Global Neurointerventional Devices Market by Technique, by Type, by End-user, Region and Segment Forecasts 2020–2026

Global Neurointerventional Devices Market is valued to reach USD 2.64 Billion by 2021, growing at CAGR of 8.4% over the forecast period 2020–2026. Key factors driving the market are growing aging population, rising prevalence of the cerebral aneurysm, expansion of healthcare infrastructure and growing target patient population.

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The report provides trends prevailing in the global neurointerventional devices market and the factors driving the market along with those that act as hindrances. The market for neurointerventional devices is expected to grow, owing to factors such as a rise in the prevalence of the cerebral aneurysm, and increasing demand for minimally invasive procedures. Moreover, the progressive aging population is likely to have a positive impact on the growth of the market in the coming years.

Market Trends, Drivers, Restraints and Opportunity:

Surge in cases of cerebral angiography and availability of treatment for neurothrombectomy procedures is a major driver. In addition, high adoption of neurointerventional devices in neuro cases is pumping a high market growth
Growing number of patients with stroke and aneurysm has led in a high adoption of neurointerventional devices used in the treatment
High prevalence of neurological disorders with an alarming rate demands efficient medical infrastructure with a high success rate for neuro surgeries is driving the market. In addition, neurointerventional devices have undergone a wide range of advancements that are highly preferred by neurosurgeons
Contrarily, the lack of medical competency in various countries and high rate of patient inability to cope up with post surgeries treatment creates challenges in the market