Aortic Aneurysm Market is expected to reach US$ 3.56 Bn. at a CAGR of 8.30% during the forecast period 2029.Aortic Aneurysm Market Overview:
An aortic aneurysm is a bulging in the wall of the aorta, the main blood vessel that delivers oxygen-rich blood from the heart to the rest of the body. Aortic aneurysms can develop in any part of the aorta and can be tube-shaped or circular. Internal bleeding or stroke can be life-threatening if an aortic aneurysm develops.To know about the Research Methodology :- Request Free Sample Report
Aortic Aneurysm Market Dynamics:
The rising prevalence of alcohol and tobacco consumption is the major driver for market growth. The rising elderly population, poor eating habits, and the high incidence of Cardiovascular Diseases (CVDs) are some of the factors driving demand for novel therapies and equipment for thoracic and abdominal aneurysm repair, which is projected to propel the market forward. Smoking, which has become a worldwide issue, is also contributing to the market's growth. Due to a lack of information about the detrimental effects of smoking on health and the accompanying risk of developing an aneurysm, low- and middle-income nations, in particular, confront considerable issues about smoking. Regulatory and reimbursement circumstances differ depending on the region. Growing technical advancements and medical research are some of the factors propelling the market forward. Furthermore, the expansion of the Abdominal Aortic Aneurysm Treatment Market is aided by increased research and development activities, which aid in the creation of innovative medicines for a variety of ailments. The market's growth is being hampered by a scarcity of competent professionals and rising treatment costs. Furthermore, lack of awareness and treatment availability is limiting the market's growth over the projection period. Continuous technological improvements in endovascular surgical techniques, on the other hand, are expected to boost the market growth in the coming years. The report has profiled sixteen key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for a future hot spot in APAC region.Segment Analysis:
The Global Aortic Aneurysm Market is segmented on the basis of Type, Treatment and Product. Based on Type, the Abdominal Aortic Aneurysm segment is anticipated to dominate the global market during the forecast period. The segment is expected to grow by registering a CAGR of 5.2% during forecast years. AAA is more frequent in the lower abdomen, with the majority of cases occurring in the infrarenal or juxtarenal regions of the lower abdomen. In comparison to thoracic aneurysms, the number of repairs performed for infrarenal and juxtarenal aneurysms is substantially higher in terms of volume. The market is being driven by two key factors: an increasing geriatric population and technological innovation. Moreover, during the forecasted period, changing lifestyles and advancements in R&D activities would boost overall market demand for abdominal aortic aneurysm treatment. Bolton Medical acquired Vascutek in April 2018 in order to develop aortic and vascular treatments. Based on Product, the stent-grafts segment held a significant market share in 2022. Because of technological breakthroughs in stent-graft design, it is predicted to grow at the fastest rate during the forecast period. Advanced stent graft systems, for example, are now available with built-in imaging and delivery catheters. The use of catheters for blood vessel expansion and occlusion, on the other hand, adds to the overall cost of treatment.Regional Insights:
North America accounted for the dominant share in 2022. The American region has the largest market share and is anticipated to maintain this position during the projection period. This can be ascribed to established healthcare infrastructure, ongoing technical breakthroughs, product developments, and an increase in the number of market player collaborations. Additionally, an increase in the prevalence of aortic aneurysm has come from an increase in the number of tobacco smokers, which is expected to fuel market expansion over the assessment period. In the United States, for example, Medicare provides one abdominal aortic ultrasound for patients at risk. Due to technological developments and a high prevalence of atherosclerosis, Europe is expected to account for a large market share throughout the forecast period. The National Health Service (NHS) and the United States Food and Drug Administration (FDA) are attempting to reduce the occurrence of aortic aneurysm. The report also helps in understanding the Global Aortic Aneurysm Market dynamics, structure by analyzing the market segments and project the Global Aortic Aneurysm Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Aortic Aneurysm Market make the report investor’s guide.Aortic Aneurysm Market Scope: Inquire before buying
Global Aortic Aneurysm Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US$ 2.03 Bn. Forecast Period 2023 to 2029 CAGR: 8.30% Market Size in 2029: US$ 3.56 Bn. Segments Covered: by Type Thoracic Aortic Aneurysm (TAA) Abdominal Aortic Aneurysm (AAA) by Treatment Open Surgical Repair (OSR) Endovascular Aneurysm Repair (EVAR) by Product Stent Graft Catheter Aortic Aneurysm Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Aortic Aneurysm Market Key Players
