Report Detail
Global Interventional Neurology Devices Market Report 2018-2029
- RnM4552949 |
- 22 August, 2023 |
- Global |
- 143 Pages |
- HJResearch |
- Other
This market analysis article provides insights into the Interventional Neurology Devices industry, including its definition, applications, current industry status, and future prospects. Interventional Neurology Devices refer to a range of medical devices designed for minimally invasive procedures in the field of neurology. These devices assist healthcare professionals in diagnosing and treating various conditions related to the central nervous system, such as arteriovenous malformation and fistulas, cerebral aneurysms, ischemic strokes, and intracranial atherosclerotic disease. The global market size for Interventional Neurology Devices is projected to reach US$2093 million in 2022, with a compound annual growth rate (CAGR) of 9.71%. Key global manufacturers in this industry include Abbott, DePuy Synthes, Medtronic, Stryker, Terumo, Acandis, Bayer, Boston Scientific, Biosensors International, evonos, Merit Medical Systems, MicroPort Scientific, Neurosign, Penumbra, Spiegelberg, and Surtex Instruments.
Definition and Use of Interventional Neurology Devices:
Interventional Neurology Devices encompass a wide range of medical tools and instruments used in minimally invasive procedures within the field of neurology. These devices are primarily employed by neurosurgeons, interventional radiologists, and other healthcare professionals to diagnose and treat conditions affecting the central nervous system. The key applications of Interventional Neurology Devices include:
Arteriovenous Malformation and Fistulas: These devices enable precise diagnosis and treatment of abnormal connections between arteries and veins in the brain, allowing for improved management and restoration of normal blood flow.
Cerebral Aneurysms: Interventional Neurology Devices assist in the diagnosis, monitoring, and treatment of weakened blood vessel wall bulges in the brain to prevent rupture and potential hemorrhage.
Ischemic Strokes: These devices aid in the retrieval or dissolution of blood clots that cause ischemic strokes, minimizing the extent of brain damage and improving patient outcomes.
Intracranial Atherosclerotic Disease: Interventional Neurology Devices provide therapeutic options for treating the narrowing or blockage of blood vessels in the brain due to atherosclerosis, reducing the risk of stroke and related complications.
Industry Status:
The Interventional Neurology Devices industry is experiencing substantial growth and holds a positive industry outlook. The market size is expected to reach US$2093 million globally in 2022, with a CAGR of 9.71%. Several factors contribute to the industry's growth:
Increasing Prevalence of Neurological Disorders: The rising incidence of conditions such as aneurysms, strokes, and arteriovenous malformations has resulted in a greater demand for specialized Interventional Neurology Devices to diagnose and treat these disorders effectively.
Advancements in Technology: Continuous developments in imaging technologies, robotics, and material sciences have led to the introduction of advanced Interventional Neurology Devices with improved precision, safety, and effectiveness.
Minimally Invasive Procedures: The preference for minimally invasive procedures over traditional open surgeries has increased, driven by reduced patient trauma, shorter recovery times, and lower healthcare costs. Interventional Neurology Devices play a significant role in enabling less invasive interventions within the field of neurology.
Aging Population: The growing elderly population worldwide is prone to neurovascular diseases, necessitating increased adoption of Interventional Neurology Devices for accurate diagnosis and targeted treatment.
Prospects:
The future prospects for the Interventional Neurology Devices industry remain promising, driven by several key factors:
Technological Advancements: Ongoing advancements in imaging techniques, robotics, and materials will further enhance the capabilities of Interventional Neurology Devices, allowing for more precise and less invasive procedures.
Increasing Awareness and Diagnosis: Greater public awareness of neurological conditions, coupled with advancements in diagnostic techniques, is expected to drive early detection and diagnosis, resulting in the increased adoption of Interventional Neurology Devices.
Emerging Markets: Emerging economies, particularly in Asia-Pacific and Latin America, are witnessing substantial growth in healthcare infrastructure and a rise in neurovascular diseases. This presents opportunities for Interventional Neurology Device manufacturers to expand their market presence in these regions.
Research and Development: Continued investments in research and development will lead to the introduction of innovative Interventional Neurology Devices, catering to the evolving needs of healthcare professionals and improving patient outcomes.
Conclusion:
The Interventional Neurology Devices industry plays a vital role in the diagnosis and treatment of various neurological conditions, using minimally invasive procedures to improve patient outcomes. With a projected market size of US$2093 million in 2022 and a CAGR of 9.71%, this industry showcases robust growth. Interventional Neurology Devices find applications in the management of conditions such as arteriovenous malformation and fistulas, cerebral aneurysms, ischemic strokes, and intracranial atherosclerotic disease. Key global manufacturers, including Abbott, DePuy Synthes, Medtronic, Stryker, Terumo, and others, contribute to the industry's growth through technological advancements and innovative product offerings. The industry's prospects remain promising, driven by increasing prevalence of neurological disorders, technological advancements, rising demand from emerging markets, and ongoing research and development efforts.
The SWOT analysis of the Interventional Neurology Devices industry is as follows:
Strengths:
Technological Advancements: The industry benefits from continuous advancements in imaging technologies, robotics, and material sciences, enabling more precise and effective interventions.
Minimally Invasive Procedures: Interventional Neurology Devices offer less invasive alternatives to traditional open surgeries, leading to reduced patient trauma, shorter recovery times, and lower healthcare costs.
Increasing Demand: The rising prevalence of neurological disorders, such as aneurysms and strokes, drives the demand for Interventional Neurology Devices, ensuring a steady market growth.
