
Europe Aortic Stent Graft Market Report and Forecast 2024-2032
Description
Europe Aortic Stent Graft Market Report and Forecast 2024-2032
Europe Aortic Stent Graft Market Report and Forecast 2024-2032
Europe Aortic Stent Graft Market Outlook
The global aortic stent graft market size was valued at USD 3.1 billion in 2023, with Europe holding a significant market share. It is driven by the continuous advancements in stent graft material and design. The global market is expected to grow at a CAGR of 5.8% during the forecast period of 2024-2032, with the values likely to attain USD 5.2 billion by 2032.
Key Takeaways
- The prevalence of abdominal aortic aneurysms (AAAs) is reported to fall in a range between 4% to 7.2% in Western populations. The high prevalence rate of aortic aneurysms is likely to boost demand for minimally invasive treatment options such as aortic stent grafts in coming years.
- Positive clinical outcomes indicate stent graft systems as an effective intervention, influencing the adoption rate and fuelling the Europe aortic stent graft market demand. In April 2023, Medtronic plc revealed positive results from its 10-year post-market ENGAGE registry for its Endurant stent graft system in treating patients with abdominal aortic aneurysms.
- The market is witnessing increased screening initiatives by the government that lead to high detection and diagnosis rates of aortic aneurysms, augmenting the demand for effective medical interventions including aortic stent grafts. One such abdominal aortic aneurysm screening program is available for men aged 65 or more in England.
An aortic stent graft is primarily utilized to treat abdominal aortic aneurysms (AAAs) and thoracic aortic aneurysms (TAAs). The stent graft is a tube that consists of a fabric supported by a metal mesh. It can help to seal the artery above and below the aneurysm (a weak spot in an artery) and prevent its rupture. The continuous innovation in stent graft materials and design has improved its flexibility and durability. Such advancements also contribute significantly to the Europe aortic stent graft market growth as they enable reduced procedural complications and better patient outcomes.
In Europe, the rising geriatric population coupled with the increased prevalence of risk factors such as smoking and hypertension, is leading to a high prevalence rate of aortic aneurysms. Recent data suggests that the prevalence of abdominal aortic aneurysms (AAAs) falls in a range between 4% to 7.2% in Western populations. With the increasing patient population having such aneurysms, the demand for minimally invasive treatment options, such as aortic stent grafts is likely to rise, which is expected to positively influence the Europe aortic stent graft market share in the forecast period.
In April 2023, Medtronic plc, revealed positive results from its 10-year post-market ENGAGE registry at the 2023 Charing Cross Symposium in London. The results were shared for its Endurant stent graft system in treating patients with abdominal aortic aneurysm. The study involving about 400 patients from 49 sites in 21 countries showed 94.7% freedom from aneurysm-related mortality and 64.1% decreased sac diameter at 10 years. Such real-world data establishes positive clinical outcomes, fuelling the adoption rates of aortic stent grafts and consequently driving market demand.
One of the major Europe aortic stent graft market trends is the increased screening initiatives by the government that lead to high detection and diagnosis rates of aortic aneurysms. Such government-sponsored screening programs not only heighten public awareness surrounding aneurysms but also augment the demand for effective treatments including aortic stent grafts. In England, one such abdominal aortic aneurysm screening program is available for men aged 65 or more, as they have the highest risk of having the condition. The improved access to screening services is poised to propel market growth in the region.
Europe Aortic Stent Graft Market Segmentation
Market Breakup by Product
- Abdominal Aortic Stent Grafts
- Thoracic Aortic Stent Grafts
- Hospitals
- Ambulatory Surgical Centres
- Others
- United Kingdom
- Germany
- France
- Italy
- Others
The key features of the market report include patent analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Cook Medical, Inc.
- W.L. Gore & Associates
- MicroPort Scientific Corporation Inc.
- Medtronic Plc.
- Lombard Medical, Inc.
- Endologix, Inc.
- Terumo Corporation Inc.
- Cardinal Health Inc.
- Becton, Dickinson and Company
- CryoLife Inc.
FAQs
- What is the Europe aortic stent graft market forecast outlook for 2024-2032?
- What are the major factors aiding the Europe aortic stent graft market demand?
- What are the major Europe aortic stent graft market trends?
- What is the market segmentation based on the product?
- What are the major end users of aortic stent grafts?
- What is the market segmentation by countries?
- Who are the key players involved in the Europe aortic stent graft market?
Meta description
Europe aortic stent graft market is poised for growth, driven by the expansion of the global market, which was valued at USD 3.1 billion in 2023, and is projected to grow at a CAGR of 5.8% during the forecast period of 2024-2032.
