Interventional Neuroradiology Market Expansion: From $1.9B to $2.9B by 2031 | Balt Extrusion, Merit Medical Systems, Terumo Corporation, Medtronic, Penumbra, Inc

Global Interventional Neuroradiology Market reached US$ 1.9 billion in 2022 and is expected to reach US$ 2.9 billion by 2031, growing with a CAGR of 5.8% during the forecast period 2024-2031.

Interventional Neuroradiology Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Interventional Neuroradiology (INR) is a specialized field of radiology that uses minimally invasive image-guided procedures to diagnose and treat diseases of the brain, spine, and blood vessels. It involves techniques such as cerebral angiography, embolization, and thrombectomy to manage conditions like aneurysms, strokes, arteriovenous malformations (AVMs), and carotid artery stenosis. By utilizing advanced imaging technologies like fluoroscopy, CT, and MRI, INR enables precise, targeted treatments with reduced recovery times compared to traditional surgery.

List of the Key Players in the Interventional Neuroradiology Market:

Balt Extrusion, Merit Medical Systems, Terumo Corporation, Medtronic, Penumbra, Inc., Mediterra, Stryker, Boston Scientific Corporation, Micro Port Scientific Corporation, MicroVention Inc

Key Developments:

In June 2023, Adept Medical introduced the **Head Immobilizer**, a radiolucent support designed for various interventional radiology (IR) and neuroradiology procedures. Now commercially available, this positioning device helps reduce retake costs by minimizing head movement in awake patients during procedures. It also enables interventionists to consider conscious sedation as an option while reducing patient exposure to radiation.

Growth Forecast Projected:

The Global Interventional Neuroradiology Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Interventional Neuroradiology Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Interventional Neuroradiology Market:

By Device Type: Microcatheters, Neurovascular Embolization & Coiling Assist Devices, Embolic Coils, Flow Diversion Devices, Liquid Embolic Agents, Accessories, Microguidewires

By Application: Cerebral Aneurysms, Intra-cranial Atherosclerotic Tumors, Acute Ischemic Strokes, Others

By End-User: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers

Regional Analysis for Interventional Neuroradiology Market:

The regional analysis of the Interventional Neuroradiology Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Interventional Neuroradiology market?

➠ Who are the leading manufacturers in the global Interventional Neuroradiology industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Interventional Neuroradiology industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Interventional Neuroradiology market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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