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Trends and new technology to treat arterial diseases and improve patient outcomes characterize the vascular graft industry. The arterial graft market relies on technological advances. New materials like ePTFE and bioabsorbable polymers have made vascular grafts more biocompatible and effective over time. New methods and protective coatings increase arterial graft function and safety.
Increased prevalence of arterial diseases including peripheral artery disease (PAD) and coronary artery disease drives the vascular graft market. Vascular grafts, which treat artery blockages, aneurysms, and vascular insufficiencies, are needed more as cardiovascular and vascular disorders rise worldwide. Vascular grafts provide surgeons several alternatives for restoring blood flow and avoiding life-threatening issues.
Many arterial graft market factors are regulated. Vascular grafts are safe, effective, and high-quality due to rigorous standards. Following regulators' criteria helps get vascular grafts authorized, create healthcare worker confidence, and operate successfully in many clinical settings. New technologies and materials that increase graft performance are also delayed by regulations.
Demographic variables like population aging affect the vascular donor market. Vascular grafts are needed as the world's population rises and vascular disorders increase. Vascular grafts address arterial and venous issues, making them crucial to vascular surgery. This makes them handy for seniors.
Economic variables and healthcare payment restrictions impact the market. Healthcare personnel and schools employ vascular grafts depending on profit and cost. These patches are accepted by healthcare systems based on reimbursement regulations, which impact global markets. Vascular grafts' long-term advantages and cost-effectiveness influence patient and healthcare staff choices.
Competition between key market participants drives the arterial graft market. Biocompatibility, durability, and usability are ways firms differentiate their products. Research and development aim to enhance graft design, uncover novel materials, and increase arterial graft performance. Strategic partnerships are employed to boost market exposure and spark new ideas in this fast-changing profession.
COVID-19 showed how vital healthy blood vessels and successful therapy are, changing the vascular donor market. Initial focus was on epidemic control. Vascular patches are crucial to artery function and disease prevention, demonstrating their importance in healthcare. The vascular patch industry will certainly rise as more people learn about vascular illnesses and the need of early treatment.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Raw material, Indication, End-user |
Vascular Graft Market Highlights:
Global Vascular Graft Market Overview
According to market research future, the Vascular Graft Market would increase USD 5.9 billion at a CAGR of 7% between 2023 and 2032. Vascular graft or vascular bypass is a surgical procedure that reroutes blood from one location of normal blood flow to another area of generally normal blood flow in order to bypass a damaged artery. Depending on the indication and the raw materials used to produce the graft, there are many vascular grafts available. Vascular grafts are utilized to provide hemodialysis access as well as to treat aneurysms, especially thoracic aneurysms, endovascularly.
The high incidence of abdominal aneurysms, the expanding geriatric population, and the rising prevalence of smoking and other aneurysm risk factors are the key drivers driving the growth of this market. These illnesses include atherosclerosis, pulmonary embolism, deep vein thrombosis, and other heart ailments, as well as a growth in the number of hospitals and surgery centers, which makes disease detection and treatment easier.
Vascular Graft Market Segment Insights
The global vascular graft market has been segmented on the basis of raw material, indication, end-user, and region.
Based on raw material, the global market of vascular graft has been segmented into polyester grafts, EPTFE grafts, polyurethane grafts, and biosynthetic grafts. While polyester grafts hold the major market share among all the segments, biosynthetic graft is considered to be the fastest growing segment.
Based on indication, the global market of vascular graft has been segmented into endovascular aneurysm repair, peripheral vascular repair, and hemodialysis access. Endovascular aneurysm repair is considered to be the major segment among all the segments. The peripheral vascular repair segment is expected to be the fastest growing segment.
Based on end-user, the global market of vascular graft has been segmented into hospitals and ambulatory surgical centers. Among these, the hospitals hold the major segment and are anticipated to maintain its dominance during the review period. The ambulatory surgical centers are the fastest growing segment across the globe.
Vascular Graft Market Regional Insight
The global vascular graft market span across four major regions, namely Americas, Europe, Asia-Pacific, and Middle East & Africa.
America dominates the global vascular graft market and is anticipated to maintain its dominance over the assessment period. The growth is attributed to the high prevalence of cardiovascular diseases, diabetes, and chronic kidney diseases. With the availability of state-of-the-art healthcare infrastructure and presence of reimbursement coverage, the market is set to flourish. Asia Pacific is presumed to register the fastest market growth owing to the growing prevalence of diabetes and cardiovascular diseases in this region. Also improving healthcare infrastructure and epidemiological transition which has resulted in high rate of premature death is anticipated to trigger the demand for minimally invasive grafting procedures.
Key companies in the market of vascular graft include
- Cardinal Health (US)
- Gore Medical (US)
- Terumo (Japan)
- C. R. Bard (US)
- Medtronic (Ireland)
- LeMaitre Vascular (US)
- B. Braun Melsugen AG (Germany)
- Endologix (US)
- Maquet (Germany)
- Cook Medical (US)
Recent Development
In November 2023,
Terumo Announced the launch of the ENTHEON™ Neo Stent Graft System, a next-generation stent graft for the endovascular repair of abdominal aortic aneurysms (AAAs)
In December2023,
Medtronic Announced the launch of the Valiant® Monorail Stent Graft System, a next-generation stent graft for the treatment of complex aortic and iliac occlusive disease.
Cardinal Health Inc (Cardinal Health) is an integrated healthcare product and service provider. It sells branded and generic pharmaceuticals, specialty medications, over-the-counter healthcare, and consumer items, medical equipment, surgical instruments, and laboratory equipment. It also runs nuclear pharmacies and cyclotrons and develops its own private label medicinal and surgical items. Its expertise is divided into four categories: logistics, product, business, and patient solutions. The corporation has operations in the United States, Canada, Europe, etc. Cardinal Health is based in Dublin, Ohio, in the United States.
Vascular Graft Raw Material Outlook
- Polyester Grafts
- EPTFE Grafts
- Polyurethane Grafts
- Biosynthetic Grafts
Vascular Graft Indication Outlook
- Endovascular Aneurysm Repair
- Peripheral Vascular Repair
- Hemodialysis Access
Vascular Graft End User Outlook
- Hospitals
- Ambulatory Surgical Centers
Vascular Graft Region Outlook
- Americas
- Europe
- Asia Pacific
- Middle East & Africa
Research Methodology
Data analysts at Market Research Future ensure objective analysis of the market while preparing market research reports by engaging set of standards which allow a comprehensive view of the market and its several components. Several factors comprising economic growth, government expenditure, supply channels and distribution channels have been scrutinized effort to relay precise information. Also, market-size estimation and validation use top-down and bottom-up approaches in order to obtain data from the demand and supply side. Analysis of data have been performed by using research framework suited to the specific industry. The frameworks are developed by the MRFR team which serves as a research standard that provides tools to create dependable market reports.
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