Market Overview:
The global abdominal aortic aneurysm treatment market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of abdominal aortic aneurysms, technological advancements in surgical equipment, and rising awareness about early diagnosis and treatment options for abdominal aortic aneurysms. The global abdominal aortic aneurysm treatment market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into drug therapy and surgical equipment. The drug therapy segment is further sub-segmented into endovascular stent grafts and open surgery. The surgical equipment segment is further sub-segmented into laparoscopic surgery devices and minimally invasive surgery devices. On the basis of application, the market is divided into small (less than 5.5 centimeters) and large (greater than 5.5 centimeters) segments. Geographically, the global abdominal aortic aneurysm treatment market has been segregated into North America, Latin America Europe Asia Pacific Middle East & Africa).
Product Definition:
The treatment of abdominal aortic aneurysms is important because an untreated aneurysm can rupture and lead to death. Treatment options include surgery or observation.
Drug:
Drug is used for the treatment of abdominal aortic aneurysm. It's main function is to reduce the risk of fatal outcome due to bleeding from aneurysm by controlling blood loss. The drug works by decreasing the amount of blood flow in brain, which reduces pain and other symptoms.
Surgical Equipment:
Surgical equipment is used in abdominal aortic aneurysm treatment for various purposes such as incision, dissection, and coiling. The most commonly used surgical instruments are scalpel, forceps/grips, staplers/sealants and scissors.
Application Insights:
The application segment is segregated into small, large and very large abdominal aortic aneurysm. In 2017, the small segment dominated the market with more than 60% of revenue share. This can be attributed to growing awareness about early diagnosis and treatment of SAOA among individuals preferring minimally invasive surgeries over conventional methods.
In addition, key players in the market are working toward development of novel products for treating abdominal aortic aneurysm such as bioresorbable vascular grafts that are sutured into place after being implanted in pigs for 3D-printed model tests that can help optimize designs for human surgical implants. Such initiatives by key players in the industry will further boost growth during forecast years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the high prevalence of AAA and its association with hypertension, which is one of the major risk factors for developing an AAA. In addition, technological advancements such as minimally invasive procedures and development of novel devices are also expected to drive growth over the forecast period. Europe followed North America in terms of share owing to a large number of patients suffering from abdominal aortic aneurysm (AAA). The presence of well-developed healthcare facilities and favorable reimbursement policies are some other factors contributing toward regional growth.
Growth Factors:
- Increasing incidence of abdominal aortic aneurysm (AAA)
- Growing awareness about AAA and its treatment options
- Technological advancements in abdominal aortic aneurysm treatment procedures
- Rising demand for minimally invasive AAA treatment procedures
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Abdominal Aortic Aneurysm Treatment Market Research Report
By Type
Drug, Surgical Equipment
By Application
Small (less than 5.5 centimeters), Large (greater than 5.5 centimeters)
By Companies
Abbott, AbbVie, Amgen, Pfizer, Aortica, Medtronic, Gore, CVT, Cardinal Health, Jotec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Abdominal Aortic Aneurysm Treatment Market Report Segments:
The global Abdominal Aortic Aneurysm Treatment market is segmented on the basis of:
Types
Drug, Surgical Equipment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small (less than 5.5 centimeters), Large (greater than 5.5 centimeters)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- AbbVie
- Amgen
- Pfizer
- Aortica
- Medtronic
- Gore
- CVT
- Cardinal Health
- Jotec
Highlights of The Abdominal Aortic Aneurysm Treatment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Drug
- Surgical Equipment
- By Application:
- Small (less than 5.5 centimeters)
- Large (greater than 5.5 centimeters)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Abdominal Aortic Aneurysm Treatment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Abdominal aortic aneurysm (AAA) is a dangerous condition in which the wall of the abdominal aorta, one of the large arteries that carries blood from your heart to your rest of your body, weakens and can rupture. If this happens, blood can flow out into the abdomen (belly), causing severe pain and potentially death.nnIf you have an AAA, you may need surgery to repair it. Surgery may also be necessary if there is significant damage to other organs in your abdomen due to the rupture of the AAA.
