Global Intracranial Aneurysm Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Intracranial Aneurysm Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Endovascular Coiling, Surgical Clipping, Flow Diverters, and Other Types), End-user (Hospitals, Ambulatory Surgical Centers, and Other End-users), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Intracranial Aneurysm Market was valued at USD 1,128.3 million in 2023 and is expected to reach USD 2,202.7 million by 2031 while growing at a CAGR of 8.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global intracranial aneurysm market growth. An intracranial aneurysm, commonly referred to as a cerebral or brain aneurysm, manifests as a localized and abnormal bulging or ballooning of a blood vessel within the brain. It is identified by a weakened area in the vessel wall, typically an artery, leading to the formation of a sac-like structure.
The rising incidence of intracranial aneurysms and technological advancements in diagnostic tools and treatment options drive substantial growth in the intracranial aneurysm market. However, obstacles such as the high cost of treatment and the risk of complications may hinder the market's expansion.
Furthermore, the global intracranial aneurysm industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Intracranial Aneurysm Market is segmented among Endovascular Coiling, Surgical Clipping, Flow Diverters, and Other Types, based on Type. In 2023, Endovascular Coiling accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End User Analysis
The Global Intracranial Aneurysm Market is segmented among Hospitals, Ambulatory Surgical Centers, and Other End-users, based on end user. In 2023, Hospitals accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Intracranial Aneurysm Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Stryker, B. Braun Melsungen AG, MicroPort Scientific Corporation, Medtronic, Terumo Corporation, Integra LifeSciences Corporation, Johnson & Johnson, RAUMEDIC AG, Microvention Inc., and Codman Neuro (Integra Lifesciences).
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Intracranial Aneurysm Market Dynamics
Drivers
Restraints
Opportunity
4. Global Intracranial Aneurysm Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Intracranial Aneurysm Market Segmentation, By Type
Global Intracranial Aneurysm Market Share Analysis, By Type
Global Intracranial Aneurysm Market Growth Analysis, By Type
Global Intracranial Aneurysm Market Trends, By Type
o Endovascular Coiling
o Surgical Clipping
o Flow Diverters
o Other Types
6. Global Intracranial Aneurysm Market Segmentation, By End User
Global Intracranial Aneurysm Market Share Analysis, By End User
Global Intracranial Aneurysm Market Growth Analysis, By End User
Global Intracranial Aneurysm Market Trends, By End User
o Hospitals
o Ambulatory Surgical Centers
o Other End-users
7. Global Intracranial Aneurysm Market Segmentation, By Region
Global Intracranial Aneurysm Market Share Analysis, By Region
Global Intracranial Aneurysm Market Growth Analysis, By Region
Global Intracranial Aneurysm Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Stryker*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
B. Braun Melsungen AG
MicroPort Scientific Corporation
Medtronic
Terumo Corporation
Integra LifeSciences Corporation
Johnson & Johnson
RAUMEDIC AG
Microvention Inc.
Codman Neuro (Integra Lifesciences)
*Similar analysis will be provided for each company listed above.