Written by stanley huds » Updated on: December 10th, 2024
Global Vascular Grafts Market Statistics: USD 3.3 Billion Value by 2033
Summary:
Industry Trends and Drivers:
The growth of this sector is driven by the rising global incidence of cardiovascular diseases (CVD), which typically require operations using vascular grafts.
The market has boomed due to dedicated improvements in graft related products. The current generation vascular grafts are non-thrombogenic, non-immunogenic and long lasting and have minimal adverse effects like infection and rejection. Drug eluting and tissue engineered grafts are also coming up. These grafts should be less rejected by the body, compared to the currently used grafts which are more mechanical in their properties. They are also used to improve vascular surgery and thus improve the experience of patients.
The market growth is driven by minimally invasive surgery (MIS). Minimally invasive surgical treatments include endovascular aneurysm repair (EVAR) and thoracic endovascular aneurysm repair (TEVAR). They also reduce the number of hospitalizations, reduce the chances of morbidity and speed up the healing process. This is what drives the interest in the specific vascular grafts required for these surgeries. In addition, there has been a shift in the patient-physician relationship towards MIS (Forrest and Taylor (2006)). This trend increases the need for evenly aligned vascular grafts.
Request for a sample copy of this report: https://www.imarcgroup.com/vascular-grafts-market/requestsample
Vascular Grafts Market Report Segmentation:
By Product:
Endovascular stent grafts represent the largest segment as they are increasingly preferred for minimally invasive (MI) vascular procedures due to their efficacy and lower invasiveness.
By Raw Material:
Polytetrafluoroethylene (PTFE) holds the biggest market share, attributed to its widespread use in vascular graft manufacturing, owing to its biocompatibility and durability.
By Application:
Cardiac aneurysm exhibits a clear dominance in the market due to the rising incidence of cardiac aneurysms, necessitating vascular grafts for treatment.
By End User:
Hospitals account for the majority of the market share as they are the primary healthcare facilities where vascular graft procedures are conducted.
Regional Insights:
North America dominates the market, which can be accredited to the increasing adoption of advanced vascular graft technologies and a rising prevalence of vascular diseases in the region.
Top Vascular Grafts Market Leaders:
The vascular grafts market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
Note: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
We do not claim ownership of any content, links or images featured on this post unless explicitly stated. If you believe any content or images infringes on your copyright, please contact us immediately for removal ([email protected]). Please note that content published under our account may be sponsored or contributed by guest authors. We assume no responsibility for the accuracy or originality of such content. We hold no responsibilty of content and images published as ours is a publishers platform. Mail us for any query and we will remove that content/image immediately.
Copyright © 2024 IndiBlogHub.com. Hosted on Digital Ocean