Abdominal Aortic Aneurysm Repair Devices Market is Expected to Touch a Value of $2,614 Million by 2022
Global 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 to 2022. The endovascular stent graft system segment is expected to generate the highest revenue, and is projected to dominate the market during the study period.
Abdominal aortic aneurysm (AAA) is a condition that affects majorly the geriatric population (above 65 years of age). The abdominal aortic aneurysm repair devices market is growing at a steady pace owing to technological advancements in the aneurysm repair procedures. The market growth is driven by increase in geriatric population, rise in tobacco consumption, and technological advancements in repair devices & procedures. In addition, increase in adoption of EVAR procedures, rise in demand for minimally invasive treatment, and availability of favorable reimbursements are anticipated to fuel the market growth.
Do Enquiry for Sample Report @ https://www.alliedmarketresearch.com/request-sample/1950
However, high cost of the procedures, low availability of products to treat complex anatomy, that is, aneurysm with neck size less than 10 mm, and lack of awareness in developing regions are the factors that restrain the market growth.
The endovascular stent graft system segment accounted for the more than two-thirds share of the overall market in 2015. This is attributed to the wide adoption of endovascular stent graft system owing to its various advantages such as short hospital stay, less operative time, and minimally invasive nature.
The traditional anatomy segment accounted for highest share in 2015, as the EVAR products currently available are suitable for the treatment of aneurysms with neck length more than 10mm. However, complex anatomy segment is expected to witness a high CAGR during the analysis period. On the basis of site of abdominal aortic aneurysm, the infrarenal AAA repair devices segment accounted for the highest share in 2015, owing to high prevalence of infrarenal AAA.
Inquiry Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/1950
North America lead the global market, owing to increase in prevalence of AAA. North America and Europe together accounted for around four-fifths share in 2015. This is attributed to increased incidences of AAA and higher government expenditure on healthcare. Asia-Pacific is expected to witness the highest growth, due to increase in geriatric population, affordability, and improvement in healthcare facilities.
The Major Key players Are:
o Cook Medical Inc.
o Endologix, Inc.
o W. L. Gore & Associates, Inc.
o AbbVie Inc.
o Medtronic Plc.
o Cardinal Health Inc.
o Merck & Co., Inc.
o C. R. Bard, Inc.
o Lombard Medical, Inc.
o Terumo Corporation.
Obtain Report Details @ https://www.alliedmarketresearch.com/abdominal-aortic-aneurysm-repair-devices-market
Key Findings of the Abdominal Aortic Aneurysm Repair Devices Market
o Based on product type, in 2015, endovascular stent graft system segment accounted for the highest revenue in the market.
o Traditional anatomy segment is expected to grow at a significant CAGR of 6.3% in Asia-Pacific, due to growth in geriatric population.
o 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.
o In 2015, Japan and China jointly accounted for about two-thirds share of the Asia-Pacific abdominal aortic aneurysm repair devices market.
Infant Incubator Market: https://www.prnewswire.com/in/news-releases/global-infant-incubator-market-expected-to-reach-401-million-by-2023---allied-market-research-654439403.html
Dental CAD/CAM Materials & Systems Market: https://www.medgadget.com/2018/12/dental-cadcam-materials-systems-market-to-generate-huge-revenue-in-healthcrae-industry-by-2023.html
Blood Pressure Monitoring Devices Market: https://www.medgadget.com/2019/04/blood-pressure-monitoring-devices-market-is-booming-in-the-healthcare-industry-with-a-cagr-of-5-7-by-2022-amr.html
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Market Pulse: https://blog.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client's insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Abdominal Aortic Aneurysm Repair Devices Market is Expected to Touch a Value of $2,614 Million by 2022 here
News-ID: 1949815 • Views: 307
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for AAA
AAA welcomes Predictions of Gold Rally
A new Morgan Stanley Report predicting that gold’s rally will continue into the third quarter of 2014 has been welcomed by Alternative Asset Analysis (AAA). Boston, MA, February 02, 2013 - A new Morgan Stanley Report predicting that gold’s rally will continue into the third quarter of 2014 has been welcomed by Alternative Asset Analysis (AAA). The report predicts that the US Federal Reserve will carry on buying up gold to strengthen
AAA: Asian Real Estate Investments are Booming
Boston, MA, USA, December 18, 2012 -- Asian investors are extremely positive about the outlook for real estate in the region, according to Alternative Asset Analysis (AAA). The alternative investment advocacy group was keen to endorse the findings of the recent Colliers 2013 Global Investor Sentiment Survey. The survey found that 70 per cent of Asian investors said they planned to increase their investment in Asia and expand their property portfolio.
AAA welcomes Shariah-compliant Alternative investments
News that a major Bahrain-based alternative investment bank has increased its investment in US real estate has been welcomed by Alternative Asset Analysis (AAA) as a further sign of the popularity of alternative assets among Muslim investors. Boston, MA, November 24, 2011 - News that a major Bahrain-based alternative investment bank has increased its investment in US real estate has been welcomed by Alternative Asset Analysis (AAA) as a further sign
Green Investments Offer Major Returns Claims AAA
Alternative investment advisers Alternative Asset Analysis have announced new research showing that the global green economy was already worth £3.2 trillion by 2008/2009 - which should prompt more interest in alternative and ethical investments. Boston, MA, October 24, 2011 - The global green economy was already worth £3.2 trillion by 2008/2009, according to new research. This should prompt more interest in alternative and ethical investments, according Alternative Asset Analysis (AAA). The alternative
AAA Supports Alternative Investment Directive
Alternative Asset Analysis (AAA) has spoken out in support of the draft measures for Europe’s Alternative Investment Fund Managers (AIFM) directive. Boston, MA, August 22, 2011 -- Alternative Asset Analysis (AAA) has spoken out in support of the draft measures for Europe’s Alternative Investment Fund Managers (AIFM) directive. The trade body for the alternative market in Europe, Efama, said the rules published by the European Securities and Markets Authority (Esma) last month
AAA supports analysts readjustment of commodities ratings
Boston, MA, USA (August 19, 2011) -- Alternative Asset Analysis has announced its support for Bank of America Merrill Lynch's readjustment of its stance on commodities, preferring to favor non-cyclical commodities, such as gold, while oil has been downgraded as an alternative asset. Alternative Asset Analysis (AAA), a research organization that advocates alternative investments, agrees with the approach from BofA Merrill Lynch Global Commodity Research team, adding that gold is retaining