Vascular Grafts Market Growth, Trends And Forecast 2022 To 2028

Precision Business Insights published a research report on “Global Vascular Grafts Market: Based on the product (Endovascular Stent Graft, Peripheral Vascular Graft, Others), Based on Source (Synthetic, Biological), Based on Application (Vascular Occlusion, Renal Failure, Coronary Artery Disease and Others), Based on End User (Hospitals, Ambulatory Surgical Centers and Others) and Geography- Global/Region/Country Forecast to 2028”. The global vascular grafts market size was valued at USD 1.94 billion in the year 2021 and anticipated to grow at USD 2.92 billion till 2028 witnessing a CAGR rate of 6.82% during the evaluation time span 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Global Vascular Grafts Market: Based on the product (Endovascular Stent Graft, Peripheral Vascular Graft, Others), Based on Source (Synthetic, Biological), Based on Application (Vascular Occlusion, Renal Failure, Coronary Artery Disease and Others), Based on End User (Hospitals, Ambulatory Surgical Centers and Others) and Geography- Global/Region/Country Forecast to 2028”.

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Increasing cases of Diabetes Patients is fuelling the demand for the Global Vascular Grafts Market:
Vascular grafts are used for creating the vein access in patients of Hemodialysis. These vascular grafts are a tube shaped synthetic material surgically implanted into veins or arteries. These are used for vascular bypass operations. The tube size is chosen according to the artery or vein size. Increasing cases of vascular illnesses because of the changing food habits and changing lifestyle of people is mainly fuelling the global vascular grafts market. Furthermore increase in intake of tobacco, consumption of alcohol are also the leading causes of chronic diseases and anticipated to enhance the demand for the vascular grafts over the evaluation time span. Moreover, the occurrence of the cardiac arrhythmias, end stage renal illnesses and hypertension anticipated to impel the market share. On the other hand, high cost of the procedures the low reimbursement rates are anticipated to hinder the market growth over the forthcoming years.

Growing R&D to develop novel vascular grafts and expansion of applications are projected to allow global vascular grafts market to experience considerable growth rate. For example, stent graft system Endurant II AAA is developed by Medtronic for the treatment of abdominal aortic aneurysm. Moreover, the market is dynamic because of a number of both small as well as big regional market players available. Industries also aim at implementing a few strategies including acquisitions and mergers to expand the market share.

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Geographical Analysis - Global Vascular Grafts Market
On the basis of regional analysis, global vascular grafts market is categorized into different major regions such as Asia Pacific, North America, Europe, Middle East, Africa and Latin America. Amid all these regions, North America vascular grafts market is anticipated to record considerable growth rate over the evaluation time span because of the increasing cases of diabetes patients. Lifestyle changes and food habits also contribute towards fuelling the market in this region. High patient population is the major factor anticipated to speed up the Asia Pacific vascular grafts market. Europe vascular grafts market expected to record considerable growth rate due to huge acceptance of vascular grafts growth in the prevalence of cardiovascular conditions in the region over the prediction period.

Competitive Analysis - Global Vascular Grafts Market
A few of the major players working in the global vascular grafts market are R. Bard Inc., Braun, Cook Medical, Cardinal Health, LeMaitre Vascular and Endologix.

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