North America Aortic Aneurysm Market Size & Outlook
North America aortic aneurysm market, 2018-2030 (US$M)
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North America aortic aneurysm market highlights
- The North America aortic aneurysm market generated a revenue of USD 2,907.8 million in 2023.
- The market is expected to grow at a CAGR of 10.3% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,907.8 million |
| Market revenue in 2030 | USD 5,777.2 million |
| Growth rate | 10.3% (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, North America region accounted for 56.5% 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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North America 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 70.74% in 2023. Horizon Databook has segmented the North America 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.
North America reported the highest number of aortic aneurysm repair cases worldwide, which can be attributed to growing population of smokers as well as technological advancements. Around 47,000 people die each year from all types of aortic diseases: more than that from AIDS, breast cancer, motor vehicle accidents, or homicides, making aortic disease a silent epidemic.
According to U.S. Department of Health and Human Services estimates, in 2018, it was found that around 52 million people were 65 years and over, i.e., 16% of the total population, which is expected to reach around 94 million by 2060.
Recent market approvals for new products in the U.S. and Canada and strategic acquisitions by domestic players for expanding product portfolio are factors fueling the thoracic aortic aneurysm market growth in the region. Some of the major companies located in the region are Medtronic, Gore Medical, and Cook Medical.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America aortic aneurysm market , including forecasts for subscribers. This continent databook contains high-level insights into North America aortic aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America aortic aneurysm market size, by country, 2018-2030 (US$M)
North America Aortic Aneurysm Market Outlook Share, 2023 & 2030 (US$M)
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