According to FutureWise analysis the market for Aortic Aneurysm in 2023 is US$ 5.21 billion, and is expected to reach US$ 11.86 billion by 2031 at a CAGR of 10.80%.
An aortic aneurysm is a severe medical condition characterized by a weakened and bulging area in the aorta's wall, the body's largest blood vessel. Oxygenated blood from the heart to various body parts is carried by the aorta. When a section of the aorta becomes weakened, it can gradually expand and form an aneurysm. Aneurysms can be manifested in different parts of the aorta but most commonly develop in the abdominal and thoracic regions.
Several factors can contribute to the development of an aortic aneurysm. These include high blood pressure, atherosclerosis (a condition where fatty deposits accumulate in the arteries), smoking, genetic predispositions, and certain connective tissue disorders. Additionally, age and gender can be significant risk factors, with an increased incidence in older individuals and males. Medical professionals often diagnose aortic aneurysms through imaging tests like ultrasound, CT scans, or MRI. Managing aortic aneurysms depends on their size, location, and growth rate. Small, stable aneurysms may be monitored with regular imaging, while larger or rapidly growing ones may require surgical intervention. Treatment options include open surgery, where an affected portion of the aorta is replaced with a synthetic graft, or endovascular repair, which involves the placement of a stent-like device through a catheter to support and reinforce the weakened area.
FutureWise Market Research has published a report that provides an insightful analysis of Aortic Aneurysm 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. By the end of the forecast period FutureWise research analysts' projects that the Aortic Aneurysm Market will experience a significant growth.
According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.