(PharmaNewsWire.Com, December 16, 2017 ) North America is expected to account the highest share in the market owing to significant adoption of neurovascular devices among neurosurgeons, presence of key manufacturers in the region, and increasing R&D investments are driving the growth of the North American interventional neurology market.
Neurology is a branch that deals with the disorders of nervous system and brain. Interventional neurology deals with the diagnosis, treatment of all categories conditions and diseases involving the peripheral and central nervous system. Arteries weakening will create brain aneurysms and increase the risk of intracranial bleeding. Neurovascular disease is a main cause of disability in adults. Nearly 4.5 Million Americans have a stroke, out of which a few recover completely. However, enhanced technology is helping the healthcare professionals to minimize the impact of neurovascular disease.
North America Interventional neurology market is mainly driven by growth in patient population, advancements in technology, favourable reimbursements across mature markets, significant adoption of neurovascular devices among neurosurgeons, presence of key manufacturers in the region, and increasing R&D investments. But, ongoing healthcare reforms in United States, lack of skilled neurosurgeons, stringent regulatory bodies across major markets are hindering the growth of neurology 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 North America Interventional Neurology market is analyzed under various regions namely U.S and Canada.
Key players in North America Interventional Neurology Market are Stryker Corporation, Medtronic plc, Penumbra Inc., Johnson & Johnson, Terumo Corporation, Abbott Laboratories, W. L. Gore & Associates Inc., Merit Medical Systems Inc., Microport Scientific Corporation, and Medikit Co., Ltd.
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