Wednesday 10 August 2016

Global Flow Diversion Aneurysm Treatment Market to grow at a CAGR of 14.55% during the period 2016 - 2020; Finds New Report

Global Flow Dimension Aneurysm Treatment Market 2016 - 2020

Report forecast the global flow diversion aneurysm treatment market to grow at a CAGR of 14.55% during the period 2016-2020.

The global flow diversion aneurysm treatment market is driven by several factors that include the increase in the incidence of brain aneurysm, increase in demand for minimally invasive endovascular surgeries, and advances in technology. However, challenges such as risk of complications in cerebrovascular/neurovascular procedures, stringent regulations for the approval of devices, the high cost of flow diversion aneurysm treatment, and the increase in competition among vendors restrain the market growth.

The report covers the present scenario and the growth prospects of the global flow diversion aneurysm treatment market for 2016-2020. To calculate the market size, we consider the revenue generated from the sales of flow diversion aneurysm devices to hospitals and ambulatory surgical centers (ASCs).

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA

According to the report, increase in demand for minimally invasive endovascular surgeries will be a key driver for market growth. Minimally invasive endovascular surgeries reduce the duration of hospital stay, allowing a patient to recover faster, and this also translates into better utilization of healthcare resources at a lower cost. In addition, as these surgeries are performed with minute incisions in the body to treat blockages in arteries they do not leave any visible scars. The neuro-endovascular coiling surgeries are conducted by using a minimally invasive endovascular technique. These procedures are possible even in individuals with high risk of aneurysm rupture. Also, these surgeries can be carried out in ASCs. These advantages are expected to increase the demand for these procedures and contribute to market growth during the forecast period.

Further, the report states that inadequate clinical evidence will be a challenge for the market. Currently, the availability of flow diversion aneurysm treatment devices in the market is limited because of the lack of clinical data supporting the safety and efficacy of these devices. Flow diversion aneurysm treatment is a high-risk procedure. The procedures to treat intracranial aneurysm are complex and need microsurgical techniques to achieve favorable outcomes. Studies like the International Study of unruptured Intracranial Aneurysms (ISUIA) have suggested new guidelines for clinical trials based on the stability, performance, treatment, and delayed response of flow diversion devices. Researchers are focusing on conducting advanced clinical studies with an eye toward safety and efficacy during the process of manufacturing; there is a need to comply with good manufacturing practices and regulation standards for approvals. Such issues lead to the lack of clinical evidence that will hamper the adoption rates of flow diversion aneurysm treatment devices.

Global Flow Diversion Aneurysm Treatment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global flow diversion aneurysm treatment market:  Balt Extrusion, Medtronic, MicroVention, and Stryker.

Other Prominent Vendors in the market are: Acandis, InspireMD, and Phenox.

Market driver
  • Increase in instances of brain aneurysm caused by cerebral disorders
  • For a full, detailed list, view our report

Market challenge
  • Complications associated with cerebrovascular/neurovascular procedures
  • For a full, detailed list, view our report

Market trend
  • Product approvals and tentative investigational product launches
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 42 Exhibit Global Flow Dimension Aneurysm Treatment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Introduction, Ongoing clinical trials and approved indications for flow diverters, Evolution of endovascular aneurysm treatment, Geographical segmentation, Buying criteria, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/J9r

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