Neurovascular Intervention Devices Global Market - Forecast to 2024

Published by IQ4I on 18th May 2018 | Ref: 1005279 | This Report Is In Stock

$4950 | Single User
$6750 | Site License
$9000 | Enterprise License
$4950 | Single User
$6750 | Site License
$9000 | Enterprise License

Introduction

Neurovascular Intervention devices are used treat intracranial aneurysm, ischemic stroke, arteriovenous malformation, carotid stenosis and other diseases like intracranial stenosis, dural fistula, etc. According to IQ4I analysis, the Neurovascular Intervention devices global market is expected to grow at a high single digit CAGR to reach ,473.2 million by 2024. The increase in incidence and prevalence of neurovascular diseases like intracranial aneurysm, stroke and arteriovenous malformations, increase in aging population, technological advancement, acquisitions and favourable reimbursements are increasing the use of artificial embolization devices, stents, thromobectomy devices and support devices which include microcatheters, embolic protection system and others as an efficient way for treating the neurovascular diseases.

Neurovascular Intervention devices global market is segmented on the basis of products, applications and geography. The products are segmented into artificial embolization devices, stents, thrombectomy devices and support devices. The artificial embolization devices segment accounted the largest share in 2017 and is projected to grow at mid single digit CAGR from 2017 to 2024 due to technological advancements in coils & flow diverter, development of coils for dual application i.e. for intracranial aneurysm and arteriovenous malformation. The artificial embolization devices are sub-segment into coils, liquid embolics, flow diverter and flow disruptor. The coil segment accounted the largest share in 2017 due to development of softest coils and more number of companies producing bare metal coils over coated coils due to its advantages. The liquid embolics segment is fastest growing segment and is projected to grow at a strong CAGR of 8.7% from 2017 to 2024 due to its advantages like presence of effective embolic materials which penetrates small vessels, cohesiveness and non-adherence when compared to glues. The coils are further classified into bare metal coils and coated coils. The bare metal coil segment accounted for the largest share in 2017 and fastest growing segment and is projected to grow at a CAGR of 6.4% from 2017 to 2024 due to increased compatibility, efficacy and cost efficient. The Stents are sub-segmented into intracranial stents and carotid stents. The carotid stents segment accounted the largest share of 74.2% and fastest growing segment in 2017 due to development of self expanding stents. The intracranial stents are sub-segmented into stenosis stent, aneurysm coil stent, neck reconstruction stent and stent graft. The aneurysm coil stents segment accounted the largest share in 2017 and fastest growing segment during forecasting period due to increase intracranial aneurysm procedures. The thrombectomy devices are sub-segmented into stent retrievers and aspiration devices. The stent retriever segment accounted the largest share of 76.3% and fastest growing segment from 2017 to 2024 due to product approvals and expansion in indication of treatment from 6 hrs to 24 hrs. The Support devices are sub-segmented into microcatheters, embolic protection system and others. The microcatheter segment accounted the largest share in 2017.

The applications are segmented into intracranial aneurysm, ischemic stroke, arteriovenous malformation and carotid stenosis & others. Among application, intracranial aneurysm segment accounted for the largest share in 2017 due to the increase in incidence and prevalence of intracranial aneurysm and increase in aging population. The Ischemic stroke segment is fastest growing segment during forecasting period due to increase in product regulatory approvals of thrombectomy devices, increase in ischemic stroke patients and procedures, technological advancement in stent retriever and aspiration devices.

Geography is segmented as North America (U.S. and others), Europe (Germany, U.K., France and Others), Asia-Pacific (Japan, China, India, and Others) and Rest of the World (Brazil, Rest of Latin America and Middle East & others). North America accounts for the highest market share followed by Europe. Favourable reimbursement coverage and increase in incidence and prevalence of neurovascular diseases are the driving factors of Neurovascular Intervention devices market. However, Asian countries especially India and China are the fastest growing nations at strong CAGR of 11.4% from 2017 to 2024 with its growing demand for neurovascular intervention device due to increase in aging population and decreasing the cost of neurovascular products.

The Neurovascular Intervention devices market is a consolidated, highly competitive market and all the existing players in this market are involved in developing new and advanced products to maintain their market shares. Some of the key players of the Neurovascular Intervention device are Stryker Corporation (U.S.), Medtronic Plc (Ireland), Terumo Corporation (Japan), Balt Extrusion (Blockade Medical, LLC) (France), Penumbra, Inc. (U.S.), Johnson & Johnson (U.S.), Acandis GmbH (Germany), Microport Scientific Corporation (China), Phenox GmbH (Germany), Penumbra Inc (U.S.), Abbott Laboratories (U.S.), InspireMD (Israel), Boston Scientific Corporation (U.S.) and Cardinal Health (Cordis Corporation) (U.S.).

