The cerebral aneurysm clips market in Asia Pacific is expected to grow from US$ 15.2 million in 2022 to US$ 22.9 million by 2028; it is estimated to grow at a CAGR of 7.1% from 2022 to 2028.
Surge in Geriatric Population
Cerebral aneurysms are common among the elderly population, making the need for non-invasive vascular imaging more evident. Inconsistencies in life expectancy, cognitive dysfunction, vasculopathy, comorbidities, and rupture risks associated with heterogenous endovascular and surgical treatments contribute to a surge in the use of cerebral aneurysm clips. Inagawa et al . from Shimane Prefectural Central Hospital, Izumo, Japan, examined 10,259 autopsies performed in New York. They found the incidence of unruptured cerebral aneurysms highest in patients over 60 years, with a peak prevalence of 1.2% in people 70 and above. Iwamoto et al. , Kyushu University, Fukuoka, Japan, assessed 1,230 autopsies in Japan, reporting an overall increased prevalence of unruptured aneurysms with advancing age in women, with a peak prevalence of 14.5% in Japanese women of age 60–69 years. When reviewing magnetic resonance angiography studies in 8,696 asymptomatic Japanese adults, Harada et al. identified unruptured cerebral aneurysms in 3.2% of cases, and the prevalence increased with age in both men and women.
Many potential studies have assessed the occurrence of aneurysm rupture and its connection with old age. The overall risk of rupture per patient-year risk in the general population is 0.6–1.3%. Additional pertinent risk factors include a history of SAH, hypertension, smoking, multiple aneurysms, and irregular morphology in the geriatric population. Some studies state that aneurysm size may be related to patient age. The Unruptured Cerebral Aneurysm Study of Japan (UCAS Japan) evaluated 6,697 cerebral aneurysms; 39.7% of patients aged 80 years and above had a size of 7 mm, or larger aneurysms were found in 21.4% of patients of age 50–59 years.
Therefore, the ideal management of cerebral aneurysms in elderly patients provides scope for further developments and advanced care. Management is currently individualized, requiring precise knowledge of natural history and risk of rupture that must be weighed against an individual's comorbidities, life expectancy, treatment-related risks, and success possibilities. Thus, with the growing elderly population having a greater prevalence of aneurysms, companies in the cerebral aneurysms market will likely grab significant growth opportunities in the coming years.
Market Overview
APAC is the fastest-growing regional market for cerebral aneurysm clips. The Asia Pacific cerebral aneurysm clips market is segmented into China, Japan, India, South Korea, Australia, and the Rest of APAC. Asia Pacific held a market share of 26.51% in 2021 owing to the emerging market players in APAC countries, growing prevalence of cerebral aneurysm requiring surgical procedures, growing demand for clips, and rising government support. China is among the most populated countries in the world, and it is a country that has the maximum number of patients living with neurological disorders. As per the study published in the National Center for Biotechnology Information, the prevalence of unruptured intracranial aneurysm (UIA) is as high as 7% among 35–75-year-old individuals in China. High blood pressure, smoking, diet, alcohol consumption, physical inactivity, and environmental factors also increase the risk of cerebral aneurysms. As per the Tobacco Atlas, smoking is obnoxiously prevalent in China, and its smoking population accounts for more than 40% of the total smoking population globally. Intracranial saccular aneurysms are rapidly being detected in clinical practice in parallel with the increasing frequency of performing computed tomography (CT) and magnetic resonance imaging (MRI). Moreover, increasing number of neurosurgical procedures involving the placement of clips for treating brain aneurysms is another factor boosting the market expansion.
Asia Pacific Cerebral Aneurysm Clips Market Revenue and Forecast to 2028 (US$ Thousand)
Asia Pacific Cerebral Aneurysm Clips Market Segmentation
The Asia Pacific cerebral aneurysm clips market is segmented into material type, indication, condition, and end user. Based on material type, the Asia Pacific cerebral aneurysm clips market is segmented into pure titanium and titanium-based alloys, cobalt–chromium-based alloys, phynox, and others. The pure titanium and titanium-based alloys segment is anticipated to hold the largest market share in 2022.
By indication, the Asia Pacific cerebral aneurysm clips market is categorized into saccular aneurysm, fusiform aneurysm, and mycotic aneurysm. The saccular aneurysm segment is anticipated to hold the largest market share in 2022.
