The latest market report published by Credence Research, Inc. “Global Aortic Stents Grafts Market: Growth, Future Prospects, and Competitive Analysis, 2023 – 2030”. The Global Aortic Stents Grafts Market generated revenue of around USD 295.6 million in 2022 and is anticipated to grow a CAGR of over 8.5% during the forecast period from 2023 to 2030 to reach around USD 523.25 million in 2030.
Devices of the tube shape known as stent grafts are frequently utilized in endovascular aneurysm repair procedures. Stent grafts are inserted into the patients during this procedure to stop the rupture of the affected area. Between 2022 and 2030, the market for stent grafts may experience an increase due to the advantages associated with their use. The synthetic stent graft system and endovascular markets for stent grafts can be divided based on product. Bifurcated stent grafts and aorta-uni-iliac stent grafts are available on the market.
The global Aortic Stents Grafts market is bifurcated into Product, Application, and Geography. Based on product, the market is categorized into Abdominal Aortic Stent Graft, Thoracic Aortic Stent Graft. On the basis of application, the global market is segmented into Hospitals, Ambulatory Surgical Centers. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
In 2022, North America dominated the global Aortic Stents Grafts market and accounted for a major market revenue share in terms of value. The market for stent grafts in North America may experience rapid expansion due to the rising acceptance of minimally invasive procedures and increased public awareness of the value of stent graft usage.
The aortic stents grafts market is driven by a number of factors. Firstly, the increasing prevalence of cardiovascular diseases is a key driver of the market. Cardiovascular disease is one of the leading causes of death globally, and as such, there is a growing demand for treatments that can improve patient outcomes. Secondly, the aging population is another key driver of the market. The elderly are more susceptible to cardiovascular disease, and as such, the demand for aortic stents grafts amongst this population is expected to grow.
Why to Buy This Report-
- The report provides a qualitative and quantitative analysis of the global Aortic Stents Grafts market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2018-2021, base year- 2022, and forecast period 2023-2030.
- The report contains information related to the competitive landscape like how the key players in the market are operating at a global, regional, and country level
- In-depth analysis of the global Aortic Stents Grafts market segmentation based on type, and application.
- Major countries in each region with their import/export statistics
- The global Aortic Stents Grafts market report also includes analysing of the global, regional, and country level, along with key market trends, significant players analysis, market growth strategies, and key application areas.
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