Vascular Grafts Market Boosting the Healthcare Industry Worldwide

Transparency Market Research (TMR) has published a new report titled, "Vascular Grafts Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026". According to the report, the global vascular grafts market was valued at US$ 2,010 Mn in 2017 and is projected to expand at a CAGR of 5.0% from 2018 to 2026. Increase in incidence of cardiovascular diseases and peripheral diseases is anticipated to boost the growth of the global market from 2018 to 2026.

Get Sample Copy of the Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=62916

However, demand for vascular grafts is expected to decline during the forecast period owing to its adverse effects and stringent regulatory guidelines for new product approval. However, surge in government investment in health care infrastructure and strategic alliances among players to penetrate the emerging markets are likely to propel the global vascular grafts market during the forecast period. For instance, in April 2018, Terumo Corporation's Vascutek merged with Bolton Medical to form a single entity focused on the aortic and vascular implants market.

Endovascular Stent Grafts Segment to Capture Largest Market Share

The endovascular stent grafts segment accounted for the largest market share in 2017. The segment is anticipated to expand at a high CAGR during the forecast period, owing to increase in the number of coronary artery and CKD patients and vascular surgeons preferring graft- and stent- based surgeries. Moreover, endovascular stent graft therapy is a minimally surgical procedure and reduces the recovery time by several days.

Read Report Overview @ https://www.transparencymarketresearch.com/vascular-grafts-market.html

Large Size Vascular Graft Segment to Account for Largest Market Share

In term of size of vascular graft, the large segment is projected to account for the largest market share during the forecast period owing to the wide usage of larger grafts of diameter above 6mm in the treatment of vascular diseases due to its high patency and flexibility.

Hospitals Segment to Account for Significant Market Share

The hospitals segment held the largest share of the global vascular grafts market in 2017. Rise in awareness about advantages of hospitals such as availability of advanced devices, all levels of treatment for different surgeries, and trained staff boosts the growth of the segment. Additionally, favorable reimbursement facilities provided by hospitals through different Medicare policies also increases patient preference for surgery in hospitals.

Get Report Methodology @ https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=62916

North America Market to be driven by Rise in Vascular Surgeries, especially in U.S.

North America held major share of the global vascular grafts market in 2017, supported by high cost of technologically advanced grafts and rise in prevalence of cardiovascular diseases. Moreover, increase in R&D activities for the development of small size vascular grafts to treat small vascular diseases augment the market in the region. According to the American Heart Association (2013), around 400,000 coronary artery bypass grafting (CABG) procedures are performed each year in the U.S. alone.

L. Gore & Associates, Maquet Holding, and BD Dominated Market

Key companies operating in the global vascular grafts market and profiled in the report include W. L. Gore & Associates, Inc., Maquet Holding B.V. & Co. KG (Getinge Group), BD, LeMaitre Vascular, Inc., B. Braun Melsungen AG, Cook Medical, Medtronic plc, Artegraft, Inc., Vascutek Ltd., Vascular Graft Solution Ltd., Heat Medical Europe BV, and CryoLife, Inc. Market players adopt strategies such as expansion of product portfolio by developing new products or through acquisitions and licensing agreements.

Get Custom Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=62916

For instance, in February 2016, Vascular Graft Solutions Ltd. received unconditional IDE approval from the U.S. FDA to initiate a study to support the future premarketing approval (PMA) application for the VEST external support for coronary bypass vein grafts.

Contact

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

This release was published on openPR.