Thailand Neurovascular Devices/Interventional Neurology Market Forecast 2023-2030

Thailand Neurovascular Devices/Interventional Neurology Market Forecast 2023-2030

KEY FINDINGS

The Thailand neurovascular devices/interventional neurology market is projected to rise with a CAGR of 6.23% during the forecast years. The country’s market growth is fuelled by the increasing geriatric population as well as the surging rates of Alzheimer’s disease. The base year considered for the studied market is 2022, and the forecasting period is between 2023 to 2030.

MARKET INSIGHTS

Stroke poses a major health burden in Thailand, ranking as the leading cause of death and long-term disability in both men and women. Its prevalence is estimated to be 1.88% among adults aged 45 and older, with a higher incidence in men and an average onset age of 65 years. These compelling factors are poised to drive further expansion in the neurovascular disorder treatment market in Thailand. As the demand for specialized care and advanced treatments increases, the country’s healthcare sector will play a crucial role in addressing the challenges posed by these neurological conditions.

Alzheimer’s disease is becoming increasingly prevalent in Thailand, impacting approximately 3-5% of the population, with dementia-related deaths accounting for 5.13% of total mortality. Future projections indicate that by 2030, the number of Alzheimer’s patients in Thailand will soar to 1,117,000. This alarming trend is fueling a substantial surge in the demand for effective treatments to address this neurodegenerative disorder. Thus, such factors are set to bolster the Thailand neurovascular devices/interventional neurology market growth over the forecast period.

COMPETITIVE INSIGHTS

Leading enterprises operating in the market include Johnson & Johnson (Cerenovus), Balt, 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