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According to the U.S. Population Reference Bureau, the population aged 65 years and above is expected to increase from 46 million in 2014 to over 98 million by 2060. With increasing geriatric population, prevalence of aneurysm is also expected to increase. Europe is expected to be the second largest market for EVAR.
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Endovascular Aneurysm Repair (EVAR) Market - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017- 2025 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Endovascular Aneurysm Repair (EVAR) Market – Overview Aortic aneurysm is a medical condition, in which aorta, gets enlarged. Abdominal and Thoracic are two categories of aortic aneurysm. These conditions can lead to abdominal pain, low blood pressure, loss of consciousness or even death. Endovascular aneurysm repair (EVAR) is a minimally invasive surgical method to treat abdominal and thoracic aortic aneurysm. It is an alternative to open surgery for abdominal aortic aneurysm (AAA), which makes it relatively safe and less time consuming. However, not all patients suffering from aneurysm are suitable for EVAR. Also, it is difficult to treat aneurysm near or on the kidney using EVAR. Increasing demand for minimally invasive surgeries to treat various medical conditions to boost growth of endovascular aneurysm repair (EVAR) market According to a study published in the New England Journal of Medicine, 2016, the number of patients opting for endovascular aneurysm repair has increased significantly during 2005–2012. For instance, in 2005, the percentage of patients in the U.S. suffering from aneurysm opting for EVAR was around 50%, which increased to 75.4% in 2012. A similar pattern was observed in England. Increasing consumer inclination towards this revolutionary procedure is attributed to it being a minimally-invasive method of treatment that requires minimal stay in hospitals, smaller incisions, less scaring, and aids in rapid recovery. This is expected to aid in growth of the market. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Endovascular Aneurysm Repair (EVAR) MarketTaxonomy: 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 By End Users Hospitals Ambulatory care services Speciality clinics Request report sample for more professional and technical insights: https://www.coherentmarketinsights.com/insight/request-sample/1339 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Endovascular Aneurysm Repair (EVAR) MarketTaxonomy: By Geography North America Europe Asia Pacific Latin America Middle East Africa North America is expected to hold a dominant position in global endovascular aneurysm repair (EVAR) market over the forecast period North America accounted for the largest share in the global endovascular aneurysm market in 2016, owing to increasing prevalence of aneurysms and rising geriatric population, which is more prone to this condition. According to the New England Journal of Medicine, 2016, 278,921 patients underwent repair of abdominal aortic aneurysm in the U.S. during 2005–2012. According to Centers for Disease Control and Prevention (CDC), in 2014, aortic aneurysms led to death of 9,863 in the U.S. Moreover, aneurysm is more prevalent is geriatric population i.e. 50 years and above. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Endovascular Aneurysm Repair (EVAR) Market: Key Players Major players involved in the global endovascular aneurysm market include: Medtronic plc. ● Cook Medical ● Gore Medical ● B. Braun Melsungen AG ● Terumo Corporation ● Boston Scientific Corporation ● Abbott Laboratories ● Volcano Corporation ● C.R. Bard ● Ask for customization: https://www.coherentmarketinsights.com/insight/request-customization/1339 © Coherent market Insights. All Rights Reserved
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