[FURL=https://www.industryarc.com/Report/19665/aortic-stents-grafts-market.html?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Aortic Stents Grafts Market[/FURL] size was valued at $4,089 million in 2020 and is expected to grow with a CAGR of 7.8% during the forecast period 2021-2026. The Aortic Stents Grafts industry growth rate is attributed to the rise in the demand for minimally invasive surgeries, the development of innovative and advanced products and the technological advancements. The aortic stent graft is a new aneurysm treatment alternative. An artificial stent graft is placed over the widening and administered through an arterial blood vessel in the groin. Endovascular aneurysm repair is the name for this procedure. Aortic aneurysms may be treated with a variety of stent grafts. They may vary in terms of deployment techniques, design, and material composition. Furthermore, favorable reimbursement policies and increasing adoption of minimally invasive surgeries among physician and patients is further set to boost the overall market growth.Key Takeaways
North America dominated the Aortic Stents Grafts Market with a share of 37.2% in the year 2020.
The factors such as rising prevalence of aortic aneurysm, adoption of endovascular repair over open surgical repair, rising life expectancy rate are amongst the major factor projected to impel growth of Aortic Stents Grafts Market.
Rapid advancements in the number clinical trials, rising adoption of minimally invasive surgeries and FDA approvals for improvement of aortic stent grafts designs are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.
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Aortic Stents Grafts Market Drivers
Rising Number of Clinical Trials and FDA Approvals
The Aortic Stents Grafts market is poised to receive upswing owing to increasing number of clinical trials and FDA approvals for improvement of aortic stent grafts designs has yielded new and better products to overcome anatomical constraints.
Aortic Stents Grafts Market share is fragmented by the top ten players present in the market. Aortic Stents Grafts Market top 10 companies are Cook Medical, Inc., W.L. Gore & Associates, MicroPort Scientific Corporation Inc., Medtronic Plc., Lombard Medical, Inc., Endologix, INC., Terumo Corporation Inc., Cardinal Health Inc., Becton, Dickinson and Company, Cryolife Inc. and others.
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