Australia Aortic Aneurysm Market Size & Outlook, 2023-2030
Australia aortic aneurysm market, 2018-2030 (US$M)
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Australia aortic aneurysm market highlights
- The Australia aortic aneurysm market generated a revenue of USD 102.9 million in 2023 and is expected to reach USD 228.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 12.1% 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.
Aortic aneurysm market data book summary
| Market revenue in 2023 | USD 102.9 million |
| Market revenue in 2030 | USD 228.8 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Abdominal aortic aneurysm (aaa) |
| Fastest growing segment | Abdominal Aortic Aneurysm (AAA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.0% of the global aortic aneurysm market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan aortic aneurysm market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 588.4 million by 2030.
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Aortic Aneurysm Market Scope
Aortic Aneurysm Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 71.33% in 2023. Horizon Databook has segmented the Australia 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.
Australia is among one of the developed economies in the Asia Pacific region. A significant rise of around 3 to 4 % was recorded in the healthcare expenditure of the country during 2000 to 2018.
During early stages of development, Australia was instrumental in advancement of numerous first-generation EVAR devices. International vascular surgeons who were early adopters of the technique received local proctor training and standard & custom-made aortic stent grafts were developed.
Furthermore, local surgeons had access to an active fenestrated and complex EVAR training program, ensuring that they were well prepared to implement these techniques into their own practices.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia aortic aneurysm market , including forecasts for subscribers. This country databook contains high-level insights into Australia aortic aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia aortic aneurysm market size, by type, 2018-2030 (US$M)
Australia Aortic Aneurysm Market Outlook Share, 2023 & 2030 (US$M)
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