11-Nov-2024 | Zion Market Research
As per the findings of Zion Market Research study, Branched Stent Grafts Market, estimating its value at USD 596.96 Million in 2023, with projections indicating that it will reach USD 1941.29 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 14% over the forecast period 2024-2032 Apparently, growth of branched stent grafts market over assessment period is subject to surge in endovascular aneurysm repair methods along with technological breakthroughs. In addition to this, rise in cases of heart ailments coupled with wide acceptance of stents are set to create new growth avenues for branched stent grafts industry. Increase in need of minimally invasive surgeries is set to expand scope of branched stent grafts market. Surge in aging populace prone to suffer from digestive & stomach disorders will provide impetus to growth of branched stent grafts industry in upcoming years. Rise in use of branched stent grafts in treating aortic aneurysms will promulgate growth of branched stent grafts market. Nevertheless, reduction in sales and deferring elective surgeries caused as a result of pandemic can put brakes on expansion of branched stent grafts industry.
IIiac Stents Segment To Account For Major Share Of Branched Stent Grafts Market By 2028
Growth of IIiac stents segment over forecast period can be credited to rise in cases of cardiovascular disorders across the globe. In addition to this, technological breakthroughs in medical domain and wide acceptance of stenting methods in healthcare sector are predicted to help breached stent grafts market explore new domains of growth along with spurring growth of IIiac stents segment over forthcoming years.
Asia Pacific Market To Register Fastest Growth Over Forecast Timeframe
Branched stent grafts market in Asia Pacific zone is set to register CAGR of over 9.1% over assessment period. Regional market growth over forecast timespan can be credited to increase in healthcare expenditure along with swiftly expanding medical tourism activities in region. In addition to this, availability of robust healthcare infrastructure facility and affordable medical treatment alternatives in countries such as Australia, China, India, and Japan is projected to contribute remarkably towards regional market size.
Key players influencing growth of branched stent grafts industry and profiled in study include Abbot Laboratories, Merit Medical Systems, Inc., Medtronic Corporation, Boston Scientific Corporation, Eucatech AG, Biotronik, Cardinal Health, Inc., Endocor GmbH, Alvimedica, Cook Medical, and Terumo Corporation.
Browse the full “Branched Stent Grafts Market - By Type (Iliac Stent), By Application (EVAR), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/branched-stent-grafts-market
The global Branched Stent Grafts market is segmented as follows:
By Type
By Application
By Region
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