Press release
Endovascular Aneurysm Repair (EVAR) Market Grow Impressive Growth in Forecast During 2022-2028 | Medtronic plc. Cook Medical, Gore Medical, B. Braun Melsungen AG
OverviewAortic aneurysm is a medical condition in which the aorta becomes enlarged. The abdominal aortic aneurysm and the thoracic aortic aneurysm are two types of aortic aneurysm. These conditions can cause abdominal pain, low blood pressure, loss of consciousness, and even death. Endovascular aneurysm repair (EVAR) is a minimally invasive surgical method for the treatment of abdominal aortic aneurysms and thoracic aortic aneurysms. It is an alternative to open surgery for abdominal aortic aneurysm (AAA), which is relatively safe and requires less time. However, not all patients with aneurysms are suitable for EVAR. In addition, it is difficult to treat aneurysms near or in the kidney with EVAR.
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Drivers
The demand for minimally invasive surgery to treat various diseases has increased to promote the growth of the global endovascular aneurysm repair (EVAR) market. According to a 2016 study published in the New England Journal of Medicine, the number of patients who chose endovascular aneurysm repair increased significantly between 2005 and 2012. In 2005, the proportion of American aneurysm patients who chose EVAR was about 50%, and in 2012 it increased to 75.4%. A similar situation has occurred in the U.K.
Consumers are turning to this revolutionary surgery, which is credited as a minimally invasive treatment method that requires a minimal hospital stay, smaller incisions, fewer scars, and aids in quick recovery. This is expected to contribute to the growth of the global endovascular aneurysm repair (EVAR) market.
⏩ Top Key Manufacturers of the Report:
Medtronic plc. Cook Medical, Gore Medical, B. Braun Melsungen AG, Terumo Corporation, Boston Scientific Corporation, Abbott Laboratories, Volcano Corporation, C.R. Bard, Spectranetics International BV, Cordis Corporation (Johnson and Johnson Co.), and St. Jude Medical Inc.
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Endovascular Aneurysm Repair (EVAR) Market Taxonomy
By Product Type
Fenestrated Stent Graft
Adjunctive Stent Graft
Branched Stent Graft
Others
By Indication
Abdominal Aortic Aneurysm (AAA)
Thoracic Aortic aneurysm (TAA)
Descending Aortic Aneurysm
Ascending Aortic Aneurysm
Regional Analysis for Endovascular Aneurysm Repair (EVAR) Market:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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Some of the key questions answered in this report:
✦ What will the market growth rate, growth momentum, or acceleration the market carry during the forecast period?
✦ Which are the key factors driving the Endovascular Aneurysm Repair (EVAR) market?
✦ What was the size of the emerging Endovascular Aneurysm Repair (EVAR) market by value in 2022?
✦ What will be the size of the emerging Endovascular Aneurysm Repair (EVAR) market in 2028?
✦ Which region is expected to hold the highest market share in the Endovascular Aneurysm Repair (EVAR) market?
✦ What trends, challenges, and barriers will impact the development and sizing of the global Endovascular Aneurysm Repair (EVAR) market?
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