Market Overview:
The global neurovascular stent retrievers 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 stroke, rising geriatric population, and technological advancements in neurovascular stent retrievers. Based on type, the global neurovascular stent retrievers market is segmented into balloon expanding stents and self-expanding stents. The balloon expanding stents segment is expected to account for a larger share of the global neurovascular stent retrievers market than the self-expanding Stents segment during the forecast period from 2018 to 2030. This can be attributed to their ease of use and lower procedural costs as compared with self-expanding Stents. Based on application, hospitals are expected to account for a larger share of the global Neurovascular Stent Retrievers Market than ambulatory surgical centers duringthe forecast period from2018to2030 .
Product Definition:
A neurovascular stent retriever is a medical device used to remove blood clots from the brain. Neurovascular stent retrievers are important because they can quickly and effectively remove blood clots from the brain, which can save lives.
Balloon Expanding Stents:
Balloon expanding stents are used to treat aneurysms and other neurovascular diseases. The growth factor in this market is the increasing prevalence of a disease that leads to an increase in demand for treatment, which is due to growing geriatric population base. According to the American Society of Nephrology, urological disorders are one of the major causes of morbidity worldwide and account for approximately 8% - 10%of all chronic illnesses prevalent today.
Self-Expanding Stents:
Self-expanding stents are used to retrieve neurovascular stent and expand them after the treatment of an aneurysm. They are also used in the treatment of intracranial tumors, carotid blockage, cerebral arteriovenous malformations (CAVMs), and other disorders related to blood vessels.
Application Insights:
Based on application, the global market is segmented into hospitals, ambulatory surgical centers, and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of vascular diseases and rising geriatric population at hospitals that require neurovascular procedures for treatment. In addition, increasing number of stroke cases due to lack of proper healthcare facilities at rural areas is expected to drive demand over the forecast period.
The others segment includes clinics or imaging centers that perform diagnostic procedures for cerebrovascular conditions or carotid artery stenosis patients referred by primary care physicians or neurologists. Increasing awareness about brain disorders coupled with rising patient visits for checkups has led to an increase in stent retriever devices used at these facilities which are anticipated to fuel growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to factors such as favorable reimbursement policies, increasing prevalence of target diseases, and rising healthcare expenditure.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure, growing patient awareness levels regarding various treatment options available for cardiovascular diseases (CVDs), and an increase in disposable income that would boost demand for technologically advanced products. Moreover, economic development in countries like India & China has led these nations being a potential market place with huge opportunities ahead.
Growth Factors:
- Increasing incidence of stroke: The number of people affected by stroke is increasing at an alarming rate across the globe. This is mainly due to the changing lifestyle and growing population. According to the World Health Organization (WHO), approximately 15 million people suffer from a stroke every year, out of which 5 million die and another 5 million are left permanently disabled. The number of patients requiring neurovascular stent retriever treatment is expected to rise in future, thereby driving the growth of neurovascular stent retrievers market.
- Technological advancements: Neurovascular stent retrievers market is witnessing rapid technological advancements with introduction of new products and devices with enhanced features and capabilities. This is helping healthcare professionals to improve patient outcomes significantly. Moreover, it is also aiding in expanding the application areas for neurovascular stent retrievers devices, thereby propelling the growth of this market segment further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neurovascular Stent Retrievers Market Research Report
By Type
Balloon Expanding Stents, Self-Expanding Stents
By Application
Hospitals, Ambulatory Surgical Centers, Others
By Companies
Nitinol Devices & Components, Stryker, Medtronic, Norman Noble, Resonetics
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Neurovascular Stent Retrievers Market Report Segments:
The global Neurovascular Stent Retrievers market is segmented on the basis of:
Types
Balloon Expanding Stents, Self-Expanding 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:
- Nitinol Devices & Components
- Stryker
- Medtronic
- Norman Noble
- Resonetics
Highlights of The Neurovascular Stent Retrievers 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:
- Balloon Expanding Stents
- Self-Expanding 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 Neurovascular Stent Retrievers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Neurovascular stent retrievers are medical devices that help remove neurovascular stents from the body. Neurovascular stents are small, metal tubes that are inserted into the brain or other large blood vessels to keep them open. Over time, these devices can become lodged in the surrounding tissue and may need to be removed surgically. Neurovascular stent retrievers use a combination of suction and force to remove these devices without damaging surrounding tissue.
Some of the major companies in the neurovascular stent retrievers market are Nitinol Devices & Components, Stryker, Medtronic, Norman Noble, Resonetics.
The neurovascular stent retrievers market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market Size & Forecast, 2018-2028
4.5.1 Neurovascular Stent Retrievers Market Size and Y-o-Y Growth
4.5.2 Neurovascular Stent Retrievers Market Absolute $ Opportunity
Chapter 5 Global Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market Size Forecast by Type
5.2.1 Balloon Expanding Stents
5.2.2 Self-Expanding Stents
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Analysis and Forecast
9.1 Introduction
9.2 North America Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market Size Forecast by Type
9.6.1 Balloon Expanding Stents
9.6.2 Self-Expanding 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 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Analysis and Forecast
10.1 Introduction
10.2 Europe Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market Size Forecast by Type
10.6.1 Balloon Expanding Stents
10.6.2 Self-Expanding 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 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market Size Forecast by Type
11.6.1 Balloon Expanding Stents
11.6.2 Self-Expanding 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 Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Analysis and Forecast
12.1 Introduction
12.2 Latin America Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market Size Forecast by Type
12.6.1 Balloon Expanding Stents
12.6.2 Self-Expanding 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 Neurovascular Stent Retrievers 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) Neurovascular Stent Retrievers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neurovascular Stent Retrievers 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) Neurovascular Stent Retrievers Market Size Forecast by Type
13.6.1 Balloon Expanding Stents
13.6.2 Self-Expanding 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) Neurovascular Stent Retrievers 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 Neurovascular Stent Retrievers Market: Competitive Dashboard
14.2 Global Neurovascular Stent Retrievers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nitinol Devices & Components
14.3.2 Stryker
14.3.3 Medtronic
14.3.4 Norman Noble
14.3.5 Resonetics
