Global Neurovascular Devices Market Report 2022 Covers In-Depth Analysis of Emerging Trends and Competitive Landscape in Medical Field || Stryker Corporation, Johnson & Johnson, Medtronic plc

Neurovascular Devices Market is valued at 2541.7 million USD in 2021 and should reach 4519.5 million USD by 2028 with the CAGR of 8.57% over the forecast period.

Growing prevalence of cardiovascular diseases, increase in geriatric population, and increasing number of technological advancements are some of the major factors driving the growth of the global neurovascular devices market.

A new report titled “Global Neurovascular Devices Professional Report 2022-2028” has been added to our research report repository. The report analyzes and estimates Neurovascular Devices at global, regional and country levels. The report offers data from previous years and in-depth analysis based on revenue.

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The companies are working in the neurovascular device market:

  • MicroPort Scientific Corporation
  • Penumbra, Inc.
  • Stryker Company
  • Terumo Company
  • L. Gore & Associates, Inc.
  • Johnson & Johnson
  • Medtronic plc
  • Abbott Laboratories

Scope of Global Neurovascular Devices Market Report-

Neurovascular devices are used to treat neurological disorders. For example, neurovascular devices include clips, coils, and stents, which are used to treat neurovascular disorders such as brain aneurysms. Neurovascular diseases affect the network of blood vessels around the brain. This leads to incurable conditions like strokes and aneurysms. Neurovascular devices are used to prevent stroke, carotid stenosis, aneurysm embolization and other symptoms. Neurovascular devices are used to perform surgery to treat aneurysms and other cranial blood flow problems.

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Recent Development on Neurovascular Devices Market Overview-

Genesis Medtech collaborated with Penumbra to expand the neurovascular market in China

January 20, 2021; Partnership with the creation of the neurovascular franchise of Genesis Medtech, pending the full acquisition of Hua Medtech. Genesis MedTech Group has agreed to fully acquire Hua MedTech as part of its plans to establish a specialty neurovascular franchise, including Penumbra, Inc., a NYSE-listed global healthcare company focused on innovative therapies. entered into a strategic collaboration, for domestic sales and product production with Penumbra technology for the Chinese market.

Neurovascular Devices Market Segmentation Analysis-

By product

  • Aneurysm coiling and embolization devices
  • Brain Balloon Angioplasty and Stenting Systems
  • Support devices
  • Neurothrombectomy devices

By request

  • Arteriovenous malformations and fistulas
  • Carotid artery stenosis
  • ischemic stroke
  • Brain aneurysm

Per end user

  • Hospitals and surgery centers
  • Research Laboratories & Academic Institutes
  • Ambulatory care centers

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Increased incidence of neurovascular disease, increased cases of brain aneurysms and growth The geriatric population is among the major factors driving the growth of the market

The increasing incidence of neurovascular diseases is one of the major factors driving the growth of the neurovascular devices market. Neurological diseases are disorders of the brain, spine, and the nerves that connect them and supply oxygenated blood. The neurovascular system depends on a constant supply of oxygen and nutrients brought by the arteries and veins. The brain needs a supply of oxygen and nutrients to function, so a malfunction in the system can impair functioning and quickly become fatal. Neurovascular conditions, diseases or disorders include hemorrhagic strokes, ischemic strokes, cerebrovascular diseases, vascular malformations, brain tumors and others.

Regional Analysis-

North America

Europe

  • Germany, France, United Kingdom, Italy, Spain, Sweden, Netherlands, Turkey, Switzerland, Belgium, Rest of Europe

Asia Pacific

  • South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC

Latin America

  • Mexico, Colombia, Brazil, Argentina, Peru, Rest of Latin America

Middle East and Africa

  • Saudi Arabia, United Arab Emirates, Egypt, South Africa, Rest of MEA

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