Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Endovascular Stent Graft System and Synthetic Graft System.

By Anatomy;

Traditional Anatomy and Complex Anatomy.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn109907865 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market (USD Million), 2020 - 2030

In the year 2023, the Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market was valued at USD 1,939.98 million. The size of this market is expected to increase to USD 2,444.92 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.

The Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market is a pivotal sector within the broader medical devices industry, focusing on the diagnosis, treatment, and management of abdominal aortic aneurysms, a potentially life-threatening condition characterized by the weakening and enlargement of the aorta in the abdominal area. This market encompasses a wide range of medical devices and technologies specifically designed for the repair and stabilization of abdominal aortic aneurysms, catering to the diverse needs of patients and healthcare providers worldwide.

Abdominal aortic aneurysms pose a significant public health concern due to their potential to rupture, leading to severe internal bleeding and mortality. As such, the demand for effective AAA repair devices is driven by the imperative to prevent aneurysm rupture and mitigate associated risks. These devices play a critical role in both elective and emergency interventions, offering a spectrum of treatment options ranging from minimally invasive endovascular procedures to traditional open surgical repair techniques.

The introduction of endovascular aneurysm repair (EVAR) techniques has revolutionized the management of abdominal aortic aneurysms, offering less invasive alternatives to traditional surgery. EVAR involves the deployment of stent grafts through small incisions in the groin area, thereby bypassing the need for extensive abdominal incisions and reducing procedural risks and recovery times. This minimally invasive approach has gained widespread acceptance among patients and healthcare providers, driving the demand for endovascular AAA repair devices.

The market encompasses a variety of complementary technologies, including diagnostic imaging systems for preoperative planning, catheter-based delivery systems for precise stent graft deployment, and adjunctive therapies for postoperative management and surveillance. The continual advancements in materials science, imaging technology, and surgical techniques contribute to the ongoing evolution of AAA repair devices, enabling more personalized and effective treatment strategies for patients with abdominal aortic aneurysms.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Anatomy
    3. Market Snapshot, By Region
  4. Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Abdominal Aortic Aneurysms

        2. Technological Advancements

        3. Growing Adoption of Minimally Invasive Treatment Options

      2. Restraints
        1. Complications and Risks

        2. Limited Reimbursement Coverage for AAA Repair Devices

        3. Stringent Regulatory Requirements and Approval Processes

      3. Opportunities
        1. Emerging Markets with Untapped Growth Potential

        2. Development of Next-Generation Endovascular Aneurysm Repair Devices

        3. Integration of Artificial Intelligence

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market, By Product Type, 2020 - 2030 (USD Million)
      1. Endovascular Stent Graft System

      2. Synthetic Graft System

    2. Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market, By Anatomy, 2020 - 2030 (USD Million)
      1. Traditional Anatomy

      2. Complex Anatomy

    3. Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. LOMBARD MEDICAL, INC.
      2. TERUMO CORPORATION
      3. nano endoluminal sa
      4. W. L. GORE & ASSOCIATES, INC.
      5. MEDTRONIC PLC
      6. COOK MEDICAL, INC.
      7. jotec gmbh
  7. Analyst Views
  8. Future Outlook of the Market