Interventional Neurology Market Updates by 2031
The interventional neurology devices help in the diagnosis, prevention, and treatment of a variety of neurological disorders and conditions, such as Alzheimer's disease, Parkinson's disease, major depression, epilepsy, spinal cord injury, and traumatic brain injury. These devices are minimally invasive image-based technologies. The procedures involving these devices are used in the diagnosis and treatment of diseases of the head, neck, and spine. According to a worldwide WHO report, the prevalence of Alzheimer's and other forms of dementia was nearly 3 per 1000 in 2021. Moreover, the geriatric population is rising globally which is more prone to mental disorders.
MARKET SCOPE
The "Global Interventional Neurology Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Interventional Neurology market with detailed market segmentation by products, applications, and geography. The report provides key statistics on the market status of the leading Interventional Neurology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on products, the global Interventional Neurology market is segmented into aneurysm coiling and embolization devices, cerebral balloon angioplasty and stenting systems, support devices, neurothrombectomy devices.
- Based on application, the market is categorised into artery stenosis, ischemic strokes, brain aneurysm, vein stenosis, others.
MARKET DYNAMICS
Drivers
- Growing target patient population.
- Rise in demand for minimally invasive neurosurgical procedures.
- Favorable medical reimbursements for neurological procedures.
- Increase in research in the field of neurovascular therapies
Restraints
- High procedural cost of neurovascular surgeries and related products.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Interventional Neurology market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Interventional Neurology market in these regions.
IMPACT OF COVID-19 ON INTERVENTIONAL NEUROLOGY MARKET
As a result of the COVID-19 pandemic many radiology departments have experienced a rapid decline in imaging case volumes. This has important implications on the short-term and long-term economic stability of neurological procedures across all healthcare practice settings. Due to lockdown imposed by the governments across the world many neurological procedures were delayed, and supply chain restriction has limited the availability of resources needed to deliver imaging services. Moreover, the COVID-19 pandemic has disrupted the spectrum of clinical research, including delaying diagnoses and therapeutics and in few cases halting clinical trials.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Interventional Neurology market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Interventional Neurology market in these regions.
IMPACT OF COVID-19 ON INTERVENTIONAL NEUROLOGY MARKET
As a result of the COVID-19 pandemic many radiology departments have experienced a rapid decline in imaging case volumes. This has important implications on the short-term and long-term economic stability of neurological procedures across all healthcare practice settings. Due to lockdown imposed by the governments across the world many neurological procedures were delayed, and supply chain restriction has limited the availability of resources needed to deliver imaging services. Moreover, the COVID-19 pandemic has disrupted the spectrum of clinical research, including delaying diagnoses and therapeutics and in few cases halting clinical trials.
MARKET PLAYERS
The report covers key developments in the Interventional Neurology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Interventional Neurology market are anticipated to lucrative growth opportunities in the future with the rising demand for Interventional Neurology in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Interventional Neurology market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Abbott Laboratories
- Johnson and Johnson
- Boston Scientific Corporation
- Stryker Corporation
- Medtronic PLC
- Terumo Corporation
- Penumbra, Inc.
- Microport Scientific Corporation
- Merit Medical Systems, Inc.
