Neurosurgical, Neurovascular Device Market to Grow 6% Annually

The market for specialized devices used for neurosurgical and neurovascular treatments will grow to $240 million by 2016, according to data analysis Millennium Research Group.

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This market is expected to grow six percent annually, driven largely by an aging population in the United States that will suffer an increasing incidence of conditions such as stroke, cerebral aneurysms and intracranial atherosclerosis disease. Hydrocephalus shunts will generate the largest portion of revenues in this market and will grow the fastest through 2016.

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