Global Interventional Neurology Devices Market Size study, by Product Type by Application and Regional Forecasts 2022-2032

Description

List of Tables

Global Interventional Neurology Devices Market is valued approximately USD 2.6 billion in 2023 and is anticipated to grow with a growth rate of more than 4.70% over the forecast period 2024-2032. Interventional neurology devices are specialized implements utilized by neurologists and neurosurgeons to perform minimally invasive procedures targeting the brain, spinal cord, and related blood vessels. These devices encompass a range of tools such as neurovascular stents, embolic coils, catheters, embolization devices, neurothrombectomy devices, intracranial stents, neuroendovascular clipping devices, and flow diverters. They play a pivotal role in treating conditions like aneurysms, stroke, intracranial stenosis, and other vascular abnormalities. They offer advantages such as reduced recovery times and enhanced patient outcomes compared to traditional open surgeries. . The rapid development and adoption of neurovascular techniques and technologies is a major growth trend for the Global Interventional Neurology Devices Market. These developments include the introduction of cutting-edge tools including neurovascular stents, neurothrombectomy devices, and flow diverters, which aim to enhance patient outcomes and reduce the invasiveness of operations.

The rising prevalence of neurological disorders such as stroke, aneurysms, and brain tumors are major driving factor for the growth of the global interventional neurology devices market. Additionally, advancement in technology leading to more effective and minimally invasive treatment options contribute to the market growth. Also, the increasing aging population is a significant driver as aged people are more prone to neurological conditions, which is prompting the market demand. Moreover, rising number of strategic initiatives by the industry players such as product reimbursement are poised to drive substantial market growth. For instance, In June 2021, The Roadsaver carotid stent system was reimbursed to Terumo France/Europe and MicroVention Europe as a result of the French National Authority for Health's (HAS) favorable evaluation, which emphasized the device's therapeutic value. Such strategic initiatives are expected to propel market expansion. Similarly, in September 2022, Penumbra, Inc., a global healthcare leader in innovative therapies, announced the CE Mark approval for its RED Reperfusion Catheters, now available across Europe. These catheters are integral to Penumbra's comprehensive Penumbra System, a mechanical aspiration thrombectomy solution designed to restore blood flow in patients with acute ischemic stroke (AIS). Furthermore, in March 2021, Innovative Cardiovascular Solutions (ICS) shared encouraging outcomes from European clinical cases employing the latest iteration of the EMBLOK Embolic Protection System during transcatheter aortic valve replacement (TAVR) procedures. However, high cost of devices and stringent regulatory scenario is likely to stifle market growth between 2022 and 2032.

The key regions considered for the global Interventional Neurology Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America is recorded with dominating position in the Interventional Neurology Devices market with the highest number of market share owing to the rising prevalence of neurodegenerative conditions like Alzheimer's and Parkinson's, ongoing product innovations, and a growing preference for less invasive treatment options. The rising incidence of neurological disorders in the region is acting as a catalyzing factor for the Interventional Neurology Devices Market. As per NIH Trauma varying from a minor hit to the head to a deep wound to the brain cause traumatic brain injury (TBI). In the United States, an estimated 1.7 million individuals experience traumatic brain injuries annually, with higher prevalence witnessed among adolescents aged 15 to 19 and adults aged 65 and above. Furthermore, a recent investigation conducted by Heart & Stroke and published in the Canadian Journal of Neurological Sciences in 2022 underscored a rising pattern of 108,707 reported stroke cases annually in Canada, equating to almost one stroke occurring every five minutes. The market in Asia Pacific, on the other hand, is expected to grow at the fastest rate over the forecast period.

Major market player included in this report are:

Abbott Laboratories
B. Braun Melsungen AG
Boston Scientific Corporation
Johnson & Johnson
Medtronic plc
Merit Medical Systems, Inc.
Penumbra, Inc.
Stryker Corporation
Terumo Corporation
Integer Holdings Corporation

The detailed segments and sub-segment of the market are explained below:

By Product Type

Cerebral Balloon Angioplasty and Stenting Systems
Neurothrombectomy Devices
Aneurysm Coiling and Embolization Devices
Micro-catheters
Guidewires

By Application

Artery Stenosis
Ischemic Strokes
Brain Aneurysm
Vein Stenosis
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Interventional Neurology Devices Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Interventional Neurology Devices Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Product Type
- 2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Interventional Neurology Devices Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Interventional Neurology Devices Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Interventional Neurology Devices Market Size & Forecasts by Product Type 2022-2032

5.1. Cerebral Balloon Angioplasty and Stenting Systems
5.2. Neurothrombectomy Devices
5.3. Aneurysm Coiling and Embolization Devices
5.4. Micro-catheters
5.5. Guidewires

Chapter 6. Global Interventional Neurology Devices Market Size & Forecasts by Application 2022-2032

