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Global Neurovascular Devices Market : Industry Analysis and Forecast (2017-2026)

Global Neurovascular Devices Market was valued US$ 1.95 Bn in 2017 and is expected to reach US$ 4.34 Bn by 2026, at CAGR of 10.52% during forecast period.

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Advancement of innovative technology has led to significant demand for procedures with minimum invasion. Slightly invasive procedures offering benefits to the patients including decreased pain, less blood loss and cost-effectiveness will increase adoption of neurovascular surgeries, these factors will also help to accelerate neurovascular devices market growth.

Furthermore, Technological advancements in neurovascular devices will help as a high impact rendering factor for neurovascular devices industry growth. Additionally, a growing number of cases of a brain aneurysm and ischemic stroke across the U.S. will be a major factor driving market growth. Ischemic stroke is the highest occurring subtype of stroke in the U.S. and stroke is the fourth leading mortality factor. According to The American Journal of Medicine, approximately 795,000 strokes occur each year in the country. With increasing geriatric population across the country, the burden of ischemic stroke is rapidly rising that will result in substantial demand for neurovascular devices over the upcoming years

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At the same time, the greater cost associated with neurovascular devices and treatment can reduce the adoption and customer preference for the devices. Furthermore, challenges pertaining to commercialization of neurovascular devices due to lack of resources and proper business environment across emerging economies may restrict neurovascular devices market growth in the foreseeable future.

Based on type, Embolic coils product segment accounted for the largest market size of USD XX million in 2017. Minimal invasion, shape and size flexibility these benefits offered by embolic coils will contribute to the segmental growth. Embolic coils are cost-effective and offer sub-optimal angiographic results. With increasing patient suffering from a brain aneurysm, neurovascular devices market will foresee a remarkable increase in demand during the forecast period.

Among the regions, Asia-Pacific holds the largest share of neurovascular devices market, in 2017. This region is expected to continue its dominance during the forecast period. North America accounted for the largest market share of the total market in 2017 and is expected to hold the top position over the forecast period. Key factors driving this growth include favorable reimbursement structure, especially in the U.S., extensive R&D investments, and wide product usage by neurosurgeons supported by the availability of advanced technologies with higher efficiency and reliability. The Asia Pacific is the fastest-growing region, with India and China on the forefront. Major revenue contributor in this region is Japan, which is anticipated to maintain dominance during the forecast period, on account of increasing awareness about neurovascular diseases and its management.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global neurovascular devices market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global neurovascular devices market.

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Scope of Global Neurovascular Devices Market:

Global Neurovascular Devices Market, By Type:

• Cerebral Embolization and Aneurysm Coiling Devices
o Embolic Coils
o Flow Diversion Devices
o Liquid Embolic Agents
• Cerebral Angioplasty and Stenting Systems
o Carotid Artery Stents
o Embolic Protection Systems
• Neurothrombectomy Devices
o Clot retrieval Devices
o Suction Devices
o Vascular Snares
• Support Devices
o Micro Catheters
o Micro Guidewires

Global Neurovascular Devices Market, By Therapeutic Application:

• Stroke
• Cerebral Artery Stenosis
• Cerebral Aneurysm
• Others

Global Neurovascular Devices Market, By End-user:

• Hospitals
• Clinics
• Ambulatory Surgical Centers
Others

Global Neurovascular Devices Market, By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Key Players Operated in Market Include:

• Stryker Corporation
• Medtronic plc
• Johnson & Johnson
• Terumo Corporation
• Penumbra, Inc.
• Abbott Laboratories
• Merit Medical Systems, Inc.
• W. L. Gore & Associates, Inc.
• MicroPort Scientific Corporation

Browse Full Report with Facts and Figures of Neurovascular Devices Market Report at: https://www.maximizemarketresearch.com/market-report/global-neurovascular-devices-market/31229/

MAJOR TOC OF THE REPORT

Chapter One: Neurovascular Devices Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Neurovascular Devices Market Competition, by Players

Chapter Four: Global Neurovascular Devices Market Size by Regions

Chapter Five: North America Neurovascular Devices Revenue by Countries

Chapter Six: Europe Neurovascular Devices Revenue by Countries

Chapter Seven: Asia-Pacific Neurovascular Devices Revenue by Countries

Chapter Eight: South America Neurovascular Devices Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Neurovascular Devices by Countries

Chapter Ten: Global Neurovascular Devices Market Segment by Type

Chapter Eleven: Global Neurovascular Devices Market Segment by Application

Chapter Twelve: Global Neurovascular Devices Market Size Forecast (2019-2026)

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ENERGY

Global Neurovascular Devices Market 2019 exhibiting a CAGR of 5.97% till 2026

Fior Markets has added concise research on Global Neurovascular Devices Market which depicts valuable insights related to significant market trends driving the industry. The report throws light on the cost-effective global Neurovascular Devices market and its varying nature. The report analyzes key opportunities and challenges confronted by market leaders. The report comprises analysis of key factors including industry manufacturing base, prominent rivals in the business, and business overview. The research study describes necessary factors like prime manufacturers, production worth, key regions and rate of growth. With growth trends, numerous stakeholders like investors, CEOs, traders, suppliers, SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.

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Market size and market share are dramatically represented in the form of tables, figures, pie charts, and graphs. The report presents the company revenue, production, price, and gross margins. Further, growth drivers, restraints, challenges, and opportunities, and threat factors that the Neurovascular Devices market will likely encounter over the forecast period (2019-2026) are highlighted in the report. Market leaders’ competitive setting and corporate strategies are also underlined for the estimated timeline. The analysts who have authored the report present valuable guidance that will help key leaders raise their revenue.

Leading players in the Neurovascular Devices market:Abbott Laboratories, W. L. Gore & Associates, Inc., Johnson & Johnson, Medtronic PLC, Merit Medical Systems, Inc., MicroPort Scientific Corporation, Penumbra, Inc., Stryker Corp., Terumo Medical Corporation, Integer Holdings Corporation, and Acandis GmbH & Co. KG among others.

Regional Glimpse:

The geographical division offers data that gives you an idea of the revenue of the companies and sales figures of the global Neurovascular Devices for a growth business. Here are highlights of the Geographical divisions:North America, Europe, Asia Pacific, South America, and the Middle East and Africa.

The whole Neurovascular Devices market report is further divided into prominent manufacturers, countries/regions, and various segments for the competitive landscape study. Predictions on market improvement trends for 2019 to 2026 time period, present market dynamics, downstream demand, and Study of raw materials are also included. Global market players, shareholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them obtain their mission-critical priorities.

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Reasons To Purchase Global Neurovascular Devices Market Report:

  • Assessing the global industry outlook of the market with the recent trends and SWOT analysis
  • The developing market dynamics, industry plans, competition, and policies are evaluated in this study.
  • This report offers market insights and in-depth statistics on every market segment
  • The factors compelling market growth and risks are presented
  • To provide visions about aspects affecting the market growth
  • Comprehensive company profiles covering the product offerings, recent developments, and key financial information

Customization of the Report:This report can be customized to meet the client’s requirements. Please connect with our sales team ([email protected]), who will ensure that you get a report that suits your needs.

To View Press Release on Neurovascular Devices Market : https://www.marketwatch.com/press-release/global-neurovascular-devices-market-2019-to-witness-348-billion-value-by-2026-2019-07-26