Intracranial Aneurysm

Intracranial Aneurysm Market by Aneurysm Type (Fusiform, Mycotic, Saccular), Treatment Type (Embolization Devices, Endovascular Coiling, Flow Diverter Stents), Patient Demographics, Diagnosis Type, Healthcare Providers, End User, Technology - Global Forecast 2025-2030

SKU
MRR-A339DAEF9EC7
Region
Global
Publication Date
December 2024
Delivery
Immediate
2023
USD 1.32 billion
2024
USD 1.60 billion
2030
USD 5.38 billion
CAGR
22.16%
360iResearch Analyst Ketan Rohom
Download a Free PDF
Get a sneak peek into the valuable insights and in-depth analysis featured in our comprehensive intracranial aneurysm market report. Download now to stay ahead in the industry! Need more tailored information? Ketan is here to help you find exactly what you need.

The Intracranial Aneurysm Market size was estimated at USD 1.32 billion in 2023 and expected to reach USD 1.60 billion in 2024, at a CAGR 22.16% to reach USD 5.38 billion by 2030.

Intracranial Aneurysm Market
To learn more about this report, request a free PDF copy

The Intracranial Aneurysm market is defined by diagnostic, therapeutic, and technological measures aimed at identifying and treating balloon-like bulges in brain blood vessels that pose a risk of rupture and hemorrhage. This market is necessary due to the rising incidence of such aneurysms, demand for minimally invasive procedures, and advancements in neuroimaging technologies. Key applications include treatment with surgical clipping, endovascular coiling, and flow diverters. The end-use scope spans hospitals, clinics, and research centers. Market growth is driven by factors like the increasing prevalence of lifestyle diseases such as hypertension and obesity, technological advancements in neuroimaging, and growing awareness about early diagnosis of intracranial conditions. Recent opportunities include the development of next-gen, AI-powered imaging solutions for precise aneurysm detection, and innovative treatment devices with improved safety and efficacy profiles. Companies could capitalize on these by investing in R&D collaborations and strategic partnerships with tech firms.

However, challenges like high costs of treatment procedures, stringent regulatory requirements for new devices, and a scarcity of skilled neurosurgeons could impede market progress. Moreover, the variability in healthcare reimbursement policies across different regions may limit access to advanced therapies. To overcome these, companies should focus on cost-efficient manufacturing and engage in educational initiatives to enhance practitioner proficiency. The market presents ripe opportunities for innovation in bioresorbable stents, robotic-assisted surgical techniques, and personalized medicine approaches to treatment. Additionally, there is a promising avenue in enhancing patient care through telemedicine platforms for post-treatment monitoring. The Intracranial Aneurysm market is dynamic, characterized by rapid technological advancements and a shift toward digital healthcare solutions. Companies aiming for sustainable growth should prioritize accelerating product development cycles, enhancing interoperability with existing medical infrastructures, and expanding their geographies through strategic alliances. Overall, focusing on patient-centric innovations and value-based care will allow players to navigate challenges and harness the full potential of this burgeoning market.

Ask ResearchAI anything

World's First Innovative Al for Market Research

Ask your question about the Intracranial Aneurysm market, and ResearchAI will deliver precise answers.
How ResearchAI Enhances the Value of Your Research
ResearchAI-as-a-Service
Gain reliable, real-time access to a responsible AI platform tailored to meet all your research requirements.
24/7/365 Accessibility
Receive quick answers anytime, anywhere, so you’re always informed.
Maximize Research Value
Gain credits to improve your findings, complemented by comprehensive post-sales support.
Multi Language Support
Use the platform in your preferred language for a more comfortable experience.
Stay Competitive
Use AI insights to boost decision-making and join the research revolution at no extra cost.
Time and Effort Savings
Simplify your research process by reducing the waiting time for analyst interactions in traditional methods.

