Global Aortic Stent Grafts Market, By Product (Abdominal Aortic Stent Graft, Thoracic Aortic Stent Graft), End User (Hospitals, Ambulatory Surgical Centers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aortic Stent Grafts Market
The aortic stent grafts market is expected to witness market growth at a rate of 5.41% in the forecast period of 2021 to 2028 and is expected to reach USD 4,666.11 million by 2028. Data Bridge Market Research report on aortic stent grafts market analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of the medical equipment sector is escalating the growth of aortic stent grafts market.
An aortic stent graft, also known as an aortic stent, refers to a metal skeleton inside a fabric graft. The graft tends to work by exerting pressure against the portions of the artery above and below the aneurysm for cutting off the circulation to the aneurysm. The stent fits inside the aorta that creates a safe tunnel through which blood can pass enabling aneurysm to shrink.
The increase in the prevalence of aortic aneurysm among consumers across the globe acts as one of the major factors driving aortic stent grafts market growth. The rise in Cardiovascular Diseases (CVDs) increases the demand for novel treatments and devices for thoracic and abdominal aneurysm repair and the increase of life expectancy rate accelerates the market growth. The increase in the adoption of endovascular repair over open surgical repair among consumers and the rise in inclination towards minimally invasive surgeries due to less pain and fast recovery period further influence the market. Additionally, urbanization, research and development activities, enhanced healthcare infrastructure, and unhealthy lifestyles positively affect the aortic stent grafts market. Furthermore, the rise in the number of clinical trials and FDA approvals for improvement of aortic stent grafts designs extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, less awareness regarding new EVAR treatment and the risk of endoleaks and other complications are expected to obstruct the market growth. Lack of trained healthcare providers is projected to challenge the aortic stent grafts market in the forecast period of 2021-2028.
This aortic stent grafts market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on aortic stent grafts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aortic Stent Grafts Market Scope and Market Size
The aortic stent grafts market is segmented on the basis of product and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of surgery medical bandage market.
- On the basis of product, the aortic stent grafts market is segmented into abdominal aortic stent graft and thoracic aortic stent graft.
- On the basis of end user, the aortic stent grafts market is segmented into hospitals and ambulatory surgical centers.
Global Aortic Stent Grafts Market Country Level Analysis
The aortic stent grafts market is analyzed and market size insights and trends are provided by country, product and end user as referenced above.
The countries covered in the aortic stent grafts market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the aortic stent grafts market because of the rapid technological advancements, product developments and collaborative agreements within the region. Asia-Pacific is estimated to witness the fastest growth during the forecast period of 2021-2028 due to the rising geriatric population and incidence of cardiovascular diseases and hypertension in the region.
The country section of the aortic stent grafts market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The aortic stent grafts market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for aortic stent grafts market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the aortic stent grafts market. The data is available for historic period 2010-2019.
Competitive Landscape and Aortic Stent Grafts Market Share Analysis
The aortic stent grafts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aortic stent grafts market.
The major players covered in the aortic stent grafts market report are Bolton Medical, Cardiatis, Cook, ENDOLOGIX, INC., JOTEC GmbH, Terumo Aortic, VASCUTEK Ltd., MicroPort Scientific Corporation, Medtronic, W. L. Gore & Associates, BioStable Science & Engineering, Edwards Lifesciences Corporation, Bentley, Braile Biomédica, Cardinal Health, InSitu Technologies Inc., LeMaitre Vascular, Inc. and Vascular among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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