Global Aneurysm Clips Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Material;
Titanium Aneurysm Clips, Polymer, and OthersBy Indication;
Stroke, Cerebral Artery Stenosis, Cerebral Aneurysm, and OthersBy End-use;
Hospitals, Ambulatory Surgical Centers, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Aneurysm Clips Market Overview
Aneurysm Clips Market (USD Million)
Aneurysm Clips Market was valued at USD 1,006.56 million in the year 2024. The size of this market is expected to increase to USD 1,280.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.5%.
Global Aneurysm Clips Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 3.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 3.5 % |
Market Size (2024) | USD 1,006.56 Million |
Market Size (2031) | USD 1,280.63 Million |
Market Concentration | High |
Report Pages | 336 |
Major Players
- B. Braun
- Boston Scientific
- Codman & Shurtleff
- Integra LifeSciences
- InoMed
- KLS Martin Group
- Medtronic Plc
- Mizuho America
- St. Jude Medical
- Stryker Corporation
- RauMedic
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Aneurysm Clips Market
Fragmented - Highly competitive market without dominant players
The Aneurysm Clips Market is experiencing significant growth, driven by rising incidences of cerebrovascular disorders and technological advancements in neurosurgical tools. The demand for effective treatment modalities has increased, with aneurysm clips becoming the preferred option in complex surgeries. An estimated over 60% of surgical aneurysm treatments now involve advanced clip systems, underlining the product's growing importance.
Rising Surgical Interventions
An increase in neurosurgical procedures, particularly for brain aneurysms, is accelerating market demand. Approximately 45% of patients with ruptured aneurysms undergo clipping procedures as a first-line intervention. This surge is also supported by a higher preference for minimally invasive surgeries, which offer better precision and reduced recovery times.
Technological Advancements
Continuous innovations such as MRI-compatible and titanium-based clips have enhanced surgical efficiency and safety. Around 38% of new aneurysm clip models now emphasize improved biocompatibility and visibility during imaging procedures. This shift reflects the market's adaptation to evolving clinical needs and modern hospital infrastructure.
Clinical Efficacy and Safety
The increased use of aneurysm clips is closely tied to their high occlusion rates and long-term stability. Clinical studies suggest that over 70% of treated aneurysms remain occluded without recurrence when treated with premium clip systems. This performance has made them a reliable option compared to alternative treatments like coiling.
Aneurysm Clips Market Recent Developments
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In 2023, Medtronic acquired Rapid Medical, a leader in neurovascular devices, to strengthen its aneurysm treatment offerings and broaden its international presence.
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In 2022, Stryker Corporation introduced a new range of advanced aneurysm clips, emphasizing enhanced biocompatibility and surgical efficiency to improve cerebrovascular procedures.
Aneurysm Clips Market Segment Analysis
In this report, the Aneurysm Clips Market has been segmented by Material, Indication, End-use, and Geography.
Aneurysm Clips Market, Segmentation by Material
The Aneurysm Clips Market has been segmented by Material into Titanium Aneurysm Clips, Polymer, and Others.
Titanium Aneurysm Clips
Titanium aneurysm clips dominate the global market, accounting for approximately 82% of the market share in 2022. Their biocompatibility, non-reactivity, and compatibility with imaging technologies such as MRI and CT scans make them the preferred choice for neurosurgical procedures. The lightweight and high tensile strength of titanium further enhance their suitability for delicate surgical applications.
Polymer Aneurysm Clips
Polymer aneurysm clips are emerging as a viable alternative, offering flexibility and reduced artifact interference during imaging. While they currently hold a smaller market share, their cost-effectiveness and potential for biodegradability position them as a promising option in specific clinical scenarios. Ongoing research and development are expected to expand their applications in the coming years.
Others
The 'Others' category encompasses aneurysm clips made from materials such as stainless steel and cobalt alloys. These materials offer durability and strength, catering to specific surgical requirements. Although their market share is limited compared to titanium and polymer clips, they remain relevant in certain clinical contexts where their unique properties are advantageous.
Aneurysm Clips Market, Segmentation by Indication
The Aneurysm Clips Market has been segmented by Indication into Stroke, Cerebral Artery Stenosis, Cerebral Aneurysm, and Others.
Stroke
Stroke is the leading indication in the aneurysm clips market, accounting for approximately 57.09% of the market share in 2022. This dominance is attributed to the increasing prevalence of hypertension, unhealthy lifestyles, and a growing geriatric population, all of which elevate the risk of stroke. Aneurysm clips play a crucial role in preventing stroke by securing weakened blood vessel walls, thereby reducing the likelihood of rupture and subsequent hemorrhagic events.
