Ongoing research for the treatment of complex aneurysms will boost the intracranial aneurysm market, forecast to touch US$ 1.6 Bn by 2026 at a CAGR of 8.4%
Noida, Uttar Pradesh, India, March 22 2021 (Wiredrelease) Report Ocean Pvt Ltd –:Intracranial aneurysm results in dilation/ballooning of the blood vessels in the brain. It occurs in an artery located in the brain and prevents delivering oxygen-rich blood to the tissues. Several factors contributing to cerebral disorders include hypertension, smoking, any injury to the blood vessels, and genetic predisposition. Moreover, the advent and popularization of endovascular techniques have significantly led to a growing paradigm shift in coil embolization and a downfall in historical microsurgical clipping techniques to treat unruptured intracranial aneurysms (UIAs). Multiple studies have underlined the follow-up imaging of patients who have experienced endovascular therapy treatment procedures due to concerns for its long-term durability and the increased recurrence rates and greater need for retreatment, however, even though relapses after endovascular therapy are reported in up to around 30.0% of treated aneurysms, reports of spontaneous rupture of previously unruptured, coiled aneurysms have been rare. Even though such spontaneous ruptures are unusual, most practitioners take out long-term surveillance imaging and offer retreatment for previously unruptured, coiled aneurysms.
A team of the University of Geneva (UNIGE), the University Hospitals of Geneva (HUG), and the University of Utrecht are researching the genetic determinants of aneurysms, especially understanding the various forms of the disease and evaluating individual risk. The research team is examining the genome of over 10,000 people suffering from aneurysms, as compared to 300,000 healthy volunteers. To date, they have successfully found 17 genetic abnormalities that are mainly involved in the functioning of the vascular endothelium, the inner lining of blood vessels. Following these promising developments, the Global Intracranial Aneurysm Market is estimated to see healthy growth, pegged at a CAGR of around 8.4% throughout the forecast period 2020-2026.
Focused of Researchers on Complex Aneurysms Treatment Procedure
Treatment of complex aneurysms is considered one of the most challenging treatment procedures among neurosurgeons. Complex aneurysms are referred to as aneurysms that could not be normally clipped/treated by conventional endovascular approaches; labeling an aneurysm complex indicates an increased risk of worse outcomes in natural therapy. Patient with ischemic tolerance, either surgical or by endovascular approach is considered as the first line of management. Surgical clip reconstruction uses the higher hand to endovascular intervention for complex aneurysms with a broad neck or intracerebral hematoma. Furthermore, minimally invasive surgical procedures are gaining significant popularity, owing to the reduced risk and trauma associated with these surgical procedures. Numerous key players are significantly investing in R&D for the launch of technologically advanced and innovative minimally invasive endovascular coiling instruments.
Segmentation Overview of the Global Intracranial Aneurysm Market
The intracranial aneurysm market is segmented based on the type and end user. These major market segments are further categorized into various sub-segments to study the market in detail.
By Type Outlook (Surgical Clipping, Endovascular Coiling, Flow Diverters, Others)
By End User Outlook (Hospitals, Ambulatory Surgical Centers)
Key Players Insights
Stryker Corporation, B. Braun Melsungen AG, MicroPort Scientific Corporation, Medtronic PLC, Terumo Corporation, Integra LifeSciences Corporation, Johnson & Johnson Private Limited, and RAUMEDIC AG, among others, are some significant players included in the research study of the global intracranial aneurysm market.
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