Global Interventional Neurology Market by Product Type (Embolic coils, Carotid stents, Intracranial stents), by Technique (Neurothrombectomy Procedure, Cerebral Angiography Technique, Stenting Technique), by Therapeutic Application (Brain Aneurysm, Ischemic Strokes, Artery Stenosis), by End User (Hospitals, and Ambulatory Centers), and by Geography - Trends and Forecast to 2024
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Interventional Neurology Market to surpass US$ 2.7 Billion by 2024
Report Description The Global Interventional Neurology Market is projected to reach USD 2,684.6 million by 2024, according to a new report by published by Coherent Market Insights. Recommendations from the American Heart Association and American Stroke Association to use neurointerventional devices in stroke is a major factor boosting market growth. Increasing demand for minimally invasive procedures is one of the prime factors driving adoption of neurointerventional devices worldwide. The American Heart Association and American Stroke Association recommends use of neurointerventional devices in treating stroke, due to which there has been an augmented demand for these devices in the recent past. In order to capitalize on this highly lucrative growth opportunity, a range of new products such as Solitaire stent retriever, EmboTrap stent retriever, and Penumbra 3D Revascularization Device have been launched in the recent past. Get FREE Sample Of This Research Report At : https://www.coherentmarketinsights.com/insight/requestsample/56 Developed economies such as the U.S., Canada, U.K., Australia, Japan, and Germany are witnessing rapid shift from conventional surgical methods to minimally invasive therapies. Moreover, there is a shift towards adopting detachable and bare platinum coils as against the highly priced coated coils. According to the Brain Aneurysm Foundation, around six million people in the U.S. i.e. one in 50 people suffer from brain aneurysm every year. High incidence rate of stroke and aneurysm is expected to continue strengthening demand for neurointerventional devices in the U.S. market. The global Interventional neurology market is witnessing strategic agreements among leading players focusing on diversifying their product portfolio and increasing their market presence.
In 2016, Codman & Shurtleff, Inc. inked an exclusive distribution agreement with InNeuroCo, Inc. for its intermediate catheter and super distal access device in the U.S. and European markets In 2015, Medtronic PLC acquired Lazarus Effect, a California-based medical device company engaged in development of acute ischemic stroke products for around US$ 100 million. Lazarus Effect was acquired with an aim to enhance Medtronic’s neurovascular business and related portfolio.
Advent of innovative solutions that enhance the outcomes of surgeries are fueling demand for neurointerventional devices
Medical University of South Carolina (MUSC) is investigating the safety and success rate of ADAPT - direct-aspiration first pass technique that removes the clot in a single-pass FDA expanded the approval of Solitaire stent retriever device of Medtronic PLC for reduction of stroke-related disability. This device can now be used in patients with large vessel occlusion, proximal anterior circulation, and smaller core infarcts to reduce paralysis, and other stroke-related disabilities. CE approved EmboTrap stent retriever platform, the EmboTrap II Revascularization Device from Neuravi Ltd. This new device enables removal of clots of different lengths with ease.
To know the latest trends and insights of this market, click the following link: http://www.coherentmarketinsights.com/market-insight/interventional-neurology-market-56 Key takeaways of the market include:
There are a range of neurointerventional devices such as embolic coils, carotid stents, intracranial stents, neurovascular thrombectomy devices, embolic protection devices, and flow diverter devices available in the market. Embolic coils was the largest segment and accounted for 32.5% share (in terms of revenue) in 2015. This is mainly due to these being the mainstay of endovascular treatment for brain aneurysms and hemorrhage. Demand for stent retrievers is anticipated to grow at a rapid pace during the forecast period (2016 – 2024). This is mainly attributed to these being used as a one-step technique for device deployment and clot retrieval. The launch of this device in Japan is anticipated to also contribute towards the market growth in Asia Pacific. Introduction of new techniques such as flow disruption and ADAPT aspiration technique is expected reduce the revenue share of coiling technique segment, and is projected to account 34.3% of the total market revenue by 2024
Demand for neurointerventional devices is analyzed to be high in hospitals as compared to ambulatory centers, due to growing number of surgical procedures in hospitals. The hospitals end use segment is analyzed to expand at a CAGR of 5.2% during the forecast period. In 2015, North America dominated the global Interventional neurology market, with the contribution of the region estimated at US$ 701.9 million. Increasing incidence rate of brain aneurysm and ischemic strokes along with favorable government policies such as Medicare and Medicaid is expected to bolster sales of interventional neurology devices over the forecast period. Growing focus on introducing technological advanced devices is expected to drive market growth in the long run o Stryker Corporation’s subsidiary Concentric Medical’s Trevo XP ProVue Retriever received FDA approval for its use in strokes in November 2016 o Penumbra 3D Revascularization Device Trial successfully met the primary trial endpoints in 2016
Browse Press Release : https://www.coherentmarketinsights.com/press-release/interventional-neurology-market-tosurpass-us-27-billion-by-2024-3
TABLE OF CONTENT Table of Contents 1. Research Objective and assumption o Research Objectives o Assumptions o Abbreviations 2. Market Purview o Report Description Market Definition and Scope o Executive Summary Market Snippet By Product Type Market Snippet By Technique Market Snippet By Therapeutic Application Market Snippet By End-Use Market Snippet By Region o Coherent Opportunity Map (COM) 3. Market Dynamics, Regulations, and Trends Analysis o Market Dynamics Drivers Supply Side Drivers Demand Side Drivers Economic Drivers Restraints Market Opportunities Regulatory Scenario Industry Trend Epidemiology/Prevalence/Incidence Merger and Acquisitions
