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Neurointerventional Devices Market Growth Projection, Cost Structure Analysis, Size Estimation, Key Profile Insights 2028

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Santosh Autade
Neurointerventional Devices Market Growth Projection, Cost Structure Analysis, Size Estimation, Key Profile Insights 2028

The global neurointerventional devices market size was valued at USD 4.56 billion in 2018 and is anticipated to grow at a CAGR of 7.6% during the forecast period. Neurological devices can help diagnose, prevent, and treat a spread of neurological disorders and conditions like Alzheimer’s disease, Parkinson’s disease, major depression, epilepsy, medulla spinalis injury, and traumatic brain injury. Neurological devices are often wont to help restore hearing and sight and supply increased functionality for those with limb loss or congenital limb differences. The kind of neurological devices primarily includes neurointerventional, neuro diagnostics, and neurostimulation devices.

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 https://www.quincemarketinsights.com/industry-analysis/neurointerventional-devices-market/61557

Key Factors Impacting the Growth of Neurointerventional devices Market:

  • Increase incidences of ischemic stroke and brain aneurysm, globally.
  • Rapid rise in the global geriatric population.

 

Competitive Landscape

  • The main manufacturing companies in the market include Johnson & Johnson, Stryker Corporation, Boston Scientific, Terumo Corporation, Karl Storz, Medtronic, Penumbra Inc., BrainLab, Elekta, and Micromar.

 

  • This report also includes the profiles of key neurointerventional devices market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

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Considering the current market scenario, the increasing prevalence of ischaemic stroke and cerebral aneurysms is fueling the worldwide marketplace for neurointerventional devices. The low deathrate during treatment with these devices has led to the widespread popularity of those devices among the neurosurgeons. The rise within the geriatric population is predicted to extend the demand for these devices over subsequent few years. Due to the advanced surgical techniques utilized in neurointerventional devices, neurosurgeons are using these devices more and more. These devices, including catheters and metal coils, are preferred by most of the healthcare professionals.

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