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Abdominal Aortic Aneurysm Repair Devices Market

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Abdominal Aortic Aneurysm (AAA) refers to the enlargement in part of the aorta, the main blood vessel that delivers blood to the body, which passes through the abdomen.
Abdominal Aortic Aneurysm Repair Devices Market
Growth Analysis By Top Players
Abdominal Aortic Aneurysm (AAA) refers to the enlargement in part of the aorta, the main
blood vessel that delivers blood to the body, which passes through the abdomen. AAA usually
affects people over 50 years and is more common in men as compared to women. Others risk
such as smoking and high blood pressure can also cause AAA. Previously, AAA was treated
with open surgery, however, it has been replaced with endovascular stent grafting.
Endovascular stent grafting is a minimally invasive procedure and has various advantages over
open surgery such as reduced blood loss, operative time, hospital stay, mortality, and
morbidity.
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Abdominal Aortic Aneurysm Repair Devices Market Drivers
Key players in the abdominal aortic aneurysm repair devices market have launched various new
products for AAA treatment and this has positively affected growth of the market. For instance,
in 2017, Lombard Medical Inc. received approval from the Japanese Ministry of Health, Labour
and Welfare for its new IntelliFlex Low Profile (LP) Delivery System for the Aorfix Endovascular
Stent Graft. In 2016, Lombard Medical, Inc. received CE Mark approval for its IntelliFlex Low
Profile (LP) Delivery System for the Aorfix Endovascular Stent Graft. In 2013, Lombard Medical
Inc. launched its Aorfix, a latest endovascular stent graft in the U.S. market. In 2014, Cordis
Corporation (now a part of Cardinal Health, Inc.) launched its INCRAFT AAA Stent Graft System
(INCRAFT System), a device for use during endovascular aneurysm repair (EVAR) for patients
suffering from infrarenal AAA. In 2015, Endologix, Inc. received approval from the Japanese
Ministry of Health, Labour and Welfare (MHLW) for its AFX Endovascular AAA System for the
treatment of abdominal aortic aneurysms. In 2014, Medtronic Plc. received approval for its new
Endurant IIs in the U.S. and Europe. Endurant IIs is a latest stent graft system for the
endovascular repair of abdominal aortic aneurysms. These approvals have led to development of
novel products in the market, which is expected to drive growth of global abdominal aortic
aneurysm repair devices market in the near future. Increasing collaborations and acquisition
activities by key players in market is also expected to support growth of global abdominal
aortic aneurysm repair devices. For instance, in 2016, Microport Scientific Corp.—a China-based
company—entered in strategic partnership with Lombard Medical Inc. According to the
partnership, Microport Scientific Corp. invested US$ 15 million in Lombard Medical Inc. and
gained exclusive marketing rights of Lombard’s Aorfix and Altura stent graft in China and Brazil
as well as the manufacturing rights in China. In 2015, Cardinal Health Inc. completed the
acquisition of Johnson & Johnson's Cordis business at US$ 1.9 billion.
Report includes chapters which deeply display the following deliverable about industry :
• Abdominal Aortic Aneurysm Repair Devices Market Research Objective and Assumption
• Abdominal Aortic Aneurysm Repair Devices Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Abdominal Aortic Aneurysm Repair Devices Market Dynamics, Regulations, and Trends
Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New
system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Abdominal Aortic Aneurysm Repair Devices Market, By Regions
• Abdominal Aortic Aneurysm Repair Devices Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Abdominal Aortic Aneurysm Repair Devices Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Abdominal Aortic Aneurysm Repair Devices Market Manufacturing Cost Analysis including Key
Raw Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Abdominal Aortic Aneurysm Repair Devices Market Forecast including Production,
Consumption, Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Abdominal Aortic Aneurysm Repair Devices Market Regional Analysis
North America is expected to hold a dominant position in the global abdominal aortic aneurysm
repair devices market, owing to presence of major players and frequent launches of novel
devices in market. For instance, Medtronic Plc., Cardinal Health, Inc., and Boston Scientific
Corporation, the major players in the market are headquartered in the U.S. Furthermore, in
2015, Cook Group Incorporated launched its latest Zenith Alpha abdominal endovascular graft
in Canada. Zenith Alpha abdominal is indicated for endovascular treatment of patients with
abdominal aortic aneurysm. In 2015, few weeks after approval of Cook Medical’s Zenith Alpha
in Canada, the University of Western London Health Sciences in Ontario, Canada treated the
first patient with the Zenith Alpha.
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Asia Pacific is also expected to exhibit high growth in the global abdominal aortic aneurysm
repair devices market, owing to increasing approvals of novel devices by major regulatory
bodies in the region. For instance, in Lombard Medical, Inc. received approval for its new
AorFlex delivery system from the Japanese Ministry of Health, Labour and Welfare. AorFlex is a
delivery system for Aorfix endovascular stent graft indicated for the treatment of AAA.
Abdominal Aortic Aneurysm Repair Devices Market Key Players
Major players operating in global abdominal aortic aneurysm repair devices market includes:
Medtronic Plc., Cardinal Health Inc., Lombard Medical Inc., Endologix, Inc., Cook Group
Incorporated, Boston Scientific Corporation, Terumo Corporation, and W. L. Gore & Associates,
Inc. Key players in the market are focusing on strategic collaborations and acquisitions, in order
to expand its abdominal aortic aneurysm repair devices portfolio and geographic reach. For
instance, in 2017, Terumo Corporation acquired Bolton Medical, Inc.—a U.S.-based provider of
endovascular solutions for aortic disease. Terumo Corporation expanded its existing product
portfolio with this strategic acquisition.
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Author
Alex Huge
Alex Huge371   document Email
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