The Europe Aneurysm Clips Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).
Growing demand for surgical processes and integration of highly compatible materials in the clips is probably going to influence the development of the aneurysm clips market. Additionally, the accessibility of biocompatible aneurysm clips in a wide range of sizes and shapes is anticipated to offer the growth opportunities for the aneurysm clips market. Moreover, the acceptance of these clips is expected to increase primarily because of the rising access to healthcare services.
Furthermore, implementing developed technologies in medical devices and rising innovation in the market would sureg the growth in the upcoming years. As these surgeries are minimally invasive time taken for recovery is also less. To prevent blood flowing into an aneurysm and prevent disruption of blood flow in normal arteries, small coil, mesh, and graft stents are utilised to seal an aneurysm.
“Horizon Europe” is a European incentive program for research and innovation that was collaborated by the parliament and EU council focusing on health and health segment-related innovation and R&D. This further aims to offer opportunities to U.S. providers to participate in hospital development projects, healthcare infrastructure, and collaborate with German and EU companies. The increasing aging population and government schemes for developing healthcare facilities will increase the demand for aneurysm clips. These factors will stimulate the growth of aneurysm clips in the Europe region.
The Germany market dominated the Europe Aneurysm Clips Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,943.2 Thousands by 2028. The UK market is anticipated to grow at a CAGR of 6.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.8% during (2022 - 2028).
Based on Material, the market is segmented into Titanium Aneurysm Clips, Polymer and Others. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers and Others. Based on Indication, the market is segmented into Stroke, Cerebral Artery Stenosis, Cerebral Aneurysm and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Aneurysm Clips Market will Hit $102.9 Million by 2028, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Abbott Laboratories, Stryker Corporation, Integra LifeSciences Holdings Corporation, Boston Scientific Corporation, B. Braun Melsungen AG (Aesculap, Inc.), Galvani Bioelectronics, Ltd. (GlaxoSmithKline plc and Verily Life Sciences), KLS Martin Group, Adeor Medical AG, and Evonos GmbH & Co.KG.
By Material
By End-use
By Indication
By Country
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