Intracranial Aneurysm Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently released a comprehensive analysis of the Intracranial Aneurysm Market, offering an in-depth overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the intracranial aneurysm market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The global intracranial aneurysm market is forecast to expand at a CAGR of 8.4% and thereby increase from a value of US$1.23 Bn in 2023 to US$2.17 Bn by the end of 2030.

Key Insights:

Intracranial Aneurysm Market Size (2023): USD 1.23 billion
Projected Market Value (2030): USD 2.17 billion
Global Market Growth Rate (CAGR 2023 to 2030): 8.4%
Historical Market Growth Rate (CAGR 2018 to 2022): 7.1%

Intracranial Aneurysm Market - Report Scope:

The intracranial aneurysm market encompasses diagnostic tools, treatment modalities, and therapeutic devices aimed at addressing cerebral aneurysms. Cerebral aneurysms represent a significant health concern globally due to their potential to cause life-threatening hemorrhagic strokes. The market offers a range of treatment options, including surgical clipping, endovascular coiling, and flow diversion devices, tailored to the specific needs of patients. Market growth is primarily driven by advancements in minimally invasive techniques, increasing awareness about early diagnosis and treatment, and the growing prevalence of risk factors such as hypertension and smoking.

Market Growth Drivers:

The intracranial aneurysm market is propelled by the rising incidence of cerebral aneurysms worldwide, attributed to factors such as aging populations and lifestyle-related risk factors. Technological advancements in neuroimaging techniques have facilitated the early detection and diagnosis of intracranial aneurysms, driving demand for interventional therapies. Minimally invasive procedures such as endovascular coiling have gained popularity due to their reduced procedural risks and faster recovery times, contributing to market growth. Moreover, initiatives aimed at raising awareness about the importance of preventive screening and early intervention further stimulate market expansion.

Market Restraints:

Despite significant advancements, the intracranial aneurysm market faces challenges related to treatment outcomes and patient outcomes. While minimally invasive techniques offer advantages in terms of reduced morbidity and mortality, they may not be suitable for all patients, especially those with complex aneurysm anatomy or a history of treatment failure. Additionally, access to specialized neurointerventional centers and skilled healthcare professionals remains limited in certain regions, posing barriers to optimal patient care. Furthermore, concerns regarding the long-term durability and efficacy of endovascular devices underscore the need for continued research and innovation in the field.

Market Opportunities:

The intracranial aneurysm market presents opportunities for innovation and collaboration across the healthcare ecosystem. Emerging technologies such as flow diversion and intrasaccular devices hold promise for improving treatment outcomes and expanding the pool of eligible patients. Moreover, initiatives aimed at integrating artificial intelligence and machine learning into neuroimaging and treatment planning processes have the potential to enhance diagnostic accuracy and personalized treatment strategies. Strategic partnerships between medical device manufacturers, healthcare providers, and research institutions can facilitate the development and commercialization of novel therapies, addressing unmet needs in the management of intracranial aneurysms.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the intracranial aneurysm market?
What are the key challenges and barriers hindering market expansion?
Which treatment modalities are witnessing the highest demand and adoption rates?
How are regulatory trends and reimbursement policies impacting market dynamics?
What are the emerging opportunities and future outlook for the intracranial aneurysm market?

Competitive Landscape and Business Strategies:

Leading companies in the intracranial aneurysm market, including Medtronic, Stryker, MicroPort Scientific Corporation, Johnson & Johnson Services, Inc., MicroVention Inc., Integra LifeSciences, focus on product innovation, geographic expansion, and strategic acquisitions to strengthen their market position. These companies invest heavily in research and development to develop next-generation devices and therapies, catering to evolving patient needs and clinical preferences. Additionally, partnerships with healthcare providers and academic institutions enable them to conduct clinical trials, gather real-world evidence, and demonstrate the clinical efficacy of their products.

Key Companies Profiled:

Medtronic
Stryker
MicroPort Scientific Corporation
Johnson & Johnson Services, Inc.
MicroVention Inc.
Integra LifeSciences
B. Braun Melsungen AG
EVGA Corporation
Others

Intracranial Aneurysm Market Segmentation:

By Type:

Surgical Clipping
Endovascular Coiling
Others

By End User:

Hospitals
Clinics

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33798

1. Executive Summary

1.1. Global Intracranial Aneurysm Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Type Lifecycle Analysis
2.4. Global Intracranial Aneurysm Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Intracranial Aneurysm Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Intracranial Aneurysm Market Outlook: Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
  - 3.3.3.1. Surgical Clipping
  - 3.3.3.2. Endovascular Coiling
  - 3.3.3.3. Others
3.4. Market Attractiveness Analysis: Type
3.5. Global Intracranial Aneurysm Market Outlook: End User
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End User, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
  - 3.5.3.1. Hospitals
  - 3.5.3.2. Clinics
3.6. Market Attractiveness Analysis: End User

4. Global Intracranial Aneurysm Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Global Intracranial Aneurysm Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Type
- 5.3.3. By End User
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 5.5.1. Surgical Clipping
- 5.5.2. Endovascular Coiling
- 5.5.3. Others
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 5.6.1. Hospitals
- 5.6.2. Clinics
5.7. Market Attractiveness Analysis

6. Europe Global Intracranial Aneurysm Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Type
- 6.3.3. By End User
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 6.5.1. Surgical Clipping
- 6.5.2. Endovascular Coiling
- 6.5.3. Others
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 6.6.1. Hospitals
- 6.6.2. Clinics
6.7. Market Attractiveness Analysis

7. East Asia Global Intracranial Aneurysm Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Type
- 7.3.3. By End User
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 7.5.1. Surgical Clipping
- 7.5.2. Endovascular Coiling
- 7.5.3. Others
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 7.6.1. Hospitals
- 7.6.2. Clinics
7.7. Market Attractiveness Analysis

8. South Asia & Oceania Global Intracranial Aneurysm Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Type
- 8.3.3. By End User
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 8.5.1. Surgical Clipping
- 8.5.2. Endovascular Coiling
- 8.5.3. Others
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 8.6.1. Hospitals
- 8.6.2. Clinics
8.7. Market Attractiveness Analysis

9. Latin America Global Intracranial Aneurysm Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Type
- 9.3.3. By End User
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 9.5.1. Surgical Clipping
- 9.5.2. Endovascular Coiling
- 9.5.3. Others
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 9.6.1. Hospitals
- 9.6.2. Clinics
9.7. Market Attractiveness Analysis

10. Middle East & Africa Global Intracranial Aneurysm Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Type
- 10.3.3. By End User
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 10.5.1. Surgical Clipping
- 10.5.2. Endovascular Coiling
- 10.5.3. Others
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 10.6.1. Hospitals
- 10.6.2. Clinics
10.7. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Type Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Medtronic
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Type
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Stryker
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Type
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. MicroPort Scientific Corporation
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Type
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Johnson & Johnson Services, Inc.
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Type
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. MicroVention Inc.
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Type
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Integra LifeSciences
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Type
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. B. Braun Melsungen AG
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Type
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations