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The Infinium Global Research analyzes the Neurovascular or Interventional Neurology Devices Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global neurovascular or interventional neurology devices market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of neurovascular or interventional neurology devices. 

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the neurovascular or interventional neurology devices market during the period. The global neurovascular or interventional neurology devices market is projected to grow at a CAGR of 8.3% over the forecast period of 2017-2023.

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Neurovascular or interventional neurology is medical subspecialty in radiology, neurosurgery where any disease or damage is treated without a surgery. It involves use of image based technology and procedures in diagnosis and treatment of diseases of head, neck and spine. These type of procedures are called as minimally invasive because they only need a tiny incision instead of larger incision required for open surgery. With the development of catheters, image technology also improved in radiology and neuroradiology units.  Neurovascular or interventional neurology reduces the patient risks and provide quick patient recovery with lesser hospital stays. 

Rising Healthcare Infrastructure, Technical Advancements in Medical Industry and Large Target Patients Drives the Neurovascular or Interventional Neurology Devices Market 

The rising healthcare infrastructure, technical advancements in medical industry and large target patients drives the neurovascular or interventional neurology devices market. Government is also recognizing the benefits offered by neurovascular or interventional neurology’s. The government is promoting the practices used for neurovascular or interventional neurology’s. Lack of skilled neurosurgeons hampers the growth of neurovascular or interventional neurology devices market. Increasing demand for the minimally invasive neurosurgical procedures creates an opportunity for neurovascular or interventional neurology devices market.

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Neurovascular or Interventional Neurology Devices Market: Segmentation

The neurovascular or interventional neurology devices market is segmented on the basis of type and application. Based on type, the market is categorized into cerebral thrombectomy devices, carotid artery stenting system, cerebral aneurysm and AVM endovascular embolization systems, intracranial stent systems and flow diverter for aneurysm. Caotid artery stenting system is anticipated to have larger share in type segment of neurovascular or interventional neurology devices market. There is raising adoption of carotid artery stents by neurosurgeons. Based on application, the neurovascular or interventional neurology devices market is segmented into stroke, cerebral artery stenosis, cerebral aneurysm and others.

North America is Dominant in Neurovascular or Interventional Neurology Devices Market 

Geographically, North America is dominant in neurovascular or interventional neurology devices market. North America has well established healthcare infrastructure. North America region is prompt to adopt new technologies quickly. Asia-Pacific region is also anticipated to grow in neurovascular or interventional neurology devices market. Availability of cheap neurovascular or interventional devices and huge population are driving the growth of neurovascular or interventional neurology devices market in Asia- Pacific region.

Neurovascular or Interventional Neurology Devices Market: Competitive Analysis

The leading players neurovascular or interventional neurology devices market in  are Stryker Corporation, Medtronic plc, Johnson & Johnson, Terumo Corporation, Penumbra, Inc., Boston Scientific Corporation, Abbott Laboratories, Merit Medical Systems, Inc., Microport Scientific Corporation and Stryker.Stryker has acquired 44 organizations. Their most recent acquisition was OrthoSpace on Mar 3, 2019. They acquired OrthoSpace for $220M.

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