TechNavio recognizes the following companies as the key players in the Global Endovascular Abdominal Aortic Aneurysm Repair Devices Market: Cook Medical Inc., Endologix Inc., Medtronic Inc., and W. L. Gore & Associates, Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Endovascular Abdominal Aortic Aneurysm Repair Devices market is the increasing number of mergers and acquisitions. Several leading vendors in the Global Endovascular AAA Repair Devices market have been focusing on mergers and acquisitions strategy to increase its global presence, mitigate of patent expiration losses, and achieve high economies of scale. For instance, Medtronic Inc. recently completed its acquisition of two privately held companies, PEAK Surgical Inc. and Salient Surgical Technologies Inc., to expand its innovative surgical product portfolio to meet the global customer and patient needs.”
According to the report, one of the main factors driving the market is prevalence of favorable reimbursement policies. To minimize the overall cost for patients, some countries have provided insurance schemes through which patients can be reimbursed for the cost of the treatment incurred.
Further, the report states that one of the main challenges is the intense vendor competition. The global leading players are investing heavily in R&D to produce a broad range of advanced and high-end stents. Small and medium-sized vendors, however, are focused on marketing a single product line to a specific region in the globe, which is increasing the competition within the market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Aptus Endosystems Inc., Cardiatis S.A., Cordis Corp., JOTEC GmbH, LeMaitre Vascular Inc., Lombard Medical Technologies PLC, Nano Endoluminal, Terumo Cardiovascular Systems Corp., and TriVascular Inc..
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-endovascular-abdominal-aortic-ane…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Endovascular Abdominal Aortic Aneurysm Repair Devices Market 2012-2016
