The market for intracranial stents is expected to grow at a CAGR of around 10.2% from 2020 to 2027 and expected to reach the market value of around US$ 798.7 Mn by 2027.
Intracranial stents are the devices that are used as a permanent implant to allow blood flow by opening the blocked arteries. Intracranial stent is used in a condition called intracranial stenosis where the blood vessels or blood clots get narrowed due to building up of fats, plaque, and other substances in the blood vessels. These were initially designed for use in heart and later the technological advancement made possible use of these stents in the brain and are placed in the blood vessel of the intracranial cavity to treat vascular abnormality. Intracranial stents help in strengthening the weakened artery by allowing smooth blood flow without causing the bulge.
Market Dynamics
The rising prevalence of intracranial disorders due to various factors such as genetic disorders and accidents is primarily accelerating the market value. The increasing government initiatives and growing awareness about the intracranial stents are propelling the market value. The high prevalence of stroke among the geriatric population across the globe and the integration of advanced software with existing products are gaining significant traction in the global intracranial stents market.
On the other side, the high treatment costs and lack of skilled professionals for performing the surgery are further projected to restrict the growth to an extent over the forecast timeframe from 2020 to 2027.
Self-expanding stents have registered major revenue share in the market
By product type, the self-expanding stents segment accounted for the major share (%) in the global market and the segment is also projected to maintain its dominance over the estimated period from 2020 to 2027. The increasing demand for new self-expanding brain stents, because the rate of reoccurrence of artery narrowing is further supporting the segmental market value. The segment is also projected to register the fastest growth with major CAGR (%) over the estimated timeframe from 2020 to 2027.
North America accounted for the maximum revenue share in 2019
North America is leading the global market with maximum share in terms of value (US$ Mn). The region is further projected to maintain its dominance over the forecast period from 2020 to 2027. The well-established healthcare infrastructure and the presence of major players in the region are supporting the regional market value. The major countries of the region including the US and Canada are majorly contributing to the regional market value due to the increasing geriatric population and lifestyle diseases. Moreover, Asia Pacific is projected to experience the fastest growth over the estimated period from 2020 to 2027. The developing healthcare sector and the increasing focus of major manufacturers in the region are supporting the regional market growth. The major economies of the region including Japan, China, and India are projected to contribute to the regional market value.
The players profiled in the report include Acandis (Germany), Boston Scientific Corporation (US), Cook Medical (US), DePuy Synthes (US), Medtronic (Ireland), MicroPort Scientific (China), Penumbra, Inc. (US), Phenox (Germany), Stryker Corporation (US), Terumo Corporation (Japan), and others. The major intracranial stents players were involved in strategic developments for escalating the profit share in regional as well as global market. The major investments were announced for the technological advancements associated with the changing consumer demand for intracranial stents.
Market Segmentation
Market By Product Type
Balloon Expanding Stents
Self-Expanding Stents
Stent-Assisted Coil Embolization
Market By Disease Indication
Brain Aneurysm
Intracranial Stenosis
Market By End-User
Ambulatory Surgery Centers
Hospitals
Others
Market By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Intracranial Stents
1.1. Definition and Scope
1.1.1. Definition of Intracranial Stents
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Intracranial Stents Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Intracranial Stents Market By Product Type
1.2.3. Intracranial Stents Market By Disease Indication
1.2.4. Intracranial Stents Market By End-User
1.2.5. Intracranial Stents Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Intracranial Stents Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Intracranial Stents Market
3.7. Value Chain Analysis
3.8. Cost Structure Analysis
3.8.1. Proportion of Manufacturing Cost Structure
3.8.1.1. Raw Material
3.8.1.2. Labor Cost
3.8.1.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Intracranial Stents Market By Product Type
4.1. Introduction
4.2. Intracranial Stents Revenue By Product Type
4.2.1. Intracranial Stents Revenue (US$ Mn) and Forecast, By Product Type, 2016-2027
4.2.2. Balloon Expanding Stents
4.2.2.1. Balloon Expanding Stents Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.3. Self-Expanding Stents
4.2.3.1. Self-Expanding Stents Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.4. Stent-Assisted Coil Embolization
4.2.4.1. Stent-Assisted Coil Embolization Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 5. Intracranial Stents Market Revenue By Disease Indication
5.1. Introduction
5.2. Intracranial Stents Revenue (US$ Mn) By Disease Indication
5.2.1. Intracranial Stents Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
5.2.2. Brain Aneurysm
5.2.2.1. Brain Aneurysm Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Intracranial Stenosis
5.2.3.1. Intracranial Stenosis Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Intracranial Stents Market By End-User
6.1. Introduction
6.2. Intracranial Stents Revenue (US$ Mn) By End-User
6.2.1. Intracranial Stents Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
6.2.2. Ambulatory Surgery Centers
6.2.2.1. Ambulatory Surgery Centers Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Hospitals
6.2.3.1. Hospitals Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. Others
6.2.4.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. North America Intracranial Stents Market By Country