New Product Approvals/Launch Promotion and Marketing Initiatives o Cost Tier Down Analysis 4. Global Interventional Neurology Market, By Product Type, 2014 - 2024 Units) o Introduction Market Share Analysis, 2015 and 2024 (%) Y-O-Y Growth Analysis, 2014 - 2024 Segment Trends o Embolic Coils Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Cartoid Stents Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Intracranial Stents Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Neurovascular Thrombectomy Devices Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Embolic Protection Devices Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Flow Diverters Devices Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Intrasaccular Devices Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Liquid Embolic Devices Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units) o Balloons Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, Units)
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Stent Retrievers Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million & ‘Thousand Units) 5. Global Interventional Neurology Market, By Technique, 2014 - 2024 (USD Million) o Introduction Market Share Analysis, 2015 and 2024 (%) Y-O-Y Growth Analysis, 2014 - 2024 Segment Trends o Neurothrombectomy Procedure Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Cerebal Angiography Technique Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Stenting Technique Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Coiling Procedure Technique Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Flow Disruption Technique Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) 6. Global Interventional Neurology Market, By Therapeutic Application, 2014 - 2024 (USD Million) o Introduction Market Share Analysis, 2015 and 2024 (%) Y-O-Y Growth Analysis, 2014 - 2024 Segment Trends o Brain Aneurysm Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Ischemic Strokes Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Artery Stenosis Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Vein Stenosis Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) o Others Introduction o
Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million) 7. Global Interventional Neurology Market By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) o Introduction Market Share Analysis, 2015 and 2024 (USD Million & ‘Thousand Units) Y-O-Y Growth Analysis, 2014 - 2024 Segment Trends o Hospitals Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million & ‘Thousand Units) o Ambulatory Centers Introduction Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million & ‘Thousand Units) 8. Global Interventional Neurology Market, By Regions, 2014 - 2024 (USD Million & ‘Thousand Units) o Introduction Market Share Analysis, By Region, 2015 and 2024 (%) Y-O-Y Growth Analysis, For Regions, 2014 - 2024 o North America Market Share Analysis, By Country, 2015 and 2024 (%) Y-O-Y Growth Analysis, By Country, 2014 - 2024 U.S. Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Canada Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) o Europe Market Share Analysis, By Country, 2015 and 2024 (%) Y-O-Y Growth Analysis, By Country, 2014 - 2024 U.K. Country Trends
Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Germany Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Italy Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) France Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Russia Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Others Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units)
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Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units
Asia Pacific Market Share Analysis, By Country, 2015 and 2024 (%) Y-O-Y Growth Analysis, By Country, 2014 - 2024 China Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) India Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Japan Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) ASEAN Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Australia
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Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) South Korea Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Others Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Latin America Market Share Analysis, By Country, 2015 and 2024 (%) Y-O-Y Growth Analysis, By Country, 2014 - 2024 Brazil Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Mexico Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million)
Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Others Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units)
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Africa
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Market Share Analysis, By Country, 2015 and 2024 (%) Y-O-Y Growth Analysis, By Country, 2014 - 2024 Northern Africa Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Central Africa Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) South Africa Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units) Middle East Market Share Analysis, By Country, 2015 and 2024 (%) Y-O-Y Growth Analysis, By Country, 2014 - 2024 GCC Countries
Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units)
Israel
Country Trends Market Size and Forecast, By Product Type, 2014 - 2024 (USD Million & ‘Thousand Units) Market Size and Forecast, By Technique, 2014 - 2024 (USD Million) Market Size and Forecast, By Therapeutic Application, 2014 - 2024 (USD Million) Market Size and Forecast, By End-Use, 2014 - 2024 (USD Million & ‘Thousand Units)
9. Competitive Landscape o Heat Map Analysis o Market Share Analysis (3x3 Matrix) o Company Profiles Penumbra Inc. Company Overview Product Portfolio Financial Performance Recent Developments/Updates Future Plans Medtronic (Covidien) Company Overview Product Portfolio Financial Performance Recent Developments/Updates Future Plans Stryker Corporation Company Overview Product Portfolio Financial Performance Recent Developments/Updates Future Plans Terumo Corporation Company Overview Product Portfolio Financial Performance Recent Developments/Updates
Future Plans Johnson & Johnson Company Overview Product Portfolio Financial Performance Recent Developments/Updates Future Plans o Analyst Views 10. Section o References o Research Methodology o About us and Sales Contact
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