Aortic Aneurysm Market Size, Share, Growth Analysis, By Type(Thoracic Aortic Aneurysm (TAA), and Abdominal Aortic Aneurysm (AAA)), By Treatment(Open Surgical Repair (OSR), Endovascular Aneurysm Repair (EVAR)), By Product(Stent Grafts, and Catheters), By End-use(Hospitals, Ambulatory Surgery Centers, Clinics), By Region - Industry Forecast 2024-2031

North America held the largest revenue share of nearly 56.6% in 2023 as a result of the quick advancement of technology, the shift towards procedures that are minimally invasive, and the rising prevalence of AA. The test Stomach Aortic Aneurysms Very Efficiently (SAVE) Act, that has been put into action by the U.S. government in 2014, grants one free AAA test to men who have smoked at least once in their entire lives and women with a family record of the condition. Additionally, the governments' considerable financial assistance is encouraging growth in markets in general. For example, Medicare in the US will pay for one abdominal aorta ultrasound for patients that are at risk.

Asia Pacific is anticipated to grow at the fastest CAGR of 11.41% during the projected period because of the region's aging populace, high prevalence of cardiovascular diseases and hypertension, & rising disposable income. According to the Asian Development Bank (ADB), one in four Asians and Pacific Islanders will be older than 60 by 2050. Between the years 2010 and 2050, the number of senior people in the region will double, reaching over 1.3 billion. Due to the substantial aging of the population in the region, the market for Asia Pacific is growing.