#Aneurysm Coiling Market Trends

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Aneurysm Coiling Market May Set New Growth Story

Advance Market Analytics added research publication document on Worldwide Aneurysm Coiling Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Aneurysm Coiling market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are Johnson and Johnson Services, Inc. (United States), MicroVention, Inc. (United States), Stryker Corporation (United States), Boston Scientific Corporation (United States), Medtronic plc (Ireland), Cardinal Health (United States), MicroPort (China), Cook Medical Incorporated (United States), B. Braun (Germany), Integra LifeSciences (United States). Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://www.advancemarketanalytics.com/sample-report/169381-global-aneurysm-coiling-market

An aneurysm coil is a device inserted via a catheter to fill in a brain aneurysm a bulge in a blood vessel. Aneurysm coiling induces clotting (embolization) of the aneurysm and, in this way, prevents blood from getting into it. Aneurysm coiling prevents rupture that closes off the blood flow into the aneurysm by packing it tightly with detachable platinum coils. The factors such as Increased Prevalence of Cerebrovascular Disorders, Increased Adoption of Minimally Invasive Surgeries and Development of New Diagnostic Centres and Hospitals in Developing Countries are the key drivers for the global Aneurysm Coiling market. In addition, Rise in the Number of Surgeries Performed Worldwide also fueling the market growth. However, Complications Associated with Aneurysm Coiling may hamper the market growth.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Aneurysm Coiling Market various segments and emerging territory. Influencing Market Trend

Rise in the Number of Surgeries Performed Worldwide

Market Drivers

Increased Prevalence of Cerebrovascular Disorders

Increased Adoption of Minimally Invasive Surgeries

Development of New Diagnostic Centres and Hospitals in Developing Countries

Opportunities:

Increasing Number of Target Patient Population

Growth in the Healthcare Industry Worldwide

Increasing Incidence of Intracranial Aneurysms

Challenges:

Lack of Skilled Surgeons

Have Any Questions Regarding Global Aneurysm Coiling Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/169381-global-aneurysm-coiling-market Analysis by Type (Surgical Clipping, Endovascular Coiling, Flow Diverters, Others), Application (Hospitals, Ambulatory Surgical Centres)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution

• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Johnson and Johnson Services, Inc. (United States), MicroVention, Inc. (United States), Stryker Corporation (United States), Boston Scientific Corporation (United States), Medtronic plc (Ireland), Cardinal Health (United States), MicroPort (China), Cook Medical Incorporated (United States), B. Braun (Germany), Integra LifeSciences (United States)]

• Business overview and Product/Service classification

• Product/Service Matrix [Players by Product/Service comparative analysis]

• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)

• Consumption, Capacity & Production by Players The regional analysis of Global Aneurysm Coiling Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028. Table of Content Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/169381-global-aneurysm-coiling-market Highlights of the Report • The future prospects of the global Aneurysm Coiling market during the forecast period 2023-2028 are given in the report. • The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. • The emerging technologies that are driving the growth of the market are highlighted in the report. • The market value of the segments that are leading the market and the sub-segments are mentioned in the report. • The report studies the leading manufacturers and other players entering the global Aneurysm Coiling market. Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com

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Neurovascular Devices Market Size To Reach USD 4.53 Billion By 2030

Neurovascular Devices Market Growth & Trends

The global neurovascular devices market size is anticipated to reach USD 4.53 billion by 2030, registering a CAGR of 6.01% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of neurological illnesses such as stroke, brain aneurysm, and cerebral artery stenosis is driving growth of the neurovascular devices market. According to the World Stroke Organization (WSO), in 2022, there will be more than 12.2 million new strokes per year.

One in every four adults above the age of 25 will suffer a stroke throughout their lifetime. In addition, nearly 7.6 million new ischemic strokes occur each year. Around 62.0% of all incident strokes worldwide are ischemic strokes, with more than 1.2 million new subarachnoid hemorrhages occurring each year. As a result, the figures show that there is a significant demand for the neurovascular devices, which is driving neurovascular device market expansion.

The rising prevalence of brain aneurysms in both developed and developing countries is driving the introduction of technologically advanced products to the market. Some significant therapeutic techniques for an intracranial aneurysm include surgical clipping, endovascular coiling, and flow diverters. Market participants are constantly working to introduce technologically advanced products to the market.

For instance, in September 2021, Medtronic plc. announced the CE Mark clearance of its radial artery access portfolio, which comprises the Rist 079 Access Radial Guide Catheter and the Access Rist Radial Selective Catheter. Furthermore, in March 2022, Micro Port Scientific Company announced that its Hyper flex Balloon Catheter has received registration approval from the Japan Pharmaceuticals and Medical Devices Agency (PMDA).

Reduced postoperative discomfort and faster recovery are the factors expanding use of the minimally invasive operations and fueling R&D in this field. Endovascular coiling is a minimally invasive surgery that is frequently suggested by the clinicians for the treatment of cerebral aneurysms. Hydro Coils (MicroVention, Tustin, California, USA) have permitted the treatment of more complex aneurysmal structures with reduced recurrence rates as compared to bare-platinum coils. As a result, increased demand for the minimally invasive procedures is supporting neurovascular device market expansion.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/neurovascular-devices-market

Neurovascular Devices Market Report Highlights

In 2022, cerebral embolization and aneurysm coiling devices dominated the neurovascular devices market with a market share of 34.79%. As the prevalence of cerebral artery stenosis rises, major players are introducing more technologically advanced products

Based on therapeutic application, stroke segment dominated the market in 2022 with a market share of 57.10% due to the increasing prevalence of stroke, globally. The increasing frequency of strokes around the world has resulted in a significant demand for the management of these cases, necessitating the intensive use of neurovascular devices

Among size, 0.021" held a majority market share of 27.26% in the year 2022. This is due to 0.021” size products are preferred over others owing to superior flow rates and embolic compatibility

Among end use, hospitals held a majority market share of 70.97% in the year 2022. Increasing number of patients being admitted to the hospitals due to the surgeries, therapies, and treatments is expected to favor the neurovascular device market. Thus, subsequent increase in number of patients across the globe, launch of technologically advanced products, and favorable reimbursement policies are leading to a growing demand for the hospital treatments

North America led the market with the maximum revenue share of 26.44% in 2022. Rising demand for the minimally invasive surgeries, and increasing government initiative for improving healthcare infrastructures are among the key factors driving the market growth. In addition, technological advancement and innovation of new noninvasive techniques will create lucrative opportunities for the segment

Regional Insights

North America dominated the neurovascular devices market with the share of 26.44% in 2022 owing to the presence of key manufacturers such as Penumbra, Inc., Stryker Corporation, Johnson & Johnson, and Merit medical systems, Inc. in the region. In February 2023, Phenox Inc. stated that their pRESET Thrombectomy Device has been cleared by the FDA for use in the treatment of acute ischemic stroke. The product pRESET, which has been marketed in Europe for more than  a decade, has now been approved for use in the U.S. Furthermore, rising prevalence of neurological disorders, and increasing demand for the minimally invasive surgical procedures are driving the neurovascular devices market growth in this region.

