The Aortic Stent Grafts Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Aortic Stent Grafts Global Market Report 2024, The aortic stent grafts market size is expected to see strong growth in the next few years. It will grow to $4.63 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to improved healthcare infrastructure, favorable reimbursement policies, the shift towards bifurcated abdominal aortic stent grafts, the growing popularity of hybrid procedures, and Increasing focus on training and education programs for healthcare professionals. Major trends in the forecast period include technological innovations, innovative products, increased regulatory approvals, a rise in investments in research and development, and enhanced healthcare infrastructure.
The rise in cardiovascular diseases propels the growth of the aortic stent graft market going forward. The increase in cardiovascular disease cases is primarily due to lifestyle factors such as poor diet, lack of exercise, smoking, and rising obesity rates. Aortic stent grafts are used in cardiovascular disease to repair and reinforce weakened or damaged sections of the aorta, particularly in cases of aneurysms. For instance, in January 2024, according to the British Heart Foundation, a UK-based cardiovascular research charity, coronary heart disease (CHD) was a major cause of mortality in the UK, responsible for approximately 68,000 deaths annually. This translates to an average of 190 deaths per day, or one death roughly every eight minutes. In the UK, coronary heart disease accounts for the deaths of one in eight men and one in 14 women. Therefore, the rise in cardiovascular diseases is driving the growth of the aortic stent graft market.
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The aortic stent grafts market covered in this report is segmented –
1) By Product: Abdominal Aortic Stents Graft, Thoracic Aortic Stents Graft
2) By Type: Abdominal Aortic Aneurysms, Thoracic Aortic Aneurysms
3) By End User: Hospitals, Ambulatory Surgical Centers Or Outpatient Surgical Centers, Other End-Users
Major companies operating in the aortic stent graft market are focused on developing advanced products, such as polymer-based grafts, to enhance product efficacy and patient outcomes. Polymer-based grafts refer to synthetic materials that are used as replacements or reinforcements in surgical procedures involving blood vessels or other tubular structures in the body. For instance, in May 2021, Endologix Inc., a US-based medical device company, launched an Alto abdominal stent graft in Canada, which is designed for patients with abdominal aortic aneurysms (AAA) and utilizes innovative polymer-based technology. It features a low-profile delivery system and a conformable sealing ring that adapts to the patient’s aortic neck anatomy during deployment.
The aortic stent grafts market report table of contents includes:
1. Executive Summary
2. Aortic Stent Grafts Market Characteristics
3. Aortic Stent Grafts Market Trends And Strategies
4. Aortic Stent Grafts Market – Macro Economic Scenario
5. Global Aortic Stent Grafts Market Size and Growth
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32. Global Aortic Stent Grafts Market Competitive Benchmarking
33. Global Aortic Stent Grafts Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Aortic Stent Grafts Market
35. Aortic Stent Grafts Market Future Outlook and Potential Analysis
36. Appendix
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