Delvens published a new research publication on "Neurovascular Devices Market Insights, to 2030" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Neurovascular Devices Market was mainly driven by the increasing RD spending across the world.
The global Neurovascular Devices Market size is 2.84 billion USD in 2022 and is projected to reach a CAGR of 6.0% from 2023-2030.
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Vascular disorders of the brain and central nervous system are diagnosed and treated with the aid of interventional neurology devices. Angiography, fluoroscopy, endovascular procedures, and catheter-based techniques are all included in interventional neurology.
The market is anticipated to be driven by the rising frequency of neurological illnesses, technological developments, and rising demand for less invasive procedures. The increase in RD investments in the biotechnology and pharmaceutical industry will also be the major driving factor of the neurovascular devices market.
Regional Analysis
Asia Pacific to Dominate the Market
- Due to the presence of major producers in the North American region, including Stryker Corporation, Penumbra, Inc., Johnson Johnson, and Merit Medical Systems, Inc., North America held the largest market share and dominated the market in 2021.
- Due to factors including the increasing prevalence of target diseases, Asia Pacific is anticipated to expand at the greatest CAGR during the projection period.
Competitive Landscape
- Medtronic
- Johnson and Johnson Services Inc.
- Penumbra, Inc.
- Microport Scientific Corporation
- Stryker
- Microvention Inc (Terumo Corporation)
- Codman Neuro (Integra Lifesciences)
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Recent Developments
- Johnson Johnson has announced the release of Cerenovus Stroke Solutions, a trio of devices that will aid medical professionals in clot removal procedures, in 2020.
- The Surpass Evolve Flow Diverter was introduced by Stryker Corporation in the United States in August 2020 following FDA approval.
Reasons to Acquire
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
- Gain authentic and granular data access for Neurovascular Devices Market so as to understand the trends and the factors involved behind changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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In addition to the market data for Neurovascular Devices Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
Frequently Asked Questions:
What are the years considered to study this market intelligence report?
The Neurovascular Devices Market is studied from 2023-2030.
What is the compound annual growth rate (CAGR) of the Neurovascular Devices Market?
The Neurovascular Devices Market is growing at a CAGR of 6.0% during the forecast period.
Which region holds the largest market share in Neurovascular Devices Market?
North America holds the highest share in 2022.
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