In terms of condition, the Asia Pacific cerebral aneurysm clips market is divided into unruptured aneurysm and ruptured aneurysm. The unruptured aneurysm segment is anticipated to hold a larger market share in 2022.
From end user point of reference, the Asia Pacific cerebral aneurysm clips market is segmented into hospitals, neurology centers, ambulatory surgical centers, and others. The hospitals segment is anticipated to hold the largest market share in 2022.
Based on country, the market is segmented into Australia, China, India, Japan, South Korea, UK, and the Rest of Asia Pacific. The Rest of Asia Pacific is anticipated to hold the largest market share in 2022. adeor medical AG; B. Braun Melsungen AG; Integra LifeSciences; KLS Martin Group; Mizuho Medical Co, Ltd; Ortho-Medical GmbH; and Peter Lazic GmbH are among the leading companies operating in the cerebral aneurysm clips market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Cerebral Aneurysm Clips Market – By Material Type
1.3.2 APAC Cerebral Aneurysm Clips Market – By Indication
1.3.3 APAC Cerebral Aneurysm Clips Market – By Condition
1.3.4 APAC Cerebral Aneurysm Clips Market – By End-User
1.3.5 APAC Cerebral Aneurysm Clips Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Cerebral Aneurysm Clips Market – Market Landscape
4.1 Overview
4.2 APAC PEST Analysis
4.3 Experts Opinion
5. APAC Cerebral Aneurysm Clips Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Brain Aneurysm and Associated Risk Factors
5.1.2 Rise in Research and Development Activities for Treating Cerebral Aneurysms
5.2 Market Restraints
5.2.1 High Cost of Surgical Procedures
5.3 Market Opportunities
5.3.1 The surge in Geriatric Population
5.4 Future Trends
5.4.1 Growing Financial Aid for Innovation and Adoption of Surgical Robots
5.5 Impact Analysis
6. Cerebral Aneurysm Clips Market– APAC Analysis
6.1 APAC Cerebral Aneurysm Clips Market Revenue Forecasts and Analysis
6.1.1 Overview
7. APAC Cerebral Aneurysm Clips Market Analysis – By Material Type
7.1 Overview
7.2 APAC Cerebral Aneurysm Clips Market Revenue Share, by Material Type (2021 and 2028)
7.3 Pure Titanium and Titanium-Based Alloys
7.3.1 Overview
7.3.2 Pure Titanium and Titanium-Based Alloys: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
7.4 Cobalt-Chromium-Based Alloys
7.4.1 Overview
7.4.2 Cobalt-Chromium-Based Alloys: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
7.5 Phynox
7.5.1 Overview
7.5.2 Phynox: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
7.6 Others
7.6.1 Overview
7.6.2 Others: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
8. APAC Cerebral Aneurysm Clips Market Analysis – By Indication
8.1 Overview
8.2 APAC Cerebral Aneurysm Clips Market Revenue Share, by Indication (2021 and 2028)
8.3 Saccular Aneurysm
8.3.1 Overview
8.3.2 Saccular Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
8.4 Fusiform Aneurysm
8.4.1 Overview
8.4.2 Fusiform Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
8.5 Mycotic Aneurysm
8.5.1 Overview
8.5.2 Mycotic Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
9. APAC Cerebral Aneurysm Clips Market Analysis – By Condition
9.1 Overview
9.2 APAC Cerebral Aneurysm Clips Market Revenue Share, by Condition (2021 and 2028)
9.3 Unruptured Aneurysm
9.3.1 Overview
9.3.2 Unruptured Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
9.4 Ruptured Aneurysm
9.4.1 Overview
9.4.2 Ruptured Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
10. APAC Cerebral Aneurysm Clips Market –By End User
10.1 Overview
10.2 APAC Cerebral Aneurysm Clips Market, by End User, 2021 and 2028 (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
10.4 Neurology Centers
10.4.1 Overview
10.4.2 Neurology Centers: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
10.5 Ambulatory Surgical Centers
10.5.1 Overview
10.5.2 Ambulatory Surgical Centers: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
10.6 Others
10.6.1 Overview
10.6.2 Others: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11. APAC Cerebral Aneurysm Clips Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Overview
11.1.1 Asia Pacific: Cerebral Aneurysm Clips Market, by Country, 2021 & 2028 (%)
11.1.1.1 China: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.1.1 Overview
11.1.1.1.2 China: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.1.3 China: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.1.4 China: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.1.5 China: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.1.6 China: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.2 Japan: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.2.1 Overview
11.1.1.2.2 Japan: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.2.3 Japan: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.2.4 Japan: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.2.5 Japan: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.2.6 Japan: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.3 India: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.3.1 Overview
11.1.1.3.2 India: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.3.3 India: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.3.4 India: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.3.5 India: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.3.6 India: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.4 South Korea: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.4.1 Overview
11.1.1.4.2 South Korea: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.4.3 South Korea: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.4.4 South Korea: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.4.5 South Korea: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.4.6 South Korea: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.5 Australia: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.5.1 Overview
