Neurovascular Devices Market Report 2023: Industry Overview, Size, Share & Forecast till 2028

Global Neurovascular Devices Market Overview 2023-2028

The global neurovascular devices market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

Neurovascular devices are specialized medical devices designed for the diagnosis, treatment, and management of various conditions affecting the blood vessels of the brain and the central nervous system. They are used by healthcare professionals, particularly neurosurgeons and interventional radiologists, to address neurovascular disorders, including aneurysms, arteriovenous malformations (AVMs), ischemic stroke, and other vascular abnormalities. They enable minimally invasive procedures and endovascular techniques, which reduce the need for open surgeries and offer patients less invasive treatment options with potentially faster recovery times and reduced risks.

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Global Neurovascular Devices Market Trends and Drivers:

The surging prevalence of neurological disorders, such as ischemic stroke, brain aneurysms, arteriovenous malformations (AVMs), and cerebral artery stenosis, represents one of the primary factors driving the demand for neurovascular devices around the world. Moreover, the increasing aging population that are more prone to such medical diseases is favoring the growth of the market. In addition, the growing awareness about the warning signs and symptoms of neurological disorders and the easy availability of neurovascular devices is influencing the market positively. Apart from this, initiatives undertaken by government and non-governmental organizations (NGOs) of numerous countries to support various health education campaigns to spread awareness about the risk factors associated with neurovascular diseases are propelling the growth of the market.

Global Neurovascular Devices Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Acandis GmbH, Asahi Intecc Co. Ltd., Imperative Care Inc., Integer Holdings Corporation, Johnson & Johnson, Medtronic plc, MicroPort Scientific Corporation, Penumbra Inc., Perflow Medical Ltd., Rapid Medical, Stryker Corporation and Terumo Corporation.

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The report segmented the market on the basis of region, product, application and end user.

Breakup by Product:

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

Breakup by Application:

• Ischemic Stroke
• Aneurysm
• Arteriovenous Malformation and Fistulas (AVM)
• Stenosis
• Others

Breakup by End User:

• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others

Breakup by Region:

• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

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Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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