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Middle East & Africa 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)
- Report Code : BMIRE00027520
- Pages : 110
The cerebral aneurysm clips market in the Middle East & Africa is expected to grow from US$ 3.8 million in 2022 to US$ 5.0 million by 2028; it is estimated to grow at a CAGR of 4.7% 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 system was demonstrated at the CNS Conference in Denver, Colorado, receiving good participant feedback.
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 MEA cerebral aneurysm clips market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of MEA. Saudi Arabia is expected to dominate the MEA region in terms of market share owing to large population size and rising prevalence of brain aneurysm, along with increase in investment in healthcare industry. The governments in the region are actively investing in research and development to become self-reliant in healthcare technologies.
Moreover, the rising focus on developing innovative therapies for treating chronic conditions by the increasing presence of international market players is also estimated to offer a favorable environment for the growth of the Rest of the MEA cerebral aneurysm clips market during the forecast period.
Thus, owing to the above-mentioned factors, the cerebral aneurysms market in the Rest of MEA is expected to flourish during the forecast period.
Middle East & Africa Cerebral Aneurysm Clips Market Revenue and Forecast to 2028 (US$ Thousand)
Middle East & Africa Cerebral Aneurysm Clips Market Segmentation
The Middle East & Africa cerebral aneurysm clips market is segmented into material type, indication, condition, and end user. Based on material type, the Middle East & Africa 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 Middle East & Africa 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. By condition, the Middle East & Africa cerebral aneurysm clips market is segmented into unruptured aneurysm and ruptured aneurysm. The unruptured aneurysm segment is anticipated to hold the largest market share in 2022.
Based on end user, the Middle East & Africa 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 Saudi Arabia, South Africa, UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa 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; Peter Lazic GmbH; and REBSTOCK INSTRUMENTS 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 MEA Cerebral Aneurysm Clips Market – By Material Type
1.3.2 MEA Cerebral Aneurysm Clips Market – By Indication
1.3.3 MEA Cerebral Aneurysm Clips Market – By Condition
1.3.4 MEA Cerebral Aneurysm Clips Market – By End-User
1.3.5 MEA Cerebral Aneurysm Clips Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Cerebral Aneurysm Clips Market – Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Experts Opinion
5. MEA 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– MEA Analysis
6.1 MEA Cerebral Aneurysm Clips Market Revenue Forecasts and Analysis
6.1.1 Overview
7. MEA Cerebral Aneurysm Clips Market Analysis – By Material Type
7.1 Overview
7.2 MEA 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. MEA Cerebral Aneurysm Clips Market Analysis – By Indication
8.1 Overview
8.2 MEA 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. MEA Cerebral Aneurysm Clips Market Analysis – By Condition
9.1 Overview
9.2 MEA 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. MEA Cerebral Aneurysm Clips Market –By End User
10.1 Overview
10.2 MEA 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. MEA Cerebral Aneurysm Clips Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Overview
11.1.1 MEA: Cerebral Aneurysm Clips Market, by Country, 2021 & 2028 (%)
11.1.1.1 South Africa: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.1.1 Overview
11.1.1.1.2 South Africa: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.1.3 South Africa: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.1.4 South Africa: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.1.5 South Africa: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.1.6 South Africa: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.2 Saudi Arabia: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.2.1 Overview
11.1.1.2.2 Saudi Arabia: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.2.3 Saudi Arabia: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.2.4 Saudi Arabia: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.2.5 Saudi Arabia: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.2.6 Saudi Arabia: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.3 UAE: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.3.1 Overview
11.1.1.3.2 UAE: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.3.3 UAE: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.3.4 UAE: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.3.5 UAE: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.3.6 UAE: Cerebral Aneurysm Clips Market, by End User, 2019–2028 (US$ Thousand)
11.1.1.4 Rest of MEA: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.4.1 Overview
11.1.1.4.2 Rest of MEA: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
11.1.1.4.3 Rest of MEA: Cerebral Aneurysm Clips Market, by Material Type, 2019–2028 (US$ Thousand)
11.1.1.4.4 Rest of MEA: Cerebral Aneurysm Clips Market, by Indication, 2019–2028 (US$ Thousand)
11.1.1.4.5 Rest of MEA: Cerebral Aneurysm Clips Market, by Condition, 2019–2028 (US$ Thousand)
11.1.1.4.6 Rest of MEA: 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. South Africa: Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 2. South Africa: Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 3. South Africa: Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 4. South Africa: Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Saudi Arabia: Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 6. Saudi Arabia: Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Saudi Arabia: Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Rest of MEA: Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 9. UAE: Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 10. UAE: Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 11. UAE: Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 12. UAE: Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 13. Rest of MEA: Cerebral Aneurysm Clips Market, by Material Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 14. Rest of MEA: Cerebral Aneurysm Clips Market, by Indication – Revenue and Forecast to 2028 (US$ Thousand)
