Published on : Nov 23, 2019
Neurovascular embolization devices are generally composed of embolization coils and liquid embolic systems and are used in health sector in treatment of various neurovascular conditions. Increased cases of stroke across the globe have raised demand of neurovascular embolization devices. Low and middle income groups are the major drivers of demand as the stroke incidence rate in these regions is very high.
Treatment of stroke is of paramount importance today as it is estimated to be a major cause of mortality. Moreover, stroke is ranked third in health conditions that cause disability. Global Neurovascular embolization devices market is projected to value ?US$1.2Bn in the year 2018. It is forecasted to grow at ?3% CAGR during the forecast period 2019-2027.
An intelligence report titled, “Neurovascular Embolization Devices (Neurology) Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.
Embolization coil segment leads
Global Neurovascular embolization devices can be segmented into various major products including embolization coils, aneurysm clips, liquid embolic systems and flow diversion stents of which embolization coil segment dominated the global market in year 2018 and is expected to continue its dominance in coming years. Two major treatments compose global Neurovascular embolization devices market that include ischemic solution and hemorrhagic stroke solutions. Rise in cases of medical conditions including brain aneurysms and blood pressure propel the growth of hemorrhagic stroke solutions segment which acquired major shared in 2018.
Global Neurovascular embolization devices market can be geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Cases of neurovascular diseases are on a rise in North America which make it a leading region with leading market share. Various government and non-government funding also boost the market growth in North America.
Major stake holders profiled in global Neurovascular embolization devices market include Stryker Corporation, Boston Scientific Corporation, Penumbra, Inc., and Spartan Micro, Inc.
Global neurovascular embolization devices market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Global neurovascular embolization devices market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global neurovascular embolization devices market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on neurovascular embolization devices.
An insightful and deep-dive assessment of the competitive assessment of the Global neurovascular embolization devices market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global neurovascular embolization devices market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Global neurovascular embolization devices market: Research Methodology
Primary sources and secondary sources propel intelligence report on Global neurovascular embolization devices market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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