Neurovascular Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Neurovascular Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Healthcare

Report Description

1
1

Global Neurovascular Catheters Market: Overview

A catheter is a tube-shaped medical device which is inserted into body cavities for diagnostic or therapeutic purposes. A neurovascular catheters is used to drain or withdraw unwanted fluid from neurovascular organs (brain, carotid artery, intracranial spaces, etc.), administer medications to the neurovascular organs, and diagnose several neurovascular diseases (brain aneurysms, carotid artery disease, etc.).

The global neurovascular catheters market is driven by prevalence of neurovascular disorders, neurovascular disease diagnosis and treatment rate, competitive scenario of the key players, pricing strategy, and global regulatory scenario. The neurovascular catheters market is likely to face challenges such as biocompatibility of catheters, risk of catheter blockage in the neurovascular organs, and detachment of coating from the catheter. R&D investments and technological advancements are likely to boost the growth of the global neurovascular catheters market.

Global Neurovascular Catheters Market: Key Segments

Based on catheter type, the global neurovascular catheters market can be segmented into microcatheter, balloon catheter, access catheters, embolization catheters, and others. In terms of material, the global neurovascular catheters market can be classified into fluorinated ethylene propylene, liquid crystal polymer, nylon, polyether block amide, polyether ether ketone, and others. The neurovascular catheter is primarily used to prevent embolic stroke. Based on application, the global neurovascular catheter market can be categorized into neurovascular embolic stroke, aneurysms, vertebral and sinus fistulas, arterial vasospasm, and others. In terms of end-user, the global neurovascular catheters market can be divided into hospitals, ambulatory surgical centers, independent clinics, and others.

Geographically, the global neurovascular catheters market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to the Centers for Disease Control and Prevention (CDC), approximately 9 per 100,000 persons per year are affected with brain aneurysms in the U.S. Over 10 per 100,000 people per year suffer from brain aneurysm in Europe. Apart from brain aneurysms, stroke is one of the leading causes of death in North America and Europe. According to the American Stroke Association, nearly 800,000 people suffer and 130,000 million people die from stroke in the U.S. each year. Incidence of stroke in Europe is higher than in North America. According to the World Health Organization (WHO), around 1 million people suffer and 150,000 million people die from stroke in Europe each year. North America and Europe held significant shares of the global neurovascular catheters in 2016, owing to high rate of neurovascular diseases in the regions, high diagnosis and treatment rate of neurovascular disorders, developed medical infrastructure, and availability of advanced neurovascular catheters. Asia Pacific is anticipated to hold the third largest share of the global neurovascular catheters market. The neurovascular catheters market in the region is expected to expand at the fastest CAGR during the forecast period due to large neurovascular patient pool, high diagnostic and treatment rate of neurovascular disorders, rise in adoption of neurovascular catheters, and presence of local players. Latin America and Middle East & Africa are expected to be small markets for neurovascular catheters during the forecast period.

Global Neurovascular Catheters Market: Key Players

Prominent players in the global neurovascular catheters market include Stryker, Medtronic (a Johnson and Johnson company), Integer Holdings Corporation, DePuy Synthes (a Johnson and Johnson company), Integra LifeSciences Corporation, Biomerics, Zeus Industrial Products, Inc., RAUMEDIC AG, and Concentric Medical, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Have query on this report?

Make an Enquiry

Success Stories

Our Clients