AP NEWS

Global Neurovascular Devices Market 2018-2023: Rising Incidence of Neurovascular Diseases to Augment Growth - ResearchAndMarkets.com

December 3, 2018

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

1. Introduction

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 Profiles

Penumbra 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/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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

KEYWORD:

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

http://www.businesswire.com/news/home/20181203005410/en

AP RADIO
Update hourly