Intracranial Stents Market Size By Disease Indication, By Product Type, By End User, By Geographic Scope And Forecast


Posted January 6, 2021 by jennysmith22119

According to Verified Market Research, the Global Intracranial Stents Market was valued at USD 392.42 Million in 2019 and is projected to reach USD 1211.79 Million by 2027, growing at a CAGR of 15.2% from 2020 to 2027.

 
Intracranial Stents Market Size And Forecast
The Global Intracranial Stents Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Intracranial Stents Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

According to Verified Market Research, the Global Intracranial Stents Market was valued at USD 392.42 Million in 2019 and is projected to reach USD 1211.79 Million by 2027, growing at a CAGR of 15.2% from 2020 to 2027.

What are Intracranial Stents?
Intracranial Stents refer to small tubes that are used during surgery to open passages of blood vessels which are blocked by restoring the flow of blood or other fluids. Intracranial stents are usually used to treat blocked blood vessels within the brain and heart. Intracranial stenosis is a medical condition in which the arteries inside the brain get narrowed which might be due to blood clots or building up of plaque within the wall of artery which obstructs the blood flow and reduces the flow of blood to the brain. Such a condition produces high risk of stroke and may lead to brain damage which can be life-threatening. Intracranial stents are used in endovascular treatments to remove the plaque by compressing it and widening the diameter of the arteries. Intracranial Stents are also used during angioplasty procedures when artery stenosis is more 70% with no effect from medications.

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Global Intracranial Stents Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Intracranial atherosclerosis, coronary blockages, neurological disorders and other artery disorders are on the rise due to various risk factors like obesity, hypertension, diabetes, high calorie and high cholesterol diet, lack of physical activities etc. The rising prevalence of these diseases reinforced with the developments in health care industry has resulted in the development of various complex procedures like angioplasty. It involves removal of the plaque and blood clots which otherwise had blocked the blood flow due to narrowing of the arteries and resulted in severe health conditions. Angioplasty involves use of a balloon catheter with stents as an alternate to cerebral artery bypass procedure. There is an increase in the number of angioplasty surgeries with the rising prevalence of these diseases. Moreover, there is a rise in the geriatric population, who are more prone to cardiac and obstructive artery diseases which increases the demand for procedures like angioplasty which in turn drives the intracranial stents market. Also, there is a rise in demand for surgeries and procedures which involve minimum invasion. The development in the healthcare sector combined with the increased government spending to develop healthcare infrastructure have increased the adoption rate of stents for treatment of obstructive artery diseases. These factors fuel the demand for the intracranial stents and drive the market growth.

Although, stent manufacturers are restrained with restrictions for approval and adoption of stents in the healthcare procedures from the government. These include cost and quality restriction which are delaying the development and launch of new the intracranial stents in the market which hinders the growth of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contans a quantitative and qualitative estimation of market elements which interests the client. The “Global Intracranial Stents Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Intracranial Stents Market Competitive Landscape
The “Global Intracranial Stents Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Boston Scientific Corporation, DePuy Synthes, Penumbra, Inc., Medtronic, Terumo Corporation, Phenox, Acandis, Stryker Corporation, Cook Medical, MicroPort Scientific. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Intracranial Stents Market, By Disease Indication
• Brain Aneurysm
• Intracranial Stenosis

Intracranial Stents Market, By Product Type
• Stent-Assisted Coil Embolization
• Balloon Expanding Stents
• Self-Expanding Stents

Intracranial Stents Market, By End User
• Hospitals
• Ambulatory Surgical Centers
• Others

Intracranial Stents Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Last Updated January 6, 2021