Cerebral Artery Stenosis
Cerebral artery stenosis, characterized by the narrowing of cerebral arteries, contributes significantly to the aneurysm clips market. The condition increases the risk of ischemic strokes due to reduced blood flow to the brain. Surgical intervention using aneurysm clips can restore adequate blood flow, mitigating the risk of stroke and improving patient outcomes.
Cerebral Aneurysm
Cerebral aneurysms involve the dilation of blood vessels in the brain, posing a risk of rupture and subsequent subarachnoid hemorrhage. Aneurysm clips are employed to isolate the aneurysm from normal blood circulation, effectively preventing rupture. The demand for aneurysm clips in treating cerebral aneurysms is driven by advancements in diagnostic imaging and increased awareness of the condition.
Others
The 'Others' category encompasses various conditions such as arteriovenous malformations and traumatic vascular injuries that may necessitate the use of aneurysm clips. Although representing a smaller segment of the market, the application of aneurysm clips in these cases is crucial for preventing hemorrhage and ensuring vascular stability.
Aneurysm Clips Market, Segmentation by End-use
The Aneurysm Clips Market has been segmented by End-use into Hospitals, Ambulatory Surgical Centers, and Others.
Hospitals
Hospitals represent the largest segment in the aneurysm clips market, contributing to approximately 66% of the total market share as of 2023. This dominance stems from the high number of complex neurosurgeries conducted in these facilities, supported by cutting-edge surgical equipment and highly trained neurosurgeons. The availability of critical care units and comprehensive post-operative support further reinforces the use of aneurysm clips in hospital settings.
Ambulatory Surgical Centers (ASCs)
Ambulatory Surgical Centers account for an estimated 23% of the aneurysm clips market. Their growth is driven by the rising popularity of outpatient procedures and the demand for cost-effective, minimally invasive surgical solutions. ASCs offer reduced hospital stay durations, faster recovery times, and streamlined services, making them a viable alternative to traditional hospital surgeries for selected neurosurgical cases.
Others
The "Others" category—which includes specialty clinics, neurological institutes, and certain private care facilities—comprises around 11% of the market. These centers are gaining relevance in underserved areas and emerging economies, where access to large hospitals may be limited. With continued investment in healthcare infrastructure and expanding neurosurgical capabilities, this segment is expected to experience steady growth in the coming years.
Aneurysm Clips Market, Segmentation by Geography
In this report, the Aneurysm Clips Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Aneurysm Clips Market Share (%), by Geographical Region
North America
North America remains the dominant region in the aneurysm clips market, accounting for roughly 36% of the market share in 2023. This leadership is driven by a high incidence of cerebral aneurysms, advanced neurosurgical infrastructure, and robust healthcare expenditure. The U.S. leads the region with strong adoption of cutting-edge surgical technologies and a well-established network of key industry players.
Europe
Europe holds a substantial share of the market, contributing around 28% in 2023. Growth in this region is supported by a rising elderly population, widespread awareness of neurovascular conditions, and access to state-of-the-art healthcare systems. Germany, the United Kingdom, and France are major contributors, thanks to their investments in specialized neurology and surgical facilities.
Asia Pacific
Asia Pacific is the fastest-growing regional segment, capturing approximately 22% of the global market in 2023. The region’s growth is fueled by expanding healthcare infrastructure, increasing patient volumes, and greater demand for neurosurgical procedures. Countries like China, India, and Japan are emerging as significant markets due to rising medical tourism and government-led health initiatives.
Middle East & Africa
The Middle East & Africa region accounts for an estimated 8% of the aneurysm clips market. Although still developing, the region is witnessing steady growth driven by healthcare modernization, improved access to surgical care, and increasing awareness of cerebral vascular disorders. Investment in neurology centers and collaborations with international medical device companies are enhancing market visibility.
Latin America
Latin America holds about 6% of the market share, with Brazil and Mexico standing out as regional leaders. This growth is attributed to improving public and private healthcare systems, rising adoption of minimally invasive neurosurgical procedures, and growing availability of skilled neurosurgeons. Ongoing efforts to enhance clinical infrastructure and training are further supporting market expansion.
Aneurysm Clips Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Aneurysm Clips Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunities Analysis
Drivers:
- Technological Advancements
- Increasing Prevalence of Aneurysms
- Growing Awareness and Diagnosis
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Advancements in Surgical Techniques - Rapid advancements in surgical techniques are significantly driving the growth of the aneurysm clips market, particularly in the field of neurosurgery. Innovations such as microsurgical clipping, image-guided surgery, and robotic-assisted interventions have improved the precision, safety, and success rates of aneurysm treatment. These techniques enable surgeons to access delicate brain structures with greater control, allowing for accurate placement of clips and reducing the risk of intraoperative complications. As outcomes improve and recovery times shorten, the preference for surgical clipping over alternative treatments continues to gain traction in clinical practice.
