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18-Jul-2019

Neurovascular Embolectomy Device Market Will Grow 17% to a Record $ 1.9 Billion by 2025

The Global Neurovascular Embolectomy Device Market Size is anticipated to around USD 1.9 billion by 2026, this market is anticipated to grow with 17% CAGR during the forecast time period 2019 to 2026.

Escalating cases of stroke with changing lifestyle and environmental calamities have boosted the demand for neurovascular embolectomy devices. Neurovascular embolectomy device market is driven by increasing cases of strokes, innovation and product development, international trade, and increasing consumer awareness for strokes across the globe. Superior healthcare treatment with better devices that offer improved success rates increases the adoption of neurovascular embolectomy devices. Growing consumer knowledge for post surgery safety has increased the application of apt devices suitable for patients. Hence, rising expenditure capacity and increasing knowledge of consumers are also fueling the demand for neurovascular embolectomy devices. The strengthening economic conditions in different countries, as well suggest decent growth break-through for the stake-holders of neurovascular embolectomy device market.

The standardization of legal framework by global and regional healthcare organizations and government has generated opportunities for manufacturers to invest in product and market development. Focusing on research amp; development by government and industry players can take the neurovascular embolectomy device market to sustainable market growth. Moreover, this has paved a way for increased international trade thereby promoting healthy sharing of technology, education, neurological science and quality improvement.

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Federal amp; regulatory body laws and regulations possess to be the prime challenge to the neurovascular embolectomy device market. According to key industrialists and opinion leaders, the norms and procedures for neurovascular embolectomy device research amp; development and industrial applications have been strictly regulated due to safety concerns. This may affect the demand for both the neurovascular embolectomy device industry and its end-use application. In addition, global downturn and high cost of technology also possesses a potential risk to the growth of the neurovascular embolectomy device market.

Bare Platinum Coils to Aid Growth of Market

Neurovascular device market has experienced an intense move regarding products and systems. Specialists need to receive instruments and procedures that offer higher window for stroke treatment with high achievement rate and negligible post-surgical effect. This is sustained by the way that interest for uncovered platinum loops is developing at a higher pace in contrast with coated coils. This is mainly because of huge expenses related to coated coils and their less enhanced clinical results contrasted with bare platinum coils. Also, stroke treatment includes high healthcare spending that drives the focus on improvement of efficient treatment strategies.

Regional Analysis

Currently, North America is the largest market for neurovascular devices. As per Stroke Association, approximately 1 million Americans each year are affected by stokes. Also, this is one of the leading triggers of disability and death. In the U.S., the financial drain of stroke is valued at around USD 30 billion annually, which includes the expenditure on health care services, prescriptions, and reduced output. The ASA has put up great effort to transform the existing healthcare systems and patients worldwide by collaborating with other countries, governments and international cerebrovascular societies. Europe is the second largest market for neurovascular embolectomy devices. However, the adoption rate of the neurovascular embolectomy devices in Europe is less than that of North America. This is owing to the compliances laid down by the European Union regulatory authority. Pursued by, China and India which also experiences similar stroke risk factors as western countries.

Global neurovascular embolectomy device market is segmented by product and geography. Based on different products, the market is segmented into aspiration devices, stent retrievers. Based on geography, the market is further classified into North America, Europe, China, Japan, Southeast Asia, India, Rest of World.

Stent Retrievers Held Largest Share In Neurovascular Embolectomy Device Market

Among neurovascular embolectomy devices, stent retrievers held the principle share as far as income and utilization in 2017. Unique overlapping stent retriever-based technology restores blood flow and retrieves clots from occluded blood vessels in the brain for patients experiencing acute ischemic stroke (AIS) due to a large vessel occlusion (LVO). In fact, the Solitaire device is indicated to reduce stroke-related disability by showing nearly 70% relative improvements in functional outcomes at 90 days in patients suffering a large vessel occlusion. Therefore, holding the prime piece of the overall industry and is foreseen to keep up its predominance over the coming years.

Key Players

The market is very focused with numerous worldwide players working in similar geologies, with modest product differentiation. Additionally the worldwide players need to contend with local players who offer comparable items at less expensive rates. The nearby players additionally approach a solid circulation channel which causes them contend with worldwide players. Some of the key players operating in the global neurovascular embolectomy device market profiled in the report include Medtronic, Boston Scientific Corporation, Teleflex Inc, DePuy Synthes, Cook Medical, Straub Medical AG, LeMaitre Vascular, Inc, Edwards Lifesciences Corporation, iVascular SLU among others.

