Surgical Stent For Abdominal Aortic Aneurysm Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 7.2% from 2024 to 2030.
The global surgical stent market for abdominal aortic aneurysm (AAA) was valued at approximately USD 2.1 billion in 2022. This market is projected to grow at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. The increasing prevalence of AAA, combined with advancements in stent technology and a rising geriatric population, is driving market growth. Furthermore, the expansion of healthcare infrastructure and rising awareness about AAA treatments contribute to this positive market trajectory. The North American region holds a significant share of the market, owing to advanced healthcare facilities and high adoption rates of minimally invasive procedures. However, the market is also witnessing significant growth in emerging regions, such as Asia-Pacific, where increasing healthcare investments and rising incidences of AAA are creating new opportunities.
Opportunity analysis reveals that there is substantial potential for growth in developing countries due to the improving healthcare infrastructure and increased access to advanced medical treatments. The market is also experiencing innovation with the development of next-generation stents offering enhanced durability and improved patient outcomes. This technological advancement is expected to provide a competitive edge and drive market expansion further. Additionally, rising government and private sector investments in medical research and healthcare services are expected to stimulate market growth and open new avenues for market players in the coming years.
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Endologix
Cook Medical Inc
W.L. Gore & Associates
Medtronic
Cardinal Health
Merck
Terumo Corporation
C.R. Bard
Xianjian Technology (Shenzhen) Co.
Ltd
Beijing Huamai Tyco Medical Device Co.
Ltd
Shanghai MicroPort Heartpulse Medical Technology (Group) Co.
Ltd
Beijing Yuhengjia Technology Co.
Ltd
Beijing Zhuozhenglian Medical Technology Co.
Ltd
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 Global Surgical Stent For Abdominal Aortic Aneurysm Market
Hospital
Clinic
Based on Types the Market is categorized into Below types that held the largest Surgical Stent For Abdominal Aortic Aneurysm market share In 2023.
Nitinol Alloy
Cobalt-chromium Alloy
Global (United States, Global 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 Global Surgical Stent For Abdominal Aortic Aneurysm 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. Global Surgical Stent For Abdominal Aortic Aneurysm Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Surgical Stent For Abdominal Aortic Aneurysm Market, By Type
6. Global Surgical Stent For Abdominal Aortic Aneurysm Market, By Application
7. Global Surgical Stent For Abdominal Aortic Aneurysm Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Surgical Stent For Abdominal Aortic Aneurysm Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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