- W.L. Gore and Associates, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Interventional Neurology Market - By Product
1.3.2 Interventional Neurology Market - By Application
1.3.3 Interventional Neurology Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTERVENTIONAL NEUROLOGY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. INTERVENTIONAL NEUROLOGY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. INTERVENTIONAL NEUROLOGY MARKET - GLOBAL MARKET ANALYSIS
6.1. INTERVENTIONAL NEUROLOGY - GLOBAL MARKET OVERVIEW
6.2. INTERVENTIONAL NEUROLOGY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. INTERVENTIONAL NEUROLOGY MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. ANEURYSM COILING AND EMBOLIZATION DEVICES
7.3.1. Overview
7.3.2. Aneurysm Coiling and Embolization Devices Market Forecast and Analysis
7.4. CEREBRAL BALLOON ANGIOPLASTY AND STENTING SYSTEMS
7.4.1. Overview
7.4.2. Cerebral Balloon Angioplasty and Stenting Systems Market Forecast and Analysis
7.5. SUPPORT DEVICES
7.5.1. Overview
7.5.2. Support Devices Market Forecast and Analysis
7.6. NEUROTHROMBECTOMY DEVICES
7.6.1. Overview
7.6.2. Neurothrombectomy Devices Market Forecast and Analysis
8. INTERVENTIONAL NEUROLOGY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ARTERY STENOSIS
8.3.1. Overview
8.3.2. Artery Stenosis Market Forecast and Analysis
8.4. ISCHEMIC STROKES
8.4.1. Overview
8.4.2. Ischemic Strokes Market Forecast and Analysis
8.5. BRAIN ANEURYSM
8.5.1. Overview
8.5.2. Brain Aneurysm Market Forecast and Analysis
8.6. VEIN STENOSIS
8.6.1. Overview
8.6.2. Vein Stenosis Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. INTERVENTIONAL NEUROLOGY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Interventional Neurology Market Overview
9.1.2 North America Interventional Neurology Market Forecasts and Analysis
9.1.3 North America Interventional Neurology Market Forecasts and Analysis - By Product
9.1.4 North America Interventional Neurology Market Forecasts and Analysis - By Application
9.1.5 North America Interventional Neurology Market Forecasts and Analysis - By Countries
9.1.5.1 United States Interventional Neurology Market
9.1.5.1.1 United States Interventional Neurology Market by Product
9.1.5.1.2 United States Interventional Neurology Market by Application
9.1.5.2 Canada Interventional Neurology Market
9.1.5.2.1 Canada Interventional Neurology Market by Product
9.1.5.2.2 Canada Interventional Neurology Market by Application
9.1.5.3 Mexico Interventional Neurology Market
9.1.5.3.1 Mexico Interventional Neurology Market by Product
9.1.5.3.2 Mexico Interventional Neurology Market by Application
9.2. EUROPE
9.2.1 Europe Interventional Neurology Market Overview
9.2.2 Europe Interventional Neurology Market Forecasts and Analysis
9.2.3 Europe Interventional Neurology Market Forecasts and Analysis - By Product
9.2.4 Europe Interventional Neurology Market Forecasts and Analysis - By Application
9.2.5 Europe Interventional Neurology Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Interventional Neurology Market
9.2.5.1.1 Germany Interventional Neurology Market by Product
9.2.5.1.2 Germany Interventional Neurology Market by Application
9.2.5.2 France Interventional Neurology Market
9.2.5.2.1 France Interventional Neurology Market by Product
9.2.5.2.2 France Interventional Neurology Market by Application
9.2.5.3 Italy Interventional Neurology Market
9.2.5.3.1 Italy Interventional Neurology Market by Product
9.2.5.3.2 Italy Interventional Neurology Market by Application
9.2.5.4 Spain Interventional Neurology Market
9.2.5.4.1 Spain Interventional Neurology Market by Product
9.2.5.4.2 Spain Interventional Neurology Market by Application
9.2.5.5 United Kingdom Interventional Neurology Market
9.2.5.5.1 United Kingdom Interventional Neurology Market by Product
9.2.5.5.2 United Kingdom Interventional Neurology Market by Application
9.2.5.6 Rest of Europe Interventional Neurology Market
9.2.5.6.1 Rest of Europe Interventional Neurology Market by Product
9.2.5.6.2 Rest of Europe Interventional Neurology Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Interventional Neurology Market Overview
9.3.2 Asia-Pacific Interventional Neurology Market Forecasts and Analysis
9.3.3 Asia-Pacific Interventional Neurology Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Interventional Neurology Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Interventional Neurology Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Interventional Neurology Market
9.3.5.1.1 Australia Interventional Neurology Market by Product
