The Business Research Company’s report on the Abdominal Aortic Aneurysm (AAA) Repair Devices Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the abdominal aortic aneurysm (aaa) repair devices market further?
The growing incidence of abdominal aortic aneurysms is expected to propel the growth of the abdominal aortic aneurysm repair devices market going forward. Abdominal aortic aneurysm refers to the condition that occurs when a section of the aorta wall weakens and the high volume of blood flowing through it exerts pressure on the weak point, causing it to expand outwards and form an aneurysm. Abdominal aortic aneurysm repair devices (stent grafts) are used in treating abdominal aortic aneurysms by inserting into the aorta by a small groin incision and expanding to support the aorta’s weakest section, preventing it from rupturing. For instance, in August 2022, according to the report published by Penn Medicine Lancaster General Health, a US-based not-for-profit health system with a comprehensive network of care, around 200,000 people are diagnosed with an abdominal aortic aneurysm (AAA) each year in the US. Therefore, the growing incidence of abdominal aortic aneurysms is driving the growth of the abdominal aortic aneurysm repair devices market.
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What are the key factors influencing the forecasted market size of the abdominal aortic aneurysm (aaa) repair devices industry?
The abdominal aortic aneurysm (AAA) repair devices market size has grown strongly in recent years. It will grow from$2.45 billion in 2024 to $2.58 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to surgical technique evolution, the aging population, healthcare accessibility, research and development, surgeon expertise and training
The abdominal aortic aneurysm (AAA) repair devices market size is expected to see strong growth in the next few years. It will grow to “$3.45 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to growing awareness and education, demand for cost-effective solutions, regulatory landscape, increasing healthcare expenditure, and advancements in endovascular. Major trends in the forecast period include minimally invasive procedures, endovascular surgery advancements, rising incidence of AAA, regulatory framework changes, and patient-centric care.
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Who are the leading competitors 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 emerging trends are set to transform the abdominal aortic aneurysm (aaa) repair devices market landscape?
Technological improvements are a key trend gaining popularity in the abdominal aortic aneurysm repair devices market. Companies operating in the abdominal aortic aneurysm repair devices market are adopting new technologies to sustain their position in the market. For instance, in September 2024, Cook-Medical LLC., a US-based medical device company, developed a custom-made fenestrated graft for the frozen elephant trunk (FET) aortic procedure, designed specifically to fit the unique structure of a patient’s blood vessels, which is particularly useful in complex vascular surgeries. This graft is used to repair damaged or diseased sections of large arteries, such as the aorta, by offering essential support. Tailored to individual patient needs, these grafts enable a more minimally invasive, precise, and effective procedure, reducing the risk of complications and the need for further surgeries.
How do different geographies compare in terms of market share and growth potential in the abdominal aortic aneurysm (aaa) repair devices market?
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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Which major segments of the abdominal aortic aneurysm (aaa) repair devices market are experiencing the fastest growth?
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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How is the abdominal aortic aneurysm (aaa) repair devices market defined?
Abdominal aortic aneurysm repair devices are medical devices used to treat an abdominal aortic aneurysm, a condition that occurs when a section of the aorta wall weakens and the high volume of blood flowing through it exerts pressure on the weak point, causing it to expand outwards and form an aneurysm. These devices (stent grafts) are placed into the aorta by a small groin incision and expand to support the weakest part of the aorta, preventing it from rupturing.
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