Interventional neurology is a branch of neurosurgery that focuses on the use of endovascular procedures to treat nervous system disorders. Angiography, stent placement, cerebral thrombectomy, and other procedures are all part of the practice. An Interventional Neuroradiologist does interventional neurology. Interventional Neurology is a branch of neurology that uses catheters and radiology to diagnose and treat chronic disorders of the central nervous system (e.g., treatment for aneurysms). It normally involves minimally invasive techniques. Instead of performing open surgery, interventional neurologists diagnose and cure diseases by viewing them from various angles. To ensure precise medical procedures on the patient, advanced radiological imaging and 3D technology are used.
Market Dynamics
Increasing technological advancements and use of artificial intelligence in interventional neurology is expected to drive market growth over the forecast period. For instance, in November 2021, Viz.ai, Inc., a medical imaging company, introduced its cerebral aneurysm detection platform, Viz ANX, at the Society of Vascular and Interventional Neurology annual meeting. The new technology uses artificial intelligence (AI) to detect and alert care providers of newly identified aneurysms on computed tomography (CT) angiography. Viz ANX was developed to help in the quick identification of patients with cerebral aneurysms so that they could receive the right follow-up treatments to prevent a serious rupture or hemorrhage.
Moreover, increasing establishment of new facilities providing interventional radiology services is expected to drive market growth over the forecast period. For instance, in May 2022, Community Care Physicians PLLC (CCP), Capital District Physicians' Health Plan, Inc. (CDPHP), and Columbia Development Companies started to construct a new facility that would be the new headquarters for CCP and CDPHP in Colonie, a town in New York, United States. CCP specialties would include internal medicine, family medicine, medical imaging, radiation oncology, interventional radiology, general surgery, and endoscopy care, among others.
Key features of the study:
- This report provides in-depth analysis of the global interventional neurology market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global interventional neurology market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Penumbra, Inc., Medtronic, Stryker, Terumo Corporation, Johnson & Johnson Services, Inc., Boston Scientific Corporation, MicroPort Scientific Corporation, Merit Medical Systems, W. L. Gore & Associates, Inc., Abbott, Cook, and Palex Medical
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global interventional neurology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts1
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global interventional neurology market
Detailed Segmentation:
- Global Interventional Neurology Market, By Product Type:
- Embolic Coils
- Stents
- Embolic Protection Devices
- Flow Diverter Devices
- Stent Retrievers
- Revascularization Device
- Guide Sheaths
- Neck Reconstruction Device
- Catheters
- Others
- Global Interventional Neurology Market, By Application:
- Cerebral Aneurysm
- Subarachnoid Hemorrhage (SAH)
- Ischemic Strokes
- Extracranial & Intracranial Atherosclerosis
- Head and Neck Tumors
- Others
- Global Interventional Neurology Market, By Technique:
- Angioplasty
- Coil Embolization
- Embolectomy
- Stenting
- Thrombectomy
- Others
- Global Interventional Neurology Market, By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Global Interventional Neurology Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Region/Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Penumbra, Inc.
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Medtronic
- Stryker
- Terumo Corporation
- Johnson & Johnson Services, Inc.
- Boston Scientific Corporation
- MicroPort Scientific Corporation
- Merit Medical Systems
- L. Gore & Associates, Inc.
- Abbott
- Cook
- Palex Medical
“*” marked represents similar segmentation in other categories in the respective section.