Neurovascular Devices Market : Overview, Global Market Status, Driving Factor Analysis, Competition Status, Sales

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Neurovascular Devices Market
Report Code TIPHE100000781  No. of
Pages 222  Category Medical Device  Status Pu
blished
Neurovascular Devices Market to 2027 - Global
Analysis and Forecasts by Product
(Neurothrombectomy Devices, Aneurysm Coiling
Embolization Devices, Cerebral Balloon
Angioplasty Stenting Systems and Support
Devices), Application (Cerebral Aneurysms,
Ischemic Strokes, Arteriovenous Malformation
Fistulas and Other Applications) and End User
(Hospitals, Ambulatory Surgical Centers and
Specialized Clinics) and Geography
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Neurovascular Devices Market
Report Code TIPHE100000781  No. of
Pages 222  Category Medical Device  Status Pu
blished
Introduction Neurological diseases are the
disorders of the brain, spine and the nerves that
connect them and supplies oxygenated blood. The
neurovascular systems is highly dependent on the
continuous supply of oxygen and nutrients which
is been supplied by the arteries and veins. The
supply of oxygen and nutrients to the brain is
essential for its working, therefore a defect in
the system can impair the function and it may
quickly become a life threatening factor. The
neurovascular condition, diseases or disorders
includes, ischemic stroke, hemorrhage stroke,
brain aneurysm, vascular malformation, brain
tumors and others. The lifestyle habits, genetic
disorders, related chronic diseases may cause
development of the neurovascular diseases. During
recent years, the prevalence of neurological
disorders have increased significantly. For
instance, cerebral aneurysm is one of the
neurovascular diseases that is rising
significantly across the world.
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Neurovascular Devices Market
Report Code TIPHE100000781  No. of
Pages 222  Category Medical Device  Status Pu
blished
The healthcare industry has been witnessing rapid
transformations during the previous years.
Various technological advancements have been
witnessed in the industry such as, use of stem
cell therapy, smart brain prosthetics as well as
transcranial MRI-guided focused ultrasound.
Countries across the globe have been preferring
advanced technologies in healthcare. With a need
for better healthcare facilities,
Technology-Enabled Care (TEC) solutions are being
preferred to in the healthcare systems in the
emerging economies. The increase in ageing
population, incidences of chronic illnesses and
pediatric care are the primary factors driving
the growth of healthcare sector. Various
established players in the industry have been
investing significant amount of their revenue in
research and development activities for the
development of better and advanced products and
technologies to be used in the healthcare
industry. Also, the availability of reimbursement
for various medical procedures are expected to
fuel the growth of the industry in the coming
years. There has been a significant increase in
the healthcare expenditure during the previous
years. As per World Bank, Healthcare expenditure
accounts for 9.94 of global GDP.
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Neurovascular Devices Market
Report Code TIPHE100000781  No. of
Pages 222  Category Medical Device  Status Pu
blished
The global neurovascular devices market by
application segments was led by ischemic strokes
segment. In 2018, the ischemic strokes segment
held a largest market share of the neurovascular
devices market, by application. The ischemic
strokes segment is expected to be the fastest
growing segments of the market in 2027 owing to
rise in the aging population. Increase in the
incidences of cardiovascular diseases is expected
to become the major factor for the growth of the
neurovascular devices market. Organic and
inorganic growth strategies were observed in
global neurovascular devices industry. The
organic strategies were conducted more compared
to the inorganic strategies for the neurovascular
devices. For instance, in July, 2019, Penumbra
Inc. has launched its JET 7 Reperfusion Catheter
which has been incorporated with the XTRA FLEX
Technology. The product is considered to be
useful for physicians to extract thrombus in
acute ischemic stroke patients. Thus, the organic
strategy has enabled the company to grow its
business in the market.
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5
Neurovascular Devices Market
Report Code TIPHE100000781  No. of
Pages 222  Category Medical Device  Status Pu
blished

• The List of Companies
• Medtronic plc
• Stryker Corporation
• Johnson Johnson Services, Inc.
• Acandis GmbH Co. KG.
• MicroPort Scientific Corporation
• Terumo Corporation
• Penumbra, Inc.
• phenox GMBH
• Integer Holdings Corporation
• Memry Corporation

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