Neurovascular Guidewires Market: Quantitative Market Analysis, Current and Future Trends

Neurovascular Guidewires Market March 2020

Report Id : REP-GB-3121 Published On : April-2019 Category : Healthcare, Pharmaceuticals & Medical Devices www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

Š 2019 Future Market Insights, AllI Rights/company/future-market-insights Reserved www.futuremarketinsights.com I @futuremarketins

About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends.

We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail.

We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client.

Research Capabilities    

Customized Research Syndicated Research

Customized Research Syndicated Research Investment Research Social Media Research

Sector Coverage    

Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment

   

Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please contact

Investment Research

Hari. T (Sr. Manager - Global Business Development)

Social Media Research

Email: hari.t@futuremarketinsights.com

T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268

www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

© 2019 Future Market Insights, All Rights Reserved

2

Research Methodology (1/2) Systematic Research Approach 1 Market profiling

2 Formulating discussion guide

3 Developing list of respondents

4

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.

FMI formulates a detailed discussion guide to conduct expert and industry interviews FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts

Data collection

FMI conducts interviews with industry experts, industry players, distributors and retailers

Data validation

Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data

5 6

Data analysis

Insights

7

Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry FMI delivers industry insights and information in the required format (PDF)

Data Collection

   

Research & Intelligence

Data Filter & Analysis

Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain

Actionable Insights

A Primary Research

     

B SOLUTION     

Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments

Primary Research #    

Linkedin Zoominfo Salesforce Avention

Business Solution

Desk Research

C

Key industry experts Channel study Developments Market dynamics Products Conclusions

Company Analysis

Secondary Research #    

Company websites Company annual reports White papers Financial reports

Paid Publications#    

Factiva GBI Genios Meltwater

# includes sources of databases

www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

© 2019 Future Market Insights, All Rights Reserved

3

Neurovascular Guidewires Market Analysis The global demand for neurovascular guidewires will reach the valuation of nearly US$ 280 million in 2019, witnessing an estimated increase of 3.6% over 2018. Over 2018-2028, the global neurovascular guidewires market revenue is likely to expand 1.5X. According to a new research study of Future Market Insights,

 Straight tip guidewires, with a current share of more than a third of the total market value, will retain the dominant position in neurovascular guidewires market through 2028.  Aneurysms and intra-and extra-cranial angioplasty reflect highest applicability of neurovascular guidewires.  Hospitals, though anticipated to reflect limited investment opportunities in the neurovascular guidewire market, will remain the leading end-use segment with the maximum share in terms of revenue generation.

The Increasing Number of Neurovascular Disease Treatment Alternatives Neurovascular guidewires, among the latest innovations in the neurovascular disease treatment landscape, has been pushing the number of neurovascular surgeries since introduction. This according to the report will remain a key factor sustaining demand for neurovascular guidewires in the global market over the coming years. www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

© 2019 Future Market Insights, All Rights Reserved

4

Neurovascular Guidewires Market Analysis As the advent of technology used in neurovascular surgeries has significantly increased the number of treatment options for neurovascular diseases, the treatment by using neurovascular guidewires is gaining ground rapidly owing to the relatively lower risk associated with surgical treatment, over conventional surgeries. The usage of guidewires is the mainstay for neurovascular therapy, along with new technologies such as coating-based guidewires, which has contributed substantially to the treatment options for complex lesions that are treated surgically.

The increasing number of neurovascular neuroradiology procedures is also boosting the demand for access products, which is another factor driving the neurovascular guidewires market. The number of neurovascular interventions is increasing with growing awareness among surgeons about the cost benefit associated with the neurovascular guidewires. Besides, reimbursement policies for outpatient surgeries are also expected to propel the neurovascular guidewires market revenue. Furthermore, an increase in the number of end users such as ambulatory surgical centers in underdeveloped and developing countries is boosting the number of outpatients cases, which is also expected to drive the overall market for neurovascular guidewires.

Favorable Reimbursement Scenario & Government Support The growing prevalence and incidence of cerebral infarction, aneurysm, and stroke is projected to fuel the demand for neurovascular guidewires. Growth in the number of patients suffering from ischemic stroke across the world is also estimated to boost the adoption of neurovascular guidewire and contribute to the growth of the global neurovascular guidewire market during the forecast period.

www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

Š 2019 Future Market Insights, All Rights Reserved

5

Neurovascular Guidewires Market Analysis Similarly, increasing incidence of arteriovenous malformations is also contributing to growth in the demand for neurovascular guidewires. The increasing prevalence of intracranial and extracranial angioplasty is another factor that is expected to drive the neurovascular guidewires market.

Neurovascular guidewires are effective and safe devices in neurovascular intervention procedures for patients suffering from neurovascular diseases. Modifications in reimbursement policies are encouraging the number of outpatients in developed countries. Government initiatives and local reimbursement policies pertaining to the usage of neurovascular guidewires are also expected to boost the neurovascular guidewire market over the forecast period.

Rising awareness about cerebral infarction is also estimated to contribute to the growth of the market.

The reimbursement policies for the treatment of brain aneurysm are also contributing to the growth of the neurovascular guidewires market as the patients are not required to pay from their own pocket.

FMI's report tracks some of the key companies operating in the neurovascular guidewire market, which include Boston Scientific Corporation, Medtronic, Penumbra Inc., Stryker, Asahi Intecc Co. Ltd, Integer Holding Corporation, Cordis Corporation, CONMED Corporation, phenox GmbH, and Integer Holding Corporation, among others.

www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

Š 2019 Future Market Insights, All Rights Reserved

6

Neurovascular Guidewires Market Analysis Source: https://www.prnewswire.co.uk/news-releases/neurovascular-guidewires-market-is-projectedto-record-a-cagr-of-3-9-during-the-forecast-period-2018-to-2028-future-market-insights893395805.html About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Contact Us Abhishek Budholiya 616 Corporate Way, Suite 2-9018,

Valley Cottage, NY 10989,

www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

Š 2019 Future Market Insights, All Rights Reserved

7

Neurovascular Guidewires Market Analysis United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44 (0)20-7692-8790 Sales: sales@futuremarketinsights.com

Click here to Order a free sample

www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

Š 2019 Future Market Insights, All Rights Reserved

8

To know more about us, please visit our website:

www.futuremarketinsights.com For sales queries or new topics email us on:

sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

Thank You Future Market Insights Global & Consulting Private Limited (FMI) www.futuremarketinsights.com I

@futuremarketins I

/company/future-market-insights

Š 2019 Future Market Insights, All Rights Reserved

9