The global neurovascular intervention market has witnessed improvements in the area of neuroendovascular therapy which has led to the development of novel revascularization, embolization, mechanical thrombectomy, and access/support devices. The market is driven by advancements that are able to address the unmet needs of a large population suffering from cerebrovascular diseases across the world. According to the World Health Organization, incidence of cerebrovascular diseases such as migraine and stroke is high in Italy. This is mainly affecting the age group of 40–84 years. This is due to the rapidly changing lifestyle in the European countries. Exponential rise in the number of patients suffering from aneurysms and stroke are the factors fueling the growth of the market. The shift in trend from traditional interventions to minimally invasive procedures for the treatment of neurovascular disorders is boosting the companies for new advancements in neurovascular intervention market. However, lack of skilled neurosurgeons and high cost of neurovascular intervention treatment and R&D are likely to restrain the market. Suppliers in this space such as Stryker, Codman, and Medtronic are influenced by the strategies of large orthopedic companies, which has resulted in high prices of neurovascular devices.
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Neurovascular intervention is the use of minimally invasive medical devices and techniques to treat vascular diseases of central nervous system. Neurovascular interventional procedures help to avoid surgeries of high risk zones of body such as brain, spine, or the neck. It is a field with significant scope for research and development because it requires a highly expertise neurologist to perform the procedures with current conventional devices. There is a need to advance technology and devices to minimize the failures in interventional procedures. Neurovascular Intervention involves usage of minimally invasive approaches including the use of microcatheters to treat various diseases of the brain, head, neck, and spine. Neurovascular interventional devices are used in procedures such as removal of blood clot within a blood vessel in the brain during an acute ischemic stroke and to restore blood flow. Several improvements are noted with endovascular treatment of intracranial aneurisms by detachable coils. Recent evidence suggests that endovascular intervention is at least as effective as open surgery, with fewer complications.
This report studies the global Neurovascular Intervention market, analyzes and researches the Neurovascular Intervention development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like Stryker, Medtronic,MicroVention (Terumo Corporation), De PuySynthes.
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Neurovascular Intervention Market: Segmentation
Neurovascular Interventional market is classified on the basis of device type, disease type, company and geography.
Based on Device, the global neurovascular intervention market can be segmented as follows:
- Carotid Stent
- Clot Removal
- Liquid Embolic
- Coil Assist Balloon
- Coil Assist Stent
- Flow Diverter Stent
- Micro wire/Catheter
Based on Disease, the global neurovascular intervention market can be segmented as follows:
- Intracranial Atherosclerotic Disease (ICAD)
- Ischemic Stroke
- Arteriovenous Malformation(AVM)
Based on Geography, the global neurovascular intervention market can be segmented as follows:
- United States
- United Kingdom
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