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Vascular Surgery and Endovascular Procedures Market 2020 Growth Analysis: BD, B. Braun Melsungen AG, Edwards Lifesciences Corporation, Synovis Micro Companies Alliance, Inc., pfm medical ag
Vascular Surgery and Endovascular Procedures Market
Few of the major competitors currently working in the vascular surgery and endovascular procedures market are BD, B. Braun Melsungen AG, Edwards Lifesciences Corporation, Synovis Micro Companies Alliance, Inc., pfm medical ag, KLS Martin Group, Mercian Cycles, Life Systems Medical Pty Ltd., Boss Instruments, Ltd, assi.in, PRECISION MEDICAL PRODUCTS., NEWTECH MEDICAL DEVICES, Baroque Medical.
Global Vascular Surgery and Endovascular Procedures Market is set to witness a stable CAGR in the forecast period of 2019-2026. The report contains the data of the base year 2018 and historic year 2017. Rising diseases related to arterial, venous, and lymphatic systems is the major factor for the growth of this market.
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Market Definition:
Vascular surgery is a surgery which is done to treat the diseases related to the vascular system. On the other hand, endovascular surgery is used for treatment of the diseases which affects the blood vessels. Vascular surgery is a minimally invasive procedure and endovascular surgery is less invasive procedure. Aortic aneurysm, blood clots, deep vein occlusions, chylothorax, chylous effusions, renal aneurysms etc. are some of the common conditions that are treated through these surgeries.
Market Drivers
Rising cases of aneurysms among population is driving the growth of this market
Faster recovery rate of endovascular surgery as compared to the open surgery is another factor driving the growth of this market.
Market Restraints
Long recovery time of vascular surgery is restraining the growth of this market
High risk of brain damage and stroke during some surgery is another factor restraining the growth of this market
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Segmentation: Global Vascular Surgery and Endovascular Procedures Market
By Procedure
Aneurysm Repair
Bypass Surgery-Peripheral
Carotid Angioplasty and Stenting
Carotid Endarterectomy
Dialysis Access Surgery
Endovascular Repair
Stent Graft
Thromboendarterectomy
Thrombolytic Therapy
Varicose Vein Treatment
By Applications
Government Hospitals
Private Hospitals and Surgical Clinics
Academic and Research Institutes
By Vascular Surgery Products
Scissors
Forceps
Needle Holders
Scalpels
By Geography
North America
US
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia-Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Key Developments in the Market:
In March 2018, Terumo Corporation announced that they have acquired the large bore vascular closure device from Medeon Biodesign, Inc. The main aim is to expand their portfolio as there is increase in the percutaneous cardiac and peripheral catheterization procedures like Endovascular Aneurysm Repair (EVAR), Thoracic Endovascular Aneurysm Repair and Transcatheter Aortic Valve Implementation (TAVI). So, this device will help the company to get rapid and reliable hemostasis with good outcomes.
In October 2017, CryoLife announced that they have signed an agreement to acquire Jotec AG. The main aim of the acquisition is to create a new portfolio focused on aortic surgery which will help the CryoLife to grow in endovascular surgical markets. It will also help them to expand their cardiac and vascular surgery business.
Competitive Analysis:
Global vascular surgery and endovascular procedures market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vascular surgery and endovascular procedures market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
Current and future of global vascular surgery and endovascular procedures market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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