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How has the endovascular stent grafts market grown in recent years?

The market size for endovascular stent grafts has seen exponential growth in the recent past. It’s slated to expand from a valuation of $1.05 billion in 2024 to $1.45 billion in 2025, with a compound annual growth rate (CAGR) of 37.8%. This progression in the historical duration can be tied to the escalating instances of aortic aneurysms, surging elderly population, increased healthcare investments in developed regions, rise in the establishment of ambulatory surgical centres, and an uptick in the prevalence of chronic illness.

How is the endovascular stent grafts market size expected to evolve during the forecast period?

The market for endovascular stent grafts is projected to undergo significant growth in the coming years, soaring to $5.19 billion by 2029 with a compound annual growth rate (CAGR) of 37.6%. Factors driving this growth during the forecast period include a move towards less invasive surgical procedures, a rise in vascular illnesses like atherosclerosis and pulmonary embolism, beneficial reimbursement policies, an increase in the number of hospitals, and an increased prevalence of diabetes among young people. Key trends during this forecast period are expected to be the integration of artificial intelligence, the advancement of imaging technologies, the creation of patient-specific or customizable stent grafts, the development of next-generation tissue-engineered vascular grafts, and overall technological advancements.

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Which key drivers are propelling the endovascular stent grafts market’s growth?

The surge in cardiovascular disease prevalence is anticipated to boost the impact of endovascular stent grafts in the future. Cardiovascular disease is a broad term encompassing conditions affecting the heart and blood vessels. Lifestyle choices, medical conditions, genetic predisposition, and environmental factors contribute to the growth in cardiovascular issues. Endovascular stent grafts provide a beneficial solution aiming to decrease invasiveness and enhance patient results when dealing with cardiovascular diseases. These stent grafts strengthen the compromised vessel wall, lowering the chance of rupture and potentially dangerous complications. For example, the Australian Institute of Health and Welfare, a government agency based in Australia, released data in December 2023 showing that the count of deaths certified by doctors due to coronary heart disease moved up from 14,100 in 2021 to 14,900 in 2022. Consequently, the rise in cardiovascular diseases is fuelling the demand for endovascular stent grafts in the marketplace.

What are the market segments in the endovascular stent grafts industry?

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

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Which leading companies are shaping the growth of 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, Dickinson and Company (BD), Boston Scientific Corporation, Terumo Corporation, Getinge AB, Cook Group Incorporated, Merit Medical Systems Inc., Biotronik SE & Co KG, MicroPort Scientific Corporation, Endologix LLC, LeMaitre Vascular Inc., Lifetech Scientific Corporation, W. L. Gore & Associates inc., Braile Biomedica, BrosMed Medical BV, Micro Interventional Devices Inc. (MID), Lombard Medical Inc.

What key trends are currently impacting the endovascular stent grafts market’s development?

Key players in the endovascular stent grafts market are striving towards innovation such as the development of thoracic aortic stent-graft. This development aims to improve precision and effectiveness when treating thoracic aortic aneurysms and dissections, enhance patient results, and overcome intricate anatomical challenges through technology and design advancements. Thoracic aortic stent graft is a particular medical device utilized in endovascular surgery for treating ailments and conditions of the thoracic aorta, a section of the aorta located in the chest. This device offers a blend of safety, efficacy, and convenience for managing diseases of the thoracic aorta. For example, in February 2024, the Chinese medical device firm Endovastec launched its Multi-Branch Thoracic Aortic Stent-Graft System (Hector) and successfully carried out its maiden clinical application in Switzerland. The Hector system marks a significant stride in endovascular stent graft tech. This multi-branch design enables treatment of intricate thoracic aortic conditions by accommodating and preserving crucial branches of the aorta, like arteries that supply essential organs.

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Which geographic areas are influencing the growth 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.

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