Vascular Patches Market Size to Reach 700.8 Million by 2025 with Leading Players - LeMaitre Vascular, Inc., LabcorLaboratriosLtda, Becton, Terumo Corporation, B. Braun Melsungen AG, Dickinson and Company, W. L. Gore & Associates, Inc., MAQUET Holding B.V.

Vascular Patches Market Size and Growth Rate:

According to our Research Report, the Global Vascular Patches Market Size valued at USD 303.6 million in 2016 is anticipated to grow USD 700.8 million with the compounded annual growth of 9.74% over the forecast period 2017-2025.

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Vascular Patches Market Overview:

Vascular patches are used in the process of different vascular-related surgeries that are a new interdisciplinary theme in medical science. Most vascular surgical procedures are clean procedures, however, the risk of infection is usually high, due to the application of an artificial graft. In addition, patients in vascular surgery are often older and may have a combination of several internal medicine diseases such as hypertension and heart disease, diabetes, low body resistance, and immune disease. Infectious vascular complications that occur after transplantation of the pancreas or kidney represent a risk to the limb and the life of the recipient or organ transplant. These critical conditions sometimes require vascular resection and complex vascular reconstruction.

Factors such as an increase in the prevalence of vascular diseases, a rapid increase in the geriatric population, an increase in the adoption of biological patches and an increase in the technological advancements it the healthcare are driving the global market for vascular patches. Additionally, the increasing awareness among the consumers coupled with the mounting healthcare spending capacity is also accelerating the demand for these patches around the world.

Geographical Insights of the Vascular Patches Market:

According to geography, the global market of vascular patches can be segmented in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America has dominated the global vascular market due to factors such as the increase in the incidence of target diseases, the increase in health expenditure per capita, the willingness of governments to provide better health care facilities. The Asia-Pacific market is expected to grow rapidly during the forecast period due to factors such as the growing awareness of advanced vascular products and the presence of a large patient population. China and India are the largest contributors to the regional market due to their large elderly population and increasing investments in the modernization of healthcare.

Key Players of the Vascular Patches Market:

LeMaitre Vascular, Inc., LabcorLaboratriosLtda, Becton, Terumo Corporation, B. Braun Melsungen AG, Dickinson and Company, W. L. Gore & Associates, Inc., MAQUET Holding B.V. & Co. KG, CryoLife, Inc., Admedus, Baxter, and Edwards Lifesciences Corporation are the major players of the global vascular patches market.

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Vascular Patches Market-Key Segmentation:

By Material:

• Biologic Vascular Patches
• Synthetic Vascular Patches

By End User:

• Hospitals & Clinics
• Ambulatory Surgical Centers

By Application:

• Carotid Endarterectomy
• Open Repair of Abdominal Aortic Aneurysms
• Vascular Bypass Surgery
• Other Applications

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