Research Nester published a report titled “Thoracic Vascular Stent Grafts Market: Global Demand Analysis & Opportunity Outlook 2036” which delivers detailed overview of the global thoracic vascular stent grafts market in terms of market segmentation by type, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
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The global thoracic vascular stent grafts market is anticipated to grow with a CAGR of ~5% over the forecast period, i.e., 2024 - 2036. The market is segmented by end-user into hospitals, ambulatory surgical centers, medical centers, and others. Amongst these, the hospitals segment is projected to grow at a higher rate over the forecast period backed by the increasing number of patients who prefer to visit hospitals for diagnosis, accessibility of medical settlement, escalating occurrence of cardiovascular disorders, and growing healthcare spending across the globe.
The global thoracic vascular stent grafts market is projected to significantly grow owing to the increasing aging population, followed by the escalating prevalence of hypertension which results in various chronic and heart diseases. Furthermore, upsurge in tobacco usage and junk food intake are some of the major factors anticipated to drive the growth of the market in the coming years.
Regionally, the global thoracic vascular stent grafts market is segmented into five major regions comprising of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the North America region is estimated to witness significant growth over the forecast period owing to the technological advancement, massive increase in geriatric population, and growing escalation in cardiovascular diseases (CVDs) in the region.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Escalation in Geriatric Population to Drive the Market Growth
According to the World Health Organization (WHO), there were approximately 1 billion people aged 60 and up in 2019. This number is predicted to increase by nearly 1.4 billion by 2030, and by 2.1 billion by 2050.
An individual’s age and lifestyle habits raise the risk of developing certain medical conditions. Early adulthood is the beginning of a gradual, ongoing process of natural change called ageing. Chronic diseases such as cardiovascular diseases (CVDs), dementia, heart disease, type 2 diabetes, arthritis, and cancer become more common as people get older. These are the major causes of illness, disability, and death. Alzheimer's disease and other dementias become more common in older people, and these conditions are most prevalent in people aged 65 and above. Therefore, the increasing occurrence of such CVDs and heart disease are fueling the demand of thoracic vascular stent grafts to save lives and increase the survival rate in aged people.
However, problems linked with thoracic vascular stent grafts, extreme amount of thoracic stent grafts treatments, and increasing adoption of balloon angioplasty are expected to operate as key restraint to the growth of the global thoracic vascular stent grafts market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global thoracic vascular stent grafts market which includes company profiling of Lombard Medical Ltd, Lifetech Scientific (Shenzhen) Co., Ltd., Braile Biomédica, JOTEC GmbH, Cook Group Incorporated, Terumo Corporation, Cardinal Health, Inc., LeMaitre Vascular, Inc., Merit Medical Systems, Inc., Medtronic, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global thoracic vascular stent grafts market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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https://www.researchnester.com/reports/thoracic-vascular-stent-grafts-market/4304
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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