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Table of Contents
140 Pages
- 1 Preface
- 1.1 Objectives of the Study
- 1.2 Key Assumptions
- 1.3 Report Coverage – Key Segmentation and Scope
- 1.4 Research Methodology
- 2 Executive Summary
- 3 Europe Aortic Stent Graft Market Overview
- 3.1 Europe Aortic Stent Graft Market Historical Value (2017-2023)
- 3.2 Europe Aortic Stent Graft Market Forecast Value (2024-2032)
- 4 Europe Aortic Stent Graft Market Landscape*
- 4.1 Europe Aortic Stent Graft: Developers Landscape
- 4.1.1 Analysis by Year of Establishment
- 4.1.2 Analysis by Company Size
- 4.1.3 Analysis by Region
- 4.2 Europe Aortic Stent Graft: Product Landscape
- 4.2.1 Analysis by Product
- 4.2.2 Analysis by Type
- 4.2.3 Analysis by Application
- 5 Europe Aortic Stent Graft Market Dynamics
- 5.1 Market Drivers and Constraints
- 5.2 SWOT Analysis
- 5.2.1 Strengths
- 5.2.2 Weaknesses
- 5.2.3 Opportunities
- 5.2.4 Threats
- 5.3 Porter’s Five Forces Analysis
- 5.3.1 Bargaining Power of Suppliers
- 5.3.2 Bargaining Power of Buyers
- 5.3.3 Threat of New Entrants
- 5.3.4 Threat of Substitutes
- 5.3.5 Degree of Rivalry
- 5.4 Key Demand Indicators
- 5.5 Key Price Indicators
- 5.6 Industry Events, Initiatives, and Trends
- 5.7 Value Chain Analysis
- 6 Europe Aortic Stent Graft Market Segmentation (2017-2032)
- 6.1 Europe Aortic Stent Graft Market (2017-2032) by Product
- 6.1.1 Market Overview
- 6.1.2 Abdominal Aortic Stent Grafts
- 6.1.3 Thoracic Aortic Stent Grafts
- 6.2 Europe Aortic Stent Graft Market (2017-2032) by End User
- 6.2.1 Market Overview
- 6.2.2 Hospitals
- 6.2.3 Ambulatory Surgical Centers
- 6.2.4 Others
- 6.3 Europe Aortic Stent Graft Market (2017-2032) by Countries
- 6.3.1 Market Overview
- 6.3.2 United Kingdom
- 6.3.3 Germany
- 6.3.4 France
- 6.3.5 Italy
- 6.3.6 Others
- 7 United Kingdom Aortic Stent Graft Market (2017-2032)
- 7.1 United Kingdom of Aortic Stent Graft Market (2017-2032) by Product
- 7.1.1 Market Overview
- 7.1.2 Abdominal Aortic Stent Grafts
- 7.1.3 Thoracic Aortic stent Grafts
- 7.2 United Kingdom of Aortic Stent Graft Market (2017-2032) by End User
- 7.2.1 Market Overview
- 7.2.2 Hospitals
- 7.2.3 Ambulatory Surgical Centers
- 7.2.4 Others
- 8 Germany Aortic Stent Graft Market (2017-2032)
- 8.1 Germany Aortic Stent Graft Market (2017-2032) by Product
- 8.1.1 Market Overview
- 8.1.2 Abdominal Aortic Stent Grafts
- 8.1.3 Thoracic Aortic stent Grafts
- 8.2 Germany Aortic Stent Graft Market (2017-2032) by End User
- 8.2.1 Market Overview
- 8.2.2 Hospitals
- 8.2.3 Ambulatory Surgical Centers
- 8.2.4 Others
- 9 France Aortic Stent Graft Market (2017-2032)
- 9.1 France Aortic Stent Graft Market (2017-2032) by Product
- 9.1.1 Market Overview
- 9.1.2 Abdominal Aortic Stent Grafts
- 9.1.3 Thoracic Aortic stent Grafts
- 9.2 France Aortic Stent Graft Market (2017-2032) by End User
- 9.2.1 Market Overview
- 9.2.2 Hospitals
- 9.2.3 Ambulatory Surgical Centers
- 9.2.4 Others
- 10 Italy Aortic Stent Graft Market (2017-2032)
- 10.1 Italy Aortic Stent Graft Market (2017-2032) by Product
- 10.1.1 Market Overview
- 10.1.2 Abdominal Aortic Stent Grafts
- 10.1.3 Thoracic Aortic stent Grafts
- 10.2 Italy Aortic Stent Graft Market (2017-2032) by End User
- 10.2.1 Market Overview
- 10.2.2 Hospitals
- 10.2.3 Ambulatory Surgical Centers
- 10.2.4 Others
- 11 Regulatory Framework
- 12 Patent Analysis
- 12.1 Analysis by Type of Patent
- 12.2 Analysis by Publication year
- 12.3 Analysis by Issuing Authority
- 12.4 Analysis by Patent Age
- 12.5 Analysis by CPC Analysis
- 12.6 Analysis by Patent Valuation
- 12.7 Analysis by Key Players
- 13 Funding and Investment Analysis
- 13.1 Analysis by Funding Instances
- 13.2 Analysis by Type of Funding
- 13.3 Analysis by Funding Amount
- 13.4 Analysis by Leading Players
- 13.5 Analysis by Leading Investors
- 13.6 Analysis by Geography
- 14 Partnership and Collaborations Analysis
- 14.1 Analysis by Partnership Instances
- 14.2 Analysis by Type of Partnership
- 14.3 Analysis by Leading Players
- 14.4 Analysis by Geography
- 15 Supplier Landscape
- 15.1 Market Share by Top 5 Companies
- 15.2 Cook Medical, Inc.