9.3.5.1.2 Australia Interventional Neurology Market by Application
9.3.5.2 China Interventional Neurology Market
9.3.5.2.1 China Interventional Neurology Market by Product
9.3.5.2.2 China Interventional Neurology Market by Application
9.3.5.3 India Interventional Neurology Market
9.3.5.3.1 India Interventional Neurology Market by Product
9.3.5.3.2 India Interventional Neurology Market by Application
9.3.5.4 Japan Interventional Neurology Market
9.3.5.4.1 Japan Interventional Neurology Market by Product
9.3.5.4.2 Japan Interventional Neurology Market by Application
9.3.5.5 South Korea Interventional Neurology Market
9.3.5.5.1 South Korea Interventional Neurology Market by Product
9.3.5.5.2 South Korea Interventional Neurology Market by Application
9.3.5.6 Rest of Asia-Pacific Interventional Neurology Market
9.3.5.6.1 Rest of Asia-Pacific Interventional Neurology Market by Product
9.3.5.6.2 Rest of Asia-Pacific Interventional Neurology Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Interventional Neurology Market Overview
9.4.2 Middle East and Africa Interventional Neurology Market Forecasts and Analysis
9.4.3 Middle East and Africa Interventional Neurology Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Interventional Neurology Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Interventional Neurology Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Interventional Neurology Market
9.4.5.1.1 South Africa Interventional Neurology Market by Product
9.4.5.1.2 South Africa Interventional Neurology Market by Application
9.4.5.2 Saudi Arabia Interventional Neurology Market
9.4.5.2.1 Saudi Arabia Interventional Neurology Market by Product
9.4.5.2.2 Saudi Arabia Interventional Neurology Market by Application
9.4.5.3 U.A.E Interventional Neurology Market
9.4.5.3.1 U.A.E Interventional Neurology Market by Product
9.4.5.3.2 U.A.E Interventional Neurology Market by Application
9.4.5.4 Rest of Middle East and Africa Interventional Neurology Market
9.4.5.4.1 Rest of Middle East and Africa Interventional Neurology Market by Product
9.4.5.4.2 Rest of Middle East and Africa Interventional Neurology Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Interventional Neurology Market Overview
9.5.2 South and Central America Interventional Neurology Market Forecasts and Analysis
9.5.3 South and Central America Interventional Neurology Market Forecasts and Analysis - By Product
9.5.4 South and Central America Interventional Neurology Market Forecasts and Analysis - By Application
9.5.5 South and Central America Interventional Neurology Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Interventional Neurology Market
9.5.5.1.1 Brazil Interventional Neurology Market by Product
9.5.5.1.2 Brazil Interventional Neurology Market by Application
9.5.5.2 Argentina Interventional Neurology Market
9.5.5.2.1 Argentina Interventional Neurology Market by Product
9.5.5.2.2 Argentina Interventional Neurology Market by Application
9.5.5.3 Rest of South and Central America Interventional Neurology Market
9.5.5.3.1 Rest of South and Central America Interventional Neurology Market by Product
9.5.5.3.2 Rest of South and Central America Interventional Neurology Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL INTERVENTIONAL NEUROLOGY MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOINT VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. INTERVENTIONAL NEUROLOGY MARKET, KEY COMPANY PROFILES
12.1. STRYKER
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. JOHNSON AND JOHNSON SERVICES, INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. MEDTRONIC
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. TERUMO MEDICAL CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. PENUMBRA, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BOSTON SCIENTIFIC CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MICROPORT SCIENTIFIC CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. MERIT MEDICAL SYSTEMS
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. W.L. GORE AND ASSOCIATES.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. B. BRAUN MELSUNGEN AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Abbott Laboratories
2. Johnson and Johnson
3. Boston Scientific Corporation
4. Stryker Corporation
5. Medtronic PLC
6. Terumo Corporation
7. Penumbra, Inc.
8. Microport Scientific Corporation
9. Merit Medical Systems, Inc.
10. W.L. Gore and Associates, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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