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 2025-2032


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

Cerebral Vascular Stent Market Insights

Cerebral Vascular Stent Market size was valued at USD XX Billion in 2023 and is poised to grow from USD XX Billion in 2024 to USD XX Billion by 2032, growing at a CAGR of XX% during the forecast period (2025-2032).

Cerebral vascular stent is a small mesh-like tube that is inserted in the brain arteries to treat brain aneurysms. These stents are also used to maintain optimal blood flow through arteries that are shrinking or being blocked. Growing incidence of cerebral disorders and growing geriatric population are predicted to be key factors driving cerebral vascular stent market growth over the coming years. Advancements in healthcare technologies and growing use of bioabsorbable stents are also estimated to create new opportunities for cerebral vascular stent companies in the future. Growing use of minimally invasive surgeries for cerebral diseases is also a key trend that will bolster the demand for cerebral vascular stent in the long run. However, high costs of certain cerebral vascular stents and procedural complications are forecasted to be key restraints hampering market development across the forecast period and beyond. Increasing approvals for novel cerebral treatment procedures and products are also slated to uplift sales of cerebral vascular stents going forward.

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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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