Global Aortic Stent Grafts Market Size, Share & Trends Analysis Report By Type (Abdominal Aortic Stent Grafts, Thoracic Aortic Stent Grafts), Facility (Hospitals, Others), and Region, By End-use, And Segment Forecast Period – 2022 – 2028

Report ID - MRC_253 | Pages - 212 | Category - Medical Devices

Aortic Stent Grafts Market Insights

Global Aortic Stent Grafts Market garnered market revenue of USD 1,889.0 Mn in 2020 and expected to rise with a CAGR of 5.6% from 2021-2028. Rising number of aortic aneurysm patients globally is likely to contribute to the overall growth of aortic stent-graft markets. For instance, Aortic aneurysms were the cause of 9,904 deaths in the US. And about 59% of deaths were associated to aortic aneurysms among men. In addition, the growing number of government screening programs for the senior population to detect aortic aneurysms has given the worldwide aortic stent graft market significant potential opportunities to boost the demand for Stent graft.

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Aortic Stent Grafts is utilized for treating aortic aneurysms, generally through transcatheter endovascular aortic repair (EVAR) procedures. The stent graft is usually made of a thin metal mesh, called the stent, which is covered with a thin polyester fabric, called the graft. It is opened inside the aorta then fastened in place while blood flows in it. It protects the aorta and prevents the aneurysm from bursting.

Primary factors driving the market growth are rise in unhealthy lifestyles and advancement of endovascular repair. The increased number of clinical trials, as well as advancements in stent-graft technology and design to provide patients with better and more effective therapy.  For instance, number of registered clinical trials has increased in over the past two decade. By September 9, 2021, there were approximately 390 thousand studies registered globally, comparatively form the year 2000, which was 2130 numbers.

Growing consumer knowledge of invasive treatment options, as well as government policies, are expected to propel the Aortic Stent-Graft Market forward. In addition to developing healthcare industry, evolutions in minimal invasive treatment procedures, growing elderly population, and a rising patient pool suffering from heart diseases and aortic aneurysms. Thus, the aforementioned factors are boosting the Aortic Stent Graft Market.

COVID-19 Impact on Aortic Stent Grafts Market

The immediate impact of COVID-19 has already resulted in thousands of lives lose and significant incremental costs to the healthcare system. COVID-19 had multiple symptoms which led to serious illness and the worst scenario leading to fatality in humans. Surgical practice requires the routine use of reusable equipment after sterilization as this equipment will come in contact with patients. This increases the risk of disease transmission including Covid-19 transmission.

Aortic stent grafts have distinct applications in cardiovascular surgeries and during the pandemic cardiovascular diseases saw a hike but had no impact on the market of aortic stent grafts owing to the increase in fatalities during the pandemic. Coronavirus can cause acute myocardial injury and chronic damage to the cardiovascular system. The majority of the fatality among old-age people during the COVID-19 were due to cardiac arrest and other cardiovascular-related problems. From January 1, 2020, to June 2, 2020, there were 397,042 cardiovascular deaths. Ischemic heart disease deaths rose across the United States alone when the epidemic began in 2020, compared to trends over the same period in 2019.

Post COVID and during the pandemic also, global aortic stent grafts gained positive results in the increased sales and demand from around the globe. Post-COVID, the aortic stent grafts market did not suffer and also gained a good pace in the various medical industry. Also increase in the number of cardiac surgeries, and rising cases of heart transplants, coupled with development in health care infrastructure increased the demand for aortic stent-grafts.

Global Aortic Stent Grafts Market Report Coverage

Global Aortic Stent Grafts Market is segmented by Type, facility, and Region. by Facility the market is segmented into hospitabls and Others. By type, the market is segmented into Abdominal Aortic Stent Grafts and Thoracic Aortic Stent Grafts. The report also covers the market size and forecasts for the Global Aortic Stent Grafts Market in 28 countries across major regions.

