The Abdominal Aorta Stent Grafts Market is expected to grow at a 4.86 % CAGR during the forecast period for 2024-2031.
The Aortic abdominal stent graft is used for abdominal aneurysm endovascular repair. Endovascular aneurysm repair (EVAR), is a new treatment option for abdominal aortic aneurysm in which a graft is inserted into the aorta to strengthen it. This surgery doesn’t need surgically opening the chest or abdomen and is done using catheters.
The Abdominal aortic stents grafts market is projected to grow near the future due to the increasing prevalence of aortic aneurysm, increasing number of clinical trials, rising life expectancy rate, and adoption of minimally invasive surgeries. Additionally, there has been a paradigm shift towards EVAR from the open repair surgery due to its advantages (as the endovascular aneurysm repair is less invasive than open surgery, reduced length of stay in the hospital and reduced blood loss, and time under general anesthesia. On the other hand, the lack of trained healthcare providers and the risk of further complications regarding the aortic stent grafts may restrain the market growth.
The Global Abdominal aorta stent grafts market is segmented based on product type, end-users, and region. Based on the product type, the market is divided into polymer and metal.The end-user market is segmented into hospitals, ambulatory surgical centers, and specialty clinics based on end-users. Based on the region, the market is studied across North America, Asia Pacific, Europe, and LAMEA. North America accounted for the largest share of the market in 2019, followed by Europe and Asia Pacific. On the other hand, the Asia Pacific is projected to have the highest growth rate during the forecast period.
Competitive Landscape
Some of The Key Players in The Abdominal Aorta Stent Grafts Market:
- Bentley InnoMed
- Bolton Medical
- Braile Biomedica
- COOK Medical
- Cordis Corporation
- Cardinal Health
- R. Bard (BD)
- Endologix
- L. Gore & Associates
- JOTEC GmbH
- Lombard Medical
- Medtronic
- Terumo Corporation
- Boston Scientific Corporation
- Shanghai Microport Orthopedics
- Vascutek
- Other Prominent/Product Pipeline Companies
- Altura Medical Inc.
- Hangzhou Endonom Medtech Co., Ltd.
- Duke Vascular
- Lifetech Scientific (Shenzhen) Co., Ltd.
- Endospan Ltd.
- Latecba S.A.
- Shape Memory Medical Inc.
The Abdominal Aorta Stent Grafts Market Report Scope
Report Attribute |
Specifications |
Growth Rate CAGR |
CAGR of 4.86 % from 2024 to 2031 |
Quantitative Units |
Representation of revenue in US$ Million, Volume (Unit), and CAGR from 2024 to 2031 |
Historic Year |
2019 to 2023 |
Forecast Year |
2024-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Product Type, By End-Users |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
Competitive Landscape |
Bentley InnoMed, Bolton Medical, Braile Biomedica, COOK Medical, Cordis, Endologix, W. L. Gore, Jotec, Jotec GmbH, Lombard Medical, Medtronic, Shanghai Microport Orthopedics, Vascutek, and Others |
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |