Market Challenges And Opportunities
Restraints & Challenges: |
- Product recall
- Misdiagnosis or delay diagnosis of brain aneurysms to limited device demand
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Global Neurovascular Devices Market: Restraints
Misdiagnosis or delay diagnosis of brain aneurysms to limit the device demand
- There are many cases of delay in diagnosis of brain aneurysms which can hamper the market growth over the forecast period. For instance, according to data provided by Brain Aneurysms Foundation, in August 2022, in the U.S. almost one of every four patient with brain aneurysms was misdiagnosed or delayed in diagnosis. The rate of delay in diagnosis is higher in developing countries such as India and China.
- The delay in diagnosis can hamber the growth of market, if the patient with brain aneurysms provided access with regular treatment and diagnosis can reduced the misdiagnosis rate and helps to increased the market growth
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