Table 15. Rest of MEA: Cerebral Aneurysm Clips Market, by Condition – Revenue and Forecast to 2028 (US$ Thousand)
Table 16. Rest of MEA: Cerebral Aneurysm Clips Market, by End User – Revenue and Forecast to 2028 (US$ Thousand)
Table 17. Inorganic Developments in the Cerebral Aneurysm Clips Market
Table 18. Glossary of Terms, MEA Cerebral Aneurysm Clips Market
LIST OF FIGURES
Figure 1. MEA Cerebral Aneurysm Clips Market Segmentation
Figure 2. MEA Cerebral Aneurysm Clips Market, By Country
Figure 3. MEA Cerebral Aneurysm Clips Market Overview
Figure 4. Unruptured Aneurysm Held Largest Share in MEA Cerebral Aneurysm Clips Market
Figure 5. South Africa is Expected to Show Remarkable Growth During the Forecast Period
Figure 7. MEA: PEST Analysis
Figure 8. Experts Opinion
Figure 9. MEA Cerebral Aneurysm Clips Market Impact Analysis of Driver and Restraints
Figure 10. MEA Cerebral Aneurysm Clips Market – Revenue Forecasts and Analysis – 2019- 2028
Figure 11. MEA Cerebral Aneurysm Clips Market Revenue Share, by Material Type (2021 and 2028)
Figure 12. MEA Pure Titanium And Titanium-Based Alloys: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 13. MEA Cobalt-Chromium-Based Alloys: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 14. MEA Phynox: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 15. MEA Others: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 16. MEA Cerebral Aneurysm Clips Market Revenue Share, by Indication (2021 and 2028)
Figure 17. MEA Saccular Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 18. MEA Fusiform Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 19. MEA Mycotic Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 20. MEA Cerebral Aneurysm Clips Market Revenue Share, by Condition (2021 and 2028)
Figure 21. MEA Unruptured Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 22. MEA Ruptured Aneurysm: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 23. MEA Cerebral Aneurysm Clips Market, by End User, 2021 and 2028 (%)
Figure 24. MEA Hospitals: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 25. MEA Neurology Centers: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 26. MEA Ambulatory Surgical Centers: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 27. MEA Others: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 28. MEA: Cerebral Aneurysm Clips Market, by Key Country – Revenue (2021) (US$ Thousand)
Figure 29. MEA: Cerebral Aneurysm Clips Market, by Country, 2021 & 2028 (%)
Figure 30. South Africa: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 31. Saudi Arabia: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 32. UAE: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 33. Rest of MEA: Cerebral Aneurysm Clips Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 34. Growth Strategies in the Cerebral Aneurysm Clips Market (%)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa cerebral aneurysm clips market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa cerebral aneurysm clips market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the cerebral aneurysm clips market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The List of Companies – Middle East & Africa Cerebral Aneurysm Clips Market
● adeor medical AG
● B. Braun Melsungen AG
● Integra LifeSciences
● KLS Martin Group
● Mizuho Medical Co, Ltd.
● Ortho-Medical GmbH
● Peter Lazic GmbH
● REBSTOCK INSTRUMENTS GMBH
At 4.7% CAGR, the Middle East & Africa Cerebral Aneurysm Clips Market is speculated to be worth US$ 5.0 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Middle East & Africa cerebral aneurysm clips market was valued at US$ 3.8 million in 2022 and is expected to reach US$ 5.0 million by 2028, registering an annual growth rate of 7.1% from 2022 to 2028. Growing financial aid for innovation and adoption of surgical robots and surge in geriatric population are the critical factors attributed to the market expansion.
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 system was demonstrated at the CNS Conference in Denver, Colorado, receiving good participant feedback.
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.
On the contrary, high cost of surgical procedures hurdles the growth of Middle East & Africa cerebral aneurysm clips market.
Based on material type, the Middle East & Africa 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 with a share of 43.3%, amassing US$ 1.6 million. It is projected to garner US$ 2.2 million by 2028 to expand at 4.9% CAGR during 2022–2028. Based on indication, the Middle East & Africa 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 with a share of 88.5%, amassing US$ 3.4 million. It is projected to garner US$ 4.3 million by 2028 to expand at 4.6% CAGR during 2022–2028. Based on condition, the Middle East & Africa 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 with a share of 97.7%, amassing US$ 3.7 million. It is projected to garner US$ 4.6 million by 2028 to expand at 4.6% CAGR during 2022–2028. Based on end user, the Middle East & Africa 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 with a share of 63.5%, amassing US$ 2.4 million. It is projected to garner US$ 3.1 million by 2028 to expand at 4.4% CAGR during 2022–2028. Our regional analysis states that the Rest of Middle East & Africa captured 41.2% market share in 2022. It was assessed at US$ 1.6 million in 2022 and is likely to hit US$ 2.0 million by 2028, exhibiting a CAGR of 4.3% during the forecast period.
Key players dominating the Middle East & Africa cerebral aneurysm clips market are ADCA; adeor medical AG; B. Braun Melsungen AG; Integra LifeSciences; KLS Martin Group; Mizuho Medical Co, Ltd; Ortho-Medical GmbH; Peter Lazic GmbH; and REBSTOCK INSTRUMENTS GMBH
Below is mentioned a key market development by a major player:
In August 2021, Biomedica Italia extended its partnership with Peter Lazic GmbH for the distribution and manufacturing of L-Aneurysm Clip and microsurgery instruments for neurosurgery. The contract was signed for the next 5 years.
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