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Chapter 1. Summary

Chapter 2. Industry Overview of Neurovascular Embolectomy Device

2.1 Definition and Specifications of Neurovascular Embolectomy Device
2.1.1 Definition of Neurovascular Embolectomy Device
2.1.2 Specifications of Neurovascular Embolectomy Device
2.2 Neurovascular Embolectomy Device Segment by Types
2.2.1 Global Neurovascular Embolectomy Device Consumption (Units) and Growth Rate Comparison by Types (2013-2025)
2.2.2 Global Neurovascular Embolectomy Device Consumption Market Share by Types in 2017
2.3 Global Neurovascular Embolectomy Device Market by Regions
2.3.1 Global Neurovascular Embolectomy Device Market Size and Growth Rate Comparison by Regions (2013-2025)
2.3.2 Global Neurovascular Embolectomy Device Revenue Market Share by Applications in 2017
2.3.3 North America Neurovascular Embolectomy Device Status and Prospect (2013-2025)
2.3.4 Europe Neurovascular Embolectomy Device Status and Prospect (2013-2025)
2.3.5 China Neurovascular Embolectomy Device Status and Prospect (2013-2025)
2.3.6 Japan Neurovascular Embolectomy Device Status and Prospect (2013-2025)
2.3.7 India Neurovascular Embolectomy Device Status and Prospect (2013-2025)
2.3.8 Southeast Asia Neurovascular Embolectomy Device Status and Prospect (2013-2025)
2.4 Global Neurovascular Embolectomy Device Market Size
2.4.1 Global Neurovascular Embolectomy Device Revenue Status and Outlook (2013-2025)
2.4.2 Global Neurovascular Embolectomy Device Consumption Status and Outlook (2013-2025)

Chapter 3. Manufacturing Cost Structure Analysis of Neurovascular Embolectomy Device

3.1 Raw Material and Suppliers
3.2 Manufacturing Cost Structure Analysis of Neurovascular Embolectomy Device
3.3 Industry Chain Structure of Neurovascular Embolectomy Device

Chapter 4. Technical Data and Manufacturing Plants Analysis of Neurovascular Embolectomy Device

4.1 Capacity and Commercial Production Date of Global Neurovascular Embolectomy Device Major Manufacturers in 2017
4.2 Manufacturing Plants Distribution of Global Neurovascular Embolectomy Device Major Manufacturers in 2017
4.3 Ramp;D Status and Technology Source of Global Neurovascular Embolectomy Device Major Manufacturers in 2017
4.4 Raw Materials Sources Analysis of Global Neurovascular Embolectomy Device Major Manufacturers in 2017

Chapter 5. Global Neurovascular Embolectomy Device Overall Market

5.1 2013-2018E Overall Market Analysis
5.2 Capacity Analysis
5.2.1 2013-2018E Global Neurovascular Embolectomy Device Capacity and Growth Rate Analysis
5.2.2 2017 Neurovascular Embolectomy Device Capacity Analysis (Company Segment)
5.3 Sales Analysis
5.3.1 2013-2018E Global Neurovascular Embolectomy Device Sales and Growth Rate Analysis
5.3.2 2017 Neurovascular Embolectomy Device Sales Analysis (Company Segment)
5.4 Sales Price Analysis
5.4.1 2013-2018E Global Neurovascular Embolectomy Device Sales Price
5.4.2 2017 Neurovascular Embolectomy Device Sales Price Analysis (Company Segment)

Chapter 6. Neurovascular Embolectomy Device Regional Market Analysis

6.1 North America Neurovascular Embolectomy Device Market Analysis
6.1.1 North America Neurovascular Embolectomy Device Market Overview
6.1.2 North America 2013-2018E Neurovascular Embolectomy Device Local Supply, Import, Export, Local Consumption Analysis
6.1.3 North America 2013-2018E Neurovascular Embolectomy Device Sales Price Analysis
6.1.4 North America 2017 Neurovascular Embolectomy Device Market Share Analysis
6.2 Europe Neurovascular Embolectomy Device Market Analysis
6.2.1 Europe Neurovascular Embolectomy Device Market Overview
6.2.2 Europe 2013-2018E Neurovascular Embolectomy Device Local Supply, Import, Export, Local Consumption Analysis
6.2.3 Europe 2013-2018E Neurovascular Embolectomy Device Sales Price Analysis
6.2.4 Europe 2017 Neurovascular Embolectomy Device Market Share Analysis
6.3 China Neurovascular Embolectomy Device Market Analysis
6.3.1 China Neurovascular Embolectomy Device Market Overview
6.3.2 China 2013-2018E Neurovascular Embolectomy Device Local Supply, Import, Export, Local Consumption Analysis
6.3.3 China 2013-2018E Neurovascular Embolectomy Device Sales Price Analysis
6.3.4 China 2017 Neurovascular Embolectomy Device Market Share Analysis
6.4 Southeast Asia Neurovascular Embolectomy Device Market Analysis
6.4.1 Southeast Asia Neurovascular Embolectomy Device Market Overview
6.4.2 Southeast Asia 2013-2018E Neurovascular Embolectomy Device Local Supply, Import, Export, Local Consumption Analysis
6.4.3 Southeast Asia 2013-2018E Neurovascular Embolectomy Device Sales Price Analysis
6.4.4 Southeast Asia 2017 Neurovascular Embolectomy Device Market Share Analysis
6.5 Japan Neurovascular Embolectomy Device Market Analysis
6.5.1 Japan Neurovascular Embolectomy Device Market Overview
6.5.2 Japan 2013-2018E Neurovascular Embolectomy Device Local Supply, Import, Export, Local Consumption Analysis
6.5.3 Japan 2013-2018E Neurovascular Embolectomy Device Sales Price Analysis
6.5.4 Japan 2017 Neurovascular Embolectomy Device Market Share Analysis
6.6 India Neurovascular Embolectomy Device Market Analysis
6.6.1 India Neurovascular Embolectomy Device Market Overview
6.6.2 India 2013-2018E Neurovascular Embolectomy Device Local Supply, Import, Export, Local Consumption Analysis
6.6.3 India 2013-2018E Neurovascular Embolectomy Device Sales Price Analysis
6.6.4 India 2017 Neurovascular Embolectomy Device Market Share Analysis

