The Global Intracranial Aneurysm Market size was valued at USD 1.23 billion in 2019 and is projected to grow at a CAGR of 8.62% during the forecast period. Intracranial aneurysm also known as a brain aneurysm or cerebral aneurysm is stood for weak bulging spot present on the wall of a brain artery, which generally appears typically in the areas where large arteries branch into smaller ones, generally observed at the base of the brain with the possible risk of potential rupture, which causes bleeding in the surrounding sub-arachnoid space, resulting in brain damage or stroke.

Key Factors Impacting the Growth of Global Intracranial Aneurysm Market:

• High rates of prevalence of hypertension and trauma or injury to blood vessels (according to WHO 1.13 billion people worldwide have hypertension in 2019)
• Growing risk of brain, heart, kidney, heredity, aging, atherosclerosis infection, hemorrhagic stroke, and other diseases
• Technological advancements
• Incidence of intracranial aneurysm
• Cases of intracranial aneurysm

Introduction of technologically advanced products, a higher risk of developing an intracranial aneurysm among the geriatric population is expected to offer promising growth opportunities for the global intracranial aneurysm market during the forecast period.

The intracranial aneurysm market segmentation is based on type, end-use, and region.

Type Outlook:

On the basis of type, the global intracranial aneurysm market is separated into surgical clipping, endovascular coiling, flow diverters, and others. Advantages like easy access to the vertebrobasilar system and multiple aneurysms in distant areas and shorter recovery time as compared to surgical clipping procedure ae expected to drive the endovascular coiling segment dominance in global intracranial aneurysm market during the forecast period.

End-Use Outlook:

On the basis of end-use, the global intracranial aneurysm market is divided into hospitals, clinics, and others. High usage of technologically advanced equipment in operation theaters and intensive care units (ICUs) in recent time are the factors expected to lead the hospital end use segment to lead the global market in terms of value over the forecast period.

Regional Outlook:

Based on the region, the global intracranial aneurysm market has been segmented by North America, Europe, Asia Pacific, Middle East, & Africa, South America. North America with an increasing prevalence of brain aneurysm as according to the Surg Neurol Int., it is found that more than 3% population of the US i.e. nearly 10 million people with brain aneurysm. held the largest market share in the global intracranial aneurysm market in 2018.

Increasing patient pool and developing healthcare technology in Asia Pacific region is expected to drive the region to register height growth rate in intracranial aneurysm market during the forecast period.

The report analyzes factors affecting the intracranial aneurysm market from both demand and supply side and further analyses market dynamics affecting the market during the forecast year such as driver, restrain, opportunities and future trends. The report also provides comprehensive Porter’s model analysis on the intracranial aneurysm market for all six regions namely; North America,  Europe, Asia Pacific,Middle East & Africa, South America.

Competitive Landscape:

Major firms focusing on making efforts to develop the innovative medical devices, advancement in treatment approaches, growth strategies, and technological advancement to increase their respective market share in the global intracranial aneurysm market during the forecast period. Leading companies in the market Spiegelberg GmbH, Johnson & Johnson, Sophysa Ltd, Medtronic Plc., Codman & Shurtleff, Inc., Raumedic AG, Vittamed, Sophysa Ltd., MicroPort Scientific Corporation, Orsan Medical Technologies, HaiWeiKang, Head Sense Medical, InfraScan, Inc., Integra Life Sciences Corporation and among others.

This report also includes the profiles of key intracranial aneurysm 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.

Key Developments in Intracranial Aneurysm Market:

• In 2019, Medtronic plc, a provider of products related to medical technology acquired the Titan Spine with the aim to strengthen Medtronic’s position as a leading innovator in procedural solutions for spine surgery.
• In 2019, Medtronic a provider of products received the U.S. FDA approval for the Pipeline Flex Embolization Device used for the treatment of giant or wide-necked intracranial aneurysms (IAs).
• In 2015, Medtronic plc provider of products related to medical technology acquired Medina Medical, a medical device company that focus on commercializing treatments for vascular abnormalities of the brain including cerebral aneurysms with the aim to achieve the key growth strategy of therapy innovation.

 What Does This Report Provide?

This report provides a detailed understanding of the global intracranial aneurysm 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 Type:

• Surgical Clipping
• Endovascular Coiling
• Flow Diverters
• Others

By End-Use:

• Hospitals
• Clinics
• Others

By Region:

• North America Intracranial Aneurysm Market
  • By Country (US, Canada, Mexico)
  • By Type
  • By End-Use

• Europe Intracranial Aneurysm Market
  • By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
  • By Type
  • By End-Use

• Asia Pacific Intracranial Aneurysm Market
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Type
  • By End-Use

• Middle East & Africa Intracranial Aneurysm Market
  
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East & Africa)
  • By Type
  • By End-Use

• South America Interactive Tables Market
  
  • By Country (Brazil, Argentina, Colombia, Rest of South America)
  • By Type
  • By End-Use

 Reasons to Buy This Report:

• Market size estimation of the intracranial aneurysm 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

For more information, contact: [email protected]