Press release
Global Vascular Grafts Market is Expected To Grow from $4.37 Billion at a CAGR of 8.1%. By 2027 | Cardinal Health, Cook Medical, Endologix, LeMaitre Vascular, Medtronic PLC.
Vascular Grafts Market
The Business Research Company's Vascular Grafts Global Market Report 2023 identifies the rising prevalence of vascular diseases is driving the growth of the global vascular grafts market. According to a study by the National Center for Biotechnology Information in the US, cardiovascular diseases are the leading cause of death in the world and according to the American Heart Association (AHA), the overall prevalence of myocardial infarction in the US was around 7.9 million per year, while the estimated annual incidence of a heart attack in the US is 720,000 new attacks and 335,000 recurrent attacks.
The global vascular grafts market grew from $2.96 billion in 2022 to $3.21 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The vascular grafts market is expected to grow from $4.37 billion in 2027 at a CAGR of 8.1%.
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Major competitors in the Vascular Grafts market are B. Braun, C. R. Bard, Cardinal Health, Cook Medical, Endologix, LeMaitre Vascular, Medtronic PLC., Getinge, Terumo Medical Corporation, and Gore Medical.
The high cost of medical treatment and complications related to prosthetic grafts are expected to restrain global vascular grafts market growth. The cost of the CABG (coronary artery bypass graft) surgery is very high in western countries.
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The Vascular Grafts Market Is Segmented -
• By Product: Hemodialysis Access Graft, Endovascular Stent Graft, Peripheral Vascular Graft, Coronary Artery By-pass Graft
• By Raw Material: Polyester Grafts, ePTFE, Polyurethane Grafts, Biosynthetic Grafts
• By Application: Coronary Artery Disease, Aneurysm, Vascular Occlusion, Renal Failure
• By End-User: Hospitals, Ambulatory Surgical Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Vascular Grafts market.
The Business Research Company's "Global Vascular Grafts Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Vascular Grafts Market Include:
1. Executive Summary
2. Vascular Grafts Market Characteristics
3. Vascular Grafts Market Trends And Strategies
4. Vascular Grafts Market - Macro Economic Scenario
5. Vascular Grafts Market Size And Growth
.....
26. Africa Vascular Grafts Market
27. Vascular Grafts Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vascular Grafts Market
29. Vascular Grafts Market Future Outlook and Potential Analysis
30. Appendix
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