11.1.1.5.2 Australia: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.5.3 Australia: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.5.4 Australia: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.5.5 Australia: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.5.6 Australia: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.6 Rest of Asia Pacific: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.6.1 Overview
11.1.1.6.2 Rest of Asia Pacific: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.6.3 Rest of Asia Pacific: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.6.4 Rest of Asia Pacific: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.6.5 Rest of Asia Pacific: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.6.6 Rest of Asia Pacific: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
12. Cerebral Aneurysm Clips Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Cerebral Aneurysm Clips Market (%)
12.3 Inorganic Developments
12.3.1 Overview
12.4 Organic Developments
12.4.1 Overview
13. Company Profiles
13.1 B. Braun Melsungen AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 adeor medical AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Integra LifeSciences
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Mizuho Medical Co,Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 KLS Martin Group
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ortho-Medical GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Peter Lazic GmbH
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES.
Table 1. China Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 2. China Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 3. China Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 4. China Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Japan Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 6. Japan Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Japan Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Japan Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 9. India Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 10. India Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 11. India Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 12. India Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 13. South Korea Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 14. South Korea Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 15. South Korea Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 16. South Korea Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 17. Australia Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 18. Australia Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 19. Australia Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 20. Australia Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 21. Rest of APAC Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 22. Rest of APAC Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 23. Rest of APAC Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 24. Rest of APAC Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 25. Inorganic Developments in the Cerebral Aneurysm Clips Market
Table 26. Glossary of Terms, APAC Cerebral Aneurysm Clips Market
LIST OF FIGURES.
Figure 1. APAC Cerebral Aneurysm Clips Market Segmentation
Figure 2. APAC Cerebral Aneurysm Clips Market, By Country
Figure 3. APAC Cerebral Aneurysm Clips Market Overview
Figure 4. Unruptured Aneurysm Held Largest Share of APAC Cerebral Aneurysm Clips Market
Figure 5. India is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. APAC: PEST Analysis
Figure 7. Experts Opinion
Figure 8. APAC Cerebral Aneurysm Clips Market Impact Analysis of Driver and Restraints
Figure 9. APAC Cerebral Aneurysm Clips Market – Revenue Forecasts and Analysis – 2019- 2028
Figure 10. APAC Cerebral Aneurysm Clips Market Revenue Share, by Material Type (2021 and 2028)
Figure 11. APAC Pure Titanium And Titanium-Based Alloys: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 12. APAC Cobalt-Chromium-Based Alloys: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 13. APAC Phynox: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 14. APAC Others: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 15. APAC Cerebral Aneurysm Clips Market Revenue Share, by Indication (2021 and 2028)
Figure 16. APAC Saccular Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 17. APAC Fusiform Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 18. APAC Mycotic Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 19. APAC Cerebral Aneurysm Clips Market Revenue Share, by Condition (2021 and 2028)
Figure 20. APAC Unruptured Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 21. APAC Ruptured Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 22. APAC Cerebral Aneurysm Clips Market, by End User, 2021 and 2028 (%)
Figure 23. APAC Hospitals: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 24. APAC Neurology Centers: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 25. APAC Ambulatory Surgical Centers: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 26. APAC Others: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 27. APAC: Cerebral Aneurysm Clips Market, by Key Country – Revenue (2021) (US$ Thousand)
Figure 28. Asia Pacific: Cerebral Aneurysm Clips Market, by Country, 2021 & 2028 (%)
Figure 29. China: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 30. Japan: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 31. India: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 32. South Korea: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 33. Australia: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 34. Rest of Asia Pacific: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 35. Growth Strategies in the Cerebral Aneurysm Clips Market (%)
