Global aneurysm treatment market is rising gradually with a substantial CAGR in the forecast period of 2019-2026. The increase in prevalence of brain aneurysm and rapid advancements in surgical tools and techniques are the reasons for growth of Aneurysm treatment market.
The reliable Aneurysm Treatment market document makes businesses powerful whether it is large, medium or small for existing and succeeding in the market. The report holds a massive importance when it comes to market definition, classifications, applications and engagements. Not to mention all of the topics of this report have been thoroughly studied with the best tools and techniques. This business research report also provides CAGR value fluctuation during the forecast period of 2021-2028 for the market. SWOT analysis has been used throughout the finest Aneurysm Treatment market research report which helps emphasize on the global key manufacturers, market definition, description and analysis of the market competition landscape.
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Few of the major competitors currently working in the global aneurysm treatment market are Terumo Medical Corporation, Medtronic, Novartis AG, Abbott, Mylan N.V., InfraScan, Inc., MicroPort Scientific Corporation, Spiegelberg GmbH & Co. KG, WOCKHARDT, Heritage, Pfizer Inc., Baxter, AbbVie Inc., Glenmark, Siemens, among others.
Key Developments in the Market:
- In February 2019, Sequent Medical, Inc. received the U.S. FDA approval for newly developed Woven EndoBridge device which is used for prevention of bursting of walls of arteries that are affected by aneurysm, and also heals the blood vessels. With this approval the company will simplify the treatment by reducing the usual treatment time. This device is also comparatively safer as the patients are not required to be placed on blood thinners
- In February 2019, Medtronic received the expanded approval from the U.S. FDA for Pipeline Flex, an embolization device that is used for treatment of Intracranial Aneurysms (IAs). The device was only used for endovascular treatment of adults with large or giant wide-necked intracranial aneurysms (IAs). After the expansion approval, the device is used for treatment of patients with small or medium, wide-necked brain aneurysms in the territory from the petrous to the terminus of the internal carotid artery
- Prevailing cases of brain aneurysms can drive the market growth
- Rising cases of hypertension and brain aneurysms boosts the market growth
- Rapid advancements in surgical tools and techniques can also act as a market driver
- Increasing population of smokers and consumers of tobacco can also act as factors boosting the market growth
- High management cost of aneurysmal subarachnoid hemorrhage can act as a restricting factor in the growth of this market
- Unknown symptoms of unruptured brain aneurysm also impede this market growth
- The risks involved in surgeries in many cases of aneurysm specially brain hinders the market growth
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Segmentation: Global Aneurysm Treatment Market
- Aortic Aneurysm
- Cerebral Aneurysm
- Fusiform Aneurysms Bulge
- Saccular Aneurysms Bulge
By Treatment Type
By Route of Administration
By End Users
- Specialty Clinics
By Distribution Channels
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
- North America
- South America
- Middle East & Africa
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Key points for analysis
- To get a comprehensive overview of the Aneurysm Treatment market.
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- To gain insights about the major regional insights in which the Aneurysm Treatment is flourishing.
- Recent industry trends and developments
- Potential and niche segments/regions exhibiting promising growth
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