LAMEA Endovascular Aneurysm Repair Market Size, Share & Industry Trends Analysis Report By Indication (Abdominal and Thoratic), By Product, By Site, By Anatomy (Traditional and Complex), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Endovascular Aneurysm Repair Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).
An abdominal aortic aneurysm is an abnormal swelling of the abdominal aorta, most commonly the infrarenal and aorto-iliac arteries (AAA). If the AAA bursts, it can be fatal. People who smoke are the most likely to develop it. Large or rapidly growing aneurysms should be surgically repaired. The need for abdominal aortic aneurysm repair devices is expected to climb in the next years as the senior population grows, cigarette usage rises, and EVAR procedures become more common.
A weakening spot in the primary blood vessel that supplies blood to the body is called a thoracic aortic aneurysm (aorta). Blood straining against the vessel wall can induce the aorta to inflate like a balloon when it is weak (aneurysm). A thoracic aortic aneurysm is also known as a thoracic aneurysm, and an aneurysm can induce aortic dissection. A dissection is a rip in the aorta's wall that can result in life-threatening bleeding or death. Aneurysms that are large and fast-growing may burst, but aneurysms that are small and slow-growing may never rupture.
Vascular surgery is in high demand in Sub-Saharan Africa. As vascular surgery becomes increasingly distinct from general surgery, it must be considered how the world might aid in the training and development of specialized vascular surgeons in Sub-Saharan Africa. African nations can construct a training system that helps challenge and maintain vascular surgeons in their home countries by establishing national vascular centers that can be funded by universities and associations in the West.
Surgical conditions are responsible for around a third of the world's disease burden. In 2010, there were 52.8 million deaths worldwide. Despite the high incidence of global mortality, there has been progress in global health. However, in Africa's low- and middle-income countries, mortality from noncommunicable diseases and surgical disorders such as abdominal aortic aneurysm (AAA) remains high. Despite the general worsening epidemiological pattern of noncommunicable illnesses in Africa, when comparing data from high-income and middle/low-income countries, considerable regional variances occur. This could be owing in part to the slow pace of health-care facility construction and the lack of development of safe surgical and anaesthetic specialties.
The Brazil market dominated the LAMEA Endovascular Aneurysm Repair Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $53.8 million by 2028. The Argentina market is poised to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The UAE market would witness a CAGR of 6.8% during (2022 - 2028).
Based on Indication, the market is segmented into Abdominal and Thoratic. Based on Product, the market is segmented into Percutaneous Evar, Fenestrated Evar, Aortic Stents & Taa Graft, and Others. Based on Site, the market is segmented into Infrarenal and Pararenal. Based on Anatomy, the market is segmented into Traditional and Complex. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Endovascular Aneurysm Repair Market is Predict to reach $3.6 Billion by 2028, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Endologix LLC, Lombard Medical Limited, Cardinal Health, Inc., Becton, Dickinson and Company, Medtronic PLC, Cook Medical, Inc., Koninklijke Philips N.V., Terumo Corporation, Abbott Laboratories, and Artivion, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Percutaneous Evar
- Fenestrated Evar
- Aortic Stents & Taa Graft
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Endologix LLC
- Lombard Medical Limited
- Cardinal Health, Inc.
- Becton, Dickinson and Company
- Medtronic PLC
- Cook Medical, Inc.
- Koninklijke Philips N.V.
- Terumo Corporation
- Abbott Laboratories
- Artivion, Inc.
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Global Endovascular Aneurysm Repair Market Report 2022-2028
North America Endovascular Aneurysm Repair Market Report 2022-2028
Europe Endovascular Aneurysm Repair Market Report 2022-2028
Asia Pacific Endovascular Aneurysm Repair Market Report 2022-2028