Market Overview:
The global metal neurovascular stent market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of neurological disorders, rising geriatric population, and technological advancements in neurovascular stents. Based on type, the global metal neurovascular stent market is segmented into carotid artery stents and intracranial stents. Carotid artery stenosis is a common condition that leads to stroke and other serious health problems. Intracranial aneurysms are also a major cause of death and disability worldwide. Hence, there is a growing demand for carotid artery stents and intracranial stents for the treatment of these conditions. Based on application, the global metal neurovascular stent market is segmented into hospitals, ambulatory surgical centers (ASCs), and others (research institutes & academic medical centers). Hospitals are expected to account for the largest share of this market in 2018 owing to their large patient base and better infrastructure facilities compared with ASCs or other end-users.
Product Definition:
A metal neurovascular stent is a small tube made of metal that is inserted into an artery to keep it open. The stent helps improve blood flow to the brain and can prevent or delay the onset of stroke.
Carotid artery stents:
Carotid artery stents are used to treat aneurysms, which is a bulging or ballooning in the carotid artery. The stent is placed by the doctor and it helps to keep the blood flow in the normal path. It’s a minimally invasive procedure and it allows immediate reopening of clinic with no restrictions for patient after treatment.
Intracranial stents:
Intracranial stents are used to treat aneurysms and arteriovenous malformations. The intracranial stent is a device that is inserted into the brain via the craniotomy to reach the site of bleeding in case of aneurysm or AVM. It helps in decreasing or preventing blood flow out from brain tissues by creating a physical barrier between affected part and normal part of the vessel, thereby reducing or eliminating cerebral hemorrhage.
Application Insights:
Based on application, the market is segmented into hospitals, ambulatory surgical centers, and others. The others segment includes research institutes and industrial sites. Metal neurovascular stents are widely used in intracranial artery diseases as they provide protection to brain tissue against shearing forces caused by blood vessel spasm or other forms of acute trauma to the skull base. This has led to an increase in demand for such devices at outpatient facilities and ambulatory surgical centers across the globe.
The hospital application segment accounted for a major share of over 60% in 2017 owing to increasing prevalence of conditions such as stroke, embolic stroke, brain arteriovenous malformations (AVM), subarachnoid hemorrhage (SAH), primary open-angle glaucoma (POAG) among other associated risks that may lead to permanent neurological impairment or death if untreated.
Regional Analysis:
North America dominated the global metal neurovascular stent market in 2016 with a revenue share of over 40%. The growth can be attributed to factors such as favorable reimbursement policies, increasing prevalence of stroke and TIA, rising awareness about brain aneurysm detection & treatment options, and presence of well-established healthcare facilities. Moreover, growing number of clinical trials for new generation products is expected to drive the regional market during the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to presence of unmet medical needs coupled with rapidly improving healthcare infrastructure in this region. In addition, huge target population base along with high incidence rateof stroke and TIA are also driving regional market growth.
Growth Factors:
- Increasing incidence of neurological disorders: The metal neurovascular stent market is expected to grow owing to the increasing incidence of neurological disorders such as stroke, aneurysm, and arteriovenous malformations (AVMs). According to the World Health Organization (WHO), every year around 15 million people suffer a stroke, out of which 5 million die and another 5 million are left permanently disabled.
- Growing demand for minimally invasive procedures: The metal neurovascular stent market is also expected to benefit from the growing demand for minimally invasive procedures. These devices offer several advantages over traditional open surgery such as shorter hospital stay, reduced pain and blood loss, and faster recovery time.
- Technological advancements: Metal neurovascular stents are constantly evolving with technological advancements that aim at improving their safety profile and efficacy. For instance, recent innovations include drug-eluting stents that release drugs locally into the artery wall to prevent restenosis or re-clogging of the vessel after implantation. This helps reduce complications associated with traditional bare-metal stents such as thrombosis or blood clotting formation on the device surface.
- Rising geriatric population: The metal neurovascular stent market is also likely to benefit from rising geriatric population across the globe who are more susceptible to developing neurological disorders than younger individuals due to age-related changes in brain structure and function . In fact, according to a
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Neurovascular Stent Market Research Report
By Type
Carotid artery stents, Intracranial stents
By Application
Hospitals, Ambulatory Surgical Centers, Others
By Companies
Abbott Laboratories, Gore Medical, Terumo Medical, Johnson & Johnson, Medtronic, Acandis, Stryker, MicroPort Scientific, Cordis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Metal Neurovascular Stent Market Report Segments:
The global Metal Neurovascular Stent market is segmented on the basis of:
Types
Carotid artery stents, Intracranial stents
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott Laboratories
- Gore Medical
- Terumo Medical
- Johnson & Johnson
- Medtronic
- Acandis
- Stryker
- MicroPort Scientific
- Cordis
Highlights of The Metal Neurovascular Stent Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carotid artery stents
- Intracranial stents
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Metal Neurovascular Stent Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A metal neurovascular stent is a medical device that is inserted into an artery to help keep it open. Metal neurovascular stents are made of a metal alloy and are placed in the artery using a catheter. The metal alloy helps to prevent the artery from closing, which can reduce the risk of stroke or heart attack.
Some of the major players in the metal neurovascular stent market are Abbott Laboratories, Gore Medical, Terumo Medical, Johnson & Johnson, Medtronic, Acandis, Stryker, MicroPort Scientific, Cordis.
The metal neurovascular stent market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Neurovascular Stent Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Metal Neurovascular Stent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Neurovascular Stent Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Metal Neurovascular Stent Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Metal Neurovascular Stent Market Size & Forecast, 2018-2028
4.5.1 Metal Neurovascular Stent Market Size and Y-o-Y Growth
4.5.2 Metal Neurovascular Stent Market Absolute $ Opportunity
Chapter 5 Global Metal Neurovascular Stent Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Metal Neurovascular Stent Market Size Forecast by Type
5.2.1 Carotid artery stents
5.2.2 Intracranial stents
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Neurovascular Stent Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Metal Neurovascular Stent Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Neurovascular Stent Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Metal Neurovascular Stent Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Metal Neurovascular Stent Analysis and Forecast
9.1 Introduction
9.2 North America Metal Neurovascular Stent Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Metal Neurovascular Stent Market Size Forecast by Type
9.6.1 Carotid artery stents
9.6.2 Intracranial stents
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Metal Neurovascular Stent Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Metal Neurovascular Stent Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Neurovascular Stent Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Metal Neurovascular Stent Market Size Forecast by Type
10.6.1 Carotid artery stents
10.6.2 Intracranial stents
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Metal Neurovascular Stent Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Metal Neurovascular Stent Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Neurovascular Stent Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Metal Neurovascular Stent Market Size Forecast by Type
11.6.1 Carotid artery stents
11.6.2 Intracranial stents
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Metal Neurovascular Stent Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Metal Neurovascular Stent Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Neurovascular Stent Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Metal Neurovascular Stent Market Size Forecast by Type
12.6.1 Carotid artery stents
12.6.2 Intracranial stents
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Metal Neurovascular Stent Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Metal Neurovascular Stent Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Neurovascular Stent Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Metal Neurovascular Stent Market Size Forecast by Type
13.6.1 Carotid artery stents
13.6.2 Intracranial stents
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Metal Neurovascular Stent Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Metal Neurovascular Stent Market: Competitive Dashboard
14.2 Global Metal Neurovascular Stent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott Laboratories
14.3.2 Gore Medical
14.3.3 Terumo Medical
14.3.4 Johnson & Johnson
14.3.5 Medtronic
14.3.6 Acandis
14.3.7 Stryker
14.3.8 MicroPort Scientific
14.3.9 Cordis
