Press release
Soaring Demand Set to Propel Arteriovenous Malformations Market to $4.1 Billion by 2029
Arteriovenous Malformations Market
What Is the Expected CAGR for the Arteriovenous Malformations Market Through 2025?
The overall valuation of the arteriovenous malformations sector has experienced considerable expansion recently, projected to increase from its 2024 figure of $2.88 billion to $3.1 billion by 2025, reflecting a steady compound annual growth rate (CAGR) of 7.7%; this upward trajectory during the past period is fundamentally driven by the escalating incidence of arteriovenous malformations, a greater occurrence of both neurological conditions and brain disorders, a growing demand for superior therapeutic interventions for uncommon ailments, augmented governmental backing for scientific inquiry and development initiatives, alongside expansion within commercial enterprises.
What's the Projected Size of the Global Arteriovenous Malformations Market by 2029?
Anticipation surrounds the arteriovenous malformations sector, projecting robust expansion ahead, with its market valuation set to reach $4.1 billion by 2029, driven by a compound annual growth rate (CAGR) of 7.2% throughout this projection timeframe. This escalating trajectory is primarily fueled by the increased adoption of gene therapy, a surging requirement for sophisticated medical apparatus, greater consumer expectations for superior healthcare provisioning, heightened prescription rates for neurological pharmaceuticals, and the natural demographic shift accompanying an aging populace. Key developments shaping this market domain over the forecast horizon encompass progress in therapeutic modalities, leaps forward in medical device engineering, refinements in microsurgical procedures, development of novel catheter systems, and expansion of less invasive surgical approaches.
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Top Growth Drivers in the Arteriovenous Malformations Industry: What's Accelerating the Market?
Anticipated escalation in the need for less invasive medical interventions is projected to fuel the expansion of the arteriovenous malformations market from this point onward. These procedures, characterized by operations or treatments executed via minor cuts or catheter-based methods, are favored because they lessen physical trauma, shorten recuperation periods, and lessen the likelihood of issues arising. In fact, the preference for minimally invasive surgery is increasing precisely because these methods entail smaller incisions, meaning less tissue disruption and consequently accelerating the healing process, enabling individuals to resume their normal routines much faster than after conventional open surgery, which is why both patients and medical professionals favor this approach. Arteriovenous malformations benefit from the adoption of minimally invasive techniques, such as image-guided endovascular embolization, where catheters are utilized to restrict aberrant blood flow without the necessity of opening the body cavity, resulting in diminished hazards, quicker patient recovery, and superior results. Illustratively, data from the American Society of Plastic Surgeons indicated that in September 2023, for the year 2023 overall, 25,442,640 cosmetic minimally invasive procedures were completed, marking an uptick from the 23,672,269 procedures documented in 2022, signifying a seven percent expansion in these less invasive treatments across both sexes during 2023; consequently, the heightened consumer interest in procedures requiring minimal invasion acts as a major catalyst for the growth trajectory of the arteriovenous malformations sector.
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What Trends Will Shape the Arteriovenous Malformations Market Through 2029 and Beyond?
Key players within the arteriovenous malformations market are prioritizing innovation in technology, specifically through liquid embolic system procedural sets, aiming to refine treatment methods and enhance results for those affected. This procedural set for liquid embolics is essentially a sterile, pre-packaged collection that holds all the necessary implements needed to administer liquid embolic agents for resolving vascular irregularities, such as AVMs. As an illustration, in March of 2024, CERENOVUS Inc., a neurovascular solutions firm located in the United States and affiliated with Johnson and Johnson MedTech, introduced its TRUFILL n-BCA liquid embolic system procedural set. This newly released configuration is available in two distinct formats and encompasses the required supplementary materials, all consolidated within one sterilized container, thus simplifying the preparatory phase for procedures targeting cerebral arteriovenous malformations.
What Are the Main Segments in the Arteriovenous Malformations Market?
The arteriovenous malformationsmarket covered in this report is segmented -
1) By Type: True Arteriovenous Malformation; Occult Or Cryptic; Cavernous Malformations; Venous Malformation; Hemangioma; Dural Fistula; Other Types
2) By Diagnosis: Physical examination; Brain Scans; Other Diagnosis
3) By Treatment: Endovascular Embolization; Neurosurgery
4) By Age Group: Adult Patients; Pediatric Patients
5) By End-User: Hospitals And Clinics; Research laboratories; Other End-Users
Subsegments:
1) By True Arteriovenous Malformation Type: Pial AVMs; Spinal AVMs; Brain AVMs; Extremity AVMs; Visceral AVMs
2) By Occult or Cryptic Type: Micro-AVMs; Hidden AVMs; Asymptomatic AVMs; Deep-Seated AVMs; Small-Scale AVMs
3) By Cavernous Malformations Type: Cerebral Cavernous Malformations (CCMs); Spinal Cavernous Malformations; Familial Cavernous Malformations; Solitary Cavernous Malformations; Multiple Cavernous Malformations
4) By Venous Malformation Type: Superficial Venous Malformations; Deep Venous Malformations; Mixed Venous Malformations; Syndromic Venous Malformations; Blue Rubber Bleb Nevus Syndrome
5) By Hemangioma Type: Infantile Hemangiomas; Capillary Hemangiomas; Lobular Capillary Hemangiomas; Cavernous Hemangiomas; Compound Hemangiomas
6) By Dural Fistula Type: Cranial Dural Arteriovenous Fistula (dAVF); Spinal Dural Arteriovenous Fistula; Direct Dural AV Fistula; Indirect Dural AV Fistula; High-Flow Dural Fistula
7) By Other Types: Lymphatic Malformations; Mixed Vascular Malformations; Arteriovenous Aneurysms; Hereditary Hemorrhagic Telangiectasia (HHT)-Associated AVMs; Rare Congenital AVMs
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Which Top Companies are Driving Growth in the Arteriovenous Malformations Market?
Major companies operating in the arteriovenous malformations market are Johnson And Johnson Services Inc., Siemens AG, Medtronic Plc, Koninklijke Philips N V, Stryker Corporation, GE Healthcare Technologies Inc, Cedars-Sinai, Penn Medicine, Terumo Corporation, Eisai Co Ltd, Cook Medical LLC, Elekta AB, Merit Medical Systems Inc., Penumbra Inc., Max Healthcare, RWJBarnabas Health, Balt LLC, Booking Health GmbH, Duke University Health System, Shape Memory Medical Inc.
Which Regions Will Dominate the Arteriovenous Malformations Market Through 2029?
North America was the largest region in the arteriovenous malformations market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the arteriovenous malformations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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