Endovascular Aneurysm Repair (EVAR) Market Trends Research & Projections for 2017–2025
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.
To get holistic SAMPLE of the report including table of contents, please click: https://www.coherentmarketinsights.com/insight/request-sample/1339
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.
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. 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. This is owing to implementation of the National Health Service program across the U.K. This involves screening for various disease conditions among the populace in the region. Successful implementation of this system has in turn led to fast detection of abdominal aneurysm especially in the U.K., Italy, and Sweden. This helps in early diagnosis of disease, thereby, increasing demand for AAA treatments such as EVAR.
To get detailed table of content (ToC): https://www.coherentmarketinsights.com/ongoing-insight/toc/1339
Key players operating in 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, Spectraneti
You may be interested
Carbon Nanotubes (CNT) Market – Increasing Healthcare Applications To Boost Market GrowthMohit Joshi - October 18, 2018
The Carbon Nanotubes (CNT) Market is expected to have a highly positive growth outlook from 2018-2026 according to a recently released Carbon Nanotubes (CNT) Market research report. The…
LiquiForm Technology Recognized as Dow Diamond FinalistMohit Joshi - October 18, 2018
LiquiForm technology recognized as Dow Diamond finalist, according to a report published on September 17, 2018. LiquiForm form/fill technology of Amcor Rigid Plastics offers higher efficiency, superior…
Increasing Prevalence Of Diabetes And Rising Geriatric Population Will Drive The Overall Disposable Insulin Pen MarketMohit Joshi - October 17, 2018
The Disposable Insulin Pen Market is expected to have a highly positive growth outlook from 2018-2026 according to a recently released research report. The report has been…