Get In Touch

Aneurysms occur when the walls of the arteries weaken, causing an abnormally large bulge. They can lead to the rupturing of the walls, which can result in internal bleeding. Although an aneurysm can occur in any part of the body, it is most common in brain, aorta, legs, and spleen. According to the Healthline newsletter, 13,000 deaths occur each year in the U.S. from aortic aneurysms. Aneurysms damage tissue in the arteries due to blockages caused by deposits of material such as fats. This triggers the heart to pump at a faster rate than normal, which can cause atherosclerotic disease and high blood pressure and lead to bleeding and serious complications. Treatment depends on the location of the aneurysm such as chest or abdomen. The treatment is carried out using surgery or medication. However, minimally invasive procedures are chosen over traditional open surgery because they involve repairing and reinforcing damaged blood vessels. The technical development of aneurysm treatment devices for surgical purposes has increased with an increase in research and development by major companies. The use and availability of different types of aneurysm therapy have evolved over the past century. However, further research continues to develop the more clinical applications of the therapy and reduce the adverse effects associated with its use.

Major factors driving the aneurysm therapy market are high incidence of smoking among the population, high blood pressure (hypertension), hardening of the arteries (arteriosclerosis), and rise in the incidence of underlying diseases that increase the risk of developing aneurysms. Some people may be genetically prone to aneurysms, which is also a factor that is likely to drive the global aneurysm therapy market. According to the Brain Aneurysm Foundation, occurrence of familial aneurysms among subarachnoid hemorrhage patients is 6% to 20%. Rise in demand for surgical aneurysm therapy techniques, especially among the geriatric population, is another factor that is anticipated to drive the aneurysm therapy market. Moreover, favorable reimbursement policies for surgical products and emergence of new technologies are expected to propel the global aneurysm therapy market. However, factors such as adverse effects of surgery, blood clots and cranial nerve damage due to the use of surgical devices, and high cost of treatment are projected to restrain the market during the forecast period.

The global aneurysm therapy market can be segmented based on treatment, end-user, and region. In terms of treatment, the aneurysm therapy market can be segmented into surgical and medication. The surgical segment accounted for a prominent share of the global aneurysm therapy market in 2017, due to an increase in the prevalence of aneurysm surgery and rise in demand for aneurysm surgery, especially from emerging economies such as China, Brazil, and India. The surgical segment can be further divided into clipping, diverter, coiling, and others. The medication segment  can be further categorized into antiseizure medications, analgesics, calcium channel blockers, antihypertensive, anti-emetics and others. In terms of end-user, the market can be segmented into hospitals, clinics, and others.

In terms of region, the global aneurysm therapy market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global aneurysm therapy market during the forecast period, due to an increace in the prevalence of aneurysms among different age groups and rise in research & developmental activities by medical companies. According to the U.S. Food & Drug Administration, in June 2017, Pulsar Vascular, Inc.’s product PulseRider Aneurysm Neck Reconstruction Device was approved for treating wide-necked aneurysms. According to the Society of Vascular and Interventional Neurology, the incidence of subarachnoid hemorrhage (type of aneurysm) in U.S. is 9.7 per 100,000. The mortality rate is nearly 40%, and it mostly affects patients above 50 years of age. Furthermore, a rise in the occurrence of high blood pressure and increase in health care funding by government bodies, especially in developing countries such as China and India, have boosted demand for aneurysm therapy. This, in turn, is anticipated to fuel demand for cost-effective aneurysm therapy among patients. These factors are projected to drive the aneurysm therapy market in Asia Pacific between 2018 and 2026.

Key players operating in the global aneurysm therapy market include Integra Life Sciences Corporation, Medtronic Plc., Terumo Corporation (Micro Vention), MicroPort Medical Company, Sequent Medical, Inc., Codman & Shurtleff, Abbott, Boston Scientific, phenox GmbH, and Pulsar Vascular, Inc..

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.


Aneurysm Therapy Market