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South & Central America Cerebral Aneurysm Clips Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Material Type (Pure Titanium and Titanium-Based Alloys, Cobalt-Chromium-Based Alloys, Phynox, and Others), Indication (Saccular Aneurysm, Fusiform Aneurysm, and Mycotic Aneurysm), Condition (Unruptured Aneurysm and Ruptured Aneurysm), and End User (Hospitals, Neurology Centers, Ambulatory Surgical Centers, and Others)
Market Report I 2022-11-21 I 109 Pages I The Insight Partners
The cerebral aneurysm clips market in South & Central America is expected to grow from US$ 3,380.13 thousand in 2022 to US$ 4,584.92 thousand by 2028. It is estimated to grow at a CAGR of 5.2% from 2022 to 2028.
Growing Financial Aid for Innovation and Adoption of Surgical Robots
As the symptoms of a brain aneurysm are complex to identify, approximately one in five patients remain unaware of these symptoms. Several government authorities and organizations offer financial aid and research platforms for researchers to improve the diagnosis and treatment of cerebral aneurysms. These research and development activities will likely encourage the adoption of advanced technologies such as robotics in neurosurgeries. Robotic surgeries allow surgeons to perform several types of complicated procedures with more ease, control, and precision than traditional procedures. Additionally, the growing emphasis on minimally invasive surgeries and improving surgical outcomes drive traction toward robot-assisted surgeries.
Further, WPI Automation and Interventional Medicine Laboratory have developed a Steady Hand Guided Aneurysm Clip Applier that can provide high precision motion while keeping neurosurgeons in contact with the surgical instrument. Force sensors are incorporated between the instrument and the robot; surgeons apply force on the instrument to guide the movement of connected robots. Tremor reduction, force scaling, and virtual fixtures are the features of robotic surgeries that can enable enhanced control.
The acceptance of robotic techniques for treating neurological and brain diseases is expected to increase due to their ability to improve performance with greater flexibility, accelerate recovery, and provide high accuracy. Moreover, the techniques are expected to streamline workflows and processes, improve patient experience, and provide superior surgical outcomes. Thus, the advancements in robotics will likely bring new trends to the cerebral aneurysm clips market in the coming years.
Market Overview
The SAM cerebral aneurysm clips markets is segmented into Brazil, Argentina, and the Rest of SAM. The region held the smallest portion of the market in the global analysis. The cerebral aneurysm clips market in the SAM region is expected to grow owing to factors such as the rising need for clip placement in neurosurgeries, growing incidence of stroke, increasing geriatric population, and rise in the development in the healthcare systems of the countries in the region. Brazil has made huge strides in the healthcare sector owing to increasing healthcare expenditure. For instance, Brazil's healthcare spending per capita in 2017 was US$ 935, a 16.71% increase from the previous year's spending. Also, in 2018, the health expenditure as a share of GDP in Brazil was 9.5%, and it increased from 8.1% in 2004 to 9.5% in 2018, growing at an average annual rate of 1.18%. The growth in healthcare spending results in better care for patients in the country by launching awareness programs for disease treatment and better treatment facilities. Thus, an increase in healthcare spending across the country is also expected to fuel the market growth during the forecast period.
South & Central America Cerebral Aneurysm Clips Market Revenue and Forecast to 2028 (US$ Thousand)
South & Central America Cerebral Aneurysm Clips Market Segmentation
The South & Central America cerebral aneurysm clips market is segmented into material type, indication, condition, and end user. Based on material type, the South & Central America 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.
Based on indication, the South & Central America cerebral aneurysm clips market is segmented into saccular aneurysm, fusiform aneurysm, and mycotic aneurysm. The saccular aneurysm segment is anticipated to hold the largest market share in 2022. Based on condition, the South & Central America cerebral aneurysm clips market is segmented into unruptured aneurysm and ruptured aneurysm. The unruptured aneurysm segment is anticipated to hold a larger market share in 2022. Based on end user, the South & Central America 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 Brazil, Argentina, and the Rest of South & Central America. Brazil is anticipated to hold the largest market share in 2022. ADCA; 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 SAM Cerebral Aneurysm Clips Market - By Material Type
1.3.2 SAM Cerebral Aneurysm Clips Market - By Indication
1.3.3 SAM Cerebral Aneurysm Clips Market - By Condition
1.3.4 SAM Cerebral Aneurysm Clips Market - By End-User
1.3.5 SAM Cerebral Aneurysm Clips Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Cerebral Aneurysm Clips Market - Market Landscape
4.1 Overview
4.2 SAM PEST Analysis
4.3 Experts Opinion
5. SAM 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- SAM Analysis
6.1 SAM Cerebral Aneurysm Clips Market Revenue Forecasts and Analysis
6.1.1 Overview
7. SAM Cerebral Aneurysm Clips Market Analysis - By Material Type
7.1 Overview
7.2 SAM 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. SAM Cerebral Aneurysm Clips Market Analysis - By Indication
8.1 Overview
8.2 SAM 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. SAM Cerebral Aneurysm Clips Market Analysis - By Condition
9.1 Overview
9.2 SAM 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. SAM Cerebral Aneurysm Clips Market -By End User
10.1 Overview