7.1. North America Intracranial Stents Overview
7.2. U.S.
7.2.1. U.S. Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
7.2.2. U.S. Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016-2027
7.2.3. U.S. Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
7.3. Canada
7.3.1. Canada Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
7.3.2. Canada Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016-2027
7.3.3. Canada Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
7.4. North America PEST Analysis
CHAPTER 8. Europe Intracranial Stents Market By Country
8.1. Europe Intracranial Stents Market Overview
8.2. U.K.
8.2.1. U.K. Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.2.2. U.K. Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016-2027
8.2.3. U.K. Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.3. Germany
8.3.1. Germany Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.3.2. Germany Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016-2027
8.3.3. Germany Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.4. France
8.4.1. France Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.4.2. France Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016-2027
8.4.3. France Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.5. Spain
8.5.1. Spain Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.5.2. Spain Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016-2027
8.5.3. Spain Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.6. Rest of Europe
8.6.1. Rest of Europe Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016-2027
8.6.2. Rest of Europe Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016-2027
8.6.3. Rest of Europe Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016-2027
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Intracranial Stents Market By Country
9.1. Asia Pacific Intracranial Stents Market Overview
9.2. China
9.2.1. China Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.2.2. China Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
9.2.3. China Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.3. Japan
9.3.1. Japan Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.3.2. Japan Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
9.3.3. Japan Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.4. India
9.4.1. India Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.4.2. India Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
9.4.3. India Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.5. Australia
9.5.1. Australia Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.5.2. Australia Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
9.5.3. Australia Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.6. South Korea
9.6.1. South Korea Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.6.2. South Korea Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
9.6.3. South Korea Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
9.7.2. Rest of Asia-Pacific Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
9.7.3. Rest of Asia-Pacific Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Intracranial Stents Market By Country
10.1. Latin America Intracranial Stents Market Overview
10.2. Brazil
10.2.1. Brazil Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
10.2.2. Brazil Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
10.2.3. Brazil Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.3. Mexico
10.3.1. Mexico Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
10.3.2. Mexico Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
10.3.3. Mexico Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
10.4. Rest of Latin America
10.4.1. Rest of Latin America Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
10.4.2. Rest of Latin America Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
CHAPTER 11. Middle East & Africa Intracranial Stents Market By Country
11.1. Middle East & Africa Intracranial Stents Market Overview
11.2. Saudi Arabia
11.2.1. Saudi Arabia Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
11.2.2. Saudi Arabia Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
11.2.3. Saudi Arabia Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.3. UAE
11.3.1. UAE Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
11.3.2. UAE Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
11.3.3. UAE Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Intracranial Stents Market Revenue (US$ Mn) and Forecast By Product Type, 2016 - 2027
11.4.2. Rest of Middle East & Africa Intracranial Stents Market Revenue (US$ Mn) and Forecast By Disease Indication, 2016 - 2027
11.4.3. Rest of Middle East & Africa Intracranial Stents Market Revenue (US$ Mn) and Forecast By End-User, 2016 - 2027
CHAPTER 12. Player Analysis Of Intracranial Stents
12.1. Intracranial Stents Market Company Share Analysis
12.2. Mergers And Acquisition In Global Intracranial Stents Market
CHAPTER 13. Company Profile
13.1. Acandis
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (US$ Mn), 2019
13.1.3.2. Acandis 2019 Intracranial Stents Business Regional Distribution
13.1.4. Product/ Service and Specification
13.1.5. Manufacturing Plant Footprint Analysis
13.2. Boston Scientific Corporation
13.3. Cook Medical
13.4. DePuy Synthes
13.5. Medtronic
13.6. MicroPort Scientific
13.7. Penumbra, Inc.
13.8. Phenox
13.9. Stryker Corporation
13.10. Terumo Corporation
13.11. Others
