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Worldwide Cerebral Vasospasm Market over the forecasted period up to 2023 | Top 10 Key Players Profile - Headsense Medical Ltd (Israel), B. Braun Melsungen AG (Germany), Minnetronix, Inc (US), Bristol-Myers Squibb Company (US), Boehringer Ingelheim GmbH (
Global cerebral vasospasm market is expected to grow at a CAGR of 5.4% during forecasted period.Cerebral Vasospasm is condition involved in narrowing of blood vesicles due to contraction. Cerebral vasospasm is further results into haemorrhage. Patient who experienced haemorrhagic stroke are more risk to develop a cerebral vasospasm. Changing lifestyle and consumption of unhealthy food are the major driving factor for the market. Beside this introduction of many of new treatment in the market has increased the market for the cerebral vasospasm. Diagnosis of a vasospasm usually begins with a physical exam and a review of the patient’s medical history. For minor vasospasms, physical diagnosis is enough. In case of more severe conditions other diagnostic tools can be used.
Many factors like introduction of new technology and new drugs with continuous increasing patient suffering from cardiovascular diseases are the major reason for the driving cerebral vasospasm market across the globe. While on other hand high cost for the treatment is may restrain the growth of the market.
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Global Cerebral Vasospasm Market - Regional Analysis
Global cerebral vasospasm market, on the basis of regions is divided into North America, Europe, Asia Pacific and Middle East and Africa.
On regional, North America has the largest market for the cerebral vasospasm. The major factor for the growth of this market in North America is robust research & development practices and growing advancements in the field of neurology. Cardiovascular diseases and many other metabolic diseases are responsible for causing cerebral vasospasm. About 11 % of total North America population is suffering from stroke and other related diseases. Increasing number of this diseases is the major factor for providing a good platform for the growth of the market. US is the highest contributor for the market of cerebral vasospasm which is followed by Canada. Increasing age led to increase the prevalence of different neuronal and CVS diseases. 15% of the total Canada population is over 65 year age.
Europe has a runner-up market for cerebral vasospasm. Adoption of sedentary lifestyle and increase in workload is the major factor for the causing cerebral vasospasm to the patient in Europe. UK and Germany are the major contributor for the market. Due to presence of many of the major companies in this region has developed cerebral vasospasm market in this region.
Asia Pacific is the fastest growing market and is expecting to take Europe position for cerebral vasospasm market. Increasing work load and a huge development in healthcare sector has boosted this market in Asia Pacific region. Beside this a huge population and increase in demand for the better treatment for diseases like strokes and vasospasm has provided fuel for the growth of cerebral vasospasm market in this region. Middle East and Africa contribute the least market in cerebral vasospasm. Due to less infrastructure development and limited growth in healthcare sector is the factor for less market in Africa.
Global Cerebral Vasospasm Market - Company Analysis
Headsense Medical Ltd (Israel), B. Braun Melsungen AG (Germany), Minnetronix, Inc (US), Bristol-Myers Squibb Company (US), Boehringer Ingelheim GmbH (Germany), H. Lundbeck A/S (Denmark) and others are some of the prominent players at the forefront of competition in the global cerebral vasospasm market and are profiled in MRFR Analysis.
Due to increasing prevalence of cerebral vasospasm globally many of the companies are in the race of inventing the better treatment for cerebral vasospasm. Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market.
Boehringer Ingelheim GmbH a German headquartered company has introduce Pradaxa (dabigatran etexilate) an anticoagulant drug used in different types of treatment.
Penumbra, Inc. which is a medical device manufacturing companies has launched the New MAX system reperfusion catheters for the treatment of acute ischemic stroke patients.
Minnetronix, Inc has introduced Neurapheresis a Cerebrospinal Fluid (CSF) Treatment Platform. The removal of degrading red blood cells and their released inflammatory byproducts may be accomplished more efficiently with Neurapheresis than with standard gravity-dependent drains.
HeadSense Medical Ltd an Israel company is developing a noninvasive intra-cranial pressure (ICP) monitor to help treat patients with severe traumatic brain injury (TBI), stroke, and brain tumors. ICP will contain disposable unit like headset allows continuous ICP monitoring to be done anywhere, and takes less than 10 seconds to perform.
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