neurovascular devices market 2023
Asia-Pacific is expected to exhibit fastest growth rate, owing to surge in awareness related to use of neurovascular devices.
PORTLAND, OREGON, UNITED STATES, May 22, 2023 /EINPresswire.com/ — Allied Market Research published a report, titled, “๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ (๐๐ฆ๐๐จ๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ฏ๐ข๐๐๐ฌ, ๐๐๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ฏ๐ข๐๐๐ฌ, ๐๐ฆ๐๐จ๐ฅ๐ข๐ ๐๐ซ๐จ๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ฏ๐ข๐๐๐ฌ, ๐๐ง๐ ๐๐๐๐๐ฌ๐ฌ๐จ๐ซ๐ฒ ๐๐๐ฏ๐ข๐๐๐ฌ), ๐๐ข๐ฌ๐๐๐ฌ๐ ๐๐๐ญ๐ก๐จ๐ฅ๐จ๐ ๐ฒ (๐๐ง๐๐ฎ๐ซ๐ฒ๐ฌ๐ฆ, ๐๐ซ๐ญ๐๐ซ๐ข๐จ๐ฏ๐๐ง๐จ๐ฎ๐ฌ ๐๐๐ฅ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง (๐๐๐), ๐๐ฌ๐๐ก๐๐ฆ๐ข๐ ๐๐ญ๐ซ๐จ๐ค๐, ๐๐ญ๐๐ง๐จ๐ฌ๐ข๐ฌ, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ): ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ, ๐๐๐๐โ๐๐๐๐.” According to the report, the global neurovascular devices industry was estimated at USD 2.9 billion in 2019, and is Projected to hit USD 3.7 billion by 2027, registering a CAGR of 5.2% from 2020 to 2027.
The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
Surge in geriatric population across the globe, increase in prevalence of neurovascular diseases, and technological advancements related to neurovascular devices fuel the growth of the global neurovascular devices market. On the other hand, high cost of neurovascular devices and lack of expert neurosurgeons across the globe impede the growth to some extent. Nevertheless, several opportunities in emerging markets have proven to be beneficial for the key players in the industry.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/2278
๐๐จ๐ฉ ๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:-
โข Medtronic
โข Stryker Corporation
โข Johnson & Johnson (Codman Neuro)
โข Terumo Corporation
โข MicroPort Scientific Corporation
โข Penumbra Inc.
โข Balt Extrusion
โข Medikit Co., Ltd.
โข Integer Holdings Corporation
โข Acandis GmbH
๐๐๐ฎ๐ซ๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:-
Based on Product, the embolization devices segment accounted for more than two-fifths of the global neurovascular devices market revenue in 2019 and is expected to rule the roost by the end of 2027, due to rise in the incidence of neurovascular diseases, which require use of embolization devices. The revascularization devices segment, on the other hand, would register the fastest CAGR of 6.9% throughout the forecast period. Rise in prevalence of cerebral stenosis and brain aneurysm fuels the segment growth.
Based on Disease Pathology, the aneurysm segment contributed to nearly half of the global neurovascular devices market share in 2019 and is anticipated to lead the trail by 2027. This is due to surge in prevalence of this medical condition and rise in launch of new devices used in the treatment of aneurysm. At the same time, the ischemic stroke segment would portray the fastest CAGR of 7.4% till 2027, owing to surge in prevalence of ischemic stroke.
Based on Geography, North America garnered the highest share in 2019, generating more than one-third of the global neurovascular devices market. This is due to easy availability of neurovascular devices and rise in geriatric population in the region. Simultaneously, Asia-Pacific would manifest the fastest CAGR of 7.1% during the study period, owing to factors such as surge in adoption of neurovascular devices and rise in healthcare expenditure among individuals.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/2278
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Contact Details:
David Correa
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[email protected]
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of โMarket Research Reportsโ and โBusiness Intelligence Solutions.โ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
David Correa
Allied Analytics LLP
+ + 1-800-792-5285
email us here
