Global Aortic Aneurysm Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
26 Jul, 2023
The global aortic aneurysm market size is expected to grow from $3.15 billion in 2022 to $3.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.28%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aortic aneurysm market size is expected to reach $4.84 billion in 2027 at a CAGR of 9.21%.
Global Aortic Aneurysm Market Key Driver
The increasing prevalence of alcohol and cigarette intake is projected to drive the aortic aneurysm market in the future. Alcohol and nicotine-containing tobacco are psychotropic drugs that impact the body's central nervous system. The increased use of alcohol and tobacco products is a major cause of aortic aneurysm.
Get a sample of the global aortic aneurysm market reportGlobal Aortic Aneurysm Market Segments
The global aortic aneurysm market is segmented:
1) By Type: Thoracic Aortic Aneurysm (TAA), Abdominal Aortic Aneurysm (AAA)
2) By Treatment: Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR)
3) By End User: Hospitals And Clinics, Ambulatory Surgery Centers (ASCs), Other End Users
4) By Geography: The regions covered in the aortic aneurysm market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global aortic aneurysm market.
Major Aortic Aneurysm Industry Players
AbbVie Inc., Cardiatis SA, Cook Medical Inc., Endologix LLC, W L Gore & Associates Inc., JOTEC GmbH, Lombard Medical Limited., Medtronic Plc., Terumo Corporation, MicroPort Scientific Corporation, C R Bard Inc., Arsenal Medical Inc., Boston Scientific Corporation, Endospan Ltd., LifeTech Scientific Corporation
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Aortic Aneurysm Market Overview
An aortic aneurysm is a balloon-like growth in the aorta, the major artery that delivers blood from the heart through the chest and torso. Certain medical conditions, genetic problems, and pressure can weaken the aorta, and the blood flow along these walls can cause an aneurysm. These aneurysms can be tube-shaped or round.
Aortic Aneurysm Global Market Report 2023 provides data on the global aortic aneurysm market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The aortic aneurysm market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.