Global TEAR Market to grow at a CAGR of 8.66% during the period 2016 - 2020; Finds New Report

Report forecast the global TEAR market to grow at a CAGR of 8.66% during the period 2016-2020.

TEAR is a minimally invasive procedure done to repair thoracic aortic aneurysms (TAAs) with reduced recovery time and improved survival rates. TAAs are usually asymptomatic, but can lead to life-threatening hemorrhage and rupture. It is divided into three categories based on the location of the problem: aortic arch, ascending aortic, and descending thoracic aneurysms. Non-infectious aortitis, inherited syndromes, atherosclerosis, and infections cause most TAAs. TEAR prevents rupture of an aneurysm and replaces it with a synthetic or thoracic stent graft through small incisions in the groin.

The report covers the present scenario and the growth prospects of the global thoracic endovascular aneurysm repair (TEAR) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of stent grafts required for TEAR surgeries.

The market is divided into the following segments based on geography:

• Americas
• EMEA
• APAC

According to the report, MIS has revolutionized the field of surgery and is widely used for performing cardiac surgeries that involve the insertion of stent grafts, occluders, and cardiac rhythm management devices. Since MIS involves making smaller incisions for operations, it can reduce hospital stay and prevent excessive blood loss by the rapid healing of surgical site. With the increasing utilization of MIS for TEAR, the demand for essential medical devices will increase. This increase in the demand for medical devices for the surgery will impel the prospects for market growth until 2020.

Further, the report states that complications associated with aortic aneurysm surgery is expected to hamper the growth of the global TEAR market.

Global Thoracic Endovascular Aneurysm Repair (TEAR) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Thoracic Endovascular Aneurysm Repair (TEAR) Market: Cook Medical, Gore Medical and Medtronic.

Other Prominent Vendors in the market are: Bolton Medical, Gamida, Jotec, MAQUET, and MicroPort.

Market driver

• Growing incidence of aortic aneurysms and rise in older population
• For a full, detailed list, view our report

Market challenge

• Complications associated with aortic aneurysm surgery
• For a full, detailed list, view our report

Market trend

• Growing popularity of robot-assisted cardiac surgery
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 40 pages and 15 Exhibit “Global Tear Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Product pipeline analysis, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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