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Premium Report Details
Base Year: 2022
Companies covered: 10
Tables & Figures: 630
Countries covered: 44
Pages: 462
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Neurovascular Devices Market
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Neurovascular Devices Market Size
Neurovascular Devices Market size reached USD 3.9 billion in 2022 and is estimated to witness 6.5% CAGR between 2023 and 2032. Mounting incidences of ischemic strokes to strengthen the business outlook.
A remarkable surge in incidences of ischemic strokes and brain aneurysm across North America will enhance market performance over the next ten years. Besides, the growing prevalence of several neurological disorders will further add to market progress. For instance, according to a recent study published in The Lancet, neurological disorders were among the most common sources of health loss in the EU28 and the WHO European region.
Minimally invasive surgeries are witnessing a high acceptance rate due to their cosmetic appeal and shorter recovery periods, which may further streamline neurovascular devices market expansion. Consistent innovations and improvements have been introduced in surgical procedures to make them safer for patients. Minimally invasive surgery has become the standard for surgical interventions traditionally done with an open method or technique. These surgical procedures include laparoscopic surgery, endoscopic surgery as well as robot-assisted surgery. Such scenarios are expected to favor industry landscape.