Global Intracranial Aneurysms Market Expected to Grow Significantly at a CAGR of 9.10% by 2027 | DelveInsight
According to DelveInsight analysis on the intracranial aneurysms market, the increase in the number of cases associated with abnormalities of blood vessels present in the brain such as aneurysms, arteriovenous malformations (AVMs) due to the increase in sedentary lifestyle among the population across the globe and the approval and launch of various intracranial aneurysm treatment devices are the factors likely to propel the intracranial aneurysm market.
by DelveInsight Intracranial Aneurysms Market Overview The report provides current and forecasted market, future device innovation, market shares of major individual companies, challenges, Intracranial Aneurysms market drivers, barriers and trends, and major Intracranial Aneurysms companies on the market.
An intracranial aneurysm or cerebral aneurysm is an abnormal focal dilation of a cerebral artery due to weakening of the inner muscle layer of a blood vessel wall. The vessel develops a “blister-like” dilatation that can thin and rupture without warning. The treatment of intracranial aneurysms mainly consists of two options: surgical clipping, and the other, less invasive than surgical clipping, is the endovascular treatment approach involving devices such as a flow diverter, intraluminal flow disruptor, a stent or coils.
Intracranial Aneurysms Market Overview
Geographically, the global Intracranial Aneurysms Market is studied across North America, Europe, Asia Pacific and Rest of the World. In terms of revenue share, North America currently leads the global intracranial aneurysms market and is expected to maintain its position in the market during the study period. This dominance is due to the exponential increase in the prevalence of the target population in the region.
In addition, strategic business activities and product approval in the region for the expansion of the intracranial aneurysm market would also boost the regional market. Thus, increasing number of aneurysm cases and expanding intracranial aneurysm treatment device market in the region are expected to increase the intracranial aneurysm market.
To learn more about why North America is leading in intracranial aneurysms market growth, get an overview of the report Intracranial Aneurysms Market
Recent developments in intracranial aneurysms Market report
- In October 2020, Shanghai MicroPort NeuroTech Co., Ltd. (“MicroPort® NeuroTech”) has received registration certificates issued by China National Medical Products Administration (NMPA) for its proprietary NUMEN Coil Embolization System and NUMEN FR Coil Detachment System for the treatment of brain aneurysms by mini neurovascular intervention -invasive.
- In April 2020, phenox GmbH launched the p64 MW flow modulation device with HPC coating technology to treat intracranial aneurysms in the European market. The device received CE marking in January 2020.
- Thus, owing to these developments in the market, rapid growth will be witnessed in the intracranial aneurysms market over the forecast period.
To learn more about the latest highlights related to intracranial aneurysmsget an overview of the key highlights involved in the Intracranial aneurysms Market landscape
Intracranial Aneurysms Key Players Market
The main intracranial aneurysms companies with the best hysteroscopy medical devices such as Medtronic, MicroPort Scientific Corporation., B. Braun Melsungen AG, Stryker, Johnson & Johnson Services, Inc., Terumo Corporation, Penumbra, Inc., Balt, Wallaby Medical., Shape Memory Medical Inc., Zylox-Tonbridge Medical Technology Co. , Ltd., Spartan Micro, Inc., Mizuho Medical Co.Ltd., Lepu Medical Technology (Beijing) Co., Ltd., Phenox GmbH, Peter LAZIC GmbH, adeor medical AG., Boston Scientific Corporation, Meril Life Sciences Pvt. Ltd., KANEKA CORPORATIONand others are currently working on intracranial aneurysms Market.
Impact analysis of COVID-19 on intracranial aneurysms Market
The Global The intracranial aneurysms market is expected to witness tremendous growth owing to the increase in approval and launch of various technologically advanced intracranial aneurysm treatment products. In addition, increasing research and development activities for the development of intracranial aneurysm treatment devices and growing burden of elderly population globally are contributing to the intracranial aneurysm market.
Additionally, the COVID-19 pandemic has severely affected the global healthcare system. The system was transferred at very short notice to cope with the burden of the pandemic, which meant that other health issues were inevitably pushed aside. Additionally, the establishment of lockdown, social distancing norms, containment measures in several countries, and halting of various surgeries has slowed down the intracranial aneurysms market.
