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What fueled the previous growth in the interventional neuroradiology market?

In recent times, the interventional neuroradiology market has demonstrated robust growth. The market is projected to expand from $1.94 billion in 2024 to $2.06 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. This notable growth in the past years is due to factors such as increased adoption of catheter-based interventions, improvements in healthcare infrastructure, a surge in hypertension and diabetes cases, and the widening scope of telemedicine.

What will be the interventional neuroradiology market size in the future?

In the forthcoming years, the interventional neuroradiology market is forecasted to experience substantial growth, reaching $2.61 billion in 2029 with a compound annual growth rate (CAGR) of 6.0%. This predicted growth over the next few years can be ascribed to factors such as the introduction of liquid embolic agents, the pervasiveness of endovascular treatment methodologies, increased utilization of mechanical throbectomy, the escalating dependence on detachable embolic coils, and the rising implementation of bioresorbable scaffolds. During the forecast period, the market is set to see significant trends including advancements in navigation systems, the development of radiolucent support instruments, the integration of artificial intelligence in neuroimaging technology, the optimization of thrombectomy devices, and the application of artificial intelligence in interventional appliances.

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What main drivers are fueling expansion in the interventional neuroradiology market?

The rise in the number of neurological disorders is predicted to drive the expansion of the interventional neuroradiology market. Neurological disorders, which can affect the brain, spinal cord, or peripheral nerves, can result in impairments to movement, sensation, cognitive abilities, or communication. Factors such as an aging global population, which are more likely to develop age-related conditions like Alzheimer’s, and improved diagnostic technologies that allow for earlier and more precise detection, are leading to increased prevalence of such disorders. Interventional neuroradiology is increasingly being used to diagnose and treat a variety of neurological conditions, including aneurysms, strokes, and arteriovenous malformations, by using minimally invasive, image-guided techniques. For example, Alzheimer’s Research UK, a charity dedicated to dementia research, reported in May 2023 that dementia was the primary cause of death in the UK in 2022, causing over 74,000 deaths (11.3% of all deaths), up by 5,000 from 2021. Therefore, the increase in neurological disorders is fueling the expansion of the interventional neuroradiology market.

What key areas define the segmentation of the global interventional neuroradiology market?

The interventional neuroradiology market covered in this report is segmented –

1) By Device Type: Microcatheters, Neurovascular Embolization And Coiling Assist Devices, Embolic Coils, Flow Diversion Devices, Liquid Embolic Agents, Accessories, Micro Guidewires

2) By Disease: Cerebral Aneurysms, Intra-Cranial Tumors, Acute Strokes, Other Diseases

3) By End Users: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers

Subsegments:

1) By Microcatheters: Single-Lumen Microcatheters, Dual-Lumen Microcatheters, High-Flow Microcatheters

2) By Neurovascular Embolization And Coiling Assist Devices: Coiling Assist Devices, Embolization Assist Devices

3) By Embolic Coils: Soft Coils, Stiff Coils, Detachable Coils

4) By Flow Diversion Devices: Stent-Based Flow Diversion Devices, Non-Stent-Based Flow Diversion Devices

5) By Liquid Embolic Agents: Polymer-Based Liquid Embolic Agents, Gel-Based Liquid Embolic Agents, Onyx Liquid Embolic Agents

6) By Accessories: Guide Catheters, Sheath Introducers, Vascular Access Devices

7) By Micro Guidewires: Hydrophilic Micro Guidewires, Pushable Micro Guidewires, Coated Micro Guidewires

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Who are the dominant players expanding their reach in the interventional neuroradiology market?

Major companies operating in the interventional neuroradiology market are Bayer HealthCare, Abbott Laboratories, Medtronic PLC, Siemens Healthineers AG, Fujifilm Corporation, Philips Healthcare, Stryker Corporation, GE Healthcare Life Sciences, Boston Scientific Corporation, Terumo Corporation, Canon Medical Systems Corporation, W. L. Gore & Associates Inc., Teleflex Incorporated, Cook Medical LLC, Biotronik SE & Co. KG, Merit Medical Systems Inc., MicroPort Scientific Corporation, Penumbra Inc., Guerbet Group, Mediterra LLC, Acandis GmbH, Medico’s Hirata Inc.

What are the key trends shaping the future of the interventional neuroradiology market?

Major companies operating in the interventional neuroradiology market are focusing on developing technologically advanced solutions, such as head immobilizers designed to enhance imaging quality and patient safety during interventional radiology and neuroradiology procedures. A head immobilizer is a medical device designed to temporarily render a patient’s head and neck immovable, primarily to ensure safety and stability when there is a suspected head or spinal injury. For instance, in June 2023, Adept Medical, a New Zealand-based medical devices manufacturing company, launched a new head immobilizer, designed to enhance patient comfort and imaging quality during interventional radiology and neuroradiology procedures. This innovative device features vacuum suction technology for secure head fixation, a radiolucent design that minimizes interference with X-ray imaging, and compatibility with various imaging tables. Its quick setup process streamlines workflows, while its ability to accommodate different head shapes ensures patient comfort.

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Which regions are emerging as leaders in the interventional neuroradiology market?

North America was the largest region in the interventional neuroradiology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interventional neuroradiology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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