Title | Neurovascular Devices Industry worth $5.5 billion by 2028, with a CAGR of 8.7% |
URL | https://www.marketsandmarkets.com/Market-Reports/neurointerventional-neurostimulation-devices-market-847.html |
Category | Fitness Health --> Health Articles |
Meta Keywords | Neurovascular Devices Market |
Meta Description | Based on disease pathology, the neurovascular devices market is segmented into cerebral aneurysm, ischemic strokes, carotid artery stenosis, arteriovenous malformations & fistulas, and other disease pathologies. |
Owner | Healthcare101 |
Description |
The global neurovascular devices market growth forecasted to transform from $3.6 billion in 2023 to $5.5 billion by 2028, driven by a CAGR of 8.7%. The growth in this market is attributed to the increase in the prevalence of various neurovascular diseases, rising adoption of minimally invasive surgical procedures, expansion of healthcare infrastructure in emerging countries, and strategic collaborations & partnerships among manufacturers and research institutes to boost the new developments in interventional neurology. However, high cost of neurovascular interventional procedures & related devices to pose a barrier towards the adoption of neurovascular treatment, especially in developing countries with poor reimbursement policies. |