Global Aortic Aneurysm Market
Size is anticipated of registering a CAGR of x.x% over the forecast period
(2018-2025). Key factors driving the aortic aneurysm market growth across the
globe is the growing population of smokers’ as well as rising incidences of
sedentary lifestyle diseases. Moreover, increasing population of elderly people,
advancements in technology plus favorable policies for reimbursement process
are some other factors fueling the market growth. On the other hand, there are
some factors expected to restrain the growth of the market over the forecast
spell including lack of responsiveness as well as associated risk about the
diseases among the populace. For example, the high rates of deaths are
registered because of endoleak, a major obstacle that happens when blood starts
to leak into an aneurysm sac once the endovascular aneurysm repair (EVAR)
procedure has been completed.
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The aortic aneurysm market has
been segmented by different type, product types and geography. Further, type
segment of the market has been sub-segmented into AAA and TAA. AAA is the
aortic aneurysm market leader acquiring highest share owing to its adoption in
EVAR, while, TAA is the one of the fastest growing division of the segment in
the market. TAA is expected to grow due to technological advancements as well
as growing awareness of the condition among the patients across the globe. On
the basis of products type, the global aortic aneurysm market has been
bifurcated into catheters, stent grafts and other accessories. Stent grafts
division of the segment dominated the market with highest aortic aneurysm
market share in the historical year (2017), and is likely maintain its
dominance over the forecast period.
Geographically, global aortic
aneurysm market has been segmented to several key regions covering Europe,
North America, Asia Pacific and Rest of the World (ROW). North America region
is the aortic aneurysm market leader, trailed by Europe region. However, Asia
Pacific as well as ROW is emerging markets. Furthermore, Japan is the second
individual market after the United States rising with a double-digit CAGR.
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The global market of aortic
aneurysm is very much concentrated with three companies naming Cook Medical,
Medtronic PLC as well as W.L. Gore and Associates acquiring the highest market
share. On the other hand, companies with limited geographical existence are looking
forward for different types of strategies for expanding their business. For
example, MicroPort Scientific Corp. along with its subsidiary, Endovascular
Technology Corp., took over Lombard Medical Limited and Lombard Medical
Technologies GmbH in April 2018, in order to commercialize its two original
stent graft technologies Aorfix & Altura.
Key segments of the global aortic aneurysm market include:
Type Segment
·
AAA
·
TAA
Product types Segment
·
Catheters
·
Stent grafts
·
Other accessories
Geographical segmentation
·
Europe
·
North America
·
Asia Pacific
·
Rest of the World (ROW)
What to expect from the upcoming ‘Global Aortic Aneurysm Market’
analysis:
-Analysis over future prospects
as well as Global Aortic Aneurysm Market trends
- Information regarding
technological progressions as well as innovations taking place in developing as
well as developed economies and also various macro & microeconomic factors
that affect the growth of the market.
- Supportive initiatives by
government likely to influence the market dynamics.
- Key drivers influencing
market’s growth, opportunities, restraints, sales channels and distributors.
- In-depth analysis of different
market segmentations including disease type, drug class, pathogen and
geographical regions.
- Deep analysis about the competitive
landscape of the market and the initiatives by them to improve this market such
as expansions, growth strategies, agreements, new product launches and
acquisitions in the market
- Value Chain and Sales Channels
Analysis
Who should buy this report?
- Report is especially designed
for Venture capitalists, Investors, financial institutions, Analysts,
Government organizations, regulatory authorities, policymakers, researchers,
strategy
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