- Abdominal Aortic Aneurysm (AAA)
- Thoracic Aortic Aneurysm (TAA)
Endovascular aneurysm repair market size was valued at US$ 2335.31 million in 2020 and is expected to grow US$ 4002.30 million by 2027 growing at a CAGR of 8%. Increase in aortic aneurysm events, growth in the geriatric population, technological advances in the field of EVAR, the availability of favorable reimbursements for EVAR procedures and products, and an increase in the smoking population are factors driving the market growth. Market development, however, is limited by the escalation of costs associated with EVAR treatment procedures and the lack of knowledge among individuals. Endovascular aneurysm repair market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of indication, site, anatomy, products and region. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global endovascular aneurysm repair products.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The market growth in recent years has been fuelled by the high popularity of the FEVAR procedure, the advent of the EVAS procedure, the high preference for MI aneurysm repair and the growth in mergers and acquisitions by key market players. The promotion of novel grafts such as fenestrated aortic stent grafts has further broadened the aortic aneurysm treatment options, thus increasing the demand for aortic stent grafts. As a result, business growth in the coming years is set to be driven by this.The effect of limitations is expected to be less as the government is taking strong endeavors toward the progress of cost design of EVAR devices and treatment methods. Besides, the government is taking measures to identify accessibility of aneurysm treatment procedures.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.