Cerebral Vasospasm Market has been growing at the CAGR of 7.30% by 2032

Pune, India, June 2023 /MRFR Press Release/- Market Research Future had published a half-cooked research report on global cerebral vasospasm market.

Cerebral Vasospasm Market Highlights

Cerebral vasospasm  is narrowing of blood vesicles which results in  hemorrhage as well as stroke and vice versa.  Adoption of sedentary lifestyle which results in an increase in the number of obese people plus  increasing prevalence of many cardiovascular diseases are major driving factors for  the growth of global cerebral vasospasm market. 

The Cerebral Vasospasm Market is expected to reach USD 3.95 Billion by 2032 at 7.30% CAGR during the forecast period 2023-2032

As per regional basis, due to development in robust research & growing advancements in the field of neurology all these has taken the North America cerebral vasospasm market to the top position. Europe has the second largest market of  cerebral vasospasm due to supporting factors which includes  presence of key manufacturing companies along with government’s  support here which has  served as a fuel for the growth of this market. Asia Pacific is the fastest growing cerebral vasospasm market. Due to continuous development in healthcare sector, increases in demand of better treatment and huge population in Asia Pacific region; all these together have contributed to the fast growth of this market here.  

Segmentation

Global cerebral vasospasm market is segmented on the basis of type of treatment which includes  triple-H therapy, nimodipine and other.  The market is again segmented into route of administration  which includes  oral, intravenous and intra-arterial.  The market is further segmented into  end user which includes  hospitals, clinics and others.

Competitive Analysis

Some of the key players in the  global cerebral vasospasm 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), and Penumbra, Inc (US).  

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Cerebral Vasospasm Market Research Report

Due to increasing prevalence of cerebral vasospasm, globally many of major companies are in the race of inventing better treatment for the same.  These major companies are using the trend of strategic alliance and acquisition to gain the market and minimize the competition in the same.HeadSense Medical Ltd an Israel company is developing a noninvasive intra-cranial pressure (ICP) monitor to help treat patients with severe traumatic brain injury (TBI), stroke and brain tumors. ICP will contain disposable unit like headset that allows  ICP monitoring to be done continuously anywhere and  takes less than 10 seconds to monitor.  Minnetronix, Inc has introduced Neurapheresis™ a Cerebrospinal Fluid (CSF) treatment platform. 

The removal of degrading red blood cells and their released inflammatory byproducts may be done more efficiently by Neurapheresis™ than by standard gravity dependent drains.Penumbra, Inc. which is a medical device manufacturing companies has launched the New MAX™ system reperfusion catheters for the treatment of acute ischemic stroke.Boehringer Ingelheim GmbH, a German headquartered company has introduce Pradaxa® (dabigatran etexilate) an anticoagulant drug used in different types of treatment including cerebral vasospasm.