Neurovascular Devices Market Segmentation

Grand View Research has segmented the global neurovascular devices market based on the device, therapeutic application, size, end use, and regions:

Neurovascular Devices Device Outlook (Revenue USD Million; Volume Unit; 2018 - 2030)

Cerebral Embolization and Aneurysm Coiling Devices

Cerebral Angioplasty and Stenting Systems

Neurothrombectomy Devices

Support Devices

Trans Radial Access Devices

Neurovascular Devices Therapeutic Application Outlook (Revenue USD Million; 2018 - 2030)

Stroke

Cerebral Artery

Cerebral Aneurysm

Others

Neurovascular Devices Size (in Inches) Outlook (Revenue USD Million; 2018 - 2030)

0.027"

0.021"

0.071"

0.017"

0.019"

0.013"

0.058"

0.068"

Others

Neurovascular Devices End Use Outlook (Revenue USD Million; 2018 - 2030)

Hospitals

Specialty Clinics

Others

Neurovascular Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Europe

Asia Pacific

Latin America

Middle East and Africa (MEA)

List of Key Players In Neurovascular Devices Market

Medtronic

Johnson and Johnson Services Inc.

Penumbra, Inc.

Micro port Scientific Corporation

Stryker

Microvention Inc. (Terumo Corporation)

Codman Neuro (Integra Life sciences)

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/neurovascular-devices-market

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How Are Recent Innovations Shaping the Future of the Neurovascular Device Market?

Introduction:

The Neurovascular Device Market is undergoing a significant transformation driven by a series of recent innovations and breakthroughs. As the field of neurovascular intervention continues to evolve, these developments are poised to enhance patient outcomes and redefine treatment standards. This article explores how the latest advancements are shaping the future of the neurovascular device market, providing insights into the cutting-edge technologies and trends influencing the industry.

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1. What Are the Latest Innovations in Neurovascular Devices?

Recent innovations in neurovascular devices are pushing the boundaries of what is possible in the treatment of cerebrovascular conditions. Key advancements include:

1.1. Advanced Stent Technologies

The development of next-generation neurovascular stents represents a significant leap forward. Companies like Medtronic and Stryker have introduced stents with improved delivery systems and enhanced biocompatibility. For instance, the Medtronic Solitaire X stent retriever has been designed to offer superior clot removal capabilities with a more precise deployment mechanism, leading to better clinical outcomes in thrombectomy procedures.

1.2. Bioresorbable Devices

Bioresorbable devices are gaining traction as a promising innovation. Unlike traditional metal stents, bioresorbable stents gradually dissolve over time, leaving behind a restored blood vessel without a permanent implant. Abbott’s Absorb BVS, though discontinued, has set a precedent for future developments in this area, highlighting the potential for bioresorbable materials to improve long-term patient outcomes.

1.3. Next-Generation Coiling Systems

Advancements in endovascular coiling systems are improving the treatment of cerebral aneurysms. Newer coiling systems, such as those developed by Penumbra, offer enhanced stability and control during deployment, which helps in better aneurysm occlusion and reduces the risk of recanalization.

2. How Are Regulatory Approvals Impacting the Market?

Regulatory approvals are crucial in determining the success of new neurovascular devices. Recent approvals and clearances have had a significant impact on the market, facilitating the introduction of innovative products.

2.1. FDA Approvals

The U.S. Food and Drug Administration (FDA) has recently approved several new neurovascular devices, including:

Cerenovus’ PulseRider: A novel device designed to treat complex intracranial aneurysms by providing a scaffold for coiling. Its approval marks a significant advancement in the management of challenging aneurysm cases.

Inari Medical’s ClotTriever: This device, designed for mechanical thrombectomy, has received FDA clearance for its effectiveness in removing large clots from deep veins, demonstrating its potential for broader applications beyond stroke treatment.

2.2. European CE Markings

In Europe, the CE Marking has been granted to several new neurovascular devices, including the Stryker Surpass Streamline stent. This approval allows for the commercialization of these devices across European markets and contributes to the global expansion of neurovascular treatment options.

3. What Role Do Emerging Markets Play in the Neurovascular Device Industry?

Emerging markets are becoming increasingly important in the neurovascular device industry. The growing healthcare infrastructure and rising prevalence of neurovascular disorders in these regions are driving market expansion.

3.1. Market Growth in Asia-Pacific

Countries in the Asia-Pacific region, such as China and India, are experiencing rapid growth in healthcare spending and infrastructure development. This growth is facilitating the adoption of advanced neurovascular devices. For example, the introduction of minimally invasive neurovascular technologies in these markets is improving treatment accessibility and driving market demand.

3.2. Expansion in Latin America and the Middle East

Similarly, Latin America and the Middle East are witnessing increased investment in healthcare infrastructure and a growing focus on advanced medical technologies. The rise in neurovascular conditions in these regions is prompting healthcare providers to seek innovative solutions, boosting the market for neurovascular devices.

4. How Is the Focus on Minimally Invasive Procedures Affecting Device Development?

The shift towards minimally invasive procedures is a major trend influencing the neurovascular device market. This focus is driving the development of new devices and techniques aimed at reducing patient recovery times and improving procedural outcomes.

4.1. Enhanced Catheter Technologies

Recent advancements in catheter technologies are enabling more precise and controlled interventions. Innovations such as the Penumbra 3D Revascularization Device are designed to enhance clot retrieval and reduce procedure-related complications.

