The global market for Endovascular Abdominal Aortic Aneurysm (AAA) Repair, which was valued at $820 million in 2008, is expected to reach $1.6 billion by 2015.
Iterative device improvements and introduction of new generations of devices coupled with the recent development of the important Japanese market have been keeping growth momentum in the double digit brackets in recent years.
It is estimated that approximately 4.5 million people are living with an abdominal aortic aneurysm in the developed world (1.5 million in the United States alone) and each year 600,000 new cases are diagnosed.
Over the past several years, clinical trials have shown the benefit of endovascular repair over open surgery due to device improvements and improved procedure techniques.
The future of endovascular AAA repair is promising. AAAs are generally more prevalent in people over the age of 65, so in addition to the current pool of potential patients, the number of persons seeking treatment for their condition is expected to increase based on demographics alone.
Endovascular repair has become a widely accepted treatment for aortic aneurysms, with penetration rates reaching 80% in best centers however, overall penetration rates in the developed world are still below 30%.
The report provides through analysis of this market with profiles of leading participants and forecasts to the year 2015. With Endovascular Abdominal Aortic Aneurysm Repair Device Market - Technology & Market Forecast, you’ll be able to better:
- Identify emerging technologies and the companies behind them.
- Leverage your own technology and brain storm new business opportunities.
- Assess market size and growth potential.
- Understand current market dynamics, competitors positions and market shares.
- Assess market potential and have access to forecasts till 2015.
- Monitor the competition’s marketed and in-development products.
- Investigate mergers, acquisitions and licensing possibilities
Endovascular Abdominal Aortic Aneurysm Repair Device Market - Technology & Market Forecast is targeted at senior executives in medical technology companies who are interested in developing an understanding of this rapidly evolving growth area.
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Additional InformationCompanies Listed
1. Aptus Endosystems
2. Braile Biomedica
3. Cardiatis
4. Cook Medical
5. Cordis (Johnson & Johnson)
6. Endologix
7. Gore Medical
8. Jotec
9. LeMaitre
10. Lombard Medical
11. Medtronic
12. Nano Endoluminal
13. Nellix Endovascular
14. Terumo Vascular (Vascutek)
15. TriVascular2