INTERVENTIONAL NEUROLOGY DEVICES MARKET SIZE, SHARE, TRENDS, DEMAND, GROWTH AND COMPETITIVE ANALYSIS

Interventional Neurology Devices Market Size, Share, Trends, Demand, Growth and Competitive Analysis

Interventional Neurology Devices Market Size, Share, Trends, Demand, Growth and Competitive Analysis

Blog Article

Interventional Neurology Devices Market – Industry Trends and Forecast to 2030

Global Interventional Neurology Devices Market, By Product Type (Aneurysm Coiling and Embolization Devices, Cerebral Balloon Angioplasty and Stenting Systems, Support Devices, Neurothrombectomy Devices), Disease Pathology (Ischemic Strokes, Cerebral Aneurysms, Arteriovenous Malformation and Fistulas, Others), Procedure (Embolization, Angioplasty, Neurothrombectomy, Others), End User (Hospitals, Neurology Clinics, Ambulatory Care Centers, Others) – Industry Trends and Forecast to 2030.

Data Bridge Market Research analyses that the global interventional neurology devices market, which was USD 2,725.00 million in 2022, is expected to reach USD 5,429.73 million by 2030, and is expected to undergo a CAGR of 9.0% during the forecast period of 2023 to 2030. “Aneurysm coiling and embolization devices” dominates the product type segment of the global interventional neurology devices market owing to the advancements in technology.

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**Segments**

- By Product Type: The interventional neurology devices market can be segmented by product type into embolic coils, neurovascular stents (carotid, intracranial, and flow diverting), neurovascular thrombectomy devices, intracranial balloon occlusion devices, liquid embolics, and stent retrievers.
- By Procedure: This market can also be segmented by procedure type, including embolization, angioplasty, neurothrombectomy, and others.
- By End User: End users of interventional neurology devices include hospitals, ambulatory surgical centers, and specialty clinics.

**Market Players**

- Medtronic
- Stryker
- Johnson & Johnson
- Terumo Corporation
- Penumbra Inc.
- MicroVention
- Phenox GmbH
- Acandis GmbH
- Medico S.p.A.
- Integer Holdings Corporation

The interventional neurology devices market is experiencing significant growth due to the increasing incidence of neurological disorders and an aging population worldwide. Technological advancements in devices, coupled with the rising demand for minimally invasive procedures, are driving the market forward. The embolic coils segment is expected to witness substantial growth owing to their effectiveness in treating brain aneurysms and other vascular abnormalities. Neurovascular stents are also in high demand, particularly flow diverters, for the treatment of intracranial aneurysms.

In terms of procedures, neurothrombectomy devices are gaining traction for the management of acute ischemic stroke. The growing awareness about the importance of timely intervention in stroke cases is propelling the adoption of these devices. Hospitals remain the largest end users of interventional neurology devices due to their advanced infrastructure and skilled healthcare professionals. However, ambulatory surgical centers and specialty clinics are also increasingly incorporating these devices into their neurology treatment offerings.

Key players in the interventional neurology devices market, such as Medtronic, Stryker, and JohnsonThe interventional neurology devices market is a dynamic and rapidly evolving sector driven by a combination of factors such as increasing incidence of neurological disorders, technological advancements, and shifting trends towards minimally invasive procedures. As key market players fiercely compete for market share, strategies revolving around innovation, strategic partnerships, and expansion of product portfolios play a crucial role in shaping the industry landscape.

Medtronic, a prominent player in the interventional neurology devices market, has been at the forefront of innovation with a focus on developing cutting-edge technologies to address the unmet needs of patients. The company's strong presence across various product segments such as embolic coils, neurovascular stents, and thrombectomy devices has enabled it to cater to a wide range of neurology procedures effectively. By investing heavily in research and development, Medtronic continues to introduce advanced solutions that enhance patient outcomes and improve procedural efficiency.

Stryker, another key player in the interventional neurology devices market, has witnessed significant growth through strategic acquisitions and collaborations. The company's neurovascular division offers a comprehensive portfolio of products including stent retrievers, embolic coils, and thrombectomy devices, catering to the diverse needs of healthcare providers and patients. Stryker's focus on expanding its global footprint and enhancing its product offerings through innovative technologies has positioned it as a leading player in the market.

Johnson & Johnson, a renowned healthcare conglomerate, has a strong presence in the interventional neurology devices market through its subsidiary companies such as DePuy Synthes and Cerenovus. Leveraging its expansive product portfolio and research expertise, Johnson & Johnson continues to introduce novel solutions for neurovascular interventions, including neurothrombectomy devices and embolic coils. By nurturing strategic partnerships and investing in research initiatives, the company remains at the forefront of advancements in interventional neurology.

Terumo Corporation, a global leader in healthcare solutions, has established a significant presence in the interventional neurology devices market through its neurovascular product offerings### Global Interventional Neurology Devices Market Analysis

#### Segments
- **Product Type:** The interventional neurology devices market is divided into various product types, including embolic coils, neurovascular stents, neurovascular thrombectomy devices, intracranial balloon occlusion devices, liquid embolics, and stent retrievers. Among these, neurovascular stents like flow diverters are in high demand for treating intracranial aneurysms.
- **Procedure:** Different procedures like embolization, angioplasty, and neurothrombectomy are significant segments of the interventional neurology devices market. Neurothrombectomy devices, especially, are gaining traction for treating acute ischemic stroke cases effectively.
- **End User:** Hospitals are the primary end users of interventional neurology devices due to their advanced infrastructure. However, ambulatory surgical centers and specialty clinics are also adopting these devices for neurology treatments.

#### Market Players
Key players such as Medtronic, Stryker, and Johnson & Johnson are leading the market with their innovative technologies and comprehensive product portfolios. Medtronic's focus on research and development has enabled it to address unmet patient needs effectively. Stryker's strategic acquisitions and global expansion efforts have positioned it as a prominent player in the market. Johnson & Johnson's diverse product portfolio and research initiatives continue to drive advancements in interventional neurology. Terumo Corporation's neurovascular offerings have cemented its position as a global

 

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Interventional Neurology Devices Market Landscape

Part 04: Global Interventional Neurology Devices Market Sizing

Part 05: Global Interventional Neurology Devices Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Interventional Neurology Devices Key Benefits over Global Competitors:


  • The report provides a qualitative and quantitative analysis of the Interventional Neurology Devices Market trends, forecasts, and market size to determine new opportunities.

  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.

  • Top impacting factors & major investment pockets are highlighted in the research.

  • The major countries in each region are analyzed and their revenue contribution is mentioned.

  • The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients


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