(PharmaNewsWire.Com, September 19, 2017 ) According to the report Europe Interventional Neurology/Neurovascular devices Market, published by Market Data Forecast the Market was worth USD 455.06 million in 2016 and estimated to reach USD 693.76 million by the end of 2021 with a growing potential of 8.80 %. Europe interventional Neurology market is expected to account the second largest share in the market due to favourable reimbursement scenario, advancements in technology.
Interventional neurology is a procedure which refers to a specific kind of endovascular procedure within spinal cavity, imaging guidance, within the vessels of the brain, special micro catheter, utilizing minimally invasive techniques, guide wire to treat stroke and various neurological disorders. Arteries weakening can create brain aneurysms and increase the risk of intracranial bleeding. Neurovascular disease is a main cause of disability in adults.
Europe Interventional neurology market is mainly driven by growth in patient population, advancements in technology, favourable reimbursements plans, significant adoption of neurovascular devices among neurosurgeons, and increasing R&D investments. However, lack of skilled neurosurgeons, stringent regulatory bodies are hampering the growth of the market.
Based on Technology, the market is segmented into Embolization and Coiling, Balloon Angioplasty, Carotid Stenting, Neurothrombectomy, Micro support devices and others. Based on Product the market is categorized into Carotid Stent, Microcatheter, Flow Diversion, Microguidewires, Suction Device, stenting systems, Clot Retrieval and others. Based on end users, the market is segmented into Hospitals, Ambulatory centers, Neurology clinics and others. Based on Geography, the Europe Interventional Neurology market is analyzed under various regions namely U.K, Germany, France, Italy and Spain.
Some of the key players in Europe Interventional Neurology Market are Stryker Corporation, Abbott Laboratories, Medtronic plc, Terumo Corporation, Penumbra Inc., Johnson & Johnson, Merit Medical Systems Inc., W. L. Gore & Associates Inc., Microport Scientific Corporation, and Medikit Co., Ltd.
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