Global Aortic Aneurysm Market

Global Aortic Aneurysm Market Size, Share, Growth Analysis, By Type(Thoracic Aortic Aneurysm (TAA), and Abdominal Aortic Aneurysm (AAA)), By Treatment(Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR)), By Product(Stent Grafts, and Catheters), By End-use(Hospitals, Ambulatory Surgery Centers) - Industry Forecast 2023-2030


Report ID: SQMIG35A2601 | Region: Global | Published Date: June, 2023 | Pages: 157 | Tables: 114 | Figures: 77

Global Aortic Aneurysm Market Insights

Aortic Aneurysm Market size was valued at USD 4.25 billion in 2021 and is poised to grow from USD 4.7 billion in 2022 to USD 10.4 billion by 2030, growing at a CAGR of 10.61% in the forecast period (2023-2030).

The market is mainly driven by the aging population's growth and atherosclerosis's prevalence. The expansion is also being aided by favorable health reimbursement regulations and a rise in the demand for minimally invasive procedures. The prevalence of AA is rising globally as a result of rising cardiovascular disease cases, the increasing adoption of sedentary habits, and bad dietary practices. The number of elderly people is growing, which expands the patient base. In the United States, this population group accounted for 54 million people, or over 16% of the country's total population, based on the U.S. Ministry of Health and Human Services. Additionally, it is anticipated that this number would increase to 80.8 million by 2040 and reach 94.7 million by 2060. Therefore, an increase in AA repair treatments is anticipated during the next five years due to the rapidly aging population. Aortic aneurysms are more likely to develop in people over 65 because the aorta's walls start to weaken at this age. The risk also rises as a result of other cardiovascular disorders.

Smoking dramatically raises the risk of aortic aneurysm development. Around 22.3% of people worldwide used tobacco in 2020, according to the WHO. Smoking was deemed by the United States Preventive Services Task Force to be a significant risk factor for AAA in males aged 65 to 75 who have ever smoked. In people with a AAA, continuing to smoke is linked to higher rates of enlargement and a higher likelihood of rupture. Patients who are having surgical AA repair are more likely to die during surgery and die later if they smoke.

In the most developed nations, including the United States, the United Kingdom, and Japan, minimally invasive surgical procedures like EVAR are gradually replacing conventionally performed surgical procedures. For operations on internal body components in traditional surgery, an incision is necessary. These operations call for high levels of precision, intense focus, and surgical competence. However, the benefits of minimally invasive operations include less blood loss, minimal to no scarring, smaller incisions, shorter hospital stays with quicker recovery times, and frequently better outcomes. Because of this, the market is expected to rise due to rising demand for minimally invasive EAVR procedures.

US Aortic Aneurysm Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 4.25 billion

Largest Segment

Abdominal Aortic Aneurysm (AAA)

Fastest Growth

Abdominal Aortic Aneurysm (AAA)

Growth Rate

10.61% CAGR

Global Aortic Aneurysm Market ($ Bn)
Country Share for North America Region (%)
Global Aortic Aneurysm Market By Type ($ Bn)
Global Aortic Aneurysm Market By Type (%)

To get more reports on the above market click here to Buy The Report

Global Aortic Aneurysm Market Segmental Analysis

The global aortic aneurysm market is segmented on the basis of 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, and Catheters. Based on End-use the market is segmented into Hospitals, Ambulatory Surgery Centers, Clinics. Based on region the global Aortic Aneurysm Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Aortic Aneurysm Market Analysis by Type

The market for AA treatments was dominated by abdominal aortic aneurysms in 2022 with a market share of 70.9% and is expected to increase at the quickest rate of 10.75% over the next five years. The lower abdomen is where AAA is most frequently found, and the majority of instances are either under the kidney or in the pararenal region of the lower abdomen. In general, there are substantially more repairs for subrenal & pararenal aneurysms than TAA. Around 2.5% of persons over the age of 65 have AAA, according to a Circulation article.

The segment's expansion is being fueled by robust R&D as well as solid government backing for product approvals. For instance, the Zenith Fenestrated+ Endovascular Graft (ZFEN+) was given the U.S. FDA's breakthrough device designation by Cook Medical, Inc. Intravascular AA is treated.

The low prevalence of TAA and the lack of cutting-edge technologies for its endovascular management are responsible for the segment's gradual expansion. However, this market is expected to grow rapidly in the upcoming years because of the growing acceptability of minimally invasive methods on a global scale, as well as technical advancements that will result in shorter hospital stays and lower overall treatment costs.

Aortic Aneurysm Market Analysis by Product

The sector with the highest revenue share more than 85.0%—was stent grafts. During the forecast period, the segment is expected to have significant expansion as a result of technological developments in stent-graft design. For instance, sophisticated stent graft systems with built-in imaging and delivery catheters are now available. These tools can be applied in cases like aneurysms and severe vascular damage. The market is divided into stent grafts & catheters based on the product.

