Dublin, May 20, 2019 (GLOBE NEWSWIRE) -- The "Interventional Neuroradiology Market to 2027- Global Analysis and Forecasts by Product; Disease; End User and Geography" report has been added to ResearchAndMarkets.com's offering.
The global interventional neuroradiology market is expected to reach US$ 3,254.55 Mn in 2027 from US$ 1,969.39 Mn in 2018. The market is estimated to grow with a CAGR of 5.9% from 2019-2027.
Progressive aging population, increasing demand for minimally invasive procedures and rise in the prevalence of the cerebral aneurysm play vital role in the growth of the interventional neuroradiology market. However, the restraints such as high cost of embolization coils and dearth of skilled professionals are likely to impact the growth of the market in the forecast period.
On the other hand, ongoing clinical trials for the treatment of stroke is likely to have a positive impact on the growth of the global interventional neuroradiology market in the coming years. Neurological diseases are the disorders of the brain, spine and the nerves that connect them. There are more than 600 diseases of the nervous system, such as brain tumors, epilepsy, Parkinson's disease and stroke as well as less familiar ones such as frontotemporal dementia.
During recent years, the prevalence of neurological disorders have increased significantly. A brain aneurysm ruptures every 18 minutes. The annual rate of rupture in the United States is found to be around 8 - 10 per 100,000 people. Hence, the rising prevalence of cerebral aneurysms is anticipated to fuel the growth of the market during the forecast period.
Global interventional neuroradiology market, based on product is segmented into neurovascular embolization & coiling assist devices and accessories. In 2018, the neurovascular embolization & coiling assist devices segment held a largest market share of 72.17% of the interventional neuroradiology market, by product. This segment is also expected to dominate the market in 2027 owing to increase in the number of interventional neurology procedures. The segment is also anticipated to witness the growth at a significant rate during the forecast period, 2018 to 2027.
Global interventional neuroradiology market, based on disease was segmented into cerebral aneurysms, intra-cranial tumors, acute strokes, and other diseases. In 2018, the acute strokes segment held a largest market share of 42.16% of the interventional neuroradiology market, by disease. This segment is also expected to dominate the market in 2027 due to the rising prevalence of acute strokes, due to large incidence of causative factors such as diabetes or habits such as smoking. In addition, the segment is anticipated to witness the growth at a significant rate during the forecast period, 2018 to 2027.
Key Topics Covered:
1. Introduction
1.1 Scope Of The Study
1.2 Report Guidance
1.3 Market Segmentation
2. Global Interventional Neuroradiology Market - Key Takeaways
3. Research Methodology
4. Global Interventional Neuroradiology Market - Market Landscape
4.1 Overview
4.2 Pest Analysis
5. Global Interventional Neuroradiology Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Progressive Aging Population
5.1.2 Increasing Demand For Minimally Invasive Procedures
5.1.3 Rise In The Prevalence Of The Cerebral Aneurysm
5.2 Key Market Restraints
5.2.1 High Cost Of Embolization Coils
5.2.2 Dearth Of Skilled Professionals
5.3 Key Market Opportunities
5.3.1 Development In The Healthcare Market
5.4 Current Trend
5.4.1 Ongoing Clinical Trials For The Treatment Of Stroke
5.5 Impact Analysis
6. Interventional Neuroradiology Market - Global Analysis
6.1 Global Interventional Neuroradiology Market Revenue Forecasts And Analysis
6.2 Global Interventional Neuroradiology Market, By Geography - Forecasts And Analysis
6.3 Performance Of Key Players
6.3.1 Balt Extrusion
6.3.2 Medtronic
6.4 Expert Opinions
7. Global Interventional Neuroradiology Market Analysis- By Product
7.1 Overview
7.2 Global Interventional Neuroradiology Market By Product, 2018 & 2027 (%)
7.3 Neurovascular Embolization & Coiling Assist Devices Market
7.3.1 Overview
7.3.2 Global Neurovascular Embolization & Coiling Assist Devices Market Revenue And Forecasts To 2027 (US$ Mn)
7.3.3 Embolic Coils Market
7.3.4 Flow Diversion Devices Market
7.3.5 Liquid Embolic Agents Market
7.4 Accessories Market
7.4.1 Overview
7.4.2 Global Accessories Market Revenue And Forecasts To 2027 (US$ Mn)
7.4.3 Microcatheters Market
7.4.4 Microguidewires Market
8. Global Interventional Neuroradiology Market Analysis- By Disease
8.1 Overview
8.2 Global Interventional Neuroradiology Market, By Disease 2018 & 2027 (%)
8.3 Cerebral Aneurysms Market
8.4 Intra-Cranial Tumors Market
8.5 Acute Strokes Market
8.6 Other Diseases Market
9. Global Interventional Neuroradiology Market Analysis- By End User
9.1 Overview
9.2 Global Interventional Neuroradiology Market, By End User 2018 & 2027 (%)
9.3 Hospitals Market
9.4 Ambulatory Surgical Centers Market
9.5 Other End Users Market
10. Interventional Neuroradiology Market Revenue And Forecasts To 2027 - Geographical Analysis
11. Interventional Neuroradiology Market -Industry Landscape
11.1 Overview
11.2 Growth Strategies In The Interventional Neuroradiology Market, 2015-2019
11.3 Organic Growth Strategies
11.3.1 Overview
11.3.2 Product Approval
11.3.3 Product Launch
11.3.4 Expansion
11.4 Inorganic Growth Strategies
11.4.1 Overview
11.4.2 Acquisition
11.4.3 Collaboration
12. Interventional Neuroradiology Market-Key Company Profiles
- Balt Extrusion
- Merit Medical Systems
- Terumo Corporation
- Medtronic
- Penumbra, Inc.
- Stryker
- DePuy Synthes
- Boston Scientific Corporation
- W. L. Gore & Associates
- MicroPort Scientific Corporation
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