The global aortic aneurysm market is anticipated to grow with a CAGR of 5.5% over the forecast period, i.e., 2023-2035. Factors such as the increasing geriatric population, poor dietary habits, and high incidence of cardiovascular diseases are projected to drive the growth of the market in the coming years. Further, the growing incidences of smoking are also estimated to accelerate the growth of the market in the coming years. The market is estimated to garner a revenue of nearly USD 5,480.0 Million by the end of 2035 up from a revenue of about USD 3,250.0 Million in the year 2022.
The global aortic aneurysm market is segmented into numerous segments, which include segmentation by type, product type, treatment type, and by region. By product type, the market is segmented into stent grafts, and catheters. By the end of 2035, the stent grafts segment is anticipated to garner the largest revenue of around USD 4,610.0 million, up from a revenue of close to USD 2,610.0 million in the year 2022. Increasing patients’ preferences for new advent stent grafts with new designs, materials, and fabrication techniques are contributing to the growth of the segment. Moreover, the U.S. market dominated the North American aortic aneurysm market by country in 2021 and is expected to continue to be a dominant market till 2031, achieving a market value of USD over 1,960.0 million by 2035. Whereas, the Canadian market is anticipated to grow at a CAGR of nearly 3.0 % from 2023-2035.
On the basis of region, the global aortic aneurysm market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The market in North America, amongst the market in all the other regions, is anticipated to garner the largest revenue of approximately USD 2,190.0 million by the end of 2035. Moreover, in the year 2022, the market in the region generated a revenue of over USD 1,276.0 million. Additionally, the market is predicted to register a CAGR of 5.6 percent between 2023 and 2035. The increasing number of chronic heart patients among the aging population in the North American region is surging the need for companies to focus on the development of new treatments.
Some of the prominent industry leaders in the aortic aneurysm market that are included in our report are W. L. Gore & Associates, Inc., MicroPort Scientific Corporation, LLC, Terumo Corporation, Boston Scientific Corporation, and others.
The global aortic aneurysm market is segmented into numerous segments, which include segmentation by type, product type, treatment type, and by region. By product type, the market is segmented into stent grafts, and catheters. By the end of 2035, the stent grafts segment is anticipated to garner the largest revenue of around USD 4,610.0 million, up from a revenue of close to USD 2,610.0 million in the year 2022. Increasing patients’ preferences for new advent stent grafts with new designs, materials, and fabrication techniques are contributing to the growth of the segment. Moreover, the U.S. market dominated the North American aortic aneurysm market by country in 2021 and is expected to continue to be a dominant market till 2031, achieving a market value of USD over 1,960.0 million by 2035. Whereas, the Canadian market is anticipated to grow at a CAGR of nearly 3.0 % from 2023-2035.
On the basis of region, the global aortic aneurysm market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The market in North America, amongst the market in all the other regions, is anticipated to garner the largest revenue of approximately USD 2,190.0 million by the end of 2035. Moreover, in the year 2022, the market in the region generated a revenue of over USD 1,276.0 million. Additionally, the market is predicted to register a CAGR of 5.6 percent between 2023 and 2035. The increasing number of chronic heart patients among the aging population in the North American region is surging the need for companies to focus on the development of new treatments.
Some of the prominent industry leaders in the aortic aneurysm market that are included in our report are W. L. Gore & Associates, Inc., MicroPort Scientific Corporation, LLC, Terumo Corporation, Boston Scientific Corporation, and others.
Table of Contents
1. Introduction
3. Research Methodology
6. Market Dynamics
8. Regulatory & Standards Landscape
16. Competitive Landscape
17. Global Aortic Aneurysm Market Outlook
18. North America Aortic Aneurysm Market Outlook
19. Europe Aortic Aneurysm Market Outlook
20. Asia Pacific Aortic Aneurysm Market Outlook
21. Japan Aortic Aneurysm Market Outlook
Companies Mentioned
- W. L. Gore & Associates Inc.
- MicroPort Scientific Corporation LLC
- Terumo Corporation
- Boston Scientific Corporation
