PUBLISHER: Inkwood Research | PRODUCT CODE: 1329830
PUBLISHER: Inkwood Research | PRODUCT CODE: 1329830
The Europe neurovascular devices/interventional neurology market is evaluated to grow with a CAGR of 5.01% during the forecast years of 2023 to 2032. The geriatric population's high susceptibility to neurological illnesses, like strokes and vascular disorders, as well as the advent of teleconsultation and telemedicine services, especially in underserved or rural areas, are among the top factors fueling the market growth of the region.
The Europe neurovascular devices/interventional neurology market growth evaluation covers the study of the United Kingdom, Spain, Poland, Belgium, Germany, France, Italy, and Rest of Europe. The French government has taken significant strides in addressing specific neurological conditions, such as epilepsy, Alzheimer's disease, and Parkinson's disease, through various national initiatives. These initiatives aim to advance research, diagnosis, and therapy for these disorders while also providing support to patients as well as their families.
A key endeavor is the upcoming Booster Program, including the NeuroTechnologies Program, set to be launched by Inserm in France in 2023. The government has also allocated substantial funding to drive brain research, encompassing basic neuroscience research, translational research, and clinical trials. Furthermore, the French government supports the National Multidisciplinary Consortium for 119 Certified Research Teams in Autism and Neurodevelopmental Disorders as part of its commitment to the National Autism and Neurodevelopmental Disorders Strategy. Patients with neurological conditions receive essential services, with a focus on improving functional outcomes and quality of life through funding for neurorehabilitation facilities and programs. Hence, such factors are set to propel the region's market growth during the forecast period.
Some of the main companies operating in the market are: Phenox Inc, Acandis GmbH, etc.