Intracranial Stenosis Stents Market Trends

Report ID: GMI6416
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Published Date: August 2023
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Report Format: PDF

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Intracranial Stenosis Stents Market Trends

Ongoing advancements in medical technology led to the development of more sophisticated and effective intracranial stents. These innovations include improved stent designs, biocompatible materials, and better delivery systems, resulting in enhanced safety and efficacy of the stenting procedure. For instance, Wallaby/phenox introduced the pEGASUS HPC stent, featuring an innovative anti-thrombogenic HPC coating technology. The stent is specifically designed for patients with intracranial aneurysms and stenoses in intracranial atherosclerotic disease (ICAD).
 

The launch of this new stent marks a significant advancement in the field of neurovascular interventions and offers promising treatment options for individuals with neurological conditions. As the technology continues to evolve, it attracts greater interest from medical professionals and further fuels the demand for intracranial stenosis stents. Furthermore, the global population is aging, with a higher proportion of elderly individuals. As people age, they become more susceptible to vascular diseases and intracranial stenosis. The elderly population base often seeks medical intervention to improve their quality of life and prevent serious health issues including strokes.
 

For instance, according to the World Stroke Organization's 2022 report, there are over 12.2 million new stroke cases reported annually worldwide. The highest prevalence of stroke occurs in individuals aged 70 years and above, accounting for 67% of cases followed by those aged between 15 and 49 years representing 22% of cases. Consequently, the growing geriatric demographic contributes to the rising demand for intracranial stenosis stents as a means of effective treatment.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe
Frequently Asked Question(FAQ) :
How big is the U.S. intracranial stenosis stents industry?
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.
Which are the leading firms operating in the intracranial stenosis stents sector?
What is the size of the intracranial stenosis stents market?
Why is the demand for self-expanding stents gaining traction?
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    Authors: Mariam Faizullabhoy , Pratiksha Kamthe
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    Base Year: 2022

    Companies covered: 13

    Tables & Figures: 270

    Countries covered: 30

    Pages: 210

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