Press release
Vascular Graft Market to Reach $8.14 Billion by 2030 | Growing CAGR of 4.98%
The global vascular graft market, a critical component in the surgical management of vascular diseases, is poised for significant growth, reaching a projected value of $8,138.68 million by 2030. With a market size of $4,993.64 million in 2020, the industry is experiencing a robust Compound Annual Growth Rate (CAGR) of 4.98% from 2021 to 2030.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/2435
Vascular grafting is done for the treatment of various vascular complications, such as coronary artery disease (CAD), pulmonary embolism (blood clots), deep vein thrombosis (DVT), chronic venous insufficiency (CVI), and pediatric congenital cardiovascular defects (CCDs). The high blood pressure, cholesterol deposition, cardiac injury, and infections are causative factors for vascular diseases. The diabetes, hypertension, obesity, alcohol consumption, and tobacco smoking are the risk factors for the vascular diseases. The synthetic vascular grafts are made up of expanded polytetrafluoroethylene, Dacron, and polyurethane. However, polyurethane is better able to match the compliance of native vasculature. Hemodialysis access grafts, endovascular aneurysm repair stent grafts, and peripheral vascular grafts are commonly used for vascular grafting procedures.
Factors that drive the growth of the vascular grafts market include rise in number of hospitals, increase geriatric population, and advancement in vascular surgeries. For instance, according to World Population Ageing 2019, a publication by United Nation's Department of Economic and Social Affairs (DESA), 703 million people are aged 65 years or over globally in 2019. Furthermore, surge of sedentary lifestyle and unhealthy food diet has contributed in the growth of market. Sedentary lifestyle is responsible for deposition of cholesterol in blood vessels.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/2435
๐๐๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ข๐ณ๐ข๐ง๐ ๐๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐๐๐ฅ๐ญ๐ก:
Vascular grafts, a crucial surgical intervention redirecting blood flow within the body, are instrumental in addressing a spectrum of vascular diseases. From peripheral artery disease (PAD) to deep vein thrombosis (DVT), these grafts play a vital role in the treatment of conditions affecting the circulatory system.
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
โ ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐ข๐ฌ๐๐๐ฌ๐๐ฌ: The global surge in vascular diseases, including atherosclerosis, pulmonary embolism, deep vein thrombosis, and cardiac disorders, propels the demand for vascular graft procedures.
โ ๐๐ข๐ฌ๐ ๐ข๐ง ๐๐๐ซ๐๐ข๐จ๐ฏ๐๐ฌ๐๐ฎ๐ฅ๐๐ซ ๐๐ข๐ฌ๐จ๐ซ๐๐๐ซ๐ฌ: Cardiovascular diseases, a leading cause of mortality globally, drive the adoption of vascular grafts. According to the World Health Organization, approximately 17.9 million people succumbed to cardiovascular diseases in 2019.
โ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐จ๐ฌ๐ฉ๐ข๐ญ๐๐ฅ๐ฌ: The expansion of healthcare infrastructure, marked by an increase in the number of hospitals and surgery centers, accelerates the diagnosis and treatment of vascular diseases.
๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โ Technological Advancements: Ongoing advancements in vascular graft technologies offer enhanced treatment options, contributing to the market's growth.
โ Prevalence of Cardiovascular Diseases: A substantial increase in ischemic heart disease and cardiovascular disorders underlines the urgency to develop innovative solutions and expand the use of vascular grafts.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/2435
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ: Hemodialysis Access Graft, Endovascular Aneurysm Repair Stent Grafts, Peripheral Vascular Graft
๐๐๐ฐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ๐ฌ: Polyester, Polytetrafluoroethylene (PTFE), Polyurethane, Biosynthetic
๐๐ง๐ ๐๐ฌ๐๐ซ๐ฌ: Hospitals, Ambulatory Surgical Centers (ASCs)
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
โค North America: Dominating the market, North America is a key player in the growth trajectory, driven by technological advancements and a high prevalence of cardiovascular diseases.
โค Europe: Contributing significantly to market expansion, European countries such as Germany, France, the U.K., and Italy witness increased adoption of vascular graft procedures.
โค Asia-Pacific: With rapid advancements in healthcare, Asia-Pacific emerges as a prominent region in the global market.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Major contributors to the global vascular graft market include med-electronics, inc., IntriCon Corporation, amplifon, Cochlear Ltd, William Demant Holding A/S, starkey hearing technologies, GN Store Nord A/S, American Hearing Aids, SONOVA., and WS Audiology.
๐๐๐ฏ๐ข๐ ๐๐ญ๐ข๐ง๐ ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
The Vascular Graft Market Report equips stakeholders with a comprehensive analysis, offering insights into market trends, growth strategies, and investment opportunities. As the industry evolves, stakeholders are well-positioned to navigate challenges and capitalize on the burgeoning opportunities in vascular healthcare.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
David Correa
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๐๐๐จ๐ฎ๐ญ ๐๐ฅ๐ฅ๐ข๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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