The "EVAR Stent Grafts Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The EVAR Stent Grafts market is expected to grow annually by 12.3% (CAGR 2024 - 2031).
This entire report is of 171 pages.
EVAR Stent Grafts Introduction and its Market Analysis
The EVAR stent grafts market research report provides a detailed analysis of the market conditions for this medical device used in endovascular aneurysm repair. The target market for EVAR stent grafts includes patients with aortic aneurysms and healthcare providers such as hospitals and ambulatory surgical centers. Major factors driving revenue growth in the market include increasing prevalence of aortic aneurysms, advancements in technology, and rising adoption of minimally invasive procedures. Companies operating in the EVAR stent grafts market, such as Medtronic, Terumo, Cordis, Boston Scientific, Cardinal Health, Endologix, TriVascular, and MicroPort Scientific, are focusing on product innovation and strategic partnerships to drive growth. The main findings of the report include market trends, competitive landscape, and recommendations for market players to capitalize on growth opportunities.
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The EVAR Stent Grafts market is experiencing significant growth, with a focus on Abdominal Aortic Stent Grafts and Thoracic Aortic Stent Grafts. These devices are commonly used in treating conditions such as Ruptured AAA Treatment, Traumatic Aortic Injury Treatment, and other segmentation. Regulatory and legal factors play a crucial role in this market, as stringent guidelines must be followed to ensure patient safety and product efficacy. Market conditions specific to EVAR Stent Grafts include the need for innovation and advancements in technology to improve outcomes for patients. Overall, the EVAR Stent Grafts market is a dynamic and evolving industry with potential for continued growth and development.
Top Featured Companies Dominating the Global EVAR Stent Grafts Market
The EVAR Stent Grafts Market is highly competitive with key players such as Medtronic, Terumo (Vascutek), Cordis, Boston Scientific, Cardinal Health (Cordis), Endologix, TriVascular, and MicroPort Scientific. These companies operate in the market by offering innovative stent graft products for endovascular aneurysm repair procedures.
Medtronic is a leader in the EVAR Stent Grafts Market, offering a wide range of stent graft devices for the treatment of aortic aneurysms. Terumo (Vascutek) focuses on developing advanced stent graft technologies for aortic repair procedures. Cordis, a subsidiary of Cardinal Health, also provides various stent graft solutions for endovascular interventions.
Boston Scientific is another major player in the market, offering a range of stent grafts for aortic aneurysm treatment. Endologix specializes in developing stent grafts for endovascular aneurysm repair, while TriVascular focuses on innovative solutions for aortic aneurysm treatment. MicroPort Scientific is known for its advanced stent graft technologies for endovascular procedures.
These companies help to grow the EVAR Stent Grafts Market by investing in research and development to create cutting-edge products that improve patient outcomes and expand the market reach. They also focus on strategic partnerships and acquisitions to expand their product portfolio and market presence.
In terms of sales revenue, Medtronic reported a revenue of $ billion in 2020, while Boston Scientific reported a revenue of $9.9 billion in the same year. Cardinal Health (Cordis) reported a revenue of $156.5 billion in 2020. These figures highlight the significant market share and financial strength of these companies in the EVAR Stent Grafts Market.
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EVAR Stent Grafts Market Analysis, by Type:
Abdominal Aortic Stent Grafts are specifically designed for the treatment of abdominal aortic aneurysms, while Thoracic Aortic Stent Grafts are used for thoracic aortic aneurysms. These stent grafts are minimally invasive alternatives to traditional open surgery, reducing the risk of complications and promoting faster recovery. The increasing prevalence of aortic aneurysms and the growing adoption of minimally invasive procedures are boosting the demand for EVAR stent grafts in the market. These stent grafts offer patients a safer and more efficient treatment option, which is driving their popularity in the medical community.
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EVAR Stent Grafts Market Analysis, by Application:
EVAR stent grafts are used in the treatment of ruptured abdominal aortic aneurysms (AAA) by sealing off the rupture and preventing further blood loss. They are also utilized in the treatment of traumatic aortic injuries, providing a minimally invasive alternative to open surgery. Additionally, EVAR stent grafts are used in other applications such as aortic dissections and pseudoaneurysms. The fastest growing application segment in terms of revenue for EVAR stent grafts is the treatment of AAA, as the prevalence of this condition continues to rise with aging populations and increased awareness leading to earlier detection and treatment.
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EVAR Stent Grafts Industry Growth Analysis, by Geography:
North America:
Europe:
Asia-Pacific:
Latin America:
Middle East & Africa:
The EVAR stent grafts market is expected to witness significant growth in regions such as North America (NA), Asia-Pacific (APAC), Europe, USA, and China due to a rising prevalence of aortic aneurysms and increasing adoption of minimally invasive procedures. North America is expected to dominate the market with a market share of about 40%, followed by Europe at 25% market share. The Asia-Pacific region is projected to show the fastest market growth, with China expected to account for a significant portion of the market share. In total, the global EVAR stent grafts market is anticipated to reach a valuation of around $ billion by 2026.
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