4.2. New Imaging Techniques

The integration of advanced imaging techniques, such as 3D rotational angiography and intravascular ultrasound, is improving the accuracy of neurovascular interventions. These techniques provide detailed visualization of blood vessels, allowing for better planning and execution of procedures.

5. What Impact Do Strategic Collaborations Have on the Market?

Strategic collaborations between medical device companies, research institutions, and healthcare providers are playing a crucial role in advancing neurovascular device technology.

5.1. Industry Partnerships

Partnerships between companies like Medtronic and Boston Scientific are driving innovation through joint R&D efforts. These collaborations enable the sharing of expertise and resources, leading to the development of cutting-edge neurovascular devices and technologies.

5.2. Academic and Research Collaborations

Collaborations with academic institutions and research organizations are also contributing to the advancement of neurovascular devices. For instance, partnerships with institutions such as the Cleveland Clinic are facilitating clinical trials and research studies that support the development and validation of new devices.

6. How Are Patient-Centered Approaches Influencing Device Design?

Patient-centered approaches are increasingly influencing the design and development of neurovascular devices. The focus is shifting towards creating devices that not only improve clinical outcomes but also enhance the overall patient experience.

6.1. User-Friendly Designs

Design improvements aimed at enhancing ease of use and patient comfort are becoming more common. For example, new devices are being designed with features that simplify deployment and reduce procedural complexity, benefiting both patients and healthcare providers.

6.2. Personalized Treatment Options

Advancements in personalized medicine are influencing the development of customized neurovascular devices. Personalized treatment approaches are being integrated into device design to cater to the specific needs of individual patients, improving treatment efficacy and safety.

Conclusion

The neurovascular device market is rapidly evolving, driven by recent innovations, regulatory approvals, and emerging market opportunities. Advances in device technology, a focus on minimally invasive procedures, and strategic collaborations are shaping the future of neurovascular interventions. As the industry continues to grow and innovate, these developments are expected to enhance patient outcomes and redefine treatment standards in neurovascular care.

For stakeholders in the neurovascular device industry, staying abreast of these trends and innovations is crucial for navigating the competitive landscape and capitalizing on emerging opportunities.

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Neuroendovascular Non-coils Market| Market Size, Share, Trends, Analysis, Growth and Forecast, 2024 – 2028

Originally published on Technavio: Neuroendovascular Non-coils Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, Japan, China - Size and Forecast 2024-2028

The neuroendovascular non-coils market is at the forefront of medical advancements, playing a crucial role in the treatment of various neurovascular conditions. Neuroendovascular procedures involve the use of non-coil devices to treat abnormalities such as aneurysms, arteriovenous malformations (AVMs), and other vascular disorders within the brain and spinal cord. The market is witnessing continuous innovation in medical devices designed to provide minimally invasive and effective solutions for patients with neurovascular disorders.

One of the key drivers of the neuroendovascular non-coils market is the increasing incidence of neurovascular diseases and the growing awareness of treatment options. Conditions like cerebral aneurysms and AVMs can pose serious health risks, and non-coil devices offer alternative therapeutic options for patients who may not be suitable candidates for traditional coiling procedures. These devices include flow diverters, stents, and embolic agents, which are deployed through catheters to treat and manage neurovascular conditions.

Technological advancements in the design and materials used in neuroendovascular non-coils contribute to improved efficacy and patient outcomes. Flow diverters, for instance, are designed to redirect blood flow away from an aneurysm, promoting the formation of a stable blood clot within the aneurysm sac. Stents are used to provide structural support to weakened blood vessels, preventing rupture. The development of novel embolic agents allows for targeted occlusion of abnormal vessels while minimizing the risk of complications.

The neuroendovascular non-coils market is also shaped by increasing investments in research and development, fostering collaboration between medical device manufacturers, healthcare professionals, and researchers. Clinical trials and studies are essential to evaluating the safety and efficacy of new devices, driving advancements in the field and expanding the range of treatment options available to neurovascular patients.

The COVID-19 pandemic has underscored the importance of innovative and minimally invasive treatments, with a focus on reducing hospital stays and avoiding more invasive surgical procedures when possible. The shift toward outpatient and minimally invasive interventions aligns with the capabilities of neuroendovascular non-coil devices, making them increasingly integral to modern neurovascular care.

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Looking ahead, the neuroendovascular non-coils market is expected to witness continued growth as technology continues to advance, enabling more precise and tailored interventions. As the understanding of neurovascular disorders deepens and treatment paradigms evolve, non-coil devices will likely play an increasingly prominent role in providing safe and effective solutions for patients with complex neurovascular conditions.

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Neurovascular Devices Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis

A Latest intelligence report published by AMA Research with title "Global Neurovascular Devices Market Outlook to 2027. This detailed report on Neurovascular Devices Market provides a detailed overview of key factors in the Global Neurovascular Devices Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development.

Vascular structure of the nervous tissues and blood vessels are majorly affected in the patient who is suffering from a neurovascular disorder. This leads to moderate to severe damage to the brain resulting in a condition such as cerebral haemorrhage and strokes. According to the report, stroke is the third leading cause of disability and death worldwide. The neurovascular device is used to treat several neurovascular diseases that affect the central nervous system as well as the blood vascular system. Increase in geriatric population across the country and upsurge in the number of patient suffering from the neurovascular disorder is expected to increase the demand for neurovascular devices. As per WHO, the global geriatric population (aged 65 years and above) is expected to rise from 7% in 2000 to 16% in 2050.

Major Players in this Report Include are

Johnson & Johnson (United States)

Terumo Corporation (Japan)

Medtronic, Plc (United States)

Abbott Laboratories (United States)

Stryker Corporation (United States)

Penumbra, Inc. (United States)

W. L. Gore & Associates, Inc. (United States)

Merit Medical Systems, Inc. (United States)

Microport Scientific Corporation (China) Market Drivers: Large Obese And Ageing Population

Constant Development In Ongoing Product

Favourable Medical Reimbursement

Market Trend: Advancement In The Manufacturing Process Of Neurovascular Devices

Opportunities: Research And Development In Field  Of Neurovascular Devices

Growing Concern Among Neurosurgeons About Procedures And Devices

Growing Number Of Researches In The Field Of Neurovascular Therapies

The Global Neurovascular Devices Market segments and Market Data Break Down by Type (Aneurysm Coiling & Embolization Devices, Cerebral Balloon Angioplasty & Stenting Systems, Support Devices, Neurothrombectomy Devices), Application (Hospitals, Clinics, Ambulatory Surgical Units), Technology (Carotid Artery Angioplasty, Embolization and Coiling, Neurothrombectomy, Supporting Technologies), Disease Pathology (Ischemic Strokes, Cerebral Aneurysms, Arteriovenous Malformation and Fistulas, Other Disease pathology) Geographically World Neurovascular Devices markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Neurovascular Devices markets will drive growth in the North American market over the next few years.