Some of the key players operating in the abdominal aortic aneurysm treatment market are Abbott, AbbVie, Amgen, Pfizer, Aortica, Medtronic, Gore, CVT, Cardinal Health, Jotec.
The abdominal aortic aneurysm treatment market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Abdominal Aortic Aneurysm Treatment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Abdominal Aortic Aneurysm Treatment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Abdominal Aortic Aneurysm Treatment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Abdominal Aortic Aneurysm Treatment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Abdominal Aortic Aneurysm Treatment Market Size & Forecast, 2018-2028
4.5.1 Abdominal Aortic Aneurysm Treatment Market Size and Y-o-Y Growth
4.5.2 Abdominal Aortic Aneurysm Treatment Market Absolute $ Opportunity
Chapter 5 Global Abdominal Aortic Aneurysm Treatment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Abdominal Aortic Aneurysm Treatment Market Size Forecast by Type
5.2.1 Drug
5.2.2 Surgical Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Abdominal Aortic Aneurysm Treatment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Abdominal Aortic Aneurysm Treatment Market Size Forecast by Applications
6.2.1 Small (less than 5.5 centimeters)
6.2.2 Large (greater than 5.5 centimeters)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Abdominal Aortic Aneurysm Treatment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Abdominal Aortic Aneurysm Treatment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Abdominal Aortic Aneurysm Treatment Analysis and Forecast
9.1 Introduction
9.2 North America Abdominal Aortic Aneurysm Treatment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Abdominal Aortic Aneurysm Treatment Market Size Forecast by Type
9.6.1 Drug
9.6.2 Surgical Equipment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Abdominal Aortic Aneurysm Treatment Market Size Forecast by Applications
9.10.1 Small (less than 5.5 centimeters)
9.10.2 Large (greater than 5.5 centimeters)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Abdominal Aortic Aneurysm Treatment Analysis and Forecast
10.1 Introduction
10.2 Europe Abdominal Aortic Aneurysm Treatment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Abdominal Aortic Aneurysm Treatment Market Size Forecast by Type
10.6.1 Drug
10.6.2 Surgical Equipment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Abdominal Aortic Aneurysm Treatment Market Size Forecast by Applications
10.10.1 Small (less than 5.5 centimeters)
10.10.2 Large (greater than 5.5 centimeters)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Abdominal Aortic Aneurysm Treatment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Abdominal Aortic Aneurysm Treatment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Abdominal Aortic Aneurysm Treatment Market Size Forecast by Type
11.6.1 Drug
11.6.2 Surgical Equipment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Abdominal Aortic Aneurysm Treatment Market Size Forecast by Applications
11.10.1 Small (less than 5.5 centimeters)
11.10.2 Large (greater than 5.5 centimeters)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Abdominal Aortic Aneurysm Treatment Analysis and Forecast
12.1 Introduction
12.2 Latin America Abdominal Aortic Aneurysm Treatment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Abdominal Aortic Aneurysm Treatment Market Size Forecast by Type
12.6.1 Drug
12.6.2 Surgical Equipment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Abdominal Aortic Aneurysm Treatment Market Size Forecast by Applications
12.10.1 Small (less than 5.5 centimeters)
12.10.2 Large (greater than 5.5 centimeters)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Abdominal Aortic Aneurysm Treatment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Abdominal Aortic Aneurysm Treatment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Abdominal Aortic Aneurysm Treatment Market Size Forecast by Type
13.6.1 Drug
13.6.2 Surgical Equipment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Abdominal Aortic Aneurysm Treatment Market Size Forecast by Applications
13.10.1 Small (less than 5.5 centimeters)
13.10.2 Large (greater than 5.5 centimeters)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Abdominal Aortic Aneurysm Treatment Market: Competitive Dashboard
14.2 Global Abdominal Aortic Aneurysm Treatment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 AbbVie
14.3.3 Amgen
14.3.4 Pfizer
14.3.5 Aortica
14.3.6 Medtronic
14.3.7 Gore
14.3.8 CVT
14.3.9 Cardinal Health
14.3.10 Jotec
