ID: MRFR/MED/0909-HCR | 85 Pages | Published By Kinjoll Dey on March 2023
The cerebral vasospasm market is anticipated to reach USD 3,183.3 Million by 2030 at 7.3% CAGR during the forecast period 2022-2030. Cerebral vasospasm usually is the narrowing of cerebral arteries. Patients who survive a subarachnoid hemorrhage are more likely to experience cerebral vasospasm. A narrowing of the cerebral artery causes cerebral ischemia, which leads to death. Vasospasm of the bigger conducting arteries in the subarachnoid region, which is initially covered by a clot, is known as cerebral vasospasm. This type of hemorrhagic stroke can result in severe cerebral vasospasm, which causes entire brain areas to become blood-deprived in the days following the stroke, resulting in serious repercussions. Over the first few days after an aneurysmal rupture, significant constriction of the blood arteries in the brain occurs. Following an intracerebral hemorrhage, this type of constriction usually peaks in about a week.
Symptoms usually appear 3 to 14 days after the original subarachnoid hemorrhage, but it can happen up to 3 weeks later, with the highest risk at 7 days. A physician may utilize transcranial dopplers, CT-angiography, MR-angiography, or a cerebral angiogram to identify cerebral vasospasm. Although the disease's exact cause is unknown, it is assumed to be caused by a chemical imbalance that causes vasoconstriction and vasodilation. The majority of patients with subarachnoid hemorrhages are given medications to avoid cerebral vasospasm-related strokes. Once the condition has been identified, treatment options include raising blood pressure to force blood flow to the brain and/or angiography. Angiography allows a physician to send medicine to the arteries and/or dilate them with balloon angioplasty, depending on the severity and location of the vasospasm.
Bottlenecks have formed in industry pipelines, sales funnels, and supply chain activities as a result of the COVID-19 Pandemic. COVID-19's global proliferation has posed a significant socioeconomic cost and has become a major global public health hazard. The COVID-19 older population is in danger, especially those with hypertension, diabetes, cardiovascular, and cerebral vasospasm illnesses which will lead to Cerebral Vasospasm Market Growth. If infected with COVID-19, these people have the highest mortality rates. Even though the lungs are the primary organs engaged in COVID-19-induced acute respiratory distress syndrome. It activates inflammatory and immunological systems, resulting in a cytokine storm that accelerates illness development and may lead to death. According to present research, new coronavirus does not improve the prognosis of patients with cerebral vasospasm illnesses, and changes in their clinical condition should be closely monitored.
COVID-19 has the potential to cause respiratory problems as well as other main and secondary nervous system problems. Acute Cerebral Vasospasm Market Analysis such as sudden speech confusion and limb paralysis have been reported in COVID-19 patients; symptoms of intracranial infection such as headache, epilepsy, and disturbance of consciousness; symptoms of muscle damage such as soreness and weakness of limbs; and occasionally symptoms such as neuralgia, abnormal sensation. During this time of high COVID-19 prevalence, neurologists should give extra attention to this patient population, particularly those with nervous system symptoms. COVID-19 may stymie the Cerebral Vasospasm Market Trends.
Cerebral Vasospasm Market Dynamics
The market for cerebral vasospasm is expanding as the frequency of traumatic brain injuries rises. The primary factor driving the Cerebral Vasospasm Market Size is an increase in the prevalence of subarachnoid hemorrhage and a rise in the prevalence of traumatic brain injury. Increased hypertension in the population, increased smoking adoption, changing lifestyle, growing geriatric population, rising prevalence of bleeding disorders, rising usage of blood thinners, and the development of technologically enhanced treatments are all contributing to the Cerebral Vasospasm Market Growth.
The high expense of therapy and rising worries about the hazards connected with pharmaceuticals and therapies are projected to stymie the Market Value. The market is expected to face challenges due to a scarcity of qualified specialists.
The market analysis for each country, including growth in healthcare capital expenditure, installed base of various types of products for the market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the market. The technology interacts with some nerves from within the arteries in the lower brain to release arterial constriction throughout the brain using a less invasive electroactive endovascular probe. The technology has helped in increasing Market Size of Cerebral Vasospasm .
Cerebral Vasospasm Market Segment Overview
The Cerebral Vasospasm Market Share has been bifurcated into various segments that will help the market to achieve the highest CAGR during the Forecast period.
Based on the diagnosis, market is segmented as follows:
Based on the treatment segment, the market is segmented as follows:
Based on the end-users, the market is segmented as follows:
Based on the region, the market is segmented as follows:
Cerebral Vasospasm Market Regional Classification
Because of the rising number of traumatic brain injuries in this region, North America dominates the market of cerebral vasospasm. The increased prevalence of brain traumatic injuries has an impact on market growth. Furthermore, rising healthcare expenditures and increased acceptance of technologically advanced medical implants are helping to drive Market Value in this area.
Europe is thought to be the second-largest market for cerebral vasospasm treatment. The market in this region is being driven by the rising health burden caused by smoking. During the historic projection period, 484,700 persons were hospitalized owing to health complications related to smoking. This creates excellent conditions for the Cerebral Vasospasm Market Outlook to expand in this area.
In Asia-Pacific, because of the rising number of senior people, the market is expected to develop during the Forecast. Aneurysms in the brain develop after the age of 40 and are common in the older population. Asia's geriatric population is predicted to reach 923 million by 2050, according to the Asian Development Bank (ADB). This contributes to the region's healthy market growth.
Due to strict government rules and underdeveloped economies, the Middle East and Africa have the smallest market share of cerebral vasospasm. Growing government initiatives, private sector investments, and well-equipped healthcare facilities, on the other hand, are expected to boost market expansion in this region.
Cerebral Vasospasm Market Competitive Landscape
The market competitive landscape of cerebral vasospasm is broken down by competitors. Company overview, financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites, and facilities are all covered in the information. The major key players of the market are Headsense Medical Ltd (Israel), B. Braun Melsungen AG (Germany), Minnetronix, Inc (US), Bristol-Myers Squibb Company (US), Boehringer Ingelheim GmbH (Germany), H. Lundbeck A/S (Denmark), Actelion Pharmaceuticals Ltd, GE Healthcare, Edge Therapeutics, Inc, SIEMENS AG, Artiria Medical (Switzerland), Koninklijke Philips N.V, and others.
The Wyss Center and Artiria Medical have teamed up to speed up the development of a technology that could help stroke patients live longer and have a better quality of life.
Artiria, a medical device business, has developed a new technology that could help prevent arterial constriction following a hemorrhagic stroke.
The research contains in-depth information on the industry from the major competitors. It provides in-depth information on profitable growing markets as well as an analysis of market penetration across mature categories. It also includes thorough information on underserved locations, recent advancements, and investment opportunities. The study examines market shares, products, drivers, restraints, and main players in-depth. It gives information about upcoming technologies and game-changing product breakthroughs. The Market will stimulate market growth, as well as an increase in awareness about therapy and mechanical advances, as well as the rapid acceptance of newer definitions and measurement frameworks, among other factors driving the market of Cerebral Vasospasm.
|Market Size||2030 : USD 3,183.3 Million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Diagnosis, Treatment and End-User|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Headsense Medical Ltd (Israel), B. Braun Melsungen AG (Germany), Minnetronix, Inc (US), Bristol-Myers Squibb Company (US), Boehringer Ingelheim GmbH (Germany) and H. Lundbeck A/S (Denmark), Actelion Pharmaceuticals Ltd, GE Healthcare, Edge Therapeutics, Inc, SIEMENS AG, Koninklijke Philips N.V,|
|Key Market Opportunities||
|Key Market Drivers||