Neuro-interventional Devices MarketSize and Trends
Global neuro-interventional devices market is estimated to be valued at US$ 2.44 Bn in 2023, and is expected to exhibit a CAGR of 5% during the forecast period (2023-2030).
Global Neuro-interventional Devices Market Trends
- Increasing number of company acquisitions by key market players : Increasing number of acquisitions/mergers by the market players is expected to boost the market growth over forecast period. For instance, in April 2022, Wallaby Medical, a global medical technology company that focuses on developing and commercializing neurovascular interventional products, merged with phenox GmbH, a Germany based medical technology company. As a result, the merged business will be able to lead worldwide in offering a comprehensive range of neurovascular technology and solutions to its customers and patients everywhere, including in the U.S., China, Europe, Japan, and other foreign markets.