Global Neuro-interventional Devices Market, by Product Type (Embolization Coils, Carotid Stents, Intracranial Stents, Neurovascular Thrombectomy, Flow Disruption, Flow Diverters, Intrasaccular Devices, Liquid Embolic Coils, Balloons, and Stent Retrievers), by Technique (Neurothrombectomy Procedure, Cerebral Angiography, Stenting, Coiling Procedures, and Flow Disruption), by End User (Hospitals, Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 2,216.7 Mn in 2021 and is expected to exhibit a CAGR of 5.0% during the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.
Increasing focus of major market players on product approvals is expected to boost the market growth during the forecast period. For instance, in April 2020, Cerus Endovascular Ltd., a commercial stage medical device company, announced that it received CE Mark approval for its 021-inch Contour Neurovascular System. It is a lower profile system which is used for the treatment of saccular intracranial aneurysms. The Contour Neurovascular System is a unique, fine mesh braid that is installed across the neck of the aneurysm sac and it helps in providing a combination of flow disruption and flow diversion by a single device implant.
Global Neurointerventional Devices Market – Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 virus has spread rapidly and infected millions of people worldwide. In March 2020, the World Health Organization (WHO) announced it as a public health emergency and declared it as a pandemic. Many countries such as the U.S., Germany, France, India, and Japan among others have taken significant steps to combat the COVID-19 epidemic.
According to the article published in the Journal of Neurointerventional Surgery, in June 2020, due to the pandemic, neurointerventional physicians are facing two major challenges such as the neurological disease treatment along with combating COVID-19 infection spread. Also, the Chinese Federation of Interventional and Therapeutic Neuroradiology (CFITN) and the International Society for Neurovascular Disease (ISNVD) have called the neuro-interventional specialists from various departments such as neurosurgery, neurology, and interventional radiology in order to discuss and compile the expert consensus based on their working experience in fighting against the COVID-19 epidemic and related regulations for performing neuro-interventional procedures issued by National Health Commission.
Browse 32 Market Data Tables and 35 Figures spread through 312 Pages and in-depth TOC on “Global Neurointerventional Devices Market”- Forecast to 2028, Global Neuro-interventional Devices Market, by Product Type (Embolization Coils, Carotid Stents, Intracranial Stents, Neurovascular Thrombectomy, Flow Disruption, Flow Diverters, Intrasaccular Devices, Liquid Embolic Coils, Balloons, and Stent Retrievers), by Technique (Neurothrombectomy Procedure, Cerebral Angiography, Stenting, Coiling Procedures, and Flow Disruption), by End User (Hospitals, Clinics, and Ambulatory Surgical Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in the Global Neurointerventional Devices Market, click the link below:
https://www.coherentmarketinsights.com/market-insight/neurointerventional-devices-market-3200
Rising technological advancements in neuro-interventional devices is expected to boost the neuro-interventional devices market growth during the forecast period. For instance, in November 2019, Corindus, a Siemens Healthineers Company, announced the launch of its CorPath GRX System. It was used to complete the first-inhuman robotic-assisted neurovascular intervention. The robotic and stent-assisted aneurysm coiling device is used in new interventional treatment for patients with neurovascular disease.
Key Takeaways of the Global Neurointerventional Devices Market:
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