The Global Intracranial Aneurysm Market Size accounted for USD 1,216 Million in 2021 and is estimated to achieve a market size of USD 2,631 Million by 2030 growing at a CAGR of 9.2% from 2022 to 2030. The intracranial aneurysm market revenue can be attributable to technical advancements in healthcare facilities, rising government expenditure, and an increase in the number of occurrences of brain aneurysms. Furthermore, an increase in incidences of hypertension & brain aneurysms as the global elderly population grows, as well as expanding use of invasive procedures intracranial aneurysm operations, is expected to propel the intracranial aneurysm market growth in the upcoming decades.

Intracranial Aneurysm Market Report Key Highlights

• Global intracranial aneurysm market value is projected to rise by USD 2,631 million by 2030, with a 9.2% CAGR from 2022 to 2030.
• Based on type segment, endovascular coiling sector will account for more than 75% of overall market share in 2021
• North America intracranial aneurysm market accounting for nearly 29% of the total market share in 2021
• According to the Brain Aneurysm Foundation, an estimated 6.5 million Americans, or one in every 50 persons, have an unruptured brain aneurysm
• Among end-use, hospitals and clinics segment grew at the fastest pace of nearly 10% during the projection period
• According to a recent clinical study, women are probably 3 times more likely than men to have a brain aneurysm

An intracranial aneurysm is a cerebrovascular disorder caused due to weakness in the wall of a cerebral artery or vein and results in dilation or ballooning of the blood vessel. The other names of the disorder include cerebral aneurysm, brain aneurism, brain aneurysm, a cerebral aneurism. Additionally, the treatment includes endovascular coiling, surgical clipping, and cerebral bypass surgery. It causes Hypertension, infection, and head trauma. Moreover, the symptoms of the disorder include severe headache, visual problems, nausea and vomiting, and confusion.

Global Intracranial Aneurysm Market Dynamics

Market Drivers

• Increasing incidence of a brain aneurysm
• The growing desire for minimally invasive procedures
• Increasing occurrences of hypertension and arterial wall abnormalities
• Introduction of cutting-edge technical products

Market Restraints

• High treatment costs
• Strict regulations standards

Market Opportunities

• A surge in research and development activities
• Increasing government funding for healthcare

Intracranial Aneurysm Market Report Coverage

Market	Intracranial Aneurysm Market
Intracranial Aneurysm Market Size 2021	USD 1,216 Million
Intracranial Aneurysm Market Forecast 2030	USD 2,631 Million
Intracranial Aneurysm Market CAGR During 2022 - 2030	9.2%
Intracranial Aneurysm Market Analysis Period	2018 - 2030
Intracranial Aneurysm Market Base Year	2021
Intracranial Aneurysm Market Forecast Data	2022 - 2030
Segments Covered	By Type, By End-Use, And By Geography
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled	B. Braun, Codman Neuro (Integra Lifesciences), Johnson and Johnson Services Inc., Medtronic plc, Microport Scientific Corporation, MicroVention Inc. (Terumo Corporation), RAUMEDIC AG, and Stryker Corporation.
Report Coverage	Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Intracranial Aneurysm Market Insights

The rising prevalence of brain aneurysms along with the introduction of technologically advanced products in the market is driving the market growth. The rising demand for minimally invasive procedures across the globe along with the increased spending on healthcare solutions is supporting the market growth. The rising research and development activities by major players as well as government authorities are further proliferating the market value. Furthermore, ongoing efforts for the development of cost-effective solutions and rising awareness about the treatment are projected to create potential opportunities over the forecast period from 2022 to 2030.

On the other hand, the high cost associated with the treatment as well as strict government regulations, are likely to hinder the growth over the forecast period from 2022 to 2030.

Intracranial Aneurysm Market Segmentation

The worldwide intracranial aneurysm market segmentation is based on the type, end-use, and geography.

Intracranial Aneurysm Market By Type

• Surgical Clipping
• Endovascular Coiling
• Flow Diverters
• Others

According to the intracranial aneurysm industry analysis, the endovascular coiling segment has registered the highest market share in 2021. The increasing demand for minimally invasive techniques in the global market is supporting the segmental market value. Endovascular coiling refers to the minimally invasive technique which means a catheter is used to reach the aneurysm in the brain, instead of making an incision in the brain. Additionally, a catheter is passed through the groin up into the artery containing the aneurysm.

Intracranial Aneurysm Market By End-use

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Others

According to the intracranial aneurysm market forecast, hospitals and clinics are the leading category in the global market and are expected to grow significantly in the coming years. The availability of technologically advanced infrastructure and trained professionals are supporting the segmental market value. The increasing number of hospitals in the global market, particularly in developing economies across the globe is majorly contributing to the segmental market value during the forecast timeframe from 2022 to 2030.

Intracranial Aneurysm Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Latin America

• Mexico
• Brazil
• Rest of Latin America

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

The Middle East & Africa (MEA)

• Gulf Cooperation Council (GCC)
• South Africa
• Rest of the Middle East & Africa