Endovascular Aneurysm Repair Devices Market

The Global Endovascular Aneurysm Repair Devices Market has been segmented by Indication, Site, Anatomy, Products and Geography, indication into abdominal aortic aneurysms (AAA), thoracic aortic aneurysms (TAA), and others. AAA accounts for the largest share due to its higher prevalence and the widespread use of minimally invasive treatments for these aneurysms. TAA treatment is also growing significantly, propelled by advances in imaging and surgical techniques, which facilitate accurate interventions in the thoracic region. Rising awareness and early diagnosis are expected to fuel the adoption of EVAR devices for both indications.

By site, the market is divided into infrarenal, juxtarenal, and suprarenal aneurysms. Infrarenal aneurysms dominate the market as they are more common and are treated effectively with standard EVAR devices. Juxtarenal and suprarenal aneurysm segments are growing due to the development of advanced devices that can handle complex anatomies and preserve branch vessel perfusion. The anatomical complexity of aneurysms plays a critical role in device selection, driving innovation in fenestrated and branched EVAR systems.

The product segmentation includes stent grafts and auxiliary devices such as catheters, guidewires, and imaging tools. Stent grafts represent the largest segment, driven by their essential role in aneurysm sealing and durability. Auxiliary devices are critical in ensuring procedural success, contributing to the market's growth. Geographically, North America and Europe lead the market due to well-established healthcare systems and the high adoption of advanced technologies. Meanwhile, the Asia-Pacific region is experiencing rapid growth owing to increasing healthcare infrastructure, rising prevalence of aortic aneurysms, and expanding access to minimally invasive treatments.

Global Endovascular Aneurysm Repair Devices Segment Analysis

In this report, the Global Endovascular Aneurysm Repair Devices Market has been segmented by Indication, Site, Anatomy, Products and Geography.

Global Endovascular Aneurysm Repair Devices Market, Segmentation by Indication

The Global Endovascular Aneurysm Repair Devices Market has been segmented by Indication into Abdominal Aortic Aneurysm, Thoracic Aortic Aneurysm, Ascending Aortic Aneurysm, Descending Aortic Aneurysm, Thoracoabdominal Aortic Aneurysm, Thoracic Arch Aortic Aneurysm and Others.

One of the primary segments is abdominal aortic aneurysm (AAA), which involves the weakening of the abdominal aorta, often leading to a bulge or enlargement that can be life-threatening if ruptured. Endovascular devices designed for AAA repair offer minimally invasive alternatives to traditional open surgery, reducing recovery times and risks associated with the procedure.

Thoracic aortic aneurysms (TAA) represent another critical segment within the market. These aneurysms occur in the portion of the aorta that runs through the chest cavity. Endovascular solutions for TAA aim to reinforce weakened areas of the thoracic aorta, reducing the risk of rupture and potentially fatal complications. Ascending and descending aortic aneurysms, along with thoracoabdominal and thoracic arch aortic aneurysms, further diversify the indication segmentation. Each type presents unique challenges in terms of anatomy and risk, necessitating specialized endovascular devices tailored to their precise location and characteristics.

The inclusion of an Others category acknowledges the broader spectrum of aortic aneurysms that may not fit neatly into the specified subtypes. This category could encompass rare or less common types of aneurysms, as well as cases where the precise location or classification may vary. Despite being grouped under a single category, the needs of patients with these less typical aneurysms remain significant, underscoring the importance of ongoing innovation and development within the endovascular device market to address diverse clinical scenarios comprehensively.

Global Endovascular Aneurysm Repair Devices Market, Segmentation by Site

The Global Endovascular Aneurysm Repair Devices Market has been segmented by Site into Infrarenal, Pararenal, Juxtarenal and Suprarenal.

As per the segmentation by site, the market is categorized into Infrarenal, Pararenal, Juxtarenal, and Suprarenal. Among these segments, the Infrarenal segment holds the largest market share. This dominance can be attributed to the higher incidence rate of infrarenal AAA compared to other types. Additionally, technological advancements in endovascular repair procedures and the increasing adoption of minimally invasive techniques further propel the growth of this segment.

The Pararenal segment is also experiencing notable growth due to the increasing awareness about endovascular techniques among healthcare professionals and patients. Pararenal AAA involves an aneurysm that extends to the renal arteries, posing a complex treatment challenge. However, advancements in endovascular devices and techniques offer safer and more effective solutions, contributing to the segment's growth.

The Juxtarenal and Suprarenal segments are witnessing steady growth, albeit at a slower pace compared to the Infrarenal and Pararenal segments. Juxtarenal and Suprarenal AAA cases are relatively rare but often require more specialized treatment approaches due to their proximity to vital structures such as the renal or visceral arteries. Nonetheless, the growing adoption of endovascular repair devices for complex AAA cases is driving the demand in these segments.

