Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Aneurysm Clips Market size was over USD 1.7 billion in 2024 and is estimated to reach USD 3.6 billion by the end of 2037, expanding at a CAGR of 6.6% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of aneurysm clips is assessed at USD 1.8 billion.
The global aneurysm clips market is expanding rapidly, driven by the increased burden of aneurysms such as cerebral, thoracic, abdominal, and peripheral, and advancements in neurosurgical techniques. The growing adoption of minimally invasive procedures and technological innovations in clip materials and designs are enhancing surgical precision with increased patient outcomes in regions with a high prevalence of aneurysms. Additionally, the rising number of specialized neurosurgical centers and awareness about early diagnosis and treatment options are significantly impacting the aneurysm clips industry.
Moreover, organizational development is leading to product innovations due to the necessity of clips among the large patient pool. In February 2024, according to a clinical study by NLM, 1,127 cerebral aneurysm cases showed that 76% were located in the internal carotid, middle cerebral, and anterior communicating artery regions. It further stated that 11.5% of cases were from under 20 years old, and childhood subarachnoid hemorrhage had an incidence rate of 1.4 to 3 per 10,000. Additionally, the study found that 5% of diagnosed cerebral aneurysm cases ranged between 0 to 19 age group. Thus, the growing prevalence of aneurysms in diverse age groups underscores the demand for aneurysm clips, further boosting the market expansion.
Aneurysm Clips Sector: Growth Drivers and Challenges
Growth Drivers
- Rising incidence of cerebral aneurysms and stroke cases: The global occurrence of cerebral aneurysms and strokes are significant drivers for the aneurysm clips market. The rising burden of lifestyle diseases such as hypertension and smoke-related vascular conditions also contribute to aneurysm formation. As per a report by NLM in May 2023, hemorrhagic stroke contributes to 10% to 20% of strokes annually. It further stated that the incidence is 12% to 15% of cases per 1,00,000 per year, particularly in developing countries. Therefore, as healthcare companies expand globally, reliance on aneurysm clips for treatment also necessitates further driving the market growth.
- Advancements in neurosurgical techniques: Ongoing advancements in neurosurgical procedures and aneurysm clip technology are fueling market expansion. This led to the development of biocompatible and MRI-compatible clips, which have enhanced the success rates of aneurysm clips. In September 2021, Medtronic Plc announced that it received CE mark approval for Rist079, designed for neurovascular access through the radial artery. The growing adoption of minimally invasive procedures is expected to drive demand for aneurysm clips by improving treatment accessibility and procedural outcomes.
Challenges
- Rising operational costs: The increasing costs of high-quality materials such as titanium and stringent manufacturing processes to ensure safety and effectiveness pose significant challenges. These expenses are further exacerbated by specialized processes by skilled professionals, making it difficult for companies in developing countries to remain competitive. Additionally, reimbursement policies may not fully cover neurological procedures, creating a challenge in the market and limiting the industry's expansion.
- Shift toward endovascular treatment: The increasing preference for minimally invasive endovascular techniques, such as coil embolization and flow diverters, pose major challenges for the aneurysm clips market. The shift is due to the shorter recovery time and reduced risk, making it feasible for both patients and healthcare providers. Furthermore, the growing advancements in catheter-based intervention usage of aneurysm clips are declining, potentially limiting market growth.
Aneurysm Clips Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
6.6% |
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Base Year Market Size (2024) |
USD 1.7 billion |
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Forecast Year Market Size (2037) |
USD 3.6 billion |
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Regional Scope |
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Aneurysm Clips Segmentation
Material (Titanium, Polymer, Cobalt)
Based on material, the titanium segment is anticipated to account for more than 86.2% aneurysm clips market share by the end of 2037. The growing demand for aneurysm clips in addition to the increasing prevalence of chronic diseases and rising surgical procedures drive the need for efficient and timely solutions. In September 2024, according to a study published in World Neurosurgery, in MRI, the titanium alloy Yasagril clip demonstrated high measurement discrepancies compared to ceramic clips, particularly in high-resolution T1-weighted images. This efficiency of titanium in clips is in turn boosting market growth further.
Type (Cerebral, Thoracic, Abdominal, Peripheral)
Based on type, the cerebral segment is projected to expand in the aneurysm clips market at a lucrative rate during the forecast period. Cerebral disorders are highly prevalent and comprise the vast majority of complications. The increasing burden of these disorders has boosted the demand for aneurysm clips in the market. In July 2024, according to a study published by the America Brain Foundation, 3.4 billion people worldwide, that is, 43.1% of the global population, were affected by neurological conditions, leading to 11.1 million deaths with a rise in brain-related disorders. This has promoted the demand for innovative devices, in turn boosting the transport demand in the aneurysm clips market.
