Abdominal Aortic Aneurysm (AAA) Repair Devices Growth Forecast 2025-2034: Trends, Opportunities, and Key Insights You Need to Know
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What is the Predicted CAGR for the Abdominal Aortic Aneurysm (AAA) Repair Devices Market Over the Forecast Period of 2025 to 2034?
In recent times, the market size for abdominal aortic aneurysm (AAA) repair devices has experienced considerable growth. The market is projected to expand from $2.45 billion in 2024 to $2.58 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.1%. Factors such as advancements in surgical procedures, the increase in the elderly population, accessibility to healthcare services, research and development endeavors, as well as surgeon expertise and training have contributed to the growth experienced in the historic period.
In the upcoming years, the market size of abdominal aortic aneurysm (AAA) repair devices is predicted to witness substantial expansion, reaching an estimated “$3.45 billion by 2029 at a compound annual growth rate (CAGR) of 7.6%. Factors contributing to the projected growth during the forecast period encompass increased knowledge and awareness, a need for affordable solutions, changes in regulatory environments, a rise in healthcare spending, and advances in endovascular technology. Major trends forecasted during this period are the prevalence of minimally invasive surgeries, progress in endovascular surgeries, a surge in AAA cases, alterations in regulatory guidelines and an emphasis on patient-focused care.
What Factors Are Propelling the Growth of the abdominal aortic aneurysm (aaa) repair devices Market from 2025 to 2034?
The rising occurrences of abdominal aortic aneurysms are predicted to boost the expansion of the abdominal aortic aneurysm repair devices market. This refers to the medical condition where part of the aorta wall becomes frail, and the large amount of blood passing through it places stress on the weak section, resulting in its outward expansion and an aneurysm formation. Stent grafts, or abdominal aortic aneurysm repair devices, assist in the treatment of such aneurysms. They are placed into the aorta through a minor groin incision, expand to brace the feeble section of the aorta, thus preventing it from bursting. For example, as per a report by Penn Medicine Lancaster General Health, a non-profit healthcare network in the US, around 200,000 individuals are diagnosed with an abdominal aortic aneurysm annually in the US. Hence, it is the increasing rate of abdominal aortic aneurysms that fuels the growth of the abdominal aortic aneurysm repair devices market.
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Who Are the Top Companies Driving Innovation and Growth in the Abdominal Aortic Aneurysm (AAA) Repair Devices Market?
Major companies operating in the abdominal aortic aneurysm (AAA) repair devices market include:
• Cardinal Health Inc._x000D_
• Cook Medical LLC_x000D_
• Endologix Inc._x000D_
• Lombard Medical Inc._x000D_
• Medtronic plc_x000D_
What Key Trends Are Currently Impacting the Abdominal Aortic Aneurysm (AAA) Repair Devices Market’s Development?
The integration of advanced technology is a critical trend gaining traction in the abdominal aortic aneurysm repair devices market. Firms in this niche are leveraging new innovations to maintain their market dominance. This trend is illustrated by Cook-Medical LLC., a medical device company from the US, which in September 2024, unveiled a bespoke fenestrated graft specifically for the frozen elephant trunk (FET) aortic technique, tailored to match the distinctive structure of a patient’s blood vessels. This is especially useful in intricate vascular surgeries. The customized graft supports the repair of damaged or ill sections of major arteries like the aorta. Tailored to the unique needs of each patient, these grafts facilitate a less invasive, more exact and effective operation, thereby minimizing the probability of complications and the necessity for additional surgeries.
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Which Segments Play a Crucial Role in the Expansion of the Abdominal Aortic Aneurysm (AAA) Repair Devices Market?
The abdominal aortic aneurysm (AAA) repair devices market covered in this report is segmented –
1) By Product Type: Endovascular Stent Graft System, Synthetic Graft System
2) By Site: Infrarenal AAA, Pararenal AAA
3) By Application: Traditional Anatomy, Complex Anatomy
4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Endovascular Stent Graft System: Bifurcated Stent Graft, Aorto-Uni-Iliac Stent Graft
2) By Synthetic Graft System: Woven Synthetic Graft, Knitted Synthetic Graft
Which Geographical Regions Are Pioneering Growth in the Abdominal Aortic Aneurysm (AAA) Repair Devices Market?
North America was the largest region in the abdominal aortic aneurysm (AAA) repair devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global abdominal aortic aneurysm (AAA) repair devices market report during the forecast period. The regions covered in the abdominal aortic aneurysm (AAA) repair devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Do Experts Define the Scope of the Abdominal Aortic Aneurysm (AAA) Repair Devices Market?
Abdominal aortic aneurysm repair devices are medical devices used to treat an abdominal aortic aneurysm, a condition that occurs when a section of the aorta wall weakens and the high volume of blood flowing through it exerts pressure on the weak point, causing it to expand outwards and form an aneurysm. These devices (stent grafts) are placed into the aorta by a small groin incision and expand to support the weakest part of the aorta, preventing it from rupturing.
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