The report is titled as ‘Aortic Stents Grafts Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the aortic stents grafts market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The aortic stents grafts market is expected to grow at a significant rate in the near future.
The global aortic stents grafts market in 2020 is estimated 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%.
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.
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.
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.
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.
MMC Overview on Aortic Stents Grafts Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Aortic Stents Grafts market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
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.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Aortic Stents Grafts
• Advantage of Aortic Stents Grafts over other modalities
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Aortic Stents Grafts Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Aortic Stents Grafts Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Aortic Stents Grafts Market Snapshot
2.4. Global Aortic Stents Grafts Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Aortic Stents Grafts Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Aortic Stents Grafts Market, By Product Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Product Type
3.1.2. BPS Analysis, By Product Type
3.2. Market Revenue (US$Mn) Forecast, By Product Type
3.2.1. Abdominal Aortic Stent Graft
3.2.2. Thoracic Aortic Stent Graft
3.3. Global Aortic Stents Grafts Market Attractiveness Index, By Product Type
4. Global Aortic Stents Grafts Market, By End User
11.5. Africa Aortic Stents Grafts Market Attractiveness Index
11.5.1. By Country
11.5.2. By End User
11.5.3. By Product Type
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. Becton, Dickinson and Company
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. Cardinal Health, Inc.
13.3.3. Cook Medical Inc.
13.3.4. CryoLife, Inc.
13.3.5. ENDOLOGIX, INC.
13.3.6. Lombard Medical, Inc.
13.3.7. Medtronic Plc.
13.3.8. MicroPort Scientific Corporation
13.3.9. Terumo Corporation Inc.
13.3.10. W.L. Gore & Associates Inc.
14. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global aortic stents grafts market in 2020 is estimated for more than US$ 2.6 Bn and expected to reach a value of US$ 4.5 Bn by 2028 with a significant CAGR of 7.3%.
What are the key factors driving the growth of market?
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
What segments are covered in market report?
Aortic stents grafts market is segmented on the basis of product type, end-user, and by region.
What are the key participating players in the market?
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., and W.L. Gore & Associates Inc.
