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The interventional neurology devices market is expected to witness market growth at a rate of 15.1% in the forecast period of 2022 to 2029. Data Bridge Market Research report on interventional neurology devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the aviation sector is escalating the growth of interventional neurology devices market.
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The prevalence of neurological disorders such as Alzheimer's disease, cerebrovascular diseases such as stroke, migraine, and other headache disorders is increasing, resulting in greater demand for the product and boosting the growth of interventional neurology devices. Large target patient populations, high stress levels in young people and head injuries, and increasing market demand for effective neurovascular devices are the primary factors driving the target market's growth. Furthermore, rapid geriatric population growth, ongoing product development and commercialization, expansion of healthcare infrastructure across emerging markets, and favourable medical reimbursements are the major drivers that will enhance the growth of interventional neurology devices market.
Asia-Pacific Interventional Neurology Devices Market Scope and Market Size
The interventional neurology devices market is segmented on the basis of product type, disease pathology, procedure and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· Based on product type, the interventional neurology devices market is segmented into aneurysm coiling and embolization devices, cerebral balloon angioplasty and stenting systems, support devices and neurothrombectomy devices. Aneurysm coiling and embolization devices segment is further sub-segmented into embolic coils, flow diversion devices and liquid embolic agents. Embolic coils are divided into bare detachable coils and coated detachable coils. Cerebral balloon angioplasty and stenting systems segment is further sub-segmented into carotid artery stents and embolic protection systems. Embolic protection systems are divided into distal filter devices and balloon occlusion devices. Support devices segment is further sub-segmented into micro guidewires and microcatheters. Neurothrombectomy devices segment is further sub-segmented into CLOT retrieval devices, suction and aspiration devices and snares.
· On the basis of disease pathology, the interventional neurology devices market is segmented into ischemic strokes, cerebral aneurysms, arteriovenous malformation and fistulas and others.
· On the basis of procedure, the interventional neurology devices market is segmented into embolization, angioplasty, neurothrombectomy and others.
· Based on end user, the interventional neurology devices market is segmented into hospitals, neurology clinics, ambulatory care centers and others.
Some of the major players operating in the interventional neurology devices market are Johnson & Johnson Private Limited, Abbott, Boston Scientific Corporation, Stryker, Medtronic, Terumo Corporation, Penumbra, Inc., MicroPort Scientific Corporation, Merit Medical Systems, W.L. Gore & Associates, Inc., B. Braun Melsungen AG, UreSil, LLC, Medikit co., ltd., Bayer AG, Acandis GmbH, Biosensors International Group, Ltd., Medical Devices Business Services, Inc., Surtex Instruments Limited, Cook, LivaNova PLC, and Integra LifeSciences, among others.
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The country section of the interventional neurology devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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