Intracranial Aneurysm Market Size Worth $1.92 Billion By 2027 | CAGR: 8.8%: Grand View Research, Inc.

Intracranial Aneurysm Market Size Worth $1.92 Billion By 2027 | CAGR: 8.8%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, April 22, 2020

SAN FRANCISCO, April 22, 2020 /PRNewswire/ -- The global intracranial aneurysm market size is anticipated to reach USD 1.92 billion by 2027, expanding at a CAGR of 8.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of brain aneurysm in several countries and increasing number of patients suffering from hypertension are driving the market.

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Key suggestions from the report:

Read 130 page research report with ToC on "Intracranial Aneurysm Market Size, Share & Trends Analysis Report By Type (Surgical Clipping, Endovascular Coiling, Flow Diverters), By End Use (Hospitals, Clinics), By Region, And Segment Forecasts, 2020 - 2027'' at: https://www.grandviewresearch.com/industry-analysis/intracranial-aneurysm-market

Intracranial or cerebral aneurysm is characterized by a balloon-like swelling in the blood vessel inside the brain, which generally appears in the lower region of the brain. This can rupture and cause bleeding in the adjoining subarachnoid space, leading to a stroke or brain hemorrhage.

Some of the notable symptoms of this disease are localized headache, cranial nerve palsy, and double vision. Major factors triggering this disease include hereditary influence, atherosclerosis infection, aging, adoption of sedentary lifestyle, high blood pressure, and brain injury. Thus, increasing number of patients suffering from this disorder is significantly fueling the brain aneurysm treatment market growth.

In addition, technological advancements in the endovascular treatment of intracranial aneurysm are expediting the overall brain aneurysm market growth. Treatment of this cerebrovascular disorder has improved due to advanced devices, such as microcatheters, microwires, novel scaffolding devices, balloons, and stents. Thus, complications associated with the treatment of these disorders have been reduced with the help of these technological advancements. 

Grand View Research has segmented the global intracranial aneurysm market based on type, end use, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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