Abdominal Aorta Stent Grafts Market Poised for Growth Expanding Opportunities

Abdominal Aorta Stent Grafts Market to Record an Exponential CAGR by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Abdominal Aorta Stent Grafts Market- by Product Type (Polymer and Metal), End Users (Hospitals, Ambulatory Surgical Centers and Specialty Clinics), Trends, Industry Competition Analysis, Revenue and Forecast To 2024-2031."

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According to InsightAce Analytic's latest research, the global market for abdominal aorta stent grafts is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.17% from 2024 to 2031.

Abdominal aortic stent grafts are used in a minimally invasive procedure called Endovascular Aneurysm Repair (EVAR) to treat abdominal aortic aneurysms. EVAR involves placing a stent graft within the aorta using catheters, avoiding the need for open surgery to access the chest or abdomen. The graft functions by applying pressure to the arteries above and below the aneurysm, effectively blocking blood flow to it and promoting shrinkage.

Once implanted in the aorta, the stent creates a secure passage for continued blood flow.
• Separated market size information from the technical description.
• Replaced "Aortic abdominal stent transplant" with the more concise

"Abdominal aortic stent grafts" for better readability.
• Defined EVAR before mentioning it as a treatment option.
• Clarified the function of the stent graft.

One of the key reasons influencing the growth of the abdominal aorta stent graft market is the rise in the prevalence of aortic aneurysm among consumers worldwide. The demand for cutting-edge thoracic and abdominal aneurysm repair therapies and equipment is growing as cardiovascular diseases (CVDs) are on the rise, and the market growth is accelerating due to an increase in life expectancy.

Consumer preference for minimally invasive procedures due to less discomfort and quick recovery time and the rise in endovascular repair acceptance over open surgical repair among consumers are two more market factors. The market for abdominal aorta stent grafts is also benefited by urbanisation, R&D activity, improved healthcare infrastructure, and unhealthy lifestyles. The increase in FDA approvals and clinical trials for bettering aortic stent graft designs presents lucrative chances to market participants in the projection.

The risk of endoleaks and associated problems, as well as a lack of knowledge about the novel EVAR treatment, are anticipated to restrain market expansion. The market for aortic stent grafts is expected to have difficulties due to a shortage of skilled healthcare professionals.

North America is anticipated to be the major contributor to the Abdominal Aorta Stent Grafts market over the forecast years. Due to the region's acceptance of minimally invasive surgery, technical improvements, and increased prevalence of abdominal aortic aneurysm. The market in the region is expected to grow as a result of the presence of significant players who provide abdominal aorta stent graft system devices.

In addition, the Asia Pacific Abdominal Aorta Stent Grafts market is expected to grow significantly during the forecast period. The demand for abdominal stent graft systems is predicted to rise due to the ageing population, rising smoking rates, atherosclerosis, and rising incidences of abdominal aortic aneurysms. Furthermore, the abdominal stent graft system market in the Asia Pacific is anticipated to grow throughout the projected period due to the presence of major players and domestic suppliers of catheters and syringe needles.

Major market players operating in the Abdominal Aorta Stent Grafts market include
Bentley InnoMed, Braile Biomedica, COOK Medical, Bolton Medical, Cordis, W. L. Gore, Jotec, Jotec GmbH, Endologix, Lombard Medical, Medtronic, Shanghai Microport Orthopedics among others.

Recent collaborations and agreements in the market:
• In May 2021, Endologix LLC announced the introduction and first implant of its ALTO® Abdominal Stent Graft in Canada following Health Canada approval.
• In August 2020, Under an experimental device exemption, the US Food and

Drug Administration (FDA) had given Endospan permission to start the TRIOMPHE trial on the NEXUS Aortic Arch Stent Graft System (IDE).

• In September 2019, CyroLife Inc., a firm specialising in cardiac and vascular surgery, inked a distribution agreement, a credit agreement, and an option agreement to purchase EndoSpan Ltd., a stent-graft business based in Israel. EndoSpan creates stent graft systems to treat aortic aneurysms and dissections.

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Market Segments
Global Abdominal Aorta Stent Grafts Market, by Product Type, 2022-2030 (Value US$ Mn)

• Polymer
• Metal

Global Abdominal Aorta Stent Grafts Market, by End Users, 2022-2030 (Value US$
Mn)

• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics

Global Abdominal Aorta Stent Grafts Market, by Region, 2022-2030 (Value US$ Mn)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Abdominal Aorta Stent Grafts Market, by Country, 2022-2030 (Value US$ Mn)

• U.S.
• Canada

Europe Abdominal Aorta Stent Grafts Market, by Country, 2022-2030 (Value US$ Mn)

• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Abdominal Aorta Stent Grafts Market, by Country, 2022-2030 (Value US$ Mn)

• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Abdominal Aorta Stent Grafts Market, by Country, 2022-2030 (Value US$ Mn)

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Abdominal Aorta Stent Grafts Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Abdominal Aorta Stent Grafts market
 To receive an industry overview and future trends of the Abdominal Aorta Stent Grafts market
 To analyze the Abdominal Aorta Stent Grafts market drivers and challenges
 To get information on the Abdominal Aorta Stent Grafts market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Abdominal Aorta Stent Grafts market industry

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