Established Manufacturers: Key global manufacturers have established a strong presence in the market, offering a wide range of innovative devices and driving competition and product development.
Weaknesses:
Cost Constraints: Some advanced Interventional Neurology Devices may be expensive, limiting accessibility and adoption in certain healthcare systems.
Skill Requirements: The use of these devices requires highly skilled professionals with specialized training, which can create a barrier to entry for inexperienced practitioners.
Regulatory Challenges: Compliance with stringent regulatory standards and obtaining necessary certifications for new devices can be time-consuming and costly.
Opportunities:
Emerging Markets: The industry has opportunities for expansion in emerging markets, particularly in Asia-Pacific and Latin America, where healthcare infrastructure is growing, and neurovascular diseases are on the rise.
Increasing Research and Development: Continued investments in research and development can lead to the introduction of innovative technologies and devices, further improving patient outcomes and expanding market reach.
Threats:
Competitive Landscape: The industry faces strong competition from established players as well as new entrants, which can impact market share and profitability.
Alternative Treatment Options: Other treatment options, such as medication or traditional surgeries, may pose a threat to the adoption of Interventional Neurology Devices in certain cases.
Stringent Regulatory Environment: Changing regulations and compliance requirements can pose challenges to manufacturers, impacting product development timelines and market entry.
Key players in global Interventional Neurology Devices market include:
Abbott
DePuy Synthes
Medtronic
Stryker
Terumo
Acandis
Bayer
Boston Scientific
Biosensors International
evonos
Merit Medical Systems
MicroPort Scientific
Neurosign
Penumbra
Spiegelberg
Surtex Instruments
Market segmentation, by product types:
Carotid Artery Angioplasty and Stenting
Carotid Artery Stents
Embolic Protection Systems
Balloon Occlusion Devices
Aneurysm Coiling and Embolization Devices
Flow Diversion Devices
Liquid Embolic Devices
Embolic coils
Micr-Support Devices
Microcatheters
Market segmentation, by applications:
Arteriovenous Malformation and Fistulas
Cerebral Aneurysms
Schemic Strokes
Intracranial Atherosclerotic Disease
1 Industry Overview of Interventional Neurology Devices
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Interventional Neurology Devices
- 1.3 Market Segmentation by End Users of Interventional Neurology Devices
- 1.4 Market Dynamics Analysis of Interventional Neurology Devices
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Interventional Neurology Devices Industry
- 2.1 Abbott
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 DePuy Synthes
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Medtronic
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Stryker
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Terumo
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Acandis
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Bayer
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Boston Scientific
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Biosensors International
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 evonos
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
- 2.11 Merit Medical Systems
- 2.11.1 Company Overview
- 2.11.2 Main Products and Specifications
- 2.11.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.11.4 Contact Information
- 2.12 MicroPort Scientific
- 2.12.1 Company Overview
- 2.12.2 Main Products and Specifications
- 2.12.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.12.4 Contact Information
- 2.13 Neurosign
- 2.13.1 Company Overview
- 2.13.2 Main Products and Specifications
- 2.13.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.13.4 Contact Information
- 2.14 Penumbra
- 2.14.1 Company Overview
- 2.14.2 Main Products and Specifications
- 2.14.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.14.4 Contact Information
- 2.15 Spiegelberg
- 2.15.1 Company Overview
- 2.15.2 Main Products and Specifications
- 2.15.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.15.4 Contact Information
- 2.16 Surtex Instruments
- 2.16.1 Company Overview
- 2.16.2 Main Products and Specifications
- 2.16.3 Interventional Neurology Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.16.4 Contact Information
3 Global Interventional Neurology Devices Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Interventional Neurology Devices by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Interventional Neurology Devices by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Interventional Neurology Devices by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Interventional Neurology Devices by End Users (2018-2023)
- 3.5 Selling Price Analysis of Interventional Neurology Devices by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Interventional Neurology Devices Market Analysis by Countries, Types and End Users
- 4.1 Northern America Interventional Neurology Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Interventional Neurology Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Interventional Neurology Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Interventional Neurology Devices Market Analysis by Countries, Types and End Users
- 5.1 Europe Interventional Neurology Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Interventional Neurology Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Interventional Neurology Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Interventional Neurology Devices Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Interventional Neurology Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Interventional Neurology Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Interventional Neurology Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Interventional Neurology Devices Market Analysis by Countries, Types and End Users
- 7.1 Latin America Interventional Neurology Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Interventional Neurology Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Interventional Neurology Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Interventional Neurology Devices Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Interventional Neurology Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Interventional Neurology Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Interventional Neurology Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Interventional Neurology Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Interventional Neurology Devices Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Interventional Neurology Devices by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Interventional Neurology Devices by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Interventional Neurology Devices by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Interventional Neurology Devices by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Interventional Neurology Devices
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Interventional Neurology Devices
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Interventional Neurology Devices
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Interventional Neurology Devices
- 11.2 Downstream Major Consumers Analysis of Interventional Neurology Devices
- 11.3 Major Suppliers of Interventional Neurology Devices with Contact Information
- 11.4 Supply Chain Relationship Analysis of Interventional Neurology Devices
12 Interventional Neurology Devices New Project Investment Feasibility Analysis
- 12.1 Interventional Neurology Devices New Project SWOT Analysis
- 12.2 Interventional Neurology Devices New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Interventional Neurology Devices Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Interventional Neurology Devices. Industry analysis & Market Report on Interventional Neurology Devices is a syndicated market report, published as Global Interventional Neurology Devices Market Report 2018-2029. It is complete Research Study and Industry Analysis of Interventional Neurology Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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