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Future of the Aortic Stent Grafts Market: Trends, Innovations, and Key Forecasts Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Aortic Stent Grafts Market Size Growth Forecast: What to Expect by 2025?
The market size for aortic stent grafts has seen significant growth in the past few years. The forecast predicts an increase from $3.32 billion in 2024 to $3.61 billion in 2025, showcasing a compound annual growth rate (CAGR) of 8.8%. Factors contributing to this growth in the historical period include a preference for minimally invasive surgeries, higher life expectancy rates, the prevalent use of diagnostic imaging technologies in healthcare, advancements in medical science and technologies, and the execution and increased adoption of endovascular repair.
How Will the Aortic Stent Grafts Market Size Evolve and Grow by 2029?
The market for aortic stent grafts is forecasted to experience a robust growth rate in the immediate future, reaching a valuation of $5.02 billion in 2029 at a CAGR of 8.6%. This anticipated growth trajectory in the given forecast period can be credited to better healthcare infrastructure, favorable reimbursement practices, a preference for bifurcated abdominal aortic stent grafts and the increasing trend for hybrid procedures. There is also a burgeoning emphasis on training and educational activities for healthcare professionals. Key trends for the forecast period comprise technological advancements, groundbreaking products, increased regulatory validations, a surge in research and development investments, and superior healthcare infrastructure.
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What Drivers Are Propelling the Growth of Aortic Stent Grafts Market Forward?
The growth of the aortic stent graft market is being spurred on by the increase in cardiovascular diseases. This rise in heart-related illnesses is largely attributed to lifestyle choices including poor diet, lack of physical activity, smoking, and the epidemic of obesity. When treating cardiovascular diseases, aortic stent grafts play a crucial role by strengthening and repairing the aorta which might be damaged or weakened, especially in aneurysm cases. For instance, the British Heart Foundation, a reputable cardiovascular research charity in the UK, reported in January 2024 that coronary heart disease (CHD) was a significant cause of death in the UK, accounting for around 68,000 deaths annually. This equates to an alarming rate of 190 daily deaths, or one death approximately every eight minutes. In the UK, one in eight men and one in 14 women's deaths are caused by coronary heart disease. Therefore, the surging numbers of cardiovascular diseases are propelling the expansion of the aortic stent graft market.
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Which Emerging Trends Are Transforming the Aortic Stent Grafts Market in 2025?
Leading businesses in the aortic stent graft market are concentrating on the development of innovative items, such as a stent-graft system that offers better stability, flexibility, and lower risk of complications. A stent-graft system is a medical device used in endovascular surgeries to manage aneurysms. It comprises a support stent and a graft to strengthen the vessel wall. For example, Terumo India, a medical device company based in India, introduced the TREO Abdominal Stent-graft system in August 2024. The TREO Abdominal Stent-Graft System is a cutting-edge endovascular device created for managing infrarenal abdominal aortic aneurysms. It offers adjustable limb in situ, improved sealing, and solid fixation, leading to enhanced stability and superior long-term results for patients.
What Are the Key Segments in the Aortic Stent Grafts Market?
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
Subsegments:
1) By Abdominal Aortic Stent Graft: Endovascular Aneurysm Repair (EVAR) Stent Grafts, Aortic Aneurysm Stent Grafts
2) By Thoracic Aortic Stent Graft: Thoracic Endovascular Aortic Repair (TEVAR) Stent Grafts, Hybrid Aortic Stent Grafts
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Who Are the Key Players Shaping the Aortic Stent Grafts Market's Competitive Landscape?
Major companies operating in the aortic stent grafts market are Cardinal Health Inc., Medtronic plc, Aptus Endosystems Inc., B. Braun Inc., Terumo Corporation, W.L. Gore & Associates Inc., Cook Medical Inc., Getinge AB, Merit Medical Systems Inc., MicroPort Scientific Corporation, Seisa Medical Inc., Artivion Inc., Lifetech Scientific (Shenzhen) Co. Ltd., Endologix Inc., Braile Biomédica, Biomerics LLC, Jotech GmbH, OptiMed Medizinische Instrumente GmbH, Bentley InnoMed GmbH, Endospan Ltd.
What Geographic Markets Are Powering Growth in the Aortic Stent Grafts Market?
North America was the largest region in the aortic stent grafts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aortic stent grafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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