Report AttributesReport Details
Study Timeline2015-2028
Market Size in 2028USD 2,996.2 Million
CAGR5.6%
By TypeAbdominal Aortic Stent Grafts, Thoracic Aortic Stent Grafts
By FacilityHospitals, Others
By geographyNorth America: U.S., Canada, Mexico

Europe: Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe

Asia Pacific: China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific

Latin America: Brazil, Argentina, Chile, Rest of Latin America

The Middle East and Africa: GCC, Turkey, Israel, Rest of MEA

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Abdominal Aortic Stent Grafts to Grab a Dominant Share

Global Abdominal Aortic Stent Grafts market was valued at USD 1,670.9 Million in 2020. An abdominal aortic aneurysm is a type of aneurysm that occurs below the chest. An aneurysm develops when the artery wall weakens and bulges, allowing blood to flow to the weak spot. Abdominal aortic aneurysms (AAA) are regarded as the “silent killer” because they have an 80-90% chance of rupturing and causing mortality.

According to the Centers for Disease Control and Prevention (CDC), abdominal aortic aneurysms are more common in men with age 65 and older, and white people are more prone to this multifactorial disorder as compared to black people. Atherosclerosis, a hardening of the arteries that destroys the arterial walls, is the most common cause of abdominal aortic aneurysms. Patients who smoke, are overweight, or having a family history of cardiovascular or peripheral vascular disease are more likely to develop atherosclerosis.

Owing to the growing desire for Endovascular Aneurysm Repair (EVAR) operations, the market is predicted to develop at a healthy rate. Also, advancement in imaging modalities that are increasingly used in the follow-up of EVAR of AAA including ultrasound and magnetic resonance imaging (MRI) is projected to increase surgeries globally. This is expected to expand the therapeutic option and increase the global market penetration of aortic stent-grafts.

Global Aortic Stent Grafts Market Revenue (USD Million), by Abdominal Aortic Stent Grafts, 2015-2028

Global Aortic Stent Grafts Market Revenue (USD Million), by Abdominal Aortic Stent Grafts, 2015-2028

Hospitals to Lead by Facility segment in Global Aortic Stent Grafts market

Global Aortic Stent Grafts market by hospital was valued at USD 1,534.5 Million in 2020. Aortic aneurysm repair is done on a big scale in hospitals for both abdominal and thoracic aortic aneurysms. As a result, the rising number of aortic aneurysms, combined with the widespread acceptance of myocardial infarction (MI) operations over open repair methods for treating aortic aneurysms is estimated to lift the growth of the market. Also, hospitals are an integral part of the healthcare sector and are a major revenue source for the entire healthcare industry.

Advancement in the healthcare sector, rising prevalence of cardiovascular diseases, improving quality of hospital service, the surge in hospital admission rate are some of the key factors surging the market growth. For instance, heart attacks and strokes accounted for more than 4 out of every 5 CVD deaths. In 2019, 17.9 million people died from CVDs, accounting for 32% of all fatalities worldwide. Heart attacks and strokes were responsible for 85% of deaths. Moreover, increasing awareness and affordability owing to healthcare policies offered by government and private organizations is estimated to increase the demand for Aortic stent-graft surgeries. Which is further estimated to support the growth of the market.

North America to Grab Significant Market Share in The Aortic Stent Grafts Market

North America Aortic Stent Grafts market by hospital was valued at USD 827.4 Million in 2020. North America region is expected to maintain its dominance throughout the forecast period due to the presence of supportive and organized reimbursement policies. The region is also anticipated to hold a dominant position in the aortic stent graft market due to increasing prevalence of cardiovascular diseases and advancement in technologies in the region.

North America Aortic Stent Grafts Market Revenue (USD Million), 2015-2028

1 North America Aortic Stent Grafts Market Revenue (USD Million), 2015-2028

Global Aortic Stent Grafts Market Competitive Landscape

The aortic stent grafts market studied is highly competitive, with a considerable number of regional and global players. The primary strategies adopted by these firms include expansions, product innovations, and mergers and acquisitions.

