The global aneurysm clips market is forecast to reach USD 1.84 Billion by 2028, according to a new report by Reports and Data. The procedure of accessing blood vessels directly by performing a craniotomy and positioning an aneurysm clip to cut off blood supply is known as aneurysm clipping.
This procedure has been used for years to treat brain aneurysms and is not only effective and safe but can be performed on all types of aneurysm. It lowers the risk of recurrence in many patients. Rising demand for surgical procedures and integration of highly compatible materials into the clips are expected to influence the growth of the market. Moreover, the availability of biocompatible aneurysm clips in a variety of shapes and sizes for applications in the neurological field is expected to create potential growth prospects of the aneurysm clips market. Further, the adoption of these clips is anticipated to accelerate by increasing access to healthcare facilities globally majorly.
In 2016, Neos Surgery developed plastic clips, which allows post-surgical checkups via Computed Tomography (CT) and Magnetic Resonance Imaging (MRI) scans, which is not possible with a metal clip. The technology was developed through the European Union’s Eureka Eurostars program, which funded R&D with USD 1.23 million.
In-depth Study of the Competitive Landscape:
The global Aneurysm Clips market consists of various market players, which make this business sphere highly competitive. In this section of the report, the authors have provided authentic information on product portfolios, new product innovations, technological capabilities, and product pricing strategies of each of these players. Moreover, it discusses the key strategies implemented by these players, such as mergers & acquisitions, joint ventures, collaborations, partnerships and agreements, to build on their market presence.
Top companies profiled in the report include:
B. Braun Melsungen AG, Peter LAZIC GmbH, KLS Martin Group, Adeor Medical AG, Rebstock Instruments GmbH, Mizuho America, Stryker Corporation, RauMedic, InoMed, and Codman & Shurtleff, among others.
Material Outlook (Revenue, USD Billion; 2018-2028)
- Titanium Aneurysm Clip
- Cobalt-Chromium Aneurysm Clip
Aneurysm Type Outlook (Revenue, USD Billion; 2018-2028)
End-Users Outlook (Revenue, USD Billion; 2018-2028)
- Hospitals and Cardiac Clinics
- Specialty Clinics
- Ambulatory Surgical Centers
Key Market Regions Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Frequently asked questions addressed in the report:
- What is the revenue growth rate of the global Aneurysm Clips market over the forecast period?
- What are the major factors driving the growth of the Global Aneurysm Clips Market?
- What are the key challenges impacting the global Aneurysm Clips market growth?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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