1. What is the Market Size & CAGR of Endovascular Aneurysm Repair market in 2021?

According to the latest data, the global endovascular aneurysm repair market had a CAGR of 5.2% in 2021, reaching a market size of USD 2.5 billion.

2. COVID-19 Impact on the Endovascular Aneurysm Repair Market

The COVID-19 pandemic had a significant impact on the endovascular aneurysm repair market, causing disruptions in supply chains and delaying elective procedures. However, as healthcare systems adapted to the new normal, the market has shown resilience.

3. Endovascular Aneurysm Repair Dynamics

The endovascular aneurysm repair market is driven by technological advancements, increasing prevalence of aneurysms, and growing awareness about minimally invasive procedures. Key players are focusing on developing innovative solutions to cater to the rising demand.

4. Segments and Related Analysis

The market is segmented based on product type, end-user, and region. The products include stent grafts, balloons, and guidewires, among others. Hospitals and ambulatory surgical centers are the primary end-users.

5. By Region Analysis

North America dominated the market in 2021, followed by Europe and Asia Pacific. The increasing prevalence of aneurysms and advancements in healthcare infrastructure are driving market growth in these regions.

6. Key Market Players and Competitive Landscape

Major players in the endovascular aneurysm repair market include Medtronic, Cook Medical, Terumo Corporation, and Cardinal Health. These companies are investing in research and development to stay competitive in the market.

7. Recent Happenings in the Endovascular Aneurysm Repair Market

In 2021, a study published in a leading medical journal reported promising results for a new endovascular aneurysm repair device. This breakthrough has the potential to revolutionize treatment options for patients with aneurysms.