The report is titled as ‘Aortic Aneurysm Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the aortic aneurysm market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The aortic aneurysm market is expected to grow at a significant rate in the near future.
The global aortic aneurysm market in 2020 is estimated for more than US$ 3.6 Bn and expected to reach a value of US$ 7.1 Bn by 2028 with a significant CAGR of 8.9%.
MMC Overview
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
Aortic Aneurysm Market Dynamics
The high incidence of tobacco smoking conditions, the existence of exclusive healthcare infrastructure along the continual technical advancement medical and healthcare industry offers growth opportunities for the aortic aneurysm market. Factors like the growing lifestyle disease, rising adoption of minimally invasive endovascular surgeries coupled with the favorable reimbursement policies also positively impacts the market growth.
Mounting count of high blood pressure patients with the growing demand for invasive treatment and an upsurge in elderly people suffering from cardiovascular diseases are propelling the demand for innovative treatments and devices for abdominal and thoracic aneurysm repair.
However, the strict regulatory norms for approval of aortic aneurysm treatments and the lack of awareness about this condition hamper the market growth.
On the other hand, the factors like business expansion opportunities in developing regions, on-going mergers & acquisitions needs with the increasing clinical trials are expected to create growth opportunities for the market during the upcoming years.
The aortic aneurysm market in developed regions acknowledges having a fast growth, owing to the supportive medicare policies that cover more than 70% of the total cost of the treatment. Whereas, the developing regions witness flexibility in rules and regulations associated with the manufacturing of these medical devices that results in the introduction of low-cost products further aids the business growth.
Aortic Aneurysm Market Segmentation
The aortic aneurysm market is segmented on the basis of type, treatment, product, end-use, and by region.
By Type:
Thoracic Aortic Aneurysm (TAA)
Abdominal Aortic Aneurysm (AAA)
By Treatment:
Open Surgical Repair (OSR)
Endovascular Aneurysm Repair (EVAR)
By Product:
Stent Grafts
Catheters
By End Use:
Hospitals
Ambulatory Surgery Centers (ASC) & Clinics
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Aortic Aneurysm Market Competitive Landscape
Key players operating in the global aortic aneurysm market include Cook Medical (Cook Group), Endologix, Gore Medical (W. L. Gore & Associates), JOTEC (CryoLife, Inc.), Lombard Medical, MAQUET Holding B.V. & Co. KG., Medtronic PLC, Microport Scientific Corporation, and Terumo Corporation.
Regional Segmentation
On the basis of region, the aortic aneurysm market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
1. Global Aortic Aneurysm Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Aortic Aneurysm Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Aortic Aneurysm Market Snapshot
2.4. Global Aortic Aneurysm Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Aortic Aneurysm Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Aortic Aneurysm Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) Forecast, By Type
3.2.1. Thoracic Aortic Aneurysm (TAA)
3.2.2. Abdominal Aortic Aneurysm (AAA)
3.3. Global Aortic Aneurysm Market Attractiveness Index, By Type
4. Global Aortic Aneurysm Market, By Treatment
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Treatment
4.1.2. BPS Analysis, By Treatment
4.2. Market Revenue (US$Mn) Forecast, By Treatment
4.2.1. Open Surgical Repair (OSR)
4.2.2. Endovascular Aneurysm Repair (EVAR)
4.3. Global Aortic Aneurysm Market Attractiveness Index, By Treatment
5. Global Aortic Aneurysm Market, By Product
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Product
5.1.2. BPS Analysis, By Product
5.2. Market Revenue (US$Mn) Forecast, By Product
