According to FutureWise analysis, the aortic stent grafts market in 2023 was valued at US$2.25 billion and is expected to reach US$3.26 billion by 2031, growing at a CAGR of 4.7%. The market's growth can be attributed to several key factors, including the rising incidence of abdominal and thoracic aortic aneurysms. The increasing acceptance of minimally invasive endovascular repair procedures, such as EVAR and TEVAR, is also contributing to this trend. Moreover, advancements in technology, particularly in the development of next-generation fenestrated and branched stent grafts, are enhancing treatment options for complex anatomical cases. Additionally, the aging population is leading to higher procedural volumes worldwide, further supporting market expansion.
An aortic stent graft is a medical device used to treat an aortic aneurysm. An aortic aneurysm is a weakening and outward bulging of the aortic wall, which is the main blood vessel responsible for carrying blood from the heart to the rest of the body. This condition can be life-threatening if the aneurysm ruptures. A stent graft is a fabric tube reinforced by a metal framework, similar to a scaffold, designed to reinforce the weakened section of the aorta. It's inserted into the aorta through a minimally invasive surgical procedure, usually through an artery in the groin. The stent graft is threaded through the arteries until it reaches the aneurysm site. Once in place, it expands, sealing off the weakened area and allowing blood to flow through the graft instead of the aneurysmal sac. This procedure is called endovascular aneurysm repair (EVAR) or endovascular aortic repair (EVAR). It is considered less invasive than traditional open surgery for repairing aortic aneurysms. EVAR generally leads to shorter hospital stays, quicker recovery times, and fewer difficulties than open surgery.
Stent grafts come in different shapes and sizes to accommodate different types and locations of aortic aneurysms. They are an important tool in modern vascular surgery for treating of aortic aneurysms and can potentially save lives by deterring aneurysm rupture. However, like any medical procedure, it carries some risks and is unsuitable for all patients. The decision to use a stent graft is based on a careful evaluation by a medical team, considering factors like the size, location, and shape of the aneurysm and the patient's overall health and anatomy.
FutureWise Market Research has published a report that provides an insightful analysis aortic stents grafts market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts aortic stents grafts market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.