Market Insights
Stroke is the leading cause of disability in adults which usually occurs due to narrowing of major intracranial arteries followed by deposition of atherosclerotic plaque. Prevalence of intracranial atherosclerotic disease (ICAD) is highly prevalent in Asian population. Initially ICAD is treated with antithrombotics, antihypertensives, statins, and risk factor controls. However, in emergency cases or other complications intracranial stenting is preferred but comparatively intracranial stenting has low adoption rate mainly due to negative impact of SAMMPRIS trial. The other growth restraining factors of intracranial stenting market are developing healthcare infrastructure in many Asian countries, high costs of neurological surgeries, requirement of highly trained & skilled practitioner, and minimum product penetration. The trials such as SAMMPRIS and VISSIT concluded that the aggressive drug therapy was superior to angioplasty and stenting. These results have highly influenced the key opinion leaders to support endovascular treatment for ICAD leading to minimize the target indications for Stryker’s Wingspan stent which is the only USFDA approved product. However in early 2018, results of the WEAVE trial were published which was not a randomized clinical trial, it was identified that fewer adverse effects in patients were treated on-label with the Wingspan stent system, concluding that intracranial stenting can be used for a particular set of high-risk ICAD patients.
Browse the full report Intracranial Stents Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/intracranial-stents-market
The type of intracranial stents present in the market are self-expanding intracranial stents, balloon expanding stents, and stent-assisted coil embolization. In 2017, stent-assisted coil embolization accounted for the largest market share due to key driving factors such as being one of the initially approved stents, evolved noticeably over the years, and rising prevalence of intracranial stenosis. On the basis of diseases intracranial stents market is segmented as intracranial stenosis and brain aneurysm out of which intracranial stenosis was observed as the largest market. The key factors responsible for growth of intracranial stenosis treatment market due to high prevalence of intracranial stenosis, technological development in the field of intracranial stenosis diagnosis, and increasing awareness related to treatment of intracranial stenosis.
North America was identified as the largest market throughout the forecast period from 2018 to 2026 due to key factors such as rising prevalence of intracranial stenosis & brain aneurysm, developed healthcare infrastructure along with high public awareness related to early diagnosis, and high penetration of intracranial stents along with efficient skilled practitioner. According to the American Heart Association, atherosclerotic stenosis was identified as the major cause of around 700,000 strokes occurring yearly in the United States. Thus, overall North America is expected to maintain its dominance throughout the forecast period.
Market Competition Assessment:
The intracranial stents market is growing significantly and major companies present in this market are focusing on the development of safe & efficient intracranial stents. The major companies in this market are Boston Scientific Corporation, Johnson & Johnson Services, Inc., Stryker Corporation, Penumbra, Inc., Medtronic plc, Terumo Corporation, and Cook Medical among others.
Key Market Movements:
- Increasing demand for minimally invasive surgical treatment is expected to assist the intracranial stenosis
- Incessant development in the technology of intracranial stents will drive the demand for safe & efficient stents
- Negative results of SAMMPRIS trial has created a negative impact of intracranial stents in the market
- Ongoing research and development in the field of intracranial stents market is expected to assist the overall market growth in the near future
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ToC:
Chapter 3. Global Intracranial Stents Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.2.1. Increasing prevalence of intracranial stenosis and brain aneurysms
3.2.2. Technological development in the intracranial stents
3.3. Challenges
3.3.1. Stringent regulatory policies have increased the rate of product recall
3.4. Opportunities
3.4.1. Rising awareness related to neurological diseases treatment and demand for minimally invasive surgeries
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Landscape
3.6.1. Competitive Landscape, by Key Players, 2017
Chapter 4. Global Intracranial Stents Market, by Type of Product, 2016 – 2026 (US$ Mn)
4.1. Overview
4.2. Self-Expanding Intracranial Stents
4.3. Balloon Expanding Stents
4.4. Stent-assisted Coil Embolization
Chapter 5. Global Intracranial Stents Market, by Disease, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. Brain Aneurysms
5.3. Intracranial Stenosis
Chapter 6. Global Intracranial Stents Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. Overview
6.2. North America Intracranial Stents Market Analysis, 2016 – 2026
6.2.1. North America Intracranial Stents Market, by Type of Product, 2016–2026 (US$ Mn)
6.2.2. North America Intracranial Stents Market, by Disease, 2016–2026 (US$ Mn)
6.2.3. North America Intracranial Stents Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Intracranial Stents Market Analysis, 2016 – 2026
6.3.1. Europe Intracranial Stents Market, by Type of Product, 2016–2026 (US$ Mn)
6.3.2. Europe Intracranial Stents Market, by Disease, 2016–2026 (US$ Mn)
6.3.3. Europe Intracranial Stents Market, by Country, 2016 – 2026 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific Intracranial Stents Market Analysis, 2016 – 2026
6.4.1. Asia Pacific Intracranial Stents Market, by Type of Product, 2016–2026 (US$ Mn)
6.4.2. Asia Pacific Intracranial Stents Market, by Disease, 2016–2026 (US$ Mn)
6.4.3. Asia Pacific Intracranial Stents Market, by Country, 2016 – 2026 (US$ Mn)
6.4.3.1. Japan
6.4.3.2. China
6.4.3.3. Rest of APAC
6.5. Latin America Intracranial Stents Market Analysis, 2016 – 2026
6.5.1. Latin America Intracranial Stents Market, by Type of Product, 2016–2026 (US$ Mn)
6.5.2. Latin America Intracranial Stents Market, by Disease, 2016–2026 (US$ Mn)
6.5.3. Latin America Intracranial Stents Market, by Country, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East & Africa (MEA) Intracranial Stents Market Analysis, 2016 – 2026
6.6.1. Middle East & Africa Intracranial Stents Market, by Type of Product, 2016–2026 (US$ Mn)
6.6.2. Middle East & Africa Intracranial Stents Market, by Disease, 2016–2026 (US$ Mn)
6.6.3. MEA Intracranial Stents Market, by Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA
Chapter 7. Company Profiles
7.1. Medtronic plc
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Boston Scientific Corporation
7.3. Penumbra, Inc.
7.4. Stryker Corporation
7.5. Johnson & Johnson Services, Inc.
7.6. Cook Medical
7.7. Terumo Corporation
7.8. DePuy Synthes
7.9. Balt Extrusion S.A.
7.10. Admedes Schuessler GmbH
7.11. Acandis GmbH
……………………..toc continued
Browse the full report Intracranial Stents Market – Growth, Future Prospects and Competitive Analysis, 2018-2026 report at https://www.credenceresearch.com/report/intracranial-stents-market
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