Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market is expected to reach $XX Mn by 2026 from $XX Mn in 2019, at a CAGR of 8.5% during forecast period.
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market Overview:
An aortic aneurysm is a condition of widening of the aorta which can ultimately rupture the artery. Abdominal aortic aneurysm (AAA) is a localized enlargement of the abdominal aorta such that the diameter is greater than 3 cm or more than 50% larger than normal. They usually cause no symptoms, except during rupture.
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market Dynamics:
Growing adoption of technologically advanced products and rising geriatric population are the major factors contributing to the market growth.
An increase in demand for technologically advanced products, minimally invasive procedures, and rising research and development activities in vascular grafts are expected to drive the market during the forecast period. Apart from this, other causes of Abdominal Aortic Aneurysm like increasing addiction to smoking, hypertension, and vascular inflammation are the factors boosting the global abdominal aortic aneurism valve prostheses market. However, the high cost of the surgery and complications associated with the treatment methods are some of the restraints for the market.
The report has profiled eighteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market Segment Analysis:
The Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market is segmented on the basis of Product Type, Treatment Type and End-Users.
Based on Treatment Type, the Endovascular Aneurysm Repair segment is expected to dominate the global market during forecast years. This procedure has improved patient survival despite the high cost of care. AAA has a high mortality rate of 80% in case of rupture. Endovascular repair (EVAR) is the placement of a stent-graft (fabric-covered tube) into the aneurysm through a small hole in the blood vessels in the groin. Increase demand for this minimally invasive procedure is due to the low cost of the procedure, reduced hospital stays and patient trauma, and high success rate offered by technologically advanced devices.
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market
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Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market Regional Insights:
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market
North America is expected to dominate the global market during forecast period.
Ongoing technological advancements in the healthcare sector and prevalence of cardiovascular diseases and other chronic diseases in the US augment the market growth in the region. Advantages of this procedure, such as minimally invasive technique offering faster recovery of patients are among the key factors propelling their adoption in the country.
Asia Pacific is expected as the fastest growing region during forecast period.
APAC is experiencing the fastest growth as the geriatric population increasing rapidly more prone to chronic diseases, rising awareness, favorable government policies, increased in healthcare expenditure and modernization in medical infrastructure essentially in developing nations like India, China, and Japan.
The report also helps in understanding Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market dynamics, structure by analyzing the market segments and project the Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market make the report investor’s guide.
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market Scope: Inquire before buying
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market, by region:
• North America
• Europe
• South America
• MEA
• APAC
Global Abdominal Aortic Aneurysm (AAA) Valve Prostheses Market, Key players:
• Medtronic
• Cook Medical
• B. Braun Melsungen AG
• VASCUTEK Ltd
• ENDOLOGIX,Inc
• Cardinal Health
• Lombard Medical Inc
• JOTEC GmbH
• W.L Gore and associates
• Bolton Medical
• AbbVie Inc.
• Cardiatis S.A.
• C. R. Bard, Inc.
• Lombard Medical, Inc.
• Terumo Corporation
• WefernLife
• Braile Biomdica
• MicroPort Scientific Corporation.
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