Get In Touch

Aneurysm is referred to as an abnormal, localized, balloon-like spot that causes outward bulging on the wall of blood vessels. It may be a result of weakened walls of blood vessels or an acquired disease or hereditary condition. As an aneurysm grows in shape and size, it increases the risk of rupture, which may result in uncontrolled internal bleeding. Aneurysms can occur in any blood vessel. However, blood vessels in the brain, thoracic aorta, and abdomen are a few common sites affected by aneurysms. Aneurysm clips, are implantable devices used solely for closing and isolation of veins or arteries due to localized aneurysms in human beings. For example, in a typical surgical procedure to treat brain aneurysms involves opening the skull, finding the affected artery and then placing a metal clip over the neck of the aneurysm. Aneurysms are most common among 50-year-olds, and there are typically no warning signs. The incidence is two to three times higher in males most aneurysms develop after the age of 40.

The aneurysm clips market is expected to expand during the forecast period due to a rise in demand for the clips for surgical procedures and use of advanced titanium alloys in the clips. Aneurysm clips with advanced technology and ultra-slim profile provide surgeons ease of handling and greater visibility of the local anatomy. The clips also offer a slim blade design and MRI compatibility, preserving tissue integrity. Stable development in unit offers of titanium aneurysm clips is anticipated to rise during the forecast period. Unit offers of cobalt chromium nickel combinations are likely to decrease. The qualities of the titanium combination give insignificant relics and better visualization and in addition having a particular weight lower than the cobalt clips.  Moreover, technological advancements in health care products, rise in the aging population, and a favorable economy are driving the  aneurysm clips market. However, risks associated with operating procedures and low awareness about aneurysms are anticipated to restrain the market. High blood pressure, smoking and use of tobacco, irregular lifestyle, genetic disorders, atherosclerosis, infection of the arteries, and family history increase the risk of aneurysm. Symptoms vary according to the area in which the aneurysm occurs. Major symptoms include an increase in heart rate, pain, and bleeding.

The global aneurysm clips market can be segmented based on type, raw material, end-user and, geography. In terms of type, the market can be classified into cerebral, abdominal, thoracic, and peripheral aneurysm. Based on raw material, the global aneurysm clips market can be divided into titanium, cobalt, and others. In terms of end-user, the global aneurysm clips market can be classified into hospitals, cardiac centers, specialty clinics, ambulatory surgical centers, and others.

Based on geography, the global aneurysm clips market can be classified into Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is expected to be a leading region of the market, due to the high adoption rate of surgical clips in aneurysm treatment. The U.S. is expected to be a rapidly expanding region of the market in North America. One in 50 people in the U.S. suffer from an unruptured brain aneurysm. The usage of aneurysm clips in Europe is significant. Germany, the U.K., France, and Italy are major contributors to the market in the region. The aneurysm clips market in Asia Pacific is projected to expand at a rapid CAGR during the forecast period. The market in Japan, China, and India is anticipated to expand at a robust pace in the near future as compared to the market in other countries in the region.

Key players operating in the global aneurysm clips market include Boston Scientific, Cyberonics, Codman & Shurtleff, St. Jude Medical, Medtronic, Integra LifeSciences, RauMedic, KLS Martin Group, B Braun, Mizuho America, InoMed, and Stryker.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Aneurysm Clips Market

Pre Book