Market Overview:
The global aortic stent grafts market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of aortic aneurysms and rising demand for minimally invasive procedures. Based on type, the global aortic stent grafts market is segmented into endovascular aneurysm repair (EVAR), abdominal aortic aneurysm repair, and other. EVAR held the largest share of the global market in 2017 and is expected to grow at a CAGR of 6% from 2018 to 2030. This growth can be attributed to factors such as technological advancements in EVAR devices, growing preference for minimally invasive procedures, and rising incidence of abdominal aortic aneurysms (AAA). Based on application, hospitals accounted for the majority share of the global market in 2017 and are expected to grow at a CAGR of 5% from 2018to 2030. This growth can be attributed tobenefits offered by hospitals such as high-quality infrastructureand skilled professionals along with reimbursement policies favoring hospital-based treatments over ambulatory surgical centers (ASCs).
Product Definition:
Aortic stent grafts are devices that are inserted into the aorta in order to keep it open. They are often used to treat an aneurysm, which is a bulge in the wall of the aorta. Aortic stent grafts can help prevent the aorta from rupturing, which can be life-threatening.
Endovascular Aneurysm Repair(EVAR):
Endovascular Aneurysm Repair (EVAR) is a minimally invasive surgical procedure used to treat bleeding sites in an endovascular aneurysm. It involves the usage of devices such as stents, coils and coiling tools which are deployed inside the blood vessel to repair or restore it function.
Abdominal Aortic Aneurysm Repair:
The abdominal aortic aneurysm repair (AAR) is used to treat the damaged part of the aorta caused by aneurysms. The AAR procedure involves surgical repair of the abdominal aorta and replacement of damaged tissue with an artificial stent graft. This helps in reducing pressure within the abdominal cavity and prevents blood from entering other organs or parts of the body.
Application Insights:
Based on application, the global market is segmented into hospitals, clinics and ambulatory surgical centers. Hospitals held the largest share in 2017 owing to factors such as a high prevalence of aortic aneurysm and growing awareness about endovascular treatment. Endovascular aneurysm repair procedures are preferred over open surgery due to their advantages such as minimal invasive procedure with low risk of complications and faster recovery time. According to data published by NCBI, around 90% of patients undergoing EVAR prefer this method compared to 10% opting for open surgery.
The clinics segment is expected register the fastest CAGR during forecast years due to increasing number of centers offering advanced endovascular treatments at affordable prices coupled with rising disposable income in developing countries like India, Brazil etc.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the increasing prevalence of aortic aneurysm, growing target population base, and high adoption rate of advanced treatment options. The U.S., which is at the forefront, accounted for approximately 60% share in North America owing to its well-established healthcare sector and rapidly growing medical tourism industry that caters to international patients seeking affordable & quality treatment alternatives.
Asia Pacific is expected to register significant growth over the forecast period owing to improving healthcare infrastructure & facilities along with rising patient awareness levels regarding available treatments & their respective benefits/risks involved. Furthermore, government initiatives aimed at reducing healthcare expenditure coupled with economic development are anticipated favorably impact on market growth during the forecast period from 2018 - 2030 (estimated).
Growth Factors:
- Increasing incidence of aortic aneurysms: Aortic aneurysms are bulges or ballooning in the wall of the aorta, the large artery that carries blood from your heart to the rest of your body. They can occur anywhere in the aorta, but are most common in the abdomen and chest. An estimated 8 million people in Europe and North America have an abdominal aortic aneurysm (AAA), and about 15% will experience rupture or leakage over their lifetime. The number of people with AAA is expected to grow as populations age.
- Rising demand for minimally invasive procedures: A growing number of patients are seeking out minimally invasive procedures such as endovascular surgery, which use stents grafts to repair damage within blood vessels instead of traditional open surgery. This trend is driven by several factors including shorter hospital stays, faster recoveries, and fewer complications associated with these procedures compared to traditional surgery.
