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: 2018 – 2026, considering 2017, 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:
- Global Aneurysm Clips Market, By Region:
- North America
- By Country:
- By Aneurysm Type:
- Abdominal Aneurysm
- Cerebral Aneurysm
- Thoracic Aneurysm
- Peripheral Aneurysm
- By Raw Material:
- 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:
- 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:
- 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:
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Aneurysm Type:
- Abdominal Aneurysm
- Cerebral Aneurysm
- Thoracic Aneurysm
- Peripheral Aneurysm
- By Raw Material:
- Africa
- By Country:
- South Africa
- Central Africa
- North Africa
- By Aneurysm Type:
- Abdominal Aneurysm
- Cerebral Aneurysm
- Thoracic Aneurysm
- Peripheral Aneurysm
- By Raw Material:
- 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.