Global Intracranial Stents Market Outlook, Opportunities And Strategies
Learn about the global intracranial stents market through The Business Research Company, which provides information on intracranial stents market size, intracranial stents market drivers and restraints, intracranial stents market players, the COVID-19 impact on the intracranial stents market, and more.
The global intracranial stents market is expected to grow from $328.57 million in 2020 to $368.18 million in 2021 at a compound annual growth rate (CAGR) of 12.1%. The growth in the intracranial stents market is mainly due to the increasing incidence of a brain aneurysm and strokes, increase in preference for intracranial stents for the treatment of intracranial stenosis and management of stroke, increasing Demand for Minimally Invasive Intracranial Surgeries, increase in the adoption of technologically advanced intracranial stents, growing prevalence of high blood pressure, and rapid rise in the geriatric population. The market is expected to reach $700.90 million in 2025 at a CAGR of 17.5%.
The increasing incidence of a brain aneurysm is expected to drive innovation in intracranial stents, thus driving the market during the forecast period.
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The intracranial stents market consists of sales of intracranial stents by entities (organizations, sole traders, and partnerships) that manufacture intracranial stents. Intracranial stents are the tubular device that is placed inside the blood vessel, canal, or duct. They are used for intracranial stenosis and brain aneurysms to open the blocked arteries.
Global intracranial stents market segments include:
By Type: Self Expanding Stents, Balloon Expanding Stents, Stent-Assisted Coil Embolization
By Disease Indication: Brain Aneurysm, Intracranial Stenosis
By End-User: Hospitals, Ambulatory Surgery Centers, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the intracranial stents market in 2020.
The introduction of flow diversion technology to the field of neurointervention has revolutionized the treatment of intracranial aneurysms which is a key trend gaining popularity in the intracranial stents market. Flow diversion is an endovascular procedure in which a device is inserted in the parent blood vessel to move blood flow away from the aneurysm rather than around the aneurysm sac.
TBRC’s intracranial stents market report covers:
Major Market Players: Medtronic, Balt, Stryker Corporation, MicroPort Scientific Corporation, Boston Scientific Corporation, Acandis GmbH, Admedes Schuessler GmbH, MicroVention (Terumo), and Phenox.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Intracranial Stents Global Market Report 2021: COVID-19 Growth And Changeto 2030 is one of a series of new reports from The Business Research Company that provides intracranial stents market overviews, analyzes and forecasts market size, share, intracranial stents market players, intracranial stents market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s intracranial stents market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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