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Aortic Aneurysm Repair Devices Market Global Segmentation, key Players, Analysis and Forecast 2023

The Aortic aneurysm Repair Devices global market is expected to grow at mid-range single digit CAGR to reach $3,448.2 million by 2023

PUNE, INDIA, January 6, 2017 /EINPresswire.com/ -- Aortic Aneurysm Repair Devices:

An aneurysm develops due to the weakening of blood vessel which results in a balloon-like dilation. Aneurysms can occur in any artery, it happens most often in the abdominal aorta, an essential blood vessel that supplies blood to legs. Most aortic aneurysms occur in the section of the aorta that passes through the abdomen and are referred as abdominal aortic aneurysms, sometimes in the chest referred as thoracic aortic aneurysms. Normally the diameter of the aorta in the abdomen is about 2 cm but in the case of an abdominal aortic aneurysm, the diameter increases to 3 cm or even more. Once an aortic aneurysm develops gradually it tends to become larger and the speed at which it becomes larger varies from person to person. Generally, aneurysm tends to become larger by about 10% per year. This condition rarely happens in the age group below 60 years. The wall of the aorta normally has layers of elastin, collagen and smooth muscle tissue. As people grow older aorta loses its normal strength and elasticity due to changes in the elastin, collagen and smooth muscle tissues. Genetic makeup also plays a major part in the development of aortic aneurysms. The condition can be treated by either open surgery or by EVAR procedure. EVAR is a minimally-invasive newer technique which employs stent grafts and other components like catheter, guide wires and other devices to repair an aortic aneurysm and has become a popular option in recent years.

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The Aortic aneurysm Repair Devices global market is expected to grow at mid-range single digit CAGR to reach $3,448.2 million by 2023. The Aortic Aneurysm Repair Devices market is classified based on site, product, repair type and geography. The Aortic Aneurysm Repair Devices products market is divided into Stent grafts, Catheters, and Others. The Aortic Aneurysm Repair Devices by site market is segmented into Abdominal Aortic Aneurysm (AAA) and Thoracic Aortic Aneurysm (TAA). Abdominal aortic aneurysm market is further segmented into Infrarenal and Perarenal. The perarenal market is further sub-segmented into Juxtrarenal and Suprarenal. Thoracic Aortic Aneurysm market is divided into Ascending an aortic aneurysm, Descending aortic aneurysm, Thoracoabdominal Aortic Aneurysm (TAAA) and Thoracic Arch Aneurysm. The Aortic Aneurysm market by repair type is divided into Abdominal Aortic Aneurysm (AAA) and Thoracic Aortic Aneurysm (TAA). Abdominal aortic aneurysm is divided into open surgery and Endovascular aneurysm repair (EVAR). Thoracic aortic aneurysm repair is divided into open surgery and Thoracic endovascular aneurysm repair (TEVAR).

Further, the Aortic Aneurysm Repair Devices market is separated by geographical regions into North America, Europe, Asia-pacific and Rest of the World.

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Table of Contents

1 EXECUTIVE SUMMARY 22
2 INTRODUCTION 33
2.1 KEY TAKE AWAYS 33
2.2 REPORT DESCRIPTION 33
2.3 MARKETS COVERED 34
2.4 STAKEHOLDERS 36
2.5 RESEARCH METHODOLOGY 36
2.5.1 MARKET SIZE ESTIMATION 38
2.5.2 MARKET CRACKDOWN AND DATA TRIANGULATION 41
2.5.3 SECONDARY SOURCES 42
2.5.4 PRIMARY SOURCES 42
2.5.5 KEY DATA POINTS FROM SECONDARY SOURCES 43
2.5.6 KEY DATA POINTS FROM PRIMARY SOURCES 43
2.5.7 ASSUMPTIONS 44
3 MARKET ANALYSIS 46
3.1 INTRODUCTION 46
3.2 MARKET SEGMENTATION 47
3.3 FACTORS INFLUENCING MARKET 49
3.3.1 DRIVERS AND OPPORTUNITIES 49
3.3.1.1 Rising geriatric population 49
3.3.1.2 Increasing prevalence of lifestyle diseases 50
3.3.1.3 Growing acceptance for minimally invasive endovascular surgeries 51
3.3.1.4 Technological advancements in evar 52
3.3.1.5 Mergers and acquisitions 53
3.3.1.6 Market expansion opportunities in emerging nations 54
3.3.2 RESTRAINTS AND THREATS 54
3.3.2.1 Risks associated with endovascular procedures such as endoleaks and
radiation exposure 54
3.3.2.2 High costs of an endovascular aneurysm repair procedures 55
3.3.2.3 Stringent regulatory approval requirement for an aortic aneurysm
repair product 56
3.3.2.4 Lack of skilled professionals 57
3.3.2.5 Challenges associated with repair of complex anatomies 58
3.3.2.6 Off-the-shelf stent grafts in treating complex anatomies 58
3.4 REGULATORY AFFAIRS 59
3.4.1 U.S. 59
3.4.2 EUROPE 60
3.4.3 INDIA 60
3.4.4 CHINA 61
3.4.5 JAPAN 61
3.5 REIMBURSEMENT SCENARIO 62
3.5.1 REIMBURSEMENT TABLE 63
3.6 PORTER’S FIVE FORCE ANALYSIS 68
3.6.1 THREAT OF NEW ENTRANTS 69
3.6.2 THREAT OF SUBSTITUTES 70
3.6.3 BARGAINING POWER OF SUPPLIERS 71
3.6.4 BARGAINING POWER OF BUYERS 72
3.6.5 COMPETITIVE RIVALRY 72
3.7 MARKET SHARE ANALYSIS 73
3.7.1 AORTIC ANEURYSM REPAIR DEVICES GLOBAL MARKET SHARE
ANALYSIS, BY MAJOR PLAYERS 73
3.7.2 EVAR GLOBAL MARKET SHARE ANALYSIS, BY MAJOR PLAYERS 76
3.7.3 TEVAR GLOBAL MARKET SHARE ANALYSIS, BY MAJOR PLAYERS 78
3.7.4 U.S. EVAR MARKET SHARE ANALYSIS, BY MAJOR PLAYERS 80
3.7.5 EUROPE EVAR MARKET SHARE ANALYSIS, BY MAJOR PLAYERS 82
3.7.6 JAPAN EVAR MARKET SHARE ANALYSIS, BY MAJOR PLAYERS 84
3.8 PATENT TRENDS 85

…CONTINUED

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