Intracranial Aneurysm Segmentation
Type (Surgical Clipping, Endovascular Coiling, and Flow Diverters)
By type, the endovascular coiling segment is projected to capture intracranial aneurysm market share of around 86.2% by the end of 2037. The market growth is attributed to technological advancements, increased patient awareness, and the push for minimally invasive healthcare solutions. The minimally invasive treatment option is becoming increasingly popular due to its safety, efficacy, and shorter recovery times compared to traditional surgical methods like clipping. According to a 2023 published report by the American Society of Plastic Surgeons (ASPS), the number of minimally invasive procedures increased by 7% annually.
Rising detection rates of intracranial aneurysms, driven by advancements in diagnostic technologies, are boosting the demand for treatment options like endovascular coiling. Favorable insurance and reimbursement policies for minimally invasive procedures are encouraging more patients to opt for coiling. Moreover, increased training of neurosurgeons and interventional radiologists in endovascular techniques is supporting the growth of the segment.
End use (Hospitals and Clinics)
By end use, the hospital segment in intracranial aneurysm market is poised to register a profitable revenue share during the forecast period. Hospitals are equipped with advanced diagnostic tools, such as CT scans, MRI, and angiography systems, which are crucial for detecting and evaluating intracranial aneurysms. Many hospitals have dedicated neurovascular or neurosurgical units, staffed with skilled professionals trained to manage complex cases, including aneurysm surgeries and endovascular procedures. Further, hospitals adopt the latest technologies, such as robotic-assisted surgeries and AI-driven imaging tools, to enhance the accuracy and safety of aneurysm treatments.
Moreover, many hospitals collaborate with research institutions and medical device companies to pioneer new treatment methods, further driving their role in the market. public hospitals often receive government funding for neurology departments, making treatments more accessible to a broader population.
Our in-depth analysis of the global intracranial aneurysm market includes the following segments:
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