- Advances in stent graft technology: Stent graft manufacturers continue to make advances in design and materials that improve safety and efficacy outcomes for patients undergoing treatment for aortic aneurysms or other vascular diseases using stent grafts devices . For example, newer generation devices feature thinner profiles that allow them to be inserted through smaller incisions, making them less invasive than older models .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aortic Stent Grafts Market Research Report
By Type
Endovascular Aneurysm Repair(EVAR), Abdominal Aortic Aneurysm Repair, Other
By Application
Hospitals, Clinics, Ambulatory Surgical Centers
By Companies
Medtronic, Cook Medical, Cordis, Gore Medical, Lombard Medical, Vascutek, Johnson & Johnson, Endologix, W.L. Gore & Associates, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Aortic Stent Grafts Market Report Segments:
The global Aortic Stent Grafts market is segmented on the basis of:
Types
Endovascular Aneurysm Repair(EVAR), Abdominal Aortic Aneurysm Repair, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgical Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Cook Medical
- Cordis
- Gore Medical
- Lombard Medical
- Vascutek
- Johnson & Johnson
- Endologix
- W.L. Gore & Associates
- Medtronic
Highlights of The Aortic Stent Grafts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Endovascular Aneurysm Repair(EVAR)
- Abdominal Aortic Aneurysm Repair
- Other
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aortic Stent Grafts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aortic stent grafts are a type of medical device that is inserted into an artery to help keep the artery open. The graft may be made from materials such as metal or plastic, and it is often placed over an existing blood vessel in the body. This helps to prevent blockages in the arteries, which can lead to heart disease or stroke.
Some of the major companies in the aortic stent grafts market are Medtronic, Cook Medical, Cordis, Gore Medical, Lombard Medical, Vascutek, Johnson & Johnson, Endologix, W.L. Gore & Associates, Medtronic.
The aortic stent grafts market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aortic Stent Grafts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aortic Stent Grafts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aortic Stent Grafts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aortic Stent Grafts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aortic Stent Grafts Market Size & Forecast, 2018-2028
4.5.1 Aortic Stent Grafts Market Size and Y-o-Y Growth
4.5.2 Aortic Stent Grafts Market Absolute $ Opportunity
Chapter 5 Global Aortic Stent Grafts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aortic Stent Grafts Market Size Forecast by Type
5.2.1 Endovascular Aneurysm Repair(EVAR)
5.2.2 Abdominal Aortic Aneurysm Repair
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aortic Stent Grafts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aortic Stent Grafts Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aortic Stent Grafts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aortic Stent Grafts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aortic Stent Grafts Analysis and Forecast
9.1 Introduction
9.2 North America Aortic Stent Grafts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aortic Stent Grafts Market Size Forecast by Type
9.6.1 Endovascular Aneurysm Repair(EVAR)
9.6.2 Abdominal Aortic Aneurysm Repair
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aortic Stent Grafts Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aortic Stent Grafts Analysis and Forecast
10.1 Introduction
10.2 Europe Aortic Stent Grafts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aortic Stent Grafts Market Size Forecast by Type
10.6.1 Endovascular Aneurysm Repair(EVAR)
10.6.2 Abdominal Aortic Aneurysm Repair
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aortic Stent Grafts Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aortic Stent Grafts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aortic Stent Grafts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aortic Stent Grafts Market Size Forecast by Type
11.6.1 Endovascular Aneurysm Repair(EVAR)
11.6.2 Abdominal Aortic Aneurysm Repair
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aortic Stent Grafts Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aortic Stent Grafts Analysis and Forecast
12.1 Introduction
12.2 Latin America Aortic Stent Grafts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aortic Stent Grafts Market Size Forecast by Type
12.6.1 Endovascular Aneurysm Repair(EVAR)
12.6.2 Abdominal Aortic Aneurysm Repair
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aortic Stent Grafts Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aortic Stent Grafts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aortic Stent Grafts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aortic Stent Grafts Market Size Forecast by Type
13.6.1 Endovascular Aneurysm Repair(EVAR)
13.6.2 Abdominal Aortic Aneurysm Repair
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aortic Stent Grafts Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aortic Stent Grafts Market: Competitive Dashboard
14.2 Global Aortic Stent Grafts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Cook Medical
14.3.3 Cordis
14.3.4 Gore Medical
14.3.5 Lombard Medical
14.3.6 Vascutek
14.3.7 Johnson & Johnson
14.3.8 Endologix
14.3.9 W.L. Gore & Associates
14.3.10 Medtronic
