Aortic Stent Graft Market Analysis- Size, Share, Growth, Industry Demand, Forecast, Application Analysis To 2017

Published On:August 8, 2017, 5:34 pm

Aortic Stent GraftsAn Aortic Stent Graft is a device that is used for supporting a weak place in an artery referred as an aneurysm. An aortic aneurysm is enlargement of the artery about bigger than one and half times of its normal size. They generally cause no symptoms until it gets ruptured. Rarely, there might be leg, back, or abdominal pain. Aneurysms induce weakness in the wall of the artery and amplify the threat of rupture. When an aortic aneurysm ruptures, it results in immense internal bleeding and, if not treated without delay, shock or even death can occur.

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Aortic rupture is an operative emergency and has a high death rate even with quick treatment. A stent graft is a manufactured tube like shape, made of a metal mesh. The graft is employed to seal the channel below and above an aneurysm. Over the period, elevated blood pressure can come about as harmful to the weak area, inducing it to swell and ultimately rupture can occur. Thoracic Aortic Aneurysm (TAA) and Abdominal Aortic Aneurysms (AAAs) are the foremost cases that are prone to the Aortic Stent Graft implantation. Comparatively, abdominal aortic aneurysms are common in men.

The global aortic stent grafts market is expected to grow prominently over the forecast period of 2017 to 2022 with significant compound annual growth rate. Abdominal Aortic Aneurysms prevalence is rising with the geriatric population. People suffering from indications are at elevated risk of Aortic ruptures with increasing age. The stent Grafts manufacturers are continuously focusing on the technologies as wide research and the clinical trial has carried out and a variety of innovations might be emerging soon. Since Endovascular grafting is a modestly encroaching procedure. Thus, more patients wish to choose for least invasive method over open surgical procedure. Increasing number of people suffering diabetes and obesity around the world is fueling the need for endovascular surgeries. All these factors are driving the global aortic stent grafts market over the forecast years. However, the high price of aortic stent grafts and procedures cost, as well as inclination towards alternative practice i.e. balloon angioplasty, may restrain the growth of the global market.

The key market players in the global aortic stent grafts market are W. L. Gore & Associates, Inc., Medtronic, Lombard Medical Technologies Limited, Endologix, Inc., Cook Medical, Johnson & Johnson, Cordis Corporation, Vascutek Ltd and Gore Medical. According to product types, the market industry is split into; primarily split into; Endovascular Aneurysm Repair (EVAR), Abdominal Aortic Aneurysm Repair and Other. By application, the global market is classified as; Hospitals, Clinics, and Ambulatory Surgical Centers. Geographically, the global aortic stent grafts market is segmented into regions which are; Asia-Pacific, Southeast Asia, Africa, North America, Europe, and rest of the world.

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