A new line of prostheses called Nellix & Ovation Stent Grafts uses polymer technology to repair abdominal aortic aneurysms. CT scans can be performed after surgery. The advantages of stent-graft vascular repair are still driving the segment's expansion. The Terumo Corporation launched PANTHER, a global study on knitted and weaved surgical grafts, in September 2021. Such research projects by important players should be advantageous for segment growth.

It is estimated that the catheters category can expand steadily over the course of the forecasted period. The stent transplant is inserted into an AA via a delivery catheter, which is a long, incredibly thin, soft plastic tube. Two catheters are used during the EVAR procedure. The first catheter is inserted into an artery in the leg near the groin. To position the stent, the delivery catheter is then inserted through the vessel and into the aneurysm. A delivery catheter with a compressed bridge graft is inserted through the conduit & into the aneurysm to place the stent. The delivery catheter is taken out once the surgeons have successfully inserted the stent transplant.

Global Aortic Aneurysm Market By Type, 2021 (%)

To get detailed analysis on other segments, Request For Sample Report

Global Aortic Aneurysm Market Regional Insights

North America held the largest revenue share of nearly 56.6% in 2022 as a result of the quick advancement of technology, the shift towards procedures that are minimally invasive, and the rising prevalence of AA. The test Stomach Aortic Aneurysms Very Efficiently (SAVE) Act, that has been put into action by the U.S. government in 2014, grants one free AAA test to men who have smoked at least once in their entire lives and women with a family record of the condition. Additionally, the governments' considerable financial assistance is encouraging growth in markets in general. For example, Medicare in the US will pay for one abdominal aorta ultrasound for patients that are at risk.

Asia Pacific is anticipated to grow at the fastest CAGR of 11.41% during the projected period because of the region's aging populace, high prevalence of cardiovascular diseases and hypertension, & rising disposable income. According to the Asian Development Bank (ADB), one in four Asians and Pacific Islanders will be older than 60 by 2050. Between the years 2010 and 2050, the number of senior people in the region will double, reaching over 1.3 billion. Due to the substantial aging of the population in the region, the market for Asia Pacific is growing.

Global Aortic Aneurysm Market By Geography, 2023-2030
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Global Aortic Aneurysm Market Dynamics

Aortic Aneurysm Market Drivers

Increasing Prevalence of Aortic Aneurysms

  • The rising incidence of aortic aneurysms, particularly in aging populations, is a significant driver for market growth. Factors such as hypertension, smoking, and atherosclerosis contribute to the increasing prevalence of aortic aneurysms, necessitating effective diagnosis and treatment options.

Aortic Aneurysm Market Restraints

Lack of Awareness and Underdiagnosis

  • A significant restraint in the aortic aneurysm market is the lack of awareness about the condition among the general population and even healthcare professionals. This can result in underdiagnosis, delayed treatment, and poor patient outcomes, hindering market growth.

Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report

Global Aortic Aneurysm Market Competitive Landscape

A majority of mid- and small-sized businesses dominate this somewhat fragmented industry. The majority of players use mergers and acquisitions as one of their primary methods to improve their position. As an illustration, Terumo Corporation purchased Aortica Corporation, a company based in the United States that is committed to furthering the science of individualized vascular therapy. When performing fenestrated intravascular aortic repair (FEVAR), Aortic a has created Aorta Fit, an automated case planning programme that precisely aligns the opening on the endograft to the particular position of each patient's branch artery.

Aortic Aneurysm Market Top Player’s Company Profiles

  • Medtronic PLC
  • Cook Medical
  • Terumo Corporation
  • Lombard Medical (MicroPort Scientific Corporation)
  • W. L. Gore & Associates, Inc.
  • Endologix, Inc.
  • Cardinal Health, Inc.
  • C. R. Bard, Inc. (Becton, Dickinson and Company)
  • Bolton Medical (Vascutek Ltd.)
  • JOTEC GmbH
  • Merit Medical Systems, Inc.
  • MicroPort Scientific Corporation
  • CryoLife, Inc.
  • Lemaitre Vascular, Inc.
  • Endospan Ltd.
  • Japan Lifeline Co., Ltd.
  • Getinge AB
  • Altura Medical (Cardinal Health)
  • BiFlow Medical Ltd.
  • LeMaitre Vascular, Inc.

Aortic Aneurysm Market Recent Developments

  • In July 2022, The Phase II research for the medication candidate CS1 for pulmonary arterial hypertension, or PAH, began, according to an announcement from Cereno Scientific.
  • In June 2022, Key preclinical data confirming seralutinib's potential for the management of pulmonary arterial hypertension, or PAH, was released, according to a statement from Gossamer Bio, Inc.

Global Aortic Aneurysm Key Market Trends

  • E-commerce Boom: The rapid growth of e-commerce continues to reshape retail markets globally. The convenience, wide product selection, and competitive pricing offered by online platforms have led to a significant shift in consumer behavior, driving the expansion of the e-commerce market.
  • Rise of Sustainability: Increasing consumer awareness and concerns about environmental sustainability have influenced market trends across various industries. Consumers are demanding eco-friendly and socially responsible products and services, prompting businesses to adopt sustainable practices and develop green initiatives.
  • Digital Transformation: Digital transformation is a prevalent trend across industries as organizations embrace technologies like artificial intelligence, machine learning, big data analytics, cloud computing, and the Internet of Things (IoT) to optimize operations, enhance customer experiences, and gain a competitive edge.
  • Remote Work and Collaboration: The COVID-19 pandemic accelerated the adoption of remote work and virtual collaboration tools. As a result, businesses are reevaluating traditional office setups and investing in technologies that support remote work, such as video conferencing, project management software, and cybersecurity solutions.

