Global Interventional Neurology Market By Worldwide Analysis, Estimation, Industry Applications, Key Growths 2018 To 2026

Global Interventional Neurology
Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK,
AND OPPORTUNITY ANALYSIS, 2018-2026
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REPORT DESCRIPTION
Global Interventional Neurology Market – Overview
Tissue plasminogen activators (tPAs) are used for treatment of stroke, aneurysms, stenosis, and vascular malformations. A study
published in the New England Journal of Medicine stated that Neurointerventional surgery in addition to IV-administered "clotbusting" tissue plasminogen activator (IV-tPA) therapy is more effective than administering IV-tPA alone for the treatment of
stroke.
According to the Brain Aneurysm Foundation (BAF), brain aneurysm accounts for around 500,000 deaths each year. BAF
estimates that aneurysm is predominant in the age group of 35–60 years. Moreover, globally around 15 million people suffer a
stroke every year, as per stats released by the World Heart Federation. High incidence of stroke and brain aneurysm is contributing
to increasing demand for interventional neurology devices. Furthermore, introduction of new techniques such as flow diverter and
aspiration are propelling demand for interventional neurology devices. The global Interventional neurology market was valued at
US$ 1,694.5 million in 2015 and is expected to expand at a CAGR of 5.3% during the forecast period (2016 – 2024).
Coiling is the conventional and more of a gold standard treatment technique for stroke. Increasing complexities in treating patients
suffering from recurring stroke incidents is driving demand for advanced technological products. Neurointerventional devices such
as Intrasaccular devices, stent retrievers, and flow diverters are expected to gain major traction during the forecast period (2016 –
2024). Intrasaccular devices are expected to be launched in the U.S. and Japan market by 2018. Realizing the benefits of stent
retrievers, the American Heart Association and American Stroke Association have issued guidelines, recommending the use of stent
retrievers along with tPA for treatment of stroke.
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REPORT DESCRIPTION
Global Interventional Neurology Market Taxonomy:
By Product Type:
●
Embolic coils
●
Carotid stents
●
Intracranial stents
By Technique:
●
Neurothrombectomy Procedure
●
Cerebral Angiography Technique
●
Stenting Technique
●
Coiling Procedure Technique
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REPORT DESCRIPTION
Global Interventional Neurology Market: Key Players
●
Medtronic, Inc. (Covidien)
●
Penumbra, Inc.
●
Stryker Corporation.
●
Johnson & Johnson.
●
Terumo Corporation.
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Neurovascular conditions such as stroke and aneurysms are generally treated with tissue plasminogen activators (tPAs). However, use of neurointerventional devices along with the medication therapy is more effective in removing clots and reducing the risk of early recurrence of the condition. Interventional neurology technology has been evolving rapidly, which is resulting in demand shift from clipping to coiling, coated to bare platinum coils, and so on.