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Analysis of the US Neurovascular Intervention Market
Date:9/17/2013

t is essentially a monopoly as the Food and Drug Administration (FDA) has placed the only product available under very restricted use for fewer than X patients in the US.
  • Ischemic stroke patients had been previously underserved with only one treatment option; thus, companies are now eager to develop and introduce stent retrievers to the US market with a large patient base and high growth potential.
  • The overall US neurovascular intervention market is very concentrated with only a few large manufacturers because of high barriers to entry, most notably the X(k) clearance required from the US FDA.
  • CEO’s Perspective

    1. Rising ischemic stroke prevalence represents a largely unpenetrated market for solution providers.
    2. Shorter recovery time for products like liquid embolics is an attractive option for hospitals looking to cut costs.
    3. Growth through mergers and acquisitions is a growing trend to acquire niche technologies.
    4. Published data on new clinical trials will motivate physicians and surgeons to use new methods of treatment.
    5. Flow diversion devices are a looming threat to the coils market, due to their benefits in wide-neck aneurysms.

    Definitions

    • This market research covers products on the market, products in development, and units, price, and revenue forecasts. Market challenges, including drivers and restraints, are identified and assessed.
    • Units used in the study include:
    • Number of units: This indicates the number of individual units used in surgery.
    • Prices are represented in US dollars. The price is represented as the average selling price (ASP) based on the prices of various units listed by respective manufacturers.
    • Revenue is represented in US dollars. Revenue is a product of the number of units and ASP in a year.
    • ‘N’ for market share represents the revenue for a given market
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