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Insights on the Intracranial Aneurysm Global Market to 2027 - US Market is Estimated at $294.1 Million - ResearchAndMarkets.com

Insights on the Intracranial Aneurysm Global Market to 2027 - US Market is Estimated at $294.1 Million - ResearchAndMarkets.com

By AP News
Published - Nov 16, 2022, 08:01 AM ET
Last Updated - Jun 23, 2023, 01:55 PM EDT

DUBLIN--(BUSINESS WIRE)--Nov 16, 2022--

The "Intracranial Aneurysm: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Intracranial Aneurysm estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 9.5% over the analysis period 2020-2027.

Endovascular Coiling, one of the segments analyzed in the report, is projected to record a 9.3% CAGR and reach US$1.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Flow Diverters segment is readjusted to a revised 12.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $294.1 Million, While China is Forecast to Grow at 14.1% CAGR

The Intracranial Aneurysm market in the U.S. is estimated at US$294.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$455.5 Million by the year 2027 trailing a CAGR of 14.1% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 8.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$281.1 Million by the year 2027.

Surgical Clipping Segment to Record 9.6% CAGR

In the global Surgical Clipping segment, USA, Canada, Japan, China and Europe will drive the 9.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$40.6 Million in the year 2020 will reach a projected size of US$73.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 11.1% CAGR through the analysis period.

Select Competitors (Total 36 Featured) -

  • B. Braun Melsungen AG
  • Integra LifeSciences Corporation
  • Johnson & Johnson
  • Medtronic
  • MicroPort Scientific Corporation
  • Raumedic AG
  • Stryker
  • Terumo Corporation

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Intracranial Aneurysm - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/v04gam

View source version on businesswire.com:https://www.businesswire.com/news/home/20221116005602/en/

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KEYWORD:

INDUSTRY KEYWORD: BIOTECHNOLOGY HEALTH SURGERY

SOURCE: Research and Markets

Copyright Business Wire 2022.

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