Metal Neurovascular Stent Market Size by Type, segmentation, growth and forecast 2023-2030
Metal Neurovascular Stent Market
The Metal Neurovascular Stent Market is expected to grow from USD 1.60 Billion in 2022 to USD 2.90 Billion by 2030, at a CAGR of 8.00% during the forecast period.
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Metal Neurovascular Stent Market Size
A metal neurovascular stent is a medical device used to treat abnormalities or blockages in the blood vessels of the brain. The market research report for this industry segments the market based on type (carotid artery stents and intracranial stents), application (hospitals, ambulatory surgical centers, and others), and region (North America, Asia Pacific, Middle East, Africa, Australia, and Europe), and includes market players such as Abbott Laboratories, Gore Medical, Terumo Medical, Johnson & Johnson, Medtronic, Acandis, Stryker, MicroPort Scientific, and Cordis. Regulatory and legal factors specific to market conditions are also addressed in the report.
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Metal Neurovascular Stent Market key players
Abbott Laboratories
Gore Medical
Terumo Medical
Johnson & Johnson
Medtronic
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Metal Neurovascular Stent Market Segment
One of the latest trends followed by the Metal Neurovascular Stent market is the use of advanced materials such as nitinol, a nickel-titanium alloy. Nitinol is known for its unique shape memory and superelastic properties, making it an ideal material for stent production. Additionally, manufacturers have shifted their focus towards developing self-expandable stents that offer more efficient and precise treatment options for cerebral aneurysms.
Despite the market's rapid growth, the Metal Neurovascular Stent market faces several challenges. One of the major challenges is the high cost of the devices, making it unaffordable for many patients. Additionally, the lack of skilled professionals and advanced healthcare infrastructure in developing countries can hinder market growth.
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Metal Neurovascular Stent Market Key Applications
Hospitals
Ambulatory Surgical Centers
Others
Metal Neurovascular Stent Market Type Covered
Carotid artery stents
- Intracranial stents
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