Asia-pacific Neurovascular Devices/Interventional Neurology Market Forecast 2023-2032

Asia-pacific Neurovascular Devices/Interventional Neurology Market Forecast 2023-2032

KEY FINDINGS

The Asia-Pacific neurovascular devices/interventional neurology market is evaluated to develop with a CAGR of 5.46% during the projection period of 2023 to 2032. Some of the leading factors augmenting the market growth of the region include a surge in the geriatric populace as well as the rising awareness about neurovascular interventions.

MARKET INSIGHTS

Indonesia, Thailand, Vietnam, Australia & New Zealand, China, Japan, India, South Korea, and Rest of Asia-Pacific are covered under the Asia-Pacific neurovascular devices/interventional neurology market growth assessment. In India, neurological illnesses account for a significant 10% of all diseases, contributing substantially to the country’s overall disease burden. The prevalence of neurovascular diseases is on the rise due to the lack of preventive strategies and unorganized stroke management. Moreover, established risk factors like burden, air pollution, high blood pressure, dietary hazards, and high body mass index are among the primary causes of neurological illnesses.

The market for endovascular treatment methods in India is witnessing remarkable growth, as well. The rapid adoption of endovascular coiling has further led to a transformation in interventional neuroradiology. While several government programs and initiatives are focused on reducing the prevalence of neurological illnesses in India, concerted efforts are needed to develop specialized neurology services in each state. Addressing the scarcity of skilled neurology professionals and enhancing early diagnosis and cost-effective management of these conditions are crucial steps to cope with the growing burden of neurological disorders in the nation. Hence, the aforementioned factors are projected to fuel the Asia-Pacific neurovascular devices/interventional neurology market growth.

COMPETITIVE INSIGHTS

Key firms operating in the market include Terumo Corporation, Kaneka Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments