Press release
Global Vascular Grafts Devices Market to reach USD 3.90 Billion at a CAGR of 6.38% by 2028, Estimates DelveInsight | 3BD, Getinge AB, Medtronic, B. Braun Melsungen AG, Cardinal Health, Terumo Corporation
As per DelveInsight's assessment, the Vascular Grafts Devices Market is expected to grow at an immense pace in the coming years owing to the The increasing prevalence of pandemic such as COVID-19, Pre- and post-operation and some few of the other applications where Vascular Grafts Devices have been used, which is expected to drive the demand for Vascular Grafts Devices in the upcoming years.DelveInsight's "Vascular Grafts Devices Market" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Vascular Grafts Devices companies actively working in the market.
Vascular Grafts Devices
Cardiovascular devices are covered under materials science. Artificial vascular graft materials are utilised to replace entire portions of bigger arteries like the aorta and to patch up damaged or diseased artery segments. They are also employed as sewing cuffs, like the heart valve mentioned before.
Vascular Grafts Devices Market Insights
Geographically, In the market for vascular graft devices, North America is predicted to hold a sizeable market share. Because of the rising prevalence of lifestyle disorders, the growing geriatric population, the rising prevalence of cardiovascular disorders like peripheral artery disease and aortic aneurysms, and the region's growing emphasis on product development, North America is predicted to hold the largest market share.
To know more about why North America is leading the market growth in the Vascular Grafts Devices market, get a snapshot of the report Vascular Grafts Devices Market Trends
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Recent Developments in the Vascular Grafts Devices Market Report
• In October 2021, The Treo abdominal aortic stent transplant system from Terumo Aortic was launched commercially in Japan after receiving regulatory approval. The Treo device is approved as a treatment for abdominal aortic aneurysms by the Japanese Pharmaceuticals and Medical Devices Agency (PMDA).
• In June 2020, LeMaitre Vascular, Inc. obtained Artegraft, Inc.'s operations and assets for USD 90.0 million, giving it access to the company's line of biologic vascular grafts.
• In March 2020, For their product SOLARIS, a vascular endograft intended to treat peripheral vascular disease, SCITECH gained regulatory approval. The gadget was given the CE label.
• Thus, owing to such developments in the market, rapid growth will be observed in the Vascular Grafts Devices market during the forecast period
To read more about the latest highlights related to Vascular Grafts Devices, get a snapshot of the key highlights entailed in the Vascular Grafts Devices
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Key Players in the Vascular Grafts Devices Market
Some of the key market players operating in the Vascular Grafts Devices market include- 3BD, Getinge AB, Medtronic, B. Braun Melsungen AG, Cardinal Health, Terumo Corporation, W. L. Gore & Associates, Inc., JOTEC GmbH, LeMaitre Vascular, Inc., Perouse Medical, CryoLife, Inc, BIOVIC Sdn Bhd, Abbott, Bentley, BioIntegral Surgical, Cook, Merit Medical Systems, and others.
COVID-19 Impact Analysis on the Vascular Grafts Devices Market
The market for vascular graft devices is expected to rise due to the rising incidence of renal failure brought on by the rising number of diabetes patients.
Additionally,Due to the execution of steps to stop the global spread of the COVID-19 infection, sales in the market for vascular graft devices decreased. The cessation of targeted treatments and termination of outpatient sessions during the COVID-19 epidemic was one of the most crucial actions. As a result of the global healthcare system changing its work flow to account for the patient lag brought on by the COVID-19 infection, this decreased the market demand for such devices. During the 2020 lockdown period, the product demand in the vascular grafts market grew at a sluggish rate. So, during the projected period, the market for Vascular Grafts Devices is anticipated to continue expanding (2023-2028).
Scope of the Vascular Grafts Devices Market Report
• Coverage: Global
• Study Period: 2020-2028
• Vascular Grafts Devices Market Segmentation By Product Type: Endovascular Grafts [Abdominal And Thoracic], Access Grafts, Peripheral Grafts, And Others
• Vascular Grafts Devices Market Segmentation Type: Knitted, Woven, And Others
• Vascular Grafts Devices Market Segmentation By End-User: Hospitals, Ambulatory Surgical Centers, And Others
• Vascular Grafts Devices Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Vascular Grafts Devices Companies: BD, Getinge AB, Medtronic, B. Braun Melsungen AG, Cardinal Health, Terumo Corporation, W. L. Gore & Associates, Inc., JOTEC GmbH, LeMaitre Vascular, Inc., Perouse Medical, CryoLife, Inc, BIOVIC Sdn Bhd, Abbott, Bentley, BioIntegral Surgical, Cook, Merit Medical Systems, among others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View
DelveInsight Analysis: The Global Vascular Grafts Devices market size was valued approximately USD 2.70 billion in 2021 and is anticipated to grow with a CAGR of 6.38% during the forecasted period (2023-2028)
Which MedTech key players in the Vascular Grafts Devices market are set to emerge as the trendsetter explore @ Vascular Grafts Devices
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Table of Contents
1 Vascular Grafts Devices Market Report Introduction
2 Vascular Grafts Devices Market Executive summary
3 Regulatory and Patent Analysis
4 Vascular Grafts Devices Market Key Factors Analysis
5 Porter's Five Forces Analysis
6 COVID-19 Impact Analysis on Vascular Grafts Devices Market
7 Vascular Grafts Devices Market Layout
8 Global Company Share Analysis - Key 3-5 Companies
9 Company and Product Profiles
10 Project Approach
11. About DelveInsight
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Contact Us
Gaurav Bora
info@delveinsight.com
+1(919)321-6187
https://www.delveinsight.com/medical-devices
About DelveInsight
DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance.
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