Flow Diverter Market Key Highlights:
- Market Size (2024): USD 418 Million
- Projected Market Size (2034): USD 1,605 Million
- CAGR (2024-2034): 14.4%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Flow Diverter Market Definition
The flow diverters market specializes in producing devices that are used in neurovascular surgeries, particularly in treating intracranial aneurysms. These aneurysms create a bulge within the brain and cause weakness within blood vessels. Flow diverters help divert the blood flow from the aneurysm, thus promoting healing and reducing the risk of rupture. The market is reaching heights, due to an increase in cerebral aneurysm cases, which are life-threatening, and are causing serious concerns worldwide. Preventative treatments such as the flow diverters thus became crucial for reducing complications associated with aneurysms.
Ongoing innovations in neurovascular devices are leading to safer, more effective flow diverters. Modern-day diverters are less invasive, which allows for shorter recovery times and reduces the risk associated with open-brain surgeries. These advancements make the flow diverters market an attractive choice for both physicians and patients. Although flow diverters are minimally invasive, they carry the risks of blood clots, rebleeding, and device migration. These complications may deter the patients as well as the physicians from choosing the flow diverter market and their products. North America and Asia-Pacific are the fastest-growing regions, with North America dominating the market due to higher healthcare spending and better access to advanced medical technologies.
Flow Diverter Market Segmentation:
By Device Type
- Silk (SILK)
- Surpass (SURPASS)
- FRED Flow Diverter
- p64 Flow Diverter
By Diameter Size
- 2-3 mm
- 3-4 mm
- 4-5 mm
- >5 mm
By Material
- Cobalt-Chromium
- Nickel-Cobalt Chromium
- Nickel-Titanium
- Stainless Steel
Flow Diverter Market Companies:
- Medtronic
- Stryker Corporation
- MicroVention Inc. (Terumo Corporation)
- BALT Extrusion SA
- MicroPort Scientific Corporation
- Penumbra Inc.
- Phenox GmbH
- Acandis
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