Driving Endovascular Aneurysm Repair Devices Market Growth in 2025: The Role of Impact Of Growing Demand For Minimally Invasive Surgical Treatments On The Market

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Endovascular Aneurysm Repair Devices Market Size Growth Forecast: What to Expect by 2025?
The market size for endovascular aneurysm repair devices has seen a substantial growth lately. It is projected to expand from $2.43 billion in 2024 to $2.62 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.9%. This significant growth in the previous periods can be accredited to better results in patients from EVAR procedures, heightened precision and safety in EVAR technology, favourable insurance reimbursement policies, encouraging results from clinical trials, and regulatory authorizations.

How Will the Endovascular Aneurysm Repair Devices Market Size Evolve and Grow by 2029?
The market size for endovascular aneurysm repair devices is predicted to witness robust growth in the next few years, expanding to a value of $3.53 billion by 2029, at a compound annual growth rate of 7.7%. Factors contributing to this increased growth during the forecast period include the surging demand for minimal invasive procedures, the advent of safer and more effective devices, the transition from open surgery to less invasive methods, improvements in imaging and diagnostic technologies, and superior surgical results. Key trends that will characterize the forecast period are advancements in stent graft technology, improved patient outcomes and shorter recovery periods, the application of imaging and navigation technologies in EVAR procedures, the creation of hybrid EVAR devices, and regulatory progression and approvals for novel EVAR devices.

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What Drivers Are Propelling the Growth of Endovascular Aneurysm Repair Devices Market Forward?
The rising preference for minimally invasive surgical treatments is projected to fuel the expansion of the endovascular aneurysm repair devices market. Such treatments involve procedures conducted with the least physical intrusion, leveraging specialized equipment and methods. Factors propelling this preference include shorter recovery periods, diminished risk of complications, smaller cuts resulting in lesser pain, and enhanced accuracy and results. Endovascular Aneurysm Repair (EVAR) devices facilitate such non-invasive surgeries by strengthening the walls of blood vessels and rechanneling blood flow, thereby mitigating the threat of an aneurysm rupture. For instance, in January 2024, Intuitive Surgical Inc., a manufacturer of robotic products based in the US, disclosed that they had installed 415 da Vinci surgical systems - robotic surgical systems that apply a minimally invasive surgical approach - in the fourth quarter of 2023, marking a 12% rise compared to 2022. As a result, the upsurge in the frequency of minimally invasive surgeries is galvanizing the growth of the endovascular aneurysm repair devices market.

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What Long-Term Trends Will Define the Future of the Endovascular Aneurysm Repair Devices Market?
Leading corporations in the endovascular aneurysm repair devices sector are investing in the creation of pioneering solutions like abdominal stent-graft systems to optimize patient results through enhanced durability of devices, higher procedural success rates, and simpler deployment. An abdominal stent-graft system is a medical apparatus used in endovascular aneurysm repair techniques to cure abdominal aortic aneurysms. For example, Terumo India, an Indian medical tech firm, launched the TREO Abdominal Stent-Graft System in August 2024. This revolutionary solution for tackling abdominal aortic aneurysms (AAA) in anatomically suitable adults boasts a distinctive three-part design incorporating both suprarenal and infrarenal active fixation features, boosting stability and efficacy in endovascular aneurysm repair. Notable features include limb adjustability in situ for accurate deployment, better proximal sealing to avoid leaks, and exceptional lock stent technology to reduce migration hazards.

What Are the Key Segments in the Endovascular Aneurysm Repair Devices Market?
The endovascular aneurysm repair devices market covered in this report is segmented -

1) By Aneurysm Type: Abdominal Aortic Aneurysms (AAA), Thoracic Aortic Aneurysms (TAA), Peripheral Aneurysms
2) By Application: Endovascular Grafts, Stent-Grafts, Catheters, Delivery Systems, Imaging Systems
3) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics

Subsegments:
1) By Abdominal Aortic Aneurysms (AAA): Infrarenal AAA, Juxtarenal AAA, Pararenal AAA
2) By Thoracic Aortic Aneurysms (TAA): Ascending Aortic Aneurysms, Aortic Arch Aneurysms, Descending Aortic Aneurysms
3) By Peripheral Aneurysms: Femoral Aneurysms, Popliteal Aneurysms, Iliac Aneurysms, Renal Aneurysms

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Who Are the Key Players Shaping the Endovascular Aneurysm Repair Devices Market's Competitive Landscape?
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

What Geographic Markets Are Powering Growth in the Endovascular Aneurysm Repair Devices Market?
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.

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