Medical Health & Life Science Research News

A new report states facts & figures behind boom of the vascular graft market

The global vascular graft market is driven by increase in the incidence of vascular disorders, high blood glucose level, hypertension, and other risk factors that cause blockage of blood vessels. The global vascular grafts market was valued at $4,192 million in 2016, and is expected to reach at $6,218 million by 2023, growing at a CAGR of 5.7% from 2017 to 2023.

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A vascular graft market is a medical device that acts as an artificial blood vessel. It is implanted in patients with blocked blood vessels to redirect the flow of blood from one organ to the other to restore the normal flow of blood within the body.

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In addition, sedentary lifestyle, rise in geriatric population, and technological advancements supplement the market growth. However, high cost of treatment and increase in complications associated with prosthetic grafts restrain the market growth.

Conversely, rise in awareness for vascular grafts and huge market opportunities in the emerging economies of Asia-Pacific and LAMEA regions are expected to provide numerous opportunities to the market players in the near future.

Report: goo.gl/ud1CJD

The global vascular graft market is segmented on the basis of product, raw material, end user, and region. On the basis of product, it is classified into endovascular stent graft, peripheral vascular graft, and hemodialysis access graft.

The endovascular stent graft segment is bifurcated into abdominal aortic aneurysm (AAA) and thoracic aortic aneurysm (TAA). On the basis of raw material, it is categorized into polyester, polytetrafluoroethylene (PTFE), polyurethane, and biosynthetic.

Based on end user, it is divided into hospitals & ambulatory surgical centers. The market is analyzed based on region into North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

Report: goo.gl/P4xy9o

Key Benefits

  • The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
  • It offers a quantitative analysis of the market from 2016 to 2023 to enable stakeholders to capitalize on the prevailing market opportunities.
  • Comprehensive analyses of the product type and raw materials help in understanding the regional trends and potential investment areas.
  • Key market players and their strategies have been thoroughly analyzed to understand the competitive outlook of the industry.

MARKET SEGMENTATION

By Product

  • Hemodialysis Access Graft
  • Endovascular Aneurysm Repair Stent Grafts
  • Abdominal Aortic Aneurysm (AAA)
  • Thoracic Aortic Aneurysm (TAA)
  • Peripheral Vascular Graft

By Raw Material

  • Polytetrafluoroethylene (PTFE)
  • Polyurethane (PU)
  • Polyester
  • Biosynthetic

By End User

  • Hospitals
  • Ambulatory Surgical Centers

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

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