- 15.2.1 Financial Analysis
- 15.2.2 Product Portfolio
- 15.2.3 Demographic Reach and Achievements
- 15.2.4 Mergers and Acquisitions
- 15.2.5 Certifications
- 15.3 W.l. Gore & Associates
- 15.3.1 Financial Analysis
- 15.3.2 Product Portfolio
- 15.3.3 Demographic Reach and Achievements
- 15.3.4 Mergers and Acquisitions
- 15.3.5 Certifications
- 15.4 MicroPort Scientific Corporation Inc.
- 15.4.1 Financial Analysis
- 15.4.2 Product Portfolio
- 15.4.3 Demographic Reach and Achievements
- 15.4.4 Mergers and Acquisitions
- 15.4.5 Certifications
- 15.5 Medtronic Plc.
- 15.5.1 Financial Analysis
- 15.5.2 Product Portfolio
- 15.5.3 Demographic Reach and Achievements
- 15.5.4 Mergers and Acquisitions
- 15.5.5 Certifications
- 15.6 Lombard Medical, Inc.
- 15.6.1 Financial Analysis
- 15.6.2 Product Portfolio
- 15.6.3 Demographic Reach and Achievements
- 15.6.4 Mergers and Acquisitions
- 15.6.5 Certifications
- 15.7 Endologix, INC.
- 15.7.1 Financial Analysis
- 15.7.2 Product Portfolio
- 15.7.3 Demographic Reach and Achievements
- 15.7.4 Mergers and Acquisitions
- 15.7.5 Certifications
- 15.8 Terumo Corporation Inc.
- 15.8.1 Financial Analysis
- 15.8.2 Product Portfolio
- 15.8.3 Demographic Reach and Achievements
- 15.8.4 Mergers and Acquisitions
- 15.8.5 Certifications
- 15.9 Cardinal Health Inc.
- 15.9.1 Financial Analysis
- 15.9.2 Product Portfolio
- 15.9.3 Demographic Reach and Achievements
- 15.9.4 Mergers and Acquisitions
- 15.9.5 Certifications
- 15.10 Becton, Dickinson and Company
- 15.10.1 Financial Analysis
- 15.10.2 Product Portfolio
- 15.10.3 Demographic Reach and Achievements
- 15.10.4 Mergers and Acquisitions
- 15.10.5 Certifications
- 15.11 Cryolife Inc.
- 15.11.1 Financial Analysis
- 15.11.2 Product Portfolio
- 15.11.3 Demographic Reach and Achievements
- 15.11.4 Mergers and Acquisitions
- 15.11.5 Certifications
- 16 Europe Aortic Stent Graft – Distribution Model (Additional Insight)
- 16.1 Overview
- 16.2 Potential Distributors
- 16.3 Key Parameters for Distribution Partner Assessment
- 17 Key Opinion Leaders (KOL) Insights (Additional Insight)
- 18 Company Competitiveness Analysis (Additional Insight)
- 18.1 Very Small Companies
- 18.2 Small Companies
- 18.3 Mid-Sized Companies
- 18.4 Large Companies
- 18.5 Very Large Companies
- 19 Payment Methods (Additional Insight)
- 19.1 Government Funded
- 19.2 Private Insurance
- 19.3 Out-of-Pocket
- *Additional insights provided are customisable as per client requirements.
- * The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
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