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Rising Incidence Of Aortic Aneurysms Fuels Expansion Of Aortic Endograft Market: Pivotal Factor Influencing Aortic Endograft Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Aortic Endograft Market Size Growth Forecast: What to Expect by 2025?
There has been significant growth in the size of the aortic endograft market in recent years. The market is projected to expand from $3.35 billion in 2024 to $3.52 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 5.4%. Factors contributing to this growth in the past include the surge in medical tourism, a rising need for managing aortic aneurysms, an increase in aortic aneurysm cases, the successful implementation of endograft implants, and an increased number of hospitals.
How Will the Aortic Endograft Market Size Evolve and Grow by 2029?
The market for aortic endografts is forecasted to experience consistent expansion in the incoming years, reaching $4.28 billion in 2029 with an annual compound growth rate of 5.0%. This growth throughout the projection period can be credited to the rising cases of abdominal aortic aneurysm, the increased favour towards minimally invasive endovascular methods, an aging population, advancements in stent-graft materials and designs, and the launch of new stent-graft items. Significant trends projected for this period include the utilization of endovascular abdominal aortic aneurysm (AAA) repair gadgets, the effectiveness of unibody and non-unibody aortic stents, and product innovation.
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What Drivers Are Propelling the Growth of Aortic Endograft Market Forward?
The increase in instances of aortic aneurysms is anticipated to stimulate the aortic endograft market's expansion. An aortic aneurysm refers to an irregular and localized swelling or expansion of the aorta, the human body's largest artery. Aortic endografts offer a less invasive alternative to conventional open surgery for treating aortic aneurysms. These are fabric-coated metal or polymer devices introduced through a catheter to reinforce fragile aortic walls and diminish the rupture risk. For example, the Government Digital Service, a UK-based public sector information website, reported in February 2023 that about 274,800 men underwent screening, with 79.0% receiving a definitive screen and 1,794 aneurysms detected from April 2021 to March 2022. Hence, the rising frequency of aortic aneurysms is fuelling the aortic aneurysm market's growth.
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Which Emerging Trends Are Transforming the Aortic Endograft Market in 2025?
Leading businesses in the aortic endograft market are pioneering novel solutions like the castor-branched aortic stent graft system to establish a distinct market position. This medical device is used for non-invasive repair of the aorta and aortic arch, especially in Stanford type B aortic dissection (TBAD) situations. For example, Terumo India, a major presence in medical technology, and the Indian subsidiary of Terumo Corporation, launched the TREO Stent-Graft System, a breakthrough in Endovascular Aneurysm Repair (EVAR), in August 2024. The advanced system, designed for use in adults with suitable anatomies suffering from infrarenal abdominal aortic aneurysms, is the sole EVAR graft to provide both suprarenal and infrarenal proactive fixation.
What Are the Key Segments in 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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Who Are the Key Players Shaping the Aortic Endograft Market's Competitive Landscape?
Major companies operating in the aortic endograft market report are Cardinal Health Inc., Abbott Laboratories, Medtronic Plc, Becton, inson 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 Geographic Markets Are Powering Growth in the Aortic Endograft Market?
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.
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