According to FutureWise analysis, the market for Abdominal Aortic Stent Graft is expected to grow at a CAGR of 4.22% over the forecast period of 2023-2031.
An abdominal aortic stent graft is a medical device used in the treatment of abdominal aortic aneurysms (AAA). It is a less invasive alternative to traditional open surgery for repairing weakened or bulging sections of the abdominal aorta, the main blood vessel that supplies blood to the lower part of the body. The abdominal aortic stent graft comprises a fabric tube (graft) supported by a metal framework (stent). It is designed to be inserted into the aorta through small incisions in the groin area, guided to the site of the aneurysm using imaging process such as ultrasound or X-ray, and deployed to create a new pathway for blood flow.
The growing awareness and screening programs for AAA contribute to the increased demand for abdominal aortic stent grafts. As more individuals are diagnosed with AAAs, there is a greater need for effective treatment options. Abdominal aortic stent grafts provide a clinically proven and less invasive treatment modality, aligning with the goal of early detection and timely intervention for AAA management. The driving factors for abdominal aortic stent grafts include the demand for minimally invasive treatments, the need to treat high-risk or unsuitable surgical candidates, advancements in stent graft technology, the appeal of endovascular techniques, and the increasing awareness of AAA and screening programs. These factors collectively contribute to the adoption and use of abdominal aortic stent grafts as a preferred treatment option for AAA patients.
FutureWise Market Research has published a report that provides an insightful analysis of Abdominal Aortic Stent Graft 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, the Abdominal Aortic Stent Graft 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.