The neurointerventional devices market is a specialized segment of the medical devices industry that is focused on the development and sale of devices used for the diagnosis and treatment of various neurological disorders. These devices are primarily used by neurologists, neurosurgeons, and interventional radiologists to treat conditions such as aneurysms, stroke, and arteriovenous malformations. The global neurointerventional devices market is expected to grow in the coming years due to the increasing prevalence of neurological disorders, as well as technological advancements in the field of neurointerventional devices. For example, the development of new materials and coatings for devices such as stents and coils has led to improved safety and efficacy in the treatment of aneurysms.
Some of the major players in the neurointerventional devices market include Medtronic plc, Stryker Corporation, Johnson & Johnson, Terumo Corporation, and Penumbra, Inc. These companies offer a range of neurointerventional devices, including stents, coils, catheters, and flow diverters, among others. In addition to the treatment of neurological disorders, neurointerventional devices are also used for diagnostic purposes. For example, diagnostic angiography is a procedure in which a contrast agent is injected into the bloodstream, and then X-ray images are taken to visualize blood vessels in the brain. This procedure can help diagnose conditions such as stroke, aneurysms, and arteriovenous malformations.
Overall, the neurointerventional devices market is expected to continue to grow as the demand for treatment of neurological disorders increases and as technology continues to advance in the field of neurointerventional devices.
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Key findings of the Neurointerventional Devices market study:
- The report provides a present market outlook on Neurointerventional Devices. Additionally, the Neurointerventional Devices market share is anticipated to grow with a CAGR of 8% in the forecast period.
- Regional breakdown of the Neurointerventional Devices market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Neurointerventional Devices vendors in detail.
- Region-wise and country-wise fragmentation of the Neurointerventional Devices market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Neurointerventional Devices market.
- Neurointerventional Devices price, market share, and Trends forecast for assessment period 2021-2031
Key Segments of Neurointerventional Devices Industry Survey
· By Product Type:
- Embolic Coils Neurointerventional Devices
- Neurovascular Thrombectomy Neurointerventional Devices
- Carotid Stents Neurointerventional Devices
- Flow Diverters Neurointerventional Devices
- Embolic Protection Neurointerventional Devices
- Stent Retrievers Neurointerventional Devices
- Intracranial Stents Neurointerventional Devices
- Liquid Embolic Neurointerventional Devices
- Intrasaccular Neurointerventional Devices
- Balloon Neurointerventional Devices
· By End User:
- Ambulatory Surgical Centers
· By Application:
- Neurointerventional Devices for Coiling Procedures
- Neurointerventional Devices for Stenting
- Neurointerventional Devices for Cerebral Angiography
- Neurointerventional Devices for Neurothrombectomy Procedure
- Neurointerventional Devices for Flow Disruption
· By Regions :
- North America
- Latin America
The Neurointerventional Devices industry is dominated by some prominent players including
- Boston Scientific Corporation
- Medtronic plc
- St. Jude Medical, Inc.
- Nevro Corp.
- Nuvectra Corporation
- Stimwave Technologies Inc.
- Saluda Medical Pty Ltd.
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Neurointerventional Devices market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Neurointerventional Devices brands leading to an impact on the margin profits of firms.
Report Benefits & Key Questions Answered
- Neurointerventional Devices Company & brand share analysis: Company and brand share analysis on Neurointerventional Devices reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Neurointerventional Devices Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Neurointerventional Devices
- Neurointerventional Devices Category & segment level analysis: Fact.MR’s Neurointerventional Devices sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Neurointerventional Devices Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Neurointerventional Devices: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
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