Market Overview:
The global thoracic endoprosthesis market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in the field of endoprostheses, and rising demand for minimally invasive surgeries. Based on type, the global thoracic endoprosthesis market is segmented into aorta endoprosthesis and branch endoprosthesis. The aorta endoprosthesis segment is further sub-segmented into stent grafts and valves. The branch endoprosthesis segment is further sub-segmented into perforators and occluders. Based on application, the global thoracic prosthetic devices market is divided into four segments: hospital, outpatient department (OPD), surgical diagnosis and treatment center (SDTC), and other applications such as research institutes and defense establishments). Geographically, the global thoracic prosthetic devices market has been classified into five regions: North America, Latin America, Europe Asia Pacific ,and Middle East & Africa .
Product Definition:
A thoracic endoprosthesis is a device that is inserted into the chest cavity to support and stabilize the spine. It may be used to treat conditions such as scoliosis or kyphosis.
Aorta Endoprosthesis:
Aorta endoprosthesis is a device used to restore the normal function of the aortic valve. It is also known as artificial heart and consists of an implantable device that helps in replacing or restoring the flow of blood through an abnormal opening in the heart's wall. The product has been approved by both U.S.
Branch Endoprosthesis:
Branch endoprosthesis is a procedure used to restore blood circulation in the body. It's an artificial device that is implanted inside the body to re-supply blood vessels which have been damaged or cut off from their source. The most common use of branch endoprosthesis is for the treatment of peripheral vascular disease, also known as “arterial occlusive disease” and “venous occlusive disease”.
Application Insights:
The other application segment includes the use of thoracic endoprosthesis for treating conditions such as lung cancer, emphysema, and bronchitis. The surgical diagnosis and treatment center segment held the largest market share in 2017 due to increasing number of surgeries for various diseases such as aortic stenosis, tracheal stenosis, lung cancer etc. This trend is expected to continue over the forecast period due to rise in geriatric population base susceptible to these disorders coupled with high incidences of smoking globally.
According to a study published by NCBI in 2018; it was estimated that around 1 million people die from tobacco related diseases every year globally which comprises about 15% of all deaths caused by NCDs (Non-Communicable Diseases).
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing prevalence of cardiovascular diseases and cancer, and presence of well-established healthcare facilities. Moreover, growing number of research grants by government organizations is expected to fuel the growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising geriatric population with cardiac disorders coupled with improving economic conditions in emerging countries such as China and India. In addition, rapidly developing healthcare infrastructure in this region will drive industry demand for Thoracic endoprosthesis during the estimated time span.
Growth Factors:
- Increasing incidence of thoracic diseases such as cancer, tuberculosis, and others
- Growing awareness about the benefits of using thoracic endoprosthesis devices
- Rising demand for minimally invasive surgeries
- Technological advancements in the field of thoracic endoprosthesis devices
- Growing number of surgical procedures performed annually
Scope Of The Report
Report Attributes
Report Details
Report Title
Thoracic Endoprosthesis Market Research Report
By Type
Aorta Endoprosthesis, Branch Endoprosthesis
By Application
Hospital, Outpatient Department, Surgical Diagnosis and Treatment Center, Other
By Companies
W. L. Gore & Associates, Medtronic, PlasmaChem GmbH, Cordis Corporation, Boston Scientific, Lifetech Scientific, W. L. Gore & Associates
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Thoracic Endoprosthesis Market Report Segments:
The global Thoracic Endoprosthesis market is segmented on the basis of:
Types
Aorta Endoprosthesis, Branch Endoprosthesis
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
Hospital, Outpatient Department, Surgical Diagnosis and Treatment Center, Other
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:
- W. L. Gore & Associates
- Medtronic
- PlasmaChem GmbH
- Cordis Corporation
- Boston Scientific
- Lifetech Scientific
- W. L. Gore & Associates
Highlights of The Thoracic Endoprosthesis 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:
- Aorta Endoprosthesis
- Branch Endoprosthesis
- By Application:
- Hospital
- Outpatient Department
- Surgical Diagnosis and Treatment Center
- Other
- 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 Thoracic Endoprosthesis 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?
Thoracic endoprosthesis is a medical device that helps to support and protect the lungs. It is a type of prosthetic chest wall that replaces part of the ribcage. Thoracic endoprosthesis can be used to help people who have lost their lung function due to injury, disease, or age.
Some of the major companies in the thoracic endoprosthesis market are W. L. Gore & Associates, Medtronic, PlasmaChem GmbH, Cordis Corporation, Boston Scientific, Lifetech Scientific, W. L. Gore & Associates.
The thoracic endoprosthesis market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thoracic Endoprosthesis 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 Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Size & Forecast, 2018-2028 4.5.1 Thoracic Endoprosthesis Market Size and Y-o-Y Growth 4.5.2 Thoracic Endoprosthesis Market Absolute $ Opportunity
Chapter 5 Global Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Size Forecast by Type
5.2.1 Aorta Endoprosthesis
5.2.2 Branch Endoprosthesis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Outpatient Department
6.2.3 Surgical Diagnosis and Treatment Center
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thoracic Endoprosthesis 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 Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Analysis and Forecast
9.1 Introduction
9.2 North America Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Size Forecast by Type
9.6.1 Aorta Endoprosthesis
9.6.2 Branch Endoprosthesis
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 Thoracic Endoprosthesis Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Outpatient Department
9.10.3 Surgical Diagnosis and Treatment Center
9.10.4 Other
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 Thoracic Endoprosthesis Analysis and Forecast
10.1 Introduction
10.2 Europe Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Size Forecast by Type
10.6.1 Aorta Endoprosthesis
10.6.2 Branch Endoprosthesis
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 Thoracic Endoprosthesis Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Outpatient Department
10.10.3 Surgical Diagnosis and Treatment Center
10.10.4 Other
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 Thoracic Endoprosthesis Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Size Forecast by Type
11.6.1 Aorta Endoprosthesis
11.6.2 Branch Endoprosthesis
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 Thoracic Endoprosthesis Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Outpatient Department
11.10.3 Surgical Diagnosis and Treatment Center
11.10.4 Other
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 Thoracic Endoprosthesis Analysis and Forecast
12.1 Introduction
12.2 Latin America Thoracic Endoprosthesis 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 Thoracic Endoprosthesis Market Size Forecast by Type
12.6.1 Aorta Endoprosthesis
12.6.2 Branch Endoprosthesis
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 Thoracic Endoprosthesis Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Outpatient Department
12.10.3 Surgical Diagnosis and Treatment Center
12.10.4 Other
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) Thoracic Endoprosthesis Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thoracic Endoprosthesis 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) Thoracic Endoprosthesis Market Size Forecast by Type
13.6.1 Aorta Endoprosthesis
13.6.2 Branch Endoprosthesis
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) Thoracic Endoprosthesis Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Outpatient Department
13.10.3 Surgical Diagnosis and Treatment Center
13.10.4 Other
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 Thoracic Endoprosthesis Market: Competitive Dashboard
14.2 Global Thoracic Endoprosthesis Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 W. L. Gore & Associates
14.3.2 Medtronic
14.3.3 PlasmaChem GmbH
14.3.4 Cordis Corporation
14.3.5 Boston Scientific
14.3.6 Lifetech Scientific
14.3.7 W. L. Gore & Associates