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Neurointerventional Devices Market Analysis, Development, Growth and Demand Forecast to 2025

Press Release   •   Oct 12, 2016 06:32 EDT

This report examines the ‘Neurointerventional Devices Market’ for the period 2015-2025. The primary objective of the report is to offer updates and in-depth analysis of market opportunities in the global neurointerventional devices market.

As per the Society of Neurointerventional Surgery, neurointervention is an approach for treatment of conditions that occur within the vessels of the brain or within the spinal cavity. It is gaining high traction among neuro-specialists due to its minimally invasive technique and comparatively higher success rate ratio as compared to conventional clipping method.

To understand and assess the opportunities in this market, the report is categorically split under four sections namely, by product, technique, end user and region. The report analyses the global neurointerventional devices market in terms of market value (US$ Mn) and market volume (units).

The report starts with an overview of neurointerventional devices and its usage in various applications across the globe. In the same section, FMI covers the neurointerventional devices market performance in terms of revenue. This section includes FMI’s analyses of key trends, drivers and restraints from supply and demand perspectives.

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To arrive at the market size, the report considers average price of neurointerventional devices per metric ton across geographies. The forecast presented here assesses the total revenue of neurointerventional devices market. When developing the forecast of the market, the starting point is sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of the market, we triangulated the outcome on the basis of analysis based on supply side, demand side and disease prevalence rate. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed.

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In addition, we have taken into consideration year on year growth to understand the predictability of the market and identify the right opportunities across the neurointerventional devices market.

As previously highlighted, the market for neurointerventional devices is split into various categories on the basis of region, products, techniques, and end user segments. All these segments have been analysed in terms of basis point share (BPS) to understand individual segments relative contribution to growth. This detailed level of information is important for identification of many key trends in the neurointerventional devices market.