Aortic Aneurysm Market Scope
An aortic aneurysm is an abnormal bulge that occurs in the wall of the major blood vessel (aorta) that carries blood from the heart to the body. Aortic aneurysms can occur anywhere in the aorta and may be tube-shaped (fusiform) or round (saccular). An aortic dissection occurs when a tear develops in the inner layer of the wall of the aorta. This causes one or more of the layers of the wall of the aorta to separate, which weakens the wall of the aorta. Having an aortic aneurysm also increases your risk that the aneurysm can burst (rupture). Aortic Aneurysm is expected to increase in forthcoming years, due to the increase in the geriatric population and the rise in tobacco consumption.
The Aortic Aneurysm market study is segmented by Type (Abdominal Aortic Aneurysm (AAA) and Thoracic Aortic Aneurysm (TAA)) and major geographies with country level break-up.
In this market, companies are completely focused on research and development to develop drugs or devices. The companies are exploring the market in new regions by expansions, investments, collaboration, and partnership as their preferred strategies Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Aortic Aneurysm market throughout the predicted period.
Medtronic Plc (Ireland), Cook Medical (United States), Terumo Medical Corporation (United States), Microport Scientific Corporation (China), Getinge (Sweden), Endologix, Inc. (United States), W. L. Gore & Associates (United States), Lombard Medical Limited (United Kingdom), CryoLife, Inc. (United States) and Cardinal Health, Inc (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Aortic Aneurysm market by Type, Application and Region.
On the basis of geography, the market of Aortic Aneurysm has been segmented into .
Market Leaders and their expansionary development strategiesIn April 2018, Vascutek Ltd and Bolton Medical, Inc. have merged to produce one single business unit. It is expected that following this acquisition, the merged company is likely to reinforce its position in the global market and expand its portfolio of medical products.
In May 2020, Terumo Aortic today announced that the US Food and Drug Administration (FDA) has granted approval of the TREO Abdominal Aortic Stent-Graft System for sale in the United States for the treatment of patients with abdominal aortic aneurysms (AAA).
- Introduction of New Diagnosis Tools
- High Prevalence of Tobacco Smoking in the Developed and Developing Region
- Rise in the Geriatric Population with Cardiovascular Diseases
- Reimbursement Scenarios for the Surgical Treatment of Aortic Aneurysms
- Continuous Advancements, in terms of Technology, in Endovascular Surgical Procedures
- High Treatment Cost and Cost of Device
- Less Treatment Options Available for Thoracic Aortic Aneurysm Repair
- Biochemical Issues in the Endovascular Device Design
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Aortic Aneurysm Manufacturers, Suppliers, and Dealers, Medical Devices Companies, Raw Material Suppliers, Market Research and Consulting Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Hospitals and Healthcare Institutions
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