North America Aneurysm Clips Market Size, Share & Industry Trends Analysis Report By Material (Titanium Aneurysm Clips, Polymer and Others), By End-use (Hospitals, Ambulatory Surgical Centers), By Indication, By Country and Growth Forecast, 2022 - 2028
The North America Aneurysm Clips Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
Clipping has been performed for a long time, that researches has been done on the basis of its results, and the procedure has been fine tuned for better outcomes. Clipping surgery could be carried out on most types of aneurysms, even for the already ruptured ones. The clipping process could also be done on those aneurysms that are considered challenging to treat, like those with a broad neck at the base.
Well-clipped aneurysms have a very low risk of reoccurrence, so for several patients, the clipping process resolves the issue of aneurysm. Due to these, most of the patients, especially the younger ones, prefer clipping surgery over any other treatment method which would stimulate the growth of the aneurysm clips market in the upcoming years.
The CDC stated, one out of six deaths from cardiovascular disease was because of stroke in 2020. More than 795,000 people in the U.S. undergo stroke every year. This indicates that stroke is the leading source of death for Americans. The WISEWOMAN program offers uninsured, underinsured, or low-income women with chronic disorder risk factor lifestyle programs, referral facilities, and screening to avoid strokes and heart disease. Such government initiatives and an increase in diseases like aneurysms and strokes will increase the utilization of aneurysm clips. These factors will surge the regional aneurysm clips market in the upcoming years.
The US market dominated the North America Aneurysm Clips Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $28,765.8 Thousands by 2028. The Canada market is poised to grow at a CAGR of 9.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.5% during (2022 - 2028).
Based on Material, the market is segmented into Titanium Aneurysm Clips, Polymer and Others. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers and Others. Based on Indication, the market is segmented into Stroke, Cerebral Artery Stenosis, Cerebral Aneurysm and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Abbott Laboratories, Stryker Corporation, Integra LifeSciences Holdings Corporation, Boston Scientific Corporation, B. Braun Melsungen AG (Aesculap, Inc.), Galvani Bioelectronics, Ltd. (GlaxoSmithKline plc and Verily Life Sciences), KLS Martin Group, Adeor Medical AG, and Evonos GmbH & Co.KG.
Scope of the Study
Market Segments covered in the Report:
By Material
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