Intracranial Stents Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Intracranial Stents Market Report Overview
The intracranial stents market size was valued at $34.5 million in 2023. The intracranial stents market will grow at a CAGR of more than 4% from 2023 to 2033. Intracranial stenting is a rare procedure performed on approximately 4% or less of symptomatic intracranial atherosclerotic disease (ICAD) patients. Intracranial stents are used to expand the walls of a narrowed vessel in the brain due to intracranial atherosclerotic disease – the cumulation of fat and plaque on blood vessel walls.
Intracranial Stents Market Outlook 2023-2033 ($ Million)
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The intracranial stents market research report explains the market behavior, which will help identify quantitative market trends within neurology devices therapeutic area. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies. The intracranial stents market model also discusses the detailed impact of COVID-19 on the intracranial stents market for 2020 and beyond.
Market Size (2023) | $34.5 million |
CAGR (2023-2033) | >4% |
Historic Period | 2015-2023 |
Forecast Period | 2023-2033 |
Key Regions |
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Key Companies |
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Intracranial Stents Market Dynamics
The intracranial stenting market will witness a steady growth during the forecast period mainly due to the increasing number of intracranial stenting procedures performed in China, Japan, South Korea, and Taiwan. The intracranial stenting market in China also contains a strong domestic product and is primed to experience rapid growth, if suitably large investments are made into healthcare infrastructure that facilitates stroke patient admissions and treatment.
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Intracranial Stents Market Segmentation by Regions
The key regions in the intracranial stents market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Asia-Pacific emerged as the leading regional segment and is expected to retain its market dominance during the projected period.
For most countries in the Asia-Pacific region, epidemiological considerations mean that ICAD is a much more prevalent disease, which constitutes up to 4 times as many acute ischemic stroke cases. This heavy disease burden has resulted in a greater number of intracranial stenting procedures being performed and markets that have a higher potential for growth.
Intracranial Stents Market Analysis by Regions, 2023 (%)
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Intracranial stents Market – Competitive Landscape
The key companies in the intracranial stents market are Stryker Corp, MicroPort Scientific Corp, and Acandis GmbH & Co KG among others. In 2023, Stryker Corp accounted for the highest intracranial stents market share and value in most countries including China and Germany.
Intracranial Stents Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report.
Intracranial Stents Regional Outlook ($ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are –
Currently marketed intracranial stents market and evolving competitive landscape –
- Insightful review of the key industry trends.
- Annualized total Intracranial stents market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional and Country level market specific insights –
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Intracranial stents market.
- Competitive dynamics insights and trends provided for the intracranial stents market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the market access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Stryker Corp, MicroPort Scientific Corp, Acandis GmbH & Co KG and Others.
Countries covered – United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. This model is required reading for
- CMO executives who must have a deep understanding of the intracranial stents marketplace to make strategic planning and investment decisions.
- Sourcing and procurement executives must understand crucial components of the supply base in order to make decisions about supplier selection and management.
- Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.
Reasons to Buy
The model will enable you to –
- Understand the impact of COVID-19 on intracranial stents.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving intracranial stents.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the intracranial stents market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific intracranial stents market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Frequently asked questions
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What was the intracranial stents market size in 2023?
The intracranial stents market size was $34.5 million in 2023.
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What will the intracranial stents market CAGR be during 2023-2033?
The intracranial stents will grow at a CAGR of more than 4% during 2023-2033.
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Which region held the largest share of the intracranial stents market in 2023?
Asia-Pacific was the largest regional market for intracranial stents in 2023.
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Which are the leading players in the intracranial stents market?
The key companies in the intracranial stents market are Stryker Corp, MicroPort Scientific Corp, Acandis GmbH & Co KG, and Others.
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