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What Future CAGR is Anticipated for the Endovascular Stent Grafts Market Over the 2025–2034 Period?

The market size for endovascular stent grafts has seen an exponential increase in past years. It’s anticipated to escalate from $1.05 billion in 2024 to $1.45 billion in 2025, reporting a compound annual growth rate (CAGR) of 37.8%. This growth during the past period is chiefly due to an increase in the prevalence of aortic aneurysms, an aging population, elevated healthcare expenses in developed areas, an upswing in the count of ambulatory surgical centers, and a surge in chronic disease occurrences.

The market size for endovascular stent grafts is forecasted to witness a rapid increase in the upcoming years, rising to a value of $5.19 billion in 2029 with a compound annual growth rate (CAGR) of 37.6%. Several factors contribute to this projected growth, including the persistent shift towards less invasive procedures, a rise in vascular illnesses like atherosclerosis and pulmonary embolism, favorable reimbursement policies, a greater number of hospitals, and an increase in diabetes even in younger demographics. Key market trends expected during the forecast period involve the incorporation of artificial intelligence, the innovation of advanced imaging technologies, the creation of patient-specific or customizable stent grafts, the development of the next gen tissue-engineered vascular grafts, and technological advancements.

What Are the Primary Drivers Supporting the Growth of the Endovascular Stent Grafts Market?

The surge in cardiovascular disease cases is anticipated to fuel the expansion of the endovascular stent graft market. Cardiovascular disease, or CVD, encompasses a variety of conditions affecting the heart or blood vessels. This spike in cardiovascular diseases is the result of a blend of factors including lifestyle choices, medical conditions, genetic factors, and environmental aspects. For treating such diseases, endovascular stent grafts are an important alternative, marking a crucial emphasis on reducing invasiveness and enhancing patient results. These stent grafts reinforce the fragile blood vessel wall, hence preventing it from bursting and lowering the possibility of critical complications. For instance, data from the Australian Institute of Health and Welfare, a government agency in Australia, from December 2023, showed that doctor-verified deaths from coronary heart disease (CHD) rose from 14,100 in 2021 to 14,900 in 2022. Consequently, the rise in cardiovascular diseases is propelling the endovascular stent graft market.

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Who Are the Influential Players Fueling Innovation and Growth in the Endovascular Stent Grafts Market?

Major companies operating in the endovascular stent grafts market are:

• Cardinal Health Inc.

• Abbott Laboratories

• Medtronic PLC

• Stryker Corporation

• Becton

What Impact Are Industry Trends Having on the Endovascular Stent Grafts Market’s Future Prospects?

Prominent industry players in the endovascular stent grafts market are concentrating their efforts on the production of innovative goods, including the thoracic aortic stent-graft. The primary aim is to augment the accuracy and effectiveness of thoracic aortic aneurysms and dissections treatment, enhance patient prognoses, and overcome intricate anatomical difficulties through advanced technology and design enhancements. A thoracic aortic stent graft is a unique medical instrument utilized in endovascular surgery to treat diseases and conditions impacting the thoracic aorta. This segment of the aorta, situated within the chest, offers a unique blend of safety, efficiency, and convenience for dealing with thoracic aortic ailments. As an example, in February 2024, Endovastec, a medical device enterprise based in China, launched the Multi-Branch Thoracic Aortic Stent-Graft System (Hector) and executed its inaugural clinical application in Switzerland. The Hector system marks a substantial progression in endovascular stent graft technology. It’s multi-branch structure allows for the treatment of intricate thoracic aortic conditions, preserving and accommodating essential aorta branches, including the arteries that cater to indispensable organs.

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How Are the Key Segments of the Endovascular Stent Grafts Market Impacting Its Expansion and Revenue Streams?

The endovascular stent grafts market covered in this report is segmented –

1) By Product: Hemodialysis Access Grafts, Endovascular Stent Grafts, Coronary Artery By-Pass Grafts, Vascular Grafts for Aorta Disease, Peripheral Vascular Grafts

2) By Raw Material: Synthetic Vascular Grafts, Biological Vascular Grafts, Hybrid Vascular Grafts

3) By Application: Cardiac Aneurysm, Kidney Failure, Vascular Occlusion, Coronary Artery Disease

Subsegments:

1) By Hemodialysis Access Grafts: Arteriovenous (AV) Fistula Grafts, Synthetic Hemodialysis Access Grafts, Bioengineered Hemodialysis Access Grafts, Coated Hemodialysis Grafts, Endovascular Hemodialysis Grafts

2) By Endovascular Stent Grafts: Aneurysm Stent Grafts, Stent Grafts For Aortic Dissection, Thoracic Endovascular Stent Grafts, Abdominal Endovascular Stent Grafts, Biliary Endovascular Stent Grafts

3) By Coronary Artery By-Pass Grafts: Saphenous Vein Grafts (SVG), Arterial Coronary Bypass Grafts, Endovascular Coronary Artery Bypass Grafts (CABG), Synthetic Coronary Bypass Grafts

4) By Vascular Grafts For Aorta Disease: Endovascular Aortic Stent Grafts, Aortic Aneurysm Grafts, Aortic Bypass Grafts, Thoracoabdominal Aortic Stent Grafts, Aortic Dissection Stent Grafts

5) By Peripheral Vascular Grafts: Carotid Artery Stent Grafts, Femoral Artery Stent Grafts, Popliteal Artery Stent Grafts, Iliac Artery Stent Grafts, Peripheral Endovascular Stent Grafts

What Regions Are Leading the Growth Trajectory of the Endovascular Stent Grafts Market?

North America was the largest region in the endovascular stent grafts market in 2024. The regions covered in the endovascular stent grafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Do Experts Define the Scope of the Endovascular Stent Grafts Market?

Endovascular stent grafts are medical devices used to treat conditions involving blood vessels, such as aneurysms or stenosis. They consist of a metal stent (a small mesh tube) covered with a fabric graft. The stent graft is inserted into the affected blood vessel through a catheter, typically into a large artery in the groin or arm. Endovascular stent grafts often repair aneurysms (dilated areas of blood vessels) or other vessel damage, offering a less invasive alternative to traditional surgery.

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