Global Aortic Aneurysm Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our aortic aneurysm market analysis, the aging population's growth and atherosclerosis prevalence are the key growth drivers. The expansion is also being aided by favorable health reimbursement regulations and a rise in the demand for minimally invasive procedures. The prevalence of AA is rising globally as a result of rising cardiovascular disease cases, the increasing adoption of sedentary habits, and bad dietary practices. The number of elderly people is growing, which expands the patient base.

Report Metric Details
Market size value in 2021 USD 4.25 billion
Market size value in 2030 USD 10.4 billion
Growth Rate 10.61%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Thoracic Aortic Aneurysm (TAA), and Abdominal Aortic Aneurysm (AAA)
  • Treatment
    • Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR)
  • Product
    • Stent Grafts, and Catheters
  • End-use
    • Hospitals, Ambulatory Surgery Centers, Clinics
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Medtronic PLC
  • Cook Medical
  • Terumo Corporation
  • Lombard Medical (MicroPort Scientific Corporation)
  • W. L. Gore & Associates, Inc.
  • Endologix, Inc.
  • Cardinal Health, Inc.
  • C. R. Bard, Inc. (Becton, Dickinson and Company)
  • Bolton Medical (Vascutek Ltd.)
  • JOTEC GmbH
  • Merit Medical Systems, Inc.
  • MicroPort Scientific Corporation
  • CryoLife, Inc.
  • Lemaitre Vascular, Inc.
  • Endospan Ltd.
  • Japan Lifeline Co., Ltd.
  • Getinge AB
  • Altura Medical (Cardinal Health)
  • BiFlow Medical Ltd.
  • LeMaitre Vascular, Inc.
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Aortic Aneurysm Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Aortic Aneurysm Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Aortic Aneurysm Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Aortic Aneurysm Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Aortic Aneurysm Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Aortic Aneurysm Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300
BUY NOW GET SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

SPEAK TO AN ANALYST

FAQ's

Aortic Aneurysm Market size was valued at USD 4.25 billion in 2021 and is poised to grow from USD 4.7 billion in 2022 to USD 10.4 billion by 2030, growing at a CAGR of 10.61% in the forecast period (2023-2030).

A majority of mid- and small-sized businesses dominate this somewhat fragmented industry. The majority of players use mergers and acquisitions as one of their primary methods to improve their position. As an illustration, Terumo Corporation purchased Aortica Corporation, a company based in the United States that is committed to furthering the science of individualized vascular therapy. When performing fenestrated intravascular aortic repair (FEVAR), Aortic a has created Aorta Fit, an automated case planning programme that precisely aligns the opening on the endograft to the particular position of each patient's branch artery. 'Medtronic PLC', 'Cook Medical', 'Terumo Corporation', 'Lombard Medical (MicroPort Scientific Corporation)', 'W. L. Gore & Associates, Inc.', 'Endologix, Inc.', 'Cardinal Health, Inc.', 'C. R. Bard, Inc. (Becton, Dickinson and Company)', 'Bolton Medical (Vascutek Ltd.)', 'JOTEC GmbH', 'Merit Medical Systems, Inc.', 'MicroPort Scientific Corporation', 'CryoLife, Inc.', 'Lemaitre Vascular, Inc.', 'Endospan Ltd.', 'Japan Lifeline Co., Ltd.', 'Getinge AB', 'Altura Medical (Cardinal Health)', 'BiFlow Medical Ltd.', 'LeMaitre Vascular, Inc.'

The rising incidence of aortic aneurysms, particularly in aging populations, is a significant driver for market growth. Factors such as hypertension, smoking, and atherosclerosis contribute to the increasing prevalence of aortic aneurysms, necessitating effective diagnosis and treatment options.

E-commerce Boom: The rapid growth of e-commerce continues to reshape retail markets globally. The convenience, wide product selection, and competitive pricing offered by online platforms have led to a significant shift in consumer behavior, driving the expansion of the e-commerce market.

North America held the largest revenue share of nearly 56.6% in 2022 as a result of the quick advancement of technology, the shift towards procedures that are minimally invasive, and the rising prevalence of AA. The test Stomach Aortic Aneurysms Very Efficiently (SAVE) Act, that has been put into action by the U.S. government in 2014, grants one free AAA test to men who have smoked at least once in their entire lives and women with a family record of the condition. Additionally, the governments' considerable financial assistance is encouraging growth in markets in general. For example, Medicare in the US will pay for one abdominal aorta ultrasound for patients that are at risk.

Speak With Our Analyst

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Aortic Aneurysm Market

Product ID: SQMIG35A2601

$5,300
BUY NOW GET SAMPLE