Health Policy

Abdominal Aortic Stent Graft Market to Reach $300m

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A report by the Millennium Research Group says that the abdominal aortic stent graft market in Europe is estimated to reach $300m by 2015. The advantage of endovascular aortic repair is expected to drive the aortic stent graft procedure volumes to approximately 35,000 in Europe over the next five years. The report says that the market will be driven by growth in adoption of new-generation stent grafts, as well as increased awareness of the benefits of endovascular techniques and am increase in endovascular technique training. European physicians will increasingly take up endovascular aortic repair as an alternative to surgical repair for the treatment of abdominal aortic aneurysms. The reports says that competition for endovascular aortic repair devices in the European market will increase over the next five years as new stent grafts from emerging competitors become available.

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