Press release
Latest Trends In Global Stent Graft System market
A stent graft system, also known as an endovascular stent graft or simply a stent graft, is a medical device used in the treatment of various vascular conditions, particularly in cases of aortic aneurysms.It is a minimally invasive alternative to traditional open surgery and is designed to reinforce weakened or dilated blood vessels while redirecting blood flow away from the aneurysm.
An aortic aneurysm occurs when a section of the aorta, the main artery that carries blood from the heart to the rest of the body, becomes abnormally widened or bulged.
This can be a serious medical condition as it weakens the arterial wall and increases the risk of rupture, which can be life-threatening.
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The stent graft, which is compressed onto a catheter, is then carefully positioned within the aneurysm. Once in place, the stent graft is expanded, securing it against the arterial wall and creating a new path for blood flow.
The graft effectively isolates the weakened area from blood circulation, reducing the risk of rupture.
Stent graft systems offer several advantages over open surgical procedures, including shorter recovery times, reduced risk of complications, and avoidance of large incisions.
GLOBAL STENT GRAFT SYSTEM MARKET SIZE AND FORECAST
The Global Stent Graft System Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT DEVELOPMENT
Endovastec™ has received registration approval from the Ministry of Food and Drug Safety of Korea (MFDS) for its independently developed Minos® Abdominal Aortic Stent-Graft and Delivery System (Minos® Stent Graft System).
This is the first time the Minos® Stent Graft System has received marketing approval in an overseas market in Asia.
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As a next-generation abdominal aortic stent graft system independently developed by Endovastec™, the Minos® Stent Graft System is designed for the interventional therapy of subrenal abdominal aortic aneurysms.
It is the first stent graft system developed in China that features an ultra-low profile delivery system with an outer diameter as low as 14F, a breakthrough technology that has significantly reduced vessel access requirements during surgery.
The stent is designed as a three-piece kit, allowing for flexible in vivo assembly to maximize lesion coverage. It offers distinct benefits in treating complex abdominal aortic aneurysm conditions such as tortuous or short aneurysm neck, and distorted and narrow access, among others.
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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
How many Stent Graft Systems are manufactured per annum globally? Who are the sub-component suppliers in different regions?
Cost breakup of a Global Stent Graft System and key vendor selection criteria
Where are the Stent Graft System manufactured? What is the average margin per unit?
Market share of Global Stent Graft System market manufacturers and their upcoming products
Cost advantage for OEMs who manufacture Global Stent Graft System in-house
key predictions for next 5 years in Global Stent Graft System market
Average B-2-B Stent Graft System market price in all segments
Latest trends in Stent Graft System market, by every market segment
The market size (both volume and value) of the Stent Graft System market in 2023-2030 and every year in between?
Production breakup of Stent Graft System market, by suppliers and their OEM relationship
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