Presented By

AMA Research & Media LLP

[factmrblog]

The global cerebral aneurysm market is valued at $1.3 billion in 2022  , and demand for cerebral aneurysm treatment and solutions is expected to  grow at a CAGR of  10%,  reaching a market size of $3.4 billion  in 2032 .

Intracranial aneurysm solutions are further classified as intravascular coiling, flow diverter, and surgical clipping. According to this analysis, endovascular coiling procedures currently   have a market share of over 80% .

Download a sample copy of this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=7817?VM

The readability score of the Intracranial Aneurysm Market Demand report is good as it provides a chapter-by-chapter layout with each section broken into smaller sections.

Reports include graphs and tables showing the entire assembly. The graphical presentation of confirmed and estimated values ​​of key segments is visually appealing to the reader. 

This Intracranial Aneurysm Market Perspective report discusses important dynamics such as drivers, restraints, and opportunities for key players in the Intracranial Aneurysm Market and competitive analysis along with key stakeholders and emerging players involved in manufacturing the product.

The extended oral antibiotics market key trends analysis also provides the dynamics affecting future sales and demand during the forecast period.

market player

B.Braun Melsungen AG

Integra Life Science Corporation

johnson and johnson

Medtronic

Microport Scientific Corporation

Laumedic AG

striker

Terumo Corporation

How can the Intracranial Aneurysm Market report make a difference to the revenue impact and strategies of businesses?

Fact.MR is committed to providing a comprehensive assessment of opportunities in different geographies and technology sectors. The study also provides neat data-driven insights into the intracranial aneurysm market and how all segments are growing. Some of the ways research can have a measurable impact is by providing an evidence-based perspective on:

An index of the attractiveness of emerging product/technology types across different products in the intracranial aneurysm market.

Microeconomic factors that may hinder the outlook for some key sectors

Recent surge in research and development (R&D) funding for key intracranial aneurysm markets

New business models disrupting demand dynamics in key sectors

Regional markets to be future growth engines and industry trends to support them

Challenges to overcome that can give industry players a competitive edge

Segmentation of Intracranial Aneurysm Industry Research

·         By type:

Intravascular coiling

flow diverter

surgical clipping

etc

·         End users:

hospital

clinic

etc

·         By region:

North America

Latin America

europe

East Asia

South Asia and Oceania

thing

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https://www.factmr.com/checkout/7817

The questionnaires answered in the Market Outlook for Detergent Polymers report are as follows:

What are the key strategies deployed by the large players to maximize Intracranial Aneurysm market growth?

What are the major challenges faced by players in the demand for intracranial aneurysm market?

With the advent of technological advancements, how will the Intracranial Aneurysms market environment change during the forecast period?

What does the player bring to the table that is unique as a strategy and easy-to-imitate for new investors in Intracranial Aneurysm market size?

What difference does the insights and market forecasts provided in the Fact.MR report on detergent polymer demand make?

This study takes a closer look at major economic disruptions, with a focus on the recent COVID-19 pandemic disruption.

An assessment of key growth drivers highlights the attractiveness of new automation technologies and provides readers with insight into the prospects of these technologies over the forecast period.

This study attempts to provide a balanced view of opportunities in mature and most underperforming markets.

It scrutinizes industry trends that have shaped recent government policy.

We provide descriptions of major breakthroughs in every sector that could significantly change the course of the market.

It provides an incisive analysis of the socio-political environment in which key markets operate and how they will affect the profitability of the overall cerebral aneurysm market.

We analyze how collaborations and partnerships between players from different industries will shape key growth dynamics in the near future.

Evaluate the role of different funding tiers for new growth vehicles in key regional markets. 

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Intracranial Aneurysm Market Growth, Trends Analysis Report 2032

The global market for intracranial aneurysms is anticipated to grow at a promising CAGR of 8.8% between 2022 and 2032. The market is expected to reach USD 2.56 billion by 2032, up from its USD 1.2 billion market value in 2022.

The intracranial aneurysm market is growing as a result of recent technical advancements, an increase in brain aneurysm cases and their complications, and the introduction of less invasive therapies.

A growing number of intracranial aneurysms in the brain are caused by a bulge in the wall of a brain artery, according to a global study on the intracranial aneurysm market. Swelling, ballooning, and broadening are the results. Aneurysms weaken the walls and make it hard for the nerves to function properly.

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The expanding intracranial aneurysm market size is attributed to the new advanced t echnology integrating with intracranial aneurysm treatment and solutions. As the risk of walls bursting increases, end user patients and treatment centers adopt the intracranial aneurysm treatment and solution methods.

Latest technological developments, increasing cases of brain aneurysm & its complications along with the introduction of minimally invasive procedures are gaining traction for the intracranial aneurysm market.

Key Takeaways:

The type category has three major segments, Surgical Clipping, Endovascular Coiling, and Flow Diverters. The endovascular coiling segment dominates the market while holding a market share of 85.3% of the global share.

The minimally invasive techniques go through the catheter to locate the aneurysm in the brain. Growing hypertension among the geriatric population leads people to a higher chance of brain aneurysms and other diseases.

The end user category is dominated by the hospital segment, holding 89.5% of the global market. The segment grows at a promising CAGR of 8.9% through the forecast period, attributed to application of technologically advanced tools in operation theaters and intensive care units along with increased number of healthcare units.

North America holds 27% of the global share in the global intracranial aneurysm market in 2022. The growing intracranial aneurysm market in the North American region is attributed to the growing healthcare facilities, government investments, and the rising cases of brain aneurysms.

