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Intracranial Stenosis Stents Market Size

  • Report ID: GMI6416
  • Published Date: Aug 2023
  • Report Format: PDF

Intracranial Stenosis Stents Market Size

Intracranial Stenosis Stents Market size was valued at USD 790 million in 2022 and is estimated to account for USD 1.3 billion by 2032.

 

Intracranial stenosis stents are medical devices used to treat the narrowing of blood vessels within the brain, a condition known as intracranial stenosis. These stents are small, flexible metal mesh tubes implanted in the narrowed blood vessels to widen and reinforce them, restoring proper blood flow and reducing the risk of stroke. Intracranial stenting or angioplasty with stenting is minimally invasive and involves delivering the stent through a catheter inserted into an artery, usually accessed through the femoral artery in the leg.
 

This approach aims to prevent ischemic strokes and improve patient outcomes by promoting better blood flow to the affected brain region. The market for intracranial stenosis stents is anticipated to grow owing to the growing awareness of minimally invasive treatment options and the advancement of medical technologies.
 

The growing prevalence of intracranial diseases, such as stroke and atherosclerosis is one of the major driving factors for the market progress. There has been a significant increase in the incidence of intracranial diseases such as atherosclerosis and vascular conditions worldwide. These conditions partially lead to intracranial stenosis, where blood vessels in the brain narrow, potentially causing strokes and other neurological complications. Additionally, several factors such as an aging population base and lifestyle changes contribute to the rising prevalence of risk factors including hypertension and diabetes, that lead to intracranial disease.
 

For instance, according to the American Heart Association (AHA), each year about 795,000 new or recurrent strokes occur in the U.S. The prevalence has resulted in a higher demand for effective treatment, such as intracranial stenosis stents, to manage the condition and reduce the risk of stroke-related complications. Furthermore, patients and healthcare providers are increasingly seeking minimally invasive treatment options due to their numerous benefits. Compared to traditional surgical procedures, minimally invasive approaches involve smaller incisions, reduced trauma, shorter hospital stays, and quicker recovery times. Intracranial stenting is a less invasive alternative to open surgeries making it more appealing to patients and contributing to market expansion.
 

 

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Intracranial stenosis stents industry was worth USD 790 million in 2022 and is estimated to account for USD 1.3 billion by 2032 driven by the growing awareness of minimally invasive treatment options and the advancement of medical technologies.

The self-expanding stents segment garnered USD 286.3 million in revenue size in 2022 and is projected to witness high demand through 2032 owing to several advantages associated with its use such as minimally invasive deployment, accurate placement, flexibility, reduced risk of complications, and long-term stability.

The U.S. intracranial stenosis stents market generated USD 281.1 million in 2022 and is poised to witness significant growth through 2032 attributed to the high prevalence of neurological conditions, including intracranial stenosis due to factors such as an aging population and an increasing incidence of risk factors such as hypertension, diabetes, and high cholesterol.

Some of the prominent companies engaged in the global intracranial stenosis stents industry are Stryker Corporation, Medtronic plc, MicroPort Scientific Corporation, Abbott Laboratories, Terumo Corporation, Boston Scientific Corporation, Johnson & Johnson (DePuy Synthes), Penumbra, Inc., Acandis GmbH, BALT Extrusion, EndoSigma, Balt USA LLC and Phenox GmbH, among others.

Intracranial Stenosis Stents Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 270
  • Countries covered: 30
  • Pages: 210
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