News-Global Stent Grafts Market Market Overview 2022
Global Stent Grafts Market Size was estimated at USD 1757.16 million in 2021 and is projected to reach USD 2171.52 million by 2028, exhibiting a CAGR of 3.26% during the forecast period– Bossonresearch.com
Stent grafts are used in transcatheter endovascular aortic repair (EVAR) procedures to seal aortic aneurysms. The grafts usually consist of a self-expanding stent frame that is covered with material to seal the vessel walls and prevent blood leaks feeding the aneurysm.
According to Bosson Research, The global market for Stent Grafts is expected to reach an estimated $1.7 billion in 2020 and is projected to increase at a CAGR (2020-2028) of 3.2%. The market includes stent grafts for open and transcatheter repair of abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA).
The impact of COVID-19
The impact of COVID-19 on the Stent Grafts market, including a recent forecast from 2020 to 2024. COVID-19 has also impacted leading competitors in the market, such as Cook Medical, Medtronic, W.L. Gore, and others. The report provides insights into trends, drivers, and limiters of the Stent Grafts market, as well as highlights potential opportunities.
Due to the critical, life-saving nature of aortic stent graft surgery, procedure volumes were largely unaffected by the COVID-19 pandemic.
Every year more than 200,000 people in the US are diagnosed with abdominal aortic aneurysm (AAA). According to the CDC, aortic aneurysms were responsible for 9,923 deaths in 2018. Thoracic aortic aneurysms affect close to 15,000 people in the United States.
Figure Global Stent Grafts Market Size
Source: Bossonresearch.com, 2022
Global Stent Grafts Market: Competitive Landscape
The Stent Grafts market is dominated by Medtronic, and Cook Medical, Gore. Together the three companies account for more than 70% of global sales attributable to Stent Grafts.
Key players in the Stent Graftsics Market include:
Medtronic
Cook Medical
Gore
Endologix
Bard
Terumo
Jotec
Merit Medical
LifeTech Scientific
MicroPort
Lombard Medical
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