Global Endovascular Aneurysm Repair Devices Market, Segmentation by Anatomy

The Global Endovascular Aneurysm Repair Devices Market has been segmented by Anatomy into Traditional and Complex.

The Traditional anatomy segment comprises aneurysms that are relatively straightforward in terms of their location and shape. These may include abdominal aortic aneurysms (AAA) with standard configurations and predictable anatomical features. For such cases, endovascular aneurysm repair (EVAR) devices offer a minimally invasive alternative to open surgery, providing patients with quicker recovery times and reduced risk of complications. The demand for devices tailored to traditional anatomies remains robust due to the prevalence of conditions like AAA, particularly in aging populations.

The Complex anatomy segment caters to cases where aneurysms present challenging characteristics such as tortuosity, angulation, or anatomical variations. These complexities pose technical challenges during endovascular procedures and require specialized devices designed to navigate and treat these anatomical intricacies effectively. Innovations in device design and imaging technologies have enabled the development of solutions tailored to complex anatomies, expanding the scope of endovascular interventions to a broader patient population.

Despite the higher technical requirements and procedural complexities associated with treating complex anatomies, this segment represents a growing opportunity within the endovascular aneurysm repair market. The increasing adoption of advanced imaging modalities and the refinement of endovascular techniques contribute to improving outcomes for patients with complex anatomical presentations. Moreover, ongoing research and development efforts focus on enhancing device performance and versatility to address the evolving needs of physicians and patients in this segment.

Global Endovascular Aneurysm Repair Devices Market, Segmentation by Products

The Global Endovascular Aneurysm Repair Devices Market has been segmented by Products into Percutaneous EVAR, Fenestrated EVAR, Aortic Stents & TAA Grafts and Others.

Percutaneous EVAR, also known as PEVAR, involves the minimally invasive repair of abdominal aortic aneurysms (AAA) through small incisions in the groin area. This technique offers several advantages over traditional open surgery, including shorter hospital stays, quicker recovery times, and reduced risk of complications. The growing preference for minimally invasive procedures among both patients and physicians is driving the demand for Percutaneous EVAR devices.

Fenestrated EVAR (FEVAR) is a specialized form of EVAR used to treat complex AAA involving the renal and visceral arteries. These devices incorporate fenestrations or openings that allow for precise placement and alignment with the branching vessels, ensuring optimal blood flow and preservation of organ function. As the prevalence of complex AAA cases increases, the demand for Fenestrated EVAR devices is expected to grow steadily.

Aortic stents and TAA grafts are crucial components of EVAR procedures, providing structural support and sealing off the aneurysm to prevent rupture. These devices are designed to conform to the unique anatomical characteristics of each patient, ensuring a secure fit and long-term durability. With advancements in stent technology and material science, manufacturers are introducing innovative products with enhanced flexibility, radial strength, and compatibility with various anatomies.

The Others category encompasses a diverse range of EVAR devices, including embolic coils, embolization plugs, and balloon catheters used in adjunctive procedures such as embolization and angioplasty. These devices play a complementary role in the treatment of complex aneurysms and vascular lesions, offering physicians greater flexibility and precision in their approach. As the field of endovascular intervention continues to evolve, the demand for specialized devices within this category is expected to grow, further driving market expansion.

Global Endovascular Aneurysm Repair Devices Market, Segmentation by Geography

In this report, the Global Endovascular Aneurysm Repair Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Endovascular Aneurysm Repair Devices Market Share (%), by Geographical Region, 2024

North America holds a dominant position in the global market, attributed to factors such as well-established healthcare infrastructure, high adoption rates of advanced medical technologies, and favorable reimbursement policies. Additionally, the presence of key market players and extensive research and development activities contribute to the region's market growth.

Europe follows North America in terms of market share, driven by increasing awareness about endovascular procedures among healthcare professionals and patients, along with a rising prevalence of abdominal aortic aneurysms (AAAs) in the region. Moreover, supportive government initiatives aimed at improving healthcare infrastructure further bolster market growth in Europe.

The Asia Pacific region is expected to witness rapid growth in the forecast period, owing to factors such as a large patient pool, improving healthcare infrastructure, and rising healthcare expenditure in emerging economies like China and India. Moreover, increasing investments by key market players to expand their presence in the region contribute to market expansion.

In the Middle East and Africa region, the market is primarily driven by a growing geriatric population and rising incidences of lifestyle-related diseases, which increase the risk of aneurysms. However, factors such as limited access to advanced healthcare facilities and low awareness about endovascular procedures may restrain market growth in this region.

Latin America is also witnessing steady growth in the endovascular aneurysm repair devices market, driven by increasing healthcare expenditure, improving healthcare infrastructure, and a rising prevalence of cardiovascular diseases in the region. However, challenges such as economic instability and limited access to healthcare facilities in remote areas may hinder market growth to some extent.

