Aortic Repair Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Aortic Repair Devices Market is Segmented by Product Type (Stent Grafts, Catheters), Procedure Type (Abdominal Aortic Aneurysm Repair, Open Repair, Endovascular Aneurysm Repair, Thoracic Aortic Aneurysm Repair, Thoracic Endovascular Aneurysm Repair and Others) and by Geography.

Market Snapshot

Aortic Repair Devices_Market Snapshot
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >5.5 %

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Market Overview

The Aortic Repair Devices market is expected to augment with an anticipated CAGR of 5.5%, during the forecast period (2020-2025).

The major factors accounting to the growth of the Aortic Repair Devices market are increase in the number of Endovascular Procedures, Growing innovations and Advancements in technology and increasing preference of Stent grafts for Aortic repair drives the market of Aortic Repair Devices during the forecast period. According to WHO facts, nearly 17.9 million people die every year from Cardiovascular diseases, an estimated 31% of all deaths worldwide. Therefore, increase in the death rate due to CVDs around the world drives the growth of Aortic Repair Devices Market during the forecast period. However, lack in the availability of certain devices in the various developing regions and complicated post-procedure requirements such as re-intervention of patients in some cases through endovascular aortic repair is expected to hamper the market growth to some extent.

Scope of the Report

Aortic repair devices are medical devices that are used in the treatment, maintenance and longevity of aortic systems in human beings. These devices are used in the treatment of various endovascular disorders, such as aneurysm.

By Products
Stent Grafts
Catheters
By Procedure
Abdominal Aortic Aneurysm Repair
Open Repair
Endovascular Aneurysm Repair
Thoracic Aortic Aneurysm Repair
Thoracic Endovascular Aneurysm Repair
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Endovascular Aneurysm Repair Segment Dominates the Market and the Trend is Expected to be Same During the Forecast Period.

Endovascular procedures are preferred than open surgeries due to the benefits such as minimally invasive, short stay in the hospitals and patient compliance. The growing geriatric population in which open repair procedures are not recommendable, demands the use of Endovascular procedures. Also, the continuous growth of Cardiovascular diseases drives the growth of Endovascular Aneurysm Repair segment during the forecast period.

Key Market Trends_Aortic Repair Devices Market.png

North America Dominates the Market and the Same is Expected Over the Forecast Period.

North America is expected to dominate the overall market, throughout the forecast period. The factors such as changing life style, advancements in technology and affordability to minimally invasive procedures for the effective management of cardiovascular diseases in the developed countries are responsible for the growth of the market. According to Centers for Disease Control and Prevention, Heart disease is the leading cause of death in the United States with the death of one person every 37 seconds which accounts for the death of 647,000 Americans each year. All these factors lead to the growth of Aortic Repair devices market in North America.

Aortic Repair Devices_Geography

Competitive Landscape

The Aortic Repair Devices market is moderately competitive and consists of several major players. With increasing consolidations of various organizations such as Vascutek and Bolton Medical Merge as Terumo Aortic, it is expected to generate the competitive rivalry among the key players in future. Some of the major players of the market are Terumo Aortic, Cardiatis, Cook Medical, Inc, Endologix Inc, etc.,

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Number of Endovascular Procedures

      2. 4.2.2 Growing Innovations and Advancements in Technology

    3. 4.3 Market Restraints

      1. 4.3.1 Lack in the Availability of Certain Devices in the Various Developing Regions

      2. 4.3.2 Complicated Post-Procedure Requirements Such as Re-intervention of Patients in Some Cases Through Endovascular Aortic Repair

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Products

      1. 5.1.1 Stent Grafts

      2. 5.1.2 Catheters

    2. 5.2 By Procedure

      1. 5.2.1 Abdominal Aortic Aneurysm Repair

      2. 5.2.2 Open Repair

      3. 5.2.3 Endovascular Aneurysm Repair

      4. 5.2.4 Thoracic Aortic Aneurysm Repair

      5. 5.2.5 Thoracic Endovascular Aneurysm Repair

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Terumo Aortic

      2. 6.1.2 Cardiatis

      3. 6.1.3 Cook Medical, Inc.

      4. 6.1.4 Endologix, Inc.

      5. 6.1.5 JOTEC GmbH

      6. 6.1.6 Lombard Medical Technologies

      7. 6.1.7 Medtronic PLC

      8. 6.1.8 W. L. Gore and Associates

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The Aortic Repair Devices Market market is studied from 2018 - 2026.

The Aortic Repair Devices Market is growing at a CAGR of >5.5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Terumo Aortic , Cardiatis , Cook Medical, Inc. , Endologix, Inc. , Medtronic PLC are the major companies operating in Aortic Repair Devices Market.

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