Asia Pacific region is anticipated to thrive at the highest CAGR of 12.7% through 2032. Presence of emerging economies like India and China that are investing huge capital in building their healthcare infrastructure, advancing and making it tech-enabled.

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“The Intracranial aneurysm market analysis states that the use of new platforms like Artificial intelligence, big data, and the internet of things (IOT) are integrating with the treatment solutions. Countries such as the U.S., the U.K., and Germany have witnessed a high prevalence of intracranial aneurysms in recent years. Neuro Intervention India states that approximately 6.0 million people in the U.S. develop an unruptured intracranial aneurysm. The treatment of brain aneurysms includes medical therapy, surgical clipping or endovascular therapy, or coiling without or with adjunctive devices, fueling the demand for intracranial aneurysm treatment solutions”  says a Future Market Insights analyst.

Competitive Landscape

The Intracranial aneurysm market has various key competitors that focus on expanding healthcare centers with advanced technology. The key competitors understand and focus on new techniques that are aneurysm-specific and target wall healing and blood prevention. This makes the competitive landscape more dynamic and versatile, owing to the expansion of the intracranial aneurysm market.

The key competitors flourishing in the growth of intracranial aneurysm treatment solutions are Medtronic, Microport Scientific Corporation, B. Braun, Stryker, Johnson and Johnson Services Inc., Microvention Inc., and Codman Neuro (Integra Lifesciences).

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Recent Developments

MicroPort Scientific Corporation has introduced new therapies for neurovascular intervention that resolve potential issues related to brain aneurysms, offering specific tools to surgeons. This fuels the sales of intracranial aneurysm treatment solutions.

Stryker has added the neuroform atlas stent system that is further used in conjunction with metal coils that help in packing Aneurysms (week walls and blood vessel scar) in the brain. This is anticipated to help multiple surgeons across the globe.

The Brain Aneurysm Treatment market is a rapidly growing industry focused on the development and commercialization of therapeutic options for the treatment of intracranial aneurysms. Intracranial aneurysms are a type of cerebrovascular disorder that can result in serious complications such as brain damage, stroke, and even death.

Intracranial aneurysm Market by Segmentation

By Type Outlook:

Surgical Clipping

Endovascular Coiling

Flow Diverters

By Application Outlook:

Hospitals

Clinics

Others

[rohit890]

Neurovascular Devices/Interventional Neurology Market Key Players, Share, Trends, Sales, Segmentation And Forecast To 2031

Market Overview

The global Neurovascular Devices/Interventional Neurology Market was valued at USD 2.9 billion in 2021 and it is anticipated to grow up to USD 5.4 billion by 2031, at a CAGR of 6.5% during the forecast period.

Neurovascular devices are used to treat neurological disorders. These include coils, stents, and clips that are used to treat neurovascular disorders such as brain aneurysm. These devices are widely used in the treatment and diagnosis of various types of peripheral and central nervous system disorders and ailments. Various neurovascular illnesses, such as cerebral aneurysms and intracranial atherosclerotic disease, are treated with neurovascular implants.

 View Detailed Report Description: https://www.globalinsightservices.com/reports/neurovascular-devices-interventional-neurology-market/

Market Dynamics

A rise in the number of neurovascular disorders in the developed countries is expected to boost market growth. An increase in the prevalence of neurological and cerebrovascular conditions such brain aneurysms and ischemic strokes will have a positive impact on market demand. Additionally, the rapidly growing aging population and large population base suffering from ischemic stroke is another major factor driving the market statistics. Another major factor such as rapidly ageing population and large population base suffering from ischemic stroke will drive the industry growth. For instance, according to the American Association of Neurological Surgeons, approximately 700,000 people suffer from stroke each year, with approximately 500,000 of these being first attacks and 200,000 being victims of repeated attacks. Almost a quarter of people who recover from their first stroke will have another within five years. Such a scenario is expected to drive demand for neurovascular devices in the United States.

An ischemic stroke occurs when the blood supply to a part of the brain is cut off. A blood clot that becomes lodged in a narrow blood vessel usually causes the block. The loss of body functions controlled by that area of the brain is caused by the blood clot. To avoid such situations, neurosurgeons employ a variety of neurovascular devices, such as the neurovascular thrombectomy device. This device is useful for removing blood clots that have formed in the neurovascular vessels during an acute ischemic stroke. Such scenarios will drive market trends.

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The key players in the market Johnson & Johnson (US)Medtronic PLC, Stryker Corporation (US), Terumo Corporation (Japan), , Penumbra, Inc. (US), MicroPort Scientific Corporation (China), Kaneka Corp. (Japan), Integer Holdings Corporation, BALT (France), Perflow Medical, and Phenox GmbH (Germany), among others.

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[industryforecastnews]

Intracranial Aneurysm Market Size To Reach $2,331.09 Million By 2030

Intracranial Aneurysm Market Growth & Trends

The global intracranial aneurysm market size is anticipated to reach USD 2.33 billion by 2030, registering a CAGR of 9.08% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to various factors, such as increased cases of stroke, increasing incidence of people suffering from cerebrovascular disorders, and continuous product launches by key players. Furthermore, the market is growing rapidly in developing nations with expanding disposable income levels and improved access to healthcare. Currently, the cause of brain aneurysms is not clearly understood. However, there are various factors linked to this condition, including aging, brain trauma, hereditary, high blood pressure, atherosclerosis, infections, and a sedentary lifestyle. Notable symptoms encompass cranial nerve dysfunction, localized headaches, and double vision.

Consequently, the growing population of individuals afflicted with intracranial aneurysms is contributing to the market expansion. Businesses in this field are always looking for ways to make existing therapies safer and more effective while also introducing new technologies, which are anticipated to increase the demand for intracranial aneurysm products globally. For instance, in June 2022, Pipeline Vantage with Shield Technology, a fourth-generation flow deflector with a CE mark by India Medtronic, was developed for endovascular therapy for cerebral aneurysms. A newly developed flow deflector, Pipeline Vantage, features Shield technology and has enhanced features of the design for both the delivery system and the implant. By developing a scaffold that promotes the development of cells in the innermost layer of the target blood vessel, these qualities make it easier and more reliable for doctors to deliver, deploy, and repair brain aneurysms and intracranial aneurysms.

