Aneurysm Clips Market - Size, Share, Trends, and Forecast, 2022 - 2028
An aneurysm is the enlargement of an artery. It occurs when the walls of a blood vessel become weak, balloon out, and are more likely to rupture or leak potentially causing a stroke. The most significant aneurysms affect the arteries of the heart and the brain. Smoking and high blood pressure are the major risk factors for the development of an aneurysm. Aneurysm clipping is a crucial surgical procedure in the management of aneurysms. It is performed to block off an intact aneurysm from the blood vessels to prevent any further leaking of blood from the site.
Market Dynamics
Increasing worldwide incidences of aneurysms is the major factor driving the aneurysm clips market growth. According to the Brain Aneurysm Foundation 2018 data, around 500,000 deaths occur worldwide annually due to brain aneurysms. According to the Centers for Disease Control and Prevention (CDC), aortic aneurysms contribute to more than 25,000 deaths in the U.S. annually.
Aneurysms can cause due to various factors. According to the National Institute of Neurological Disorders and Stroke, factors such as alcohol and tobacco consumption and drug abuse are expected to increase the risks of aneurysms development. According to the Tobacco Atlas, the number of tobacco smokers is set to increase by 24 million in Indonesia and by 7 million in Nigeria from 2015 to 2025. This rise in tobacco consumption is expected to grow aneurysm cases eventually driving the aneurysm clips market growth. However, being an invasive surgery, clipping procedure can increase the duration of recovery period and patient hospital stay eventually increasing the overall treatment cost.
Key features of the study:
This report provides in-depth analysis of the aneurysm clips market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period (2022-2028), considering 2021, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
It profiles key players in the global aneurysm clips market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key players covered as a part of this study include B. Braun, Boston Scientific, Codman & Shurtleff, Integra LifeSciences, InoMed, KLS Martin Group, Medtronic Plc, Mizuho America, St. Jude Medical, Stryker Corporation, and RauMedic
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
The global aneurysm clips market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for aneurysm clips market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
Global Aneurysm Clips Market, By Aneurysm Type:
Abdominal Aneurysm
Cerebral Aneurysm
Thoracic Aneurysm
Peripheral Aneurysm
Global Aneurysm Clips Market, By Raw Material:
Titanium
Cobalt
Others
Global Aneurysm Clips Market, By Region:
North America
By Country:
U.S.
Canada
By Aneurysm Type:
Abdominal Aneurysm
Cerebral Aneurysm
Thoracic Aneurysm
Peripheral Aneurysm
By Raw Material:
Titanium
Cobalt
Others
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Aneurysm Type:
Abdominal Aneurysm
Cerebral Aneurysm
Thoracic Aneurysm
Peripheral Aneurysm
By Raw Material:
Titanium
Cobalt
Others
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Aneurysm Type:
Abdominal Aneurysm
Cerebral Aneurysm
Thoracic Aneurysm
Peripheral Aneurysm
By Raw Material:
Titanium
Cobalt
Others
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Aneurysm Type:
Abdominal Aneurysm
Cerebral Aneurysm
Thoracic Aneurysm
Peripheral Aneurysm
By Raw Material:
Titanium
Cobalt
Others
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Aneurysm Type:
Abdominal Aneurysm
Cerebral Aneurysm
Thoracic Aneurysm
Peripheral Aneurysm
By Raw Material:
Titanium
Cobalt
Others
Africa
By Country:
South Africa
Central Africa
North Africa
By Aneurysm Type:
Abdominal Aneurysm
Cerebral Aneurysm
Thoracic Aneurysm
Peripheral Aneurysm
By Raw Material:
Titanium
Cobalt
Others
Company Profiles
B. Braun*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Boston Scientific
Codman & Shurtleff
Integra LifeSciences
InoMed
KLS Martin Group
Medtronic Plc
Mizuho America
Jude Medical
Stryker Corporation
RauMedic
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook