Abdominal Aortic Aneurysm (AAA) Repair Devices Market is anticipated to grow at a CAGR of 7.2% during the forecast period. The market is growing at a significant rate owing to various factors that include advancements of technology in the aneurysm repair procedures and rise in the geriatric population are projecting for the growth of abdominal aortic aneurysm repair devices market during the forecast period. Moreover, growth in the adoption of endovascular aneurysm repair (EVAR) procedures, availability of favorable reimbursements, and an increase in demand for minimally invasive treatment is boosting the growth of the market. However, lack of availability of products to treat complex anatomy, increasing the cost of the procedures and lack of awareness in emerging regions are the factors that are hampering the growth of the market.
Rising awareness regarding abdominal aortic aneurysm is creating lucrative opportunities for the market. There are various factors such as poor dietary habits that are increasing the prevalence of cardiovascular diseases (CVD) fueling the demand for treatment and devices for abdominal aortic aneurysm repair. Moreover, the stringent regulations govern new products launched to maintain the quality in the developed economy such as the US may limit the market growth.
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Abdominal Aortic Aneurysm Repair Devices Market Segmentation
By Product Type
- Endovascular Stent Graft
- Synthetic Graft
- Catheter Devices
By Site
- Infrarenal AAA
- Suprarenal AAA
- Pararenal AAA
By Treatment
- Open Surgery
- Endovascular Repair
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- Rest oF APAC
Rest of The World
- Latin America
- Middle East and Africa
Company Profiles
- Abbott laboratories, Inc.
- Aran Biomedical
- Boston Scientific Corp.
- Braile Biomedica
- C. R. Bard, Inc. (A Becton Dickinson Company)
- Cardiatis S.A.
- Cordis Corp. (A Cardinal Health Company)
- Cook Medical, Inc.
- CryoLife, Inc.
- Endologix, Inc.
- Medtronic PLC
- Microport Scientific Corp.
- Terumo Corp.
- W. L. Gore & Associates, Inc.
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