Endovascular Aneurysm Repair Devices Market Overview

Market Research Future (MRFR) predicts the global endovascular aneurysm repair devices market to grow at a CAGR of 6.4% over the forecast period, according to a new report. The global endovascular aneurysm repair devices market is likely to grow at a steady growth rate over the forecast period due to the growing prevalence of endovascular aneurysms and the increasing awareness about their treatment. The steady technological advancement in the global endovascular aneurysm repair devices market is likely to be a major driver for the market over the forecast period.

Endovascular aneurysms occur when the aorta develops a weakened spot; they are defined as a localized enlargement that is more than 50% larger than the normal diameter of the aorta. Endovascular aneurysms mostly occur in elderly men and are caused by persistent cardiovascular diseases and a longstanding smoking habit. The weakening in the aorta can cause a bulge, which can affect the blood pressure and blood distribution patterns in the body. If the aneurysm ruptures, it can result in a catastrophic disruption in the blood pressure, possibly resulting in death. To prevent this situation, the aneurysm is repaired with the Endovascular Aneurysm Repair Devices Market Demand repair procedure. The growing prevalence of endovascular aneurysms is likely to drive the global endovascular aneurysm repair devices market over the forecast period.

The decreased recovery time due to endovascular aneurysm repair over open surgery is a major driver for the global endovascular aneurysm repair devices market. Rapid technological advancements in the technological setup required for endovascular aneurysm repair is also likely to be a major driver for the global endovascular aneurysm repair devices market over the forecast period.

Endovascular Aneurysm Repair Devices Market Segmentation

• The global endovascular aneurysm repair devices market is segmented on the basis of indication, site, anatomy, and product type.
• On the basis of indication, the global endovascular aneurysm repair devices market is segmented into abdominal and thoracic aortic aneurysm. The thoracic aortic aneurysm segment is further subdivided into ascending, descending, thoracoabdominal, and thoracic arch aortic aneurysm.
• On the basis of site, the global endovascular aneurysm repair devices market is segmented into infrarenal and pararenal. The pararenal segment is further subdivided into juxtarenal and suprarenal.
• On the basis of anatomy, the global endovascular aneurysm repair devices market is segmented into traditional and complex.
• On the basis of product, the global endovascular aneurysm repair devices market is segmented into percutaneous EVAR, fenestrated EVAR, aortic stents and TAA grafts, and others.

Endovascular Aneurysm Repair Devices Market Regional Analysis

The market has been analyzed, by region, into the Asia-Pacific, the Americas, Europe, and the Middle East and Africa.

The Americas is estimated to lead global demand for endovascular aneurysm repair products, due to the increasing geriatric population and well-developed healthcare industry. For the increase in the geriatric population, the incidence of aneurysms is expected to rise.

Europe is expected to take second spot in the worldwide endovascular aneurysm rehabilitation products market. Market development in this region is attributable to the growing incidence of aneurysms, availability of research funds and a desirable scenario for reimbursement.

Thanks to the arrival of a huge number of patients and the steady economic develo, Asia-Pacific is predicted to be the fastest growing place on the market of the countries.

The Middle East Africa, on the other hand, has the least market share. The Middle East region is projected to retain a majority of this region 's business due to increasing policy policies for the healthcare sector. 

Endovascular Aneurysm Repair Devices Market Players

• Novartis Pharmaceuticals
• Hoffmann-La Roche
• Principia Biopharma Inc
• Argenx
• Sanofi S.A.
• Pfizer Inc.
• Teligent Inc
• Glaxo Smith Kline LLC
• Teva Pharmaceutical Industries.

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/endovascular-aneurysm-repair-devices-market-6485

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