#Endovascular Abdominal Aortic Aneurysm Repair Devices Market Size
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Aortic Stents Grafts Market
Aortic Stents Grafts Market Size, Share, Trends: Medtronic plc Leads
Increasing Adoption of Fenestrated and Branched Stent Grafts
Market Overview:
The global Aortic Stents Grafts Market is projected to grow at a CAGR of 7.2% from 2024 to 2031. The market value is expected to rise from XX USD in 2024 to YY USD by 2031. North America currently dominates the market, with key metrics indicating a growing demand for minimally invasive aortic aneurysm treatments. The market is experiencing significant growth due to increasing prevalence of aortic aneurysms, technological advancements in stent graft designs, and rising adoption of endovascular procedures.
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Market Trends:
The aortic stent grafts industry is seeing a considerable shift towards the use of fenestrated and branching stent grafts. These advanced devices are intended to treat difficult aortic aneurysms, particularly those that affect the renal and visceral arteries. The necessity for more physically complex situations and a desire to broaden the applicability of endovascular aneurysm repair (EVAR) are driving this trend. Fenestrated and branching stent grafts have been proven in studies to successfully treat up to 85% of juxtarenal aneurysms that were previously unsuitable for routine EVAR, resulting in a 30% reduction in open surgical operations for complicated aortic aneurysms.
Market Segmentation:
Abdominal Aortic Stent Grafts have the biggest market share in the aortic stent grafts business, owing to the higher prevalence of abdominal aortic aneurysms (AAA) compared to thoracic aneurysms. This segment's dominance is related to the extensive use of endovascular aneurysm repair (EVAR) procedures for AAA therapy, as well as continuing technological advancements in stent graft design. Recent advances in abdominal aortic stent grafts have centred on increasing long-term durability and anatomical application. For example, the introduction of low-profile delivery devices has allowed for the treatment of patients with smaller access channels, potentially boosting the eligible patient group by 30%. Furthermore, next generation stent grafts with active fixation mechanisms have demonstrated a 50% reduction in type I endoleaks, a typical consequence of EVAR, resulting in better long-term results.
The hospital segment of the abdominal aortic stent grafts market has experienced particularly rapid expansion. With the growing complexity of EVAR procedures and the necessity for specialised imaging equipment, hospitals continue to be the principal site for these interventions. According to studies, high-volume hospital centres that execute more than 50 EVAR procedures per year had 25% lower death rates than low-volume centres, leading to the centralisation of these treatments in specialised institutions. This tendency has resulted in large expenditures in hybrid operating rooms capable of performing advanced endovascular operations, reinforcing the hospital segment's market dominance.
Market Key Players:
Medtronic plc
Cook Medical
W. L. Gore & Associates
Terumo Corporation
Cardinal Health (Cordis)
Endologix LLC
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Aortic Intervention Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2022 - 2027
Aortic Intervention Market size is estimated to reach $3.4 billion by 2027, growing at a CAGR of 6.7% during the forecast period 2022-2027. Aortic intervention includes mending of aortic valve walls when an aneurysm happens. There has been immense progress in the endovascular treatment of aortic pathologies. Intra-renal abdominal aortic aneurysms can be treated by endovascular graft in most cases and endovascular aortic repair has acquired expansive acceptance all through the world. The abdominal aorta is the biggest artery in the abdominal cavity. As a portion of the aorta, it is a direct extension of the descending aorta (of the thorax). The thoracic aorta starts at the heart, at the level of the aortic valves. The thoracic aorta evolves into the abdominal aorta at the diaphragm, just bordering the celiac artery origin, normally at the T12 vertebral body.
Report Coverage
The report : “Aortic Intervention Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Aortic Intervention Market.
By Device Type : Abdominal Aortic Stent Grafts. Thoracic Aortic Stent Grafts, Fenestrated Aortic Stent Grafts, Others. By End User : Hospitals, Clinics, Others. By Geography : North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).
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Aortic Stents Grafts Market Size, Opportunities, Analysis and Forecast to 2028
Aortic Stents Grafts Market size was Bn in 2019 and is expected to reach Bn by 2027, at a CAGR of during forecast period.
Aortic Stents Grafts Market Overview:
The study covers the Aortic Stents Grafts market's most recent revenue and market trends. It stresses a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Aortic Stents Grafts Market, such as gross margin, cost, market share, capacity utilisation, and supply. It also aids in determining the future potential of Aortic Stents Grafts Market in the next years. The report presents a market overview through common subjects that are highlighted with unique data based on the need. This overview aids in making decisions about how to approach the market and comprehending the industry's backdrop.
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Market Scope:
Key Market Trends & Challenges:
The study analyses the primary adoption trend impacting the Aortic Stents Grafts industry as well as issues that may stymie its expansion. Understanding these elements is critical for product planning and design, as well as commercial strategies. To assist you understand the Aortic Stents Grafts market, this study provides a full analysis of these trends and obstacles.
Market Statistics:
The report provides the market size and share of the Aortic Stents Grafts market. It helps in understanding the market and the report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising and industry decision-making processes in the Aortic Stents Grafts market.
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Segmentation:
An aortic stent graft is a device used for the treatment of an aneurysm. It is also known as endovascular stent graft (EVAR). This treatment involves an artificial stent graft, delivered through an arterial blood vessel in the groin, fixed over the widening. These are used for abdominal and thoracic aortic aneurysm endovascular repair.
