An off-the-shelf report on Interventional Neuroradiology Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.
The global interventional neuroradiology market accounted to US$ 1,969.39 Mn in 2019 and is expected to grow at a CAGR of 5.9% during the forecast period 2029 – 2027, to account to US$ 3,254.55 Mn by 2027.
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The key players influencing the market are:
- BALT EXTRUSION
- Merit Medical Systems
- Terumo Corporation
- Penumbra, Inc.
- DePuy Synthes
- Boston Scientific Corporation
- W. L. Gore & Associates
- MicroPort Scientific Corporation
Strategic acquisition and product launches were observed as the most adopted strategy in global interventional neuroradiology industry. Few of the recent product launch and acquisitions are listed below;
2018: Balt USA, subsidiary of Balt Extrusion, received 510 (k) approval for the Optima Coil System in the US. The approval of the Optima Coil System makes it the first Balt USA product to be developed and approved for use in the US.
2018: MicroVention, Inc., received the FDA Premarket Approval (PMA) for the WEB Aneurysm Embolization System for the treatment of intracranial wide neck bifurcation aneurysms. The WEB System is a unique, single-device treatment solution for wide neck bifurcation aneurysms, which may account for up to 35% of all aneurysms.
2016: Merit Medical Systems, Inc. received 510(k) clearance for the SwiftNINJA Steerable Microcatheter. The clearance aims to offer peripheral and coronary applications. With the exception of Japan, Merit has global distribution rights for the SwiftNINJA.
INTERVENTIONAL NEURORADIOLOGY – MARKET SEGMENTATION
- Neurovascular Embolization and Coiling Assist Devices
- Embolic Coils
- Flow Diversion Devices
- Liquid Embolic Agents
- Cerebral Aneurysms
- Intra-Cranial Tumors
- Acute Strokes
- Other Diseases
- By End User
- Ambulatory Surgical Centers
- Other End Users
- North America
- Asia Pacific (APAC)
- South Korea
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- South America (SAM)
This report contains:
- Market sizing for the global Interventional Neuroradiology
- Compare major Interventional Neuroradiology providers strategies and approaches to the challenges they face
- Analysis of the effects deglobalisation trends may have for Interventional Neuroradiology providers
- Profiles of major Interventional Neuroradiology providers
- 7-year CAGR forecasts for Interventional Neuroradiology -intensive vertical sectors
Interventional Neuroradiology Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Interventional Neuroradiology Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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This post was originally published on The Picayune Current