Newly-released Branched Stent Graft Market industry analysis report by Future Market Insights shows that global sales of the Branched Stent Graft Market in 2021 were held at USD 335.8 Million. With a CAGR of 8.5% from 2022 to 2032, the market is projected to reach a valuation of USD 814 Million by 2032. The market is projected to witness the largest revenue through the ChiMillioney application which is expected to grow at a CAGR of 9.3% from 2022 to 2032.
| Attribute | Details |
|---|---|
| Global Branched Stent Graft Market (2022) | USD 361 Million |
| Global Branched Stent Graft Market (2032) | USD 814 Million |
| Global Branched Stent Graft Market CAGR (2022 to 2032) | 8.5% |
| USA Branched Stent Graft Market (2022) | 7.6% |
| Key Companies Profiled | Medtronic; Biotronik; Alvimedica; Endocor GmbH; Eucatech AG; Merit Medical Systems; Abbott; Cook Medical; Cardinal Health; Boston Scientific Corp.; Terumo Corp. |
As per the Branched Stent Graft Market industry research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value increased at around 7.1% CAGR, wherein, countries such as the USA, UK, China, Japan, and South Korea held a significant share in the global market.
The global branched stent grafts are used in a variety of EVAR (endovascular aneurysm repair) operations. Because of lower rates of morbidity and mortality, EVAR for significant aortic diseases such as aneurysms, traumatic ruptures, and dissections has acquired universal surgeon and patient acceptability. Over the forecast period, this trend is expected to fuel the demand in the global branching stent grafts market. The global branching stent grafts market is also growing due to rising cases of cardiovascular illnesses and the wider acceptance of stenting operations.
The placement of a stent graft within the human vasculature is a minimally invasive surgery used to treat aortic aneurysms and dissections. After a pigtail catheter and guide wires are inserted, a shaft catheter with a foldable stent or stent graft is used to cover the lesion.
The physician must check that the stent graft is properly positioned inside the vascular tree before unfolding it. Misplacements of covered stent grafts might result in a partial or complete cut-off of blood flow to crucial organs. An endoleak is a serious complication that occurs when blood leaks between the stent graft and the aneurysm sac.
The prevalence of aortic aneurysms is predicted to rise as the global old population grows, contributing to market growth throughout the forecast period. Aortic aneurysms were the main cause of mortality in the USA in 2018, accounting for 9,923 deaths. Aortic aneurysms include thoracic and abdominal aortic aneurysms, as well as aneurysms in other areas of the body.
Medtronic is a medical device manufacturer that specializes in stent grafts. A recently approved stent graft apparatus allows researchers to study using endograft for fenestrated aneurysm repair for patients suffering from a type of abdominal aortic aneurysm located close to the organ those branches off to the internal organs. For patients who lack the proximity necessary for conventional endovascular aneurysm repair, a fenestrated endograft is used.
With a CAGR of more than 10% over the projection period, the market in Asia Pacific is expected to grow at the fastest pace. This expansion might be attributed to growing healthcare spending and the rapidly expanding medical tourism industry in the Asia Pacific area. Developing economies such as China, Japan, India, and Australia make up the APAC regional market. The presence of higher-quality healthcare infrastructure, convenience, and cheap treatment alternatives in these nations is also likely to drive regional market expansion.
Because of its well-established healthcare infrastructure, presence of multiple competitors, and favorable reimbursement coverage, North America is expected to hold the greatest share of the worldwide branching stent grafts market in the future years. Because of the strong presence of numerous established and well-trained industry competitors, it is expected that the global branching stent grafts market in North America will face tough rivalry in the future years.
By 2021, the USA will continue to account for the largest share of the global branching stent grafts market, however, there are worries about device availability, particularly in addressing difficult indications. The market in the country is projected to reach USD 320 Million by 2032. Numerous devices that are currently approved in other countries, such as fenestrated stent grafts, are currently being administered in medical trials in the USA, disallowing medical practitioners from using systems that have a broad scope of applications.
The market in the UK is projected to reach a valuation of USD 37 Million by 2032. Growing at a CAGR of 11.1% from 2022 to 2032, the market is expected to gross an absolute dollar opportunity of USD 24 Million.
In Japan, the market is expected to reach USD 29.2 Million by 2032. Growing at a CAGR of 9.4%, the market is projected to garner an absolute dollar opportunity of USD 17.4% during the forecast period.
The market in South Korea is projected to register USD 14.4 Million by 2032, growing at a CAGR of 10.1% from 2022 to 2032. During the forecast period, the market is expected to gross an absolute dollar opportunity of USD 8.8 Million.
Branched stent grafts are commonly used in EVAR treatments. EVAR is divided into the chimney, Fenestrated Endovascular Aortic Aneurysm Repair (FEVAR), and various sub-categories. Recent advancements in branched stent grafts have made it possible to treat a variety of aortic aneurysms, including those involving the visceral arteries.
Some of the key players in the branched stent graft market include Medtronic, Biotronik, Alvimedica, Endocor GmbH, Eucatech AG, Merit Medical Systems, Abbott, Cook Medical, Cardinal Health, Boston Scientific Corp., and Terumo Corp.
Some of the recent developments of key players in the Branched Stent Graft Market are as follows:
Similarly, recent developments related to companies offering Branched Stent Graft have been tracked by the team at Future Market Insights, which are available in the full report.
Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032
Table 2: Global Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 3: Global Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 4: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 5: North America Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 6: North America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 8: Latin America Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 9: Latin America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 10: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 11: Europe Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 12: Europe Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 13: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 14: East Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 15: East Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 16: South Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 17: South Asia Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 18: South Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 19: Oceania Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 20: Oceania Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 21: Oceania Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 22: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 23: MEA Market Value (US$ Million) Forecast by Type, 2017 to 2032
Table 24: MEA Market Value (US$ Million) Forecast by Application, 2017 to 2032
Figure 1: Global Market Value (US$ Million) by Type, 2022 to 2032
Figure 2: Global Market Value (US$ Million) by Application, 2022 to 2032
Figure 3: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 7: Global Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 8: Global Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 9: Global Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 10: Global Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 13: Global Market Attractiveness by Type, 2022 to 2032
Figure 14: Global Market Attractiveness by Application, 2022 to 2032
Figure 15: Global Market Attractiveness by Region, 2022 to 2032
Figure 16: North America Market Value (US$ Million) by Type, 2022 to 2032
Figure 17: North America Market Value (US$ Million) by Application, 2022 to 2032
Figure 18: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 22: North America Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 23: North America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 24: North America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 25: North America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 26: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 28: North America Market Attractiveness by Type, 2022 to 2032
Figure 29: North America Market Attractiveness by Application, 2022 to 2032
Figure 30: North America Market Attractiveness by Country, 2022 to 2032
Figure 31: Latin America Market Value (US$ Million) by Type, 2022 to 2032
Figure 32: Latin America Market Value (US$ Million) by Application, 2022 to 2032
Figure 33: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 37: Latin America Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 40: Latin America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 41: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 43: Latin America Market Attractiveness by Type, 2022 to 2032
Figure 44: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 45: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 46: Europe Market Value (US$ Million) by Type, 2022 to 2032
Figure 47: Europe Market Value (US$ Million) by Application, 2022 to 2032
Figure 48: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 49: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 50: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 51: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 52: Europe Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 53: Europe Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 54: Europe Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 55: Europe Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 56: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 57: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 58: Europe Market Attractiveness by Type, 2022 to 2032
Figure 59: Europe Market Attractiveness by Application, 2022 to 2032
Figure 60: Europe Market Attractiveness by Country, 2022 to 2032
Figure 61: East Asia Market Value (US$ Million) by Type, 2022 to 2032
Figure 62: East Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 63: East Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 64: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 65: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 66: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 67: East Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 68: East Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 69: East Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 70: East Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 71: East Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 72: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 73: East Asia Market Attractiveness by Type, 2022 to 2032
Figure 74: East Asia Market Attractiveness by Application, 2022 to 2032
Figure 75: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 76: South Asia Market Value (US$ Million) by Type, 2022 to 2032
Figure 77: South Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 78: South Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 79: South Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 80: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 81: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 82: South Asia Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 83: South Asia Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 84: South Asia Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 85: South Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 86: South Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 88: South Asia Market Attractiveness by Type, 2022 to 2032
Figure 89: South Asia Market Attractiveness by Application, 2022 to 2032
Figure 90: South Asia Market Attractiveness by Country, 2022 to 2032
Figure 91: Oceania Market Value (US$ Million) by Type, 2022 to 2032
Figure 92: Oceania Market Value (US$ Million) by Application, 2022 to 2032
Figure 93: Oceania Market Value (US$ Million) by Country, 2022 to 2032
Figure 94: Oceania Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 95: Oceania Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 96: Oceania Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 97: Oceania Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 98: Oceania Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 99: Oceania Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 100: Oceania Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 101: Oceania Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 102: Oceania Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 103: Oceania Market Attractiveness by Type, 2022 to 2032
Figure 104: Oceania Market Attractiveness by Application, 2022 to 2032
Figure 105: Oceania Market Attractiveness by Country, 2022 to 2032
Figure 106: MEA Market Value (US$ Million) by Type, 2022 to 2032
Figure 107: MEA Market Value (US$ Million) by Application, 2022 to 2032
Figure 108: MEA Market Value (US$ Million) by Country, 2022 to 2032
Figure 109: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 110: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 111: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 112: MEA Market Value (US$ Million) Analysis by Type, 2017 to 2032
Figure 113: MEA Market Value Share (%) and BPS Analysis by Type, 2022 to 2032
Figure 114: MEA Market Y-o-Y Growth (%) Projections by Type, 2022 to 2032
Figure 115: MEA Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 116: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 117: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 118: MEA Market Attractiveness by Type, 2022 to 2032
Figure 119: MEA Market Attractiveness by Application, 2022 to 2032
Figure 120: MEA Market Attractiveness by Country, 2022 to 2032
The global market is worth more than USD 361.3 Million at present.
The market value is projected to increase at a CAGR of around 8.5% from 2022 to 2032.
The market value increased at a CAGR of around 7.1% from 2017 to 2021.
With a projected CAGR of 8.7% during the forecast period, the Iliac Stent segment dominated the Branched Stent Graft industry.
The top 5 countries driving demand for Branched Stent Graft Market are the USA, UK, China, Japan, and South Korea.
Because of its well-established healthcare infrastructure, presence of multiple major competitors, and favorable reimbursement coverage, North America is expected to hold the greatest share of the global branching stent grafts market in the future years
The UK market for Branched Stent Grafts is projected to expand at a CAGR of around 11.1% from 2022 to 2032.
While the market in South Korea is expected to grow at nearly 10.1%, the market in Japan is projected to register a CAGR of nearly 9.4% from 2022 to 2032.
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Branched Stent Graft Market
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