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High Prevalence Of Vascular Diseases Drives Global Vascular Grafts Market: An Emerging Driver Transforming The Vascular Grafts Market Landscape
The Vascular Grafts Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Vascular Grafts Market?
In recent years, there has been consistent growth in the size of the vascular grafts market. The market is projected to expand from $3.25 billion in 2024 to $3.38 billion in 2025, with a compound annual growth rate (CAGR) of 4.0%. Factors contributing to this increase during the historic period include a rise in cardiovascular diseases (CVDs), a growing elderly population, powerful economic development in emerging markets, elevated healthcare spending, and an expansion in the number of healthcare facilities.
The market for vascular grafts is projected to enjoy sustained growth over the coming years, reaching $3.99 billion by 2029 with a compound annual growth rate (CAGR) of 4.3%. This growth during the forecast period can be attributed to a variety of factors, including the rising numbers of kidney diseases, an upward trend in hypertension cases, increasingly sedentary lifestyles, a rapidly aging population, a surge in diabetes cases, increased cardiovascular diseases (CVDs), and increased healthcare spending. Key trends projected for the forecast period involve investments in cutting-edge technology to enhance compatibility with smaller vascular grafts, pouring funds into technologies like 3D cell printing for better safety and ultimately higher success rates, investing in cell-free vascular grafts, the use of monitoring technology such as smart patches or self-monitoring devices, and pushing funds into research and development for newer, more innovative solutions to improve patient care.
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What Are the Different Vascular Grafts Market Segments?
The vascular grafts market covered in this report is segmented -
1) By Product: Hemodialysis Access Graft, Endovascular Stent Graft, Peripheral Vascular Graft, Coronary Artery By-pass Graft
2) By Raw Material: Polyester Grafts, Polytetrafluoroethylene Grafts, Polyurethane Grafts, Biosynthetic Grafts
3) By Application: Coronary Artery Disease, Aneurysm, Vascular Occlusion, Renal Failure
4) By End-User: Hospitals, Ambulatory Surgical Centers
Subsegments:
1) Hemodialysis Access Graft: Synthetic Grafts, Biological Grafts
2) Endovascular Stent Graft: Aneurysm Stent Grafts, Thoracic Stent Grafts, Abdominal Stent Grafts
3) Peripheral Vascular Graft: Synthetic Grafts, Biological Grafts
4) Coronary Artery Bypass Graft (Cabg): Arterial Grafts, Venous Grafts
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What Are the Primary Drivers Shaping the Vascular Grafts Market?
The global vascular grafts market is experiencing growth, largely due to the increasing incidence of vascular illnesses. Research from the US National Center for Biotechnology Information reveals that cardiovascular ailments are the primary cause of global fatalities. The American Heart Association's statistics support this, showing that myocardial infarction affected approximately 7.9 million individuals annually in the US. Furthermore, 720,000 novel heart attacks and 335,000 recurring heart attacks are expected each year in the US. Also, statistics provided by NHS Inform, Scotland's national health service, indicate that around 20,000 coronary bypass grafts are performed annually in England. Therefore, these high rates of vascular disease occurrences are expected to propel the global vascular grafts market.
Which Companies Are Leading in the Vascular Grafts Market?
Major companies operating in the vascular grafts market include B. Braun Melsungen AG, Abbott Laboratories, Becton Dickinson and Company, Cardinal Health Inc., W. L. Gore & Associates Inc., Terumo Medical Corporation, Medtronic Plc, Getinge, Endologix, Cook Medical, MicroPort, CR Bard, Biovic, Creganna, Novomed Incorporation Private Limited, Marizyme Inc., Gore Medical, LeMaitre Vascular, Olympus Medical Systems Corporation, Japan Lifeline, JOTEC, Vascutek, RUA Life Sciences, Vascular Flow Technologies, Bolton Medical, Kips Bay Medical Incorporated, Cryolife, Vascular Graft Solutions Ltd.
What Are the Major Trends Shaping the Vascular Grafts Market?
The vascular grafts industry is increasingly incorporating technology in their operations to create unique vascular grafts, including tailor-made ones. For example, Terumo Aortic recently introduced RelayPro, a thoracic stent graft system. This advanced, low-profile device is specially designed for patients with smaller access vessels undergoing thoracic endovascular aortic repair (TEVAR). It provides physicians with a wide variety of diameters, lengths, tapers and proximal configurations. The device is available in both bare stent and non-bare stent (NBS) variations, and can be adapted to accommodate a patient's unique anatomical requirements.
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What Are the Top Revenue-Generating Geographies in the Vascular Grafts Market?
North America was the largest region in the vascular grafts market in 2024. Western Europe was the second largest region in the vascular grafts market report. The regions covered in the vascular grafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Vascular Grafts Market?
2. What is the CAGR expected in the Vascular Grafts Market?
3. What Are the Key Innovations Transforming the Vascular Grafts Industry?
4. Which Region Is Leading the Vascular Grafts Market?
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