Neurovascular Accessory Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

Neurovascular Accessory Devices Market Report Overview

The Neurovascular Accessory Devices market size was $796.1 million in 2023. The market is anticipated to garner growth at a CAGR of more than 7% from 2023 to 2033.  These devices are used to aid in the introduction of treatment devices or provide further support during neurovascular procedures.

Neurovascular Accessory Devices Market Outlook, 2023-2033 ($ Million)

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The Neurovascular Accessory Devices market research report is built to visualize quantitative market trends within the Neurology Devices therapeutic area. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies. The model discusses the in-depth impact of COVID-19 on the Neurovascular Accessory Devices market for the year 2020 and beyond.

Neurovascular Accessory Devices Market Dynamics

The neurovascular accessory devices market will generally follow epidemiological trends for neurovascular embolization and thrombectomy devices. The neurovascular accessories market is driven by the treatment devices themselves, however, there is potential for growth in developing disposable catheters due to being inexpensive and adapting existing technology. For example, the peripheral vascular accessory devices can be adapted for the neurological vasculature given the similar anatomy of blood vessels.

Neurovascular Accessory Devices Market Segments

The Neurovascular Accessory Devices market can be segmented into Distal Access Catheters, Microcatheters, and Microguidewires. Distal Access Catheters led the Neurovascular Accessory Devices market in 2023. They are used during procedures to reinforce vessel walls. Distal Access Catheters are used in conjunction with microcatheters to provide additional support to the vessel walls, which prevents unwanted movement during interventional procedures.

Neurovascular Accessory Devices Market Analysis by Segments, 2023 (%)

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Neurovascular Accessory Devices Market Segmentation by Regions

The key regions in the Neurovascular Accessory Devices market are North America, Europe, Asia-Pacific, South Central America, and the Middle East and Africa. North America dominated the market in 2023. In North American Neurovascular Accessory Devices market is driven by growing demand for treatment devices such as embolization coils, flow diversion stents, liquid embolic systems, stent retrievers, and aspiration catheters.

Furthermore, North America is expected to experience a rapid increase in neurovascular procedures due to better patient outcomes and the efficiency of minimally invasive procedures. This will encourage growth in the neurovascular accessories market as well.

Neurovascular Accessory Devices Market Analysis by Regions, 2023 (%)

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Neurovascular Accessory Devices Market - Competitive Landscape

Some of the leading companies in the Neurovascular Accessory Devices market are Stryker Corp, Medtronic Plc, Penumbra Inc, MicroVention Inc, Asahi Intecc Co Ltd, Cerenovus, Balt SAS, Acandis GmbH & Co KG, Phenox GmbH, and PLS Minimally Invasive Interventional Medical Co., Ltd. Stryker Corp held the largest share of the Neurovascular Accessory Devices market in 2023.

Neurovascular Accessory Devices Market Analysis by Companies, 2023 (%)

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Segments Covered in the Report

Neurovascular Accessory Devices Segments Outlook (Value, $ Million, 2015-2033)

• Distal Access Catheters
• Microcatheters
• Microguidewires

Neurovascular Accessory Devices Regional Outlook (Value, $ Million, 2015-2033)

• North America
• Europe
• Asia Pacific
• South Central America
• Middle East and Africa

Key Inclusions

Key Inclusions of the market model are:

Currently marketed Neurovascular Accessory Devices and evolving competitive landscape –

– Insightful review of the key industry trends.

– Annualized total Neurovascular Accessory Devices market revenue by segment and market outlooks from 2015-2033.

– Granular data on total procedures, units, average selling prices, and market values by segment.

Global, Regional, and Country level market specific insights –

– Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.

– SWOT analysis for the Neurovascular Accessory Devices market.

– Competitive dynamics insights and trends provided for the Neurovascular Accessory Devices market.

Understand the market by getting the veritable big picture including an overview of the healthcare system. In addition, the market access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.

– Country-specific overview of the healthcare system.

– Country-specific reimbursement policies.

– Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered – Stryker Corp, Medtronic Plc, Penumbra Inc, MicroVention Inc, Asahi Intecc Co Ltd, Cerenovus, Balt SAS, Acandis GmbH & Co KG, Phenox GmbH, PLS Minimally Invasive Interventional Medical Co., Ltd, and Others.

Countries covered – United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for:

• CMO executives who must have a deep understanding of the Neurovascular Accessory Devices marketplace to make strategic planning and investment decisions.
• Sourcing and procurement executives must understand crucial components of the supply base to make decisions about supplier selection and management.
• Private equity investors who need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy

The model will enable you to –

• Understand the impact of COVID-19 on the Neurovascular Accessory Devices market.
• Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
• Develop business strategies by understanding the trends shaping and driving the Neurovascular Accessory Devices market.
• Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Neurovascular Accessory Devices market in the future.
• Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
• Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
• Track device sales in the global and country-specific Neurovascular Accessory Devices market from 2015-2033.
• Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.