Market Overview:
The global neurovascular devices market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of neurological disorders, technological advancements in neurovascular devices, and rising demand for minimally invasive procedures. The microcatheters segment is expected to account for the largest share of the global neurovascular devices market in 2018. This segment is also projected to grow at a CAGR of 7.8% from 2018 to 2030. The growth in this segment can be attributed to the increasing use of microcatheters for endovascular procedures and their advantages over other types of catheters such as larger profile and longer sheath length that allows greater navigation through tortuous vessels. In terms of application, hospitals are expected to account for the largest share of the global neurovascular devices market in 2018 followed by clinics and ambulatory surgical units (ASUs).
Product Definition:
Neurovascular devices support devices are used to help keep neurovascular devices in place. They may also include instruments used to help place or remove the device.
Microcatheters:
Microcatheters are small, hollow tubes that are inserted into blood vessels to treat blockages or aneurysms. They can be used in the treatment of a wide range of conditions including stroke, aneurysm and brain tumor.
Microguidewires:
Microguidewires are used in neurovascular devices to deliver a needle-like guidance to the medical device. It is an elongated, hollow tube made up of flexible material that is inserted into the body and guided by a magnetic field. The microguidewires are then used for delivering various medical instruments such as catheters, stents, and guidewires through its tip.
Application Insights:
Based on application, the global neurovascular devices support devices market is segmented into hospitals, clinics and ambulatory surgical units. Hospitals held the largest share in 2017 as a result of factors such as increasing prevalence of chronic diseases and rising geriatric population. Moreover, an increase in number of hospital beds is also expected to drive demand for various equipment over the forecast period.
The clinics segment is anticipated to witness significant growth over the forecast period owing to growing awareness regarding availability of advanced healthcare services at affordable costs coupled with increasing disposable income levels among certain sections of population. A large number has been invested by governments in developing infrastructure including building new hospitals and diagnostic centers that offer state-of-the-art technology along with world class service standards which are expected to propel demand for these products over the coming years.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing prevalence of target diseases, and rising awareness about minimally invasive surgeries. The Asia Pacific is expected to witness lucrative growth over the forecast period due to improving healthcare infrastructure and growing medical tourism in emerging countries such as China, India, Malaysia & Thailand. Moreover, an increase in cardiovascular disease (CVD) cases is also anticipated to boost demand for neurovascular devices support devices during the forecast period.
The Latin American region is expected to grow at a significant rate during the forecast years due its developing economy and increasing healthcare expenditure by government & private sectors.
Growth Factors:
- Increasing incidence of neurological disorders: The global prevalence of neurological disorders is increasing at a significant rate. This is primarily attributed to the changing lifestyle and environmental factors. This, in turn, is expected to drive the demand for neurovascular devices support devices over the forecast period.
- Technological advancements: The neurovascular devices support devices market is witnessing rapid technological advancements, which are resulting in innovative products with enhanced features and capabilities. This is likely to boost the demand for these devices in the coming years.
- Growing awareness about stroke prevention: There has been a growing awareness among people about stroke prevention and its early diagnosis and treatment options in recent years. This is anticipated to fuel the demand for neurovascular devices supportdevices over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Neurovascular Devices Support Devices Market Research Report
By Type
Microcatheters, Microguidewires
By Application
Hospitals, Clinics, Ambulatory Surgical Units
By Companies
Stryker Corporation, Johnson & Johnson, Medtronic, Terumo, Penumbra, Microport Scientific Corporation, Abbott Vascular, W. L. Gore & Associates
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 Neurovascular Devices Support Devices Market Report Segments:
The global Neurovascular Devices Support Devices market is segmented on the basis of:
Types
Microcatheters, Microguidewires
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, Clinics, Ambulatory Surgical Units
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:
- Stryker Corporation
- Johnson & Johnson
- Medtronic
- Terumo
- Penumbra
- Microport Scientific Corporation
- Abbott Vascular
- W. L. Gore & Associates
Highlights of The Neurovascular Devices Support Devices 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:
- Microcatheters
- Microguidewires
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Units
- 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 Devices Support Devices 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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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Neurovascular devices support devices are medical devices that help to maintain or restore blood flow to the brain and other parts of the body. These devices can be used in a variety of ways, including by helping to prevent strokes, reducing the severity of strokes, and helping patients recover from strokes.
Some of the major players in the neurovascular devices support devices market are Stryker Corporation, Johnson & Johnson, Medtronic, Terumo, Penumbra, Microport Scientific Corporation, Abbott Vascular, W. L. Gore & Associates.
The neurovascular devices support devices market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Neurovascular Devices Support Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Neurovascular Devices Support Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Neurovascular Devices Support Devices Market - Supply Chain
4.5. Global Neurovascular Devices Support Devices Market Forecast
4.5.1. Neurovascular Devices Support Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Neurovascular Devices Support Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Neurovascular Devices Support Devices Market Absolute $ Opportunity
5. Global Neurovascular Devices Support Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Neurovascular Devices Support Devices Market Size and Volume Forecast by Type
5.3.1. Microcatheters
5.3.2. Microguidewires
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Neurovascular Devices Support Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Neurovascular Devices Support Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Ambulatory Surgical Units
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Neurovascular Devices Support Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Neurovascular Devices Support Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Neurovascular Devices Support Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Neurovascular Devices Support Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Neurovascular Devices Support Devices Demand Share Forecast, 2019-2026
9. North America Neurovascular Devices Support Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Neurovascular Devices Support Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Neurovascular Devices Support Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Ambulatory Surgical Units
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Neurovascular Devices Support Devices Market Size and Volume Forecast by Type
9.7.1. Microcatheters
9.7.2. Microguidewires
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Neurovascular Devices Support Devices Demand Share Forecast, 2019-2026
10. Latin America Neurovascular Devices Support Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Neurovascular Devices Support Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Neurovascular Devices Support Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Ambulatory Surgical Units
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Neurovascular Devices Support Devices Market Size and Volume Forecast by Type
10.7.1. Microcatheters
10.7.2. Microguidewires
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Neurovascular Devices Support Devices Demand Share Forecast, 2019-2026
11. Europe Neurovascular Devices Support Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Neurovascular Devices Support Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Neurovascular Devices Support Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Ambulatory Surgical Units
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Neurovascular Devices Support Devices Market Size and Volume Forecast by Type
11.7.1. Microcatheters
11.7.2. Microguidewires
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Neurovascular Devices Support Devices Demand Share, 2019-2026
12. Asia Pacific Neurovascular Devices Support Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Neurovascular Devices Support Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Neurovascular Devices Support Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Ambulatory Surgical Units
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Neurovascular Devices Support Devices Market Size and Volume Forecast by Type
12.7.1. Microcatheters
12.7.2. Microguidewires
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Neurovascular Devices Support Devices Demand Share, 2019-2026
13. Middle East & Africa Neurovascular Devices Support Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Neurovascular Devices Support Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Neurovascular Devices Support Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Ambulatory Surgical Units
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Neurovascular Devices Support Devices Market Size and Volume Forecast by Type
13.7.1. Microcatheters
13.7.2. Microguidewires
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Neurovascular Devices Support Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Neurovascular Devices Support Devices Market: Market Share Analysis
14.2. Neurovascular Devices Support Devices Distributors and Customers
14.3. Neurovascular Devices Support Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stryker Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Terumo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Penumbra
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Microport Scientific Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Abbott Vascular
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. W. L. Gore & Associates
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
