Aortic Endograft Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theAortic Endograft Market?
The escalation in the occurrence of aortic aneurysms is projected to drive the progression of the aortic endograft market in the upcoming years. Characterized by an abnormal enlargement or protrusion of the aorta – the body’s largest artery, an aortic aneurysm is commonly treated with aortic endografts due to their less invasive nature compared to conventional open surgery. This treatment involves the insertion of a fabric-covered metal or polymer construct through a catheter to reinforce weak aortic walls and minimize the risk of rupture. The Government Digital Service, a public sector information resource based in the UK, reported in February 2023 that about 274,800 men were screened, with a conclusive screen achieved in 79.0% of cases and 1,794 aneurysms were discovered between April 2021 to March 2022. Consequently, the increasing occurrence of aortic aneurysms is influencing the advancement of the aortic aneurysm market.
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#What is the Anticipated CAGR of theAortic Endograft Market, and What Factors Will Drive It?
Recently, the market size for aortic endograft has seen significant expansion. This burgeoning field is projected to grow from $3.35 billion in 2024 to $3.55 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this historic growth include the rise of medical tourism, an escalating need for the management of aortic aneurysm cases, and the technical success of endograft implantation. There has also been an increase in the count of hospitals.
In the coming years, the aortic endograft market is projected to undergo stable expansion. By 2029, it’s estimated to reach a value of $4.27 billion, growing at a compound annual growth rate (CAGR) of 4.8%. The forecasted increase over this period is due to factors such as the rising incidence of abdominal aortic aneurysm, the growing trend towards minimally invasive endovascular procedures, an aging population, and enhancements in stent-graft materials and designs. Further, the release of new stent-graft products has also contributed towards this growth. Within the forecast period, key trends to watch for include the growing use of endovascular abdominal aortic aneurysm (AAA) repair devices, the effectiveness of both unibody and non-unibody aortic stents, and ongoing product innovation in the market.
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What Are the Current Market Growth and Trends in theAortic Endograft Market That Industry Players Should Watch?
Dominating entities in the aortic endograft market are crafting innovative products like the castor-branched aortic stent graft system to maintain a strategic advantage within the industry. This stent graft system is specially designed to perform minimally invasive repair procedures on the aorta and aortic arch, specifically for Stanford type B aortic dissection (TBAD) cases. In an illustration of this advancement, Terumo India, a key active participant in the field of medical technology, and a branch of Terumo Corporation, had launched the TREO Stent-Graft System in August 2024. This product is an inventive solution for Endovascular Aneurysm Repair (EVAR). The TREO Stent-Graft system, specifically engineered for the management of infrarenal abdominal aortic aneurysms in adult patients with suitable anatomies, is the only EVAR graft that provides both suprarenal and infrarenal active fixation.
What Are the Major Market Players Making an Impact on theAortic Endograft Market Growth?
Major companies operating in the aortic endograft market report are Cardinal Health Inc., Abbott Laboratories, Medtronic Plc, Becton, Dickinson and Company, Koninklijke Philips N.V., Boston Scientific Corporation, Terumo Corporation, W. L. Gore & Associates Inc., Cook Medical Inc., Merit Medical Systems Inc., Penumbra Inc., LifeTech Scientific Corporation, Altura Medical Inc., MicroVention Inc., MicroPort Scientific Corporation, CryoLife Inc., Cordis Corporation, Endologix LLC, Braile Biomédica Indústria Comércio e Representações Ltda., Nano Endoluminal S.A., Biomerics LLC, JOTEC GmbH, Lombard Medical Inc., Aptus Endosystems Inc., Lombardi SA, Cardiatis S.A., Endospan Ltd., Transcatheter Technologies GmbH
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How Are the Key Segments of the Aortic Endograft Market Driving Opportunities and Innovations?
The aortic endograft market covered in this report is segmented –
1) By Product: Abdominal Aortic Grafts, Thoracic Aortic Grafts
2) By Material: Metallic Endografts, Polymeric Endografts
3) By Procedure: Open Surgical Repair, Endovascular Aneurysm Repair (EVAR)
4) By End User: Hospitals, Ambulatory Surgical Centers
Subsegments:
1) By Abdominal Aortic Grafts: Fenestrated Aortic Grafts, Branched Aortic Grafts, Conventional Aortic Grafts
2) By Thoracic Aortic Grafts: Stented Thoracic Aortic Grafts, Non-Stented Thoracic Aortic Grafts, Hybrid Thoracic Aortic Grafts
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theAortic Endograft Market?# Market Expansion?
North America was the largest region in the aortic endograft market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aortic endograft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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