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According to this new report, the global neurovascular intervention market is estimated to be valued at US$ 4.5 billion in the year 2027, growing at a CAGR of 9.42% in the period 2020 to 2027. Growth of the market is driven by the prevalence of cerebrovascular diseases and neurovascular disorders, favourable reimbursement policies and expanding healthcare infrastructure.
Neurovascular intervention is an approach for the treatment of neurological disorders and neurovascular diseases that affects the central nervous system. It is also used for the treatment of associated blood vascular systems using minimally invasive procedures. Neurological medical devices have been broadly classified into Neuro-stimulation Devices, Interventional Devices, Cerebral Spinal Fluid (CSF) Management Devices and Neurosurgery Devices.