Stent Grafts Market in China 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-26 10:01:01
The China Stent Grafts market is to grow at a CAGR of 18.09 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increase in the aging population. The Stent Grafts market in China has also been witnessing an increasing demand for minimally invasive surgeries. However, the complications in patients´ health post-surgery could pose a challenge to the growth of this market.
There is an increasing demand for minimally invasive surgery among the rapidly increasing aging population across the world, and this is expected to propel the growth of the Stent Grafts market in China. Minimally invasive endovascular procedures are performed through minute incisions in the body. Such procedures can be used to treat plaque blockages in the arteries of the heart and other vessel walls of peripheral organs such as kidneys and brain. The principal advantage of these procedures over conventional surgical methods is the short recovery time, short length of the scars resulting in less physical trauma, low risk of infection, minimized bleeding, low cost, and shorter hospital stays.
One of the key drivers in this market is the increase in the number of aged population in this region. Due to this rapid growth rate of the aged population in China, the country is experiencing a simultaneous increase in the number of cardiovascular and peripheral diseased patients.
One of the major challenges in the market is the risk related to patients´ health post implants of stent grafts. Patients may suffer from blood leakages, a blockage of the flow of blood through the stent graft, misplacement of the stent graft, and infections.
The key vendors dominating this market space are Medtronic Inc., Cook Medical Inc., Lifetech Scientific (Shenzhen) Co. Ltd., and Shanghai MicroPort Medical (Group) Co. Ltd.
The other vendors are Terumo Cardiovascular Systems Corp., and W. L. Gore & Associates Inc.
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