Market Dynamics

The market dynamics represent an ever-changing landscape of the Intracranial Aneurysm Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • The importance of collaborations between medical institutions and tech companies in driving innovation
    • Exploring key factors driving the growth of the intracranial aneurysm market in the medical field
    • Examining the influence of a growing elderly population on the prevalence and treatment of aneurysms
  • Market Restraints
    • Key restraints in the intracranial aneurysm treatment market that impede industry progression and growth
    • The primary barriers to the adoption of innovative solutions in the intracranial aneurysm treatment field
    • Insights into operational and logistical challenges within the intracranial aneurysm healthcare sector
  • Market Opportunities
    • Explore expansion opportunities in emerging markets with increasing demand for cerebral healthcare services
    • Explore innovative non-invasive imaging technologies for precise and accurate aneurysm diagnosis
    • Enhance awareness campaigns to educate at-risk populations about early signs of aneurysms and prevention
  • Market Challenges
    • Addressing data privacy concerns in the collection and utilization of patient information for better outcomes
    • Overcoming limited awareness among patients and healthcare providers about intracranial aneurysm risks
    • Managing the competitive landscape with the influx of innovative entrants and established technology giants

Market Segmentation Analysis

  • Type: Demand for minimally invasive technique such as endovascular coiling for smaller, saccular aneurysms

    Artery occlusion and bypass procedures are surgical interventions utilized when an intracranial aneurysm is considered too difficult or dangerous to treat with less invasive methods. These procedures involve closing off the affected artery and rerouting the blood flow using a vessel graft to preserve cerebral circulation. This technique is typically reserved for complex aneurysms that are not amenable to endovascular techniques or where previous treatments have failed. Endovascular coiling is a minimally invasive procedure that implicates inserting a catheter into an artery and navigating it to the aneurysm site. Soft metal coils are then deployed through the catheter into the aneurysm, promoting blood clotting and preventing blood flow into the aneurysm, thus reducing the risk of rupture. Endovascular coiling is often the preferred choice for treating many intracranial aneurysms due to its less invasive nature and reduced recovery time compared to open surgery. Flow diverters are endovascular devices designed to treat large and giant aneurysms and those with a wide base that is not suitable for coiling. These stent-like devices are placed across the neck of the aneurysm to redirect blood flow away from the aneurysm sac. Over time, this leads to thrombosis within the aneurysm and reconstruction of the affected vessel segment. Flow diverters are effective in occluding aneurysms while preserving blood flow in the parent artery. Surgical clipping is a traditional and definitive treatment for intracranial aneurysms that involves a craniotomy to expose the aneurysm. A neurosurgeon then places a small metal clip at the base of the aneurysm, effectively isolating it from the arterial blood flow. This prevents the aneurysm from growing or rupturing. While the procedure is invasive and requires a longer recovery period, it is a durable solution with a high long-term success rate.

  • End User: Rising patient flow across clinics for early screening and diagnostic services

    Clinics, particularly those specializing in neurology and radiology, provide services for diagnosing and treating intracranial aneurysms. These facilities are usually smaller than hospitals and are often preferred by patients for early diagnosis, outpatient care, and convenience. Hospitals represent the most comprehensive end-use segment for intracranial aneurysm management, offering a full spectrum of diagnostic, surgical, and postoperative care. They are typically equipped with advanced neuroimaging technologies, such as high-resolution MRI and CT scanners, essential for the precise diagnosis and preoperative planning of aneurysm treatment. Hospitals facilitate open surgical procedures, such as microsurgical clipping, and endovascular therapies, such as coiling or flow diversion, conducted in well-equipped operating theaters with trained neuro-interventional radiologists and neurosurgeons. Post-treatment, hospitals provide intensive care units for monitoring patients, particularly after invasive surgeries or in the event of complications such as aneurysm rupture.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Intracranial Aneurysm Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

PESTLE Analysis

The PESTLE analysis offers a comprehensive tool for understanding and analyzing the external macro-environmental factors that impact businesses within the Intracranial Aneurysm Market. This framework examines Political, Economic, Social, Technological, Legal, and Environmental factors, providing companies with insights into how these elements influence their operations and strategic decisions. By using PESTLE analysis, businesses can identify potential opportunities and threats in the market, adapt to changes in the external environment, and make informed decisions that align with current and future conditions. This analysis helps companies anticipate shifts in regulation, consumer behavior, technology, and economic conditions, allowing them to better navigate risks and capitalize on emerging trends.

