Soaring Demand Set to Propel Abdominal Aortic Aneurysm (AAA) Repair Devices Market to $3.45 Billion by 2029

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What Is the Expected CAGR for the Abdominal Aortic Aneurysm (AAA) Repair Devices Market Through 2025?
In recent times, the market size for abdominal aortic aneurysm (AAA) repair devices has surged significantly. The market, valued at $2.45 billion in 2024, is projected to rise to $2.58 billion in 2025, representing a compound annual growth rate (CAGR) of 5.1%. This accelerated growth during the historic period can be credited to advancements in surgical approaches, an ageing population, better healthcare accessibility, reinforced research and development, and enhanced surgeon training and expertise.

What's the Projected Size of the Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market by 2029?
The market for abdominal aortic aneurysm (AAA) repair devices is anticipated to witness significant expansion in the coming years, reaching a value of "$3.45 billion in 2029", expanding at a compound annual growth rate (CAGR) of 7.6%. The increase in market size during the forecast period can be linked to factors such as a rise in awareness and education, the need for cost-effective alternatives, changes in regulatory landscape, growing healthcare expenditure, and progress in endovascular technology. The forecast period is also expected to see key trends like less invasive surgical methods, advancements in endovascular surgery, a growing number of AAA cases, alterations in regulatory guidelines, and a focus on patient-centered care.

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Top Growth Drivers in the Abdominal Aortic Aneurysm (AAA) Repair Devices Industry: What's Accelerating the Market?
The abdominal aortic aneurysm repair devices market is anticipated to expand owing to the increasing prevalence of abdominal aortic aneurysms. This medical condition takes place when a section of the aorta wall weakens due to the pressure exerted by the considerable amount of blood flow, leading to the formation of an aneurysm. Abdominal aortic aneurysm repair devices, also known as stent grafts, are utilized to treat this condition. These are inserted and expanded through a small incision in the groin to reinforce the weakest part of the aorta and prevent it from bursting. As cited in a 2022 report from Penn Medicine Lancaster General Health, an extensive US-based, non-profit health care network, approximately 200,000 people in the US are diagnosed with abdominal aortic aneurysms annually. This increasing rate of incidence is fueling the growth of the abdominal aortic aneurysm repair devices market.

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What Trends Will Shape the Abdominal Aortic Aneurysm (AAA) Repair Devices Market Through 2029 and Beyond?
Key advancements in technology are emerging as a notable trend in the abdominal aortic aneurysm repair devices market. Firms active in the market are utilizing state-of-the-art technologies to maintain their market position. As an example, in September 2024, Cook-Medical LLC., a US-based medical device firm, introduced a specialized fenestrated graft for the frozen elephant trunk (FET) aortic procedure. The graft is modified to fit each patient's unique blood vessel structure, thereby providing invaluable assistance in complex vascular surgeries. This particular graft assists in the repairing of damaged or ailing sections of large arteries such as the aorta. Custom-made for each patient, the grafts allow for a more precise, less invasive and efficient procedure, thereby decreasing the potential complications and the likelihood of additional surgeries.

What Are the Main Segments in the Abdominal Aortic Aneurysm (AAA) Repair Devices Market?
The abdominal aortic aneurysm (AAA) repair devices market covered in this report is segmented -

1) By Product Type: Endovascular Stent Graft System, Synthetic Graft System
2) By Site: Infrarenal AAA, Pararenal AAA
3) By Application: Traditional Anatomy, Complex Anatomy
4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Endovascular Stent Graft System: Bifurcated Stent Graft, Aorto-Uni-Iliac Stent Graft
2) By Synthetic Graft System: Woven Synthetic Graft, Knitted Synthetic Graft



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Which Top Companies are Driving Growth in the Abdominal Aortic Aneurysm (AAA) Repair Devices Market?
Major companies operating in the abdominal aortic aneurysm (AAA) repair devices market include Cardinal Health Inc., Cook Medical LLC, Endologix Inc., Lombard Medical Inc., Medtronic plc, Terumo Corporation, C. R. Bard, Jotec GmbH, Gore Medical, Abbott Laboratories, LivaNova plc, Boston Scientific Corporation, Koninklijke Philips N.V., MicroPort Scientific Corporation LLC, Lifetech Scientific (Shenzhen) Co. Ltd., Hangzhou Endonom Medtech Co. Ltd., Latecba SA, Nectero Medical, Beijing Jinyu Medical Device Co. Ltd., Beijing Endoncare Medical Devices Co. Ltd., Shanghai MicroPort Endovascular Medical Devices Co. Ltd., Lepu Medical Technology Co. Ltd., Beijing Advanced Cardiovascular Technologies Co. Ltd., CryoLife Inc., Baxter International Inc., Edwards Lifesciences Corporation, B. Braun Melsungen AG, Getinge AB

Which Regions Will Dominate the Abdominal Aortic Aneurysm (AAA) Repair Devices Market Through 2029?
North America was the largest region in the abdominal aortic aneurysm (AAA) repair devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global abdominal aortic aneurysm (AAA) repair devices market report during the forecast period. The regions covered in the abdominal aortic aneurysm (AAA) repair devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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