10.2 SAM 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. SAM Cerebral Aneurysm Clips Market Revenue and Forecasts to 2028 - Country Analysis
11.1 Overview
11.1.1 SAM: Cerebral Aneurysm Clips Market, by Country, 2021 & 2028 (%)
11.1.1.1 Brazil: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.1.1 Overview
11.1.1.1.2 Brazil: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.1.3 Brazil: Cerebral Aneurysm Clips Market, by Material, 2019-2028 (US$ Thousand)
11.1.1.1.4 Brazil: Cerebral Aneurysm Clips Market, by Indication, 2019-2028 (US$ Thousand)
11.1.1.1.5 Brazil: Cerebral Aneurysm Clips Market, by Condition, 2019-2028 (US$ Thousand)
11.1.1.1.6 Brazil: Cerebral Aneurysm Clips Market, by End User, 2019-2028 (US$ Thousand)
11.1.1.2 Argentina: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.2.1 Overview
11.1.1.2.2 Argentina: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.2.3 Argentina: Cerebral Aneurysm Clips Market, by Material, 2019-2028 (US$ Thousand)
11.1.1.2.4 Argentina: Cerebral Aneurysm Clips Market, by Indication, 2019-2028 (US$ Thousand)
11.1.1.2.5 Argentina: Cerebral Aneurysm Clips Market, by Condition, 2019-2028 (US$ Thousand)
11.1.1.2.6 Argentina: Cerebral Aneurysm Clips Market, by End User, 2019-2028 (US$ Thousand)
11.1.1.3 Rest of SAM: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.3.1 Overview
11.1.1.3.2 Rest of SAM: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.3.3 Rest of SAM: Cerebral Aneurysm Clips Market, by Material, 2019-2028 (US$ Thousand)
11.1.1.3.4 Rest of SAM Cerebral Aneurysm Clips Market, by Indication - Revenue and Forecast to 2028 (USD Thousand)
11.1.1.3.5 Rest of SAM Cerebral Aneurysm Clips Market, by Condition - Revenue and Forecast to 2028 (USD Thousand)
11.1.1.3.6 Rest of SAM Cerebral Aneurysm Clips Market, by End User - Revenue and Forecast to 2028 (USD 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 ADCA
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
13.8 Peter Lazic GmbH
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil: Cerebral Aneurysm Clips Market, by Material - Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Brazil: Cerebral Aneurysm Clips Market, by Indication - Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Brazil: Cerebral Aneurysm Clips Market, by Condition - Revenue and Forecast to 2028 (US$ Thousand)
Table 4. Brazil Cerebral Aneurysm Clips Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Argentina: Cerebral Aneurysm Clips Market, by Material - Revenue and Forecast to 2028 (US$ Thousand)
Table 6. Argentina: Cerebral Aneurysm Clips Market, by Indication - Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Argentina: Cerebral Aneurysm Clips Market, by Condition - Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Argentina Cerebral Aneurysm Clips Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 9. Rest of SAM: Cerebral Aneurysm Clips Market, by Material - Revenue and Forecast to 2028 (US$ Thousand)
Table 10. Rest of SAM Cerebral Aneurysm Clips Market, by Indication - Revenue and Forecast to 2028 (USD Thousand)
Table 11. Rest of SAM Cerebral Aneurysm Clips Market, by Condition - Revenue and Forecast to 2028 (USD Thousand)
Table 12. Rest of SAM Cerebral Aneurysm Clips Market, by End User - Revenue and Forecast to 2028 (USD Thousand)
Table 13. Inorganic Developments in the Cerebral Aneurysm Clips Market
Table 14. Glossary of Terms, SAM Cerebral Aneurysm Clips Market
LIST OF FIGURES
Figure 1. SAM Cerebral Aneurysm Clips Market Segmentation
Figure 2. SAM Cerebral Aneurysm Clips Market, By Country
Figure 3. SAM Cerebral Aneurysm Clips Market Overview
Figure 4. Unruptured Aneurysm Held Largest Share of Surgery Type Segment in SAM Cerebral Aneurysm Clips Market
Figure 5. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. SAM: PEST Analysis
Figure 7. Experts Opinion
Figure 8. SAM Cerebral Aneurysm Clips Market Impact Analysis of Driver and Restraints
Figure 9. SAM Cerebral Aneurysm Clips Market Revenue and Forecast to 2028 (US$ Thousand)
Figure 10. SAM Cerebral Aneurysm Clips Market Revenue Share, by Material Type (2021 and 2028)
Figure 11. SAM Pure Titanium And Titanium-Based Alloys: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 12. SAM Cobalt-Chromium-Based Alloys: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 13. SAM Phynox: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 14. SAM Others: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 15. SAM Cerebral Aneurysm Clips Market Revenue Share, by Indication (2021 and 2028)
Figure 16. SAM Saccular Aneurysm: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 17. SAM Fusiform Aneurysm: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 18. SAM Mycotic Aneurysm: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 19. SAM Cerebral Aneurysm Clips Market Revenue Share, by Condition (2021 and 2028)
Figure 20. SAM Unruptured Aneurysm: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 21. SAM Ruptured Aneurysm: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 22. SAM Cerebral Aneurysm Clips Market, by End User, 2021 and 2028 (%)
Figure 23. SAM Hospitals: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 24. SAM Neurology Centers: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 25. SAM Ambulatory Surgical Centers: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 26. SAM Others: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 27. SAM: Cerebral Aneurysm Clips Market, by Key Country - Revenue (2021) (US$ Thousand)
Figure 28. SAM: Cerebral Aneurysm Clips Market, by Country, 2021 & 2028 (%)
Figure 29. Brazil: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 30. Argentina: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 31. Rest of SAM: Cerebral Aneurysm Clips Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 32. Growth Strategies in the Cerebral Aneurysm Clips Market (%)
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