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Intracranial Aneurysm Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Intracranial Aneurysm Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Recent Developments

  • Evasc announces clinical milestones and plans to expand European presence with German subsidiary

    Evasc Neurovascular expanded its business in Europe by inaugurating a new subsidiary, Evasc Neurovascular GmbH, in Germany. This strategic decision marks a major advancement in Evasc's mission to enhance neurovascular care in the European region, promising more efficient services and bolstering its direct sales operations. Furthermore, Evasc underscores its commitment to innovation and patient care with developments in the France-based EESIS trial, underpinning the effectiveness and safety of its pioneering neurovascular solutions. [Published On: January 05, 2024]

  • OU Researchers Designing Device to Improve Brain Aneurysm Treatment

    University of Oklahoma professor launched a project to design a device that can improve brain aneurysm treatment. With a keen emphasis on subarachnoid hemorrhages and acute bleedings that occur in the space between the brain and its protective membrane, typically triggered by the rupture of an aneurysm, this project aims to devise a customizable medical device. This innovation seeks to enhance patient-specific care for these potentially fatal cerebrovascular irregularities. The research addresses the limitations of the current treatment modalities, which include the highly invasive surgical clip ligation, entailing an open-skull operation, and the less invasive but widely adopted endovascular coil embolization, a procedure that employs a catheter to place soft coils and prevent blood from entering the aneurysm. [Published On: September 21, 2023]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Intracranial Aneurysm Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Intracranial Aneurysm Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Abbvie Inc., Acandis GmbH, Adeor Medical AG, B. Braun Melsungen AG, Balt Extrusion S.A., Bayer AG, Bristol-Myers Squibb Company, Cardiatis, S.A., Evasc Medical Systems Corp, F. Hoffmann-La Roche AG, Integra Lifesciences Holdings Corporation, Johnson & Johnson Services, Inc., Kaneka Corporation, Medtronic PLC, Merck & Co., Inc., Microport Scientific Corporation, Mizuho Medical Co,Ltd., Oxford Endovascular Ltd., Penumbra, Inc., Pfizer Inc., Stryker Corporation, and Terumo Corporation.

Market Segmentation & Coverage

This research report categorizes the Intracranial Aneurysm Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Aneurysm Type
    • Fusiform
    • Mycotic
    • Saccular
  • Treatment Type
    • Embolization Devices
      • Liquid Embolics
      • Solid Embolization
    • Endovascular Coiling
      • Balloons
      • Stents
    • Flow Diverter Stents
      • Pipeline Embolization Device
    • Surgical Clipping
      • Endoscopic Surgery
      • Traditional Surgery
  • Patient Demographics
    • Age
      • Adult
      • Geriatric
      • Pediatric
    • Co-Morbidities
      • Diabetes
      • Hypertension
      • Obesity
    • Gender
      • Female
      • Male
  • Diagnosis Type
    • Cerebral Arteriography
    • CT Angiography
    • MR Angiography
  • Healthcare Providers
    • Ambulatory Surgical Centers
    • Hospitals
      • Private
      • Public
  • End User
    • Neurologists
    • Neurosurgeons
    • Radiologists
  • Technology
    • Imaging Technology
      • 3D Imaging
      • High-Resolution Imaging
    • Intracranial Pressure Monitoring
      • Non-Invasive Monitoring Methods
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Intracranial Aneurysm Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Intracranial Aneurysm Market, by Aneurysm Type
  7. Intracranial Aneurysm Market, by Treatment Type
  8. Intracranial Aneurysm Market, by Patient Demographics
  9. Intracranial Aneurysm Market, by Diagnosis Type
  10. Intracranial Aneurysm Market, by Healthcare Providers
  11. Intracranial Aneurysm Market, by End User
  12. Intracranial Aneurysm Market, by Technology
  13. Americas Intracranial Aneurysm Market
  14. Asia-Pacific Intracranial Aneurysm Market
  15. Europe, Middle East & Africa Intracranial Aneurysm Market
  16. Competitive Landscape
Frequently Asked Questions
  1. How big is the Intracranial Aneurysm Market?
    Ans. The Global Intracranial Aneurysm Market size was estimated at USD 1.32 billion in 2023 and expected to reach USD 1.60 billion in 2024.
  2. What is the Intracranial Aneurysm Market growth?
    Ans. The Global Intracranial Aneurysm Market to grow USD 5.38 billion by 2030, at a CAGR of 22.16%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
  5. How long has 360iResearch been around?
    Ans. We are approaching our 7th anniversary in 2024!
  6. What if I have a question about your reports?
    Ans. Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
  7. Can I share this report with my team?
    Ans. Absolutely yes, with the purchase of additional user licenses.
  8. Can I use your research in my presentation?
    Ans. Absolutely yes, so long as the 360iResearch cited correctly.