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Neurovascular Catheters Market

Neurovascular catheters are utilized for intercessions in the mind and intracranial spaces to perform neurovascular medical procedures. Catheters utilized for these medications are planned explicitly, as neurovascular organs are touchy and catheter disappointment or flaw can bring about vessel harm and hole. Certain benefits offered by these catheters like negligible attack, simple admittance to intracranial spaces, and improvement of complex cycles attributable to progresses in plan of catheters are relied upon to support the appropriation and hence drive the neurovascular catheters market patterns in later years. With the progressions in catheter materials and plans, alongside the accessibility of negligibly intrusive innovations, patients with neurovascular issues are starting to encounter diminished expenses, torment, and recuperation time.

Hemorrhage or strokes are the aftereffects of harmed, obstructed or harmed veins, which can cause draining or dissemination issues in the mind. Open or insignificantly invasive careful methods are utilized for the treatment of the obstructed veins of the cerebrum. Negligibly invasive endovascular medical procedure methods are liked for the maintenance of an infrarenal stomach aortic aneurysm. Microcatheters, combined with the other progressed methods, are liked for the treatment of different neurovascular conditions, like aneurysms, stroke, and other vein conditions. High rate of neurovascular diseases, coupled with the improving medical infrastructure and facilities are likely to aid in expansion of the overall market in the future.

Global Neurovascular Catheters Market: Overview

A catheter is a tube-shaped medical device which is inserted into body cavities for diagnostic or therapeutic purposes. A neurovascular catheters is used to drain or withdraw unwanted fluid from neurovascular organs (brain, carotid artery, intracranial spaces, etc.), administer medications to the neurovascular organs, and diagnose several neurovascular diseases (brain aneurysms, carotid artery disease, etc.).

The global neurovascular catheters market is driven by prevalence of neurovascular disorders, neurovascular disease diagnosis and treatment rate, competitive scenario of the key players, pricing strategy, and global regulatory scenario. The neurovascular catheters market is likely to face challenges such as biocompatibility of catheters, risk of catheter blockage in the neurovascular organs, and detachment of coating from the catheter. R&D investments and technological advancements are likely to boost the growth of the global neurovascular catheters market.

Global Neurovascular Catheters Market: Key Segments

Based on catheter type, the global neurovascular catheters market can be segmented into microcatheter, balloon catheter, access catheters, embolization catheters, and others. In terms of material, the global neurovascular catheters market can be classified into fluorinated ethylene propylene, liquid crystal polymer, nylon, polyether block amide, polyether ether ketone, and others. The neurovascular catheter is primarily used to prevent embolic stroke. Based on application, the global neurovascular catheter market can be categorized into neurovascular embolic stroke, aneurysms, vertebral and sinus fistulas, arterial vasospasm, and others. In terms of end-user, the global neurovascular catheters market can be divided into hospitals, ambulatory surgical centers, independent clinics, and others.

Geographically, the global neurovascular catheters market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to the Centers for Disease Control and Prevention (CDC), approximately 9 per 100,000 persons per year are affected with brain aneurysms in the U.S. Over 10 per 100,000 people per year suffer from brain aneurysm in Europe. Apart from brain aneurysms, stroke is one of the leading causes of death in North America and Europe. According to the American Stroke Association, nearly 800,000 people suffer and 130,000 million people die from stroke in the U.S. each year. Incidence of stroke in Europe is higher than in North America. According to the World Health Organization (WHO), around 1 million people suffer and 150,000 million people die from stroke in Europe each year. North America and Europe held significant shares of the global neurovascular catheters in 2016, owing to high rate of neurovascular diseases in the regions, high diagnosis and treatment rate of neurovascular disorders, developed medical infrastructure, and availability of advanced neurovascular catheters. Asia Pacific is anticipated to hold the third largest share of the global neurovascular catheters market. The neurovascular catheters market in the region is expected to expand at the fastest CAGR during the forecast period due to large neurovascular patient pool, high diagnostic and treatment rate of neurovascular disorders, rise in adoption of neurovascular catheters, and presence of local players. Latin America and Middle East & Africa are expected to be small markets for neurovascular catheters during the forecast period.

Global Neurovascular Catheters Market: Key Players

Prominent players in the global neurovascular catheters market include Stryker, Medtronic (a Johnson and Johnson company), Integer Holdings Corporation, DePuy Synthes (a Johnson and Johnson company), Integra LifeSciences Corporation, Biomerics, Zeus Industrial Products, Inc., RAUMEDIC AG, and Concentric Medical, Inc.

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Neurovascular Catheters Market

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