Key Players 

  • Bentley InnoMed GmbH
  • Braile Biomédica
  • Cardinal Health, Inc.
  • Cook Medical
  • Endologix LLC
  • Artivion, Inc
  • Medtronic Plc
  • Sumitomo Bakelite Co., Ltd.
  • MicroPort Scientific Corporation
  • Terumo Corporation
  • L. Gore & Associates, Inc.

An advanced distribution network gives a competitive edge to the principal market players. Furthermore, players need to innovate continuously, to work and grow in the market, due to the quickly evolving consumer needs and choices.

Recent Developments

  • November 2021- Bentley InnoMed GmbH announced, patient enrolment in a study for the safety and performance of the company’s BeGraft peripheral stent graft system as a dedicated bridging stent for fenestrated endovascular aneurysm repair (FEVAR) procedures for complex aortic aneurysms.
  • March 2021- Cook Medical inaugurated a new manufacturing facility in Indianapolis. As a result, the factory is projected to boost the economy with a goal of 100% local minority-owned construction companies.
  • April 2021- Endologix announced the completion of the acquisition of PQ Bypass, Inc., a privately held medical technology company that is developing a first-of-its-kind device to address unmet demand for innovative therapies for severe peripheral artery disease (PAD). With acquisition of PQ Bypass, Inc., Endologix is positioned to accelerate its leadership in the treatment of vascular disease.

FAQ

What is the Global Aortic Stent Grafts Market valuation?

This market is estimated to be worth around USD 2,996.2 Mn in 2028.

Who are the leading players in this industry?

Bentley InnoMed GmbH, Braile Biomédica, Cardinal Health, Inc., Cook Medical, Endologix LLC are some of the leading players operating in the aortic stents grafts market.

Which region contributed the biggest share of the market growth?

North America contributed the biggest share of the market growth.

Which is the leading type segment in this market?

Abdominal Aortic Stent Grafts are the leading type segment in this market.

Table of Content

Chapter 1 Introduction
1.1 Market Introduction
1.2 Market Research Methodology
1.2.1 Research Process
1.2.2 Primary Research
1.2.3 Secondary Research
1.2.4 Data Collection Technique
1.2.5 Data Sources
1.3 Market Estimation Methodology
1.3.1 Limitations of the Study
1.4 Product Picture of Aortic Stent Grafts
1.5 Global Aortic Stent Grafts Market: Classification
1.6 Geographic Scope
1.7 Years Considered for the Study
1.8 Research Methodology in brief:
1.9 Company Market Share Overview
1.10 Overall Aortic Stent Grafts Market Regional Demand
1.11 Research Programs/Design
1.12 Market Breakdown and Data Triangulation Approach
1.13 Data Source
1.14 Secondary Sources
1.15 Primary Sources
1.16 Primary Interviews:

Chapter 2 Executive Summary
2.1 Business Trends
2.2 Regional Trends
2.3 Type Trends
2.4 End-User Trends

Chapter 3 Market Dynamics
3.1 Drivers
3.1.1 Rising preference for endovascular aneurysm repair is driving the market growth during the forecast period
3.1.2 Rising diseases in geriatric population is driving the market for aortic stent grafts during the forecast period
3.2 Restraints
3.2.1 High cost of treatment and lack of skilled medical professionals are restraining the market growth
3.3 Opportunities
3.3.1 Significant changes in lifestyle of people is leading to lucrative growth opportunities for the market
3.3.2 Impact forces for market dynamics
3.4 Industry Value Chain
3.4.1 Upstream analysis
3.4.2 Downstream analysis
3.4.3 Distribution Channel
3.4.3.1 Direct Channel
3.4.3.2 Indirect Channel
3.5 Potential Customers
3.6 Manufacturing Cost Analysis
3.7 Pricing Analysis by Region, (USD/ Stent)
3.8 Surgery Cost Analysis by Region
3.9 Key Technology Landscape
3.10 Regulatory Analysis
3.11 Porter’s Analysis
3.11.1 Supplier Power
3.11.2 Buyer Power
3.11.3 Substitution Threat
3.11.4 Threat from New Entry
3.11.5 Competitive Rivalry
3.12 PESTEL Analysis
3.12.1 Political Factors
3.12.2 Economic Factor
3.12.3 Social Factors
3.12.4 Technological Factor
3.12.5 Environmental Factors
3.12.6 Legal Factor
3.13 Covid-19 impact on Global economy
3.14 Covid-19 impact on Aortic Stent Grafts demand
3.15 Post Covid Impact on Aortic Stent Grafts Market Demand

