Aortic Stent Grafts Market Industry Trends, Estimation & Forecast, 2018 - 2025

The key drivers of Aortic stent grafts market are due to the reasons such as nearly 2/3rd of the people suffering from aortic aneurysm are male. Moreover, the increasing number of geriatric population across the globe is also expected to fuel the growth of the global aortic stent grafts market, owing to the higher prevalence of aortic aneurysm in older people. According to the United Nations, the global older population (above the age of 60 years) is expected to double by 2050. In 2017, there were 962 million people of the age 60 years and above, these statistics is expected to reach 2.1 billion by the year 2050. The government of various developed countries is investing heavily in the R&D activities to introduce technologically advanced products and thus creating a pool of opportunities for the aortic stent grafts market during the upcoming years. However, the lack of healthcare facilities in developing economies and the high costs of medical treatments are hindering the growth of the market in such regions.

Individuals suffering from aneurysm are subjected to a grafting medical procedure in which a stent in place inside their artery at the site of bulging. A weak spot in the walls of the blood vessels causes the aorta to bulge like a balloon, resulting in aneurysmal dilatation, which is treated by using stents bounded with a fabric liner. The demand for aortic stent grafts is expected to rise during the upcoming years, owing to the surging awareness regarding the lethal risks of inflating aneurysm. Being a minimally invasive procedure, the market for aortic stent graft is expected to grow at an impressive pace due to the surging adoption of minimally invasive procedures.

The global Thoracic Aortic Stent Graft market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.

segmentation by aneurysm (abdominal aortic aneurysm and thoracic aortic aneurysm), end-users (hospitals and ASCs. Further, the market is expected to grow at a healthy rate due to the growing preference for EVAR procedures. In addition, vendors are focusing on bifurcated abdominal aortic stent grafts, which are compatible with EVAR procedures. They are also extensively investing in R&D activities and conducting clinical trials to develop innovative devices.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Stent Grafts in these regions, from 2013 to 2025 (forecast), covering North America, Europe (EU) – UK, Germany, France & Rest of Europe, Asia Pacific (APAC) – China, Japan, India & Rest of APAC, Rest of the World (RoW) Thoracic Aortic Stent GraftMarket competition by top manufacturers/ Key player Profiled are Bolton Medical, Cook Medical Inc. Evasc Medical Systems Corp. Medtronic. St. Jude Medical among others

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