Aneurysm is the expansion of artery which is caused by weakness in the arterial wall. It appears in the areas where large arteries branch into smaller ones and it's observed at the base of the brain. Aneurysm can result in brain damage or stroke and has the potential to rupture which causes bleeding in the neighboring sub-arachnoid space. According to CDC, aneurysm contributes annually more than 25,000 deaths in the US. An estimated 40% of these cases can cause death in less than 24 hours. Aneurysm demand immediate medical attention and has a huge demand in primary healthcare settings. The healthcare systems are more focused on preventive techniques to control the incidence. The ascending occurrences of high blood pressure and the fast advancements of surgical techniques remain the key drivers of the market. The government and other healthcare sectors are providing funds, which further indicates the potential growth of Aneurysm treatment market. All these factors hint towards the potential growth of the market during the forecast period.
Impelling growth of the global aneurysm treatment market can be attributed to a number of dynamics including:
• Incremental prevalence of brain aneurysms
• Improvement in surgical techniques
• The escalating occurrence of high blood pressure
• Rising healthcare funding by government bodies
• Presence of brain aneurysm in the family history
• The manifestation of familial aneurysms among subarachnoid haemorrhage patients
• Increasing trauma and blood infection incidences
Aneurysm Treatment Market Restraints
• Expensive management cost of aneurysmal subarachnoid hemorrhage
• Undisclosed symptoms of unruptured brain aneurysm
The global Aneurysm treatment market is projected to reach a significant market value in terms of revenue by the end of 2026, registering a robust CAGR of over 5% during 2019-2026. Despite the aforementioned drivers and healthy projections, there are certain concerns associated with brain aneurysm treatment that are prospective to hinder the growth of the global aneurysm treatment market. These concerns include:
• Unidentified symptoms of an unruptured brain aneurysm
• High cost associated with aneurysmal subarachnoid haemorrhage management
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Global Aneurysm Treatment Market by Product Type
+ Surgical Clipping
+ Endovascular Coiling
+ Flow diverters
Surgical clipping is widely used effective treatment for brain aneurysms patients. Small metallic clip or clips are placed along the neck of the aneurysm to reduce the risk of bleeding by preventing blood from entering into the aneurysm sac. The clip remains in place for a lifetime while aneurysm shrinks and scar down permanently with an exceptionally low risk of redeveloping. Hence the surgical clipping segment is projected to grow at a rapid pace during the forthcoming period.
Global Aneurysm Treatment Market by End User
+ Hospitals
+ Neurological Centres
Global Aneurysm Treatment Market by Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
North America currently holds the dominant market share and the expected significant growth in the forthcoming years is attributed to the increasing occurrences of a brain aneurysm. The European region holds the subsequent leading share of the global aneurysm treatment market. Prevalent cerebrovascular conditions, government-backed research and development along with improved medical reimbursement policies in the region are proliferating healthy growth herein. The Asia Pacific region is positioned as the potentially fastest growing region and significant the key player in the global aneurysm treatment terrain, owing to upgrading healthcare technology and a massive patient population.
The Rest of the world region holds moderate growth potential and a minimal share in the global aneurysm treatment market owing to the lack of proper disposal of remedial services. However, the decent growth in this region is driven by some of the most advancing countries like UAE, Saudi Arabia and Kuwait in the Middle East.
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Competitive Landscape
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Key Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global aneurysm treatment market by product type, by end user, and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies.
Table of Contents
Introduction
Scope and Objective
Assumptions and Acronyms
Forecast Factors
Research Methodology
Executive Summary
Industry Cluster Analysis
Competition Matrix
Strategies Recommendations
Market Definition
Report Scope (Inclusions & Exclusions)
Market Segmentation
Global Aneurysm Treatment Market Overview
Global Aneurysm Treatment Market Revenue (USD Mn)
Key Inclusions
Porter’s Five Force analysis
Market Dynamics
Industry Trends
Regulatory Guidelines
Opportunities in Aneurysm Treatment
Competition Dynamics
Company Share Analysis (2018)
Top 10 Product Pricing by Region
Global Aneurysm Treatment Market Revenue (USD Mn), 2018-2026 by Product Type
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2018-2026
Surgical Clipping
Endovascular Coiling
Flow diverters
Global Aneurysm Treatment Market Revenue (USD Mn), 2018-2026 by End User
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Neurological Centres
Global Aneurysm Treatment Market Revenue (USD Mn), 2018-2026 by Region
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Region,2026
North America
Latin America
Europe
Asia Pacific
Rest of world
North America Aneurysm Treatment Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
US
Canada
Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2018-2026
Surgical Clipping
Endovascular Coiling
Flow diverters
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Neurological Centres
Latin America Aneurysm Treatment Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Brazil
Mexico
Argentina
Rest of Latin America
Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2018-2026
Surgical Clipping
Endovascular Coiling
Flow diverters
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Neurological Centres
Europe America Aneurysm Treatment Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Germany
France
Spain
UK
Russia
Poland
Rest of Europe
Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2018-2026
Surgical Clipping
Endovascular Coiling
Flow diverters
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Neurological Centres
Asia Pacific America Aneurysm Treatment Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Emerging Asia
China
India
ASEAN-5
Rest of Emerging Asia
Japan
Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2018-2026
Surgical Clipping
Endovascular Coiling
Flow diverters
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Neurological Centres
Rest of World America Aneurysm Treatment Market Revenue (US$ Mn), 2018-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 2018-2026
Middle East
South Africa
North Africa
Rest of World
Market Revenue (USD Mn) Assessment and Forecast by Product Type, 2018-2026
Surgical Clipping
Endovascular Coiling
Flow diverters
Market Revenue (USD Mn) Assessment and Forecast by End User, 2018-2026
Hospitals
Neurological Centres
Company Profiles
Competition Landscape
Global Company Share (USD Mn) Overview, 2018
Company Profiles
Penumbra
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Terumo Medical Incorporated
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Medtronic Plc
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
phenox GmbH
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
B. Braun Melsungen AG
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Stryker Corporation
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Research Sources & Primary Verbatim
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