Chapter 4 Global Aortic Stent Grafts Market Analysis Forecast by Type
4.1 Global Aortic Stent Grafts Segment by Type
4.1.1 Global Aortic Stent Grafts Market Revenue Share (%), by Type, 2021
4.1.2 Global Revenue (USD Million), by Type, 2015 – 2028
4.2 Global Aortic Stent Grafts Revenue (USD Million), by Type, 2015 – 2028
4.2.1 Abdominal Aortic Stent Grafts
4.2.2 Thoracic Aortic Stent Grafts

Chapter 5 Global Aortic Stent Grafts Market Analysis Forecast by Facility
5.1 Global Aortic Stent Grafts Segment by Facility
5.1.1 Global Aortic Stent Grafts Market Revenue Share (%), by Facility, 2021
5.1.2 Global Revenue (USD Million), by Facility, 2015 – 2028
5.2 Global Aortic Stent Grafts Revenue (USD Million), by Facility, 2015 – 2028
5.2.1 Hospitals
5.2.2 Others

Chapter 6 Global Aortic Stent Grafts Market by Players
6.1 Global Aortic Stent Grafts Market Revenue Share (%): Competitive Analysis, 2020
6.1.1 Global Revenue (USD Million), By Manufacturer 2020
6.1.2 Global Revenue Share (%), By Manufacturer 2020
6.1.3 Global Player Positioning, By Manufacturer 2020
6.2 Global Market: Recent Development

Chapter 7 Aortic Stent Grafts by Regions
7.1 Global Market Overview, By Region
7.1.1 Global Market Revenue, By region
7.2 Global Aortic Stent Grafts Revenue (USD Million), 2015- 2028
7.2.1 Global Market Revenue Share (%) by Region, 2020
7.3 North America
7.3.1 North America Aortic Stent Grafts Market Revenue (USD Million), 2015-2028
7.4 Asia Pacific
7.4.1 APAC Revenue (USD Million), 2015-2028
7.5 Europe
7.5.1 Europe Revenue (USD Million), 2015-2028
7.6 Latin America
7.6.1 Latin America Revenue (USD Million), 2015-2028
7.7 Middle East & Africa
7.7.1 Middle East & Africa Aortic Stent Grafts Market Revenue (USD Million), 2015-2028

Chapter 8 North America
8.1 North America Aortic Stent Grafts Market Size by Countries
8.1.1 North America Market Revenue (USD Million) by Countries (2015-2021)
8.1.2 North America Market Revenue (USD Million), by Type, 2015 – 2028
8.1.3 North America Market Revenue (USD Million), by Facility, 2015 – 2028
8.2 United States
8.2.1 U.S. Revenue (USD Million), by Type, 2015 – 2028
8.2.2 U.S. Market Revenue (USD Million), by Facility, 2015 – 2028
8.3 Canada
8.3.1 Canada Revenue (USD Million), by Type, 2015 – 2028
8.3.2 Canada Market Revenue (USD Million), by Facility, 2015 – 2028
8.4 Mexico
8.4.1 Mexico Revenue (USD Million), by Type, 2015 – 2028
8.4.2 Mexico Market Revenue (USD Million), by Facility, 2015 – 2028

