Global Cerebral Vascular Stent Market

Cerebral Vascular Stent Market Size, Share, Growth Analysis, By Material(Tantalum, Stainless Steel, Nitinol), By End User(Hospitals, Ambulatory Surgical Centers, Medical Centres, Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35B2192 | Region: Global | Published Date: April, 2024
Pages: 217 | Tables: 64 | Figures: 72

Cerebral Vascular Stent Market Dynamics

Drivers

Growth in Geriatric Population

  • Older people are more at risk of requiring cerebral and vascular treatments and as their population increases around the world, it will also promote the demand for cerebral vascular stents as well.

High Incidence of Cerebrovascular Disorders

  • Increase in ischemic stroke and other types of cerebrovascular disorders is another key factor that is slated to promote the sales of cerebral vascular stent as they are widely used in the treatment of such disorders.

Restraints

High Costs of Cerebral Procedures

  • Any surgery related to the brain is quite expensive for patients owing to the use of complex and advanced medical equipment and skilled medical professionals. These high costs of cerebral procedures are projected to impede cerebral vascular stent sales outlook in the future.

Procedural Complications

  • Complications related to deployment and operation of cerebral stents are more common than other types of stents, which is why people might opt for alternative treatments and this could slow down cerebral vascular stent market growth in the long run.
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FAQs

Cerebral Vascular Stent Market size was valued at USD XX million in 2022 and is poised to grow from USD XX million in 2023 to USD XX million by 2031, growing at a CAGR of 8.2% in the forecast period (2024-2031).

Cerebral vascular stent market players should invest heavily in product innovation and R&D to expand their product portfolio and stay competitive in the marketplace. Cerebral vascular stent providers can also focus on making their products more affordable to maximize their sales and revenue generation potential going forward. Cerebral vascular stent manufacturers can also partner and collaborate with health insurance companies to improve reimbursement potential and promote market development as well. 'W.L. Gore & Associates', 'Stryker Corporation', 'Terumo Corporation', 'Biotronik SE & Co. KG', 'Medtronic', 'Phenox GmbH', 'Abbott Laboratories', 'B. Braun Melsungen AG', 'Cordis Corporation', 'Acandis GmbH', 'Boston Scientific Corporation', 'Cook Medical', 'Johnson & Johnson Services, Inc.', 'Penumbra Inc.', 'MicroPort Scientific Corporation', 'C.R. Bard', 'Cook Medical'

Older people are more at risk of requiring cerebral and vascular treatments and as their population increases around the world, it will also promote the demand for cerebral vascular stents as well.

North America is estimated to account for a major chunk of the cerebral vascular stent demand outlook owing to the presence of a developed healthcare infrastructure and rapidly increasing incidence of cerebral disorders. High investments in medical R&D and growing availability of novel treatments in this region are also slated to help its dominance of the cerebral vascular stent market going forward. The United States is predicted to spearhead cerebral vascular stent sales followed by Canada over the coming years.

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Global Cerebral Vascular Stent Market

Report ID: SQMIG35B2192

$5,300
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