Abdominal Aortic Aneurysm (AAA) Repair Devices Market
Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market Size, Share & Trends Analysis Report by Product Type (Endovascular Stent-Graft, Synthetic Graft, and Catheter Device) By Site (Infrarenal AAA, Suprarenal AAA, Pararenal AAA), by Treatment (Open Surgery and Endovascular Repair), Forecast Period 2019-2025 Update Available - Forecast 2024-2030
The abdominal aortic aneurysm repair devices market is anticipated to grow at a CAGR of 7.2% during the forecast period. The market is growing at a significant rate owing to various factors that include advancements of technology in the aneurysm repair procedures and rise in the geriatric population are projecting for the growth of abdominal aortic aneurysm repair devices market during the forecast period. Moreover, growth in the adoption of endovascular aneurysm repair (EVAR) procedures, availability of favorable reimbursements, and an increase in demand for minimally invasive treatment is boosting the growth of the market. However, lack of availability of products to treat complex anatomy, increasing the cost of the procedures and lack of awareness in emerging regions are the factors that are hampering the growth of the market.
Rising awareness regarding abdominal aortic aneurysm is creating lucrative opportunities for the market. There are various factors such as poor dietary habits that are increasing the prevalence of cardiovascular diseases (CVD) fueling the demand for treatment and devices for abdominal aortic aneurysm repair. Moreover, the stringent regulations govern new products launched to maintain the quality in the developed economy such as the US may limit the market growth.
Segmental Outlook
The global abdominal aortic aneurysm repair device market is segmented on the basis of product type, site, and treatment. Based on product type, the market is segmented into endovascular stent graft, synthetic graft, and catheter device. The endovascular stent-graft is anticipated to grow at a significant rate owing to the advancement in stent-graft designing. Based on site, the market is diversified into infrarenal AAA, suprarenal AAA, and pararenal AAA. The infrarenal AAA has prominent in the market share in terms of revenue. Based on treatment, the market is segmented into open surgery and endovascular repair.
The open surgery is highly invasive and required a longer recovery period and treatment option available for only low-risk patients. Endovascular repair is expected to have the fastest growth rate during the forecast period due to the rising adoption of endovascular treatment with the advancement in technology, lower morbidity, and shorter hospital stays.
Regional Outlook
The global abdominal aortic aneurysm repair device market is further segmented based on geography including North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is expected to hold the largest share in the market and anticipated to continue to dominate the market during the forecast period due to large adoption rate of advanced technology, growing awareness to patients regarding the availability of screening programs for the treatment and diagnosis of the disease, and increasing geriatric population. Along with it, well-developed healthcare infrastructure and the presence of key players are boosting the growth of the market in the region. The market in Asia-Pacific is expected to be the fastest-growing region mainly due to rising efforts to improve healthcare facilities, growth in population, growing awareness in the advanced treatment method, and presence of emerging countries include India and China.
Global Abdominal Aortic Aneurysm Repair Devices Market Growth, by Region 2019-2025
Market Players Outlook
The key players of abdominal aortic aneurysm repair devices market include Cook Medical, Inc., Medtronic PLC, Endologix, Inc., Terumo Corp., W. L. Gore & Associates, Inc., Cardinal Health, Inc., Boston Scientific Corp., CryoLife, Inc, and C. R. Bard, Inc. These companies are highly active in the market and adopting various strategies in order to stay competitive in the market. For instance, in November 2019, Terumo Corp. acquired Aortica Corp., a US-based company focused on developing personalized vascular therapy. The aim of the acquisition is to improve graft design to minimize endoleaks and migration that can result from the endovascular treatment of complex abdominal aortic aneurysms. Additionally, Terumo will advance the development of the Aortica’s products and is expected to launch them in the US, Europe, Japan, and other areas.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Abdominal aortic aneurysm repair devices market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Cook Medical, Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. W. L. Gore & Associates, Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Medtronic PLC
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Cordis Corp. (A Cardinal Health Company)
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Boston Scientific Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Abdominal Aortic Aneurysm Repair Devices Market by Product Type
5.1.1. Endovascular Stent Graft
5.1.2. Synthetic Graft
5.1.3. Catheter Devices
5.2. Global Abdominal Aortic Aneurysm Repair Devices Market by Site
5.2.1. Infrarenal AAA
5.2.2. Suprarenal AAA
5.2.3. Pararenal AAA
5.3. Global Abdominal Aortic Aneurysm Repair Devices Market by Treatment
5.3.1. Open Surgery
5.3.2. Endovascular Repair
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abbott laboratories, Inc.
7.2. Aran Biomedical
7.3. Boston Scientific Corp.
7.4. Braile Biomedica
7.5. C. R. Bard, Inc. (A Becton Dickinson Company)
7.6. Cardiatis S.A.
7.7. Cordis Corp. (A Cardinal Health Company)
7.8. Cook Medical, Inc.
7.9. CryoLife, Inc.
7.10. Endologix, Inc.
7.11. Medtronic PLC
7.12. Microport Scientific Corp.
7.13. Terumo Corp.
7.14. W. L. Gore & Associates, Inc.
1. GLOBAL ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
2. GLOBAL ENDOVASCULAR STENT GRAFT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL SYNTHETIC GRAFT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL CATHETER DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL GUIDEWIRE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY SITE, 2018-2025 ($ MILLION)
7. GLOBAL INFRARENAL AAA MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL SUPRARENAL AAA MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL PARARENAL AAA MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2018-2025 ($ MILLION)
11. GLOBAL OPEN SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL ENDOVASCULAR ANEURYSM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. NORTH AMERICA ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
14. NORTH AMERICAN ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
15. NORTH AMERICAN ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY SITE, 2018-2025 ($ MILLION)
16. NORTH AMERICAN ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2018-2025 ($ MILLION)
17. EUROPE ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
18. EUROPE ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
19. EUROPE ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY SITE, 2018-2025 ($ MILLION)
20. EUROPE ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2018-2025 ($ MILLION)
21. ASIA-PACIFIC ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
22. ASIA-PACIFIC ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
23. ASIA-PACIFIC ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY SITE, 2018-2025 ($ MILLION)
24. ASIA-PACIFIC ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2018-2025 ($ MILLION)
25. REST OF THE WORLD ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2018-2025 ($ MILLION)
26. REST OF THE WORLD ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY SITE, 2018-2025 ($ MILLION)
27. REST OF THE WORLD ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2018-2025 ($ MILLION)
1. GLOBAL ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SHARE BY PRODUCT TYPE, 2018 VS 2025 (%)
2. GLOBAL ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SHARE BY SITE, 2018 VS 2025 (%)
3. GLOBAL ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SHARE BY TREATMENT, 2018 VS 2025 (%)
4. GLOBAL ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. THE US ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
7. UK ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD ABDOMINAL AORTIC ANEURYSM REPAIR DEVICES MARKET SIZE, 2018-2025 ($ MILLION)
