Intracerebral Hemorrhage Surgical Devices Market Share

North America Market Statistics

Regionally, the global intracerebral hemorrhage surgical devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is poised to dominate majority revenue share by 2036, on the back of rising healthcare expenditure and investment in R&D activities, along with the presence of major market players in the region. Moreover, adoption of advanced health technology in the countries, such as, U.S. and Canada are estimated to further boost the market growth.

APAC Market Statistics

The intracerebral hemorrhage surgical devices market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period owing to increasing geriatric population, advancing healthcare system, and rising individual disposable income is developing economies. According to the data by the World Bank, the population above 65 years of age in India crossed 90,719,952 in 2020, while, it crossed 167,808,567 in China. This is estimated to boost the market growth.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of intracerebral hemorrhage surgical devices is estimated at USD 1.8 billion.

Intracerebral Hemorrhage Surgical Devices Market size was over USD 1.71 billion in 2023 and is anticipated to reach USD 3.97 billion by 2036, witnessing around 6.7% CAGR during the forecast period i.e., between 2024-2036. Rising prevalence of spontaneous intracerebral hemorrhage and growing R&D investment for medical research will impel the market growth.

North America is poised to dominate majority revenue share by 2036, on the back of rising healthcare expenditure and investment in R&D activities, along with the presence of major market players in the region.

The major players in the market are Stryker Corporation, Abbott Laboratories, General Electric Company, Johnson & Johnson Services, Inc., Terumo Corporation, Becton, Dickinson and Company, and others.

Intracerebral Hemorrhage Surgical Devices Market Share