Growing global geriatric population, rising number of intracranial aneurysms rupture cases, and easy availability of bio-compatible clips in variety of sizes and shapes are key factors driving market revenue growth.
Market Size - USD 1,171.8 Million in 2020, Market Growth - CAGR of 5.8%, Market Trends - Rising investments by major players in technological advancements across the globe.
The global aneurysm clips market size is expected to reach USD 1,852.0 Million in 2028, and register a CAGR of 5.8% during the forecast period. Increasing prevalence of various chronic diseases and disorders such as atherosclerosis, hypertension/ high blood-pressure, drug use including cocaine, tumors, traumatic head injury, smoking, congenital resulting out of artery wall abnormality, and disorders such as Ehlers Danlos Syndrome, Marfan Syndrome, Polycystic Kidney Disease, and Fibromuscular Dysplasia (FMD) is a major factors contributing to formation of aneurysms, thereby driving revenue growth of the global aneurysm clips market.
Market Size - USD 1,171.8 Million in 2020, Market Growth - CAGR of 5.8%, Market Trends - Rising investments by major players in technological advancements across the globe.
The global aneurysm clips market size is expected to reach USD 1,852.0 Million in 2028, and register a CAGR of 5.8% during the forecast period. Increasing prevalence of various chronic diseases and disorders such as atherosclerosis, hypertension/ high blood-pressure, drug use including cocaine, tumors, traumatic head injury, smoking, congenital resulting out of artery wall abnormality, and disorders such as Ehlers Danlos Syndrome, Marfan Syndrome, Polycystic Kidney Disease, and Fibromuscular Dysplasia (FMD) is a major factors contributing to formation of aneurysms, thereby driving revenue growth of the global aneurysm clips market.
Some Key Findings From the Report:
- Among the material segments, the cobalt-chromium aneurysm clip segment accounted for the largest revenue share of 39.7% in the global aneurysm clips market in 2020.
- North America aneurysm clips market accounted for the largest revenue share in the global market in 2020, and is expected to continue with its dominance over the forecast period,
- The Asia Pacific market size was USD 269.5 Million in 2020, due to rising prevalence of various chronic diseases and disorders owing to unhealthy lifestyle and increasing stress levels among people in the region.
- Key players 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. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
- In 2016, Neos Surgery S.L. 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.
For the purpose of this report, the global aneurysm clips market is segmented on the basis of material, aneurysm type, end use, and region:
Material Outlook
- Titanium Aneurysm Clip
- Cobalt-Chromium Aneurysm Clip
- Others
Aneurysm Type Outlook
- Abdominal
- Cerebral
- Thoracic
- Peripheral
End Use Outlook
- Hospitals and Cardiac Clinics
- Specialty Clinics
- Ambulatory Surgical Centers
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Aneurysm Clips Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Aneurysm Clips Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Aneurysm Clips Market Segmentation & Impact Analysis
Chapter 5. Aneurysm Clips Market, By Material Insights & Trends
Chapter 6. Aneurysm Clips Market, By Aneurysm Type Insights & Trends
Chapter 7. Aneurysm Clips Market, By End Users Insights & Trends
Chapter 8. Aneurysm Clips Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Braun Melsungen AG
- Peter LAZIC GmbH
- KLS Martin Group
- Adeor Medical AG
- Rebstock Instruments GmbH
- Mizuho America
- Stryker Corporation
- RauMedic
- InoMed
- Codman & Shurtleff
