Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Europe Intracranial Aneurysm Market Analysis

Intracranial aneurysm or brain aneurysm usually occurs at the underside of the brain and the base of the skull and is characterized by ballooning or bulging in a blood vessel in the brain. The condition can affect anyone at any age, but they are more common in people aged 40 or older. Additionally, women are more susceptible to develop the condition as compared to men. The rising advancements in treatment options and diagnostic techniques are resulting in increased treatment-seeking behavior and early diagnosis rates, which is expected to drive Europe intracranial aneurysm market growth in the coming years.

 

When an intracranial aneurysm ruptures, bleeding occurs in the tissue surrounding the brain. The condition is fatal in around 50% of cases of ruptured brain aneurysms. Recent data suggests that about 25% of people die within the first 24 hours of the rupture and nearly 50% die within 3 months. This indicates the immediate need for effective treatment alternatives that can tackle the rising cases of mortality associated with ruptured aneurysms in the brain. Further, increased investment in the development of innovative diagnostic techniques is expected to lead to early diagnosis and improve patient outcomes. Consequently, this is poised to fuel Europe intracranial aneurysm market demand in the forecast period.

 

Europe has a large patient pool affected by intracranial aneurysms owing to the increasing geriatric population more prone to the condition. The rising prevalence of the disease makes Europe a lucrative market, attracting investments from the leading market players. For example, in January 2024, Evasc Neurovascular, a medical device company specializing in endovascular repair of cerebral aneurysms, announced strategic growth initiatives that involved the expansion plans of its neurovascular treatment portfolio in the European market through the establishment of a German subsidiary, Evasc Neurovascular GmbH. The company which recently boasted 120 successful intracranial aneurysm cases with its novel Eclips device is expected to advance neurovascular care in the region. Thus, the strong presence of key market players not only improves access to treatment options but also significantly contributes to augmenting Europe intracranial aneurysm market value.

 

The market is witnessing a steady development and commercialization of innovative endovascular techniques and devices, leading to higher adoption rates of these safer and more effective alternatives. In September 2023, the Nautilus intrasaccular system developed by Endostream Medical (a company developing solutions for brain aneurysms) was indicated as the “next evolution” in aneurysm care at the European Society of Minimally Invasive Neurological Therapy (ESMINT). The intrasaccular flow diverter, intended for the treatment of intracranial aneurysms, is CE-marked and is available in the European market. The increased accessibility to such novel devices is expected to result in faster recovery times and reduced morbidity and mortality rates, thereby propelling market growth in the region.

 

Europe Intracranial Aneurysm Market Report Snapshots

Europe Intracranial Aneurysm Market Size

Europe Intracranial Aneurysm Market Analysis

Europe Intracranial Aneurysm Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Europe intracranial aneurysm market is expected to be driven by the rising demand in the global market, which is anticipated to grow at a CAGR of 8.8% during the forecast period of 2025-2034 and is likely to reach a market value of USD 2.6 billion by 2034. 

The growing demand for minimally invasive procedures and the rising healthcare expenditure are fuelling the demand for the market.

One of the significant trends in the market is the increased strategic growth initiatives by the key market players to boost their presence in the European market. In January 2024 , Evasc Neurovascular announced its expansion plans for its neurovascular treatment portfolio in the European market through the establishment of a German subsidiary, Evasc Neurovascular GmbH.

Based on the treatment type, the market is segmented into endovascular coiling, surgical clipping, and flow diverters, among other treatment types.

End users of the market are hospitals and clinics, among other end-users.

The market segmentation by countries includes the United Kingdom, Germany, France, and Italy, among others. 

The key players in the market are Medtronic, Stryker, MicroPort Scientific Corporation, Johnson & Johnson Services, Inc., MicroVention Inc., Integra LifeSciences, B. Braun Melsungen AG, Delta Surgical, Mizuho Medical Co. Ltd., and Penumbra, Inc.

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