Product Code: ETC13283507 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Abdominal Aortic Aneurysm Repair Devices Market was valued at USD 1.3 Billion in 2024 and is expected to reach USD 2.6 Billion by 2031, growing at a compound annual growth rate of 7.80% during the forecast period (2025-2031).
The Global Abdominal Aortic Aneurysm Repair Devices Market is witnessing significant growth due to the rising prevalence of abdominal aortic aneurysms, advancements in minimally invasive surgical techniques, and increasing geriatric population globally. The market is characterized by the presence of key players such as Medtronic, Cook Medical, Endologix, and Cardinal Health, among others, who are constantly investing in research and development activities to innovate new products and expand their market presence. Endovascular aneurysm repair (EVAR) devices are gaining traction in the market due to their less invasive nature and quicker recovery times compared to traditional open surgical procedures. North America dominates the market, followed by Europe, due to the high adoption rate of advanced medical technologies and favorable reimbursement policies. The market is expected to continue growing as the demand for effective aneurysm repair devices rises globally.
The Global Abdominal Aortic Aneurysm (AAA) Repair Devices Market is experiencing significant growth due to the rising prevalence of AAA and the increasing adoption of minimally invasive procedures. Endovascular aneurysm repair (EVAR) techniques are becoming more popular compared to traditional open surgical repair, driving the demand for AAA repair devices. Technological advancements in stent graft materials and delivery systems are also contributing to market growth. Opportunities in the market include the development of next-generation devices with improved efficacy and safety profiles, as well as expanding market penetration in emerging economies with growing healthcare infrastructure. Key players in the industry are focusing on strategic collaborations, product innovations, and geographic expansion to capitalize on the growing demand for AAA repair devices.
The Global Abdominal Aortic Aneurysm Repair Devices Market faces several challenges, including a high cost associated with treatment procedures, reimbursement issues, and a lack of awareness among patients regarding the importance of early detection and treatment. Additionally, there is a growing demand for minimally invasive procedures, which requires continuous innovation and development of advanced technologies. Regulatory hurdles and stringent approval processes also pose challenges for manufacturers looking to introduce new devices into the market. Furthermore, the competitive landscape is intense, with major players constantly striving to introduce novel products, making it crucial for companies to differentiate themselves through unique value propositions and effective marketing strategies to gain market share.
The Global Abdominal Aortic Aneurysm Repair Devices Market is primarily driven by the increasing prevalence of abdominal aortic aneurysms (AAA) due to factors such as aging population, unhealthy lifestyle habits, and high prevalence of cardiovascular diseases. Additionally, technological advancements in minimally invasive procedures for AAA repair, such as endovascular aneurysm repair (EVAR), are fueling the demand for AAA repair devices. The growing awareness about the benefits of early detection and treatment of AAA among patients and healthcare providers is also contributing to market growth. Furthermore, favorable reimbursement policies for AAA repair procedures in developed countries and improving healthcare infrastructure in emerging economies are expected to drive the market for abdominal aortic aneurysm repair devices in the coming years.
Government policies related to the Global Abdominal Aortic Aneurysm Repair Devices Market primarily focus on ensuring the safety, efficacy, and quality of these medical devices. Regulatory bodies such as the FDA in the United States and the CE Mark in Europe set specific guidelines and requirements for the approval and marketing of aortic aneurysm repair devices. These regulations aim to protect patient safety, promote innovation, and maintain high standards in the medical device industry. Additionally, government healthcare policies and reimbursement systems play a crucial role in influencing the adoption and utilization of these devices by healthcare providers and patients, thereby impacting the overall market dynamics and growth of the Global Abdominal Aortic Aneurysm Repair Devices Market.
The Global Abdominal Aortic Aneurysm Repair Devices Market is expected to witness significant growth in the coming years due to the increasing prevalence of abdominal aortic aneurysms, especially among the aging population. Technological advancements in minimally invasive procedures such as endovascular aneurysm repair (EVAR) are driving the demand for aortic stent grafts and related devices. Moreover, rising awareness about the benefits of early detection and treatment of abdominal aortic aneurysms is likely to further boost market growth. The market is also anticipated to benefit from improving healthcare infrastructure in emerging economies and the growing adoption of advanced medical devices. However, factors such as high costs associated with these devices and the risks of complications post-surgery may pose challenges to market expansion. Overall, the Global Abdominal Aortic Aneurysm Repair Devices Market is poised for steady growth in the foreseeable future.
In the Global Abdominal Aortic Aneurysm Repair Devices Market, North America holds the largest market share due to the high prevalence of abdominal aortic aneurysms, advanced healthcare infrastructure, and favorable reimbursement policies. Europe closely follows North America in market share, driven by the rising geriatric population and increasing awareness about aortic aneurysm treatments. The Asia Pacific region is witnessing significant growth in the market due to improving healthcare facilities, rising disposable income, and the growing adoption of advanced medical technologies. The Middle East and Africa region is also experiencing growth, attributed to increasing healthcare investments and a rising prevalence of lifestyle-related diseases. Latin America lags behind other regions but is expected to show steady growth due to improving healthcare infrastructure and increasing awareness about aortic aneurysm treatments.
Global Abdominal Aortic Aneurysm Repair Devices Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Abdominal Aortic Aneurysm Repair Devices Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Global Abdominal Aortic Aneurysm Repair Devices Market - Industry Life Cycle |
3.4 Global Abdominal Aortic Aneurysm Repair Devices Market - Porter's Five Forces |
3.5 Global Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.7 Global Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Abdominal Aortic Aneurysm Repair Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Abdominal Aortic Aneurysm Repair Devices Market Trends |
6 Global Abdominal Aortic Aneurysm Repair Devices Market, 2021 - 2031 |
6.1 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Endovascular Stent Grafts, 2021 - 2031 |
6.1.3 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Open Surgical Devices, 2021 - 2031 |
6.1.4 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Minimally Invasive Devices, 2021 - 2031 |
6.1.5 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Customized Devices, 2021 - 2031 |
6.2 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Elective Repair, 2021 - 2031 |
6.2.3 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Emergency Repair, 2021 - 2031 |
6.2.4 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By High-Risk Patients, 2021 - 2031 |
6.2.5 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Complex Aneurysms, 2021 - 2031 |
6.3 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Hospitals/Clinics, 2021 - 2031 |
6.3.3 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Cardiac Centers, 2021 - 2031 |
6.3.4 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Specialized Clinics, 2021 - 2031 |
6.3.5 Global Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Research Hospitals, 2021 - 2031 |
7 North America Abdominal Aortic Aneurysm Repair Devices Market, Overview & Analysis |
7.1 North America Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume, 2021 - 2031 |
7.2 North America Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
7.4 North America Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Abdominal Aortic Aneurysm Repair Devices Market, Overview & Analysis |
8.1 Latin America (LATAM) Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
8.4 Latin America (LATAM) Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Abdominal Aortic Aneurysm Repair Devices Market, Overview & Analysis |
9.1 Asia Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
9.4 Asia Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Abdominal Aortic Aneurysm Repair Devices Market, Overview & Analysis |
10.1 Africa Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
10.4 Africa Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Abdominal Aortic Aneurysm Repair Devices Market, Overview & Analysis |
11.1 Europe Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
11.4 Europe Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Abdominal Aortic Aneurysm Repair Devices Market, Overview & Analysis |
12.1 Middle East Abdominal Aortic Aneurysm Repair Devices Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Device Type, 2021 - 2031 |
12.4 Middle East Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Abdominal Aortic Aneurysm Repair Devices Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Abdominal Aortic Aneurysm Repair Devices Market Key Performance Indicators |
14 Global Abdominal Aortic Aneurysm Repair Devices Market - Export/Import By Countries Assessment |
15 Global Abdominal Aortic Aneurysm Repair Devices Market - Opportunity Assessment |
15.1 Global Abdominal Aortic Aneurysm Repair Devices Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Abdominal Aortic Aneurysm Repair Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
15.3 Global Abdominal Aortic Aneurysm Repair Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Abdominal Aortic Aneurysm Repair Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Abdominal Aortic Aneurysm Repair Devices Market - Competitive Landscape |
16.1 Global Abdominal Aortic Aneurysm Repair Devices Market Revenue Share, By Companies, 2024 |
16.2 Global Abdominal Aortic Aneurysm Repair Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |