abdominal aortic aneurysm (aaa) repair devices market
TRANSCRIPT
“Rise in the adoption of minimally invasive procedures, favourable reimbursements, and the unpenetrated opportunities in the complex anatomy segment would boost the market growth. In addition, increase in out-of-pocket expenses is expected to boost the adoption of EVAR in the developing regions.”
Pallavi Jaiswal
ABDOMINAL AORTIC ANEURYSM
REPAIR DEVICES MARKET
• Abdominal aortic aneurysm repair devices market was valued at $1,844 million in 2015,and is estimated to reach $2,614 million by 2022, registering a CAGR of 5.1% from 2016 to2022. The endovascular stent graft system segment is expected to generate the highestrevenue, and is projected to dominate the market during the study period.
• Abdominal aortic aneurysm (AAA) is a condition that affects majorly the geriatricpopulation (above 65 years of age). The abdominal aortic aneurysm repair devices marketis growing at a steady pace owing to technological advancements in the aneurysm repairprocedures.
• The endovascular stent graft system segment accounted for the more than two-thirdsshare of the overall market in 2015.
• North America lead the global market, owing to increase in prevalence of AAA. NorthAmerica and Europe together accounted for around four-fifths share in 2015.
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ABDOMINAL AORTIC ANEURYSM
REPAIR DEVICES MARKET OVERVIEW
• Based on product type, in 2015, endovascular stent graft system segment accounted for the highest revenue in the market.
• Traditional anatomy segment is expected to grow at a significant CAGR of 6.3% in Asia-Pacific, due to growth in geriatric population.
• LAMEA is projected to be the one of the fastest growing region, owing to the presence of ample growth opportunities in terms of unmet medical needs for the treatment of AAA, and increased disposable income of the population.
• In 2015, Japan and China jointly accounted for about two-thirds share of the Asia-Pacific abdominal aortic aneurysm repair devices market.
ABDOMINAL AORTIC ANEURYSM REPAIR
DEVICES MARKET KEY FINDINGS
• The study provides an in-depth analysis of the market along with current trendsand future estimations to elucidate the imminent investment pockets.
• It provides a quantitative analysis from 2014 to 2022 to enable stakeholders tocapitalize on the prevailing opportunities in the abdominal aortic aneurysm repairdevices industry.
• Extensive analysis of the market based on products helps understand the type ofdevices used to treat abdominal aortic aneurysm.
• Competitive intelligence highlights the business practices followed by leadingplayers across various regions.
• Extensive analysis of the market is conducted by following key product positioningand monitoring the top contenders within the market framework.
ABDOMINAL AORTIC ANEURYSM REPAIR
DEVICES MARKET KEY BENEFITS
ABDOMINAL AORTIC ANEURYSM REPAIR
DEVICES MARKET BY GEOGRAPHY
North America, Europe, Asia-Pacific, LAMEA
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aortic-aneurysm-repair-devices-market