Key Players:
• Becton, Dickinson and Company • MicroPort Scientific Corporation Inc. • Medtronic Plc. • W.L. Gore & Associates • Cardinal Health Inc. • Terumo Corporation Inc. • Bolton Medical • Cardinal Health
Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Aortic Stents Grafts market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on Aortic Stents Grafts Market:
The report has identified detailed impact of COVID-19 on Aortic Stents Grafts market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Aortic Stents Grafts market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
Key Questions answered in the Aortic Stents Grafts Market Report are:
Which product segment grabbed the largest share in the Aortic Stents Grafts market?
How is the competitive scenario of the Aortic Stents Grafts market?
Which are the key factors aiding the Aortic Stents Grafts market growth?
Which region holds the maximum share in the Aortic Stents Grafts market?
What will be the CAGR of the Aortic Stents Grafts market during the forecast period?
Which application segment emerged as the leading segment in the Aortic Stents Grafts market?
Which are the prominent players in the Aortic Stents Grafts market?
What key trends are likely to emerge in the Aortic Stents Grafts market in the coming years?
What will be the Aortic Stents Grafts market size by 2027?
Which company held the largest share in the Aortic Stents Grafts market?
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Interventional Cardiology and Peripheral Vascular Device Market: Trends & Forecast up to 2030
The report on the global interventional cardiology and peripheral vascular device market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global interventional cardiology and peripheral vascular device market to grow with a healthy CAGR over the forecast period from 2019-2025. The study on interventional cardiology and peripheral vascular device market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025. The report on interventional cardiology and peripheral vascular device market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global interventional cardiology and peripheral vascular device market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.
Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-104345 Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global interventional cardiology and peripheral vascular device market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider. Report Findings 1) Drivers ? Increase in prevalence of chronic diseases ? Technological advancements in cardiology devices ? Growth in geriatric population 2) Restraints ? High treatment cost of some devices 3) Opportunities ? Increasing healthcare structure in the emerging markets Research Methodology A) Primary Research Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include 1. Key Opinion Leaders associated with Infinium Global Research 2. Internal and External subject matter experts 3. Professionals and participants from the industry Our primary research respondents typically include 1. Executives working with leading companies in the market under review 2. Product/brand/marketing managers 3. CXO level executives 4. Regional/zonal/country managers 5. Vice President level executives. B) Secondary Research Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include 1. Company reports and publications 2. Government/institutional publications 3. Trade and associations journals 4. Databases such as WTO, OECD, World Bank, and among others. 5. Websites and publications by research agencies Segment Covered The global interventional cardiology and peripheral vascular device market is segmented on the basis of product type. The Global Interventional Cardiology and Peripheral Vascular Device Market by Product Type ? Angioplasty Balloons o Old/Normal Balloons o Cutting and Scoring Balloons o Drug-eluting Balloons ? Angioplasty Stents o Drug-eluting Stents o Bare Metal Stents o Bioabsorbable Stents ? Angioplasty Catheters o Angiography Catheters o Guiding Catheters ? Endovascular Aneurysm Repair Stent Grafts o Abdominal Aortic Aneurysm o Thoracic Aortic Aneurysm ? Inferior Vena Cava (IVC) Filters o Retrievable Filters o Permanent Filters ? Plaque Modification Devices o Thrombectomy Devices o Atherectomy Devices ? Hemodynamic Flow Alteration Devices o Embolic Protection Devices o Chronic Total Occlusion Devices ? Accessories o Vascular Closure Devices o Introducer Sheaths o Guidewires o Balloon Inflation Devices Company Profiles The companies covered in the report include ? Siemens AG ? AngioDynamics, Inc. ? Edwards Lifesciences Corporation ? Becton, Dickinson & Co. ? ABIOMED, Inc. ? Baxter International Inc. ? Lepu Medical Technology (Beijing) Co. Ltd. ? 3M Company ? Smith & Nephew plc ? Biotronik SE & Co. KG What does this report deliver? 1. Comprehensive analysis of the global as well as regional markets of the interventional cardiology and peripheral vascular device market. 2. Complete coverage of all the segments in the interventional cardiology and peripheral vascular device market to analyze the trends, developments in the global market and forecast of market size up to 2025. 3. Comprehensive analysis of the companies operating in the global interventional cardiology and peripheral vascular device market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company. 4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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Endovascular Aneurysm Repair Devices Market Demand Size 2027
Market Highlights
Endovascular aneurysm repair (EVAR) is a collective term for all treatments that are directed to surgically cure an aortic aneurysm located in the patient’s abdomen. Factors such as reduced recovery times, low-cost hospitalization charges, and technological advancements in repair devices are expected to drive the growth of the market.
The global endovascular aneurysm repair devices market is currently dominated by many market players. The key players in the market are engaged in new product launches and strategic collaborations to strengthen its market position. For instance, in April 2018, Vascutek Ltd. and Bolton Medical, subsidiaries of Terumo Corporation, have merged into Terumo Aortic. Combining the aortic companies into a single business, Terumo Corporation aims to grow its presence in the aortic and vascular implants market.
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Regional Analysis
The market in the Americas is expected to dominate the global endovascular aneurysm repair devices market during the forecast period owing to the increasing geriatric population, and well-developed healthcare sector. The European market is expected to be the second-largest due to government funding and support of the healthcare sector coupled with the rising prevalence of aneurysms. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to growing disposable income. The market in the Middle East & Africa is likely to account for the smallest share of the global endovascular aneurysm repair devices market.
