Research and Markets: Global Stent Grafts Market 2011-2015 - The Global Stent Grafts Market to Grow At A CAGR Of 6.7 Percent over the Period 2011-2015

DUBLIN--(BUSINESS WIRE)--

Dublin - Research and Markets (http://www.researchandmarkets.com/research/9ef549e3/global_stent_graft) has announced the addition of the "Global Stent Grafts Market 2011-2015" report to their offering.

One of the key factors contributing to this market growth is the significant growth of the Thoracic Aortic Aneurysm Stent Graft segment in Japan. The Global Stent Grafts market has also been witnessing an increase in product approvals and grants. However, growth of the Balloon Angioplasty market could pose a challenge to the growth of this market.

Key vendors dominating this market space include Medtronic Inc., Cook Medical Inc., W.L. Gore & Associates Inc., and Endologix Inc.

Commenting on the report, an analyst from TechNavio's Healthcare team said; The Global Stent Grafts market is recently experiencing a steady increase in the sales of thoracic aortic aneurysm (TAA) endovascular grafts. Moreover, research institutions in the US are serving as clinical trial sites for next-generation aortic endovascular grafts made of synthetic fabrics. For instance, TriVascular Enovus abdominal aortic aneurysm (AAA) and the Terumo/Vascutek Anaconda provided by Boston Scientific are incorporated with new design features for increased sales. This increase in the sales of TAA grafts is expected to propel the growth of the Global Stent Grafts market over the period 2011-2015.

According to the report, the country is experiencing a simultaneous increase in the number of patients suffering from cardiovascular and peripheral diseases such as AAA and TAA. Moreover, undisciplined lifestyle of the worldwide population, such as excessive smoking, is one of the key factors instigating AAA and TAA. Further, people suffering with high blood pressure are prone to develop these diseases. It has been estimated that a large number of patients die annually from ruptured aortic aneurysm worldwide. This increased rate of occurrence of AAA and TAA in people, mostly in aged people in the US and the EMEA region, is accelerating the growth of the Global Stent Grafts market.

Further, the report also discusses that the increase in the number of patients opting for balloon angioplasty is expected to decrease the growth rate of the Global Stent Grafts market over the period 2011-2015.

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