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Global Aortic Aneurysm Market: Accurate Estimates on Market Size, CAGR, Driving Force, and Future Trends
Rapid progression of Aortic Aneurysm Market projected due to aging populations, escalating cardiovascular diseases, and improvements in diagnostic technologies.What Is The Projected Market Size Of The Global Aortic Aneurysm Market And Its Growth Rate?
Global aortic aneurysm market has shown considerable growth over the years, with the key statistics being:
• Growth from $3.74 billion in 2024 to $4.07 billion in 2025 (CAGR of 8.9%)
• Predicted to reach $6.02 billion in 2029 (CAGR of 10.3%)
What Is Driving The Growth In The Aortic Aneurysm Market?
The rising prevalence of alcohol and tobacco consumption is propelling the growth in the aortic aneurysm market. Alcohol and tobacco, due to their psychoactive properties, adversely affect the central nervous system, leading to an increased risk of aortic aneurysm. WHO reported around 3 million and 7 million deaths annually due to alcohol and tobacco consumption respectively. Also, a survey by the Centers for Disease Control and Prevention indicated 11.5% of U.S adults aged 18 years or older, smoked cigarettes adding up to 28.3 million adult smokers in the U.S. Consequently, consumption of alcohol and tobacco is a significant driver for aortic aneurysm incidence.
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Who Are the Key Players Driving Aortic Aneurysm Market Growth?
Major participants 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.
What Are The Key Trends In The Aortic Aneurysm Market?
Key trends in the aortic aneurysm market include:
• Development of next-generation stent grafts
• Technological integration for remote monitoring
• Increasing prevalence of abdominal aortic aneurysms (AAA)
• Collaborations in research and development
What Are The Segments Of The Global Aortic Aneurysm Market?
Report segments the aortic aneurysm market as follows:
• By Type: Thoracic Aortic Aneurysm (TAA), Abdominal Aortic Aneurysm (AAA)
• By Treatment: Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR)
• By End User: Hospitals and Clinics, Ambulatory Surgery Centers (ASCs), Other End Users
Which Region Leads The Aortic Aneurysm Market?
North America was the largest region in the aortic aneurysm market in 2024. Regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Aortic Aneurysm Market Global Market Report?
- Market Size Analysis: Analyze the Aortic Aneurysm Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Aortic Aneurysm Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Aortic Aneurysm Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Aortic Aneurysm Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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