Segmentation
The global Endovascular Aneurysm Repair Devices Market has been segmented into indication, site, anatomy, and products.
The market, on the basis of indication, has been segmented into the abdominal aortic aneurysm, thoracic aortic aneurysm and others.
The market, based on thoracic aortic aneurysm, has been further segmented into ascending aortic aneurysm, descending aortic aneurysm, thoracoabdominal aortic aneurysm, and thoracic arch aortic aneurysm.
The market, on the basis of site, has been segmented into infrarenal and pararenal.
The market, based on pararenal site, has been sub-segmented into juxtarenal and suprarenal.
The market, on the basis of anatomy, has been segmented into traditional and complex.
The market, on the basis of products, has been segmented into percutaneous EVAR, fenestrated EVAR, aortic stents and TAA grafts, and others.
Key Players
Some of the key players in the global endovascular aneurysm repair devices market are Cardiatis SA, Cardinal Health, Cook Medical LLC, Endologix, INC., Jotec GmbH, Medtronic plc, Terumo Corporation, W. L. Gore & Associates, Inc., BiFlow Medical Ltd, Boston Scientific Corporation, Braile Biomédica, Endoluminal Sciences Pty Ltd, Endospan Ltd., Getinge AB, and Lemaitre Vascular Inc.
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Endovascular Aneurysm Repair Devices Market 2020 Historical Analysis, Recent Trends, Size, Industry Segments and Growth by Forecast to 2023
Endovascular Aneurysm Repair Devices Market Report, Forecast Period 2019-2023. The Global Endovascular Aneurysm Repair Devices Market is based on Industry Size, Share, Trend and Growth. The report is published by MRFR.
Endovascular Aneurysm Repair Devices Market Overview
The global endovascular aneurysm repair devices market could record a CAGR of 6.4% during the forecast period (2018-2023), reveals Market Research Future (MRFR).
Endovascular Aneurysm Repair Devices Market Growth Drivers and Top Barriers
Aortic aneurysm refers to the weakening and bulging of the aorta. This bulging leads to a leak that could spill blood within the bod, directing the blood flow away from the tissues and organs. This causes extreme complications, including heart attacks, stroke, kidney damage, and even death. Therefore, endovascular repair takes place by keeping a stent-graft in an aneurysm via a tiny hole in the blood vessels located at the groin area.
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Some growth-inducing factors in the endovascular aneurysm repair devices market include low-cost hospitalization charges, technological advancements in repair devices, and short reduced recovery times. To illustrate, in 2017, Terumo Corporation had acquired Bolton Medical, Inc., with the latter being a prominent innovator in thoracic and abdominal stent graft systems. With this acquisition, Terumo Corporation strived to expand its growth in the vascular graft field.
Surging adoption of endovascular stent-grafts along with the development of next-generation stent-graft could benefit the market during the review period. Also, soaring awareness within the developing economies about the wide range of aortic aneurysm devices works in favor of the global endovascular aneurysm repair market.
Endovascular Aneurysm Repair Devices Market Segmentation
The worldwide market for endovascular aneurysm repair devices has been segmented on the basis of indication, site, anatomy, and products.
The market, depending on the indication, has been considered for abdominal aortic aneurysm, thoracic aortic aneurysm, and others. The types of thoracic aortic aneurysm are ascending aortic aneurysm, descending aortic aneurysm, thoracoabdominal aortic aneurysm, and thoracic arch aortic aneurysm.
The market, site-wise, has been considered for infrarenal and pararenal. The market, with respect to the pararenal site, caters to juxtarenal and suprarenal.
The market, anatomy-wise, covers traditional and complex.
The market, with regard to the products, mentions percutaneous EVAR, fenestrated EVAR, aortic stents and TAA grafts, and others.
Endovascular Aneurysm Repair Devices Market Regional Analysis
The endovascular aneurysm repair devices market is spread across the primary regions of Europe, Asia Pacific, Middle East, and Africa, and the Americas.
The supreme growth of the endovascular aneurysm repair devices market has been noted in the Americas. The prime reason behind the superlative growth can be the expanding geriatric population along with the highly -developed healthcare sector. The Centers for Disease Control and Prevention (CDC) gauges abdominal aortic aneurysm to be among the leading 15 causes of mortality within the United States (U.S.).
Europe is projected to hold the second position in the worldwide endovascular aneurysm repair devices market. The regional market gets ample support from the rising prevalence of aneurysms, favorable reimbursement scenario, and availability of funds for research. Apart from this, esteemed players in the region are nursing next-generation EVAR products, aiming to expand and evolve. This helps generate momentum to trigger market growth.
Asia Pacific could expand at the fastest pace owing to the presence of a massive patient population combined with the continuously developing nations. Consistently improving healthcare infrastructure and rising number of surgeons could lead the regional market to greater heights in the years ahead.
Lastly, Middle East & Africa has been identified as the smallest market for endovascular aneurysm repair devices. Most of the market is concentrated in Middle East as a result of the increasing government initiatives for the healthcare industry.
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Endovascular Aneurysm Repair Devices Market Key Companies
Endospan Ltd., BiFlow Medical Ltd, Endologix, INC., Jotec GmbH, Medtronic plc, Terumo Corporation, W. L. Gore & Associates, Inc., Cardiatis SA, Boston Scientific Corporation, Cook Medical LLC, Endoluminal Sciences Pty Ltd, Cardinal Health, Braile Biomédica, Lemaitre Vascular Inc., Getinge AB, are the top players in the worldwide endovascular aneurysm repair devices market.
