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What Is the Growth Rate of the Aortic Endograft Market?

In recent times, the market size of aortic endografts has witnessed remarkable growth. This market is projected to expand from $3.35 billion in 2024 to $3.55 billion in 2025, registering a compound annual growth rate (CAGR) of 6.0%. The factor propelling the historic period’s growth include the surge in medical tourism, a growing necessity for managing aortic aneurysm, an increasing count of aortic aneurysm cases, the technical triumph of endograft implantation, and a hike in the quantity of hospitals.

What Growth Rate Is Forecasted for the Aortic Endograft Market by 2029?

In the incoming years, the aortic endograft market is forecasted to observe steady expansion. By 2029, it is projected to reach a market valuation of $4.27 billion, with a compounded annual growth rate (CAGR) of 4.8%. This growth can be attributed to factors such as rising prevalence of abdominal aortic aneurysm, a growing inclination towards minimally invasive endovascular procedures, an increasing geriatric population, advancements in the materials and designs of stent-grafts, and the introduction of new stent-graft products. Major trends expected during the forecast period encompass the adoption of endovascular abdominal aortic aneurysm (AAA) repair devices, the effectiveness of both unibody and non-unibody aortic stents, and product innovation.

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Which Key Companies Are Shaping the Future of the Aortic Endograft Market?

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

Which Factors Are Driving Demand in the Aortic Endograft Industry?

The aortic endograft market is anticipated to expand due to the increasing occurrence of aortic aneurysms. This condition involves an abnormal enlargement or protrusion in the aorta, the largest artery in the human body. The application of aortic endografts in the treatment of aortic aneurysms is becoming more common because they offer a less invasive alternative to conventional open surgery. During this procedure, a fabric-covered metal or polymer device is inserted through a catheter to fortify weakened aortic walls and minimize the possibility of rupture. For example, the Government Digital Service, a UK-based public information website, reported in February 2023 that approximately 274,800 men underwent screening, out of which, 79.0% had a definitive screen and 1,794 aneurysms were detected from April 2021 to March 2022. This rising incidence of aortic aneurysms is contributing significantly to the growth of the aortic aneurysm market.

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How Is the Aortic Endograft Market Segmented by Several Divisions?

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

What are the Emerging Market Trends Driving the Growth of the Aortic Endograft Industry?

In the aortic endograft market, significant businesses are developing creative solutions, such as the castor-branched aortic stent graft system, in order to maintain their competitive advantage. The castor-branched aortic stent graft system, a medical instrument used for minimally invasive repair of the aorta and aortic arch, is especially useful in handling cases of Stanford type B aortic dissection (TBAD). For instance, in August 2024, an innovative solution for Endovascular Aneurysm Repair (EVAR), the TREO Stent-Graft System, was introduced by Terumo India, a key player in medical technology and the Indian branch of Terumo Corporation. This system, designed for treating infrarenal abdominal aortic aneurysms in suitable adults, is the only EVAR graft providing both suprarenal and infrarenal active fixation.

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Which Regions Are Driving Growth in the Aortic Endograft Market?

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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This Report Delivers Insight On:

1. How big is the aortic endograft market, and how is it changing globally?

2. Who are the major companies in the aortic endograft market, and how are they performing?

3. What are the key opportunities and risks in the aortic endograft market right now?

4. Which products or customer segments are growing the most in the aortic endograft market?

5. What factors are helping or slowing down the growth of the aortic endograft market?

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