Insulin Delivery Devices Market – Global Outlook and Demand 2025
Increasing prevalence and incidence of diabetes is a major factor driving the insulin delivery devices market growth. According to the Centers for Disease Control and Prevention (CDC), 2014, about 29.1 million people in the U.S. have diabetes with a healthcare burden of around US$ 245 Bn and with an estimated 4.6–9.2% of pregnant women affected by gestational diabetes. Moreover, the Australian government launched National Diabetes Strategy (2016–20), for an action to prevent diabetes and support the people living with diabetes. Thus, rise in government initiatives to support diabetic patients is expected to favor growth of the insulin delivery devices market.
Increasing prevalence and incidence of diabetes is a major factor driving the insulin delivery devices market growth. According to the Centers for Disease Control and Prevention (CDC), 2014, about 29.1 million people in the U.S. have diabetes with a healthcare burden of around US$ 245 Bn and with an estimated 4.6–9.2% of pregnant women affected by gestational diabetes. Moreover, the Australian government launched National Diabetes Strategy (2016–20), for an action to prevent diabetes and support the people living with diabetes. Thus, rise in government initiatives to support diabetic patients is expected to favor growth of the insulin delivery devices market.
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Endovascular Aneurysm Repair (EVAR)<br />
<strong>Market</strong> -<br />
GLOBAL INDUSTRY INSIGHTS, TRENDS,<br />
OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-<br />
<strong>2025</strong><br />
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REPORT DESCRIPTION<br />
Endovascular Aneurysm Repair (EVAR) <strong>Market</strong> <strong>–</strong> Overview<br />
Aortic aneurysm is a medical condition, in which aorta, gets enlarged. Abdominal <strong>and</strong> 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. Endovascular aneurysm repair (EVAR) is a minimally invasive surgical method to treat abdominal<br />
<strong>and</strong> thoracic aortic aneurysm. It is an alternative to open surgery for abdominal aortic aneurysm (AAA), which<br />
makes it relatively safe <strong>and</strong> less time consuming. However, not all patients suffering from aneurysm are suitable<br />
for EVAR. Also, it is difficult to treat aneurysm near or on the kidney using EVAR.<br />
Increasing dem<strong>and</strong> for minimally invasive surgeries to treat various medical conditions to boost growth of<br />
endovascular aneurysm repair (EVAR) market<br />
According to a study published in the New Engl<strong>and</strong> 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 EVAR was around 50%, which increased to 75.4% in<br />
2012. A similar pattern was observed in Engl<strong>and</strong>. 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, <strong>and</strong> aids in rapid recovery. This is expected to aid in growth of the<br />
market.<br />
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REPORT DESCRIPTION<br />
Endovascular Aneurysm Repair (EVAR) <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 Aneurysm (AAA)<br />
Thoracic Aortic aneurysm (TAA)<br />
By End Users<br />
Descending Aortic Aneurysm<br />
Ascending Aortic Aneurysm<br />
Hospitals<br />
Ambulatory care services<br />
Speciality clinics<br />
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REPORT DESCRIPTION<br />
Endovascular Aneurysm Repair (EVAR) <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 />
(EVAR) 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 <strong>and</strong> rising geriatric population, which is more prone to this condition.<br />
According to the New Engl<strong>and</strong> 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 <strong>and</strong> 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 <strong>and</strong> above.<br />
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REPORT DESCRIPTION<br />
Endovascular Aneurysm Repair (EVAR) <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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