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

Global 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 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.