Brain Aneurysm Treatment Market Trends, Leading Key Players Review, Demand and Upcoming Trend by Forecast to 2030
Brain Aneurysm Treatment Market Overview
The increasing and widespread prevalence of brain aneurysms, rapid advancements in surgical techniques, rising incidence of high blood pressure, and inflated funding by governments and related bodies in the healthcare sector. Also, the presence of brain aneurysm in family medical history is another key driver of the market. High prevalence of the disease in women than men can influence changes in medical policies and development of advanced medical devices.However, high management cost of aneurysmal subarachnoid hemorrhage and unknown symptoms of unruptured aneurysm can pose a challenge to the market growth.
Brain aneurysm or cerebral aneurysm is an abnormal lesion in the blood vessels of the brain which can cause health hazards and lead to death. It has the potential to rupture which can cause internal bleeding and lead to a stroke. The global brain aneurysm market report by Market Research Future (MRFR) considers historic events, news, and company investments for predicting an enumerated list of drivers, opportunities, and restraints for interested investors.Market Research Future (MRFR) asserts in its report that the global Brain Aneurysm Treatment Market Trends is influenced by various key factors. This includes, the increasing and widespread prevalence of brain aneurysms, rising occurrence of high blood pressure, rapid advancements in surgical techniques, and increasing funding by the government and related bodies in the healthcare sector. Also, the presence of brain aneurysm in the family is another key driver of the market. However, issues like high management cost of aneurysmal subarachnoid hemorrhage and unknown symptoms of unruptured brain aneurysm can hamper the overall growth of the market.
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Segmentation
- The brain aneurysm treatment market segmentation is based in terms of condition, type, and end-user.
- By type, the market divides into medication and surgery.
- The surgery segment narrows down further into endovascular coiling, surgical clipping, flow diverter, and others. The flow diverter segment breaks down into silk flow diverter (SILK), pipeline embolization device, and surpass flow diverter (SURPASS).
- The medication segment comprises calcium channel blockers, anti-seizure medications, antacids, antiemetics, analgesics, antihypertensives, stool softeners, and others.
- By end-user, the market includes clinics, hospital, and others.
- By condition, the market divides into ruptured and unruptured aneurysm.
Analysis
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The global brain aneurysm treatment market is geographically segmented into major regions like Asia Pacific, Europe, the Americas, and the Middle East & Africa.
The Americas hold the dominant share of the global aneurysm treatment market and is expected to grow significantly in the forthcoming years. The growth of the region is attributed to the increasing prevalence of brain aneurysm.
The European region holds the second largest share of the market for brain aneurysm. The region’s growth is proliferated by the support provided by the government for research and development and for the improvement of reimbursement policies in healthcare. Also, cerebrovascular conditions are also seemingly prevalent in this region, which is also aiding the growth herein.
The Asia Pacific region is positioned as one of the key players in the global brain aneurysm treatment landscape. It is expected to hold the potential to be the fastest growing region among the mentioned names. The surging growth and expansion of the region can be owed to the massive patient population and the ameliorating healthcare technology.
The Middle East & Africa regions holds the least share in the brain aneurysm treatment market owing to the lack of proper availability of medical facilities. However, the decent growth market in this region is driven by some of the most advancing countries in the Middle East, including Saudi Arabia, the UAE, and Kuwait. While, the African region is expected to garner moderate growth rate.
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