Enhanced training, simulation technologies, and real-time intraoperative imaging have also contributed to the effective adoption of advanced surgical methods. Surgeons can now perform complex aneurysm procedures with improved confidence and lower morbidity, leading to broader acceptance of clipping techniques. As hospitals and neurosurgical centers invest in modern operating environments, the demand for high-quality, biocompatible aneurysm clips is expected to rise in parallel with the expansion of surgical capabilities.
Restraints:
- Elevated Treatment Cost Barriers
- Potential Risks and Complications
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Availability of Alternative Treatments - The increasing availability of alternative treatments is a major restraint affecting the aneurysm clips market. Endovascular coiling, flow diversion devices, and other minimally invasive techniques have gained strong clinical preference due to their reduced procedural risks, shorter hospital stays, and quicker recovery times. These options are particularly favored for high-risk patients or those with aneurysms in locations that are difficult to access surgically. As these non-surgical treatments continue to evolve with technological advancements, they are increasingly viewed as first-line solutions in many medical centers, thereby limiting the demand for traditional aneurysm clips.
Moreover, the lower invasiveness of endovascular approaches makes them more appealing to both patients and physicians, especially when outcomes are comparable to or better than those of surgical clipping. The broader availability of skilled interventional neuroradiologists and expanding reimbursement for catheter-based procedures further supports the shift toward these alternatives. As a result, the aneurysm clips market faces growing competitive pressure from endovascular technologies, which could slow adoption unless surgical techniques offer distinct clinical advantages in specific cases.
Opportunities:
- Growth in Emerging Markets
- Continuous Product Innovation Efforts
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Strategic Collaborative Partnerships - The formation of strategic collaborative partnerships presents a valuable opportunity for growth in the aneurysm clips market. Medical device manufacturers, research institutions, and healthcare providers are increasingly working together to drive innovation, improve clinical outcomes, and expand access to advanced aneurysm treatment solutions. These partnerships facilitate the co-development of next-generation aneurysm clips that offer enhanced durability, biocompatibility, and precision, aligning with the evolving needs of modern neurosurgical procedures.
Collaborations between companies and academic institutions also accelerate clinical research and validation, enabling faster regulatory approvals and greater physician confidence in new devices. Joint clinical trials, shared data analysis, and multidisciplinary input contribute to better design optimization and evidence-based adoption. These alliances not only shorten time-to-market for innovative products but also enhance product credibility among neurosurgeons and hospital procurement teams.
In addition, partnerships with hospital systems and neurosurgical training centers help facilitate the integration of advanced surgical tools into clinical practice. Through joint training programs, product demonstrations, and on-site support, companies can strengthen relationships with end-users and promote adoption of their aneurysm clipping systems. This hands-on engagement improves the user experience and positions manufacturers as long-term collaborators rather than just suppliers.
As healthcare systems prioritize precision, safety, and patient-specific treatment, strategic partnerships enable companies to align their product development and commercialization strategies with clinical and institutional needs. Firms that actively engage in collaborative ecosystems are better positioned to deliver cutting-edge solutions, enhance brand loyalty, and expand their global market presence in the increasingly competitive field of aneurysm treatment.
Aneurysm Clips Market Competitive Landscape Analysis
Key players in Aneurysm Clips Market include:
- B. Braun
- Boston Scientific
- Codman & Shurtleff
- Integra LifeSciences
- InoMed
- KLS Martin Group
- Medtronic Plc
- Mizuho America
- St. Jude Medical
- Stryker Corporation
- RauMedic
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material
- Market Snapshot, By Indication
- Market Snapshot, By End-use
- Market Snapshot, By Region
- Aneurysm Clips Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Increasing Prevalence of Aneurysms
- Growing Awareness and Diagnosis
- Advancements in Surgical Techniques
- Restraints
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Elevated Treatment Cost Barriers
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Potential Risks and Complications
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Availability of Alternative Treatments
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- Opportunities
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Growth in Emerging Markets
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Continuous Product Innovation Efforts
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Strategic Collaborative Partnerships
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Aneurysm Clips Market, By Material, 2021 - 2031 (USD Million)
- Titanium Aneurysm Clips
- Polymer
- Others
- Aneurysm Clips Market, By Indication, 2021 - 2031 (USD Million)
- Stroke
- Cerebral Artery Stenosis
- Cerebral Aneurysm
- Others
- Aneurysm Clips Market, By End-use, 2021 - 2031 (USD Million)
- Hospitals
- Ambulatory Surgical Centers
- Others
- Aneurysm Clips Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Aneurysm Clips Market, By Material, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- B. Braun
- Boston Scientific
- Codman & Shurtleff
- Integra LifeSciences
- InoMed
- KLS Martin Group
- Medtronic Plc
- Mizuho America
- St. Jude Medical
- Stryker Corporation
- RauMedic
- Company Profiles
- Analyst Views
- Future Outlook of the Market