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(EuropeNewsWire.Net, April 20, 2017 ) As per the syndicated report published by Market Data Forecast Europe Interventional Neurology Devices which is estimated to be USD 455.06 million in 2016 is poised to reach USD 693.76 million by 2021, at a CAGR of 8.80% from 2016 to 2021.
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It can be attributed to the factors such as growth in number of patients, technological advancements, favourable reimbursement policies, significant adoption of devices among neurosurgeons as well as rising R&D investments. However certain challenges like lack of skilled surgeons and stringent regulation policies must be dealt with to attain the full potential.
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Europe interventional Neurology market is forecasted to account for the second largest market share as a result of the favourable reimbursement scenario, advancements in technology and other factors mentioned. Thus, more and more companies have started taking interest in the market lately.
Europe Interventional Neurology Devices Market is a procedure referring to a specific form of endovascular procedure within spinal cavity, imaging guidance, within the vessels of the brain, special micro catheter, utilizing minimally invasive techniques, guide wire to treat stroke and various neurological disorders. Arteries weakening may lead to brain aneurysms and increase the risks of bleeding intracranially. Neurovascular disease is one of the main causes of disabilities in adults.
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Europe Interventional Neurology Devices Market is segmented based on technology, product and end-users as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Technology:
Embolization and Coiling
Micro support devices
Based on Product:
Based on End-Users:
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). As per the study France is poised to hold the major market share while Germany is the fastest growing market in this region.
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Stryker Corporation, Abbott Laboratories, Medtronic plc, Terumo Corporation, Penumbra Inc., Johnson & Johnson, Merit Medical Systems Inc., W. L. Gore & Associates Inc., Microport Scientific Corporation, and Medikit Co., Ltd are the major players operating in the Europe Interventional Neurology Devices Market. According to recent reports, Johnson & Johnson finalized the deal to buy Irish stroke care firm in a multimillion Euro deal.
The Interventional Neurology Devices market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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