Global Neuro-interventional
Devices Market, by Product Type (Embolic Coils, Carotid Stents,
Intracranial Stents, Neurovascular Thrombectomy Devices, Embolic Protection
Devices, Flow Diverters Devices, Intrasaccular Devices, Liquid Embolic Devices,
Balloon Devices and Stent Retrievers), by End User (Hospitals and Clinics), by
Technique (Neurothrombectomy Procedures, Cerebral Angiography, Stenting Coiling
Procedures, and Flow Disruption), and by Region (North America, Latin America,
Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at
US$ 2358.1 million in 2020 and is
expected to exhibit a CAGR of 4.0 % over
the forecast period (2020-2027), as highlighted in a new report published by
Coherent Market Insights.
The global neuro-interventional
devices market is expected to witness significant growth, as key companies are
focusing on strategic mergers and acquisitions to strengthen their position in
the market. For instance, in 2019, Siemens Healthineers AG acquired Corindus
Vascular Robotics, Inc., the acquisition will aid in the development of advance
technologies in neuro-interventional procedures.
Global Neuro-interventional
Devices Market – Impact of Coronavirus (Covid-19)
The COVID-19 pandemic has
drastically affected every market worldwide and it is expected to affect the
global neuro-interventional device market in the following ways:
Government initiatives to combat
the COVID-19 crisis are expected to hamper the market growth during the
forecast period. For instance, according to the Indian Society of
Neuroradiology (ISNR) report published in September 2020, stated that
healthcare professionals and hospitals are facing various challenges, while
following various guidelines and precaution during carrying out interventional
procedures, the challenges are stated are as follows:
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Ascertaining COVID-19 status of
the patient before carrying out the interventional procedures, which may lead
to time delay for carrying out urgent surgical procedures
Delayed response by the emergency
room teams, as most of their focus has shifted to other priorities in the
COVID-19 pandemic
Protecting health care workers from
acquiring the infection, especially given the fact that the trained workforce
capable of delivering this specialized service is scarce
Browse 33 Market Data Tables and
32 Figures spread through 175 Pages and in-depth TOC on “Global
Neuro-interventional Devices Market, by Product Type (Embolic Coils, Carotid
Stents, Intracranial Stents, Neurovascular Thrombectomy Devices, Embolic
Protection Devices, Flow Diverters Devices, Intrasaccular Devices, Liquid
Embolic Devices, Balloon Devices and Stent Retrievers), by End User (Hospitals
and Clinics), by Technique (Neurothrombectomy Procedures, Cerebral Angiography,
Stenting Coiling Procedures, and Flow Disruption), and by Region (North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
The global neuro-interventional
devices market is expected to witness significant growth during the forecast
period, owing to key companies focusing on technological advancements in the
neuro-interventional devices market, in order to strengthen their presence in
the market. For instance, in November 2019, Corindus, a subsidiary of Siemens
Healthineers Company, announced that its CorPath GRX System, an interventional
device was used to complete the first robotic assisted neurovascular
intervention.
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Report: https://www.coherentmarketinsights.com/market-insight/neurointerventional-devices-market-3200
Key Takeaways of the Global
Neuro-interventional Devices Market:
The global neuro-interventional
devices market is expected to exhibit a CAGR of 4.0 % over the forecast period,
as key companies are focusing on strategies such as mergers and acquisitions
Among product type, neurovascular
thrombectomy segment is estimated to hold major market share in 2020, owing to
rising prevalence of acute ischemic stroke in individuals globally. According
to Center of Disease Control and Prevention report published in 2018, stated
that approximately 1 individual out of 6, were died due to stroke globally in
year 2018
Among technique, the
neurothrombectomy procedure is estimated to account for major market share in
2020, owing to less minimally invasive procedure and also less pain experienced
by patients after neuro-interventional surgery
Key players operating in the
global neuro-interventional devices market include Stryker Corporation,
Penumbra Inc., Medtronic, Johnson & Johnson Private Limited, Imperative
Care, Inc., Anaconda Biomed SL, Insera Therapeutics, Perflow Medical Ltd.,
Terumo Corporation, MicroPort, and Rapid Medical Ltd.
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report: https://www.coherentmarketinsights.com/insight/buy-now/3200
About
Coherent Market Insights:
Coherent
Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting
services, and competitive analysis through various recommendations related to
emerging market trends, technologies, and potential absolute dollar
opportunity.
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