The global intracranial aneurysm market size is anticipated to reach USD 2.33 billion by 2030, registering a CAGR of 9.08% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to various factors, such as increased cases of stroke, increasing incidence of people suffering from cerebrovascular disorders, and continuous product launches by key players. Furthermore, the market is growing rapidly in developing nations with expanding disposable income levels and improved access to healthcare. Currently, the cause of brain aneurysms is not clearly understood. However, there are various factors linked to this condition, including aging, brain trauma, hereditary, high blood pressure, atherosclerosis, infections, and a sedentary lifestyle. Notable symptoms encompass cranial nerve dysfunction, localized headaches, and double vision.

Intracranial Aneurysm Market Report Highlights

  • In 2023, the endovascular coiling segment dominated the market with a share of 84.6%due to its increasing application in minimally invasive neurosurgeries and easy access to multiple aneurysms in distant areas
  • The hospitals end-use segment held the largest revenue share of 89.52% in 2023. Intracranial aneurysm procedures are among the most complicated surgeries that are dependent on high-quality and durable equipment available in hospitals
  • North America dominated the market with a share of 26.65% in 2023. The market is competitive, with both established companies and emerging players striving to capture higher industry share through product innovations, mergers, acquisitions, and partnerships

For More Details or Sample Copy please visit link @: Intracranial Aneurysm Market Report

Thus, the presence of key players in North America is expected to boost the regional market growth

Consequently, the growing population of individuals afflicted with intracranial aneurysms is contributing to the market expansion. Businesses in this field are always looking for ways to make existing therapies safer and more effective while also introducing new technologies, which are anticipated to increase the demand for intracranial aneurysm products globally. For instance, in June 2022, Pipeline Vantage with Shield Technology, a fourth-generation flow deflector with a CE mark by India Medtronic, was developed for endovascular therapy for cerebral aneurysms. A newly developed flow deflector, Pipeline Vantage, features Shield technology and has enhanced features of the design for both the delivery system and the implant. By developing a scaffold that promotes the development of cells in the innermost layer of the target blood vessel, these qualities make it easier and more reliable for doctors to deliver, deploy, and repair brain aneurysms and intracranial aneurysms.

List of major companies in the Intracranial Aneurysm Market

  • Medtronic plc
  • Stryker Corporation
  • MicroPort Scientific Corporation.
  • Johnson & Johnson Services, Inc.
  • MicroVention Inc.
  • Braun Melsungen AG
  • Integra LifeSciences
  • RAUMEDIC AG
  • Terumo Corporation
  • Delta Surgical

Gain deeper insights on the market and receive your free copy with TOC now @: Intracranial Aneurysm Market Forecast Report

We have segmented the global intracranial aneurysm market based on type, end-use, and region.

  • Intracranial Aneurysm Type Outlook (Revenue, USD Million, 2018 - 2030)

    • Surgical Clipping
    • Endovascular Coiling
    • Flow Diverters
    • Others

  • Intracranial Aneurysm End-use Outlook (Revenue, USD Million, 2018 - 2030)

    • Hospitals
    • Clinics
    • Others

  • Intracranial Aneurysm Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa (MEA)

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

 

Contact:

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll-Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Explore Horizon, the world's most expansive market research database

 

#IntracranialAneurysm #NeurovascularHealth #MedicalTechnology #HealthcareInnovation #BrainAneurysmTreatment #HealthcareMarket #AneurysmManagement #HealthTech #HealthcareIndustry #Neurosurgery #MedicalResearch