Global Neurovascular Devices Market 2018-2023: Rising Incidence of Neurovascular Diseases to Augment Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Global Neurovascular Devices Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
Global neurovascular devices market is projected to witness a CAGR of 6.83% over the forecast period of 2017-2023.
Growth in the market may be attributed to the upsurge in the number of patients suffering from neurovascular diseases and also rising preference of the minimally invasive devices owing to the quick healing time, less complications and short hospital Stays.
Rising Incidence of Neurovascular Diseases to Augment the Market Growth
The increasing population coupled with the rising geriatric population at the risk of neurovascular diseases will boost the market for the neurovascular devices during the given time frame. As per the data by Center for Disease Control and Prevention (US), 7.4 million people suffered from stroke in US.
Unhealthy lifestyle have increased the prevalence of the diseases such as hypertension, obesity, diabetes and high blood cholesterol which have further raised the chances of cerebrovascular disorders, thus, boosting the growth of the neurovascular devices market for the treatment of the disorders.
Advancement in the field of the neurovascular disorder treatment such as the use of embolization for cerebral AVMs and internal carotid artery stenting for intracranial atherosclerotic disease will also bolster the market growth during the forecast period. However, the growth of the market might be restrained due to the high treatment cost and lack of trained professionals.
Asia Pacific to Be a Lucrative Market for Neurovascular Devices
Geographically, North America is estimated to hold the major share in the neurovascular devices market. The major factors driving the growth of the market in the region is the growing and quick adoption of the neurovascular devices coupled with the favourable reimbursement policies. Rising aware among the population regarding neurovascular devices will also boost the market in the region.
Asia-Pacific will present a lucrative opportunity for the neurovascular devices owing to the rising patient base suffering from diseases such as stenosis, AVM, and strokes along with the improving healthcare infrastructure.
Key Topics Covered
2. Research Methodology
3. Key Findings of the Study
4. Market Dynamics
5. Global Neurovascular Devices Market Forecast by Type
6. Global Neurovascular Devices Market Forecast by Application
7. Global Neurovascular Devices Market Forecast by End-User
8. Global Neurovascular Devices Market Forecast by Geography
9. Competitive Intelligence
10. Company ProfilesPenumbra Inc. MicroVention Inc. Stryker Evasc Neurovascular Enterprises Acandis GmbH Memry Corporation Phenox GmbH Spartan Micro Inc. Johnson & Johnson Shape Memory Medical Inc.
For more information about this report visit https://www.researchandmarkets.com/research/z8rlwn/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005410/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Neurology Devices
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/03/2018 06:12 AM/DISC: 12/03/2018 06:12 AM