Global Vascular Grafts Market Outlook, Opportunities And Strategies
Learn about the global vascular grafts market through The Business Research Company, which provides information on vascular grafts market size, vascular grafts market drivers and restraints, vascular grafts market players, the COVID-19 impact on the vascular grafts market, and more.
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The global vascular grafts market is expected to grow from $2.57 billion in 2020 to $2.78 billion in 2021 at a compound annual growth rate (CAGR) of 8.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The vascular graft global market is expected to reach $3.64 billion in 2025 at a CAGR of 7%.
The rising prevalence of vascular diseases is expected to drive innovation in vascular grafts manufacturing, thus driving the market during the forecast period.
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The vascular graft global market consists of sales of vascular grafts and related services by entities (organizations, sole traders and partnerships) that manufacture vascular grafts that are used to repair the diseased or blocked blood vessel during the surgical procedure called vascular grafting or vascular bypass. Vascular grafting is performed to bypass a partial or complete blockage in an artery by reconnecting the blood vessels. This process will improve the blood flow by redirecting blood from one area of the body to another. Vascular grafts are mainly used in the heart during coronary artery bypass and in legs to treat vascular disease.
Global vascular grafts market segments include:
By Product: Hamodialysis Access Graft, Endovascular Stent Graft, Peripheral Vascular Graft, Coronary Artery By-Pass Graft
By Raw Material: Polyester Grafts, ePTFE, Polyurethane Grafts, Biosynthetic Grafts
By Application: Coronary Artery Disease, Aneurysm, Vascular Occlusion, Renal Failure
By End-User: Hospitals, Ambulatory Surgical Centres
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Companies in the vascular graft market are increasingly investing in technological advances for the development of innovative vascular grafts, including customization of vascular grafts.
TBRC’s vascular grafts market report covers:
Major Market Players: B. Braun, C. R. Bard, Cardinal Health, Cook Medical, Endologix, LeMaitre Vascular, Medtronic Plc, Getinge, Terumo Medical Corporation, and Gore Medical.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Vascular Grafts Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides vascular grafts market overviews, analyzes and forecasts market size, share, vascular grafts market players, vascular grafts market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s vascular grafts market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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