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Global Neurovascular Stents Market 2017-2021

Global Neurovascular Stents Market 2017-2021

About Neurovascular Stents

A neurovascular stent is a small, flexible, tube-like device made of fabric supported by a metal mesh. It is used to treat several conditions in the brain such as stenosis formation in the blood vessels and ischemic stroke, and aneurysm. Neurovascular stents are segmented into two types based on product types such as carotid artery stents and intracranial stents. Carotid artery stents segment contributed for a major share of the market, and intracranial stents segment is expected to grow at a higher rate.

Technavio’s analysts forecast the global neurovascular stents market to grow at a CAGR of 13.02% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global neurovascular stents market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Neurovascular Stents Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of operating in this market.

Key vendors
  • Abbott Laboratories
  • Medtronic
  • Stryker
  • Terumo Medical
Other prominent vendors
  • Acandis
  • Blockade Medical
  • Codman Neurovascular (Johnson & Johnson)
  • Cordis
  • Gore Medical
  • InspireMD
  • MicroPort Scientific
  • STI Laser Industries
Market driver
  • High incidence rates of cerebral disorders and brain aneurysm.
  • For a full, detailed list, view our report
Market challenge
  • Complications associated with neurovascular stent procedures.
  • For a full, detailed list, view our report
Market trend
  • Growing research activities coupled with new product launches.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are in this market space?
  • What are the market opportunities and threats faced by the key vendors??
  • What are the strengths and weaknesses of the key vendors??


Press Release

Technavio Announces the Publication of its Research Report – Global Neurovascular Stents Market 2017-2021

Technavio recognizes the following companies as the key players in the global neurovascular stents market: Abbott Laboratories, Medtronic, Stryker, and Terumo Medical.

Other Prominent Vendors in the market are: Acandis, Blockade Medical, Codman Neurovascular (Johnson & Johnson), Cordis, Gore Medical, InspireMD, MicroPort Scientific, and STI Laser Industries.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growing research activities coupled with new product launches. The increasing research activities are expected to bring innovative products to the market thereby driving the adoption rates of neurovascular stents. For instance, the market has witnessed positive outcomes of the CREST on the use of stents for treating standard-risk procedures. Also, the growing focus of vendors to develop stents with new technology will drive the market growth in the future. For instance, the nitinol-based stents in the neurovascular space are developed for application to a support structure to embolic coil mass during the treatment of the intracranial aneurysms. Neuroform (Stryker) and Enterprise (Johnson & Johnson) stents are some of the popular stents in the market. Using the conventional stainless material technology, these stents could only be developed with minimum strut width of around 60 to 75 microns. Due to this, these stents have too large a pore size to provide adequate support to the coil mass. In the treatment of wide-neck aneurysms, these stents have limitations in their ability to secure the coil mass, thereby raising the risk of coil herniation into the parent artery. Therefore, research organizations and vendors have focused on developing advanced nitinol based stents to address those limitations.”

According to the report, one driver in market is growing use of nitinol-based neurovascular stents. The use of materials in stents plays an important role as they offer many advantages for the processes and support therapeutic devices. The nitinol alloy material (nickel and titanium) allows manufacturers to achieve unique characteristics in undergoing a phase transformation when subjected to temperature changes, external forces, and mechanical loading. Also, this material offers greater shape memory and provides superelasticity by retaining its structure after a significant strain deformation. Nitinol, when compared to other materials such as stainless steel and polymers, provides excellent biocompatibility, recovering elongation, visibility, and radiopacity (radiodensity) under X-ray fluoroscopy. For instance, self-expandable nitinol stent is placed inside a narrowed carotid artery, which passes blood to the brain, to improve the flow of the blood and prevent the artery from collapsing after the procedure. Self-expanding stents eliminate the requirement for high-pressure expansion making nitinol ideal for neurovascular stents. Some of the few players that offer nitinol based stents include Stryker, Medtronic, and MicroPort Scientific.

