Brain Aneurysm Treatment Market (Covid-19) Impact and Analysis by 2027 | Stryker Corporation, MicroPort Scientific Corporation, Terumo Corporation, Mizuho Medical Co, Ltd, Penumbra,Medtronic and others

The Insight Partners analysts forecasts the latest report on “Brain Aneurysm Treatment Market (Covid-19) Impact and Analysis by 2027”, according to report; The Brain Aneurysm Treatment Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the Brain Aneurysm Treatment Market.

The study provides details such as the market share, Market Insights, Strategic Insights, Segmentation and key players in the Brain Aneurysm Treatment Market.

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The brain aneurysm treatment market was valued at US$ 2,184.15 million in 2019 and is expected to grow at a CAGR of 14.1% from 2020to 2027 to reach US$ 6,222.47 million by 2027.

Some of the Major Market Players Are:

Stryker Corporation
MicroPort Scientific Corporation
Terumo Corporation
Mizuho Medical Co,Ltd
Penumbra, Inc
Medtronic
Johnson & Johnson Services, Inc
KANEKA CORPORATION
adeor medical AG
Evasc Medical Systems Corp

Market Insights

Rise in Research and Development Activities
Several healthcare organizations and industry players are implementing constructive strategies to boost the research and development programs pertaining to the treatment of brain aneurysm. For instance, in August 2019, Fujitsu Australia, Macquarie Medical Imaging, Macquarie University, and GE Healthcare announced a new research collaboration to find advanced techniques to improve the diagnosis of brain aneurysm. The association announced the focus on utilization and adoption of artificial intelligence to identify and analyze brain aneurysms.

Other companies in this space are also focusing on collaborative efforts to introduce new technologies and medical devices for the treatment of brain aneurysm. For instance, in December 2018, Medtronic received FDA approval for its Pipeline Flex, a permanent mesh cylinder (stent) for the treatment of brain aneurysm. Additionally, in January 2020, MicroVention, Inc. got FDA approval for its FRED (Flow Re-Direction Endoluminal Device) device for the treatment of brain aneurysms. An increasing number of such research and development activities are accelerating the growth of the market.

Type Insights

Based on Type, the Brain Aneurysm Treatment market is segmented into medication and surgery. In 2019 medication held the largest share of the market. However, surgery segment is expected to register the highest CAGR in the market during the forecast period.

Condition Insights

Based on condition, the brain aneurysm treatment market is segmented into unruptured aneurysm and ruptured aneurysm. The unruptured aneurysm held the largest share of disease segment in the global market. However, ruptured aneurysm is expected to grow at the faster rate during the forecast period. Increasing prevalence of ruptured aneurysm is projected to drive the ruptured aneurysm segment growth during the forecast period.

End User Insights

Based on end user, the brain aneurysm treatment market is segmented into hospitals and clinics. The hospitals held the largest share of end user segment in the global market. However, clinics segment is expected to grow at the fastest rate during the forecast period.

Strategic Insights

Product launches and FDA approvals strategy is commonly adopted by companies to expand their footprint worldwide and meet the growing demand. This strategy is most commonly adopted by the market players in order to expand its product portfolio.

The market players operating in the brain aneurysm treatment market adopt the strategy of collaborations to enlarge customer base across the world, which also permits the players to maintain their brand name globally.

Global Brain Aneurysm Treatment Market – By Type

• Medication
• Surgery

Global Brain Aneurysm Treatment Market – By Condition

• Unruptured Aneurysm
• Ruptured Aneurysm

Global Brain Aneurysm Treatment Market – By End User

• Hospitals
• Clinics

The report analyses factors affecting the Brain Aneurysm Treatment Market from further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Brain Aneurysm Treatment Market in these regions.

Moreover, the report entails the estimate and analysis for the Brain Aneurysm Treatment Market on a global as well as regional level. The study provides historical data as well as the trending features and future predictions of the market growth. Further, the report encompasses drivers and restraints for the Brain Aneurysm Treatment Market growth along with its impact on the overall market development. In addition, the report provides an analysis of the accessible avenues in the market on a global level.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Brain Aneurysm Treatment Market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Brain Aneurysm Treatment Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Promising Regions & Countries Mentioned in The Brain Aneurysm Treatment Market Report:
• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Major Features of Brain Aneurysm Treatment Market Report:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Brain Aneurysm Treatment market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Brain Aneurysm Treatment market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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