1. Medtronic 2. W. L. Gore and Associates 3. Cook 4. Cardinal Health 5. Terumo Corporation 6. AbbVie Inc 7. Merck & Co., Inc 8. Lombard Medical, Inc 9. Boston Scientific Corporation 10.Cardiatis S.A 11.JOTEC GmbH 12.Endologix, Inc. 13.Endospan 14.LifeTech Scientific Corporation 15.Getinge AB 16.Arsenal Medical, Inc. Frequently Asked Questions: 1. Which region has the largest share in Global Aortic Aneurysm Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Aortic Aneurysm Market? Ans: The Global Aortic Aneurysm Market is growing at a CAGR of 8.30% during forecasting period 2023-2029. 3. What is scope of the Global Aortic Aneurysm market report? Ans: Global Aortic Aneurysm Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Aortic Aneurysm market? Ans: The important key players in the Global Aortic Aneurysm Market are – Medtronic, W. L. Gore and Associates, Cook, Cardinal Health, Terumo Corporation, AbbVie Inc, Merck & Co., Inc, Lombard Medical, Inc, Boston Scientific Corporation, Cardiatis S.A, JOTEC GmbH, Endologix, Inc., Endospan, LifeTech Scientific Corporation, Getinge AB, Arsenal Medical, and Inc.. 5. What is the study period of this market? Ans: The Global Aortic Aneurysm Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Aortic Aneurysm Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Aortic Aneurysm Market 3.4. Geographical Snapshot of the Aortic Aneurysm Market, By Manufacturer share 4. Global Aortic Aneurysm Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Aortic Aneurysm Market 5. Supply Side and Demand Side Indicators 6. Global Aortic Aneurysm Market Analysis and Forecast, 2022-2029 6.1. Global Aortic Aneurysm Market Size & Y-o-Y Growth Analysis. 7. Global Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Thoracic Aortic Aneurysm (TAA) 7.1.2. Abdominal Aortic Aneurysm (AAA) 7.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 7.2.1. Open Surgical Repair (OSR) 7.2.2. Endovascular Aneurysm Repair (EVAR) 7.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 7.3.1. Stent Graft 7.3.2. Catheter 8. Global Aortic Aneurysm Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Thoracic Aortic Aneurysm (TAA) 9.1.2. Abdominal Aortic Aneurysm (AAA) 9.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 9.2.1. Open Surgical Repair (OSR) 9.2.2. Endovascular Aneurysm Repair (EVAR) 9.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 9.3.1. Stent Graft 9.3.2. Catheter 10. North America Aortic Aneurysm Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 12. Canada Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 13. Mexico Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 14. Europe Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 15. Europe Aortic Aneurysm Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 17. France Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 18. Germany Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 19. Italy Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 20. Spain Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 21. Sweden Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 22. CIS Countries Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 23. Rest of Europe Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 24. Asia Pacific Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 25. Asia Pacific Aortic Aneurysm Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 27. India Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 28. Japan Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 29. South Korea Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 30. Australia Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 31. ASEAN Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 32. Rest of Asia Pacific Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 33. Middle East Africa Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 34. Middle East Africa Aortic Aneurysm Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 36. GCC Countries Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 37. Egypt Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 38. Nigeria Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 39. Rest of ME&A Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 40. South America Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 41. South America Aortic Aneurysm Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 43. Argentina Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 44. Rest of South America Aortic Aneurysm Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Treatment, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Product, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Aortic Aneurysm Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Medtronic 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. W. L. Gore and Associates 45.3.3. Cook 45.3.4. Cardinal Health 45.3.5. Terumo Corporation 45.3.6. AbbVie Inc 45.3.7. Merck & Co., Inc 45.3.8. Lombard Medical, Inc 45.3.9. Boston Scientific Corporation 45.3.10. Cardiatis S.A 45.3.11. JOTEC GmbH 45.3.12. Endologix, Inc. 45.3.13. Endospan 45.3.14. LifeTech Scientific Corporation 45.3.15. Getinge AB 45.3.16. Arsenal Medical, Inc. 46. Primary Key Insights