U.S. Aortic Aneurysm Market Size & Outlook, 2023-2030
U.S. aortic aneurysm market, 2018-2030 (US$M)
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U.S. aortic aneurysm market highlights
- The U.S. aortic aneurysm market generated a revenue of USD 2,625.0 million in 2023 and is expected to reach USD 5,260.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 10.4% 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.
Aortic aneurysm market data book summary
| Market revenue in 2023 | USD 2,625.0 million |
| Market revenue in 2030 | USD 5,260.0 million |
| Growth rate | 10.4% (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, U.S. accounted for 51.0% 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 North America, U.S. aortic aneurysm market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,260.0 million by 2030.
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Aortic Aneurysm Market Scope
Aortic Aneurysm Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 70.51% in 2023. Horizon Databook has segmented the U.S. 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.
Thoracic aneurysms affect approximately 10,000 people in the U.S. each year. Only about 20% to 30% of patients who visit hospitals with a ruptured TAA survive. Hence, it is crucial to treat large aneurysms early to prevent rupture. It is the 13th leading cause of death in the country. Key factor driving the U.S. market is the rise in geriatric population who present weak and hard aortic walls.
According to a study conducted in 2016, it was found that the total inpatient hospital cost for EVAR is high when compared with open repair attributed entirely to the cost of the endografts. The inpatient cost of surgical treatment of TAA is high in the country, and device and length of stay account for the maximum cost.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. aortic aneurysm market , including forecasts for subscribers. This country databook contains high-level insights into U.S. aortic aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. aortic aneurysm market size, by type, 2018-2030 (US$M)
U.S. Aortic Aneurysm Market Outlook Share, 2023 & 2030 (US$M)
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