(PharmaNewsWire.Com, August 29, 2017 ) According to the report Latin America Interventional Neurology Market, published by Market Data Forecast, the Market was worth $ 227.53 million in 2016 and estimated to reach $ 343.71 million by the end of 2021 with a growing potential of 8.60 %.
Interventional neurology is a medical speciality which includes the use of medical imaging processing equipment to visualize the neck, head, and spine for the purpose of therapeutic and diagnostic procedures. Interventional neurology provides various options of treatment, including substitutes to invasive procedures and treatment approaches for patients who would not have an options without the skills of this type of a medical specialist.
The factors that are driving the growth of Latin America Interventional Neurology market are growth in patient population, advancements in technology, favourable reimbursements plans, increasing disposable income, significant adoption of neurovascular devices among neurosurgeons, and increasing R&D investments. However, lack of skilled neurosurgeons, stringent regulatory bodies are limiting the growth of the market.
Based on Technology, the market is segmented into Embolization and Coiling, Balloon Angioplasty, Carotid Stenting, Neurothrombectomy, Micro support devices and others. Based on Product the market is categorized into Carotid Stent, Microcatheter, Flow Diversion, Microguidewires, Suction Device, stenting systems, Clot Retrieval and others. Based on end users, the market is segmented into Hospitals, Ambulatory centers, Neurology clinics and others. Based on Geography, the Latin America Interventional Neurology market is analyzed under various regions namely Brazil, Argentina and mexico.
The companies operating in Latin America Interventional Neurology Market are Stryker Corporation, Merit Medical Systems Inc., Medtronic plc, Terumo Corporation, Johnson & Johnson, Microport Scientific Corporation, Penumbra Inc., Abbott Laboratories, W. L. Gore & Associates Inc., and Medikit Co., Ltd.
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