A recent Global Burden of Disease study predicts a doubling of individuals affected by brain diseases by 2050, with about 40% of the current global population already impacted. Technological advancements and increasing preference for targeted therapy approach are factors expected to drive the market growth in the forecast period.

The prevalence of a variety of health disorders, including brain aneurysms, increases as the world's population ages. Elderly individuals are more likely to develop aneurysms, especially in the brain. For instance, as per the reports published by University Of Minnesota in March 2023, the Brain Aneurysm Foundation states that 1 in 50 Americans or approximately 6.7 million people-have an unruptured brain aneurysm. Annually, about 30,000 individuals in the nation experience the rupture of a brain aneurysm, translating to roughly one rupture occurring every 18 minutes.

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Intracranial Aneurysm Market Report Highlights

In 2023, the endovascular coiling segment dominated the market with a share of 84.6%due to its increasing application in minimally invasive neurosurgeries and easy access to multiple aneurysms in distant areas

The hospitals end-use segment held the largest revenue share of 89.52% in 2023. Intracranial aneurysm procedures are among the most complicated surgeries that are dependent on high-quality and durable equipment available in hospitals

North America dominated the market with a share of 26.65% in 2023. The market is competitive, with both established companies and emerging players striving to capture higher industry share through product innovations, mergers, acquisitions, and partnerships

Thus, the presence of key players in North America is expected to boost the regional market growth

Regional Insights

North America dominated the market with the revenue share of 26.65% in 2023 owing to the presence of well-established healthcare infrastructure, the rising geriatric population, and the high incidence of hypertension and stroke. In addition, the increasing occurrence of intracranial aneurysms and the escalating demand for minimally invasive surgeries are driving the market growth in this region. Moreover, numerous initiatives being taken by different organizations are expected to boost market growth. For example, The Bee Foundation (TBF), a non-profit entity, is dedicated to raising awareness and decreasing the mortality rates associated with cerebral aneurysms via pioneering research.

Intracranial Aneurysm Market Segmentation

Grand View Research has segmented the global intracranial aneurysm market based on type, end-use, and region:

Intracranial Aneurysm Type Outlook (Revenue, USD Million, 2018 - 2030)

Surgical Clipping

Endovascular Coiling

Flow Diverters

Others

Intracranial Aneurysm End-use Outlook (Revenue, USD Million, 2018 - 2030)

Hospitals

Clinics

Others

Intracranial Aneurysm Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

Japan

China

India

Australia

Thailand

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East & Africa (MEA)

South Africa

Saudi Arabia

UAE

Kuwait

List of Key Players of Intracranial Aneurysm Market

Medtronic plc

Stryker Corporation

MicroPort Scientific Corporation.

Johnson & Johnson Services, Inc.

MicroVention Inc.

B. Braun Melsungen AG

Integra LifeSciences

RAUMEDIC AG

Terumo Corporation

Delta Surgical

Browse Full Report: Intracranial Aneurysm Market Report

[vynzresearchindia]

Global Embolotherapy Market Size, Share, and Demand Forecast to 2027

The Global Embolotherapy Market size was valued at USD 3,600.0 million by 2020 and is expected to develop at a CAGR of 6.8% during the forecast period (2021-2027), according to VynZ Research. For the forecast year 2021-2027, as well as the historical period 2015-2019, the Global Embolotherapy Market has been studied.

The research report provides a comprehensive and insightful examination of the Global Embolotherapy Market and includes market analysis on segmentation, dynamics, competition, and regional development. It considers the Global Embolotherapy Market's CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, pricing, and other significant parameters. The forecasts in the report are based on well-established research methodology and assumptions.

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Individual strategies were examined in the Global Embolotherapy Market study, followed by business profiles of Global Embolotherapy Market providers. The study includes an 'Industry Landscape' section that provides readers with a comprehensive view and firms’ market share analysis of major industry players in the Global Industry.

Most of the major players in the Global Embolotherapy Market are profiled in the report. The strengths and weaknesses, business developments, recent innovations, mergers and acquisitions, expansion plans, global footprint, market presence, and product portfolios of key market competitors are all covered in the company profiling section.

The following are some of the major and developing players in the Global Market:

Merit Medical Systems

Acandis GmbH

Medtronic plc

Abbott Laboratories

Boston Scientific Corporation

Cook Medical

Terumo Corporation

Stryker Corporation

Johnson & Johnson

BALT Extrusion

Sirtex Medical Limited

Kaneka Corporation

Meril Life Sciences Pvt. Ltd.

Penumbra, Inc.

BTG Plc.

Breakdown of The Segments:

The Global Embolotherapy Market is segmented by Product, Procedure, Indication, End-User and Geography in this study. This segmentation aids executives in planning their products and budgets depending on each segment's expected growth rates.

By Product

Embolic Agents

Support Devices

Microspheres

Embolic Coils

Liquid Embolic Agents

Embolic Plug Systems

Detachable Balloons

Microcatheters

Guidewires

By Procedure

Transcatheter Arterial Embolization (TAE)

Transarterial Chemoembolization (TACE)

Transarterial Radioembolization (TARE)/Selective Internal Radiation Therapy (SIRT)

By Indication

Cancer

Neurological Diseases

Peripheral Vascular Diseases

Urological and Nephrological Disorders

Gastrointestinal Disorders

Liver

Kidney

Others

Cerebral Aneurysm

Arteriovenous Malformation And Fistulas

By End User

Hospitals and Clinics

Ambulatory Surgical Centers (ASCs)

Others

Geographical Viewpoint:

The research overview provides the major industry trend and the global market's predicted volume based on the regional analysis. The elements that have driven and hampered the market's expansion are also mentioned in this market research analysis. The study is also equipped with the most advanced and effective techniques for gathering, recording, estimating, and evaluating market data.

FAQ

Who are the most dominant players in the global market, and what elements are assisting them in gaining a competitive advantage?

What are the strategies adopted by the key industry players to gain traction in the industry?

By the end of the forecast period, what will the market size and growth rate?

What are the biggest Global Embolotherapy Market trends that are influencing market growth?

In the global market, which segment had the biggest revenue share?

