According to FutureWise analysis the market for Abdominal Aortic Aneurysm Repair Devices in 2023 is US$ 2.42 billion, and is expected to reach US$ 3.64 billion by 2031 at a CAGR of 5.20%.
An abdominal aortic aneurysm is the enlargement and weakening of the aorta (major blood artery) that may rupture and result in stroke and death. Abdominal aortic aneurysm repair is the procedure for repairing AAA from within the blood vessel without open surgery. In this procedure, an aneurysm is excluded from blood circulation by an endograft a device delivered to the site via catheter inserted into an artery in the groin. Open repair of abdominal aortic aneurysm involves long surgery time, anesthesia, and substantial recovery time. Abdominal aneurysm repair provides a safe option for patients with older age and pulmonary, cardiac, and renal dysfunction. Successful endovascular repair of abdominal aortic aneurysm depends on the correct selection of patients based on their vascular anatomy, the choice of the correct endoprosthesis, and familiarity with the technique and procedure-specific complications.
Medtronic (Minneapolis, MN) currently markets two endograft for infrarenal abdominal aortic aneurysms. The AneuRx device is sold in part as the device with the most miniature delivery system to treat a 26-mm aortic neck, the AneuRx 28-mm proximal main body comes with a 21-French (outer diameter) integrated sheath. The AneuRx has no active fixation: neither proximal hooks nor the ability to rest on the aortic bifurcation. Possibly because of the more exclusive long-term survival data amassed in studies of this graft, the FDA has issued a series of warnings (most recently in 2008) that late aneurysm-related mortality may be higher in patients treated with the AneuRx device than in those treated with conventional open surgery.
FutureWise Market Research has published a report that provides an insightful abdominal aortic aneurysm repair device market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.
According to the analysis conducted by FutureWise research analysts, Abdominal aortic aneurysm repair device market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.