6.1. Artery Stenosis
6.2. Ischemic Strokes
6.3. Brain Aneurysm
6.4. Vein Stenosis
6.5. Others

Chapter 7. Global Interventional Neurology Devices Market Size & Forecasts by Region 2022-2032

7.1. North America Interventional Neurology Devices Market
- 7.1.1. U.S. Interventional Neurology Devices Market
  - 7.1.1.1. Product Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Interventional Neurology Devices Market
7.2. Europe Interventional Neurology Devices Market
- 7.2.1. U.K. Interventional Neurology Devices Market
- 7.2.2. Germany Interventional Neurology Devices Market
- 7.2.3. France Interventional Neurology Devices Market
- 7.2.4. Spain Interventional Neurology Devices Market
- 7.2.5. Italy Interventional Neurology Devices Market
- 7.2.6. Rest of Europe Interventional Neurology Devices Market
7.3. Asia-Pacific Interventional Neurology Devices Market
- 7.3.1. China Interventional Neurology Devices Market
- 7.3.2. India Interventional Neurology Devices Market
- 7.3.3. Japan Interventional Neurology Devices Market
- 7.3.4. Australia Interventional Neurology Devices Market
- 7.3.5. South Korea Interventional Neurology Devices Market
- 7.3.6. Rest of Asia Pacific Interventional Neurology Devices Market
7.4. Latin America Interventional Neurology Devices Market
- 7.4.1. Brazil Interventional Neurology Devices Market
- 7.4.2. Mexico Interventional Neurology Devices Market
- 7.4.3. Rest of Latin America Interventional Neurology Devices Market
7.5. Middle East & Africa Interventional Neurology Devices Market
- 7.5.1. Saudi Arabia Interventional Neurology Devices Market
- 7.5.2. South Africa Interventional Neurology Devices Market
- 7.5.3. Rest of Middle East & Africa Interventional Neurology Devices Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Abbott Laboratories
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. B. Braun Melsungen AG
- 8.3.3. Boston Scientific Corporation
- 8.3.4. Johnson & Johnson
- 8.3.5. Medtronic plc
- 8.3.6. Merit Medical Systems, Inc.
- 8.3.7. Penumbra, Inc.
- 8.3.8. Stryker Corporation
- 8.3.9. Terumo Corporation
- 8.3.10. Integer Holdings Corporation

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Interventional Neurology Devices Market, report scope
TABLE 2. Global Interventional Neurology Devices Market estimates & forecasts by region 2022-2032 (USD Billion)
TABLE 3. Global Interventional Neurology Devices Market estimates & forecasts by Product Type 2022-2032 (USD Billion)
TABLE 4. Global Interventional Neurology Devices Market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Global Interventional Neurology Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Interventional Neurology Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Interventional Neurology Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Interventional Neurology Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Interventional Neurology Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Interventional Neurology Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Interventional Neurology Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Interventional Neurology Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Interventional Neurology Devices Market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Interventional Neurology Devices Market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. UK Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. UK Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. UK Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Germany Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Germany Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Germany Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. France Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. France Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. France Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. Italy Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. Italy Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. Italy Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Spain Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 34. Spain Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. Spain Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. RoE Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 37. RoE Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. RoE Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. China Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 40. China Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. China Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. India Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 43. India Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. India Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. Japan Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 46. Japan Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. Japan Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Australia Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 49. Australia Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. Australia Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. South Korea Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 52. South Korea Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53. South Korea Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54.
TABLE 55. RoAPAC Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 56. RoAPAC Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57. RoAPAC Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. Brazil Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 59. Brazil Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. Brazil Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Mexico Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 62. Mexico Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. Mexico Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. RoLA Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 65. RoLA Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. RoLA Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. Saudi Arabia Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Interventional Neurology Devices Market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. South Africa Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 71.
TABLE 72. South Africa Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 73. South Africa Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. RoMEA Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Interventional Neurology Devices Market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. List of secondary sources, used in the study of Global Interventional Neurology Devices Market.
TABLE 78. List of primary sources, used in the study of Global Interventional Neurology Devices Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Interventional Neurology Devices Market, research methodology
FIG 2. Global Interventional Neurology Devices Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Interventional Neurology Devices Market, key trends 2023
FIG 5. Global Interventional Neurology Devices Market, growth prospects 2022-2032
FIG 6. Global Interventional Neurology Devices Market, porters 5 force model
FIG 7. Global Interventional Neurology Devices Market, pestel analysis
FIG 8. Global Interventional Neurology Devices Market, value chain analysis
FIG 9. Global Interventional Neurology Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Interventional Neurology Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Interventional Neurology Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Interventional Neurology Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Interventional Neurology Devices Market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Interventional Neurology Devices Market, regional snapshot 2022 & 2032
FIG 15. North America Interventional Neurology Devices Market 2022 & 2032 (USD Billion)
FIG 16. Europe Interventional Neurology Devices Market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Interventional Neurology Devices Market 2022 & 2032 (USD Billion)
FIG 18. Latin America Interventional Neurology Devices Market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Interventional Neurology Devices Market 2022 & 2032 (USD Billion)
FIG 20. Global Interventional Neurology Devices Market, company market share analysis (2023)