Intracranial Aneurysm Market Size, Growth Analysis to amass around USD 1.2 billion by 2028 | Spiegelberg GmbH, Johnson & Johnson, Sophysa Ltd, Medtronic Plc., Codman & Shurtleff, Inc., Raumedic AG, Vittamed

Global Intracranial Aneurysm Market to Grow at a CAGR of 8.6%, Predicts QMI

The Global Intracranial Aneurysm Market was valued at USD 1.2 billion in 2019 and is projected to grow at a CAGR of 8.6% during the forecast period. Increasing number of patients suffering from cerebrovascular disorder and rising adoption of minimally invasive intracranial aneurysms procedures are expected to drive the market in the coming years. Increasing number of patients suffering from hypertension and trauma or injury to blood vessels is another factor driving the overall brain aneurysm treatment market. Hypertension is mainly caused due to high blood pressure, which significantly increases the risk of brain, heart, kidney and other diseases. For instance, according to WHO facts 2019, around 1.13 billion people worldwide have hypertension.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
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

As per the recent trends, the companies have various strategic collaborations and the growing support of government and healthcare agencies are expected to have a synergistic effect on market. Such developments lead to partnership and boost the market competition.
1. 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.
2. 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).

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North America A Major Market due to Increasing Patient Pool
North America has an increasing prevalence of brain aneurysm more than 3% population of the US i.e. nearly 10 million people with brain aneurysm. The region 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.

An Overview of the report
1. The report offers insights on the global market
2. The recent market developments are scrutinized to project latest trends along with growth rate projections
3. Deeper understanding of the competitive landscape of the major companies operating in the market
4. New Opportunities and challenges for the global market
5. Study of innovation and technological advancements in the industry

Experts have systematically examined the market with in-depth research based on deep understanding of the market with extensive analysis. The global market has been classified into numerous segments along with regional analysis to offer understandings on present and forthcoming growth trajectories.

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Market Segmentation:
By Type:
• Surgical Clipping
• Endovascular Coiling
• Flow Diverters
• Others

By End-Use:
• Hospitals
• Clinics
• Others

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

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

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

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

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

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This release was published on openPR.