Further, the report states that one challenge in market is complications associated with neurovascular stent procedures. A wide range of neurovascular applications provides effective results for stroke, stenosis, malformation, and brain aneurysm disease. The risks involved in the management of these diseases are very complex. The lack of skilled neurosurgeons to perform complicated neuro-endovascular procedures, the lack of standardized training guidelines and the complexity of procedures such as cerebral artery bypass and aneurysm stenting may lead to surgical complications such as bleeding and rupturing during neurovascular stents. Patients undergoing minimally invasive valve surgeries have shown post-procedural complications such as thrombosis, chronic inflammation, and in-stent restenosis. Also, patients in need of prolonged dual antiplatelet therapy face the risk of bleeding, and this increases the financial and psychological burden on patients.

Companies Mentioned

Abbott Laboratories, Medtronic, Stryker, Terumo Medical, Acandis, Blockade Medical, Codman Neurovascular (Johnson & Johnson), Cordis, Gore Medical, InspireMD, MicroPort Scientific, and STI Laser Industries.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Neurovascular diseases: An overview
      • Table Neurovascular diseases percentage breakdown based on number of cases 2014
      • Table Neurovascular disease: New techniques and technologies
  • Market landscape
    • Market overview
      • Table Snapshot of global neurovascular stents market
      • Table Global neurovascular stents market: Opportunity analysis
      • Table Global neurovascular stents market 2016-2021 ($ millions)
      • Table Global neurovascular stents market analysis: Developed and emerging markets
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Table Global neurovascular stents market segmentation by product type 2016 and 2021 (%)
    • Table Global neurovascular stents market segmentation by product type 2016
    • Table Global neurovascular stents market segmentation by product type 2016: Growth lifecycle analysis
    • Carotid artery stents
      • Table Global carotid artery stents market 2016-2021 ($ millions)
    • Intracranial stents
      • Table Global intracranial stents market 2015-2020 ($ millions)
      • Table Global neurovascular stents market segmentation by product type 2016-2021 ($ millions)
      • Table Global neurovascular stents market segmentation by product type 2016-2021 (%)
  • Market segmentation by end-user
    • Table Global neurovascular stents market segmentation by end-user 2016
    • Hospitals
    • ASCs
  • Geographical segmentation
    • Table Global neurovascular stents market by geography 2016 and 2021 (%)
    • Table Global neurovascular stents market by geography 2016
    • Table Global neurovascular stents market by geography 2016: Growth lifecycle analysis
    • Neurovascular stents market in Americas
      • Table Neurovascular stents market in Americas: Overview
      • Table Neurovascular stents market in Americas 2016-2021 ($ millions)
    • Neurovascular stents market in EMEA
      • Table Neurovascular stents market in EMEA: Overview
      • Table Neurovascular stents market in EMEA 2016-2021 ($ millions)
    • Neurovascular stents market in APAC
      • Table Neurovascular stents market in APAC: Overview
      • Table Neurovascular stents market in APAC 2016-2021 ($ millions)
      • Table Global neurovascular stents market segmentation by geography 2016-2021 ($ millions)
      • Table Global neurovascular stents market segmentation by geography 2016-2021 (%)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Some of the nitinol neurovascular stents in the market
      • Table Comparison of nitinol versus stainless steel
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Growing research activities coupled with new product launches
    • Growing focus on the development of biodegradable stents
    • Growing M&A
      • Table Major M&A
    • Rise in awareness
  • Vendor landscape
    • Competitive scenario
      • Table Competitive structure analysis of global neurovascular stents market 2016
      • Table Market share of global neurovascular stents market 2016
      • Table Market penetration of various manufacturers of global neurovascular stents market 2016
      • Table Strategic success factors of companies in global neurovascular stents market
    • Key news
    • M&A
  • Key vendor analysis
    • Abbott Laboratories
      • Table Abbott Laboratories: Key highlights
      • Table Abbott Laboratories: Strength assessment
      • Table Abbott Laboratories: Strategy assessment
      • Table Abbott Laboratories: Opportunity assessment
    • Medtronic
      • Table Medtronic: Key highlights
      • Table Medtronic: Strength assessment
      • Table Medtronic: Strategy assessment
      • Table Medtronic: Opportunity assessment
    • Stryker
      • Table Stryker: Key highlights
      • Table Stryker: Strength assessment
      • Table Stryker: Strategy assessment
      • Table Stryker: Opportunity assessment
    • Terumo Medical
      • Table Terumo Medical: Key highlights
      • Table Terumo Medical: Strength assessment
      • Table Terumo Medical: Strategy assessment
      • Table Terumo Medical: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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