Cardiovascular and Soft Tissue Repair Market Next-Gen Patches Innovation Driving Growth 2024-2031

Cardiovascular And Soft Tissue Repair Patch Market worth $ 7.03 Billion by 2030 - Exclusive Report by Insightace Analytics

Insightace Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global Cardiovascular And Soft Tissue Repair Patch Market- by Product Type (Synthetic Patch, Biologic Patch, Xenogeneic Patch and Allogeneic Patch), Application (Cardiovascular Repair, Cardiac Reconstruction, Vascular Reconstruction, Soft Tissue Repair, Abdominal Wall Reconstruction, Thoracic Wall Reconstruction, Dural Reconstruction, Hernia Repair and Others), End-User (Hospitals, Ambulatory Surgical Centers and Specialty Clinics), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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Insightace Analytics estimated the global market for cardiovascular and soft tissue repair patches to be worth US$ 3.23 billion in 2021. With a compound annual growth rate of 9.4% for the 2024-2031 forecast period, it is anticipated to reach US$ 7.03 billion by 2030. Vascular repair, soft tissue repair, and restoration techniques all use patches for vascular and soft tissue healing.

The rising incidence of heart defects, such as ventricular and atrial septal defects in surgical procedures and sports accidents, is driving the need for cardiovascular and soft tissue repair patches. It is projected that more hernias, such as congenital diaphragmatic and inguinal hernias, will be found globally. There is an increasing prevalence of congenital heart diseases, such as ventricular and atrial septal abnormalities.

Together with growing technological advancements and R&D (research and development) expenditures, these factors are credited with the growth. The primary drivers of this market are advances in technology and the rising incidence of congenital cardiac conditions, such as ventricular and atrial septal abnormalities. As patches play a more significant role in diagnosing and treating cardiac and soft tissue issues, major manufacturers, research organizations, and raw material suppliers are collaborating to develop innovative solutions. Major industry players are also focusing on developing state-of-the-art technologies based on tissue engineering materials, which are expected to drive the market for cardiovascular and soft tissue repair patches ahead.

The region's market is growing due to the presence of cutting-edge healthcare infrastructure, key businesses, and a plethora of research initiatives. Furthermore, a significant driver of positive regional growth is the rising incidence of heart diseases brought on by sedentary lifestyles, junk food consumption, alcohol use, cigarette smoking, and drug usage. Sports injuries and the expanding use of patches in medical procedures are expected to drive the market in the upcoming years. Over the projected years, North America is expected to dominate the market for cardiovascular and soft tissue repair patches.

This is a result of quickly changing lifestyles, rising rates of heart disease, a rise in hernia problems, increasing alcohol and tobacco use, rising rates of obesity, and rising rates of drug addiction. Furthermore, rapid advancements in healthcare infrastructure, the growing popularity of minimally invasive surgical procedures, increasing rates of cardiac disease and medical tourism, rapid economic expansion in several countries, including China and India, an ageing population, and an increasing burden of chronic diseases are all expected to contribute to the Asia Pacific cardiovascular and soft tissue repair patch market's significant growth over the forecast period.

Edwards Lifesciences Corporation, B.D. (Becton Dickinson), W. L. Gore & Associates, Inc., CryoLife, Inc., Baxter International, Inc., Aesculap, Inc. (a B. Braun company), LeMaitre Vascular, Medtronic, FOC Medical S.A., Admedus, Bone Bank Allografts, Braile Biomédica, Glycar SA Pty Ltd., Inc., CorMatrix, Inc., Johnson & Johnson (Medical Devices Business Services, Inc.), Nurami Medical Nanofiber Technology, Medprin Regenerative Medical Technologies Co., Ltd., Terumo Corporation, South America Implants S.A., and Lamed GmbH are some of the major market players operating in the cardiovascular and soft tissue repair patch market.

Recent collaborations and agreements in the market:

• In February 2020, Terumo will introduce AQUABRID, a brand-new surgical sealant, to the EMEA market. AQUABRID is approved for use as an adjunct to well-established techniques for sealing wounds from aortic surgery, including staples, sutures, patches, and electrocautery.

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Market Segments
Global Cardiovascular And Soft Tissue Repair Patch Market, by Product Type, 2022-2030 (Value US$ Mn)
• Synthetic Patch
• Biologic Patch
• Xenogeneic Patch
• Allogeneic Patch

Global Cardiovascular And Soft Tissue Repair Patch Market, by Application, 2022-2030 (Value US$ Mn)
• Cardiovascular Repair
• Cardiac Reconstruction
• Vascular Reconstruction
• Soft Tissue Repair
• Abdominal Wall Reconstruction
• Thoracic Wall Reconstruction
• Dural Reconstruction
• Hernia Repair
• Others

Global Cardiovascular And Soft Tissue Repair Patch Market, by End-User, 2022-2030 (Value US$ Mn)
• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics

Global Cardiovascular And Soft Tissue Repair Patch Market, by region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Cardiovascular And Soft Tissue Repair Patch Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Cardiovascular And Soft Tissue Repair Patch Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Cardiovascular And Soft Tissue Repair Patch Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Cardiovascular And Soft Tissue Repair Patch Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Cardiovascular And Soft Tissue Repair Patch Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global cardiovascular and soft tissue repair patch market
 To receive an industry overview and future trends of the cardiovascular and Soft tissue repair patch market
 To analyze the cardiovascular and soft tissue repair patch market drivers and challenges
 To get information on the cardiovascular and soft tissue repair patch market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the cardiovascular and soft tissue repair patch market industry

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