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Neurointerventional devices are medical devices used in the field of neurointerventional radiology to diagnose and treat various conditions affecting the blood vessels of the brain and spinal cord. These devices are designed to access the blood vessels through minimally invasive procedures, such as catheterization, and deliver targeted treatments directly to the affected areas. Some common interventional treatments include embolization, thrombectomy, angioplasty, and stenting. The strategies such as product launch and acquisition adopted by key players are expected to drive the growth of the market.
In March 2023, Johnson & Johnson, an American multinational company, announced the launch of new CEREPAK Detachable Coils in the U.S. The CEREPAK Detachable Coils offer three shapes and multiple coil sizes, providing physicians with comprehensive options to embolize brain aneurysms, including coils shaped, specifically to achieve concentric aneurysm filling and contribute large volumetric filling. In June 2023, BIOTRONIK, a leading medical devices company, announced the limited release of its Oscar (One Solution: Cross. Adjust. Restore) multifunctional peripheral catheter.
In April 2022, Integer Holdings Corporation, a leader in advanced medical device outsourcing, announced the acquisition of Connemara Biomedical Holdings Teoranta, including its acquisition transferred ownership of Aran Biomedical and Proxy Biomedical to Integer Holdings Corporation. Aran Biomedical and Proxy Biomedical were operating subsidiaries of Connemara Biomedical Holdings Teoranta. The acquisition with Aran Biomedical further increases Integer’s ability to offer complete solutions for complex delivery and therapeutic devices in high-growth cardiovascular markets such as structural heart, neurovascular, peripheral vascular, and endovascular as well as general surgery.