Medications Segment by Type Is Projected to Accelerate at a Fast Pace over the Forecast Period
According to The Insight Partners market research study of Brain Aneurysm Treatment Market Forecast to 2027 – Covid-19 Impact and Global Analysis by Type, Condition, and End User. The global brain aneurysm treatment market is expected to reach US$ 6,222.47 Mn in 2027 from US$ 2,184.15 Mn in 2019. The market is estimated to grow with a CAGR of 14.1% from 2020-2027. The report provides trends prevailing in the global brain aneurysm treatment market and the factors driving market along with those that act as restraints.
The global brain aneurysm treatment market, based on the type, is segmented into medications and surgery. The medication segment held the largest share of the market in 2019. However, surgery segment is estimated to register the highest CAGR in the market during the forecast period. The growth of surgery segment is prominently attributed to effectiveness of surgeries for the treatment of brain aneurysm. The end user segment is segmented into hospitals and clinics.
The brain aneurysm treatment market for is expected to grow, owing to factors such as increasing prevalence of brain aneurysm and associated risk factors and rise in research and development activities are likely to have a positive impact on the growth of the market in coming years.
Leading companies operating in the brain aneurysm treatment market are Stryker Corporation, MicroPort Scientific Corporation, Terumo Corporation, Mizuho Medical Co, Ltd, Penumbra, Inc., Medtronic, Johnson & Johnson Services, Inc., KANEKA CORPORATION, adeor medical AG, and Evasc Medical Systems Corp among others.
Global Brain Aneurysm Treatment Market, By Regions, 2019 (%)
Brain Aneurysm Treatment Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Surgery, Medication); Condition (Unruptured Aneurysm, Ruptured Aneurysm); End User (Hospitals, Clinics), and Geography
Brain Aneurysm Treatment Market to Grow at a CAGR of 14.1% to reach US$ 6,222.47 Mn Million from 2020 to 2027
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Global Brain aneurysm treatment Market – By Type
- Surgery
- Medication
Global Brain aneurysm treatment Market – By Condition
- Unruptured Aneurysm
- Ruptured Aneurysm
Global Brain aneurysm treatment Market – By End User
- Hospitals
- Clinics
Global Brain Aneurysm Treatment Market– By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- U.K
- Spain
- Italy
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Middle East & Africa (MEA)
- Saudi Arabia
- U.A.E
- South Africa
- South & Central America (SCAM)
- Brazil
- Argentina