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Aortic Aneurysm Market 2019: Analysis, Size, Share, Trends, Key Vendors, Drivers And Forecast 2027
Global Aortic Aneurysm Market, by Type (Thoracic Aortic Aneurysm and Abdominal Aortic Aneurysm), by Treatment (Open Surgical Repair and Endovascular Aneurysm Repair), by Product (Stent Grafts and Catheters), by End-Use (Hospitals and Ambulatory Surgery Centres & Clinics), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2019 and 2027.
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As per the report, the aortic aneurysm market is estimated to have a steady growth during the forecast years, accounting for the rise in the elderly populace, increasing count of patients suffering from hyperlipidemia and hypertension and the trending culture of smoking across the globe. An upsurge in the numbers of cardiovascular disease cases along with the technical development in the medical and healthcare sector is also expected to boosts market growth. In addition, the supportive reimbursement policy for aortic aneurysms treatment in developed regions also aids positive growth during the forecast period. Besides, the poor dietary habits prevailing among a large count of population coupled with the improving healthcare infrastructure and the mounting cases of abdominal aortic aneurysm also propels the growth of aortic aneurysm market. However, the expensive nature of aortic aneurysm treatment along with the high cost of the device is likely to restrict the market growth. Besides, the low reimbursement in the emerging regions and the risk linked with aortic aneurysm treatment process is also hampering the demand for aortic aneurysm treatment.
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Furthermore, Meridian Market Consultants (MMC) Study identifies that the nations with the majority of middle income and low-income groups are more to this condition, accounting for the lack of awareness about the ill effects of smoking along with the associated threat of development of an aneurysm. Moreover, the favorable reimbursement and regulations for the treatment of this condition across the globe also favor the growth of the global aortic aneurysm market. Besides, the strategic collaboration among the key players is also boosting the market growth. For instance, Vascutek Ltd. and Bolton Medical, Inc. merged together for the production of one single business unit. This merger will strengthen its business relationship and will aid in expanding its product portfolio to maintain their position in the global market. Besides, the low accessibility to other treatment options for curing thoracic aortic aneurysm repair coupled with the challenging compliance serves to be the challenging factors affecting the market growth. MMC Study identifies some of the key participating players in the aortic aneurysm market globally are Cook Medical (Cook Group), Endologix, Gore Medical (W. L. Gore & Associates), JOTEC (CryoLife, Inc.), Lombard Medical, MAQUET Holding B.V. & Co. KG, Medtronic PLC, Microport Scientific Corporation, and Terumo Corporation.
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Aortic Aneurysm Market by 2023 – Concerns over the Rising Healthcare Costs Propel Industry to a high CAGR!
The global aortic aneurysm market held a market value of USD 2,357.6 million in 2017 and is projected to grow at a CAGR of 8.4% over the forecast period. An aortic aneurysm is an abnormal enlargement or bulging of the wall of the aorta. Aortic aneurysm has two types such as an abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA). An abdominal aortic aneurysm is an aneurysm in the part of the aorta that passes through the abdomen while thoracic aortic aneurysm is an aortic aneurysm that presents mainly in the thorax.
Some of the market growth factors include rising prevalence of tobacco smoking in the developed and developing countries, worldwide growing elderly population coupled with the increasing burden of cardiovascular diseases, favorable reimbursement scenarios for surgical treatment of aortic aneurysms, and mounting technological advancements in products. In contrast, the presence of low reimbursement rates in the developing countries and higher cost of aortic aneurysm treatment and devices are anticipated to hinder the market growth during the next five years.
Segmentation
The global aortic aneurysm market has been segmented into type, product, treatment, end user, and region.
By type, the market has been segmented into abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA).
On the basis of product, the market has been divided into stent-grafts, catheters, and others.
By treatment, the market has been classified into endovascular aneurysm repair (EVAR) and open surgical repair (OSR).
Based on end user, the market has been categorized into hospitals and clinics, ambulatory surgery centers (ASCs), and others.
Key Players
Some of the spearheading players in the global aortic aneurysm market are
Medtronic plc
Cook Medical
Terumo Medical Corporation
Microport Scientific Corporation
MAQUET Holding B.V. & Co. KG
Endologix Inc.
L. Gore & Associates
Lombard Medical Limited
JO0TEC AG (CryoLife Inc.)
and Cardinal Health Inc.
Regional Analysis
The global aortic aneurysm market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. Based on region, the Americas would continue its supremacy over the forecast period attributed to the presence of sophisticated medical and healthcare infrastructure and major market participants, higher spending on the healthcare, and frequent launches of novel devices in the US and Canada. For instance, in 2015, Cook Group Incorporated launched its Zenith Alpha abdominal endovascular graft in Canada.
Europe would be the second-largest value contributor in the aortic aneurysm market due to the highest prevalence of tobacco smoking and the presence of favorable initiatives by several organizations to reduce the burden of aortic aneurysm. For instance, the World Health Organization (WHO) stated that presently, Europe has the highest prevalence of tobacco smoking among adults (28%) and some of the highest prevalence of tobacco use by adolescents.
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Asia-Pacific is likely to witness the fastest market growth during the forecast period due to growth in increasing geriatric population and prevalence of cardiovascular diseases & hypertension, and growing awareness about aortic aneurysm treatment, and developing healthcare infrastructure in India, China, and Australia. For instance, WHO reported that one million people in the World Health Organization Western Pacific Region die each year from cardiovascular disease caused by tobacco use and more than 1 in 5 cardiovascular diseases, such as heart attack and stroke, result from smoking?
The Middle East & Africa has the least share of the global aortic aneurysm market. In addition, the major market share of the region would be held by the Middle Eastern region. Several studies reported that aortic aneurysm is very rare in the Middle East and very few lives are threatened by deadly aortic aneurysms annually in the Middle East region.
Table Of Contents
Chapter 1 Report Prologue
Chapter 2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4 Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Detection Technique Trends & Assessment
TOC Continued…
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Interventional Cardiology and Peripheral Vascular Device Market: Forecatst up to 2030
The report on the global interventional cardiology and peripheral vascular device market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global interventional cardiology and peripheral vascular device market to grow with a healthy CAGR over the forecast period from 2019-2025. The study on interventional cardiology and peripheral vascular device market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025. The report on interventional cardiology and peripheral vascular device market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global interventional cardiology and peripheral vascular device market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.
Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-104345 Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global interventional cardiology and peripheral vascular device market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider. Report Findings 1) Drivers • Increase in prevalence of chronic diseases • Technological advancements in cardiology devices • Growth in geriatric population 2) Restraints • High treatment cost of some devices 3) Opportunities • Increasing healthcare structure in the emerging markets Research Methodology A) Primary Research Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include 1. Key Opinion Leaders associated with Infinium Global Research 2. Internal and External subject matter experts 3. Professionals and participants from the industry Our primary research respondents typically include 1. Executives working with leading companies in the market under review 2. Product/brand/marketing managers 3. CXO level executives 4. Regional/zonal/country managers 5. Vice President level executives. B) Secondary Research Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include 1. Company reports and publications 2. Government/institutional publications 3. Trade and associations journals 4. Databases such as WTO, OECD, World Bank, and among others. 5. Websites and publications by research agencies Segment Covered The global interventional cardiology and peripheral vascular device market is segmented on the basis of product type. The Global Interventional Cardiology and Peripheral Vascular Device Market by Product Type • Angioplasty Balloons o Old/Normal Balloons o Cutting and Scoring Balloons o Drug-eluting Balloons • Angioplasty Stents o Drug-eluting Stents o Bare Metal Stents o Bioabsorbable Stents • Angioplasty Catheters o Angiography Catheters o Guiding Catheters • Endovascular Aneurysm Repair Stent Grafts o Abdominal Aortic Aneurysm o Thoracic Aortic Aneurysm • Inferior Vena Cava (IVC) Filters o Retrievable Filters o Permanent Filters • Plaque Modification Devices o Thrombectomy Devices o Atherectomy Devices • Hemodynamic Flow Alteration Devices o Embolic Protection Devices o Chronic Total Occlusion Devices • Accessories o Vascular Closure Devices o Introducer Sheaths o Guidewires o Balloon Inflation Devices Company Profiles The companies covered in the report include • Siemens AG • AngioDynamics, Inc. • Edwards Lifesciences Corporation • Becton, Dickinson & Co. • ABIOMED, Inc. • Baxter International Inc. • Lepu Medical Technology (Beijing) Co. Ltd. • 3M Company • Smith & Nephew plc • Biotronik SE & Co. KG What does this report deliver? 1. Comprehensive analysis of the global as well as regional markets of the interventional cardiology and peripheral vascular device market. 2. Complete coverage of all the segments in the interventional cardiology and peripheral vascular device market to analyze the trends, developments in the global market and forecast of market size up to 2025. 3. Comprehensive analysis of the companies operating in the global interventional cardiology and peripheral vascular device market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company. 4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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Endovascular Aneurysm Repair Devices Market Demand Size, Share, Analysis, Trends 2027
Market Highlights
Endovascular aneurysm repair (EVAR) is a collective term for all treatments that are directed to surgically cure an aortic aneurysm located in the patient’s abdomen. Factors such as reduced recovery times, low-cost hospitalization charges, and technological advancements in repair devices are expected to drive the growth of the market.
The global endovascular aneurysm repair devices market is currently dominated by many market players. The key players in the market are engaged in new product launches and strategic collaborations to strengthen its market position. For instance, in April 2018, Vascutek Ltd. and Bolton Medical, subsidiaries of Terumo Corporation, have merged into Terumo Aortic. Combining the aortic companies into a single business, Terumo Corporation aims to grow its presence in the aortic and vascular implants market.
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Regional Analysis
The market in the Americas is expected to dominate the global endovascular aneurysm repair devices market during the forecast period owing to the increasing geriatric population, and well-developed healthcare sector. The European market is expected to be the second-largest due to government funding and support of the healthcare sector coupled with the rising prevalence of aneurysms. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to growing disposable income. The market in the Middle East & Africa is likely to account for the smallest share of the global endovascular aneurysm repair devices market.
Segmentation
The global Endovascular Aneurysm Repair Devices Market has been segmented into indication, site, anatomy, and products.
The market, on the basis of indication, has been segmented into the abdominal aortic aneurysm, thoracic aortic aneurysm and others.
The market, based on thoracic aortic aneurysm, has been further segmented into ascending aortic aneurysm, descending aortic aneurysm, thoracoabdominal aortic aneurysm, and thoracic arch aortic aneurysm.
The market, on the basis of site, has been segmented into infrarenal and pararenal.
The market, based on pararenal site, has been sub-segmented into juxtarenal and suprarenal.
