Report Coverage | Details | ||
---|---|---|---|
Base Year: | 2020 | Market Size in 2021: | US$ 179.8 Mn |
Historical Data for: | 2017 to 2020 | Forecast Period: | 2021 to 2028 |
Forecast Period 2021 to 2028 CAGR: | 6.0% | 2028 Value Projection: | US$ 270.3 Mn |
The global brain hemorrhage market is estimated to be valued at US$ 179.8 million in 2021 and is expected to exhibit a CAGR of 6.0% over the forecast period (2021-2028).
Figure 1. Global Brain Hemorrhage Market Share (%), By Region, 2021
The increasing incidence of risk factors associated with brain hemorrhage such as head injury, high blood pressure, brain tumor, aneurysm, and others is expected to drive the growth of the global brain hemorrhage market over the forecast period.
For instance, according to data provided by the National Center for Biotechnology Information in August 2021, it has been stated that the global prevalence of cerebral aneurysms (weakening of artery in brain) is approximately 3.2% while the risk of rupture causing subarachnoid hemorrhage is about 10 per 100,000 cases. The same source states that the prevalence of cerebral aneurysms increases in females after the age of 50 due to decreased levels of estrogen, which leads to reduced collagen in the vascular tissue, causing the weakening of blood vessels walls.
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