Chapter 7. Global 2013-2018E Neurovascular Embolectomy Device Segment Market Analysis (by Type)

7.1 Global 2013-2018E Neurovascular Embolectomy Device Sales by Type
7.2 Different Types Neurovascular Embolectomy Device Product Interview Price Analysis
7.3 Different Types Neurovascular Embolectomy Device Product Driving Factors Analysis

Chapter 8. Major Manufacturers Analysis of Neurovascular Embolectomy Device

8.1 Medtronic
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.3 Medtronic 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 Medtronic 2017 Business Region Distribution Analysis
8.2 Penumbra
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
8.2.3 Penumbra 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.2.4 Penumbra 2017 Business Region Distribution Analysis
8.3 Biomerics
8.3.1 Company Profile
8.3.2 Product Picture and Specifications
8.3.3 Biomerics 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.3.4 Biomerics 2017 Business Region Distribution Analysis
8.4 Stryker
8.4.1 Company Profile
8.4.2 Product Picture and Specifications
8.4.3 Stryker 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.4.4 Stryker 2017 Business Region Distribution Analysis
8.5 Neuravi
8.5.1 Company Profile
8.5.2 Product Picture and Specifications
8.5.3 Neuravi 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.5.4 Neuravi 2017 Business Region Distribution Analysis
8.6 phenox GmbH
8.6.1 Company Profile
8.6.2 Product Picture and Specifications
8.6.3 phenox GmbH 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.6.4 phenox GmbH 2017 Business Region Distribution Analysis
8.7 Rapid Medical
8.7.1 Company Profile
8.7.2 Product Picture and Specifications
8.7.3 Rapid Medical 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.7.4 Rapid Medical 2017 Business Region Distribution Analysis
8.8 Cardiva
8.8.1 Company Profile
8.8.2 Product Picture and Specifications
8.8.3 Cardiva 2017 Neurovascular Embolectomy Device Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.8.4 Cardiva 2017 Business Region Distribution Analysis

Chapter 9. Development Trend of Analysis of Neurovascular Embolectomy Device Market

9.1 Global Neurovascular Embolectomy Device Market Trend Analysis
9.1.1 Global 2018-2025 Neurovascular Embolectomy Device Market Size (Volume and Value) Forecast
9.1.2 Global Neurovascular Embolectomy Device Revenue and Growth Forecast (2018-2025)
9.1.3 Global 2018-2025 Neurovascular Embolectomy Device Sales Price Forecast
9.2 Neurovascular Embolectomy Device Regional Market Trend
9.2.1 North America 2018-2025 Neurovascular Embolectomy Device Consumption Forecast
9.2.2 Europe 2018-2025 Neurovascular Embolectomy Device Consumption Forecast
9.2.3 China 2018-2025 Neurovascular Embolectomy Device Consumption Forecast
9.2.4 Southeast Asia 2018-2025 Neurovascular Embolectomy Device Consumption Forecast
9.2.5 Japan 2018-2025 Neurovascular Embolectomy Device Consumption Forecast
9.2.6 India 2018-2025 Neurovascular Embolectomy Device Consumption Forecast
9.3 Neurovascular Embolectomy Device Market Trend (Product Type)

Chapter 10. Neurovascular Embolectomy Device Marketing Type Analysis

10.1 Neurovascular Embolectomy Device Regional Marketing Type Analysis
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Neurovascular Embolectomy Device International Trade Type Analysis
10.3 Traders or Distributors with Contact Information of Neurovascular Embolectomy Device by Regions
10.4 Neurovascular Embolectomy Device Supply Chain Analysis

Chapter 11. Consumers Analysis of Neurovascular Embolectomy Device

11.1 Consumer Analysis

Chapter 12. Conclusion of the Global Neurovascular Embolectomy Device Market Professional Survey Report 2016

Chapter 13. Methodology and Data Source

13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources

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Last Updated: 18-Jul-2019