|[December 17, 2012]
Research and Markets: Global Neurovascular Intervention Devices Market 2011-2015 with Covidien plc, Codman and Shurtleff Inc Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/hk4ddd/global)
has announced the addition of the "Global
Neurovascular Intervention Devices Market 2011-2015" report to
TechNavio's analysts forecast the Global Neurovascular Intervention
Devices market to grow at a CAGR of 11.25 percent over the period
2011-2015 One of the key factors contributing to this market growth is
the huge patient population with various neurological disorders. The
Global Neurovascular Intervention Devices market has also been
witnessing the trend of an increase in mergers and acquisitions.
However, the high cost of neurovascular intervention treatment could
pose a challenge to the growth of this market.
Thekey vendors dominating this market space are Covidien plc, Codman
and Shurtleff Inc., Stryker Corp., and Terumo Medical Corp.
The other vendors mentioned in the report are Gore Medical, ITGI Medical
Ltd., Neuro Interventional Therapeutics Inc., and Medtronic Inc.
Commenting on the report, an analyst from TechNavio's Healthcare team
said: ''The Global Neurovascular Intervention Devices market is
witnessing an increase in mergers and acquisitions. Vendors are opting
for mergers and acquisitions to increase their global presence and
expand their product portfolio, as well as to achieve economies of scale
in the manufacturing of products. Vendors can focus better on product
innovation and increase their profit margins by collaborating with each
other. Thus, mergers and acquisitions enable companies to expand their
global customer base and their portfolio of products and solutions. This
is fuelling the growth of the Global Neurovascular Intervention Devices
According to the report, worldwide, the incidence of vascular diseases
of the brain has been on the rise. In the last decade, people have
become more prone to cerebrovascular diseases because of several risk
factors such as unhealthy dietary habits, lack of exercise as a result
of hectic lifestyles, the increase in smoking, the high prevalence of
hypertension, high blood pressure, high blood cholesterol or
triglyceride levels, and other health issues such as obesity and stress.
The huge patient population with various neurological disorders presents
immense growth opportunities for the market.
For more information visit http://www.researchandmarkets.com/research/hk4ddd/global
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