Market Overview:
The global self-expandable intracranial stents market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of stroke, technological advancements in stent design and development, and rising demand for minimally invasive procedures. However, the high cost of treatment and lack of reimbursement are some factors that may restrain the growth of this market during the forecast period. Based on type, the global self-expandable intracranial stents market is segmented into open loop stents and closed-loop stents. Closed-loop stents are expected to grow at a higher CAGR than open loop stents during the forecast period owing to their superior features such as low profile design, conformability, radiopacity, biocompatibility, and lower thrombogenicity as compared with open loop stents.
Product Definition:
A self-expandable intracranial stent is a device that is inserted into an artery in the brain to help keep it open. It is made of metal mesh and can be expanded once it is in place. This allows it to hold the artery open and improve blood flow.
Open Loop Stents:
Open loop stents are used to treat aneurysms and other vascular disorders. The growth factor for the market is self-expandable intracranial stents (SEIS). These stents are placed in the blood vessels of the brain, which helps in reducing pressure within the vessel. It also prevents bleeding and ensures that patients receive optimal treatment at minimum risk with no or minimal side effects.
Closed-Loop Stents:
Closed-loop stents are used in intracranial stenting procedures. They are self-expanding and have a minimally invasive design. These devices can be used for the treatment of aneurysms, arteriovenous malformations, dural arteritis, etc.
Application Insights:
Based on the application, the global self-expandable intracranial stent market is segmented into ischemic stroke and hemorrhagic stroke. In 2017, hemorrhagic stroke accounted for a larger share in overall revenue due to higher incidence of traumatic brain injuries and rising awareness among population regarding availability of treatment options. According to WHO, globally an estimated 3 million people suffer from TBIs every year which leads to about half a million deaths. In addition, increasing prevalence of atrial fibrillation also contributes towards large share held by hemorrhagic stroke in overall revenue.
Regional Analysis:
North America dominated the global market in 2017. High adoption of innovative techniques and devices for treatment of brain aneurysm, increasing cases of stroke due to hypertension, and favorable reimbursement scenario are some factors responsible for its largest share. The U.S.
Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to rising incidence rates of stroke coupled with growing awareness about available treatment options among patients & their families.
In 2016, Asia Pacific constituted more than 20%of global population but only 9%of people diagnosed with ischemic stroke were from Asia Pacific countries (Japan).
Growth Factors:
- Increasing incidence of brain aneurysms: The increasing incidence of brain aneurysms is a major growth driver for the self-expandable intracranial stents market. Aneurysms are bulges or balloon-like protrusions in the wall of an artery that can rupture and lead to life-threatening bleeding. According to a study by the American Heart Association, around 6 million people in the U.S. are living with an undiagnosed brain aneurysm, and around 30,000 people die from ruptured brain aneurysms each year. This number is expected to rise due to the aging population and increasing rates of obesity and hypertension.
- Rising demand for minimally invasive procedures: The growing demand for minimally invasive procedures is another key growth driver for the self-expandable intracranial stents market. Minimally invasive procedures offer several advantages over traditional open surgery such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. In addition, they are often less expensive than traditional surgery options making them more accessible to patients worldwide..
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-expandable Intracranial Stents Market Research Report
By Type
Open Loop Stents, Closed-Loop Stents
By Application
Ischemic Stroke, Hemorrhagic Stroke
By Companies
Medtronic, Stryker, MicroVention(Terumo), Abbott, Balt, Boston Scientific, Obex Medical, Depuysynthes(Johnson & Johnson), MicroPort Scientific, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Self-expandable Intracranial Stents Market Report Segments:
The global Self-expandable Intracranial Stents market is segmented on the basis of:
Types
Open Loop Stents, Closed-Loop Stents
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ischemic Stroke, Hemorrhagic Stroke
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Stryker
- MicroVention(Terumo)
- Abbott
- Balt
- Boston Scientific
- Obex Medical
- Depuysynthes(Johnson & Johnson)
- MicroPort Scientific
- Medtronic
Highlights of The Self-expandable Intracranial Stents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Open Loop Stents
- Closed-Loop Stents
- By Application:
- Ischemic Stroke
- Hemorrhagic Stroke
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Self-expandable Intracranial Stents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Self-expandable intracranial stents are medical devices that expand when placed in the brain to prevent or reduce pressure on the brain.
