Adult Intraventricular Hemorrhage Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

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The Adult Intraventricular Hemorrhage Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Adult Intraventricular Hemorrhage Global Market Report 2024, The adult intraventricular hemorrhage market size is expected to see strong growth in the next few years. It will grow to $2.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to innovations in minimally invasive surgical techniques, enhanced healthcare infrastructure, increased focus on stroke prevention and management, development of new pharmacological treatments, and growing awareness and education programs. Major trends in the forecast period include the rise of telemedicine and remote monitoring, the development of targeted therapies, the expansion of comprehensive stroke centers, enhanced rehabilitation services, and a trend toward personalized medicine.

The increasing incidence of strokes is expected to propel the growth of the adult intraventricular hemorrhage market going forward. A stroke is a medical emergency that occurs when blood flow to the brain is interrupted or reduced, leading to brain cell damage. The increasing incidence of strokes is primarily due to factors such as an aging population, rising rates of hypertension, diabetes, and obesity, and lifestyle-related risk factors such as smoking and physical inactivity. Strokes can cause adult intraventricular hemorrhage (IVH) by leading to bleeding within the brain’s ventricular system, often due to ruptured blood vessels. For instance, in June 2024, according to the Australian Bureau of Statistics, an Australia-based government agency, there were 9,100 doctor-certified deaths due to cerebrovascular diseases, including stroke, in 2020. This number rose to 9,300 in both 2021 and 2022. This increase marks a reversal of a historical decline, with the number of deaths in 2022 being 2.2% higher than in 2020. Therefore, the increasing incidence of strokes is driving the growth of the adult intraventricular hemorrhage market.

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The adult intraventricular haemorrhage market covered in this report is segmented –

1) By Product Type: Surgical Devices, Drugs, Monitoring Devices
2) By Distribution Channel: Direct Sales, Distributors, Online Platforms, Other Distribution Channels
3) By Application: Intraventricular Hemorrhage, Intracerebral Hemorrhage, Subarachnoid Hemorrhage, Other Applications
4) By End-User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Diagnostic Centers, Other End-Users

Major companies operating in the adult intraventricular hemorrhage market are focused on developing innovative products, such as neuroaccess devices, for neurovascular management of ischemic and hemorrhagic strokes. Neuroaccess devices are medical tools used to gain entry to the brain or spinal cord for diagnostic or therapeutic procedures. For instance, in June 2024, Penumbra Inc., a US-based medical device company, announced the CE Mark approval and European launch of its BMX81 and BMX96 neuroaccess devices for managing ischemic and hemorrhagic stroke. These devices are designed for the neurovascular management of ischemic and hemorrhagic strokes and are Penumbra’s most advanced neuroaccess offerings. Unlike traditional access catheters, the BMX81 and BMX96 are made using laser-cut stainless steel hypo tube technology, offering stability and trackability to allow physicians to easily navigate the brain’s complex anatomy.

The adult intraventricular hemorrhage market report table of contents includes:

1. Executive Summary
2. Adult Intraventricular Hemorrhage Market Characteristics
3. Adult Intraventricular Hemorrhage Market Trends And Strategies
4. Adult Intraventricular Hemorrhage Market – Macro Economic Scenario
5. Global Adult Intraventricular Hemorrhage Market Size and Growth
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32. Global Adult Intraventricular Hemorrhage Market Competitive Benchmarking
33. Global Adult Intraventricular Hemorrhage Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Adult Intraventricular Hemorrhage Market
35. Adult Intraventricular Hemorrhage Market Future Outlook and Potential Analysis
36. Appendix