Explore More Reports by VynZ Research:

Global Floating Farms Market – Analysis and Forecast (2022-2030)

Global Residential Energy Storage Market - Analysis and Forecast (2022-2030)

Global Photovoltaic Market – Analysis and Forecast (2022-2030)

About VynZ Research

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

[swampprophet-blog]

Aneurysm Coiling & Embolization Devices Market Share, Growth, Outlook up to 2022

Worldwide Market Reports added Latest Research Report titled “Aneurysm Coiling & Embolization Devicess Market by Manufacturers, Regions, Product Type and Application, Forecast to 2022” to its Large Report database.

Aneurysm Coiling & Embolization Devicess Market Report provides important information related to the overall market and price forecast over a five-year period, from 2017 to 2022. In this bit, the experts have offered essential figures which relates to the production and consumption forecast for the major regions that the market is categorized into, production forecast by type, and consumption forecast by application.

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Aneurysm Coiling & Embolization Devicess Market report presents the detail analysis of the parent market based on elite players, present, past and futuristic data which will serve as a profitable guide for all the Aneurysm Coiling & Embolization Devicess Market competitors.

Aneurysm Coiling & Embolization Devicess Market is a growing market into the following sector at present years. The Aneurysm Coiling & Embolization Devicess Market has uncovered rapid development in the current and past years and is probably going to proceed with a continuing development in the upcoming years.

With thorough market segment in terms of different Countries, this report divides the market into a few key countries, with sales (consumption), revenue, market share, and growth rate of the market in these countries over the forecast period 2017-2021.

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Some Table of Content (ToC) points of Aneurysm Coiling & Embolization Devicess Industry Report:

• Aneurysm Coiling & Embolization Devicess Market Research Objective and Assumption

• Aneurysm Coiling & Embolization Devicess Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM)

• Aneurysm Coiling & Embolization Devicess Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis

• Global Aneurysm Coiling & Embolization Devicess Name, By Regions

• Aneurysm Coiling & Embolization Devicess Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.

• Aneurysm Coiling & Embolization Devicess industry Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors.

• Aneurysm Coiling & Embolization Devicess market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials.

• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers

• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List.

• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change.

• Aneurysm Coiling & Embolization Devicess Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region.

• Research Findings and Conclusion

[aniketadgaonkar]

Global Neurovascular Devices Market Share Likely to Reach At a CAGR of 8.57% By 2028

Global Neurovascular Devices Market Research Report is a Proficient and In-Depth Study on the Existing State of Global Neurovascular Devices Industry. This Report Focuses on the Major Drivers, Restraints, Opportunities and Threats for Key Players. It also Provides Granular Analysis of Market Share, Segmentation, Revenue Forecasts and Regional Analysis till 2027.

Further, Global Neurovascular Devices Market Report also covers the development policies and plans, manufacturing processes and cost structures, marketing strategies followed by top Global Neurovascular Devices Key players, distributor’s analysis, Global Neurovascular Devices marketing channels, potential buyers and Global Neurovascular Devices development history. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions.

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Important years considered in the study are:

Historical year – 2015-2020; Base year – 2021; Forecast period** – 2022 to 2028

Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Post-Consumer Global Neurovascular Devices Market.

Key Benefits for Global Neurovascular Devices Market Reports

The analysis provides an exhaustive investigation of the global Post-Consumer Global Neurovascular Devices market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the Post-Consumer Global Neurovascular Devices market throughout the forecast period. The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the Post-Consumer Global Neurovascular Devices market. This is done with an aim of helping companies in

Some of the key players/Manufacturers involved in the Market are:

MicroPort Scientific Corporation, Penumbra, Inc., Stryker Corporation, Terumo Corporation, L. Gore & Associates, Inc., Johnson & Johnson, Medtronic plc,Abbott Laboratories

Segmentation Analysis:

By Product: - (Aneurysm coiling & embolization devices, Cerebral balloon angioplasty & Stenting systems, Support devices, Neurothrombectomy devices)

By Application: - (Arteriovenous Malformations and Fistulas, Carotid Artery Stenosis, Ischemic Strokes, Cerebral Aneurysm)

By End-User: - (Hospitals and Surgery Centers, Research laboratories & Academic Institutes, Ambulatory Care Centers)

Porter’s Analysis is another added point in the report which explains how the number of manufacturers affects the whole market scenario.

PESTLE Analysis includes a political, economic, social, technological, legal, and environmental analysis of all the regions. This analysis explains the effect of all these factors on the Global Neurovascular Devices market.

Pricing analysis is provided in the report, which is examined in accordance with different regions and product type segments. The values for all product type segments in all the regions including North America, Latin America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA) are provided.

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Table of Contents:

Report Overview: It includes major players of the Global Neurovascular Devices market covered in the research study, research scope, market segments by type, market segments by application, years considered for the research study, and objectives of the report.

Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Global Neurovascular Devices market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Global Neurovascular Devices market are discussed.

Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application: Besides an overview of the Global Neurovascular Devices market by application, it gives a study on the consumption in the Global Neurovascular Devices market by application.

Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.

Company Profiles: Almost all leading players of the Global Neurovascular Devices market are profiled in this section. The analysts have provided information about their recent developments in the Global Neurovascular Devices market, products, revenue, production, business, and company.

Market Forecast by Production: The production and production value forecasts included in this section are for the Global Neurovascular Devices market as well as for key regional markets.

Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the Global Neurovascular Devices market as well as for key regional markets.

Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the Global Neurovascular Devices market.

Key Findings: This section gives a quick look at the important findings of the research study.

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[healthcare-domain]

#Embolotherapy Market Is Expected To Reach USD 5.0 Billion By 2026 at a CAGR of 8.0%

Increasing incidences of peripheral vascular diseases, liver cancer, strokes, and uterine fibroids coupled with rising preference for minimally invasive procedures; increasing investments, funds, and grants by public-private organizations for research; and technological advancements in the market will fuel the market growth over the forecast period.

According to a new market research report,  "Embolotherapy Market by Product (Embolic Agents (Microspheres, Liquid Embolic Agents, Coil), Microcatheters), Indication (Oncology, Vascular, Aneurysm, Urology, Nephrology), Procedure (TACE, TARE), End-user (Hospital, Clinics, ASC) - Global Forecast to 2026", is valued at USD 3.4 billion in 2021 and is expected to reach USD 5.0 billion by 2026, at a CAGR of 8.0% during the forecast period.  

