Market Overview:
The global aortic aneurysm repair devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of aortic aneurysms, technological advancements in aortic aneurysm repair devices, and rising demand for minimally invasive procedures. Based on type, the global aortic aneurysm repair devices market is segmented into stent graft system, catheters, and others. The stent graft system segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030 due to its high adoption rate across hospitals and clinics worldwide owing to its superior performance over other types of devices available in the market. Based on application, the global aortic aneurysm repair devices market is divided into hospital and clinic applications.
Product Definition:
Aortic aneurysm repair devices are medical devices that are used to repair aortic aneurysms. Aortic aneurysms are bulges in the wall of the aorta, the large artery that carries blood from the heart to other parts of the body. Aortic aneurysm repair devices can be used to patch or clip the bulge in the aorta wall.
Stent Graft System:
A stent graft system is a medical device used to repair damaged blood vessels. It consists of a wire or metal tube which is inserted into the damaged area and then covered with an implantable device called a scaffold, which helps in promoting growth of new tissue. The whole process takes place inside the body and hence it's known as endovascular therapy or endografting.
Catheters:
Aortic aneurysm repair devices include catheters as one of the essential components. The market for catheters is growing at a significant rate owing to increasing prevalence of cardiovascular diseases and rising geriatric population base around the globe.
Application Insights:
Based on application, the global market is segmented into hospital-based and clinic-based. The hospital-based segment dominated the overall market in terms of revenue in 2017 owing to a high prevalence of aneurysm patients suffering from various co-morbidities such as heart diseases, cancer and kidney disease. Moreover, increasing cases of fatal outcomes due to aortic arch failure are further anticipated to boost product demand in near future.
The Clinic-based segment is expected to witness lucrative growth over the forecast period owing to rising awareness about minimally invasive procedures among general practitioners (GPs). In addition, technological advancements that have led towards development of less traumatic stent grafting techniques are further anticipated fuel demand over next seven years. For instance, introduction of ultrasound guided catheters has helped reduce complications during surgery by 50%. Such advancements will help reduce healthcare costs which will eventually drive adoption across clinics globally.
Regional Analysis:
North America dominated the global market in 2017 owing to high incidence of AAA and growing geriatric population. According to the American Heart Association, approximately 1 million people suffer from aortic aneurysm annually in U.S., with majority of them being aged 65 years and above. The prevalence rate is highest among African Americans (2.4%) than any other race/ethnicity group in the country’s history as stated by National Center for Health Statistics (NCHS).
Asia Pacific region is anticipated to witness lucrative growth over the forecast period due to improving economic status, rising disposable income levels along with rapid urbanization & industrialization that has leded into increased construction activities.
Growth Factors:
- Increasing incidence of aortic aneurysms: The global incidence of aortic aneurysms is estimated to be around 2-3% in the general population. With the increasing aging population, this number is expected to rise significantly in the coming years, thereby driving demand for aortic aneurysm repair devices.
- Advances in technology: The development of new and innovative technologies has led to the introduction of novel devices and therapies for aortic aneurysm repair. This is likely to spur growth in the market over the next few years.
- Growing awareness about aortic aneurysms: There is growing awareness among people about aortic aneurysms and their symptoms, which is helping to drive demand for these devices/treatments.
- Rising healthcare expenditure: Healthcare expenditure worldwide continues to grow at a rapid pace, providing impetus for growth in the market for medical devices such as those used for repairing aortic aneurysms . 5) Emerging markets offer significant potential: The emerging markets represent significant potential growth opportunities owing to their large population base and rising healthcare spending levels
Scope Of The Report
Report Attributes
Report Details
Report Title
Aortic Aneurysm Repair Devices Market Research Report
By Type
Stent Graft System, Catheters, Others
By Application
Hospital, Clinic
By Companies
Cook Medical, Endologix, W. L. Gore & Associates, AbbVie, Medtronic, Cardinal Health, Merck, C. R. Bard, Lombard Medical, Terumo, Cook Medical
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Aortic Aneurysm Repair Devices Market Report Segments:
The global Aortic Aneurysm Repair Devices market is segmented on the basis of:
Types
Stent Graft System, Catheters, Others
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
Hospital, Clinic
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:
- Cook Medical
- Endologix
- W. L. Gore & Associates
- AbbVie
- Medtronic
- Cardinal Health
- Merck
- C. R. Bard
- Lombard Medical
- Terumo
- Cook Medical
Highlights of The Aortic Aneurysm Repair Devices 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:
- Stent Graft System
- Catheters
- Others
- By Application:
- Hospital
- Clinic
- 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 Aortic Aneurysm Repair Devices 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.
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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?
Aortic aneurysm repair devices are medical devices that are used to repair a ruptured aortic aneurysm. These devices can help to restore blood flow and prevent further damage to the heart.
Some of the major players in the aortic aneurysm repair devices market are Cook Medical, Endologix, W. L. Gore & Associates, AbbVie, Medtronic, Cardinal Health, Merck, C. R. Bard, Lombard Medical, Terumo, Cook Medical.
The aortic aneurysm repair devices 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 Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Size & Forecast, 2018-2028
4.5.1 Aortic Aneurysm Repair Devices Market Size and Y-o-Y Growth
4.5.2 Aortic Aneurysm Repair Devices Market Absolute $ Opportunity
Chapter 5 Global Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Size Forecast by Type
5.2.1 Stent Graft System
5.2.2 Catheters
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Analysis and Forecast
9.1 Introduction
9.2 North America Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Size Forecast by Type
9.6.1 Stent Graft System
9.6.2 Catheters
9.6.3 Others
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 Aortic Aneurysm Repair Devices Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
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 Aortic Aneurysm Repair Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Size Forecast by Type
10.6.1 Stent Graft System
10.6.2 Catheters
10.6.3 Others
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 Aortic Aneurysm Repair Devices Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
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 Aortic Aneurysm Repair Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Size Forecast by Type
11.6.1 Stent Graft System
11.6.2 Catheters
11.6.3 Others
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 Aortic Aneurysm Repair Devices Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
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 Aortic Aneurysm Repair Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Aortic Aneurysm Repair Devices 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 Aortic Aneurysm Repair Devices Market Size Forecast by Type
12.6.1 Stent Graft System
12.6.2 Catheters
12.6.3 Others
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 Aortic Aneurysm Repair Devices Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
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) Aortic Aneurysm Repair Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aortic Aneurysm Repair Devices 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) Aortic Aneurysm Repair Devices Market Size Forecast by Type
13.6.1 Stent Graft System
13.6.2 Catheters
13.6.3 Others
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) Aortic Aneurysm Repair Devices Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
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 Aortic Aneurysm Repair Devices Market: Competitive Dashboard
14.2 Global Aortic Aneurysm Repair Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cook Medical
14.3.2 Endologix
14.3.3 W. L. Gore & Associates
14.3.4 AbbVie
14.3.5 Medtronic
14.3.6 Cardinal Health
14.3.7 Merck
14.3.8 C. R. Bard
14.3.9 Lombard Medical
14.3.10 Terumo
14.3.11 Cook Medical