Chapter 9 Europe
9.1.1 Europe Aortic Stent Grafts Market Revenue (USD Million) by Countries (2015-2021)
9.1.2 Europe Market Revenue (USD Million), by Type, 2015 – 2028
9.1.3 Europe Market Revenue (USD Million), by Facility, 2015 – 2028
9.2 Germany
9.2.1 Germany Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
9.2.2 Germany Market Revenue (USD Million), by Facility, 2015 – 2028
9.3 France
9.3.1 France Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
9.3.2 France Market Revenue (USD Million), by Facility, 2015 – 2028
9.4 UK
9.4.1 UK Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
9.4.2 UK Market Revenue (USD Million), by Facility, 2015 – 2028
9.5 Spain
9.5.1 Spain Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
9.5.2 Spain Market Revenue (USD Million), by Facility, 2015 – 2028
9.6 Russia
9.6.1 Russia Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
9.6.2 Russia Market Revenue (USD Million), by Facility, 2015 – 2028
9.7 Italy
9.7.1 Italy Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
9.7.2 Italy Market Revenue (USD Million), by Facility, 2015 – 2028
9.8 BENELUX
9.8.1 BENELUX Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
9.8.2 BENELUX Market Revenue (USD Million), by Facility, 2015 – 2028

Chapter 10 Asia Pacific
10.1.1 Asia Pacific Market Revenue (USD Million) by Countries (2015-2021)
10.1.2 Asia Pacific Market Revenue (USD Million), by Type, 2015 – 2028
10.1.3 Asia Pacific Market Revenue (USD Million), by Facility, 2015 – 2028
10.2 China
10.2.1 China Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
10.2.2 China Market Revenue (USD Million), by Facility, 2015 – 2028
10.3 Japan
10.3.1 Japan Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
10.3.2 Japan Market Revenue (USD Million), by Facility, 2015 – 2028
10.4 India
10.4.1 India Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
10.4.2 India Market Revenue (USD Million), by Facility, 2015 – 2028
10.5 South Korea
10.5.1 South Korea Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
10.5.2 South Korea Revenue (USD Million), by Facility, 2015 – 2028
10.6 Australia
10.6.1 Australia Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
10.6.2 Australia Market Revenue (USD Million), by Facility, 2015 – 2028
10.7 ASEAN
10.7.1 ASEAN Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
10.7.2 ASEAN Revenue (USD Million), by Facility, 2015 – 2028

Chapter 11 Latin America
11.1.1 Latin America Aortic Stent Grafts Market Revenue (USD Million) by Countries (2015-2021)
11.1.2 Latin America Market Revenue (USD Million), by Type, 2015 – 2028
11.1.3 Latin America Market Revenue (USD Million), by Facility, 2015 – 2028
11.2 Brazil
11.2.1 Brazil Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
11.2.2 Brazil Market Revenue (USD Million), by Facility, 2015 – 2028
11.3 Argentina
11.3.1 Argentina Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
11.3.2 Argentina Market Revenue (USD Million), by Facility, 2015 – 2028
11.4 Chile
11.4.1 Chile Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
11.4.2 Chile Market Revenue (USD Million), by Facility, 2015 – 2028

Chapter 12 Middle East and Africa
12.1.1 Middle East and Africa Aortic Stent Grafts Market Revenue (USD Million) by Countries (2015-2021)
12.1.2 Middle East and Africa Revenue (USD Million), by Type, 2015 – 2028
12.1.3 Middle East and Africa Revenue (USD Million), by Facility, 2015 – 2028
12.2 GCC
12.2.1 GCC Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
12.2.2 GCC Revenue (USD Million), by Facility, 2015 – 2028
12.3 Turkey
12.3.1 Turkey Aortic Stent Grafts Market Revenue (USD Million), by Type, 2015 – 2028
12.3.2 Turkey Revenue (USD Million), by Facility, 2015 – 2028
12.4 South Africa
12.4.1 South Africa Revenue (USD Million), by Type, 2015 – 2028
12.4.2 South Africa Revenue (USD Million), by Facility, 2015 – 2028