The market, on the basis of anatomy, has been segmented into traditional and complex.
The market, on the basis of products, has been segmented into percutaneous EVAR, fenestrated EVAR, aortic stents and TAA grafts, and others.
Key Players
Some of the key players in the global endovascular aneurysm repair devices market are Cardiatis SA, Cardinal Health, Cook Medical LLC, Endologix, INC., Jotec GmbH, Medtronic plc, Terumo Corporation, W. L. Gore & Associates, Inc., BiFlow Medical Ltd, Boston Scientific Corporation, Braile Biomédica, Endoluminal Sciences Pty Ltd, Endospan Ltd., Getinge AB, and Lemaitre Vascular Inc.
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Endovascular Aneurysm Repair Devices Market Analysis, Size, Share, Growth and Trends by Forecast to 2023
Endovascular Aneurysm Repair Devices Market Overview
The global endovascular aneurysm repair devices market could record a CAGR of 6.4% during the forecast period (2018-2023), reveals Market Research Future (MRFR).
Endovascular Aneurysm Repair Devices Market Growth Drivers and Top Barriers
Aortic aneurysm refers to the weakening and bulging of the aorta. This bulging leads to a leak that could spill blood within the bod, directing the blood flow away from the tissues and organs. This causes extreme complications, including heart attacks, stroke, kidney damage, and even death. Therefore, endovascular repair takes place by keeping a stent-graft in an aneurysm via a tiny hole in the blood vessels located at the groin area.
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Some growth-inducing factors in the endovascular aneurysm repair devices market include low-cost hospitalization charges, technological advancements in repair devices, and short reduced recovery times. To illustrate, in 2017, Terumo Corporation had acquired Bolton Medical, Inc., with the latter being a prominent innovator in thoracic and abdominal stent graft systems. With this acquisition, Terumo Corporation strived to expand its growth in the vascular graft field.
Surging adoption of endovascular stent-grafts along with the development of next-generation stent-graft could benefit the market during the review period. Also, soaring awareness within the developing economies about the wide range of aortic aneurysm devices works in favor of the global endovascular aneurysm repair market.
Endovascular Aneurysm Repair Devices Market Segmentation
The worldwide market for endovascular aneurysm repair devices has been segmented on the basis of indication, site, anatomy, and products.
The market, depending on the indication, has been considered for abdominal aortic aneurysm, thoracic aortic aneurysm, and others. The types of thoracic aortic aneurysm are ascending aortic aneurysm, descending aortic aneurysm, thoracoabdominal aortic aneurysm, and thoracic arch aortic aneurysm.
The market, site-wise, has been considered for infrarenal and pararenal. The market, with respect to the pararenal site, caters to juxtarenal and suprarenal.
The market, anatomy-wise, covers traditional and complex.
The market, with regard to the products, mentions percutaneous EVAR, fenestrated EVAR, aortic stents and TAA grafts, and others.
Endovascular Aneurysm Repair Devices Market Regional Analysis
The endovascular aneurysm repair devices market is spread across the primary regions of Europe, Asia Pacific, Middle East, and Africa, and the Americas.
The supreme growth of the endovascular aneurysm repair devices market has been noted in the Americas. The prime reason behind the superlative growth can be the expanding geriatric population along with the highly -developed healthcare sector. The Centers for Disease Control and Prevention (CDC) gauges abdominal aortic aneurysm to be among the leading 15 causes of mortality within the United States (U.S.).
Europe is projected to hold the second position in the worldwide endovascular aneurysm repair devices market. The regional market gets ample support from the rising prevalence of aneurysms, favorable reimbursement scenario, and availability of funds for research. Apart from this, esteemed players in the region are nursing next-generation EVAR products, aiming to expand and evolve. This helps generate momentum to trigger market growth.
Asia Pacific could expand at the fastest pace owing to the presence of a massive patient population combined with the continuously developing nations. Consistently improving healthcare infrastructure and rising number of surgeons could lead the regional market to greater heights in the years ahead.
Lastly, Middle East & Africa has been identified as the smallest market for endovascular aneurysm repair devices. Most of the market is concentrated in Middle East as a result of the increasing government initiatives for the healthcare industry.
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Endovascular Aneurysm Repair Devices Market Key Companies
Endospan Ltd., BiFlow Medical Ltd, Endologix, INC., Jotec GmbH, Medtronic plc, Terumo Corporation, W. L. Gore & Associates, Inc., Cardiatis SA, Boston Scientific Corporation, Cook Medical LLC, Endoluminal Sciences Pty Ltd, Cardinal Health, Braile Biomédica, Lemaitre Vascular Inc., Getinge AB, are the top players in the worldwide endovascular aneurysm repair devices market.
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In recent years, medical cases including percutaneous and catheterization involving peripheral procedures are in rise and so also the usage of large-bore closure devices. By product, the market of Large-Bore Closure Device comprises of three different mode interventional procedures namely Trans catheter Aortic Valve Implementation (TAVI), Endovascular Aneurysm Repair (EVAR) and Thoracic Endovascular Aneurysm Repair (TEVAR). These large-bore closure devices are used for large embolic and other obstructions. The size of these obstructions decides how large-bore closure device sutures should be deployed during interventional procedures. The market of large-bore closure device are associated with tags of being high in procedural costs, but also helps in achieving faster hemostasis. Some benefits of using large-bore closure device include low bleeding complications, reduced post-procedural nursing care, increased patient satisfaction and quick ambulation.