This report provides an in depth analysis of various factors that impact the dynamics of Global Endovascular Aneurysm Repair Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Aging population
• Technological advancements
• Increasing prevalence of aneurysms

• Growing demand for minimally invasive procedures: The global endovascular aneurysm repair (EVAR) devices market is experiencing significant growth, primarily fueled by the rising demand for minimally invasive procedures. Minimally invasive techniques offer numerous advantages over traditional open surgeries, including shorter recovery times, reduced risk of complications, and smaller incisions, leading to less postoperative pain. As a result, patients are increasingly opting for these procedures, driving the market for EVAR devices.

  Technological advancements in endovascular techniques have enhanced the safety and efficacy of EVAR procedures, further boosting their adoption. Innovations such as improved stent graft designs, advanced imaging technologies, and better catheterization techniques have contributed to better outcomes and expanded the pool of eligible patients for endovascular treatment. Additionally, the aging population worldwide, coupled with the increasing prevalence of aneurysms, has spurred the demand for minimally invasive solutions, as these patients often seek treatments that offer quicker recovery and shorter hospital stays.

  The growing awareness among healthcare professionals and patients about the benefits of EVAR procedures has also played a pivotal role in driving market growth. Physicians are increasingly recommending endovascular interventions as a preferred treatment option for aortic aneurysms, given their lower procedural risks and better patient outcomes compared to open surgeries. Additionally, patient education initiatives and promotional activities by key market players have contributed to increased awareness about the availability and benefits of EVAR devices, further stimulating market demand.

Restraints

• High cost of devices
• Stringent regulatory requirements
• Lack of skilled professionals

• Limited reimbursement policies: The global market for endovascular aneurysm repair devices has experienced significant growth over the past decade, driven by advancements in technology, increasing prevalence of aneurysms, and rising demand for minimally invasive treatment options. Endovascular aneurysm repair (EVAR) procedures involve the placement of stent grafts inside the aorta to reinforce weak areas prone to aneurysm formation, thereby reducing the risk of rupture. These procedures offer several advantages over traditional open surgery, including shorter recovery times, reduced hospital stays, and lower complication rates.

  Despite the growth opportunities, the market faces challenges, one of which is limited reimbursement policies. Reimbursement policies play a crucial role in determining the adoption rate of EVAR procedures, as they influence both patient and physician decision-making. In many regions, reimbursement for EVAR procedures may be limited or subject to stringent criteria, making it difficult for patients to access these treatments, particularly in underinsured or low-income populations. Additionally, varying reimbursement policies across different healthcare systems and payers can create uncertainty for manufacturers and providers, impacting investment decisions and market expansion strategies.

  The limited reimbursement landscape poses a barrier to the widespread adoption of endovascular aneurysm repair devices, hindering market growth potential. Manufacturers may face challenges in achieving adequate pricing for their products, especially in regions where reimbursement rates are low or insufficient to cover the costs associated with device development, regulatory compliance, and post-market surveillance. Furthermore, healthcare providers may be reluctant to offer EVAR procedures if reimbursement rates do not adequately compensate for their time and resources, further limiting patient access to these life-saving treatments.

Opportunities

• Emerging markets
• Development of novel devices
• Collaborations and partnerships

• Rising healthcare expenditure: The global endovascular aneurysm repair (EVAR) devices market is witnessing significant growth, driven primarily by rising healthcare expenditure worldwide. As healthcare systems allocate more resources to advanced treatments and technologies, the demand for minimally invasive procedures like EVAR is on the rise. EVAR offers several advantages over traditional surgical methods for treating aortic aneurysms, including shorter recovery times, reduced risk of complications, and lower overall healthcare costs. This has led to increased adoption by both healthcare providers and patients, fueling the expansion of the EVAR devices market.

  The aging population in many regions is contributing to the growing prevalence of aortic aneurysms, further boosting the demand for EVAR devices. With advancing age, individuals are more prone to developing aneurysms, necessitating effective treatment options. EVAR procedures provide a less invasive alternative to open surgery, particularly suitable for elderly patients or those with additional health complications. As a result, the market for EVAR devices is poised for continuous growth as the global population continues to age.

  Technological advancements in EVAR devices are driving market expansion. Manufacturers are constantly innovating to improve the design, materials, and functionality of these devices, enhancing their safety and efficacy. Advanced imaging techniques, such as 3D imaging and virtual reality, are also being integrated into EVAR procedures to enhance precision and outcomes. These innovations not only make EVAR procedures more effective but also contribute to overall market growth by attracting both patients and healthcare providers seeking state-of-the-art treatment options.

Key players in Global Endovascular Aneurysm Repair Devices Market include:

• Medtronic plc
• Cook Medical
• Terumo Corporation
• Endologi Inc
• Cardinal Health Inc
• Lombard Medical Technologies PLC
• JOTEC GmbH
• Merit Medical Systems Inc
• MicroPort Scientific Corporation
• Cardinal Health Inc

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis