Aortic Stent Grafts Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Aortic Stent Grafts Market Report Overview
The aortic stent grafts market size was $3.31 billion in 2023. The market is expected to grow at a CAGR of more than 7% during 2023-2033. Aortic Stent grafts are used to reinforce a weakened aorta to prevent ruptures. These devices can be of allografts or synthetic materials.
Aortic Stent Grafts Market Outlook, 2023-2033 ($ Billion)
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The Aortic Stent Grafts market research report gives a detailed overview of market behavior, which will help identify quantitative market trends in the cardiovascular devices therapeutic area. The model discusses in detail the impact of COVID-19 on the aortic stent grafts market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $3.31 billion |
CAGR (2023-2033) | >7% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Abdominal Aortic Stent Grafts
· Extension Pieces · Thoracic Aortic Stent Grafts |
Key Regions | · North America
· Europe · Asia Pacific · South America · Middle East and Africa |
Leading Companies | · W. L. Gore & Associates Inc
· Medtronic Plc · Cook Medical Inc · Endologix LLC · Terumo Corp |
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Aortic Stent Grafts Market Dynamics
Aortic stent grafts are used to treat aortic aneurysms and dissections. The number of thoracic aortic aneurysms (TAA), abdominal aortic aneurysms (AAA), and aortic dissection cases will increase with the aging population. Additionally, the rate of diagnosis and endovascular repair are on the rise. These factors will drive the aortic stent grafts market growth throughout the forecast period. AAAs occur in the abdominal region of the aorta, which is furthest from the heart while TAAs occur in the regions of the aorta closest to the heart, and rarely present with symptoms.
Aortic Stent Grafts Market Segments
The key segments in the aortic stent grafts market are abdominal aortic stent grafts, extension pieces, and thoracic aortic stent grafts. Abdominal aortic stent grafts led the aortic stent grafts market in 2023. Abdominal aortic stent grafts are used to treat abdominal aortic aneurysms by reinforcing a part of the aorta using a minimally invasive procedure.
Aortic Stent Grafts Market Analysis by Segments, 2023 (%)
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Aortic Stent Grafts Market Segmentation by Regions
The key regions in the aortic stent grafts market are North America, Europe, Asia Pacific, South America, and the Middle East and Africa. In 2023, North America dominated the aortic stent grafts market and will remain the largest region representing the global market. The factors driving the North American aortic stent grafts market include the aging population, increased use of diagnostic imaging technologies in healthcare, and growth in the use of minimally invasive endovascular repair.
Aortic Stent Grafts Market Analysis by Regions, 2023 (%)
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Aortic Stent Grafts Market - Competitive Landscape
A few of the leading companies in the aortic stent grafts market are:
- L. Gore & Associates Inc
- Medtronic Plc
- Cook Medical Inc
- Endologix LLC
- Terumo Corp
- L. Gore & Associates Inc dominated the market in 2023.
Aortic Stent Grafts Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Aortic Stent Grafts Segments Outlook (Value, $ Billion, 2015-2033)
- Abdominal Aortic Stent Grafts
- Extension Pieces
- Abdominal Aortic Stent Graft Extenders
- Thoracic Aortic Stent Graft Extenders
- Thoracic Aortic Stent Grafts
Aortic Stent Grafts Regional Outlook (Value, $ Billion, 2015-2033)
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Key Inclusions
Currently marketed Aortic Stent Grafts and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Aortic Stent Grafts market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Aortic Stent Grafts market.
- Competitive dynamics insights and trends provided for the Aortic Stent Grafts market.
Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: W. L. Gore & Associates Inc, Medtronic Plc, Cook Group Inc, Endologix LLC, Terumo Corp, LifeTech Scientific Corp, Hellman and Friedman LLC, Shanghai MicroPort Medtech Co Ltd, Artivion Inc, S&G Biotech Inc, and others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Aortic Stent Grafts market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Aortic Stent Grafts market.
- Competitive dynamics insights and trends provided for the Aortic Stent Grafts market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
- Understand the impact of COVID-19 on the Aortic Stent Grafts market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Aortic Stent Grafts market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Aortic Stent Grafts market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Aortic Stent Grafts market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Medtronic Plc
Cook Medical Inc
Endologix LLC
Terumo Corp
LifeTech Scientific Corp
Cordis Corp
Shanghai MicroPort Endovascular MedTech Group Co Ltd
Artivion Inc
S&G Biotech Inc
Others
Frequently asked questions
-
What was the aortic stent grafts market size in 2023?
The aortic stent grafts market size was $3.31 billion in 2023.
-
What will the aortic stent grafts market growth rate be during the forecast period?
The aortic stent grafts market is expected to grow at a CAGR of more than 7% during 2023-2033.
-
Which region dominated the aortic stent grafts market in 2023?
North America dominated the overall aortic stent grafts market in 2023.
-
Which segment led the aortic stent grafts market in 2023?
Abdominal aortic stent grafts led the aortic stent grafts market in 2023.
-
Which are the leading companies in the aortic stent grafts market?
A few of the leading companies in the aortic stent grafts market are W. L. Gore & Associates Inc, Medtronic Plc, Cook Medical Inc, Endologix LLC, and Terumo Corp, among others.
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