San Francisco, April 18, 2016 (GLOBE NEWSWIRE) -- A tubular device made up of special fabric is called as a stent graft. Most of these stents are commonly used for vascular interventions. These devices are used mainly in endovascular surgeries to treat ailments such as Abdominal Aortic Aneurysm (AAA) & Thoracic Aortic Aneurysm (TAA). In Endovascular Aneurysm Repair (EVAR), the technique used for AAA treatment, stent grafts provide support to the weak areas of the arteries recognized as an aneurysm.
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According to TechNavio, the stent grafts market in China is projected to grow at a CAGR of 18.09 percent over the forecast period (from 2014 to 2018). On the basis of product types, the stent grafts market can be categorized into AAA and TAA stent grafts.
Growing geriatric population base is one of the major growth driving factors of the China stent grafts market. The market has been experiencing a rise in the demand for minimally invasive surgeries. However, the post-surgery complications in a patient’s health could cause problems posing a challenge for the market growth. The report also covers a detailed discussion of the major market players operating in stent grafts market.
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TechNavio's report is based on a detailed market analysis. This report, focused on the stent grafts market in China, also covers the market landscape and market growth forecast in the coming years.
Some of the major market participants that dominate the stent grafts market are Lifetech Scientific (Shenzhen) Co. Ltd., Cook Medical Inc., Shanghai MicroPort Medical (Group) Co. Ltd., and Medtronic Inc. The other market players operating in this market include W. L. Gore & Associates Inc. and Terumo Cardiovascular Systems Corp.
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