Comprehensive Endovascular Aneurysm Repair Devices Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034

What Is the Future Outlook for the Endovascular Aneurysm Repair Devices Market's Size and Growth Rate?_x000D_
The market for endovascular aneurysm repair devices has seen significant expansion in the past few years. The market, set to increase from $2.43 billion in 2024 to $2.63 billion in 2025, is projected to have a compound annual growth rate (CAGR) of 8.2%. This impressive growth during the historical period has been driven by better patient results following EVAR procedures, advancements in the accuracy and safety of EVAR technology, supportive reimbursement policies, encouraging outcomes from clinical trials, and regulatory endorsements._x000D_
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In the next few years, the market size for endovascular aneurysm repair devices is projected to witness robust growth, with an anticipated rise to $3.56 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The primary factors fueling the growth in the forecasted timeframe include an increasing demand for minimally invasive operations, improvements in the safety and efficiency of devices, a shift in preference from open surgery to minimally invasive approaches, progress in imaging and diagnostic methods, as well as enhanced surgical outcomes. The forecast period is also set to see several major trends, such as advancements in stent graft technology, better patient outcomes and decreased recovery periods, the incorporation of imaging and navigation technology in EVAR procedures, the rise of hybrid EVAR devices, and the progression and approval of regulations for new EVAR devices._x000D_
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What Is Stimulating Growth in the Endovascular Aneurysm Repair Devices Market?_x000D_
The escalating demand for surgical treatments involving minimal invasion is predicted to stimulate the expansion of the endovascular aneurysm repair devices market in the future. Surgical treatments that entail minimal invasion involve medical procedures with minimal bodily incisions or disruptions, utilizing specialized equipment and methodologies. The heightening demand for such procedures is fueled by aspects like decreased recovery duration, minimized risk of complications, smaller incisions resulting in less discomfort, and enhanced precision and results. Endovascular Aneurysm Repair (EVAR) devices facilitate surgeries of minimal invasion by fortifying the walls of the blood vessels and rerouting blood circulation, thus lowering the danger of an aneurysm burst. For instance, it was reported in January 2024 by Intuitive Surgical Inc., a US-based robotic products manufacturer, that they had installed 415 da Vinci surgical systems (robotic surgical systems using a surgical approach of minimal invasion) in the final quarter of 2023, indicating a growth of 12% compared to 2022. Hence, the uptick in the volume of minimally invasive surgeries propels the growth of the endovascular aneurysm repair devices market._x000D_
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Which Key Market Leaders Are Driving Endovascular Aneurysm Repair Devices Industry Growth?_x000D_
Major companies operating in the endovascular aneurysm repair devices market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic Plc, Royal Philips, Boston Scientific, Terumo Corporation, Biotronik, L. Gore & Associates Inc., AorTech International, Teleflex Incorporated, Getinge AB, Cook Medical Group, Lombard Medical Technologies plc, Merit Medical Systems, Penumbra Inc., Volcano Corporation, Endologix Inc., Scranton Gillette Communications, Medico S.p.A_x000D_
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Which Key Developments Are Influencing the Endovascular Aneurysm Repair Devices Market?_x000D_
Leading businesses in the endovascular aneurysm repair devices market are concentrating on creating groundbreaking solutions like abdominal stent-graft systems. These aim to improve patient results by enhancing device longevity, success rate of procedures, and deployment simplicity. An abdominal stent-graft system is a medical instrument utilized in endovascular aneurysm repair (EVAR) procedures to address abdominal aortic aneurysms (AAA). In a key development, in August 2024, Terumo India, a medical technology firm based in India, released the TREO Abdominal Stent-Graft System. This state-of-the-art solution is designed for treating abdominal aortic aneurysms (AAAs) in adults possessing suitable anatomies. The system showcases an innovative three-piece structure, featuring both suprarenal and infrarenal active fixation capabilities. This amplifies stability and efficiency during endovascular aneurysm repair (EVAR). Prime features of this system include in situ limb adjustability for accurate deployment, enhanced proximal sealing to avoid leaks, and a superior lock stent technology to decrease the risk of migration._x000D_
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What Are the Main Segments in the Endovascular Aneurysm Repair Devices Market?_x000D_
The endovascular aneurysm repair devices market covered in this report is segmented -_x000D_
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1) By Aneurysm Type: Abdominal Aortic Aneurysms (AAA), Thoracic Aortic Aneurysms (TAA), Peripheral Aneurysms_x000D_
2) By Application: Endovascular Grafts, Stent-Grafts, Catheters, Delivery Systems, Imaging Systems_x000D_
3) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics_x000D_
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Subsegments:_x000D_
1) By Abdominal Aortic Aneurysms (AAA): Infrarenal AAA, Juxtarenal AAA, Pararenal AAA_x000D_
2) By Thoracic Aortic Aneurysms (TAA): Ascending Aortic Aneurysms, Aortic Arch Aneurysms, Descending Aortic Aneurysms_x000D_
3) By Peripheral Aneurysms: Femoral Aneurysms, Popliteal Aneurysms, Iliac Aneurysms, Renal Aneurysms_x000D_
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Which Geographic Area Leads the Endovascular Aneurysm Repair Devices Market?_x000D_
North America was the largest region in the endovascular aneurysm repair devices market in 2024. The regions covered in the endovascular aneurysm repair devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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What Is Covered In The Endovascular Aneurysm Repair Devices Global Market Report?_x000D_
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- Market Size Analysis: Analyze the endovascular aneurysm repair devices Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the endovascular aneurysm repair devices Market for effective categorization._x000D_
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall endovascular aneurysm repair devices market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the endovascular aneurysm repair devices market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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