Asia Pacific Aortic Aneurysm Market Size & Outlook
Asia Pacific aortic aneurysm market, 2018-2030 (US$M)
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Asia Pacific aortic aneurysm market highlights
- The Asia Pacific aortic aneurysm market generated a revenue of USD 1,245.9 million in 2023.
- The market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, abdominal aortic aneurysm (aaa) was the largest revenue generating type in 2023.
- Abdominal Aortic Aneurysm (AAA) is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,245.9 million |
| Market revenue in 2030 | USD 2,655.0 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Abdominal aortic aneurysm (aaa) |
| Fastest growing segment | Abdominal Aortic Aneurysm (AAA) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thoracic Aortic Aneurysm (TAA), Abdominal Aortic Aneurysm (AAA) |
| Key market players worldwide | W.L. Gore & Associates, Medtronic PLC, MicroPort Scientific Corp, Cook Group, Cryolife, Cardinal Health Inc, Terumo Corp, Endologix, Lombard Medical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.2% of the global aortic aneurysm market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,655.0 million by 2030.
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Aortic Aneurysm Market Scope
Aortic Aneurysm Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific aortic aneurysm market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aortic aneurysm market will help companies and investors design strategic landscapes.
Abdominal aortic aneurysm (aaa) was the largest segment with a revenue share of 71.48% in 2023. Horizon Databook has segmented the Asia Pacific aortic aneurysm market based on thoracic aortic aneurysm (taa), abdominal aortic aneurysm (aaa) covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific has witnessed improvements in healthcare infrastructure as many developed economies, such as Japan and South Korea, have experienced aging of the population. Comparatively much lesser than in the U.S., the incidence and detection rates of aneurysmal diseases and repair are on the rise in Asia Pacific.
The development of endovascular surgery in Asia is moderate, as most of the countries have only a small group of dedicated vascular surgeons. In China, most of the vascular surgeons work in university practices, and vascular surgery in its current form as in the U.S. does not exist.
Nevertheless, with rapid developments in endovascular procedures, there is an increasing awareness to develop these technologies in the Asia Pacific region due to which the market is expected to witness lucrative growth in the near future.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific aortic aneurysm market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific aortic aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific aortic aneurysm market size, by country, 2018-2030 (US$M)
Asia Pacific Aortic Aneurysm Market Outlook Share, 2023 & 2030 (US$M)
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