Impact of Covid-19 on Aneurysm Clips Market is Expected to Thrive at Impressive CAGR by 2027 & Top Key Players are Peter LAZIC GmbH, KLS Martin Group, Adeor Medical AG, etc
: New York, United States, 21-July-2020, (Via WiredRelease), (Reports and Data) – The global aneurysm clips market is forecast to reach USD 1.74 Billion by 2027, 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.
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The COVID-19 impact:
Covid-19’s spread has affected manufacturing and construction activities worldwide. Logistic limitations and reconsiderations of the raw material requirements are becoming a problem for producers. The producers have relied on derived demand as an intermediate commodity to rationalize production. The pandemic’s economic impact on companies and financial markets is also not favorable. Stock market volatility and decreasing global growth are anticipated, which will affect the market. The market has experienced a downturn over the weeks, which may continue over the next few months. The Asia Pacific is the most affected region by this pandemic, with China at the center of the outbreak. Most initiatives in multiple countries have changed to a temporary halt. Development, as well as supply, is put on hold, creating losses for suppliers, dealers and customers alike.
Key participants include
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.
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For the purpose of this report, Reports and Data have segmented into the global Aneurysm Clips market on the basis of type, propellants, application, and region:
Material Outlook (Revenue, USD Billion; 2016-2027)
Titanium Aneurysm Clip
Cobalt-Chromium Aneurysm Clip
Aneurysm Type Outlook (Revenue, USD Billion; 2016-2027)
End-Users Outlook (Revenue, USD Billion; 2016-2027)
Hospitals and Cardiac Clinics
Ambulatory Surgical Centers
Regional Outlook (Revenue, USD Million; 2017-2027)
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/aneurysm-clips-market
Key insights of the report:
The report delivers key statistics on the current market status of the Aneurysm Clips manufacturers and is a reliable source of guidance and direction for the companies and individuals interested in the industry.
The report delivers an overview of the industry, including the basic definition, applications, the latest manufacturing technology, and others.
The report comprises of the company profile, product specifications, production capacity, production value, and market shares for the key competitors.
The market is further divided by company, by country, and by application/type for the competitive landscape analysis.
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