The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.

Portland, OR -- (SBWire) -- 08/25/2017 --Stent grafts are tubular-shaped devices with metallic frame used during endovascular aneurysm repair (EVAR) procedures. It is a minimally invasive procedure, during which the grafts are implanted in the patients to support the damaged area from rupturing.

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The growth of the global stent grafts market is driven by factors such as rise in hypertension, growth in geriatric population, and increase in awareness about aneurysm. In addition, rise in demand for minimally invasive procedure, technological advancements, and changes in lifestyle (consumption of junk food, tobacco, and alcohol) are expected to boost the market growth.

However, high cost of treatment, complications associated with stent grafts, and lack of awareness in developing region restrain the market growth. Favorable reimbursements and development in healthcare infrastructure in emerging economies of Asia-Pacific and LAMEA are expected to provide numerous growth opportunities for the market growth during the forecast period.

The report analyzes the global stent grafts market based on product, application, type, and geography. In terms of product, the market is divided into endovascular and synthetic stent graft system. Applications covered in the study include abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA). On the basis of type, the market is categorized into aorta-uni-iliac (AUI) and bifurcated stent grafts.

Key players operating in the market include Cook Medical Inc., Endologix, Inc., W. L. Gore & Associates, Inc., Medtronic plc, C. R. Bard, Inc., Lombard Medical, Inc., Terumo Corporation, MicroPort Scientific Corporation, Merit Medical, B. Braun Melsungen AG, and Lifetech Scientific (Shenzhen) Co. Ltd.

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Stent Grafts Market Key Segments:

By Product

- Endovascular
- Synthetic Stent Graft System

By Application

- Abdominal Aortic Aneurysm (AAA)
- Thoracic Aortic Aneurysm (TAA)

By Type

- Aorta-uni-iliac (AUI) Stent Grafts
- Bifurcated Stent Grafts