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Cardiac Disease Epidemic Fuels Surge In Cardiovascular And Soft Tissue Repair Patch Market Emerges as a Core Driver of the Cardiovascular And Soft Tissue Repair Patches Market in 2025
Cardiovascular And Soft Tissue Repair Patches
What Is the Expected CAGR for the Cardiovascular And Soft Tissue Repair Patches Market Through 2025?
In recent years, the market size for cardiovascular and soft tissue repair patches has seen a significant uptick. The market is projected to expand from $4.39 billion in 2024 to $4.88 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 11.2%. Factors contributing to the growth during the historical period include an aging population, increase in chronic illnesses, heightened awareness leading to early detection, improvements in healthcare infrastructure, and a high demand for hernia repairs.
What's the Projected Size of the Global Cardiovascular And Soft Tissue Repair Patches Market by 2029?
The market for cardiovascular and tissue repair patches is anticipated to experience a swift expansion in the upcoming years, estimating its worth to reach $7.38 billion by 2029 with a compound annual growth rate (CAGR) of 10.9%. The growth for the forecasted period can be credited to factors such as less invasive procedures, improved diagnostic tools, growing demand for individualized medicine, and accelerated research and development activities. The predicted period will also see major trends including technological breakthroughs, progress in surgical methods, advancements in the field of regenerative medicine, 3D printing, and the incorporation of data analysis and artificial intelligence (AI).
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Top Growth Drivers in the Cardiovascular And Soft Tissue Repair Patches Industry: What's Accelerating the Market?
The cardiovascular and soft tissue repair patches market is projected to witness significant growth on the back of escalating demand for patches in heart-related diseases. These categories of disorders are associated with the heart and blood vessels. Lifestyle choices, alongside smoking and alcohol consumption, are driving the need for patches for cardiac diseases. For instance, data from the Centers for Disease Control and Prevention, a public health agency located in Georgia, revealed that in 2022, heart disease caused 702,880 deaths, making it responsible for 1 out of every 5 fatalities. This implies that every 33 seconds, a person succumbs to cardiovascular disease. Each year, about 805,000 Americans suffer a heart attack, out of which 605,000 are facing their first heart attack, while 200,000 have had a heart attack before. As a result, the escalating demand for cardiac disease patches will fuel the growth of the cardiovascular and soft tissue repair patches market in the forthcoming years.
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What Trends Will Shape the Cardiovascular And Soft Tissue Repair Patches Market Through 2029 and Beyond?
The progression of technology is a primary trend gaining traction in the cardiovascular and soft tissue repair patches industry. Numerous businesses in this sector are advancing new products or technologies to bolster demand within the market. For example, in October 2022, Dozee, a company based in India that specializes in artificial intelligence and healthcare technology, unveiled an AI-equipped ECG patch for distant heart monitoring. The ECG patch is intentionally small, flexible, lightweight and user-friendly, allowing physicians to receive alerts remotely as well as view live and ongoing ECG readings of patients.
What Are the Main Segments in the Cardiovascular And Soft Tissue Repair Patches Market?
The cardiovascular and soft tissue repair patches market covered in this report is segmented -
1) By Raw Materials: ePTFE, Biomaterial And Tissue-Engineered Material, Other Raw Materials
2) By Product: Synthetic Patch, Biologic Patch
3) By Application: Cardiac Repair, Atrial Septal Defect, Common Atrium, Defects Of The Endocardial Cushion, Ventricular Septal Defect, Tetralogy Of Fallot, Right Ventricular Outflow Tract Reconstruction, Suture Bleeding, Vascular Repair And Reconstruction, Transposition Of The Great Vessels
4) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics
Subsegments:
1) By ePTFE (Expanded Polytetrafluoroethylene): Non-Absorbable ePTFE Patches, Absorbable ePTFE Patches
2) By Biomaterial and Tissue-Engineered Material: Collagen-Based Patches, Synthetic Polymer-Based Patches (e.g., Polypropylene, Polyurethane), Decellularized Tissue Patches
3) By Other Raw Materials: Silicones, Hydrogel-Based Materials, Natural Materials
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Which Top Companies are Driving Growth in the Cardiovascular And Soft Tissue Repair Patches Market?
Major companies operating in the cardiovascular and soft tissue repair patches market include B Braun, Baxter International Inc., CorMatrix Cardiovascular Inc., Cryolife Inc., Edwards Lifesciences Corporation, LeMaitre Vascular Inc., Anteris Technologies Limited, Abbott Laboratories, Terumo Medical Corporation, Integra LifeSciences Corporation, W. L. Gore & Associates Inc., Arthrex Inc., Johnson & Johnson, Stryker Corporation, LifeCell Corporation, Medtronic Inc., ACell Inc., Tissue Regenix Group Plc, Aroa Biosurgery Ltd., Zimmer Biomet, LifeNet Health Inc., Becton Dickinson and Company, Boston Scientific Corporation, Cook Medical, Endologix Inc., Getinge AB, Vascular Solutions Inc., AngioDynamics Inc., Merit Medical Systems Inc., Penumbra Inc., Glycar SA Pty Ltd., Biointegral Surgical Inc., Admedus Ltd., LabCor Corp., Smith & Nephew plc, Organogenesis Inc.
Which Regions Will Dominate the Cardiovascular And Soft Tissue Repair Patches Market Through 2029?
North America was the largest region in the cardiovascular and soft tissue repair patches market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cardiovascular and soft tissue repair patches market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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