Chapter 13 Competitive Analysis
13.1 Bentley InnoMed GmbH
13.1.1 Business Overview
13.1.2 Bentley InnoMed GmbH Business Financials
13.1.3 Bentley InnoMed GmbH Product Category, Type, and Specification
13.1.4 Bentley InnoMed GmbH Main Business/Business Overview
13.1.5 Bentley InnoMed GmbH Recent Development
13.1.6 Swot Analysis
13.2 Braile Biomédica
13.2.1 Business Overview
13.2.2 Braile Biomédica Business Financials
13.2.3 Braile Biomédica Product Category, Type and Specification
13.2.4 Braile Biomédica Main Business/Business Overview
13.2.5 Swot Analysis
13.3 Cardinal Health
13.3.1 Business Overview
13.3.2 Cardinal Health Business Financials (USD Million)
13.3.3 Cardinal Health Product Category, Type and Specification
13.3.4 Cardinal Health Main Business/Business Overview
13.3.5 Cardinal Health Geographical Analysis
13.3.6 Swot Analysis
13.4 Cook Medical
13.4.1 Business Overview
13.4.2 Cook Medical Business Financials
13.4.3 Cook Medical Product Category, Type and Specification
13.4.4 Cook Medical Main Business/Business Overview
13.4.5 Cook Medical Recent Development
13.4.6 Swot Analysis
13.5 Endologix LLC
13.5.1 Business Overview
13.5.2 Endologix LLC Business Financials
13.5.3 Endologix LLC Product Category, Type and Specification
13.5.4 Endologix LLC Main Business/Business Overview
13.5.5 Endologix LLC Recent Development
13.5.6 Swot Analysis
13.6 Artivion, Inc
13.6.1 Business Overview
13.6.2 Artivion, Inc Business Financials (USD Million)
13.6.3 Artivion, Inc Product Category, Type and Specification
13.6.4 Artivion, Inc Main Business/Business Overview
13.6.5 Artivion, Inc Geographical Analysis
13.6.6 Artivion, Inc Recent Development
13.6.7 Swot Analysis
13.7 Medtronic Plc
13.7.1 Business Overview
13.7.2 Medtronic Plc Business Financials (USD Million)
13.7.3 Medtronic Plc Product Category, Type and Specification
13.7.4 Medtronic Plc Main Business/Business Overview
13.7.5 Medtronic Plc Geographical Analysis
13.7.6 Medtronic Plc Recent Development
13.7.7 Swot Analysis
13.8 Sumitomo Bakelite Co., Ltd.
13.8.1 Business Overview
13.8.2 Sumitomo Bakelite Co., Ltd. Business Financials (USD Million)
13.8.3 Sumitomo Bakelite Co., Ltd. Product Category, Type and Specification
13.8.4 Sumitomo Bakelite Co., Ltd. Main Business/Business Overview
13.8.5 Sumitomo Bakelite Co., Ltd. Recent Development
13.8.6 Swot Analysis
13.9 MicroPort Scientific Corporation
13.9.1 Business Overview
13.9.2 MicroPort Scientific Corporation Business Financials (USD Million)
13.9.3 MicroPort Scientific Corporation Product Category, Type and Specification
13.9.4 MicroPort Scientific Corporation Main Business/Business Overview
13.9.5 MicroPort Scientific Corporation Geographical Analysis
13.9.6 Swot Analysis
13.10 Terumo Corporation
13.10.1 Business Overview
13.10.2 Terumo Corporation Business Financials (USD Million)
13.10.3 Terumo Corporation Product Category, Type and Specification
13.10.4 Terumo Corporation Main Business/Business Overview
13.10.5 Terumo Corporation Geographical Analysis
13.10.6 Swot Analysis
13.11 W. L. Gore & Associates, Inc.
13.11.1 Business Overview
13.11.2 W. L. Gore & Associates, Inc. Business Financials
13.11.3 W. L. Gore & Associates, Inc. Product Category, Type and Specification
13.11.4 W. L. Gore & Associates, Inc. Main Business/Business Overview
13.11.5 Swot Analysis

Chapter 14 Market Research Findings & Conclusion
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