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Strong Growth Ahead: Aortic Endograft Market Size To Grow At Arecord 4.8% Cagr By 2029
The Aortic Endograft 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].How Big Is the Aortic Endograft Market Size Expected to Be by 2034?
The market for aortic endografts has experienced robust expansion in recent times. This growth is projected to continue, with the market size anticipated to rise from $3.35 billion in 2024 to $3.55 billion in 2025. This equates to a compound annual growth rate (CAGR) of 6.0%. The surge in growth during the past can be ascribed to factors such as the boost in medical tourism, an accelerating demand for aortic aneurysm management, rising incidence of aortic aneurysm, successful implementation of endograft implants, and an increase in the quantity of hospitals.
The market size for aortic endografts is predicted to increase steadily over the coming years. It is projected to reach a value of $4.27 billion in 2029 with a compound annual growth rate (CAGR) of 4.8%. The expected growth during the forecast period is chiefly due to the rise in incidents of abdominal aortic aneurysm, a growing tendency towards minimally invasive endovascular procedures, an increase in the elderly population, advancements in the materials and configurations of stent-grafts, and the launch of new stent-graft products. During the forecast period, the market is expected to be characterized by growing adoption of endovascular abdominal aortic aneurysm (AAA) repair devices, the efficacy of unibody and non-unibody aortic stents, and product innovation.
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What Are the Emerging Segments Within the Aortic Endograft Market?
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 Long-Term Drivers Are Shaping Aortic Endograft Market Trends?
The increasing occurrence of aortic aneurysms is anticipated to fuel the expansion of the aortic endograft market. An aortic aneurysm is an unusual, localized enlargement or protrusion of the aorta, the largest artery in the human body. Aortic endografts serve as a less intrusive solution for treating aortic aneurysms, replacing the need for conventional open surgery. These grafts are essentially metal or polymer devices, covered in fabric, that are introduced through a catheter to reinforce the fragile walls of the aorta and decrease the chance of rupture. As an example, data provided by the Government Digital Service, a UK-based public sector information website, shows that in February 2023, approximately 274,800 men were offered screening, with 79.0% of tests yielding definite results and 1,794 aneurysms discovered from April 2021 to March 2022. This indicates that the escalating frequency of aortic aneurysms is propelling the advancement of the aortic endograft market.
Who Are the Top Competitors in Key Aortic Endograft Market Segments?
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
What Aortic Endograft Market Trends Are Gaining Traction Across Different Segments?
In an attempt to acquire a competitive advantage in the aortic endograft market, leading corporations are creating cutting-edge solutions such as the castor-branched aortic stent graft system. This medical device is designed for minimally invasive repairs of the aorta and aortic arch, specializing in the treatment of Stanford type B aortic dissection (TBAD). Terumo India, a formidable entity in the medical technology realm and Indian subsidiary of Terumo Corporation, introduced the TREO Stent-Graft System back in August 2024. This revolutionary solution for Endovascular Aneurysm Repair (EVAR) is utilized in the treatment of infrarenal abdominal aortic aneurysms in adults with the appropriate anatomy and is regarded as the solitary EVAR graft that provides both suprarenal and infrarenal active fixation.
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Which Regions Are Becoming Hubs for Aortic Endograft Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aortic Endograft Market?
2. What is the CAGR expected in the Aortic Endograft Market?
3. What Are the Key Innovations Transforming the Aortic Endograft Industry?
4. Which Region Is Leading the Aortic Endograft Market?
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