Intracranial Stents Market: Major Trends Reshaping the Future of the Industry

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What Will the Intracranial Stents Industry Market Size Be by 2025?
Recently, the intracranial stents market size has experienced significant growth. The market is predicted to expand from a value of $0.48 billion in 2024 to reach $0.55 billion in 2025, signalling a compound annual growth rate (CAGR) of 15.0%. Factors contributing to this growth during the historic period include a rise in stroke risk awareness, enhancement in patient education, an increase in radiation safety measures, a growing elderly population, and the development of minimally invasive techniques.

What's the Long-Term Growth Forecast for the Intracranial Stents Market Size Through 2029?
The market size for intracranial stents is anticipated to undergo significant expansion in the coming years. It's projected to rise to $1 billion in 2029 with a compound annual growth rate (CAGR) of 16.3%. This expected growth during the forecast period can be linked to the development of telehealth services, the application of genomic medicine, increasing healthcare infrastructure, development of stroke rehabilitation services, and enhanced health initiatives. Noteworthy trends expected to shape this period include the adoption of bioresorbable intracranial stents, the use of neurointerventional robotics, the incorporation of advanced imaging technologies, the use of pediatric intracranial stents, and the evolution of dual antiplatelet therapy strategies.

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What Are the Key Growth Drivers Fueling the Intracranial Stents Market Expansion?
The growth of the intracranial stents market is predicted to be fuelled by a rising incidence of brain aneurysms. A brain aneurysm involves a bulge forming in the brain's blood vessels, which if ruptured or burst, can cause a brain haemorrhage and potentially result in patient's death. Intracranial vessel stenting (IVS), a minimally invasive procedure, is employed to treat severe cerebral artery stenosis, a condition where the arteries supplying blood to the brain weaken. For example, Medical News Today, a UK-based medical news outlet, reported in February 2023 that approximately 3.2% of the global population live with unruptured aneurysms. Consequently, the intracranial stents market is expected to expand due to the increasing prevalence of brain aneurysms.

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What Are the Key Trends Driving Intracranial Stents Market Growth?
Top-tier enterprises in the intracranial stents market are pioneering new offerings such as Onyx Frontier drug-eluting stent (DES) to intensify their earnings in the industry. Onyx Frontier is a DES intended for the treatment of coronary artery disease (CAD), which arises due to the build-up of plaque in the coronary arteries. For illustration, in August 2022, Medtronic plc, a medical devices firm in Ireland, initiated the launch of Onyx Frontier drug-eluting stent (DES). The construction of this stent is uniquely suited for advanced percutaneous cardiac interventions (PCI) and offers outstanding deliverability. The initial performance and clinical evidence of the Resolute Onyx DES reinforce the introduction of the Onyx Frontier DES, offering an improved delivery strategy and superior immediate performance.

How Is the Intracranial Stents Market Segmented?
The intracranial stents market covered in this report is segmented -

1) By Type: Self Expanding Stents, Balloon Expanding Stents, Stent-Assisted Coil Embolization
2) By Disease Indication: Brain Aneurysm, Intracranial Stenosis
3) By End-User: Hospitals, Ambulatory Surgery Centers, Other End-Users

Subsegments:
1) By Self-Expanding Stents: Neurovascular Self-Expanding Stents, Biodegradable Self-Expanding Stents
2) By Balloon Expanding Stents: Drug-Eluting Balloon Expanding Stents, Bare Metal Balloon Expanding Stents
3) By Stent-Assisted Coil Embolization: Detachable Coil Systems, Non-Detachable Coil Systems

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Which Companies Are Leading the Charge in Intracranial Stents Market Innovation?
Major companies operating in the intracranial stents market include Medtronic plc, Balt Extrusion LLC., Stryker Corporation, MicroPort Scientific Corporation, Boston Scientific Corporation, Acandis GmbH, Admedes Schuessler GmbH, MicroVention Inc., Phenox GmbH, Terumo Corporation, Johnson & Johnson Services Inc., Abbott Laboratories, Brainlab AG, Cardiatis SA, Cook Medical LLC, DePuy Synthes, Endologix Inc., InspireMD Inc., Integra LifeSciences Corporation, Kaneka Corporation, Kerecis Limited, Penumbra Inc., Rapid Medical Ltd., Vascular Solutions Inc., W. L. Gore & Associates Inc., Biotronik SE & Co. KG, Cardionovum GmbH, Codman Neuro, C.R. Bard Inc., Cerebral Stents.

Which Regions Are Leading the Global Intracranial Stents Market in Revenue?
North America was the largest region in the intracranial stents market in 2024. Asia-Pacific is expected to be the fastest region in the intracranial stents market share during the forecast period. The regions covered in the intracranial stents market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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