The report provides an in-depth market analysis of the above-mentioned segments across the following regions:

• North America

o U.S.

o Others

• Europe

o Germany

o U.K.

o France

o Others

• Asia-Pacific

o Japan

o China

o India

o Others

• Rest of the World (RoW)

o Brazil

o Rest of Latin America

o Middle East & Others

Table of Contents

1 EXECUTIVE SUMMARY 26

2 INTRODUCTION 32

2.1 KEY TAKEAWAYS 32

2.2 REPORT SCOPE 33

2.3 REPORT DESCRIPTION 33

2.4 MARKETS COVERED 35

2.5 STAKEHOLDERS 37

2.6 RESEARCH METHODOLOGY 37

3 MARKET ANALYSIS 46

3.1 INTRODUCTION 46

3.2 MARKET SEGMENTATION 47

3.3 FACTORS INFLUENCING MARKET 49

3.4 REGULATORY AFFAIRS 56

3.5 REIMBURSEMENT SCENARIO 65

3.6 CLINICAL TRIALS 73

3.7 PATENT TRENDS 75

3.8 TECHNOLOGICAL ADVANCEMENTS 77

3.9 PRODUCT APPROVALS 79

3.10 PORTER’S FIVE FORCE ANALYSIS 84

3.11 SUPPLY CHAIN ANALYSIS 88

3.12 MARKET SHARE ANALYSIS BY MAJOR PLAYERS 91

3.13 NEUROVASCULAR INTERVENTION DEVICES NUMBER OF UNITS BY

REGION 104

3.14 NEUROVASCULAR INTERVENTION DEVICES COMPANY COMPARISON

TABLE BY CLASSIFICATION, PRODUCTS AND APPLICATIONS 111

3.15 MARKET PENETRATION OF NEUROVASCULAR INTERVENTION

DEVICE MARKET 120

4 NEUROVASCULAR INTERVENTION DEVICES GLOBAL MARKET,

BY PRODUCT 122

4.1 INTRODUCTION 122

4.2 ARTIFICIAL EMBOLIZATION DEVICES 124

4.3 STENTS 144

4.4 THROMBECTOMY DEVICES 163

4.5 SUPPORT DEVICES 171

5 NEUROVASCULAR INTERVENTION DEVICES GLOBAL MARKET, BY APPLICATION 184

5.1 INTRODUCTION 184

5.2 INTRACRANIAL ANEURYSM 187

5.3 ISCHEMIC STROKE 190

5.4 ARTERIOVENOUS MALFORMATION 193

5.5 CAROTID STENOSIS AND OTHERS 195

6 REGIONAL ANALYSIS 198

6.1 INTRODUCTION 198

6.2 NORTH AMERICA 201

6.3 EUROPE 219

6.4 APAC 241

6.5 ROW 263

7 COMPETITIVE LANDSCAPE 282

7.1 INTRODUCTION 282

7.2 AGREEMENT 283

7.3 APPROVALS 286

7.4 ACQUISITIONS 288

7.5 NEW PRODUCT LAUNCH 291

7.6 OTHER DEVELOPMENTS 292

8 MAJOR COMPANIES 298

8.1 ABBOTT LABORATORIES 298

8.2 ACANDIS GMBH 304

8.3 BALT EXTRUSION 308

8.4 BOSTON SCIENTIFIC CORPORATION 312

8.5 CARDINAL HEALTH INC. (CORDIS CORPORATION) 318

8.6 INSPIREMD, INC. 324

8.7 JOHNSON & JOHNSON 333

8.8 MEDTRONIC, PLC 344

8.9 MICROPORT SCIENTIFIC CORPORATION 354

8.10 PENUMBRA, INC 362

8.11 PHENOX GMBH 369

8.12 STRYKER CORPORATION 373

8.13 TERUMO CORPORATION 382

Additional Details

Publisher

IQ4I

Publisher Information

Reference

1005279 |

Number of Pages

392

Report Format

PDF

Related Reports

Title
Date Published
Price From
Link

Published by HeyReport
01-03-2017

$1,440 USD

This report is published by IQ4I

Download Free Report Summary PDF

Neurovascular Intervention Devices Global Market - Forecast to 2024 | Download PDF Summary

Download our FREE report summary PDF. It contains all the information on these web pages, plus a Proforma Invoice request form, should you need it to satisfy your company's internal order procedures.

Ordering Information

Orders are processed immediately and you will be notified of the despatch date on confirmation of your order.

Accepted Card Types

Payment

Buy now using our secure payment system.