Europe Interventional Neurology Market, By Product (Cerebral Balloon Angioplasty and Stenting Systems, Aneurysm Coiling and Embolization Devices, Neurothrombectomy Devices and Support Devices), Application (Vein Stenosis, Artery Stenosis, Brain Aneurysm, Ischemic Strokes and Others), End User (Hospitals, Ambulatory Centres, Neurology Clinics and Others), Country (Germany , France , United Kingdom , Italy, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Europe Interventional Neurology Market
Data Bridge Market Research analyses that the Europe interventional neurology market will exhibit a CAGR of around 8.30% for the forecast period of 2021-2028. Growing prevalence of neurological disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, growing complexities in the treatment of patients with recurrent strokes and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of interventional neurology market.
Interventional neurology in a minimally invasive imaging-guided technique that is used for diagnosing and treatment of chest, neck and spine related conditions. In other words, interventional neurology is used to control and detect central nervous system systemic conditions.
Upsurge in the demand of operational neurovascular devices globally is one of the major factors fostering the growth of the market. Rising focus on the healthcare technological advancements coupled with surge in the geriatric population base is another market growth determinant. Rising identification of advantages provided by interventional neurology methods and growing number of hospitals and diagnostic centres will further generate lucrative market growth opportunities.
However, stringent regulatory framework will derail the market growth rate. Lack of medical experts such as neurosurgeons especially in the developing and underdeveloped economies and unfavourable reimbursement scenario will further pose challenges for the market. Also, high costs associated with the designated devices will hamper the market growth rate.
This Europe interventional neurology market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe interventional neurology market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe Interventional Neurology Market Scope and Market Size
The interventional neurology market is segmented on the basis of product, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on the product, the interventional neurology market is segmented into cerebral balloon angioplasty and stenting systems, aneurysm coiling and embolization devices, neurothrombectomy devices and support devices. Cerebral balloon angioplasty and stenting systems segment is sub-segmented into carotid artery stents and embolic protection systems. Embolic protection systems segment is further bifurcated into distal filter devices and balloon occlusion devices. Aneurysm coiling and embolization devices segment is sub-segmented into embolic coils. Embolic coils segment is further bifurcated into bare detachable coils and coated detachable coils. Neurothrombectomy devices segment is sub-segmented into clot retrieval devices, suction and aspiration devices and snares. Support devices segment is sub-segmented into micro-catheters and micro-guide wires.
- On the basis of application, the interventional neurology market is segmented into vein stenosis, artery stenosis, brain aneurysm, ischemic strokes and others.
- Based on the end user, the interventional neurology market is segmented into hospitals, ambulatory centres, neurology clinics and others.
Europe Interventional Neurology Market Country Level Analysis
The interventional neurology market is segmented on the basis of product, application and end user.
The countries covered in the Europe interventional neurology market report are Germany, France, United Kingdom, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
Europe is set to continue to undergo substantial gains during the forecast period. This is because of the prevalence of advanced and modern healthcare technologies coupled with rising cases of neurological disorders. Germany will emerge as the dominating country in this region owing to the increasing funds by the government to develop the healthcare infrastructure.
The country section of the Europe interventional neurology market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Europe interventional neurology market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe interventional neurology market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe interventional neurology market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe Interventional Neurology Market Share Analysis
The Europe interventional neurology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe interventional neurology market.
The major players covered in the Europe interventional neurology market report are Abbott, Johnson & Johnson Services, Inc., Boston Scientific Corporation, Stryker, Medtronic, W. L. Gore & Associates, Inc., Biosensors International Group, Ltd., Integra LifeSciences Corporation, Bayer AG, Acandis GmbH and B. Braun Melsungen AG, Drägerwerk AG & Co. KGaA, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.