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Aortic Aneurysm Market Size Projected To Reach $6.02 Billion By 2034 With A Cagr Of 10.3%
The Aortic Aneurysm Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Aortic Aneurysm Market?
The Aortic Aneurysm Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Aortic Aneurysm Market?
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What Are the Different Aortic Aneurysm Market Segments?
The aortic aneurysm market covered in this report is segmented -
1) By Type: Thoracic Aortic Aneurysm (TAA), Abdominal Aortic Aneurysm (AAA)
2) By Treatment: Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR)
3) By End User: Hospitals And Clinics, Ambulatory Surgery Centers (ASCs), Other End Users
Subsegments:
1) By Thoracic Aortic Aneurysm (TAA): Ascending Aortic Aneurysm, Arch Aortic Aneurysm, Descending Aortic Aneurysm
2) By Abdominal Aortic Aneurysm (AAA): Infrarenal Aneurysm, Pararenal Aneurysm, Juxtarenal Aneurysm
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What Are the Primary Drivers Shaping the Aortic Aneurysm Market?
The upswing in the usage of alcohol and tobacco is anticipated to fuel the progression of the aortic aneurysm market. Alcohol and nicotine-containing tobacco are psychoactive materials that influence the body's central nervous system. This elevated use of alcohol and tobacco products is a primary cause of aortic aneurysm. For example, in May 2022, the World Health Organization (WHO), a Switzerland-based agency specialized in global public health, reported that approximately 3 million deaths each year are attributed to alcohol consumption, and 7 million deaths are due to tobacco use across the globe. Moreover, about 13.5% of deaths among individuals aged 20-39 are linked to alcohol use. Additionally, in 2021, the Centers for Disease Control and Prevention, a US national public health agency, reported that roughly 12 out of every 100 U.S. adults aged 18 or older (11.5%) are current cigarette smokers, equating to 28.3 million adults in the US. Thus, the escalating prevalence of alcohol and tobacco use is responsible for driving the expansion of the aortic aneurysm market.
Which Companies Are Leading in the Aortic Aneurysm Market?
Major companies operating 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 Major Trends Shaping the Aortic Aneurysm Market?
The key trend gaining traction in the aortic aneurysm market is the advancement in technology. Major companies in this market are leveraging cutting-edge technologies to solidify their market stance. For instance, Medtronic plc, a medical technology company based in Ireland, launched the Steerant aortic guidewire, a novel device engineered to enhance accuracy in aortic procedures, in June 2024. The tool, which is flexible and advanced, enhances maneuverability and control during catheterization, thereby allowing medical professionals to navigate intricate anatomical pathways more effectively and yield better patient outcomes. The device aims to reduce procedural duration and decrease complications during aortic procedures.
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What Are the Top Revenue-Generating Geographies in the Aortic Aneurysm Market?
North America was the largest region in the aortic aneurysm market in 2024. The regions covered in the aortic aneurysm market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aortic Aneurysm Market?
2. What is the CAGR expected in the Aortic Aneurysm Market?
3. What Are the Key Innovations Transforming the Aortic Aneurysm Industry?
4. Which Region Is Leading the Aortic Aneurysm Market?
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