Aneurysm Clips Market, By End User (Hospitals and Cardiac Centers, Specialty Clinics, Ambulatory Surgical Centers), Material (Titanium, Cobalt, Chromium, Others), Disease Indication (Tumor and Brain Cancer, Brain Arteriovenous Malformations, Ischemic Stroke, Brain Aneurysm, Others), and By Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) – Market Size & Forecasting To 2028

The Global Aneurysm Clips Market size is anticipated to grow at a CAGR of 5.8% during the forecast period and expected to reach USD 1.86 billion by 2028. An aneurysm is known as a localized, abnormal, balloon-like spot that causes outward bulging at the wall of blood vessels. It may be a result of weak walls of blood vessels or acquired sickness or hereditary conditions. As an aneurysm grows in shape and size, it increases the threat of rupture, which may result in uncontrolled internal bleeding. Aneurysms can arise in any blood vessel. However, blood vessels within the mind, thoracic aorta, and stomach are a few commonplace sites stricken by aneurysms. Aneurysm clips are implantable devices used entirely for closing and isolation of veins or arteries due to localized aneurysms in human beings. For example, a typical surgical treatment to treat mind aneurysms entails starting the skull, finding the affected artery and then setting a metal clip over the neck of the aneurysm.

The aneurysm clips market is predicted to expand all through the forecast period because of a rise in demand for the clips for surgical strategies and the use of superior titanium alloys in the clips. Aneurysm clips with advanced era and ultra-slim profile offer surgeons comfortably of dealing with and more visibility of the neighborhood anatomy. The clips also provide a narrow blade layout and MRI compatibility, retaining tissue integrity. Stable improvement in unit gives of titanium aneurysm clips is expected to rise in the course of the forecast period. Unit gives of cobalt chromium-nickel combos are possibly to decrease. The traits of the titanium aggregate provide insignificant relics and higher visualization and further having a selected weight lower than the cobalt clips. Moreover, technological improvements in fitness care products, rising geriatric population, an upward thrust within the getting older population, and a positive economic system are driving the aneurysm clips market. However, dangers associated with operating methods and low attention approximately aneurysms are predicted to restrain the market. High blood pressure, smoking and use of tobacco, abnormal lifestyle, genetic disorders, atherosclerosis, infection of the arteries, and family records increase the threat of aneurysm. Symptoms vary according to the location wherein the aneurysm occurs. Major symptoms consist of an increase in coronary heart rate, pain, and bleeding.

Key Factors Impacting the Growth of Aneurysm Clips Market:

  • The clips offer a slim blade design and MRI compatibility, preserving tissue integrity
  • Rise in average disposable income
  • Rising geriatric population
  • Changing lifestyle, increasing cause of high blood pressure and atherosclerosis, and other disease
  • Technological improvements in fitness care products
  • Change in the lifestyle across the World

The aneurysm clips market segmentation is based on end user, material, disease indication, and region.

End User Outlook:

Based on end user, the market is segmented into hospitals and cardiac centers, specialty clinics and ambulatory surgical centers. The hospitals and cardiac centers segment is expected to lead the market during the forecast period. Growing number of surgeries across the globe, increase in consumer preference for surgeries in hospitals and cardiac centers, and rising number of hospitals and cardiac centers further expected to increase the demand for hospitals and cardiac centers during the forecast period.   

Material Outlook:

Based on material, the market has been segmented into titanium, cobalt, chromium, and others. The titanium segment is expected to lead the market during the forecast period. The aneurysm clips manufacturers are primarily focusing on new product development in terms of material to enhance the demand for aneurysm clips during the forecast period.

Disease Indication Outlook:

Based on product, the market has been segmented into tumor and brain cancer, brain arteriovenous malformations, ischemic stroke, brain aneurysm, and others. The tumor and brain cancer segment is expected to dominate the market in 2019 and further expected to lead the market during the forecast period.

Regional Outlook:

Based on the region, the global aneurysm clips market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America is anticipated to be a leading place of the marketplace, due to the high adoption fee of surgical clips in aneurysm treatment, increase in growth of reimbursement policies, increase in consumer preference for the health insurance policies, and increase in number of surgeries in the US, Canada, and Mexico further expected to drive the growth of aneurysm clips in the region during the forecast period. Furthermore, the U.S. is expected to be a rapidly expanding area of the marketplace in North America. In the US, there is wide increase in the unruptured brain aneurysm. Such factors are expected to enhance the market share for the region.

The utilization of aneurysm clips in Europe is significant. Germany, the U.K., France, and Italy are principal members to the market within the location. Growing clinics and research development centers in the region, rising number of treatment and surgeries, growing frequent health checkups further expected to raise the demand for aneurysm clips in the region during the forecast period. The aneurysm clips market in Asia Pacific is projected to make bigger at a fast CAGR in the course of the forecast period. The marketplace in Japan, China, and India is expected to extend at a strong pace within the near destiny as compared to the marketplace in other countries in the area.

Competitive Landscape

The dominated players in the aneurysm clips market include Boston Scientific, Cyberonics, Codman & Shurtleff, St. Jude Medical, Medtronic, Integra LifeSciences, RauMedic, KLS Martin Group, B Braun, Mizuho America, InoMed, and Stryker.

This report also includes the profiles of key aneurysm clips market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

What Does This Report Provide?

This report provides a detailed understanding of the global aneurysm clips market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By End User

  • Hospitals and Cardiac Centers
  • Specialty Clinics
  • Ambulatory surgical centers

By Material

  • Titanium
  • Cobalt
  • Chromium
  • Others

By Disease Indication

  • Tumor and Brain Cancer
  • Brain Arteriovenous Malformations
  • Ischemic Stroke
  • Brain Aneurysm
  • Others

By Region:

  • North America Aneurysm Clips Market
    • By Country (US, Canada, Mexico)
    • By Disease Indication
    • By Material
    • By End User
  • Europe Aneurysm Clips Market
    • By Country (Germany, Russia, UK, France, Rest of Europe)
    • By Disease Indication
    • By Material
    • By End User
  • Asia Pacific Aneurysm Clips Market
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Disease Indication
    • By Material
    • By End User
  • Middle East & Africa Aneurysm Clips Market
    • By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
    • By Disease Indication
    • By Material
    • By End User
  • South America Aneurysm Clips Market
    • By Country (Brazil, Argentina, Rest of South America)
    • By Disease Indication
    • By Material
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the aneurysm clips market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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