Aortic Stents Grafts Market: Latest Developments & Covid-19 Impact Analysis Report, 2020-2028
Meridian Market Consultants (MMC) has published a new report titled, “Aortic Stents Grafts Market: Opportunity Analysis and Future Assessment 2020-2028’. According to the report, the global aortic stents grafts market is expected to grow at a significant CAGR for the period between 2020 and 2028. Research team projects that the global Aortic Stents Grafts Market in 2020 is accounted for more than US$ 2.6 Bn and expected to reach a value of US$ 4.5 Bn by 2028 with a significant CAGR of 7.3%. The base year considered for the study is 2019, and the market size is projected from 2020 to 2028. Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Aortic Stents Grafts Market Dynamics
The aortic stents grafts market is expected to favor a slow yet steady growth, accounting for the factors like the growing count of cases of people suffering from aneurysm conditions, supportive reimbursement policies along the increasing popularity and adoption of minimally invasive surgeries among physician and patients. In addition, the elevated count of clinical trials and the strict FDA approval norms for the innovation and manufacturing of aortic stent grafts designs are also responsible for boosting the market growth.
aortic stents market worth
Growing adoption of business strategies like partnerships and mergers among the manufacturers for supporting the research and development activities and geographical expansion coupled with the rising life expectancy and the adoption of new surgical techniques for treating the patients effectively also boosts the growth of the global aortic stents grafts market.
The launch of bifurcated and fenestrated aortic stent grafts and rising healthcare expenses are the other growth-supporting factors for the market. On the other hand, the factors accounting for product recalls, risk of endoleaks, and some other complications linked with the stent graft implants serve to restrict the market growth.
However, the growing count of breakthrough device designations along with the adoption of strategic alliances across the globe are the growth trending factor supporting the market growth.
Aortic Stents Grafts Market Segmentation
Aortic stents grafts market is segmented on the basis of product type, end-user, and by region.
By Product Type:
Abdominal Aortic Stent Graft
Thoracic Aortic Stent Graft
By End-user:
Hospitals
Ambulatory Surgical Centers/Outpatient Surgical Centers
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Aortic Stents Grafts Market Competitive Landscape
Key players operating in the aortic stents grafts market include:
- Becton, Dickinson and Company
- Cardinal Health, Inc.
- Cook Medical Inc.
- CryoLife, Inc.
- ENDOLOGIX, INC.
- Lombard Medical, Inc.
- Medtronic Plc.
- MicroPort Scientific Corporation
- Terumo Corporation Inc.
- W.L. Gore & Associates Inc.
To Identify the Key Trends in the Global Aortic Stents Grafts Industry, Read More at: https://meridianmarketconsultants.com/pressrelese/aortic-stents-grafts-market
Regional Segmentation
On the basis of region, the aortic stents grafts market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.