Chinese and Indian Markets for Neurovascular Devices 2010 – MedCore
The Chinese medical system does not provide coverage to large portions of the population due to both financial constraints and access to hospitals in rural areas. Some of the population also uses private medical coverage. Neurovascular procedures are more expensive than surgical methods and are often paid for with private coverage. The Chinese market for neurovascular devices is mature, and many physicians are trained to perform neurovascular procedures. The Indian medical system does not cover most of the population, who either rely on private medical coverage or go without. Neurovascular procedures are considerably more expensive than surgical options, thus many patients cannot afford neurovascular procedures. For patients who are able to afford the procedure, there is the further issue of a lack of trained physicians. Neurovascular procedures require specialized training and are performed by less then 50 physicians in India.
- Year: 2010
- Scope: 2006-2016
- Region: Asia-Pacific
- Published Date: 11/01/2010
- Pages: 111
- Type: MedCore
The total Chinese and Indian markets for neurovascular devices were valued at over $168 million in 2009, an increase of 7.5% over 2008. The market includes:
Bare platinum detachable coils,
Coated detachable coils,
Neurovascular catheters and
Growth in this market is driven by the continuing acceptance of endovascular techniques. This report provides a comprehensive and detailed analysis of market revenues by device type, market forecasts through 2016, unit sales, average selling prices, market drivers and limiters and a detailed competitive analysis, including manufacturer market shares and product portfolios.
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