Press release
Neurovascular Devices Market Size to Surge from USD 2.82 Bn in 2023 to USD 4.30 Bn by 2030, Driven by 6.2 percentage CAGR
The ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 2.82 Bn in 2023 and is expected to reach USD 4.30 Bn by 2030, at a CAGR of 6.2%.๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Neurovascular devices are specialized tools designed to treat critical conditions affecting the brain's vasculature, such as ischemic stroke, cerebral aneurysms, and other neurovascular disorders. These devices, including embolic coils, flow diversion stents, and thrombectomy tools, are crucial in managing complex cerebrovascular conditions. With an aging global population, the demand for neurovascular devices is rising as conditions like ischemic stroke and aneurysms become more prevalent. Leading companies like TE Connectivity are driving innovation in minimally invasive access and delivery devices, which are essential for performing delicate neurovascular procedures with precision. The market's expansion is fueled by the increasing need for advanced treatments that can prevent severe health outcomes like brain damage, disability, and death associated with neurovascular diseases.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/31229/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The increasing prevalence of neurovascular disorders, driven by the aging population, is a major driver for the neurovascular devices market. Conditions like ischemic strokes, cerebral aneurysms, and arteriovenous malformations are on the rise, particularly among older adults. As the global population continues to age, the demand for innovative and effective treatments for these conditions becomes more urgent. This trend has spurred advancements in the development of neurovascular devices, offering improved treatment outcomes and better patient management. Institutions such as Virginia Mason Franciscan Health and Dignity Health Neurological Institute are leading the charge in the adoption of these advanced medical devices, addressing the growing need for effective treatment solutions in the face of increasing patient numbers.
๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The trend toward minimally invasive procedures is one of the most significant developments in the neurovascular devices market. These procedures, which involve smaller incisions and reduced surgical trauma compared to traditional open surgery, have been widely adopted by healthcare professionals due to their lower risk of infection, shorter recovery times, and less post-operative pain. Advancements in imaging technologies, such as real-time anatomical modeling and high-resolution imaging, are enabling more accurate and precise procedures. Devices that facilitate minimally invasive interventions-such as flow diversion stents and neurothrombectomy tools-are experiencing growing demand, as they offer patients faster recoveries and lower risks than conventional methods. This trend is reshaping the landscape of neurovascular care and pushing the market toward more patient-friendly treatment options.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/31229/
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
1. ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ๐ฌ Recent innovations in neurovascular devices, such as improved stent retrievers, embolization coils, and intra-arterial catheters, are significantly enhancing treatment efficacy. These devices help healthcare providers perform more precise procedures, which is crucial for improving patient outcomes in the case of strokes or aneurysms.
2. ๐๐ง๐๐ซ๐๐๐ฌ๐๐ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ In the Asia-Pacific region, countries like Japan, South Korea, Vietnam, and Thailand are seeing rising demand for advanced neurovascular treatments. The increasing prevalence of strokes and neurological conditions, combined with healthcare infrastructure development, is accelerating the market growth in these countries.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
1. ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง - ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐๐ง ๐๐๐ฉ๐๐ง, several key players in the neurovascular devices sector have expanded their portfolios through strategic acquisitions. This has enabled companies to introduce new products and access broader markets, especially with the aging population in Japan. Recent acquisitions also target expanding R&D for innovative neurovascular treatments.
2. ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐&๐ ๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ, leading companies in the neurovascular devices market have been consolidating their positions by acquiring smaller, innovative firms. These strategic mergers are designed to integrate new technologies and expand market share in a competitive and rapidly evolving industry.
3. ๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง European companies have followed suit with strategic acquisitions, aiming to strengthen their product offerings in neurovascular treatments. With the growing aging population and the increasing prevalence of neurovascular diseases, M&A activity in Europe is expected to intensify.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/31229/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
By Device
Cerebral Embolization and Aneurysm Coiling Devices
Embolic coils
Flow diversion devices
Liquid embolic agents
Cerebral Angioplasty and Stenting Systems
Carotid artery stents
Embolic protection
Neurothrombectomy Devices
Clot retrieval devices
Suction devices/aspiration catheters
Vascular snares
Support Devices
Micro catheters
Micro guidewires
Trans Radial Access Devices
By Therapeutic Application
Stroke
Cerebral Artery
Cerebral Aneurysm
Aneurysmal Subarachnoid Hemorrhage
Others
Others
By End User
Hospitals
Specialty Clinics
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Medtronic plc (Dublin, Ireland)
2. Johnson & Johnson (New Brunswick, New Jersey, USA)
3. Stryker Corporation (Kalamazoo, Michigan, USA)
4. Terumo Corporation (Tokyo, Japan)
5. Abbott Laboratories (Abbott Park, Illinois, USA)
Neurovascular Devices Manufacturers in North America
1. Penumbra, Inc. (Alameda, California, USA)
2. Merit Medical Systems, Inc. (South Jordan, Utah, USA)
Neurovascular Devices Manufacturers in Europe
1. Balt Extrusion (Montmorency, France)
2. Acandis GmbH (Pforzheim, Germany)
3. ArtVentive Medical Group, Inc. (Carlsbad, California, USA)
4. Spiegelberg GmbH & Co. KG (Hamburg, Germany)
5. EndoShape, Inc. (Aliso Viejo, California, USA)
6. Penumbra Europe GmbH (Alsbach-Hรคhnlein, Germany)
Neurovascular Devices Manufacturers in Asia Pacific
1. Terumo Corporation (Tokyo, Japan)
2. MicroPort Scientific Corporation (Shanghai, China)
3. Medikit Co., Ltd. (Tokyo, Japan)
4. Penumbra Japan (Tokyo, Japan)
5. Asahi Intecc Co., Ltd. (Aichi, Japan)
6. Kaneka Corporation (Osaka, Japan)
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-neurovascular-devices-market/31229/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Neurovascular Devices Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Neurovascular Devices Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
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