Endovascular Aneurysm Repair Market to be US$ 3.8 Billion by 2024

“Endovascular Aneurysm Repair Market is expected to surpass US$ 3.8 Billion by the end of year 2024.”
Renub Research latest study report “Endovascular Aneurysm Repair Market, Patient Numbers, Global Analysis by Stent Graft (Abdominal Aortic Aneurysm (AAA), Thoracic Aortic Aneurysm (TAA), Thoracoabdominal Aortic Aneurysm (TAAA) Region (BRICs, Europe, North America, US), End-User (Hospital, Ambulatory Surgery Center) Companies (Lombard Medical Inc., Medtronics, Endologix Inc., Terumo Corporation, LeMaitre Vascular)” provides a detailed and comprehensive insight of the Global Stent Graft Market.

Increasing cardiovascular disease across the world is the core reason that propels Endovascular Aneurysm Repair market growth. Rising demand of minimally invasive procedure is also fuelling the growth of Endovascular Aneurysm Repair market. In current scenario, people are highly health conscious and adopting new and novel technology that has simple procedure and quite effective over traditional procedure. In traditional surgical process, many complexities and risks are involved whereas Stent graft mitigates such kind of risk and complexities with fewer side effects. There are several kinds of Stent graft specifically designed to arteries and blood vessels. In the early year Stent grafts are designed specifically for person, design and size of the Stent graft differ from person to person. Later manufacturer designed Stent graft in standard size and shape based on certain product like abdominal aorta and thoracic aorta etc. Medtronic is one of the largest players Stent graft market that comprises largest market share.

In the case of artery localized swelling, aneurysm is repaired via delivering Stent graft into artery. Basically there are three kinds of aneurysm repair via specific Stent graft:

1. Abdominal Aortic Aneurysm: stents grafts are inserted into abdominal aorta to fix the problem of aneurysm.

2. Thoracic Aortic Aneurysm: stents grafts are inserted into Thoracic aorta to fix the problem of aneurysm.

3. Thoracoabdominal Aortic Aneurysm: stents grafts are inserted between throat and abdominal aorta to fix the problem of aneurysm.

 

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Peripheral vascular graft fixes the problem of coronary artery disease and vein blockage. It inserted via limbs. Peripheral vascular surgical graft is delivered to restore blood flow in the arteries and vein of patients. A patient with peripheral artery disease quickly develops tightening and narrowing the arteries and further form plaque. It causes severe consequences such as stroke, heart attack, limb amputation etc. People mostly prefer hospital for the treatment of aortic aneurysm and fewer patients around the world go for treatment endovascular disease via ambulatory surgery center.

 

          

 

The stent graft or vascular graft made up of different fabrication and raw materials based on lifespan, durability and bio-compatibility of products. Medical professionals recommended it on the basis of medical conditions and age of the patients.

1. Polyester
2. ePTFE
3. Polyurethane
4. Biosynthetic

 

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United States comprises largest market share of vascular graft market in North American regions. Asia pacific gradually adopting vascular graft technology due to fast regulatory approvals and people from developing countries also prefer less invasive technique for treatment. Thus Asia-pacific will further boost the market of vascular graft.

Medtronic recently launched minimally invasive treatment for type 3 thoracoabdominal aortic aneurysms (TAAA). According to Medtronic the mortality rate is almost 25 %, if treating with open surgical procedure because it involves cutting and open the aorta to access it. Most of United States patients suffered from abdominal aortic aneurysm than thoracic aortic aneurysm. In the conclusion, stent graft market will outperform in forecast period due to its feature like simple procedure, less invasive and mitigate mortality rate.

 

 

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Key Topics Covered 

1. Executive Summary

2. Global Stent Graft (Endovascular Aneurysm Repair) Market & Patient Numbers
2.1 Market & Forecast
2.2 Patient Numbers & Forecast

3. Market Share – Stent Graft
3.1 By Product (Endovascular Aneurysm Repair)
3.2 By Region – Abdominal Aortic Aneurysm (AAA)
3.3 By Region – Thoracic Aortic Aneurysm (TAA)
3.4 By Region – Thoracoabdominal Aortic Aneurysm (TAAA)

4. Stent Graft Market & Patient Numbers – Endovascular Surgery (Endovascular Aneurysm Repair)
4.1 Abdominal Aortic Aneurysm (AAA)
4.2 Thoracic Aortic Aneurysm (TAA)
4.3 Thoracoabdominal Aortic Aneurysm (TAAA)

5. Region (Market & Patient Numbers) – Abdominal Aortic Stent Graft
5.1 BRICs (Excluding China)
5.2 China
5.3 European Union
5.4 North America

6. Region (Market & Patients) – Thoracic Aortic Stent Graft
6.1 Europe
6.2 North America
6.3 Rest of World (ROW)

7. Region (Market & Patients) – Thoracoabdominal Aortic Stent Graft
7.1 Europe
7.2 North America
7.3 Rest of World (ROW)

8. End-User – Global Stent Graft (Market & Patients)
8.1 Hospital
8.2 Ambulatory Surgery Center

9. Lombard Medical Technologies – Company Overview
9.1 Merger / Acquisition
9.2 Company Sales

10. Medtronic Inc. – Company Analysis
10.1 Company Overview
10.2 Merger/Acquisition
10.3 Company Sales

11. Endologix Inc. – Company Analysis
11.1 Company Overview
11.2 Merger/Acquisitions
11.3 Company Sales

12. Terumo Corporation – Company Analysis
12.1 Company Overview
12.2 Merger/Acquisition
12.3 Company Sales

13. LeMaitre Vascular – Company Analysis
13.1 Company Overview
13.2 Merger/Acquisition
13.3 Company Sales

14. Growth Drivers
14.1 Increasing Prevalence of Cardiac Diseases Risk Factors
14.2 Growing Geriatric (Old) Population with Heart Diseases
14.3 Growing Technological Advancement in Minimally Invasive Procedures

15. Challenges
15.1 High Cost of Medical Treatment
15.2 Risk of Complications Associated with the Treatment

  

 

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