The latest report by IMARC Group, titled “Endovascular Aneurysm Repair (EVAR) Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the endovascular aneurysm repair (EVAR) market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global endovascular aneurysm repair (EVAR) market size reached USD 3.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
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Endovascular Aneurysm Repair (EVAR) Market Trends:
The global endovascular aneurysm repair (EVAR) market is experiencing significant growth, driven by the increasing prevalence of aortic aneurysms and the growing preference for minimally invasive surgical procedures. The rising aging population, coupled with a higher incidence of cardiovascular diseases, is propelling the demand for EVAR as a safer and more effective alternative to open surgery. Additionally, advancements in medical imaging and stent graft technologies are enhancing the precision and success rates of EVAR procedures, further boosting market adoption.
The increasing awareness among healthcare providers and patients regarding the benefits of EVAR, such as reduced recovery times and lower complication rates, is also contributing to market growth. Moreover, the expansion of healthcare infrastructure in emerging markets and the growing availability of EVAR procedures are anticipated to drive market expansion.
Endovascular Aneurysm Repair (EVAR) Market Scope and Growth Analysis:
The scope of the market is broadening as the healthcare industry increasingly adopts advanced, patient-centric solutions. The market is witnessing a growing demand for customized stent grafts designed to fit a wide range of patient anatomies, enhancing the applicability and success of EVAR procedures. The integration of digital health technologies, including AI-driven imaging and robotic-assisted surgery, is further expanding the market’s reach by improving procedural accuracy and outcomes.
The market’s growth is also supported by the increasing trend towards outpatient EVAR procedures, which reduce hospital stays and healthcare costs. Concurrently, the rising focus on preventive healthcare and early diagnosis of aortic aneurysms is driving the demand for EVAR as an effective treatment option. As global healthcare systems continue to advance, the EVAR market is poised for sustained growth, with a strong emphasis on innovation, patient safety, and expanding access to minimally invasive surgical options.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Medtronic plc
- Cook Group Incorporated
- L. Gore & Associates, Inc.
- Bolton Medical, Inc.
- Gamida Cell Ltd.
- JOTEC GmbH
- Getinge AB (Maquet)
- Shanghai MicroPort Medical (Group) Co., Ltd.
- Terumo Corporation
- Endologix, Inc.
- Lombard Medical Limited
- Cardinal Health, Inc.
Endovascular Aneurysm Repair (EVAR) Market Segmentation:
Our report has categorized the market based on region, indication, product, gender, age and end-user.
Breakup by Indication:
- Abdominal Aortic Aneurysm (AAA)
- Thoracic Aortic Aneurysm (TAA)
- Thoracoabdominal Aortic Aneurysm (TAAA)
- Others
Breakup by Product:
- Percutaneous EVAR
- Fenestrated EVAR
- Aortic Stents and TAA Grafts
- Others
Breakup by Gender:
- Male
- Female
Breakup by Age:
- Pediatric
- Adult
- Geriatric
Breakup by End-User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
Breakup by Region:
- North America (USA, Canada)
- Europe (Germany, France, UK, Italy, Spain, Russia, others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Middle East/Africa
- Latin America (Brazil, Mexico, others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research firm that provides management strategy and market research worldwide. We work with clients in every sector and geography to identify their most valuable opportunities, address their most important challenges and transform their businesses.
The IMARC Group’s information offerings include key market trends, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high technology sectors. Market forecasts and industry analysis in biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and innovative processing methods are among the company’s top areas of expertise.
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