Press release
Global Intracranial Aneurysm Market Expected to Exceed USD 3.65 Billion by 2031, Driven by Advances in Minimally Invasive Treatments
"Coils and flow diverters are redefining the aneurysm treatment landscape by offering safer, faster, and more durable outcomes," said Dr. Nina Kapoor, senior analyst at CVMI Neurovascular Devices Division.
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Key Stats:
• 2024 Market Size: USD 1.91 billion
• 2031 Forecast: USD 3.65 billion
• CAGR: 9.6% (2024-2031)
Growth Catalysts:
• Preventive Screening Uptake: Early detection of asymptomatic aneurysms through MRI/MRA
• Minimally Invasive Trends: Coiling and stent-based techniques lower the risks associated with open surgery
• Technological Innovation: 3D, hydrogel-coated and bioactive coils enhance the durability of occlusion.
Segment Insights:
• Dominant Treatment: Endovascular coiling accounts for more than 50% of total interventions.
• Fastest-Growing Segment: Flow Diversion for Complex, Wide-Neck Aneurysms
• Key Regions: The U.S., Germany, China, and South Korea are leading in procedural growth.
Competitive Landscape Snapshot (2024):
• Stryker - 29%: A global leader in neuro coils and aneurysm access systems
• Medtronic - 24%: Leads in flow diversion and embolic coil segments
• MicroVention - 19%: Comprehensive range in embolization, coils, and neck-bridging stents
• Penumbra - 10%: Focused innovation in aneurysm coiling and neuro-revascularization.
• Others - 18%: Agile startups and Europe-based niche players
Outlook to 2031:
The intracranial aneurysm market will experience future growth driven by hybrid embolization systems, AI-based case planning, and integration with stroke management platforms. Emerging markets are anticipated to accelerate adoption through public screening, physician training, and telehealth.
For more insights, visit https://clearviewmarketinsights.com/
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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