Endovascular Stent Grafts Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Endovascular stent grafts are tubular-shaped metallic-framed devices used in endovascular aneurysm repair (EVAR) treatments. Endovascular aneurysm repair (EVAR) is a primary treatment option for aortic aneurysm owing to its advantages over open surgery. Shorter hospital stays, faster recovery times, better patient outcomes, and no abdominal surgery are just a few of the benefits. As a result, the EVAR technique is now considered a routine intervention for abdominal aortic aneurysms (AAA). The endovascular stent grafting is a kind of minimally invasive procedure in which the grafts are implanted for preventing damaged area from rupturing.

MARKET SCOPE

The "Global Endovascular Stent Grafts Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the endovascular stent grafts market with detailed market segmentation by product and end user. The report provides key statistics on the market status of the leading endovascular stent grafts market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on product the market is segmented as, Abdominal Aortic Aneurysm (AAA), Thoracic Aortic Aneurysm (TAA), Thoracoabdominal Aortic Aneurysm (TAAA).
  
•   Based on end user the market is segmented as, hospitals, ambulatory surgical centers and others.
  

MARKET DYNAMICS

Drivers:

•   Increasing prevalence of cardiovascular disorders, growing geriatric population across the globe.
  
•   High prevalence of endovascular aneurysm.
  
•   Technological advancement along with growing demand for minimally invasive procedures are expected to create growth opportunities for the market.
  
•   Changes in lifestyles is also expected to spur the market growth.
  

Restraints:

•   Whereas, high cost of the treatment and complications associate post treatment are likely to impede market growth.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The endovascular stent grafts market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the endovascular stent grafts market in these regions.

IMPACT OF COVID-19 ON ENDOVASCULAR STENT GRAFTS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the endovascular stent grafts market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from endovascular stent grafts market are anticipated to lucrative growth opportunities in the future with the rising demand for endovascular stent grafts in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the endovascular stent grafts market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Terumo Corporation
  
•   Lombard Medical
  
•   Johnson and Johnson Services, Inc
  
•   Cardinal Health
  
•   Cook
  
•   Boston Scientific Corporation
  
•   BD
  
•   Medtronic
  
•   MicroPort Scientific Corporation
  
•   Merit Medical Systems
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Endovascular Stent Grafts Report Scope