North America Abdominal Stent Graft Market was valued at USD 300 Million in 2022 and is projected to reach USD 520 Million by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The abdominal stent graft market in North America is experiencing significant growth, driven by the increasing prevalence of abdominal aortic aneurysms (AAA) and advancements in minimally invasive surgical techniques. Abdominal stent grafts are crucial medical devices used in endovascular aneurysm repair (EVAR) to reinforce weakened sections of the aorta, preventing rupture and ensuring proper blood flow.
Key applications of abdominal stent grafts include:
Abdominal Aortic Aneurysm (AAA) Repair: Providing a less invasive alternative to open surgery for AAA patients.
Thoracoabdominal Aneurysm Treatment: Extending the use of stent grafts to complex aneurysms involving both thoracic and abdominal aorta.
Traumatic Aortic Injury Management: Addressing tears or ruptures in the aorta resulting from trauma.
Aortic Dissection Repair: Treating dissections or tears in the inner wall of the aorta.
Industry requirements for abdominal stent grafts are evolving to meet the demands of both healthcare providers and patients. These requirements include:
Advanced Imaging Compatibility: Integration with cutting-edge imaging technologies for precise placement and monitoring.
Customization and Flexibility: Designs that accommodate diverse patient anatomies and complex vascular conditions.
Durability and Biocompatibility: Use of materials that ensure long-term performance and reduce the risk of complications.
Minimally Invasive Delivery Systems: Development of delivery mechanisms that facilitate easier navigation through the vascular system, reducing procedure times and improving patient recovery.
In my experience as a healthcare professional, the adoption of advanced stent graft systems has markedly improved patient outcomes. The shift towards minimally invasive procedures has not only reduced recovery times but also minimized the risks associated with traditional open surgeries. Collaborating with industry leaders, I've observed a strong emphasis on research and development to address the unique anatomical and clinical needs of patients, leading to innovations such as the TREO® Stent-Graft System. This system offers both suprarenal and infrarenal fixation, providing enhanced stability and adaptability for various patient anatomies.
As the North American market continues to evolve, ongoing collaboration between medical professionals and industry stakeholders is essential to drive innovation and meet the growing demand for effective abdominal stent graft solutions.
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Medtronic
Terumo
JOTEC GmbH
Endologix
Gore
Lombard Medical
Cardinal Health
MAQUET Holding
MicroPort
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Abdominal Stent Graft Market
Hospital
Clinic
Others
Based on Types the Market is categorized into Below types that held the largest Abdominal Stent Graft market share In 2023.
Integrated
Split
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Abdominal Stent Graft Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Abdominal Stent Graft Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Abdominal Stent Graft Market, By Type
6. North America Abdominal Stent Graft Market, By Application
7. North America Abdominal Stent Graft Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Abdominal Stent Graft Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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