Future of Global Stent Grafts Market Along with Key Drivers, Major Manufactures, Business Insights, Trends and Forecast 2026

Stent Grafts Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of stent grafts market by application (abdominal aortic aneurysm, and thoracic aortic aneurysm) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the stent grafts market it includes the five years Industry analysis and the 6 years annual forecast from 2020 to 2026. Some of the prominent participants in the global stent grafts market are Lifetech Scientific, Medtronic Plc, B. Braun Melsungen AG, Johnson & Johnson Services, Abbott Laboratories, Endologix, Inc., Terumo Medical Corp, Cook Medical Inc., WL Gore & Associates, and C. R. Bard, Inc.

We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/1333

The Stent Graft Reduces Aneurysm Pressure and Creates a New Blood Flow Channel

The stent-graft is a tubular structure consisting of two stent and graft elements. The stent is a structure of metal mesh used to provide the graft with protection. The catheter is used to supply the artery with a stent to support a weak spot called an aortic aneurysm. Endovascular Aneurysm Repair is a minimally invasive technique for treating aortic aneurysms using stent-grafts. The stent graft reduces aneurysm pressure and creates a new blood flow channel. This reduces the risk of rupture. The stent grafting is also used to treat a variety of complex vascular conditions such as Abdominal aortic aneurysms, Thoracic aortic aneurysms, and Aneurysms in other locations.

Major factors that are responsible for the growth of the stent graft market are the growing number of people are suffering from the cardiac disorder, obesity, and diabetes among the population and the adoption of endovascular repair over open surgical repair. Furthermore, other factors that are projected to strengthen the growth of the global stent graft market are the rising adoption of EVAR procedure to treat aortic disease and rising demand for minimally invasive procedures for surgeries. However, the risk involved in the treatment with stent graft restrains the market growth.

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North America Region is Expected to Hold the Largest Share

Furthermore, rapid technological advancements in EVAR and an increasing number of clinical trials expected to enhance the demand for stent-graft in the forecast period.

In addition, the current concern over the spread of novel coronavirus is also projected to have a negative impact on the stent graft market for the short term. The primary factors anticipated to exert an impact on the medical device industry include delay in outpatient hospital visits for non-urgent treatments, reduced production of surgical equipment, supply chain disruptions, and restrictions on surgical procedures.

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Most of the medical centers and hospitals either delayed or completely canceled elective surgical procedures, including cardiovascular, aortic procedures due to pandemic. SMEs operating in stent graft and surgical device manufacturing experiencing a negative impact on demand owing to decline in the number of AAA procedures. However, the impact of COVID-19 on the medical device industry is estimated to be neutralized by a larger portfolio and revenue gained from other product lines.

Among the geographies, the North America region is expected to hold the largest share in the global stent graft market. The high incidence of aortic aneurysms in the United States contributes to the market growth of stent grafts in the North America region. Further, factor such as the presence of leading surgical device manufacturers in this region, and technological innovation in the stent graft system. is projected to boost the market growth in the region. However, the Asia Pacific region is anticipated to witness significant growth during the forecast period due to the growing demand for minimally invasive medical procedures in the region.

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