Global Intracranial Stents Market to Grow Substantially Through 2026

June 09, 2021


According to the report titled ‘Intracranial Stents Market Insights, Competitive Landscape and Market Forecast-2026’, available with Market Study Report LLC, intracranial stents market is anticipated to showcase lucrative growth trends over 2018-2026.
 

The growth of intracranial stents market is propelled by rising occurrence of intracranial diseases which are caused by genetic disorders, injuries, or by vessel blockages. Supportive policies introduced by the government and growing awareness among individuals are also aiding the industry growth.
 

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The past two decades have shown a phenomenal rise in the demand for intracranial stents and the market has been distinguished by technical improvisations and the surge in the preference for disease management.
 

For the unversed, intracranial stent is a tube-shaped structure that is placed inside a duct, canal, or blood vessel. It assists continuous flow of fluid by removing the obstructions. It is basically a small tube inserted in the arteries of the brain to open the blocked arteries thereby smoothening the blood flow and filling up the aneurysm that can lead to blood clots.
 

Speaking of restraints, high prices of the products and dearth of learned surgical practitioners are poised to arrest the worldwide intracranial stents market expansion.
 

Based on type, intracranial stents market is classified into balloon expanding stents, self-expanding stents, and stent assisted coil embolization. In terms of application, the marketplace is bifurcated into intracranial stenosis, and brain aneurysm. While the end use scope includes hospitals, ambulatory surgery centers (ASCs), and others.
 

Apart from highlighting the growth catalysts and restraints prevailing in the market, along with enlisting the various segments, the business intelligence report provides information about the industry share held by each segment, and predictions about their growth rate and revenue contributions. These insights will enable the investors to identify profitable areas and make informed decisions.
 

Moving on competitive landscape, companies like Cook Medical Inc., Boston Scientific Corporation, Medtronic plc, Johnson & Johnson, Terumo Corporation, Penumbra Inc., and Stryker Corporation are profiled in the global intracranial stents market report, along with their business strategies, product & service portfolio, and industry position.

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