openPR Logo
Press release

Industry Insights on Vascular Graft Market with Becton Dickinson, B. Braun Medical, B. Braun Group, JOTEC GmbH a fully owned subsidiary of CryoLife, Cook Medical, Endologix, Inc., Getinge, LeMaitre Vascular, Medtronic

03-05-2019 10:04 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc

China Vascular Graft Market Size, By Raw Material, 2013 – 2024, (USD Million)

China Vascular Graft Market Size, By Raw Material, 2013 – 2024, (USD Million)

The Vascular Graft Market set to exceed is expected to witness 6.3% CAGR from 2018 to 2024 new research report by Global Market Insights.

U.S. dominated North America vascular graft market with revenue of USD 742.0 million in 2017. There is increasing geriatric population base and numerous cases of cardiovascular and chronic kidney disease throughout U.S. According to John Hopkins Medicine statistics, U.S. spends about USD 315 billion annually for cardiovascular disease management. High healthcare expenditure will result into substantial market growth. Moreover, various reimbursement policies by Medicare and Medicaid will foster regional growth in foreseeable years

Rising pervasiveness of cardiovascular diseases and aortic aneurysms coupled with chronic kidney disease will boost market growth during the foreseeable future. Rising incidence of cardiac disorders is attributable to adoption of sedentary lifestyle along with unhealthy diet and alcohol abuse. High number of cardiovascular diseases will spur market growth in the upcoming years.

Request for a sample of this research report @

Moreover, growing burden of chronic kidney disease will lead to high number of haemodialysis procedure. Haemodialysis requires employment of vascular access for completion of dialysis procedure, thereby increasing demand for vascular grafts. Increasing prevalence of end-stage renal disease will impel vascular graft industry growth during the projected timeframe.

Increasing geriatric population pool coupled with rising number of chronic limbic ischemia cases will potentially spur the market growth. According to United Nations (UN) statistics, in 2017, there were an estimated 962 million people aged above 60 years across the globe, accounting for about 13% of the total world population. The major factors for such demographic shifts are increasing life expectancy and decline in fertility rate. Such factors will lead to increasing demand for vascular grafts in healthcare facilities, thus propelling vascular graft market growth.

Growing need for development of innovative and advanced vascular grafts for cerebrovascular treatments will positively impact vascular graft business growth. For instance, Medtronic developed Endurant II Stent Graft System for treatment of abdominal aortic aneurysms. This product offers accurate placement and controlled deployment for flexible and kink-resistant delivery of the graft. In addition, development of cell free and tissue-engineered vascular grafts will minimize complications associated with conventional grafts. Such advancements will foster vascular graft industry growth in the foreseeable future.

Browse Full Report Details @

However, low reimbursement rate and high cost of cardiovascular surgeries in developing economies can hinder the market growth. Complications associated with vascular grafts such as graft rejection and infection will restrict market growth in the upcoming years.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

 Becton Dickinson
 CR Bard
 B. Braun Group
 CryoLife, Inc
 Cook Medical
 Endologix, Inc.
 Getinge
 LeMaitre Vascular
 Medtronic
 Terumo Medical Corporation
 W. L. Gore & Associates

Polyester graft segment dominated in 2017, with segmental revenue of USD 1,457.3 million. Polyester graft has wide array of indications such as abdominal and thoracic aortic aneurysms, peripheral artery disorder, and haemodialysis access. Recent advancements in polyester graft have enabled its rapid adoption; for instance, combination of polyester grafts with collagen for development of biosynthetic grafts. This provides better tensile strength and reduces chances of graft rejection. Moreover, high demand of polyester grafts, due to its associated advantages such as longer lifespan and blood compatibility will augment segmental growth.

Expanded polytetrafluoroethylene (EPTFE) graft segment will grow at a momentous rate of 6.3% during the forecast timeframe. Fast growth rate is attributable to its huge applicability and associated biocompatibility. EPTFE graft is broadly used in haemodialysis access, peripheral vascular surgery and extra-anatomical procedures. Technological advancements in the conventional EPTFE graft will lead to its escalated demand in the future. For instance, end-point covalent attachment of EPTFE with heparin provides high thrombogenic resistance and reduced platelet attachment. Such advancements will favour segmental growth in upcoming years.

Endovascular aneurysm repair accounted for largest market share of USD 996.5 million in 2017 and is estimated to show similar trend during the projected timeframe. This is due to increasing demand for minimally invasive surgical procedures. Endovascular aneurysm repair offers cost-effective treatment to patients suffering from abdominal aortic aneurysm compared to open repair. Also, complications associated with open repair procedures will lead to higher adoption of endovascular aortic repair. High healthcare expenditure and reimbursement scenarios in developed economies will propel market growth in the foreseeable future.