Scope of the Intracranial Aneurysms Market Report
- Cover: Global
- Study period: 2019–2027
- Market segmentation by product type: Surgical clips, embolization coils, flow diverters, others
- Market segmentation by end user: Hospitals and day surgery centers
- Market segmentation by geography: North America, Europe, Asia-Pacific and Rest of the world
- Key Intracranial Aneurysm Companies: Medtronic (NYSE: MDT), MicroPort Scientific Corporation., B. Braun Melsungen AG, Stryker (NYSE: SYK), Johnson & Johnson Services, Inc. (NYSE: JNJ), Terumo Corporation (OTCMKTS: TRUMY), Penumbra, Inc. (NYSE: PEN), Balt, Wallaby Medical., Shape Memory Medical Inc., Zylox-Tonbridge Medical Technology Co., Ltd., Spartan Micro, Inc., Mizuho Medical Co.Ltd., Lepu Medical Technology (Beijing)Co. , Ltd., Phenox GmbH, Peter LAZIC GmbH, adeor medical AG., Boston Scientific Corporation (NYSE: BSX), Meril Life Sciences Pvt. Ltd., KANEKA CORPORATIONamong others
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL Viewpoints, Analyst Point of View
DelveInsight Analysis: The intracranial aneurysms market size is expected to grow at a pace CAGR of 9.10% reach about $1.90 billion by 2027.
Which MedTech Key Players in Intracranial Aneurysms Market are Expected to Emerge as Pioneer Explores @ Intracranial Aneurysm Societies
|1||Intracranial Aneurysms Market Report Overview|
|2||Executive Summary of the Intracranial Aneurysms Market|
|3||Regulatory analysis and patents|
|4||Key Factor Analysis of Intracranial Aneurysms Market|
|5||Porter’s Five Forces Analysis|
|6||Impact Analysis of COVID-19 on the Intracranial Aneurysms Market|
|seven||Intracranial Aneurysms Market Layout|
|8||Global Business Share Analysis – 3 to 5 Key Companies|
|9||Company and Product Profiles|
Interested in knowing how the Intracranial Aneurysms Market will grow by 2027? Click to preview Intracranial Aneurysms Market Analysis
Brain Aneurysm Stents Market
Brain Aneurysm Stents Market Overview, Competitive Landscape and Market Forecast – 2027 The report provides an in-depth understanding of market trends, market drivers, market barriers and key Cerebral Aneurysm Stents including Phénox GmbH, Peter LAZIC GmbH, adeor medical AG., Boston Scientific Corporation, among others.
Peripheral Aneurysms Market
Peripheral Aneurysms Market Overview, Competitive Landscape and Market Forecast – 2027 The report offers an in-depth understanding of market trends, market drivers, market barriers and key Peripheral Aneurysms including Medtronic, Abbott, Stryker, among others.
Aortic Aneurysm Stents Market
Aortic Aneurysm Stent Grafts Market Overview, Competitive Landscape and Market Forecast – 2027 The report provides an in-depth understanding of market trends, market drivers, market barriers and key Aortic Aneurysm Stents including Medtronic, Terumo, Shanghai MicroPort Endovascular MedTech, among others.
Abdominal Aortic Aneurysm Market
Abdominal Aortic Aneurysm Market Overview, Epidemiology and Market Forecast – 2032 The report provides an in-depth understanding of market trends, market drivers, market barriers and major Abdominal Aortic Aneurysms including Endologix LLC, Cardinal Health, Cook Medical, among others.
Aneurysmal Subarachnoid Hemorrhage Market
Aneurysmal Subarachnoid Hemorrhage Market Overview, Epidemiology and Market Forecast – 2032 The report provides an in-depth understanding of market trends, market drivers, market barriers and major Aneurysmal Subarachnoid Hemorrhages including Idorsia Pharmaceuticals, BIT Pharma GmbH, Akari Therapeutics, among others.
Other trend reports
Frontotemporal Dementia Market | Follicular Lymphoma Market | Diabetes Market | Blast Plasmacytoid Dendritic Cell Neoplasms Market | Overview of bevacizumab biosimilars | Bacterial Conjunctivitis Market | FENEBRUTINIB Market | Peripherally Inserted Central Catheter Devices Market | Cardiac Biomarker Testing Devices Market | Epstein Barr Virus Market | Hay Fever Conjunctivitis Market | Advanced Wound Care Market | Adeno-Associated Virus Vectors in the Gene Therapy Market | Acute Respiratory Distress Syndrome Market | Primary Immunodeficiency Market
Trending Health Blogs
DelveInsight is a leading business consulting and market research firm focused exclusively on life sciences. It supports pharmaceutical companies by providing complete end-to-end solutions to improve their performance.