Aortic Aneurysm Market Expansion Outlook: $5.98 Billion by 2029 Forecast

Global Aortic Aneurysm Market

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What Are The Forecasted Market Size Estimates For The Aortic Aneurysm Market Between 2025 And 2029?

The aortic aneurysm market size has shown significant expansion in recent years. It is forecast to grow from $3.74 billion in 2024 to $4.06 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.5%. The expansion during the historic period can be ascribed to an aging demographic, the prevalence of cardiovascular ailments, enhancements in diagnostic technologies, progress in surgical methods, and various awareness programs.

The aortic aneurysm market size is projected to experience significant expansion in the coming years. It is anticipated to reach $5.98 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 10.2%. The upward trajectory during the forecast period is attributable to a growing global elderly demographic, a rise in cardiovascular disease prevalence, innovations in treatment methods, increased understanding of genetic predispositions, and advancements in healthcare infrastructure. Key developments expected in this period include the creation of next-generation stent grafts, the incorporation of technology for remote monitoring, the widespread occurrence of abdominal aortic aneurysms (AAA), and heightened collaboration in research and development.

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Which Major Market Drivers Are Shaping The Future Of The Aortic Aneurysm Market?

The increasing widespread use of alcohol and tobacco is anticipated to boost the aortic aneurysm market in the future. Alcohol and tobacco, which contains nicotine, are psychoactive substances that impact the body’s central nervous system. The elevated consumption of these products represents a primary contributor to aortic aneurysm. For instance, in May 2022, a report by the World Health Organization (WHO), a Switzerland-based international public health agency, stated that around 3 million deaths occur every year due to the consumption of alcohol and 7 million deaths occur due to the consumption of tobacco worldwide. Furthermore, approximately 13.5% of deaths among people aged 20-39 are attributed to alcohol consumption. Additionally, in 2021, the Centers for Disease Control and Prevention, a US-based national public health agency, reported that around 12 of every 100 U.S. adults aged 18 years or older (11.5%) currently smoked cigarettes, with 28.3 million adults in the US currently smoking cigarettes. As a result, the growing prevalence of alcohol and tobacco consumption is driving the growth of the aortic aneurysm market.

What Are The Different Segment Classifications Within The Aortic Aneurysm Market?

The aortic aneurysmmarket covered in this report is segmented –

1) By Type: Thoracic Aortic Aneurysm (TAA); Abdominal Aortic Aneurysm (AAA)

2) By Treatment: Open Surgical Repair (OSR); Endovascular Aneurysm Repair (EVAR)

3) By End User: Hospitals And Clinics; Ambulatory Surgery Centers (ASCs); Other End Users

Subsegments:

1) By Thoracic Aortic Aneurysm (TAA): Ascending Aortic Aneurysm; Arch Aortic Aneurysm; Descending Aortic Aneurysm

2) By Abdominal Aortic Aneurysm (AAA): Infrarenal Aneurysm; Pararenal Aneurysm; Juxtarenal Aneurysm

Which Ongoing Trends Are Expected To Shape The Aortic Aneurysm Market Outlook?

Technological advancements are emerging as a significant and popular trend within the aortic aneurysm market. Major companies operating in the aortic aneurysm market are developing and utilizing innovative technologies to strengthen their market presence. For example, in June 2024, Medtronic plc, an Ireland-based medical technology company, launched the Steerant aortic guidewire, a device designed to enhance precision in aortic procedures. This flexible and advanced tool offers improved maneuverability and control during catheterization, allowing clinicians to navigate complex anatomical pathways more effectively and achieve superior patient outcomes. It is intended to reduce procedural time and minimize complications during aortic interventions.

Which Major Industry Participants Are Leading The Aortic Aneurysm Market Growth?

Major companies operating in the aortic aneurysm market include Cardiatis SA, Cook Medical Inc., Endologix LLC, W L Gore & Associates Inc., JOTEC GmbH, Lombard Medical Limited., Medtronic plc, Terumo Corporation, MicroPort Scientific Corporation, Boston Scientific Corporation, Endospan Ltd., LifeTech Scientific Corporation, B. Braun Melsungen AG, EndoEvolution LLC, CryoLife Inc., Intuitive Surgical Inc., Synovis Micro Companies Alliance Inc., Meril Life Sciences Pvt. Ltd., Vitalitec International GmbH, Getinge AB, CONMED Corporation, Becton, Dickinson and Company, Baxter International Inc., Johnson & Johnson Services Inc., Cardinal Health Inc., TriVascular Technologies Inc., Vascutek Ltd., Aptus Endosystems Inc., Bolton Medical Inc., EndoVascular Technologies Inc., Endurant Energy LLC, LeMaitre Vascular Inc.

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What Are The Key Regional Factors Influencing The Aortic Aneurysm Market Growth?

North America was the largest region in the aortic aneurysm market in 2024. The regions covered in the aortic aneurysm market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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