ANEURYSM CLIPS MARKET ANALYSIS
Aneurysm Clips Market - Regional Insights
On the basis of region, the global aneurysm clips market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America aneurysm clips market is expected to foresee major revenue share, owing to increasing incidences of aneurysm in the U.S. According to the Brain Aneurysm Foundation 2018 data, around six million people in the U.S. have unruptured aneurysms.
Europe aneurysm clips market is anticipated to grow at significant rate, owing to presence of industry players focusing on development of innovative products in the field of aneurysm. For instance, in 2016, Neos Surgery developed plastic clips, which allows post-surgical checkups via Magnetic Resonance Imaging (MRI) and Computed Tomography (CT) scans, which is not possible with a metal clip. The technology was developed through the European Union’s Eureka Eurostars program, which funded R&D with US$ 1.23 million.
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