Growing Demand for Minimally Invasive Procedures Boosts Aortic Stent Grafts Market

Publisher: The Insight Partners

Aortic Stents Grafts Market: Key Insights

The market is expected to experience significant growth in the coming years due to the increasing prevalence of aortic aneurysms. Aortic aneurysms are caused by a weak spot in the wall of the aorta, which can cause the vessel to bulge or balloon out. As the aging population increases, the incidence of aortic aneurysms also increases, leading to a higher demand for aortic stent grafts. According to the National Library of Medicine, thoracic aortic aneurysms (TAA) may grow asymptomatically until they rupture, with a mortality over 90%. The prevalence of abdominal aortic aneurysm (AAA) is 4 to 8 percent in screening studies, affecting predominantly males

Advances in stent technology are also a major factor driving the growth of the Aortic Stents Grafts market. Newer stents are designed that are durable in nature and have better deliverability, which is increasing the adoption of these products. Additionally, the increasing adoption of minimally invasive surgical procedures is also driving the growth of the aortic stent grafts market. Minimally invasive procedures are less invasive and have a shorter recovery time, which is driving the adoption of these procedures.

However, the high cost of aortic stent grafts, the lack of trained professionals in the field, and the risk of complications associated with the use of aortic stent grafts may hinder the market growth. Despite these challenges, the market is expected to grow due to the increasing need for aortic aneurysm treatment and the advancements in stent technology.

Rising Prevalence of Aortic Aneurysm to Drive Aortic Stents Grafts Market

The rising prevalence of aortic the aneurysm is playing a significant role in driving the growth of the aortic stent grafts market. Aortic aneurysms are a ballooning of the aorta, the main blood vessel that carries blood from the heart to other body part, which can be life-threatening if left untreated. Firstly, the increasing number of people diagnosed with aortic aneurysms is driving the demand for aortic stent grafts. Aortic aneurysms are more common in older adults, and as the population become older, the incidence of aortic aneurysms is also expected to increase. This is leading to a higher demand for aortic stent grafts as a treatment option for aortic aneurysms.

Secondly, the increasing awareness about aortic aneurysms and their potential complications is also driving market growth. With the growing awareness about aortic aneurysms, people are becoming aware of the importance of early diagnosis and treatment, which is increasing the demand for aortic stent grafts.

Aortic Stents Grafts Market: Segmental Overview

The global aortic stents grafts market is segmented based on product and end user. Based on product, the aortic stents grafts market is segmented into abdominal aortic stent graft and thoracic aortic stent graft. Based on end user, the aortic stents grafts market is segmented into hospitals and ambulatory surgical centers.

Based on end user, the hospitals segment held the substantial share of the global aortic stents grafts market. Firstly, hospitals are the primary healthcare providers for patients suffering from aortic aneurysms. They offer various diagnostic and treatment services for aortic aneurysms, including aortic stent grafts. As a result, the increasing number of patients seeking treatment for aortic aneurysms is driving the demand for aortic stent grafts in hospitals.

Secondly, hospitals have the necessary infrastructure and trained professionals to perform aortic stent grafts procedures, driving the growth of the hospitals segment. Hospitals also have access to the latest technologies and equipment, which are necessary to successfully complete aortic stent graft procedures. Hospitals also offer post-procedure care, which is important for the recovery of patients.

Aortic Stents Grafts Market: Competitive Landscape and Key Developments

Cook Medical, Inc, W.L. Gore & Associates, Medtronic Plc, Lombard Medical, Inc, Endologix, Inc, Terumo Corporation Inc, Cardinal Health Inc, Becton Dickinson and Company, and Cryolife Inc are among the key players operating in the aortic stents grafts market. These companies have a widespread presence worldwide, which provides lucrative opportunities to serve many customers and expand the market.  Some of the recent developments associated with the concerned market are provided below:

• In June 2017, the Branched Aortic Stent-Graft System received the registration certificate for medical devices. It is the first approved branched aortic stent graft in the world. The same successfully concluded 863 projects and achieved the commercialization and product launch.

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