The embolotherapy is witnessing a loss of business, and the trend is expected to continue till December 2020. Unfavorable changes in regulations and guidelines are hampering the growth of this industry. Major regulatory authorities across the globe (such as CDC, WHO, MHRA, TGA, and EMA) have identified that cancer patients are at greater risk of COVID-19 infection than healthy adults.  

The embolotherapy devices market has experienced steady growth over the last decade, owing to the growing target patient population base, which has increased the number of target surgeries performed. CVD is a key target disease; its importance and high prevalence have made it a focus for research on successful and effective therapies.

The high success rate and less post-operative complication rate associated with embolotherapy procedures coupled with the rising incidences of liver cancer and hepatocellular cancer will further boost the demand for embolotherapy devices in the near future.

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The availability of effective conventional first-level therapies for the treatment of liver cancer, uterine fibroids, hemorrhagic stroke, and other hemorrhagic conditions is a key restraint to market growth. For instance, therapies such as surgery, chemotherapy, and radiation therapy are preferred options in cancer treatment due to the high awareness among individuals about traditional cancer treatments, low adoption of advanced treatment options (especially in developing countries).

The applications of embolotherapy continue to expand. Initially, embolotherapy was applied for uncontrolled gastrointestinal bleeding; in recent years, embolotherapy is being increasingly adopted for various indications such as non-operative management of solid tumors of the liver, spleen, and kidney; visceral and solid organ aneurysm; vascular malformations in the central nervous systems, pulmonary circulation, head & neck, trunk, and extremities; uterine fibroids; and benign prostatic tumors.

The major players in the market include Boston Medical Corporation (US), Terumo Medical Systems (Japan), Medtronic (US), Johnson & Johnson (US), and Stryker Corporation (US). Other key players in the embolization therapy market include Sirtex Medical Limited (US), Abbott Laboratories (US), Acandis GmbH (Germany), Balt (France), Cook Medical (US), Kaneka Corporation (Japan), Penumbra, Inc. (US).

[enchantingvoid]

Neurovascular Devices Market Analysis Geography Trends, Demand and Forecasts 2030

Global Neurovascular Devices Market: Snapshot

Over the past decade, neurointerventional techniques have gained increased significance in the management of acute ischemic strokes. Endovascular and microsurgical devices are fast gaining traction as minimally invasive techniques for the management of brain aneurysms. In recent years, advances in balloon- and stent- assisted coiling in endovascular therapies have expanded the options for surgeons and patients in the treatment of aneurysms. The rising morbidity and mortality of various types of strokes, particularly acute ischemic strokes, world over has propelled the demand for endovascular mechanical treatment devices. Endovascular thrombectomy has come to be associated with a higher rate of recanalization and has significantly enhanced clinical outcomes for the management of acute ischemic strokes.

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Broad advances in neurovascular-related tools and techniques are further expected to accentuate the market in the coming years. Rising expenditure on improving healthcare infrastructure in various developing nations and favorable reimbursement policies in several developed nations are crucial factors expected to boost the neurovascular devices market in the forthcoming years. In addition, the rising number of clinical trials investigating the viability and efficacy of various neurointerventional techniques for the management of acute ischemic strokes bodes well for the market growth. Furthermore, recent advances in stent retrievers have led to better clinical outcomes in endovascular stroke treatment. In recent years, these stents have shown great promise in decreasing the time to recanalization advancing the treatment of acute ischemic strokes.

Global Neurovascular Devices Market: Overview 

The global market for neurovascular devices is projected to witness robust growth in the next few years. With the expanding pool of patients, healthcare providers and prominent players operating in the global neurovascular devices market are focusing on developing new and effective devices in the near future. The promising opportunities in the emerging economies are projected to fuel the growth of the global neurovascular devices market in the coming few years. 

Global Neurovascular Devices Market: Key Trends 

The rising number of ischemic strokes and brain aneurysm is one of the prominent factors expected to encourage the growth of the global neurovascular devices market in the next few years. In addition, a substantial rise in the demand for surgical processes with minimum invasion and technological developments in this field are anticipated to fuel the growth of the overall market in the coming years. 

On the other hand, the rising need for introducing more effective and low cost therapeutics and the increasing concerns for leading players for commercialization of products are some of the factors predicted to restrict the growth of the global neurovascular devices market in the next few years. Nonetheless, the rising number of initiatives imposed by governments in order to expand and modernize healthcare infrastructure are estimated to supplement the growth of the global neurovascular devices market in the forecast period. 

Global Neurovascular Devices Market: Market Potential 

Technological advancements and the introduction of new products are predicted to create promising opportunities for the key players. In addition, these players are making efforts to create an awareness among patients concerning the availability and other benefits of these devices, which is likely to accelerate the growth of the overall market in the coming years. 

Furthermore, the key end users of neurovascular devices such as ambulatory services, hospitals, and clinics are promoting the use of neurovascular devices. This will encourage the development of the market across the forecast period. 

Global Neurovascular Devices Market: Regional Outlook 

According to the research study, North America is expected to witness substantial growth in the next few years and maintain its leading position in the global neurovascular devices market. In this region, the U.S. is predicted to account for a massive share and is considered as a key contributor, due to the rising prevalence rate of brain aneurysm. The high growth of this region can be attributed to the rising number of technological advancements, favorable medical reimbursements, and high-tech healthcare infrastructure. 

On the other hand, Latin America and Asia Pacific are projected to register a progressive growth rate throughout the forecast period. However, the lack of awareness among patients regarding the availability of neurovascular devices is anticipated to inhibit the growth of the overall market in the coming years. Nonetheless, the advent of new devices and technologies and the increasing efforts by leading players are projected to accelerate the growth of the market in the near future. 

Global Neurovascular Devices Market: Competitive Analysis 

The global neurovascular devices market is a consolidated market with a few number of players operating in it. These players are making notable efforts in order to create a niche for themselves and expand their presence across the globe. Some of the leading players operating in the neurovascular devices market across the globe are Johnson & Johnson (Depuy), Medtronic, Stryker, Terumo, and Penumbra.

Furthermore, the leading players in the global neurovascular devices are focusing on new product development, mergers and acquisitions, and innovations. These aspects are expected to contribute substantially towards the development of the overall market in the coming years. Moreover, the rising competition among players is predicted to encourage the growth of the overall market in the forecast period.

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