Global Interventional Neurology Devices Market 2017-2021

This industry research report identifies Abbott, DePuy Synthes, Medtronic, Stryker, and TERUMO and as the key vendors in the global interventional neurology devices market. This industry research report also presents a comprehensive analysis of the market by product (carotid stents, microcatheters, neurothrombectomy devices, flow diversion devices, and embolic coils), by application (ischemic strokes, cerebral aneurysm, and intracranial atherosclerotic disease (ICAD)), by end user (hospitals and ASCs), and by geography (the Americas, APAC, and EMEA).

Overview of the global interventional neurology devices market

Research analysis on the global interventional neurology devices market identifies that the increase in favorable reimbursement policies will be one of the major factors that will have a positive impact on the growth of the market. The change in reimbursement policies will have a positive impact on the market and will drive sales of interventional neurology devices. The growing demand from developing countries of Asia and increasing spending capacity has boosted the market for interventional neurology devices market. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 7% by 2021.

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Interventional neurology devices market trends

The increasing funding for R&D in the market will be one of the latest trends that will gain traction in the interventional neurology devices market during the next four years. The increasing funding by the government into R&D projects and collaboration of government and non-government agencies will boost the market growth. The initiatives taken by these agencies are providing opportunities for manufacturers to develop technologically advanced devices for the early diagnosis of injuries related to brain disorders, such initiatives by manufacturers will propel the market growth.

Interventional neurology devices market growth: Competitive landscape and key vendors

Owing to the presence of large global vendors, this market appears to be highly fragmented. The factors such as the rising incidences of stroke, the presence of favorable reimbursement plans, and the increasing demand for minimally invasive surgeries will provide growth opportunitites for vendors in this marketspace. The players in the market are also investing in R&D to develop innovative products.

The leading vendors in the Interventional neurology devices market

• Abbott
• DePuy Synthes
• Medtronic
• Stryker
• TERUMO

Interventional neurology devices market segmentation by end user

• Hospitals
• ASCs

During 2016, hospitals segment accounted for the major shares for this market. The segment comprises of technologically advanced devices which attract patient to go to hospitals. The adoption of programs and policies which encourage adherence to infection control standards. Interventional neurology procedures are mainly performed using the least invasive techniques, such advantages will prole the market growth.

Interventional neurology devices market growth as per geographical segmentation

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market till 2021. The increasing adoption of technologically advanced devices and growing awareness among people will drive the market growth. Additionally, the increasing patient pool in the region will also fuel the market growth.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global interventional neurology devices market?
• What are the key market trends impacting the growth of the global interventional neurology devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global interventional neurology devices market?
• What are the market opportunities and threats faced by the vendors in the global interventional neurology devices market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global interventional neurology devices market?

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