According to a newly released report from Medtech Ventures, the forward looking strategy think tank for the medical technology industry, the global market for endovascular aneurysm repair devices reached $1.8 billion in 2008 and has been growing at double digit pace over the past five years.
According to the report, new insights into aneurysm research points towards common pathological pathways for aneurysm initiation, progression and rupture and clinical results of parent vessel remodeling technologies and hemodynamic flow modulating devices are promising. Possibilities for the endovascular delivery of therapeutics to heal affected arterial intima are emerging.
Historically, the medical device industry has segmented the market for endovascular aneurysm repair along the lines of aneurysm location, aortic, cerebral (intracranial) or peripheral, with most companies present in one segment and non-existent in the others.
A new vision of a unified market is slowly forming which tempts the need for horizontal integration among leading players to promote better margins and to harvest the benefits of economies of scale. This can lead to heightened acquisition activity, product line extensions and increased market concentration.
Opportunities are abound for innovative start-ups with a focus on the new paradigms of aneurysm healing, biomechanical innovations and endovascular therapeutics for cellular regeneration and arterial wall rejuvenation technologies.
The report, titled “Endovascular Aneurysm Repair Device Market – Paradigm Shift & Strategic Opportunities” paints a new vision of a unified market, examines a unified landscape of $1.8 billion market for endovascular aneurysm remodeling and repair, regardless of location, and uncovers the hidden opportunities that such market unification offers to stakeholders.
If you still believe that the market for endovascular aneurysm repair is location specific, this is your chance to experiment with a new view of the market that is bound to change its strategic landscape.
The report, which is targeted at busy senior executives in the medical device and venture capital industries, is now available for download from Medtech Reports website.
About Medtech Reports
Medtech Reports (medtech-reports.com) aggregates strategy-level medical technology research documents with trends, analysis & forecasts from a select group of consulting firms and market research publishers.