China Neuro-interventional medical device market will grow to touch US$ 5,510 Million in 2028 Details
According to 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)” 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.
By Procedure Volume & Penetration Rate: Aneurysm coiling and stent retriever thrombectomy are the top two dominating procedure volume in china neuro-interventional device market
In this report, we have done a complete assessment of the China neuro-interventional device market based on procedure volume & penetration rate; stent retriever thrombectomy, aspiration thrombectomy, stent retriever + aspiration thrombectomy, aneurysm coiling, flow diversion, intracranial stenosis endovascular procedures. Aneurysm coiling and stent retriever thrombectomy are the top two dominating procedure volume in china neuro-interventional device market. In context of penetration rate, aneurysm coiling having the highest penetration rate in this market place.
Embolic Coil is the leading medical device in the China neuro-interventional device market
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 devices are studies in the China neuro-interventional device market report by MNG Tracker. Embolic Coil is the leading medical device in the China neuro-interventional device market. It controls over 28 percent of the total market alone in 2021.
Novel Coronavirus Pneumonia or COVID-19 Impact on China Neuro-interventional Device Market
Since early 2020, outbreak of Novel Coronavirus Pneumonia or COVID-19 continues to affect Mainland China, where key industry players conduct their business and engage in substantial pre-clinical studies and clinical trials. Although the pandemic caused delays in various aspects of their operations, including the patient enrollment process, data entry for certain of clinical trials in China and the supply of raw materials in the early 2020. The COVID-19 outbreak has caused temporary suspension of projects and shortage of labor and raw materials, which would severely disrupt operations and have a material adverse effect on the company’s business, financial condition and results of operations. MNG Tracker considered the effect of the COVID-19 pandemic on neuro-interventional device business to be relatively limited.