Aortic Stent Grafts Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Aortic Stent Grafts Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : August, 2020 | Medical Devices | PPT format

Report Digest

Aortic Stent Grafts Market: Overview

The aortic stent grafts market represented a market of a value of $ 1,605.3M in 2017 and anticipated to develop at a CAGR of 8.1% amid the gauge time frame from 2018 to 2028. Aortic stent grafts are utilized in aneurysms which are caused because of strangely widened veins. The aortic stent grafts presented are through particular catheters that incited by means of minor careful cuts in the crotch. Aortic stent grafts are strung through the stomach aorta with the assistance of an x-ray. In this manner, being a negligibly intrusive medical procedure aortic stent grafts are most favored unites by medicinal specialists in aneurysm treatment.

Aortic Stent Grafts Market: Market Analysis

On 12 June 2018, The FDA Circulatory System Devices Panel of the Medical Devices Advisory Committee casted a ballot with 11 against 4 that affirming that benefits of aortic stent unites intended for the endovascular treatment of infrarenal stomach aortic aneurysm eclipse the potential dangers controlled by this gadget.

The significant key market drivers for the aortic stent grafts market are expanding awareness of aneurysms combined with geriatric populace, perpetual mechanical headways in negligibly intrusive system strategies, and neglected needs identified with human services and ailment awareness in creating and immature nations internationally.

In the year 2017, stomach aortic stent unites expected to be the biggest portion because of key market drivers, for example, expanding reception of insignificantly obtrusive medical procedures over open medical procedures, persistent advancement in the innovation of aortic stent grafts, and long clinical information gathered sooner rather than later will build stomach aortic stent grafts requirements.

In the year 2016, abdominal aortic aneurysm explicit confusions were in charge of 9758 deceased patients in the US, with an expected rate of 3 deaths in every 100K individuals. As indicated by CDC, AAA positions as one of the main 15 reasons for death in the US, explicitly found in individuals matured over 80 years.

Aortic Stent Grafts Market: Regional Analysis

Asia Pacific observed as the fastest growing aortic stent grafts market during the forecast period 2018 to 2028. North America expected to maintain its dominance throughout the forecast period due to presence of organized & supportive reimbursement policies.

Asia Pacific experienced as the quickest developing aortic stent grafts showcase at the time of the estimate time frame 2018—26. North America expected to keep up its predominance all through the time frame because of quality of composed and strong repayment strategies. It is the followed by United States, Canada, Europe, UK, Germany, APAC, Rest of Europe, Japan, China, South Korea, LATAM, Mexico, Brazil, MEA and more.

Aortic Stent Grafts Market: Competitive Landscape

Aortic Stent Graft Market portrays the key aortic stent grafts market players profiled in the report incorporate Cardinal Health Inc., Medtronic Plc, W.L. Gut, Cook Medical Inc., Terumo Corporation Inc., Lombard Medical Inc., ENDOLOGIX INC., MicroPort Scientific Corporation, CryoLife Inc., Aptus Endosystems and Altura Medical among others.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.