Our in-depth analysis of the global market includes the following segments:
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Material |
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Type |
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Disease Indication |
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End Users |
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Customize this ReportAneurysm Clips Industry - Regional Synopsis
North American Market Analysis
North America aneurysm clips market is set to account for revenue share of more than 30.7% by the end of 2037. The region benefits from a well-established healthcare industry and a robust adoption of neurovascular devices. Furthermore, according to the International Trade Administration, in January 2024, the U.S. witnessed an estimated 25% rise in medical device exports in the last three years and an estimated import value of USD 600 million in the year 2022. Increasing collaborations between medical device manufacturers and strong awareness of stroke management techniques are further propelling market development in the region.
The aneurysm clips market in the U.S. is driven by advancements in technology and the growing requirement for neurovascular treatments. Additionally, the country’s strong network of neurosurgeons and research institutions drives clinical progressions in the market. For instance, in December 2024, the KLS Martin Group announced the completion and opening of its state-of-the-art facility of 5,100 m². This includes the planning and production of custom-made implants used in clipping procedures to treat brain aneurysms. Therefore, the market is anticipated to showcase profitable growth opportunities with such strategic planning.
Canada's aneurysm clips market is witnessing growth due to its emphasis on improving healthcare access across its vast geography. The demand for aneurysm clips has surged due to advancements in techniques and increased investments in healthcare. For instance, in May 2024, the Government of Canada announced a USD 80 million investment to support brain research through Brain Canada programs. The initiative aims to address the growing prevalence of neurological disorders, with 1 in 3 people in the country experiencing brain-associated disorders in their lifetime. Thus, such programs enhance aneurysm clips and other medical devices to expand in the forecast period.
Asia Pacific Market Statistics
The Asia Pacific aneurysm clips market is projected to witness the fastest growth during the forecast timeline. Emerging economies in the region are focusing on healthcare investments by increasing access to advanced medical treatments. Additionally, improvements in the neurosurgical infrastructure and the adoption of modern aneurysm treatment further fuel the demand. The region's geriatric population and sedentary lifestyles contribute to the higher incidence of aneurysms, prompting public and private entities to enhance healthcare services.
India's aneurysm clips market is expanding majorly due to the improving neurosurgical facilities and increased medical tourism. The government’s push towards affordable healthcare and expansion of specialized healthcare centers are major factors supporting market upliftment. For instance, in the June 2024 PIB Government report, the neurosurgery department at Tata Memorial Centre acquired state-of-the-art and advanced intraoperative imaging equipment to perform complex brain tumor surgeries, thereby accurately removing intrinsic brain tumors. Such factors are expected to significantly boost market innovation and expansion for a greater outcome.
China's aneurysm clips market is witnessing significant growth owing to its advanced manufacturing capabilities, large patient pool, and extensive healthcare infrastructure. In December 2021, as published by NHC, the medical device sector is supported by government initiatives to enhance digital health platforms and medical robotics. It further highlighted that the medical equipment sector in China witnessed robust growth from the past five years, with market scale reaching USD 131.8 billion in 2020. Thus, the country’s focus on integrating advanced technologies and expanding medical equipment for elderly care further supports market expansion.
Companies Dominating the Aneurysm Clips Landscape
- Aesculap, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent developments
- Regional Presence
- SWOT Analysis
- Datenschutz/Rebstock Instruments GmbH
- Mizuho Medical Co., Ltd.
- Adeor Medical AG
- Evonos GmbH & Co. KG
- Integra LifeSciences
- Peters Surgical
- Johnson & Johnson MedTech
- Advanced Medical Solutions Group PLC
Companies in the aneurysm clips market are focusing on regional expansion by establishing surgical hubs in emerging markets to improve advancements in neurosurgical technologies. For instance, in September 2022, Olympus inaugurated its new repair services facility in Portugal, marking its highest volume repair center in Europe. With an investment of USD 34.5 million, the facility aims to enhance service quality and reduce lead times. These expansion strategies are boosting companies’ growth and maintaining competition in the market significantly.
Below is the list of some prominent players in the industry:
In the News
- In March 2024, Eurazeo and Peters Surgical signed an agreement to sell Peters Surgical to Advanced Medical Solutions Group PLC to enhance their global footprint in surgical solutions. The deal is valued at USD 71.6 million, benefiting from strong product and market synergies.
- In May 2023, CERENOVUS, Inc., part of Johnson & Johnson MedTech, announced that CEREPAK coils are commercially available in the U.S. and that the first patient cases have been performed and designed to embolize brain aneurysms.
Author Credits: Radhika Pawar
- Report ID: 7458
- Published Date: Apr 04, 2025
- Report Format: PDF, PPT