On the basis of product type, the global Large-Bore Closure Device Market devices market is segmented into:
Trans catheter Aortic Valve Implementation (TAVI)
Endovascular Aneurysm Repair (EVAR)
Thoracic Endovascular Aneurysm Repair (TEVAR)
On the basis of end user, the global Large-Bore Closure Device market is segmented into:
Cardiovascular
Thoracic
Surgical
On the basis of end user, the global Large-Bore Closure Device market is segmented into:
Hospitals
Clinics
Ambulatory Surgical Centers
Others
In a present scenario, a typical large-bore closure device doesn’t meet all the market requirements. Some devices can be used to achieve percutaneous closure in a variety of large-bore procedures, including transfemoral transcatheter aortic valve replacement and endovascular aortic repair of abdominal aortic aneurysms. Advancements in device designing by leading and key players to utilize novel closure technology and features will help in providing immediate hemostasis and reduce complications and material costs associated with large-bore closure procedures.
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It is expected that the large-bore closure device usage will increase by over 20% Y-O-Y due to increase in cardio vascular patients and geriatric population. These products are one the fastest selling in cardiovascular devices. However, the market is also challenged by many restraints such as closure of large-bore femoral access sites, long procedural waiting time, and presence of vascular specialist in the catheterization lab, delay in ambulation, higher rate of complications and higher total cost of care. Many leading manufactures are investing huge in their research and are poised to design with technical improvements in order to address the complexities. It is expected that challenges such as closing large punctures in high-pressure vessels could be met along with fast hemostasis in order to reduce complications associated with large-bore closure device
The global Large-Bore Closure Device market can be segmented into five key regions: North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America dominates the large-bore closure device with a large revenue share. The domination of the region is due to rise in geriatric population and sedentary lifestyle amongst most people which is likely to increase cardiovascular and thoracic patients in the region. This is supposed to increase the usage of large-bore closure device usage in performing various endovascular and percutaneous interventions. Europe, is expected to be the second most lucrative region for large-bore closure device in terms of revenue share. The region investing aggressively in healthcare and research, is also expected to contribute significantly to large-bore closure device market share. China and India from Asia Pacific region, are expected to grow aggressively during the forecast period. Brazil and Mexico from Latin America are also anticipated to contribute significantly to the large-bore closure device market. The key to the market growth in these developing countries include improvised macro-economic factors such as rise in medical insurance, and improvement in healthcare expenditure. Additionally, increased market penetration by leading large-bore closure device manufacturers is also going to cut down devices prices through distributorship and sell partnerships. MEA is also staged to grow in the forecast period at an average rate. The region covers maximum low economies of African region. However, factors such as lack of healthcare infrastructure and low profile healthcare regulatory bodies will restrain its market growth significantly in these regions.
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Some of the market players in large-bore closure device market globally include Abbott Laboratories, St. Jude Medical, Vascular Solutions, Transluminal Technologies, Vasorum, Cardinal Health InSeal Medical, Vivasure Medical, Essential Medical, Inc, Terumo Corporation, Medeon Biodesign, Inc., The report covers exhaustive analysis on:
Global Large-Bore Closure Device market segments
Global Large-Bore Closure Device market dynamics
Historical actual market size, 2013 - 2017
Global Large-Bore Closure Device market size & forecast 2018 to 2026
Global Large-Bore Closure Device market current trends/issues/challenges
Competition & companies involved
Global Large-Bore Closure Device market drivers and restraints
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Global Endovascular Abdominal Aortic Aneurysm Repair Devices Market Share 2018- Endologix, W. L. Gore & Associates, Cook Medical and MicroPort Scientific Corporation
Global Endovascular Abdominal Aortic Aneurysm Repair Devices Market Share 2018- Endologix, W. L. Gore & Associates, Cook Medical and MicroPort Scientific Corporation
A recent report on Global Endovascular Abdominal Aortic Aneurysm Repair Devices Market 2018assessed a decisive analysis on the endovascular abdominal aortic aneurysm repair devices industry on worldwide and regional level. It explains what are endovascular abdominal aortic aneurysm repair devices marketing strategies of leading companies and their expenses. Together with media supply, it…
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Stent Grafts Market Size, Share and Manufacturing Plants Analysis 2022 | Million Insights Reports
Global Stent Grafts Market is segmented based on product type, type, application, and region. A stent graft is a tubular structure composed of two parts. The stent is a mesh like structure made up of metal. Its function is that of providing support to the graft. The latter constitutes a special fabric that is impervious to blood and lines the stent. The stent graft is packed in small diameter tubes and does get restored to its original diameter when released from these tubes.
A stent graft is used to repair abdominal aortic aneurysm (AAA) in a procedure called as endovascular aneurysm repair (EVAR). In EVAR, a stent graft is placed inside the aorta through which the blood flows uninterruptedly, instead of flowing through the aneurysm sack which is the weak point. Stent grafts can be categorized into two major segments, namely, bifurcated and aorta-uni-iliac (AUI) stent grafts. The stent grafts market can also be segmented into abdominal and thoracic aortic stent grafts.
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Increasing acceptance of EVAR procedures worldwide, increasing efforts for creating awareness about aneurysms, rising demand for minimally invasive endovascular surgeries, aging population and rising incidences of diseases like obesity and diabetes. Moreover, increasing number of people affected by obesity and diabetes worldwide will drive the demand for endovascular surgeries.
