Global Abdominal Aortic Aneurysm Market, By Treatment (Open Abdominal Surgery and Endovascular Repair), Product (Stent Graft, Synthetic Stent Graft, Catheter, Guidewire, Vascular Closure Devices, Balloon Inflation Devices, Others), Site (Infrarenal AAA and Parerenal AAA), End-Users (Clinics, Hospitals, Ambulatory Surgical Center, Others), Distribution Channel (Direct Tender, Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: : Global Abdominal Aortic Aneurysm Market
Abdominal aortic aneurysm market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market is growing at a CAGR of 8.90% in the above-mentioned research forecast period. Rising geriatric population and increasing prevalence of atherosclerosis, syphilis and medical cystic necrosis will boost the market growth.
Technological advancements and availability of reimbursement for medical devices also boost up the market growth. Moreover, increasing research and development and rising healthcare expenditure act as opportunity for the market growth. But, complications associated with surgical procedures and strict regulatory framework among others may hamper the abdominal aortic aneurysm market.
Abdominal aortic aneurysm is characterized as the enlarged in aorta, the major blood vessel which supplies blood to the whole body parts. As aorta is responsible for blood transportation through the body any damage associated with it can lead to life- threatening bleeding. The major complication caused by aortic aneurysm includes deep, constant pain in abdomen, back pain and a pulse near the bellybutton. There are a number of factor which can lead to development of aortic aneurysm including hardening of the arteries, blood vessel disease, high blood pressure, infection in the aorta, trauma among others.
Abdominal aortic aneurysm can be treated by surgery which involves open abdominal surgery and endovascular repair. The different types of products used for performing surgical procedures are stent graft, synthetic stent graft, catheter, guidewire, vascular closure devices, and balloon inflation devices among others.
The prevalence of atherosclerosis is increasing worldwide which is the major associated factors leads to development of aortic aneurysm. Moreover, geriatric population is more prone to the disease. This affected population demands advanced therapies and treatment and hence expected to provide market with the lucrative growth. This abdominal aortic aneurysm market provides details of market share, new developments and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Abdominal aortic aneurysm Market Scope and Market Size
Abdominal aortic aneurysm market is segmented on the basis of treatment, product, site, end-users and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of treatment, the abdominal aortic aneurysm market is segmented into open abdominal surgery and endovascular repair.
- On the basis of product, the abdominal aortic aneurysm market is segmented into stent graft, synthetic stent graft, catheter, guidewire, vascular closure devices, balloon inflation devices, others.
- On the basis of site, the abdominal aortic aneurysm market is segmented into infrarenal AAA and parerenal AAA.
- On the basis of end-users, the abdominal aortic aneurysm market is segmented into clinics, hospitals, ambulatory surgical center, others.
- On the basis of distribution channel, the abdominal aortic aneurysm market has also been segmented into direct tender, hospital pharmacy, retail pharmacy, online pharmacy, others.
Abdominal Aortic Aneurysm Market Country Level Analysis
Abdominal aortic aneurysm market is analysed and market size information is provided by country, treatment, product, site, end-users and distribution channel as referenced above.
The countries covered in the abdominal aortic aneurysm market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.
On geographical estimation, North America accounts the largest market share due to the increasing prevalence of atherosclerosis. Moreover, increasing research and development is also boosting the growth of market. Europe is also expected to the increasing burden of cardiovascular disease and increasing market player initiatives to widen their product distribution network. Asia-Pacific is expected to account for the largest market share owing to rising awareness regarding the advanced treatment options and increasing focus of market players towards the emerging economies.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Patient Epidemiology Analysis
Abdominal aortic aneurysm market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.
Competitive Landscape and Abdominal Aortic Aneurysm Market Share Analysis
Abdominal aortic aneurysm market competitive landscape provides details by competitor details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to abdominal aortic aneurysm market.
The major players covered in the abdominal aortic aneurysm market are Bentley Motors, Braile Biomédica, Cook Medical, ENDOLOGIX LLC, W. L. Gore & Associates, Inc., Lombard Medical, JOTEC GmbH, Medtronic, Terumo Corporation, Cardinal Health, MicroPort Scientific Corporation, Teleflex Incorporated, ST. STONE MEDICAL DEVICES PVT. LTD., Atrion Medical Products, Inc., Frisch Medical Devices PVT LTD., Advin Health Care among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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