Vascular Graft Market Research 2019 – Latest Updates, Industry Size Expected to Attain USD 4.14 billion by the end of 2023 by Segmentation, Technology and Competitive Regional Analysis

Vascular Graft Market Research 2019 – Latest Updates, Industry Size Expected to Attain USD 4.14 billion by the end of 2023 by Segmentation, Technology and Competitive Regional Analysis

“Vascular Graft Market”
Vascular Graft Market Research Analysis and Industry Trend by Raw Material (Polyester Grafts, EPTFE Grafts, Polyurethane Grafts, Biosynthetic Grafts), Indication (Endovascular Aneurysm Repair, Peripheral Vascular Repair, Hemodialysis Access), End-user (Hospitals, Ambulatory Surgical Centers), and Region-Global Forecast till 2023.

Vascular Graft Market  

Vascular grafts are considered one of the most prominent prosthetics used in cardiovascular and vascular surgeries owing to their ability to improve vascular access. Increasing prevalence of cardiac diseases, end-stage renal diseases, and growing prevalence of diabetes, coronary artery diseases, cardiac aneurysms, and hypertension are considered some of the major growth factors. Apart from such hereditary and genetic factors, alcohol consumption, unhealthy lifestyle, and tobacco smoking are presumed to trigger the demand for vascular graft market.

Global Vascular Graft Market was valued at USD 2.66 billion in 2017 and is anticipated to garner USD 4.14 billion by the end of 2023. The market across the globe is expected to register 7.6% CAGR during the forecast period (2017-2023).

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With the ever-increasing geriatric population, changing lifestyle, and technological advancements, the market for vascular graft is considered to accelerate. For instance, technologically advanced devices are introduced in order to meet clinical need for off-shelf small diameter vascular grafts with high-quality properties of the autologous vessel.

Competitive Dashboard

The key players in the global vascular graft market include

  • Braun Melsugen AG (Germany)
  • Cardinal Health (USA)
  • R. Bard (USA)
  • Cook Medical (USA)
  • Endologix (USA)
  • Gore Medical (USA)
  • LeMaitre Vascular (USA)
  • Maquet (Germany)
  • Medtronic (Ireland)
  • and Terumo (Japan).

Vascular Graft Market Segmental Analysis:

The Global Vascular Graft Market has been segmented on the basis of Raw Material, Indication, End-User, And Region.

By mode of raw material, the global vascular graft market has been segmented into polyester grafts, EPTFE grafts, polyurethane grafts, and biosynthetic grafts. Among these, polyester grafts hold the major market share as recent advancements in this segment have enabled its adoption rate. Also, advantages such as blood compatibility and longer lifespan are expected to foster the segment growth. The biosynthetic graft segment is considered to be the fastest growing segment.

By mode of indication, the global vascular graft market has been segmented into endovascular aneurysm repair, peripheral vascular repair, and hemodialysis access. Among these, endovascular aneurysm repair is considered to be the major segment. The growth is attributed to the growing demand for minimally invasive surgical procedures. This segment also offers cost-effective treatment to their patients which further drives the segment. The peripheral vascular repair segment is presumed to be the fastest growing segment.

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By mode of end-user, the global vascular graft market has been segmented into hospitals and ambulatory surgical centers. Among these, the hospitals segment is considered to hold the major segment owing to the growing number of minimally invasive surgical procedures in hospitals along with favorable reimbursement policies in developed countries. The ambulatory surgical centers are expected to be the fastest growing segment across the globe.

Vascular Graft Market Regional Insights:

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.

TABLE OF CONTENTS:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Vascular Graft Market, By Raw Raw Material

6.1 Introduction

6.2 Polyester Grafts

…to be continued.

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