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