India Branched Stent Grafts Market Size & Outlook
India branched stent grafts market, 2021-2028 (US$M)
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India branched stent grafts market highlights
- The India branched stent grafts market generated a revenue of USD 18.4 million in 2021 and is expected to reach USD 33.8 million by 2028.
- The India market is expected to grow at a CAGR of 9.1% from 2022 to 2028.
- In terms of segment, iliac stent was the largest revenue generating type in 2021.
- Iliac Stent is the most lucrative type segment registering the fastest growth during the forecast period.
Branched stent grafts market data book summary
| Market revenue in 2021 | USD 18.4 million |
| Market revenue in 2028 | USD 33.8 million |
| Growth rate | 9.1% (CAGR from 2021 to 2028) |
| Largest segment | Iliac stent |
| Fastest growing segment | Iliac Stent |
| Historical data | 2021 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iliac Stent |
| Key market players worldwide | Medtronic PLC, BIOTRONIK, Merit Medical Systems Inc, Abbott Laboratories, Cook Medical, Cardinal Health Inc, Boston Scientific Corp, Terumo Corp |
Other key industry trends
- In terms of revenue, India accounted for 6.6% of the global branched stent grafts market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, India branched stent grafts market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 9.2 million by 2028.
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Branched Stent Grafts Market Scope
Branched Stent Grafts Market Companies
| Name | Profile | # Employees | HQ | Website |
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India branched stent grafts market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to branched stent grafts market will help companies and investors design strategic landscapes.
Iliac stent was the largest segment with a revenue share of 38.04% in 2021. Horizon Databook has segmented the India branched stent grafts market based on iliac stent covering the revenue growth of each sub-segment from 2021 to 2028.
The India branched stent graft market is likely to exhibit a CAGR of 10.9% during the forecast period. The country is witnessing unprecedented demographic changes. Growing life expectancy and declining fertility have resulted in significant increase in the geriatric population.
Currently, thoracic physicians use imported stent grafts for endovascular aortic repair in the country. The cost of the imported stent graft, along with its delivery system, is INR 0.35 million at least. The union government’s verdict to slash prices of stent offers great opportunities to companies with superior products to gain market share.
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Horizon Databook provides a detailed overview of country-level data and insights on the India branched stent grafts market , including forecasts for subscribers. This country databook contains high-level insights into India branched stent grafts market from 2021 to 2028, including revenue numbers, major trends, and company profiles.
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India branched stent grafts market size, by type, 2021-2028 (US$M)
India Branched Stent Grafts Market Outlook Share, 2021 & 2028 (US$M)
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