PUBLISHER: SkyQuest | PRODUCT CODE: 1896071
PUBLISHER: SkyQuest | PRODUCT CODE: 1896071
Global Aortic Aneurysm Market size was valued at USD 4.52 Billion in 2024 and is poised to grow from USD 4.96 Billion in 2025 to USD 10.48 Billion by 2033, growing at a CAGR of 9.8% during the forecast period (2026-2033).
The global aortic aneurysm market is significantly influenced by the growing elderly population and the rising prevalence of atherosclerosis. The demand for minimally invasive procedures is surging, supported by favorable health reimbursement policies. Factors such as an increase in cardiovascular diseases, sedentary lifestyles, and poor dietary habits contribute to the rising incidence of aortic aneurysms. With a considerable percentage of the population aged over 65, the patient demographic is expanding, particularly in developed nations. Risk factors like smoking further heighten the likelihood of aneurysm development. Additionally, the shift towards minimally invasive techniques, such as endovascular aneurysm repair (EVAR), is transforming treatment approaches, offering benefits like reduced recovery time and improved patient outcomes, thus fueling market growth.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Aortic Aneurysm market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Aortic Aneurysm Market Segments Analysis
Global Aortic Aneurysm Market is segmented by Type, Treatment, Product, End-Use and region. Based on Type, the market is segmented into Thoracic Aortic Aneurysm (TAA) and Abdominal Aortic Aneurysm (AAA). Based on Treatment, the market is segmented into Open Surgical Repair (OSR) and Endovascular Aneurysm Repair (EVAR). Based on Product, the market is segmented into Stent Grafts, Catheters and Others. Based on End-Use, the market is segmented into Hospitals, Ambulatory Surgery Centers (ASCs) and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Aortic Aneurysm Market
The global market for aortic aneurysms is propelled by the growing occurrence of this condition, especially among older adults. Contributing elements like high blood pressure, tobacco use, and atherosclerosis are leading to a higher prevalence of aortic aneurysms, which in turn creates a strong demand for advanced diagnostic and therapeutic solutions. As the need for effective management of this serious health issue intensifies, healthcare providers are seeking innovative tools and treatments. This trend underscores the importance of addressing aortic aneurysms as a critical area for development within the medical field, driving market expansion and investment in research and technology.
Restraints in the Global Aortic Aneurysm Market
A major challenge facing the global aortic aneurysm market is the insufficient awareness regarding this condition among both the general public and healthcare providers. This knowledge gap can lead to a higher incidence of underdiagnosis and delayed medical intervention, ultimately contributing to adverse patient outcomes. Such factors can significantly impede the growth and development of the market, as effective management of aortic aneurysms is contingent upon timely diagnosis and treatment. Enhancing awareness and education around this condition is essential for improving patient care and driving the market forward.
Market Trends of the Global Aortic Aneurysm Market
The Global Aortic Aneurysm market is witnessing a notable trend characterized by an increasing demand for advanced diagnostic and therapeutic options driven by a growing aging population and the rising prevalence of cardiovascular diseases. Innovations in minimally invasive surgical techniques and endovascular aneurysm repair (EVAR) are enhancing patient outcomes while reducing recovery times, further propelling market growth. Additionally, the integration of artificial intelligence and telemedicine into patient management is improving diagnosis accuracy and treatment personalization. As healthcare professionals and patients alike prioritize efficient and effective solutions, the market is positioned for continued expansion, emphasizing the need for ongoing research and development in this critical area.