Aortic Aneurysm Market Research Report - Global Forecast till 2027

Aortic Aneurysm Market Research Report: Information by Type (Abdominal Aortic Aneurysm, Thoracic Aortic Aneurysm), Product (Stent Grafts, Catheters), Treatment (Endovascular Aneurysm Repair, Open Surgical Repair), & End User— Global Forecast till 2027

ID: MRFR/HC/6306-HCR | February 2021 | Region: Global | 90 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Aortic Aneurysm Market Scenario


Global Aortic Aneurysm Market is expected to register a healthy CAGR over the forecast period. The market held a market value of USD 2,357.6 million in 2017 and is projected to grow at a CAGR of 8.4% during the forecast period. The aortic aneurysm is a condition in which the aorta is enlarged (dilated) to greater than 1.5 times of normal size that leads to rupturing of the artery resulting in internal bleeding. Aortic aneurysm has two types such as an abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA). An abdominal aortic aneurysm is an aneurysm in the part of the aorta that passes through the abdomen whereas thoracic aortic aneurysm is an aortic aneurysm that presents mainly in the thorax. Factors characterizing the market growth are rising prevalence of tobacco smoking in the developed and developing countries, worldwide growing elderly population coupled with the increasing burden of cardiovascular diseases, favorable reimbursement scenarios for surgical treatment of aortic aneurysms, and mounting technological advancements in products. On the flip side, the presence of low reimbursement rates in the developing region and high cost of aortic aneurysm treatment and devices are anticipated to impede the market growth during the forecast period.


Aortic Aneurysm Market Segmentation


The global aortic aneurysm market has been segmented into type, product, treatment, end user, and region.


By type, the market has been segmented into abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA). The abdominal aortic aneurysm segment would command the market over the forecast period. This is due to its increased disease incidence as it is more common in the lower abdominal part, and most of the cases of AAA occur at the infrarenal or juxtarenal part of the lower abdomen. Collectively, the number of aortic aneurysm repairs performed for infrarenal and juxtarenal are higher than a thoracic aortic aneurysm.


On the basis of product, the market has been divided into stent-grafts, catheters, and others.


By treatment, the market has been classified into endovascular aneurysm repair (EVAR) and open surgical repair (OSR).


Based on end user, the market has been categorized into hospitals and clinics, ambulatory surgery centers (ASCs), and others.


The global aortic aneurysm market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The aortic aneurysm market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.


The European aortic aneurysm market has been segmented into Western Europe and Eastern Europe. The Western Europe aortic aneurysm market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.


The aortic aneurysm market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The aortic aneurysm market in the Middle East & Africa has been segmented into the Middle East and Africa.


Aortic Aneurysm Market Key Players


Few of the spearheads in the global aortic aneurysm market are Medtronic plc, Cook Medical, Terumo Medical Corporation, Microport Scientific Corporation, MAQUET Holding B.V. & Co. KG, Endologix, Inc., W. L. Gore & Associates, Lombard Medical Limited, JOTEC AG (CryoLife, Inc.), and Cardinal Health, Inc.


Aortic Aneurysm Regional Market Summary

Global Aortic Aneurysm Market Share (%), by Region, 2017
Aortic Aneurysm Market Share, by Region, 2017

Source: White Papers, Company Presentations, Annual Reports, and MRFR Analysis


Geographically, the Americas spearheaded the global aortic aneurysm market in 2017. This is owing to the presence of major market value contributors and well-established healthcare infrastructure, swift technological advancements, product developments, collaborative agreements, and a higher incidence of abdominal aortic aneurysm. The presence of favorable reimbursement scenario for aortic aneurysm in the US and the Screening Abdominal Aortic Aneurysms Very Efficiently (SAAAVE) Act enforced by the US government is expected to support the regional market growth. The SAAAVE Act was enforced in 2014 that offers one free AAA screening for men who have smoked at least once in their life and women with a family history of the condition.

Europe is expected to hold the second largest position throughout the forecast period due to the highest prevalence of tobacco smoking and the presence of favorable initiatives by various organizations to reduce the burden of aortic aneurysm. For instance, the World Health Organization (WHO) reported that currently, Europe has the highest prevalence of tobacco smoking among adults (28%) and some of the highest prevalence of tobacco use by adolescents. In 2014, Medtronic plc received approval for its new Endurant IIs in the US and Europe, which is a novel stent graft system for the endovascular repair of abdominal aortic aneurysms.

The market in Asia-Pacific is likely to exhibit comparatively higher CAGR during the forecast period due to a growing aging population (people aged 65 and above) and prevalence of cardiovascular diseases & hypertension, and increasing awareness about aortic aneurysm treatment, and developing healthcare infrastructure in the China, India, and Australia.

The aortic aneurysm market in the Middle East & Africa would witness the lowest market growth rate from 2018 to 2023 owing to a lower burden of aortic aneurysm in the Gulf Cooperation Council (GCC) countries and rest of Middle East. For instance, various studies stated that aortic aneurysms are very rare in the Middle East and very few lives are threatened by deadly aortic aneurysms every year in the Middle East region.

Global Aortic Aneurysm Market, by Type


  • Abdominal Aortic Aneurysm (AAA)

  • Thoracic Aortic Aneurysm (TAA)


Global Aortic Aneurysm Market, by Product


  • Stent Grafts

  • Catheters

  • Others


Global Aortic Aneurysm Market, by Treatment


  • Endovascular Aneurysm Repair (EVAR)

  • Open Surgical Repair (OSR)


Global Aortic Aneurysm Market, by End User


  • Hospitals and Clinics

  • Ambulatory Surgery Centers (ASCs)

  • Others


Global Aortic Aneurysm Market, by Region


  • Americas

    • North America

      • US

      • Canada



    • Latin America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Middle East & Africa

    • Middle East

    • Africa




Global Aortic Aneurysm Market, by Key Players


  • Medtronic plc

  • Cook Medical

  • Terumo Medical Corporation

  • Microport Scientific Corporation

  • MAQUET Holding B.V. & Co. KG

  • Endologix, Inc.

  • L. Gore & Associates

  • Lombard Medical Limited

  • JOTEC AG (CryoLife, Inc.)

  • Cardinal Health, Inc.


Intended Audience



  • Aortic aneurysm manufacturers, suppliers, and dealers

  • Venture capitalists

  • Association and government bodies

  • Medical devices companies

  • Raw material suppliers

  • Market research and consulting service providers

  • Hospitals and clinics

  • Corporate entities



Frequently Asked Questions (FAQ) :


Aortic aneurysm market was valued at USD 2,357.6 million in 2017.

The market is expected to exhibit a solid 8.4% CAGR over the forecast period.

The increasing prevalence of cardiovascular diseases and the increasing prevalence of smoking are the major drivers for the aortic aneurysm market.

The Americas and Europe are likely to dominate the global aortic aneurysm market over the forecast period.

Leading players in the aortic aneurysm market include Medtronic, Cook Medical, Microport Scientific Corporation, Endologix, Cardinal Health, Lombard Medical Ltd., L. Gore & Associates, and Terumo Medical Corporation, among others.



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.