Abdominal Aortic Aneurysm (AAA) Repair Devices Market Size, Share, Competitive Landscape and Trend Analysis Report
With a focus on usability, this report equips professionals with the latest industry insights to stay ahead in the competitive abdominal aortic aneurysm (aaa) repair devices market.
How Big Is The Abdominal Aortic Aneurysm (AAA) Repair Devices Market In 2025?
The abdominal aortic aneurysm (aaa) repair devices market size has grown steadily in recent years. It will grow from $2.45 billion in 2024 to $2.56 billion in 2025 at a compound annual growth rate (CAGR) of 4.4%. 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 $3.46 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. 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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What Are The Major Factors Driving The Abdominal Aortic Aneurysm (AAA) Repair Devices Global Market Growth?
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.
Abdominal Aortic Aneurysm (AAA) Repair Devices Market Report Segmentation Analysis
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
What Are The Prominent Trends In The Abdominal Aortic Aneurysm (AAA) Repair Devices Market?
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.
What Are The Top Players Operating 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
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Which Region Holds The Largest Market Share 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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