"Vascular Graft Market by
Indication (EVAR, Abdominal Aneurysm Repair, Thoracic Aneurysm,
Peripheral Vascular Repair), Raw Material (Polyester, ePTFE,
Polyurethane, Biosynthetic), End Users (Hospital, Ambulatory Surgery
Center) - Global Forecast to 2022", The vascular grafts market is expected to reach USD 3.80 Billion by 2022 from USD 2.67 Billion in 2017, at a CAGR of 7.3%.
Early buyers will receive 10% customization of report
Early buyers will receive 10% customization of report
Factors driving the growth of this market includein
the aging population and the associated increase in the prevalence of
aneurysms, rise in end-stage renal disorders, and increasing adoption of
minimally invasive surgical procedures.
Polyester grafts segment is estimated to account for the largest market share in 2017
By raw material, the vascular grafts market is
segmented into ePTFE grafts, polyester grafts, polyurethane grafts, and
biosynthetic grafts. Polyester grafts are likely to dominate this market
in 2017. The growth of this segment is primarily driven by various
factors such as high demand for polyester material based grafts owing to
its various benefits such as a long lifespan and high patency and
porousness.
The endovascular aneurysm repair segment is expected to dominate the market in 2017
By indications, the vascular grafts market is
categorized into endovascular aneurysm repair or EVAR (including
abdominal aortic aneurysms repair and thoracic aneurysm repair),
hemodialysis access, and peripheral vascular aneurysm. The EVAR segment
is estimated to account for the largest market share owing to the high
demand for endovascular aneurysms repair procedures. The EVAR segment is
further bifurcated into abdominal aneurysm repair and thoracic
aneurysms repair. The abdominal aneurysm repair subsegment will occupy
the largest market as a majority of aneurysms occur in the abdominal
region.
Hospitals are estimated to command the largest share of the market during the forecast period
By end user, the vascular grafts market is bifurcated
into hospitals and ambulatory surgical centers (ASCs). The high growth
of this segment is attributed to factors such as the rising number of
minimally invasive surgical procedures in hospitals & cardiac
centers and the favourable reimbursement scenario for hospital
procedures in most developed countries.
North America is estimated to command the largest share of the market
Based on region, the vascular grafts market is
segmented into North America, Europe, Asia Pacific, and Rest of the
World (RoW). North America is expected to dominate this market in 2017.
Factors such as increasing healthcare expenditure and research and
development in the field of vascular grafts are propelling the growth of
the vascular grafts market in this region.
Key players operating in this market are B. Braun
(Germany), C. R. Bard (US), Cardinal Health (US), Cook Medical (US),
Endologix (US), LeMaitre Vascular (US), Medtronic (Ireland), Maquet
(Germany), Terumo (Japan), and Gore Medical (US).
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