5.2.1. Stent Grafts
5.2.2. Catheters
5.3. Global Aortic Aneurysm Market Attractiveness Index, By Product
6. Global Aortic Aneurysm Market, By End-Use
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By End-Use
6.1.2. BPS Analysis, By End-Use
6.2. Market Revenue (US$Mn) Forecast, By End-Use
6.2.1. Hospitals
6.2.2. Ambulatory Surgery Centres (ASC) & Clinics
6.3. Global Aortic Aneurysm Market Attractiveness Index, By End-Use
7. Global Aortic Aneurysm Market, By Region
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Region
7.1.2. BPS Analysis, By Region
7.2. Market Revenue (US$Mn) Forecast, By Region
7.2.1. North America
7.2.2. Latin America
7.2.3. Europe
7.2.4. Asia Pacific
7.2.5. Middle East
7.2.6. Africa
7.3. Global Aortic Aneurysm Market Attractiveness Index, By Region
8. North America Aortic Aneurysm Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) Forecast, By Country
8.2.1. U.S. Aortic Aneurysm Market
8.2.2. Canada Aortic Aneurysm Market
8.3. North America Aortic Aneurysm Market, By Type
8.3.1. Thoracic Aortic Aneurysm (TAA)
8.3.2. Abdominal Aortic Aneurysm (AAA)
8.4. North America Aortic Aneurysm Market, By Treatment
8.4.1. Open Surgical Repair (OSR)
8.4.2. Endovascular Aneurysm Repair (EVAR)
8.5. North America Aortic Aneurysm Market, By Product
8.5.1. Stent Grafts
8.5.2. Catheters
8.6. North America Aortic Aneurysm Market, By End Use
8.6.1. Hospitals
8.6.2. Ambulatory Surgery Centers (ASC) & Clinics
8.7. North America Aortic Aneurysm Market Attractiveness Index
8.7.1. By Country
8.7.2. By Type
8.7.3. By Treatment
8.7.4. By Product
8.7.5. By End Use
9. Latin America Aortic Aneurysm Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. Brazil Aortic Aneurysm Market
9.2.2. Mexico Aortic Aneurysm Market
9.2.3. Argentina Aortic Aneurysm Market
9.2.4. Rest of Latin America Aortic Aneurysm Market
9.3. Latin America Aortic Aneurysm Market, By Type
9.3.1. Thoracic Aortic Aneurysm (TAA)
9.3.2. Abdominal Aortic Aneurysm (AAA)
9.4. Latin America Aortic Aneurysm Market, By Treatment
9.4.1. Open Surgical Repair (OSR)
9.4.2. Endovascular Aneurysm Repair (EVAR)
9.5. Latin America Aortic Aneurysm Market, By Product
9.5.1. Stent Grafts
9.5.2. Catheters
9.6. Latin America Aortic Aneurysm Market, By End Use
9.6.1. Hospitals
9.6.2. Ambulatory Surgery Centers (ASC) & Clinics
9.7. Latin America Aortic Aneurysm Market Attractiveness Index
9.7.1. By Country
9.7.2. By Type
9.7.3. By Treatment
9.7.4. By Product
9.7.5. By End Use
10. Europe Aortic Aneurysm Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. U.K. Aortic Aneurysm Market
10.2.2. Germany Aortic Aneurysm Market
10.2.3. Italy Aortic Aneurysm Market
10.2.4. France Aortic Aneurysm Market
10.2.5. Spain Aortic Aneurysm Market
10.2.6. Russia Aortic Aneurysm Market
10.2.7. Poland Aortic Aneurysm Market
10.2.8. BENELUX Aortic Aneurysm Market
10.2.9. NORDIC Aortic Aneurysm Market
10.2.10. Rest of Europe Aortic Aneurysm Market
10.3. Europe Aortic Aneurysm Market, By Type
10.3.1. Thoracic Aortic Aneurysm (TAA)
10.3.2. Abdominal Aortic Aneurysm (AAA)
10.4. Europe Aortic Aneurysm Market, By Treatment
10.4.1. Open Surgical Repair (OSR)
10.4.2. Endovascular Aneurysm Repair (EVAR)
10.5. Europe Aortic Aneurysm Market, By Product
10.5.1. Stent Grafts
10.5.2. Catheters
10.6. Europe Aortic Aneurysm Market, By End Use
10.6.1. Hospitals
10.6.2. Ambulatory Surgery Centers (ASC) & Clinics
10.7. Europe Aortic Aneurysm Market Attractiveness Index
10.7.1. By Country
10.7.2. By Type
10.7.3. By Treatment
10.7.4. By Product
10.7.5. By End Use
11. Asia Pacific Aortic Aneurysm Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. China Aortic Aneurysm Market
11.2.2. India Aortic Aneurysm Market
11.2.3. Japan Aortic Aneurysm Market
11.2.4. Australia and New Zealand Aortic Aneurysm Market
11.2.5. South Korea Aortic Aneurysm Market
11.2.6. ASEAN Aortic Aneurysm Market
11.2.7. Rest of Asia Pacific Aortic Aneurysm Market
11.3. Asia Pacific Aortic Aneurysm Market, By Type
11.3.1. Thoracic Aortic Aneurysm (TAA)
11.3.2. Abdominal Aortic Aneurysm (AAA)
11.4. Asia Pacific Aortic Aneurysm Market, By Treatment
11.4.1. Open Surgical Repair (OSR)
11.4.2. Endovascular Aneurysm Repair (EVAR)
11.5. Asia Pacific Aortic Aneurysm Market, By Product
11.5.1. Stent Grafts
11.5.2. Catheters
11.6. Asia Pacific Aortic Aneurysm Market, By End Use
11.6.1. Hospitals
11.6.2. Ambulatory Surgery Centers (ASC) & Clinics
11.7. Asia Pacific Aortic Aneurysm Market Attractiveness Index
11.7.1. By Country
11.7.2. By Type
11.7.3. By Treatment
11.7.4. By Product
11.7.5. By End Use
12. Middle East Aortic Aneurysm Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. GCC Countries Aortic Aneurysm Market
12.2.2. Israel Aortic Aneurysm Market
12.2.3. Oman Aortic Aneurysm Market
12.2.4. Rest of Middle East Aortic Aneurysm Market
12.3. Middle East Aortic Aneurysm Market, By Type
12.3.1. Thoracic Aortic Aneurysm (TAA)
12.3.2. Abdominal Aortic Aneurysm (AAA)
12.4. Middle East Aortic Aneurysm Market, By Treatment
12.4.1. Open Surgical Repair (OSR)
12.4.2. Endovascular Aneurysm Repair (EVAR)
12.5. Middle East Aortic Aneurysm Market, By Product
12.5.1. Stent Grafts
12.5.2. Catheters
12.6. Middle East Aortic Aneurysm Market, By End Use
12.6.1. Hospitals
12.6.2. Ambulatory Surgery Centers (ASC) & Clinics
12.7. Middle East Aortic Aneurysm Market Attractiveness Index
12.7.1. By Country
12.7.2. By Type
12.7.3. By Treatment
12.7.4. By Product
12.7.5. By End Use
13. Africa Aortic Aneurysm Market, By Region
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. South Africa Aortic Aneurysm Market
13.2.2. Egypt Aortic Aneurysm Market
13.2.3. North Africa Aortic Aneurysm Market
13.2.4. Rest of Africa Aortic Aneurysm Market
13.3. Africa Aortic Aneurysm Market, By Type
13.3.1. Thoracic Aortic Aneurysm (TAA)
13.3.2. Abdominal Aortic Aneurysm (AAA)
13.4. Africa Aortic Aneurysm Market, By Treatment
13.4.1. Open Surgical Repair (OSR)
13.4.2. Endovascular Aneurysm Repair (EVAR)
13.5. Africa Aortic Aneurysm Market, By Product
13.5.1. Stent Grafts
13.5.2. Catheters
13.6. Africa Aortic Aneurysm Market, By End Use
13.6.1. Hospitals
13.6.2. Ambulatory Surgery Centers (ASC) & Clinics
13.7. Africa Aortic Aneurysm Market Attractiveness Index
13.7.1. By Country
13.7.2. By Type
13.7.3. By Treatment
13.7.4. By Product
13.7.5. By End Use
14. Recommendation
14.1. Market Strategy
15. Competitive Landscape
15.1. Competition Dashboard
15.2. List and Company Overview of Global Key Players
15.3. Company Profiles
15.3.1. Cook Medical (Cook Group)
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Key Developments
15.3.1.5. Business Strategies
15.3.2. Endologix
15.3.3. Gore Medical (W. L. Gore & Associates)
15.3.4. JOTEC (CryoLife, Inc.)
15.3.5. Lombard Medical
15.3.6. MAQUET Holding B.V. & Co. KG.
15.3.7. Medtronic PLC
15.3.8. Microport Scientific Corporation
15.3.9. Terumo Corporation
16. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global aortic aneurysm market in 2020 is estimated for more than US$ 3.6 Bn and expected to reach a value of US$ 7.1 Bn by 2028 with a significant CAGR of 8.9%.
What are the key factors driving the growth of market?
The high incidence of tobacco smoking conditions, the existence of exclusive healthcare infrastructure along the continual technical advancement medical and healthcare industry offers growth opportunities for the aortic aneurysm market. Factors like the growing lifestyle disease, rising adoption of minimally invasive endovascular surgeries coupled with the favorable reimbursement policies also positively impacts the market growth.
What segments are covered in market report?
The aortic aneurysm market is segmented on the basis of type, treatment, product, end-use, and by region.
What are the key participating players in the market?
Key players operating in the global aortic aneurysm market include Cook Medical (Cook Group), Endologix, Gore Medical (W. L. Gore & Associates), JOTEC (CryoLife, Inc.), Lombard Medical, MAQUET Holding B.V. & Co. KG., Medtronic PLC, Microport Scientific Corporation, and Terumo Corporation.
