Vascular Grafts Market Explore Future Growth 2018-2026 by Global Top Players – Medtronic, Vascutek, W.L. Gore & Associates, Artegraft, Bard Peripheral Vascular, LeMaitre Vascular, Heart Medical Europe BV

Coherent Market Insights has announced the addition of the “Vascular Grafts Market Size Status and Forecast 2026”, The report classifies the global Vascular Grafts Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global Vascular Grafts Speaker market, analyzes and researches the Vascular Grafts Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America and Rest of the World. This report focuses on the top players in global market, like Medtronic, Vascutek, W.L. Gore & Associates, Artegraft, Bard Peripheral Vascular, LeMaitre Vascular, Heart Medical Europe BV

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Factors such as increasing geriatric population, increasing diabetes prevalence leading to heart diseases, and unhealthy lifestyles are expected to increase the prevalence of cardiovascular diseases, in turn boosting the growth of bypass surgeries and vascular grafts market. Complications in the bypass surgery such as bleeding, arrhythmias and stroke are the restraining factors for the market.

Vascular grafts are majorly used in treatment of cardiovascular diseases by surgical procedures such as bypass grafting. The graft is taken from the patient’s body and surgically inserted at the required site to bypass the damaged or diseased blood vessels. Factors such as smoking, high blood pressure, atherosclerosis, and diabetes lead to chronic heart diseases in turn increasing the demand for effective and life sustaining treatment. Bypass surgeries are performed in patients suffering from coronary artery diseases, angina pectoris, heart attack, atherosclerosis, diabetes, and multiple heart artery blockages.

On the basis of product type, the global vascular grafts market is segmented into:

Endovascular Stent Graft
Hemodialysis Access Graft
Bypass Graft
Peripheral Vascular Graft
Others

On the basis of application, the global vascular grafts market is segmented into:

Coronary Artery Disease
Vascular Occlusion
Renal Failure
Aneurysm
Others

On the basis of material, the global vascular grafts market is segmented into:

Synthetic
Teflon
Nylon
Dacron
Others
Biological
Bovine Vein
Saphenous Vein
Others
Biosynthetic
Ovine Collagen with Polyester
Others

On the basis of end user, the global vascular grafts market is segmented into:

Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Others

North America region is expected to dominate the market due to increasing prevalence of lifestyle diseases especially cardiovascular disease, skilled medical professionals coupled with insurance facilities, and increasing geriatric population, which is at a high risk of cardiovascular diseases. Asia Pacific region is expected to show the highest growth rate in the market during the forecast period due to factors such as improving healthcare facilities, increasing awareness towards heart diseases, and increasing diabetes prevalence. In India vascular grafts market is expected to show highest growth rate due to factors such as large customer base, rising awareness through government programs such as World Heart Day, and increasing life expectancy. In 2015, around 30 million people were suffering from cardiovascular diseases in India and the number is expected to increase over the forecast period.

Age is also a risk factor for coronary artery diseases. In 2015, around 44 million people over age 60 were suffering from coronary artery diseases in the U.S. according to American Heart Association (AHA). Furthermore, according to the AHA in 2017, around 92 million American adults are suffering from cardiovascular diseases, which is expected to fuel the growth of vascular grafts market.

According to Centers for Disease Control and Prevention (CDC) in 2016, approximately 8.5 million people in the U.S. had peripheral arterial diseases with healthcare costs accounting for US$ 21 billion annually. Increasing requirement for treatment with bypass surgeries is expected to boost the growth of vascular grafts market. According to National Health Service (NHS) in England, around 20,000 coronary bypass surgeries are carried out annually, which is expected to rise due to changing lifestyle habits leading to chronic cardiovascular diseases, in turn rising demand for the treatment.

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