Pune, India -- (SBWIRE) -- 07/20/2018 -- Neurovascular Devices are mainly used in the treatment of neurovascular diseases like AVMs (arteriovenous malformations), and brain aneurysm, among others. While every device, among the various available devices, has its own set of pros & cons, all these Neurovascular Devices are effectively providing good outcomes.

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Efficacy of these devices assuring phenomenal outcome is a key factor driving the market demand, resultantly driving the market growth.  Growing prevalence of Neurovascular diseases fuelled by the changing lifestyle, inclination towards the sedentary lifestyle & growing obesity disorder among people, such factors are increasing the demand for these devices, increasing its market growth. Therefore, the global Neurovascular devices market is growing pervasively.

Acknowledging the traction, this market is vibrating with currently; Market Research Future (MRFR) has recently published a study report giving out the complete market prognosis up till 2023. According to MRFR, the global Neurovascular Devices market gaining further prominence will register a spectacular growth by 2023, posting a striking CAGR of 8.8% during 2017 – 2023. Factors such as favorable reimbursement policies, coupled with the ongoing product development & commercialization help boosting the market growth.

Top Players:

The Global Neurovascular Devices Market is led by some of the fervent players including Medtronic, Stryker, Johnson & Johnson Services, Inc., Abbott, Terumo Corporation, Merit Medical Systems, Inc., Penumbra, Inc., Medikit co.Ltd. , etc.

Global Neurovascular Devices Market – Competitive Analysis

Neurovascular Devices market appears to be competitive & fragmented owing to the presence of several matured & small key players forming a competitive landscape. Strategic partnership, expansion, acquisition, product & technology launch, and collaboration remain the key strategies of market players to achieve competitive advantage.

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Global Neurovascular Devices Market – Segmentations

For the convenience of the report and enhanced understanding; the report - Neurovascular Devices market is segmented into 4 key dynamics

By Products : Aneurysm Coiling & Embolization Devices {Embolic Coils (Detachable Coils, and Pushable Coils.), Flow Diversion Devices, Liquid Embolic, Neurothrombectomy Devices (Retrieval Systems, Suction and Aspiration Devices), Support Device (Microcatheters and Microguidewires), Cerebral Balloon Angioplasty & Stenting Systems {Carotid Artery Stents and Embolic Protection Systems (balloon occlusion devices and distal filter devices)}.

By Therapeutic Applications: Hemorrhagic and Ischemic Strokes among others.

By End Users: Hospitals & Clinics, Specialty Centers, & Ambulatory Surgical Centers among others.

By Regions: Europe, North America, APAC and Rest of the World.

Global Neurovascular Devices Market – Geographical Analysis

The North America market is expected to dominate the global Neurovascular Devices market with the significant market share. Growing prevalence of neurovascular diseases like AVMs (arteriovenous malformations), brain aneurysm, and others are contributing to the growth of the regional market. Moreover, increasing demand for minimally invasive procedures, technologically advanced treatment and products along with the rising healthcare expenditures and government support, such factors are expected to drive the regional market growth.

Whereas the Europe & Asia Pacific markets stand at the second & third positions respectively, in terms of the market share. The European market is expected to grow a healthy growth during the forecast period. The growth of this market attributes to the factors such as the availability of advent & advanced treatment facilities & healthcare expenditures along with the growing demand for better healthcare infrastructure. Moreover, rising rates of neurovascular diseases and growing population that is increasingly adopting the sedentary lifestyle, such factors are driving the regional market growth.

The Asia-Pacific market is expected to be the fastest growing market for Neurovascular Devices. Factors such as increasing prevalence of neurovascular diseases coupled, availability of new treatment methods with the growing population that is increasingly gaining awareness towards the good health drive the market in the region. 

Major TOC of Neurovascular Devices Market Research Report – Global Forecast till 2023:

1 Report Prologue

2 Research Methodology

3 Market Dynamics

4 Market Factor Analysis

5 Global Neurovascular Devices Market, By Product

6 Global Neurovascular Devices Market, By Therapeutic Application

7 Global Neurovascular Devices Market, By End User

8 Global Neurovascular Devices Market, By Region

9 Company Landscape

10 Company Profiles

11 Conclusion

12 Appendix

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