0
2022
Endovascular Aneurysm Repair Market

Endovascular Aneurysm Repair Market

by Indication (Abdominal Aortic Aneurysm (Aaa), Thoratic Aortic Aneurysm (Taa)), by Site (Infrarenal, Pararenal), by Anatomy (Traditional, Complex), by Product (Percutaneous Evar, Fenestrated Evar, Aortic Stents & Taa Graft, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030

✷  Report Code: A01549
Pages: 170
Mar 2022 | 14857 Views
Author(s) : Amol P , Onkar S
Tables: 160
Charts: 57
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

Endovascular Aneurysm Repair Market Research, 2030

The global endovascular aneurysm repair market size was valued at $2,646.60 million in 2020, and is projected to reach $4,359.20 million by 2030, growing at a CAGR of 4.8% from 2021 to 2030. Endovascular aneurysm repair (EVAR) is a preferred treatment option for aortic aneurysm given its advantages over open surgery. These advantages include shorter hospital stay, quick recovery time, improved patient outcomes, and no abdominal surgery. Hence, this EVAR procedure is known as standard intervention for abdominal aortic aneurysm (AAA). In this procedure, a stent is placed in an aneurysmal area of the aorta to provide permanent alternative channel for blood flow within the patient’s vasculature, thereby preventing the aneurysmal sac from blood flow pressure and rupturing. 

The COVID-19 outbreak is anticipated to have a negative impact on the growth of the endovascular aneurysm repair market as most hospitals are not operating due to COVID-19 and the ongoing lockdowns in many countries. The COVID-19 virus has serious and life-threatening impact on patients with cardiac patients.

Although EVAR has significantly reduced the operative risks and recovery time as compared to conventional open surgery, but further improvisations in the EVAR can be easily accomplished. This is because there have been cases of endoleaks post-EVAR procedure. However, to meet such challenges, the market players have developed the next generation and advanced technologies. For instance, Endologix Inc. recently gained FDA approval for its percutaneous endograft delivery system and possesses a game challenging, new-generation Nellix technology, a first and only endovascular sealing product useful in mitigation of all types of endoleak. Moreover, the scope of improvement in the technology acts as an opportunity for the endovascular aneurysm repair market.  The endovascular aneurysm repair market forecast was $4,359.2 million by 2030. 

The factors that drive the endovascular aneurysm repair market growth are the rise in the incidence of aortic aneurysm, growth in the geriatric population, technological advancements in EVAR, availability of favorable reimbursements for EVAR procedures & devices, and increase in the smoking population. However, this growth is restricted by the inflated cost associated with endovascular aneurysm repair treatment procedures and a lack of awareness among people. In addition, various risks are associated with this procedure such as iliac perforation, aneurysmal rupture, stent stenosis, endoleaks, and end tension. Several technologies have been developed and introduced to meet such challenges, leading to market growth. Moreover, endovascular aneurysm repair market opportunity are technological advancements in the endovascular aneurysm repair market players.

 

The endovascular aneurysm repair market is segmented on the basis of indication, product, site, anatomy, and region. Depending on indication, it is bifurcated into abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA). The TAA segment is classified into ascending, descending, thoracoabdominal, and thoracic arch aortic aneurysm. 

Endovascular Aneurysm Repair Market
By Indication

Your browser does not support the canvas element.

Abdminal aortic aneurysm segment dominate the market in 2020.

Get more information on this report : Request Sample Pages

According to site, it is categorized as infrarenal and pararenal. The pararenal segment is segmented into juxtarenal and suprarenal. As per anatomy, it  is classified into traditional and complex. By product, it is classified into percutaneous EVAR, fenestrated EVAR,  aortic stents & TAA graft and others. The percutaneous EVAR segment registered the highest revenue in 2020.

Endovascular Aneurysm Repair Market
By Product

Your browser does not support the canvas element.

Others segment dominate the market in 2020.

Get more information on this report : Request Sample Pages

Region wise, the endovascular aneurysm repair market analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest endovascular aneurysm repair market share in 2020, and is expected to maintain its dominance throughout the forecast period, owing to increase in number of EVAR procedures in the U.S.  Furthermore, the market in the U.S. is growing at a CAGR of 8% per year. However, Asia-Pacific is expected to emerge as a lucrative area with maximum growth potential, owing to improvement in healthcare facilities, available disposable income, and rapid development in the economic conditions.

Endovascular Aneurysm Repair Market
By Region

2030
North America 
Europe
Asia-Pacific
LAMEA

North America region dominate the market in 2020, and Asia-Pacific region is expected to grow at significant CAGR of 5.9% during the forecast period.

