Key Competitors like Medtronic and Stryker Drive Growth in the Global Intracranial Aneurysm Market, Valued at $1.2 Billion in 2022

Key Competitors like Medtronic and Stryker Drive Growth in the Global Intracranial Aneurysm Market, Valued at $1.2 Billion in 2022

GlobeNewswire

Published

Dublin, Sept. 14, 2023 (GLOBE NEWSWIRE) -- The "Intracranial Aneurysm - Global Strategic Business Report" report has been added to * ResearchAndMarkets.com's* offering.

The Global Intracranial Aneurysm Market is experiencing substantial growth, with an estimated value of US$1.2 billion in 2022. It is projected to reach a size of US$2.8 billion by 2030, representing a compound annual growth rate (CAGR) of 11% during the period from 2022 to 2030. Here are some key insights from the report:

*Market Segmentation:*

· *Endovascular Coiling Segment:* This segment, one of the segments analyzed in the report, is projected to record a CAGR of 10.7% and reach a value of US$2.3 billion by the end of the analysis period. Endovascular coiling likely refers to a minimally invasive procedure used to treat intracranial aneurysms by placing coils within the aneurysm to promote clotting and prevent rupture.
· *Flow Diverters Segment:* Growth in the flow diverters segment has been readjusted to a revised 15.1% CAGR for the next 8-year period. Flow diverters are devices used to redirect blood flow away from the aneurysm, effectively treating the condition.

*Regional Analysis:*

· *United States:* The intracranial aneurysm market in the United States is estimated to be worth US$327.7 million in 2022.
· *China:* China's market for intracranial aneurysm treatment is expected to experience significant growth, reaching a projected market size of US$690.6 million by 2030, with a high CAGR of 16.6% during the period from 2022 to 2030.
· *Other Noteworthy Markets:* Japan and Canada are also expected to experience growth, with forecasted CAGRs of 5.8% and 9.7%, respectively, over the period from 2022 to 2030. Within Europe, Germany is forecasted to grow at approximately 7% CAGR.

*Key Competitors:*

The report features a total of 36 competitors in the intracranial aneurysm market, with several prominent players, including:

· B. Braun Melsungen AG
· Integra LifeSciences Corporation
· Johnson & Johnson
· Medtronic
· MicroPort Scientific Corporation
· Raumedic AG
· Stryker
· Terumo Corporation

*What's New?*

· Global competitiveness and key competitor percentage market shares
· Market presence across multiple geographies - Strong/Active/Niche/Trivial
· Online interactive peer-to-peer collaborative bespoke updates
· Access to digital archives and Research Platform
· Complimentary updates for one year

*Key Attributes:*

*Report Attribute* *Details*
No. of Pages 92
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $1.2 Billion
Forecasted Market Value (USD) by 2030 $2.8 Billion
Compound Annual Growth Rate 11.2%
Regions Covered Global

*Key Topics Covered:*

*I. METHODOLOGY*

*II. EXECUTIVE SUMMARY*

*1. MARKET OVERVIEW*

· Influencer Market Insights
· World Market Trajectories
· Impact of Covid-19 and a Looming Global Recession
· Intracranial Aneurysm - Global Key Competitors Percentage Market Share in 2022 (E)
· Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

*2. FOCUS ON SELECT PLAYERS*

*3. MARKET TRENDS & DRIVERS*

*4. GLOBAL MARKET PERSPECTIVE*

*III. MARKET ANALYSIS*

*IV. COMPETITION*

For more information about this report visit https://www.researchandmarkets.com/r/s38dsm

*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

*Attachment*

· Global Market for Intracranial Aneurysm

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