Global Intracranial Aneurysm market set to grow to USD 2.96 Billion by 2033.

From GlobeNewswire: 2024-06-21 22:00:00

The Global Intracranial Aneurysm Market is set to grow from USD 1.46 Billion in 2023 to USD 2.96 Billion by 2033, with a CAGR of 7.32%. A cerebral aneurysm is a localized artery dilation in the brain, often leading to subarachnoid hemorrhage. Treatment demand is driven by factors like high blood pressure and trauma, with elderly demographics being more susceptible. The market is dynamic but faces barriers like high treatment costs and post-surgery complications. Endovascular coiling is expected to dominate the market, offering a minimally invasive way to treat aneurysms through embolization. Hospitals are the key end users, with North America leading in market share due to factors like an aging population and strong healthcare systems. Growth in Asia Pacific is driven by factors like an aging population, high stress levels, and improved diagnostics. Major vendors in this market include Medtronic, Stryker Corporation, Johnson & Johnson, and more. Notably, AI software has shown promise in anticipating stent placements accurately. The market is segmented by type (surgical clipping, endovascular coiling, etc.) and region to provide a comprehensive analysis.



Read more at GlobeNewswire: Global Intracranial Aneurysm Market Size To Worth USD 2.96