Get more information on this report : Request Sample Pages

The key players in the global EVAR market include Medtronic plc., Cook Medical Inc., Endologix, Inc., Lombard Medical, Inc., W. L. Gore & Associates, Inc., Cardinal Health Inc., Becton Dickison and Company, Terumo Corporation, Abbott Laboratories, and Konninklijke Philips N.V.

 

Major players adopt product launch and acquisition as key developmental strategies to improve the product portfolio. For instance, in December 2021, Terumo announced the launch of the first commercial case of the aortic balloon in the U.S. This device assists physicians in the expansion of aorta, using TREO and RELAY stent-grafts in endovascular aortic repair. This will improve the product portfolio of the company.

 

Key Benefits For Stakeholders

  • The endovascular aneurysm repair industry report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the endovascular aneurysm repair market analysis from 2020 to 2030 to identify the prevailing endovascular aneurysm repair market opportunities.
  • The endovascular aneurysm repair market size research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the endovascular aneurysm repair market segmentation assists to determine the prevailing market opportunities.
  • The endovascular aneurysm repair market size from 2020 to 2030 with a market drivers, and restraints. 
  • Major countries in each region are mapped according to their revenue contribution to the global endovascular aneurysm repair industry.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global endovascular aneurysm repair market trends, key players, market segments, application areas, and market growth strategies.

Endovascular Aneurysm Repair Market Report Highlights

Aspects Details
By Indication
  • Abdominal Aortic Aneurysm (Aaa)
  • Thoratic Aortic Aneurysm (Taa)
By Site
  • Infrarenal
  • Pararenal
By Anatomy
  • Traditional
  • Complex
By Product
  • Percutaneous Evar
  • Fenestrated Evar
  • Aortic Stents & Taa Graft
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, Italy, France, Spain, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest Of Asia Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Abbott Laboratories, Becton, Dickinson and Company, Cardinal Health Inc, cook medical, Endologix Inc, Lombard Medical Inc, Medtronic Plc, Koninklijke Philips N.V., Terumo Medical Corporation, W. L. Gore & Associates Inc
 

Loading Table Of Content...


 
 

Presently, endovascular aneurysm repair (EVAR ) is a highly preferred treatment alternative among aneurysm patients, owing to its several advantages, including less recovery time and enhanced survival rate. Endovascular repair methods are designed to lower the fatality rates in the geriatric population and unhealthy patients..

A stent graft, vascular grafts, and components are some of the materials or accessories used in the endovascular aneurysm repair market growth. Endovascular aneurysm repair market opportunity are technological advancements in endovascular aneurysm products.  Endovascular aneurysm repair market size was valued at $2,646.60 million in 2020, and is projected to reach $4,359.20 million by 2030, growing at a CAGR of 4.8% from 2021 to 2030.

Rise in geriatric population, increase in healthcare expenditure, and consistent growth in incidence of abdominal aortic aneurysm (AAA) screening across the globe fuel the growth of the endovascular aneurysm repair market. Postoperative complexities, including endoleaks and stent migration, are few challenges faced by the industry. However, regulations imposed by regulatory authorities, such as the Food and Drug Administration , limits the market players. A few trends that impact the market include progressive clinical trials, rise in utilization of percutaneous endovascular aneurysm repair, inclination for different AAA repair strategies, and innovative developments.

 

Technological advancements in the industry, which include advent of novel stent grafts & sealing systems and catheters have resulted in rapid growth of the market and increase the demand for EVAR techniques. Moreover, compatibility of endovascular aneurysm repair among patients and several aforementioned benefits have made EVAR as a standard intervention for AAA treatment. 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. A rise in number of endovacular diseases, and cardiac problems are the key trends for endovascular aneurysm repair market.

A. Endovascular aneurysm repair system is used in applications such as hospitals, specialty clinics, and ambulatory surgical centers.

A. North America region dominates the market in 2020, and LAMEA is expected to grow at significant CAGR.

A. The market size of endovascular aneurysm repair market is $ 2,646.6 million in 2020.

A. Abbott Industries, Endologix Inc, and Terumo Medical Corporation are some of the players in the endovascular aneurysm repair market.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Endovascular Aneurysm Repair Market

Start reading instantly.
This Report and over 19,644+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Mar 2023 - Mar 2024)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2023 - Mar 2024)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2023 - Mar 2024)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2023 - Mar 2024)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2023 - Mar 2024)
  • Library
    Membership

  • $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers