Global Interventional Neurology Market: Restraint
The major factor that hinders growth of the global interventional neurology market include high cost of neurovascular surgical procedures and devices. For instance, according to an article published by the MAMC Journal of Medical Sciences, in March 2018, the cost of endovascular coiling of a cerebral aneurysm is usually determined by the number of catheters and coils utilized during the procedure. Studies showed a relatively higher cost of admission for endovascular coiling as compared to open surgery with regard to a comparable cerebral aneurysm. As a result, endovascular intervention is not always more cost effective than open surgery.
High incidence of stroke and brain aneurysms is expected to drive growth of the interventional neurology market
Increasing prevalence of neurological diseases such as strokes and brain aneurysms is expected to drive market growth over the forecast period. For instance, according to the Brain Aneurysm Foundation, a global foundation working towards brain aneurysm awareness, education, support, advocacy, and research funding, about 30,000 people in the U.S. suffer from brain aneurysm rupture every year
Interventional Neurology Market Report Snapshots
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