Press release
Cardiovascular and Soft Tissue Repair Patch Market Gears Up for Growth Repairing Hearts and Tissues
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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Cardiovascular and Soft Tissue Repair Patches Market: Poised for Growth with Rising Heart Disease and Technological Advancements
InsightAce Analytics projects a promising future for the global cardiovascular and soft tissue repair patches market, estimating a value of US$7.03 billion by 2030 and a CAGR of 9.4% from 2022 onwards.
These patches play a vital role in various procedures, including vascular repair, soft tissue repair, and restoration of damaged tissues.
Several factors are driving market growth:
• Increasing Incidence of Heart Defects: Rising cases of congenital heart defects, like ventricular and atrial septal abnormalities, necessitate the use of these repair patches.
• Growing Hernia Procedures: The global prevalence of hernias, including inguinal and congenital diaphragmatic hernias, is expected to increase, leading to a higher demand for repair patches.
• Technological Advancements: Continuous advancements in patch technology, including the use of tissue engineering materials, are offering more effective solutions for treating cardiac and soft tissue conditions.
• Collaboration for Innovation: Leading manufacturers, research institutions, and raw material suppliers are actively collaborating to develop innovative repair patches with improved functionality.
These advancements, coupled with a growing focus on minimally invasive procedures, are expected to significantly impact the market.
Geographic Growth Trends:
• North America: This region is anticipated to remain dominant due to factors like changing lifestyles, rising heart disease rates, increasing hernia surgeries, growing obesity rates, and advanced healthcare infrastructure.
• Asia Pacific: The Asia Pacific market is expected to witness significant growth due to rapid economic development in countries like China and India, an aging population, and an increasing burden of chronic diseases, including heart disease, and rising medical tourism.
Overall, the cardiovascular and soft tissue repair patches market presents a promising outlook driven by the growing prevalence of heart conditions, technological advancements, and increasing demand for minimally invasive procedures.
Major market players operating in the cardiovascular and soft tissue repair patch market include Edwards Lifesciences Corporation, BD (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 among others.
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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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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