Interventional Neurology Market, By Product Type (Embolic Protection Devices, Stents, Embolic Coils, Flow Diverter Devices, Stent Retrievers, Revascularization Device, Guide Sheaths, Neck Reconstruction Device, Catheters, and Others), By Application (Cerebral Aneurysm, Subarachnoid Hemorrhage, Ischemic Strokes, Extracranial & Intracranial Atherosclerosis, Head and Neck Tumors, and Others), By Technique (Angioplasty, Coil Embolization, Embolectomy, Stenting, Thrombectomy, and Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Dec 2024

Code : CMI56

Pages :156

Formats :

Excel and PDF

Industry : Medical Devices

Regional Analysis

Interventional Neurology Market Regional Insights

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North America Interventional Neurology Market Trends

In North America, the dominance in the interventional neurology market with a share of 35.4% in 2024 can be attributed to factors such as the strong presence of leading medical device companies, robust healthcare infrastructure, and supportive government policies that encourage R&D and adoption of advanced medical technologies. Furthermore, the region's favorable reimbursement policies make critical and life-saving neurology procedures more affordable.

Asia Pacific Interventional Neurology Market Trends

The Asia Pacific region exhibits the fastest growth with a share of 27.2% in 2024, driven by growing healthcare expenditure, rising awareness about neurological disorders, and increasing investments by both public and private players to strengthen regional healthcare systems. Rapid economic expansion in countries such as China and India is further facilitating market growth in the region.

Interventional Neurology Market Outlook for Key Countries

U.S. Interventional Neurology Market Trends

The U.S. interventional neurology market continues to hold a significant share due to the large patient population and high prevalence of Parkinson's are expected to drive the market growth. According to a January 2022 update from the Parkinson's Foundation, nearly one million people in the United States were living with Parkinson's disease (PD), a number projected to reach 1.2 million by 2030.

China Interventional Neurology Market Trends

The China interventional neurology market is expanding rapidly due to increasing healthcare expenditure and a growing aging population. The National Health Commission in April 2023, reported a 10% increase in healthcare spending in 2022, which is expected to enhance access to advanced neurology treatments.

India Interventional Neurology Market Trends

India interventional neurology market held a significant share in 2024, driven by its rapidly aging population, leading to increased cases of neurological conditions such as Parkinson’s disease, stroke, and Alzheimer’s. Apollo Hospitals in Chennai, India launched the Apollo Stroke Network on October 31, 2023, to enhance timely intervention in stroke cases. Additionally, advancements in robotics, minimally invasive procedures, AI-powered diagnostics, and personalized medicine are creating new opportunities for innovative neurology devices.

Japan Interventional Neurology Market Trends

Japan interventional neurology market benefits from a high incidence of dementia, Additionally, the World Alzheimer Report released in September 2022 indicates that in Japan, 43% of individuals with mild dementia, 67% with moderate dementia, and 90% with severe dementia reside in institutional settings. This substantial burden of neurological diseases is expected to drive demand for neurology devices, thereby propelling market growth.