market has substantial size and share.
DPI Research published a new report, titled Neurovascular Market: Global Opportunity Analysis and Industry Forecast” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.
This study is a helpful source of information for market players, investors, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.Download Free Sample Report @ https://dpiresearch.com/request-a-free-sample-reportMarket growth can be attributed to factors such as growing obese and ageing population, rising patient pool for hemorrhagic and ischemic stroke, ongoing product development & commercialization, increasing demand for minimally invasive procedures for the treatment of neurovascular disease, expansion of healthcare infrastructure across emerging markets and technological advancement in the field of neurovascular devices market“Global Neurovascular Devices Market Analysis, Size, Share, Segmentation and Competitive Landscape (2013 – 2017) and Future Forecast (2018 – 2025)” examines the market dynamics, competitive landscape and discusses major trends.
The study describes an in–depth analysis of the global neurovascular devices market.The report contains a granular analysis of the present industry situations, market demands, reveal facts on the market size, revenues and provides forecasts through 2025.
The report provides in-depth analysis and information according to categories such as products, therapeutic application, geography, company and competitive landscape.
It covers United States, United Kingdom, France, Italy, Spain, Germany, Japan, China, India and Brazil from 2013 to 2017 and forecasts to 2025.The report concludes with the profiles of major players in the neurovascular devices market.
The major market players are evaluated on various parameters such as company overview, product portfolios, market revenue and recent development of the neurovascular devices market.Enquire for customization in Report @: https://dpiresearch.com/services/custom-research-services-providing-focused-comprehensive-tailored-research/The Major Companies Dominating this Market for its Products, Services and Continuous Product Developments are:Stryker, Medtronic, MicroVention Terumo, Cerenovus (Johnson & Johnson), Penumbra, Microport Scientific Corporation, Integer Holdings CorporationMarket Segmentation: Global Neurovascular Devices MarketThe global neurovascular devices market is classified on the basis of product type, therapeutic application, geography and companyNeurovascular Devices Market, by ProductsCoilCarotid StentClot RemovalLiquid EmbolicCoil Assist BalloonCoil Assist StentFlow Diverter StentMicro wire/CatheterOther ProductsNeurovascular Devices Market, by Therapeutic ApplicationAneurysmIntracranial Atherosclerotic Disease (ICAD)Ischemic StrokeArteriovenous Malformation (AVM)Other Therapeutic ApplicationsNeurovascular Devices Market, by CountryUnited StatesFranceGermanyItalySpainUnited KingdomJapanChinaIndiaBrazilRest of the World (ROW)Neurovascular Devices Market, by CompanyStrykerMedtronicMicroVention TerumoCerenovus (Johnson & Johnson)PenumbraMicroport Scientific CorporationInteger Holdings CorporationKey questions answered in this research report:At what pace is the neurovascular devices market growing, globally?
The global Neurovascular Devices Market research report 2021 available on DecisionDatabases covers top company players in various countries along with analyzing the market trends and growth rate.
Segment analysis by types and application helps in bifurcating the Neurovascular Devices market and understand each product type.
L. Gore & AssociatesTerumoJohnson & JohnsonAbbott VascularMedtronicMicroport Scientific CorporationPenumbraOthersClick here to get a FREE Sample Copy of the Neurovascular Devices Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-14785The Global Neurovascular Devices Market Report is equipped with market data from 2016 to 2026.
It also evaluates the competitive scenario of the leading players.
The detailed sales channel is also covered in the study.COVID-19 Impact Analysis on Neurovascular Devices MarketThe global pandemic COVID-19 has affected the Neurovascular Devices market directly or indirectly.
The impact study on production, supply-demand, and sales provides a holistic approach to the future.Do You Have Any Query Or Report Customization?
The Global Neurovascular Devices Market research report offers accurate insights for the growth prospects of the Neurovascular Devices market in the forecast years 2020-2027.
The report is an all-inclusive study of the Neurovascular Devices market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic.
The global public health emergency has disrupted the lives of everyone across the globe.
Furthermore, the market is segmented into product types, applications, end-user industries, and regions.
Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies.
The key players studied in the report include:L. Gore & Associates, Inc. (US), Terumo Corp. (Japan), Abbott Laboratories (US), Merit Medical Systems, Inc. (US), Medtronic Plc (Ireland), Penumbra, Inc. (US), Stryker Corp. (US), Johnson & Johnson (US), MicroPort Scientific Corp. (China) and others.Type (Revenue, USD Million; 2016-2026)Cerebral Embolization and Aneurysm CoilingEmbolic CoilsFlow DiversionLiquid Embolic AgentsCerebral Angioplasty and Stenting SystemsCarotid Artery StentsEmbolic Protection SystemsNeurothrombectomyClot RetrievalSuctionVascular SnaresSupportMicro CathetersMicro GuidewiresApplication (Revenue, USD Million; 2016-2026)Cerebral Artery StenosisStrokeCerebral AneurysmOthersRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1348Additionally, the report covers an analysis of the key market regions where the market has substantial size and share.