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Interventional Neurology Top Market Review and Current Demand - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

"Interventional Neurology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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– Interventional neurology can be defined as a specialty aimed at treating major diseases of the brain, spine, and neck, through minimally invasive image guided techniques. Major diseases treated by interventional neurologists include cerebral aneurysm, head and neck tumors, intracranial atherosclerosis, meningiomas, ischemic strokes, spinal vascular malformations, and vertebral body tumors.

– Intracranial aneurysm, such as subarachnoid hemorrhage, is one of the common neurological disease affecting over 30,000 people in the U.S. each year and over 2% of the global population. Central nervous system arteriovenous malformations (AVMs) have been reported in over 0.15% of the U.S. population, of which over 90% are supratentorial located. Among these, over 4% of the cerebral AVMs are due to hemorrhagic conversions.
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– Significant rise in the prevalence of neurological diseases, severity of the disease, rising demand for effective treatment methods, surge in demand for minimally invasive procedures, and growing awareness among people is expected to contribute to the growth of the market. In addition, technological advancements in the field of interventional neurology, rising patient pool of hemorrhagic and ischemic stroke, and strong focus on research & development leading to new product launches and product enhancements, are anticipated to fuel the growth of the market.

– Moreover, decreasing cost of products attributed to the strengthening of the distribution networks and localized manufacturing is likely to boost market growth during the forecast period. However, dearth of trained interventional neurologists and stringent regulatory procedures, among others are anticipated to hamper market growth. Furthermore, high cost of procedures, lack of disposable income in the developing regions, and the lack of well-established reimbursement policies are expected to restrain the market during the forecast period.


– The global interventional neurology market can be segmented based on product type, indication, end-user, and region. In terms of product type, the market can be segmented into coiling and embolization devices, angioplasty and stenting systems, support devices, and neurothrombectomy devices. The coiling and embolization devices segment can be sub-segmented into embolic coils, liquid embolic agents, and flow diverting devices. The angioplasty and stenting systems segment can be bifurcated into carotid artery stents and embolic protection systems. Support devices include microcatheters and guidewires. Based on indication, the market can be categorized into cerebral aneurysms, ischemic stroke, arteriovenous malformations, and others. In terms of end-user, the market can be segmented into hospitals, ambulatory surgical centers, clinics, and others.


– Geographically, the global interventional neurology market can be segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the market in terms of revenue in 2016. It is anticipated to continue to dominate the market during the forecast period. Strong growth in the region can be attributed to the well-established health care infrastructure, growing awareness among people, and strong focus on research & development. Europe is anticipated to be the second largest market in terms of revenue. Asia Pacific is anticipated to expand at a significantly high CAGR during the forecast period, with growth being driven by China and India. Growth in these countries is driven by increasing patient population, government focus on enhancing health care infrastructure, and rising awareness among people.


– Leading players in the global interventional neurology market include Boston Scientific Corporation, Medtronic plc, Abbott Laboratories, Stryker Corporation, Johnson & Johnson, Terumo Corporation, Penumbra, Inc., Merit Medical Systems, Inc., MicroPort Scientific Corporation, W. L. Gore & Associates, Inc., and Cook Medical. The primary growth strategies adopted by the market players include acquisitions, partnerships, collaborations, product launches, and product enhancements, to strengthen their position in the market.


– The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.


– The study is a source of reliable data on:
  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis


– The regional analysis covers:
  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)


– The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.


– A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.


– Highlights of the report:
  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market
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Location: New York, NY, USA

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