The latest research report by Emergen Research, named ‘Global Endovascular Treatment Devices Market – Forecast to 2032 The report offers these individuals a vivid description of the competitive spectrum of the global Endovascular Treatment Devices Market The study audits various winning strategies adopted by the market leaders to maintain the competitive edge worldwide. This adds more clarity to the research. Resource charts, tables and graphical images are included to make decisive statistics self-explanatory.
he global endovascular treatment devices market size reached USD 2.60 Billion in 2021 and is expected to register a revenue CAGR of 7.3% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of endovascular treatment as a highly effective therapy for patients with acute ischemic stroke is the major factor driving market revenue growth. For certain patients with an acute ischemic stroke, caused due to blood clot in the brain, endovascular rescue therapy, also known as neurointerventional therapy, is a relatively recent and more advanced treatment option.
Key participants include
Cardinal Health, Endospan, Getinge AB, Boston Scientific Corporation, InspireMD, Japan Lifeline Co., Ltd., Medtronic, Lombard Medical, Penumbra, Inc., and Terumo Corporation.
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Drivers:
Several factors are driving the growth of the endovascular treatment devices market. One of the primary drivers is the rising prevalence of cardiovascular diseases, peripheral artery disease, and other vascular conditions globally. The aging population, sedentary lifestyles, and increasing prevalence of risk factors such as obesity, diabetes, and hypertension contribute to the growing burden of vascular diseases. Endovascular treatment devices offer less invasive alternatives to traditional surgical procedures, making them attractive options for patients and healthcare providers. Additionally, technological advancements in device design, materials, and imaging techniques have expanded the scope and effectiveness of endovascular treatments, further driving market growth.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Endovascular Treatment Devices Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Endovascular Treatment Devices Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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Restraints:
Despite the positive growth trajectory, the endovascular treatment devices market faces certain challenges and restraints. One of the major challenges is the high cost associated with endovascular procedures and devices. While minimally invasive treatments offer advantages such as shorter hospital stays and faster recovery times, they can also be more expensive than traditional surgical interventions. This cost factor may limit the adoption of endovascular treatments, particularly in regions with limited healthcare resources or reimbursement challenges. Moreover, concerns regarding the long-term durability and efficacy of endovascular devices in some patient populations may affect market growth.
Emergen Research has segmented the global endovascular treatment devices market on the basis of product, procedure, application, and region:
· Product Outlook (Revenue, USD Billion; 2019-2030)
- Percutaneous Endovascular Aneurysm Repair (EVAR)
- Fenestrated EVAR
- Aortic Stents Biodegradable Stents
- Self-Expanding Nitinol Stents
- Thoracic Aortic Aneurysm Grafts
- Other Devices
· Procedure Outlook (Revenue, USD Billion; 2019-2030)
- Balloon Angioplasty
- Angioplasty with Stent Replacement
- Drug-Eluting Stents (DES) Renal Artery Angioplasty
- Stenting Carotid Artery Stenting
- Thrombolysis
- Renal Artery Angioplasty and Stenting
- Transfemoral Carotid Artery Stenting
- Trans carotid Artery Revascularization
- Intravascular Brachytherapy
- Carotid Artery Stenting
· Application Outlook (Revenue, USD Billion; 2019-2030)
- Pulmonary
- Vascular
- Cardiology Surgery
- Neurology
- Radiology
Regional Overview:
The global Endovascular Treatment Devices Market market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Endovascular Treatment Devices Market market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Global Endovascular Treatment Devices Market Report – Table of Contents:
- Chapter 1 includes the global Endovascular Treatment Devices Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Endovascular Treatment Devices Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Endovascular Treatment Devices Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Endovascular Treatment Devices Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.