According to FutureWise analysis the market for aortic aneurysm repair in 2023 is US$ 2.4 billion, and is expected to reach US$ 4.48 billion by 2031 at a CAGR of 8.12%.
An aortic aneurysm refers to a bulging enlargement resembling a balloon in the aorta, the sizable artery responsible for transporting blood from the heart across the chest and torso. Aortic aneurysms have the potential to undergo either dissection or rupture. The vigorous flow of blood can lead to the separation of the layers constituting the artery wall, permitting the infiltration of blood between them. This process is termed a dissection. The aneurysm has the potential to rupture completely, resulting in internal bleeding within the body. This occurrence is referred to as a rupture. Dissections and ruptures stand as the primary causes behind the majority of fatalities stemming from aortic aneurysms.
Based on elements like the root cause, dimensions, and expansion rate of an aortic aneurysm, healthcare providers might suggest surgical intervention for repair, particularly in cases of aneurysm rupture or dissection, which might necessitate immediate surgery. The most prevalent form of surgery is open surgical repair, where the patient is under general anaesthesia. The surgeon initiates the procedure by creating a substantial incision in the abdominal or chest, contingent on the aneurysm's location. Subsequently, the aneurysm is excised, and a graft crafted from impermeable polyester material is stitched into the vacant space. The graft, often resembling a leak-proof tube, takes on the role of the removed aneurysm. Recovery after open surgical repair typically spans around a month. An alternative approach is endovascular aneurysm repair (EVAR), performed through cardiac catheterization, presenting a less invasive option than open surgery. This technique involves a smaller incision, leading to a shorter recovery period. EVAR is more frequently utilized for mending abdominal aortic aneurysms than thoracic aortic aneurysms. During the EVAR procedure, a small incision is made, usually in the groin area, followed by inserting a stent graft—a tube enveloped in fabric—through the bloodstream until it reaches the aorta. The stent graft expands upon placement, adhering to the aortic walls. This integration forms a seal, preventing blood from entering the aortic aneurysm.
FutureWise Market Research has published a report that provides an insightful analysis of Aortic Aneurysm Repair 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 Aortic Aneurysm Repair 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.