Strokes are the leading causes of death in China due to growing incidence rate driven by old age Chinese population. China has large stroke patient’s population, around 14.8 Million in 2019. Recent developments in neuro-interventional device industry, playing the major role for the fundamental shift from the traditional anticoagulant drug treatment and intravenous thrombolysis to the new neuro-interventional procedures with proven safety and significantly enhanced efficacy. MNG Tracker anticipated that China neuro-interventional medical device market will grow over 20 percent CAGR during the forecasting period 2022-2028 and likely to touch US$ 5,510 Million in 2028.
Neuro-interventional devices are utilized to treat a variety of different medical disorders, including transient ischemic attacks (TIA), cerebral artery stenosis, vertebral artery disease, compression fractures, and venous malformation of the neck and head. Embolic coils, flow diverters, neurovascular stents, support devices, aneurysm clips, aspiration devices, and support devices are examples of neuro-interventional devices that can be used during neurosurgery.
MNG Tracker report titled "China Neuro-interventional Device Market & Procedure Volume by Stroke Types (Ischemic, Hemorrhagic, Intracranial Stenosis), Market by Devices (Stent Retriever, Aspiration Catheter, Aspiration Pump, Balloon Guiding Catheter, Embolic Coil, Vascular Reconstruction Stent, Flow Diverter Stent, Carotid Stent, Balloon Dilatation Catheter, Drug-eluting Balloon, Drug-eluting Stent, Embolization Protection System, Others), Volume & Penetration Rate by Procedure Type (Stent Retriever, Aspiration, Stent Retriever + Aspiration, Aneurysm Coiling, Flow Diversion, Intracranial Stenosis Endovascular), by Company (Peijia Medical, Shanghai HeartCare Medical Technology, Zylox-Tonbridge Medical Technology, HeMo Bioengineering)” provides an all-encompassing insight of neuro-interventional device industry.
The objective of this study is to analyze China neuro-interventional device market by three prospective – volume & penetration by neuro-interventional procedure type, neuro-interventional device market and medical device company’s initiatives. Under the market section, we identifying the market growth potentials and market value by strokes types and marketed devices, growth drivers, challenges; whereas in company section our objectives are: to find out the key companies latest initiatives, company clinical trials and sales revenue in this market place.
By Procedure Types - China Neuro-interventional Device Volume & Penetration
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