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Global Aneurysm Treatment Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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Global aneurysm treatment market foreseen to grow over a CAGR of 5% during 2019-2026. 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'
Title:
Global Aneurysm Treatment Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
Global aneurysm treatment market foreseen to grow over a CAGR of 5% during 20192026.
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
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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.
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.
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised
solutions for our clients. Through in-depth market insights and consultancy, we present
our clients with the tools they need to be at the forefront of their industry – a position
secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Author
Merin John
Merin John177   documents Email
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