Technological advancements in EVAR and rising demand for minimally invasive procedures will drive the stent grafts market over the forecast period. Whereas, increasing acceptance of balloon angioplasty may prove to be a restraint for this market. Stent Grafts Market is classified, by product type into AAA Stent Grafts, TAA Stent Grafts.
Abdominal Aortic Aneurysm (AAA) stent grafts segment accounted for the largest market share of the Stent Grafts Market and is expected to remain dominant over the forecast period. These stent grafts are useful in treating AAA and function by attaching itself to the aorta wall in a spring like fashion.
Thoracic Aortic Aneurysm (TAA) and Abdominal Aortic Aneurysms (AAAs) are the major indications of Aortic Stent Graft implantation. Abdominal aortic aneurysms are more common in men and population aged 65 and above. The prevalence of AAA is six times higher in men as compared to women. Types into Peripheral Stent Grafts, Aortic Stent Grafts, and others classify Stent Grafts Market.
Aortic Stent Graft is a device, which is used to support a weak spot in an artery known as aneurysm. An aneurysm is caused by high blood pressure and other factors such as aging, smoking, and atherosclerosis. An aortic stent graft is a stainless steel metal mesh-like tube composed of woven polyester fabric.
Stent Grafts Market is classified, by application into Hospital, Clinic, and others. Stent Grafts Industry is segmented, geographically into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. The North American Market, especially the U.S. accounted for the largest market share of the Stent Grafts Market and will remain dominant over the forecast period. Followed by European and Asia Pacific market.
With the increase in procedure volumes and Europe’s healthy compensation system, this market is expected to experience a rapid growth. Asia Pacific market is expected grow at fastest pace over the forecast period. This is mainly due to increasing healthcare awareness and facilities in the region. Stent Grafts Industry key players are Medtronic, Cook Medical, Gore, Endologix, Bard, Terumo, Bolton Medical, Jotec, MicroPort, Lombard Medical, Lifetouch Scientific, and Merit Medical.
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#Stent Grafts Market Size#Stent Grafts Market Analysis#Stent Grafts Market Share#Stent Grafts Market trends
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Global Aortic Aneurysm Market by Type and Size | Industry Report 2019-2023
The global aortic aneurysm market held a market value of USD 2,357.6 million in 2017 and is projected to grow at a CAGR of 8.4% over the forecast period. An aortic aneurysm is an abnormal enlargement or bulging of the wall of the aorta. Aortic aneurysm has two types such as an abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA). An abdominal aortic aneurysm is an aneurysm in the part of the aorta that passes through the abdomen while thoracic aortic aneurysm is an aortic aneurysm that presents mainly in the thorax.
Some of the market growth factors include rising prevalence of tobacco smoking in the developed and developing countries, worldwide growing elderly population coupled with the increasing burden of cardiovascular diseases, favorable reimbursement scenarios for surgical treatment of aortic aneurysms, and mounting technological advancements in products. In contrast, the presence of low reimbursement rates in the developing countries and higher cost of aortic aneurysm treatment and devices are anticipated to hinder the market growth during the next five years.
Segmentation
The global aortic aneurysm market has been segmented into type, product, treatment, end user, and region.
By type, the market has been segmented into abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA).
On the basis of product, the market has been divided into stent-grafts, catheters, and others.
By treatment, the market has been classified into endovascular aneurysm repair (EVAR) and open surgical repair (OSR).
Based on end user, the market has been categorized into hospitals and clinics, ambulatory surgery centers (ASCs), and others.
Key Players
Some of the spearheading players in the global aortic aneurysm market are
Medtronic plc
Cook Medical
Terumo Medical Corporation
Microport Scientific Corporation
MAQUET Holding B.V. & Co. KG
Endologix Inc.
L. Gore & Associates
Lombard Medical Limited
JO0TEC AG (CryoLife Inc.)
and Cardinal Health Inc.
Regional Analysis
The global aortic aneurysm market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. Based on region, the Americas would continue its supremacy over the forecast period attributed to the presence of sophisticated medical and healthcare infrastructure and major market participants, higher spending on the healthcare, and frequent launches of novel devices in the US and Canada. For instance, in 2015, Cook Group Incorporated launched its Zenith Alpha abdominal endovascular graft in Canada.
Europe would be the second-largest value contributor in the aortic aneurysm market due to the highest prevalence of tobacco smoking and the presence of favorable initiatives by several organizations to reduce the burden of aortic aneurysm. For instance, the World Health Organization (WHO) stated that presently, Europe has the highest prevalence of tobacco smoking among adults (28%) and some of the highest prevalence of tobacco use by adolescents.
Asia-Pacific is likely to witness the fastest market growth during the forecast period due to growth in increasing geriatric population and prevalence of cardiovascular diseases & hypertension, and growing awareness about aortic aneurysm treatment, and developing healthcare infrastructure in India, China, and Australia. For instance, WHO reported that one million people in the World Health Organization Western Pacific Region die each year from cardiovascular disease caused by tobacco use and more than 1 in 5 cardiovascular diseases, such as heart attack and stroke, result from smoking?
The Middle East & Africa has the least share of the global aortic aneurysm market. In addition, the major market share of the region would be held by the Middle Eastern region. Several studies reported that aortic aneurysm is very rare in the Middle East and very few lives are threatened by deadly aortic aneurysms annually in the Middle East region.
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Table Of Contents
Chapter 1 Report Prologue
Chapter 2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4 Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Detection Technique Trends & Assessment
TOC Continued…
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