Peripheral vascular repair segment is estimated to grow at 6.0% across the forecast timeframe owing to high prevalence of peripheral artery disease. Various lifestyle diseases such as high blood pressure, diabetes, obesity lead to development of peripheral artery disease. One of the major factors leading to peripheral artery disease is atherosclerosis. According to World Health Organization (WHO) statistics, more than 15% of the population globally die due to atherosclerosis. Large population base affected by atherosclerosis and peripheral artery disease will lead to adoption of peripheral repair, thereby favoring segment growth.

Hospitals segment held largest revenue of USD 1,535.7 million in 2017. The segmental growth is credited to rising number of minimally invasive surgical procedures in hospitals and favourable reimbursement scenario for vascular grafts in developed countries. Moreover, various government regulations to implement high quality patient care will attract large patient pool in hospitals to seek treatments. Increasing healthcare investments and growing disease burden will support segmental growth in forthcoming period.

Ambulatory surgical centres segment will grow with a remarkable rate of 6.6% during the forecast timeframe. The segmental growth is attributable to rising demand for short hospital stays and cost-effective treatments for various cardiovascular disorders. Ability of ambulatory surgical centres to offer single day cardiovascular surgery and lower healthcare-associated costs will favour ambulatory surgical centre segmental growth in the upcoming period.

Make an inquiry for purchasing this report @

Indian vascular graft market is forecasted to grow at a rapid rate of 7.6%, owing to rising number of cardiovascular surgeries due to escalating incidence rate of chronic diseases. Additionally, increasing incidence of end-stage renal disease will lead to higher number of hemodialysis procedures performed, thereby increasing demand for vascular access. Improvement in healthcare policies and growing awareness among Indian population will drive industry growth in India during the projected timeframe.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industry Insights on Vascular Graft Market with Becton Dickinson, B. Braun Medical, B. Braun Group, JOTEC GmbH a fully owned subsidiary of CryoLife, Cook Medical, Endologix, Inc., Getinge, LeMaitre Vascular, Medtronic here

News-ID: 1634357 • Views: 1093

More Releases from Global Market Insights, Inc

Refractories Market 2020 by top key players Saint-Gobain, Morgan Advanced Materi …
Global Refractories Market size was estimated at USD 30 billion in 2018 and is projected to surpass USD 41 billion by the year 2025. Refractories market is classified into monolithic, brick & shapes and others. Other refractories products is expected to gain close to 3% by 2025. Other refractory products include ceramic fibers and refractories raw materials used for manufacturing refractories inhouse. Ceramic fibers are lightweight, has high temperature stability and
Offshore Crane Market Trends 2020 By Industry Players Liebherr Group, National O …
The size of the overall Offshore Crane Market was recorded at USD 2.5 billion in the year 2018 and is now projected to surpass around USD 5 billion by 2026. The ongoing exploration of new offshore oil & gas fields will surge the demand for offshore cranes. The growing demand for maintenance & repair of oil & gas extraction systems will drive the offshore crane market growth. The equipment is primarily
Assisted Reproductive Technology Market Top Players | Cooper Surgical Inc., Cook …
Assisted Reproductive Technology Market will reach over USD 32.5 billion by 2024; as per a new research report. Increasing number of people suffering from infertility issues coupled with rising awareness about assisted reproductive technology (ART) will drive ART market over the forecast timeframe. Furthermore, changing social factors and rising disposable income should positively impact industry expansion. Procedures such as in-vitro fertilization are offered at low cost in developing countries such as
What's driving the Lithopone Market growth? | Leading Key Players Titanos, Langf …
A report by DecResearch estimates that the lithopone market size will be valued at over $235 million by 2025. Rapid global urbanization has given rise to a thriving construction industry which is a significant contributor to the lithopone market growth. The strong reducing power and chemically inert nature of lithopone has led to its extensive application across numerous industries including paints & coatings, paper& pulp, rubber, leather, plastics and linoleum

All 5 Releases

More Releases for USD

$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites applications for companies, teams or venture capitalists for a $100,000,000 USD job contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - There
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of
Orthobiologics Market USD 5.8 Billion by 2020
Orthobiologics Market 2013-2020 report estimates the global orthobiologics market to reach nearly USD 5.8 Billion in 2020, at a CAGR of 6.2% from 2016 to 2020 - iHealthcareAnalyst, Inc. Visit the Orthobiologics Market 2013-2020 report The global orthobiologics market report provides market size (Revenue USD Million 2013 to 2020), market share and forecasts growth trends (CAGR%, 2016 to 2020). The global orthobiologics market segmentation is based on product types (allograft, bone
Spectrometry Market USD 18.9 Billion by 2020
Spectrometry Market 2013-2020 report estimates the global spectrometry market to reach nearly USD 18.9 Billion in 2020, at a CAGR of 6.6% from 2016 to 2020 - iHealthcareAnalyst, Inc. Visit the Spectrometry Market 2013-2020 report The global spectrometry market report provides market size (Revenue USD Million 2013 to 2020), market share, market trends and forecasts growth trends (CAGR%, 2016 to 2020). Spectrometry is a technique used for determination of compounds by