Some of the major companies in the self-expandable intracranial stents market are Medtronic, Stryker, MicroVention(Terumo), Abbott, Balt, Boston Scientific, Obex Medical, Depuysynthes(Johnson & Johnson), MicroPort Scientific, Medtronic.
The self-expandable intracranial stents market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self-expandable Intracranial Stents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Self-expandable Intracranial Stents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self-expandable Intracranial Stents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Self-expandable Intracranial Stents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Self-expandable Intracranial Stents Market Size & Forecast, 2018-2028
4.5.1 Self-expandable Intracranial Stents Market Size and Y-o-Y Growth
4.5.2 Self-expandable Intracranial Stents Market Absolute $ Opportunity
Chapter 5 Global Self-expandable Intracranial Stents Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Self-expandable Intracranial Stents Market Size Forecast by Type
5.2.1 Open Loop Stents
5.2.2 Closed-Loop Stents
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Self-expandable Intracranial Stents Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Self-expandable Intracranial Stents Market Size Forecast by Applications
6.2.1 Ischemic Stroke
6.2.2 Hemorrhagic Stroke
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self-expandable Intracranial Stents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Self-expandable Intracranial Stents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Self-expandable Intracranial Stents Analysis and Forecast
9.1 Introduction
9.2 North America Self-expandable Intracranial Stents Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Self-expandable Intracranial Stents Market Size Forecast by Type
9.6.1 Open Loop Stents
9.6.2 Closed-Loop Stents
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Self-expandable Intracranial Stents Market Size Forecast by Applications
9.10.1 Ischemic Stroke
9.10.2 Hemorrhagic Stroke
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Self-expandable Intracranial Stents Analysis and Forecast
10.1 Introduction
10.2 Europe Self-expandable Intracranial Stents Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Self-expandable Intracranial Stents Market Size Forecast by Type
10.6.1 Open Loop Stents
10.6.2 Closed-Loop Stents
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Self-expandable Intracranial Stents Market Size Forecast by Applications
10.10.1 Ischemic Stroke
10.10.2 Hemorrhagic Stroke
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Self-expandable Intracranial Stents Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Self-expandable Intracranial Stents Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Self-expandable Intracranial Stents Market Size Forecast by Type
11.6.1 Open Loop Stents
11.6.2 Closed-Loop Stents
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Self-expandable Intracranial Stents Market Size Forecast by Applications
11.10.1 Ischemic Stroke
11.10.2 Hemorrhagic Stroke
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Self-expandable Intracranial Stents Analysis and Forecast
12.1 Introduction
12.2 Latin America Self-expandable Intracranial Stents Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Self-expandable Intracranial Stents Market Size Forecast by Type
12.6.1 Open Loop Stents
12.6.2 Closed-Loop Stents
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Self-expandable Intracranial Stents Market Size Forecast by Applications
12.10.1 Ischemic Stroke
12.10.2 Hemorrhagic Stroke
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Self-expandable Intracranial Stents Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Self-expandable Intracranial Stents Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Self-expandable Intracranial Stents Market Size Forecast by Type
13.6.1 Open Loop Stents
13.6.2 Closed-Loop Stents
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Self-expandable Intracranial Stents Market Size Forecast by Applications
13.10.1 Ischemic Stroke
13.10.2 Hemorrhagic Stroke
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Self-expandable Intracranial Stents Market: Competitive Dashboard
14.2 Global Self-expandable Intracranial Stents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Stryker
14.3.3 MicroVention(Terumo)
14.3.4 Abbott
14.3.5 Balt
14.3.6 Boston Scientific
14.3.7 Obex Medical
14.3.8 Depuysynthes(Johnson & Johnson)
14.3.9 MicroPort Scientific
14.3.10 Medtronic
