AAA Surgery: Bet Early And Often
The dramatic changes taking place in many aspects of the medical device industry, from new materials to new business models, are coming together in certain product areas, providing a glimpse of the future device world. One such example is abdominal aortic aneurysm (AAA) surgery, which, having remained virtually unchanged for nearly 40 years, is on the verge of a major transformation, resulting in AAA becoming an important business opportunity. Large device companies are making early investments, trying to pick start-up winners, while emerging companies hope there are some partners left, even though no products are yet available in the US.
You may also be interested in...
Endovascular aortic aneurysm repair procedures account for the majority of abdominal aortic aneurysm repairs performed in the US, and total worldwide revenues from aortic endograft systems now exceed $1 billion per year. Many believe that continuing improvements in endograft technology will drive EVAR penetration to 90% or beyond within the next five to 10 years. This article first appeared in the April issue of Medtech Insight, April 2011.
A short summary of recent product developments in the Orthopedics/Spine, Aesthetics, Stent, Surgery, and Vascular Markets.
The first stent grafts created a market for the endovascular repair of abdominal aortic aneurysms. They also created new problems for start-ups to overcome. New companies have risen to the problem of avoiding endoleaks, with new stent graft designs and attachment systems, and also solutions for continuous monitoring.