For the treatment of neurovascular diseases like arteriovenous malformations (AVMs), brain aneurysm, and others, the neurovascular devices are used. With the expanding worldwide burden of the neurovascular illnesses and rising interest for negligibly invasive systems, the market for neurovascular gadgets was created. The market keeps on developing these reasonable stages. Furthermore, factors, for example, good repayment strategies, and continuous product development and commercialization drive market development. Hence, the global market for neurovascular devices is relied upon to develop at an exponential rate amid the forecast period (2017-2023).
Nevertheless, high procedural expense pursued by revealed instances of damage and the requirement for doctor preparing is assessed to control the market development amid the gauge time frame. It is accounted for that the normal expense for the treatment of neurovascular devices utilizing the flow diversion is assessed to be about USD 24,650. The Global Neurovascular Devices Market is projected to grow at a CAGR of 8.8% during forecast period.
The global neurovascular devices market is divided on the basis of product, end-user, therapeutic application, and regional analysis. Based on its product, the market is classified into embolization devices & aneurysm coiling, support device, neuro thrombectomy devices, stenting systems, and cerebral balloon angioplasty. Based on its therapeutic application, the global neurovascular devices market is categorized into ischemic strokes and hemorrhagic stroke. On the basis of the end-users industry, the market is classified into ambulatory surgical units and hospitals & clinics.
Geographically, the global neurovascular devices market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
The industry players for the global neurovascular devices market include companies like Stryker, Johnson & Johnson Services, Inc., Medtronic, TERUMO CORPORATION, Merit Medical Systems, Inc., Abbott, Medikit co., ltd., MicroPort Scientific Corporation, Penumbra, Inc., Evasc, Neuravi, Rapid Medical, W. L. Gore & Associates, Inc., Sensome, OxfordEndovascular, Blockade Medical, LLC., Secant Group, LLC, Delaware Corporation, Gynesonics, among others.