Infinium Global Research has added a new report on Global Neurovascular or Interventional Neurology Devices Market. The report predicts the market size of Neurovascular or Interventional Neurology Devices is expected to reach XX billion by 2022.
The global market for neurovascular devices was valued at around USD 1.44 billion in 2015 and is expected to reach USD 2.25 billion by 2022, growing at a CAGR of around 7.0% during the forecast period of 2016 to 2022. Neurovascular disease is a leading cause of adult disabilities and death; and includes any abnormality of the blood vessels within or supplying blood to the brain and spine. This includes narrowing of the arteries, which decreases blood flow to the brain and increases the risk of a stroke. Additionally, a neurovascular disease may cause a weakening of the arteries that can lead to brain aneurysms and other conditions that increase the risk of a stroke. According to the World Health Organization, an estimated 15 million people worldwide suffer a stroke each year. In the U.S., around 800,000 people have a stroke annually. Of these, 87% have an acute ischemic stroke (AIS), and 13% have a hemorrhagic stroke. Neurovascular devices are used by neurosurgeons and neuro-interventionalists to treat stroke.
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Rise in base of geriatric population, increasing incidence rates of diabetes worldwide, large base of patient pool with neurovascular diseases, changing lifestyle habits of the people and growing healthcare awareness among the population are some of the driving factors of this market. In addition, improving healthcare infrastructure across the globe, growing demand for minimally invasive and non-invasive surgical procedures are further expected to propel the market in the coming years. Moreover, innovative technologies coupled with rise in acceptance of novel technologies in the emerging markets further increase the adoption of neurovascular devices.
Companies profiled:
Stryker Corporation
Medtronic PLC
Johnson & Johnson
Terumo Corporation
Penumbra, Inc.
Boston Scientific Corporation
Abbott Laboratories
Merit Medical Systems, Inc.
Microport Scientific Corporation

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Key topics covered:
1 Scope of the report
2 Executive summary
3 Qualitative analysis
4 Global neurovascular device market, by type, 2015 – 2022
5 Global neurovascular device market, by application, 2015 – 2022
6 Global neurovascular device market, by geography, 2015 – 2022
7 Company profiles

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