openPR Logo
Press release

Vascular Graft Market to Reap Excessive Revenues by 2024

03-28-2018 02:18 PM CET | Health & Medicine

Press release from: Transparency Market Research

Vascular Graft Market to Reap Excessive Revenues by 2024

The global vascular graft market has been foreseen by Transparency Market Research (TMR) to accommodate a handful of local implantable devices manufacturers but a number of smaller firms, apart from the existence of several long-standing companies. However, even though a large count of established players showcase their presence in the market, only a few have been researched to dominate. Key enterprises could be engaged in an intense rivalry, given the scenario. In 2016, close to a 93.5% of the total market had been occupied by LeMaitre Vascular, Inc., W. L. Gore & Associates, Inc., Medtronic plc, CRYOLIFE, INC., Cook Medical, Inc., MAQUET Holding B.V. & Co. KG (Getinge AB), Vascutek Ltd. (Terumo Company), B. Braun Melsungen AG, and C.R. Bard.

TMR has prognosticated the global vascular graft market to rise at a 5.0% CAGR during the forecast timeframe 2016-2024 to earn a revenue of US$3.29 bn by 2024. In 2015, the market had earned a US$2.15 bn. In 2016, the hospitals segment by end user had secured a 41.8% share in the market. In the same year, North America had emerged as a leading region with a 45.0% share under its belt.

View Report Overview -

Snowballing Need for Hospitalization Owing to Rising Chronic Ailments Surges Demand

According to a TMR report author, the demand for vascular graft has been anticipated to increase as a response to the rising incidence of lifestyle-related disorders observed on a global platform. The occurrence of blood pressure, obesity, diabetes, and other chronic ailments has spurred in the past few years due to the common lifestyle of inadequate exercise and unhealthy living practices. In this regard, the need for proper hospitalization has propelled further, thus changing the course of trends toward a mounting adoption of vascular graft.

Get a Sample of this Research Report:

The world vascular graft market could be profoundly impacted by demographic changes. For instance, there has been an increase in the average life expectancy, which has encouraged a growth in the geriatric population worldwide. Since the aged have been more prone to chronic diseases, the demand for vascular grafts and vascular access could see a rise in the coming years. Moreover, promising reimbursement policies have been projected to support growth in the market. The market could witness an expansion in the foreseeable future while riding on the back of government initiatives directed toward the provision of better healthcare.

Risk-bearing Nature of Vascular Graft Intimidates Patients, Leading to Slow Demand

As analyzed by seasoned analysts, the international vascular graft market could be hindered by the lack of regulatory approval. The situation could become complex for market players on account of varied healthcare economics and regulatory environment in different regions. Apart from this, the surgical procedure could be risk-bearing since there could be a chance of incurring life-threatening disorders due to a heavy flow of blood during arteriovenous access. This could make patients and their families skeptical about vascular graft. The market could come across bottlenecks in its growth path because of slow growth rate and rising pricing pressure.

However, these challenges of the international vascular graft market have been envisaged to be toned down with the advent of technologically innovative and advanced products that reduce risks associated with the procedure.

Enquiry for discount on this report -

More Trending Reports by Transparency Market Research –

Viral Conjunctivitis Pipeline Drugs Market -

Dental Membrane and Bone Graft Substitutes Market -

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vascular Graft Market to Reap Excessive Revenues by 2024 here

News-ID: 996309 • Views: 84

More Releases from Transparency Market Research

Water Purifier Market - Competitive Dynamics, Trends, Forecast 2027
Transparency Market Research delivers key insights on the global water purifier market. In terms of revenue, the global water purifier market is estimated to expand at a CAGR of ~ 9% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the water purifier market report. Browse Report Details: Water purifiers help in removing bacterial contaminants and viruses from water and make it safe
Sheet Face Masks Market Leading Vendors: Sephora Inc. Boss Biological Technique …
The Sheet face masks market promises robust growth during 2018-2026, thanks to rising demand for sheet face mask products. Growing demand for personal hygiene products, and beautification products are expected to drive significant growth. The rising demand for natural ingredients in sheet face masks products is expected to emerge as the largest trend in the market. Browse Report Details: Sheet face masks are often associated with a certain prestige and rejuvenating
Global Nail Care Market to Reach US$ 20,940.2 Mn by 2027
According to a new research report published by Transparency Market Research titled ‘Nail Care Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global nail care market is expected to reach a value of US$ 20,940.2 Mn by 2027, expanding at a CAGR of 8.4% from 2019 to 2027. In terms of volume, the market is expected to reach 1,494.2 Mn units by 2027, expanding at
Industrial Dispensing System and Equipment Market to Reach ~ US$ 16.7 Bn by 2027
Transparency Market Research delivers key insights on the global industrial dispensing system and equipment market. In terms of revenue, the global industrial dispensing system and equipment market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the industrial dispensing system and equipment market report. Browse Report Details: Industrial dispensing systems and equipment are

All 5 Releases

More Releases for Graft

Glass Graft Polyols Market 2019| BASF SE, Sinopec, Shell, Oltchim, The Dow Chemi …
Market Research Hub (MRH) has actively included a new research study titled “Global Graft Polyols Market” Research Report 2019 to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future market scenarios extending up to the period until forecast period limit; 2025. In
Hemodialysis Access Graft Market trend, outlook 2025
Hemodialysis is one among the three renal replacement therapies used for extracorporeal separation of waste components from the blood in case of kidney failure. Hemodialysis access, also known as vascular access, is a way to access blood for hemodialysis, which can be obtained by three different ways, a fistula, a graft, and a catheter. Hemodialysis access graft are the U-shaped plastic tube used for hemodialysis, which join an artery and
Dental Bone Graft and Substitutes Market Insights
Bone graft materials are available in varieties such as allografts, xenografts, and synthetic substitutes and can be custom made according to the need of the patient, which makes it convenient for both, the physician and patient driving the growth of the market. Bone grafts are widely available from various sources such as from patients, from another donor, from animal sources, or are synthetically made. Furthermore, advancements in technology has led
Innovation in Bone Graft Techniques Drives the Global Dental Membrane and Bone G …
Dental membrane and bone graft substitutes is used in the bone graft surgeries. Bone graft surgery is required when tooth is lost by accidents, dental disease and old age. According to WHO, Globally, about 30% of people aged 65–74 have no natural teeth and Across the world, 16-40% of children in the age range 6 to12 years old are affected by dental trauma due to unsafe playgrounds, unsafe schools, road
Global Bone Graft Substitutes Market snapshot 2027
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Bone Graft Substitutes Market - To provide insights about factors affecting the market growth - To Analyze the Global Bone Graft Substitutes Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc. Get Sample Copy @ - To provide historical and
Vascular Graft Market Shows Highest Growth Potential
Vascular surgical procedure remains often invasive and needs prolonged hospital stays. Conventional vascular surgery comprises of opening the body, cutting vessels, and closing it by means of sutures, it consist of procedures such as carotid endarterectomy, open abdominal aneurysm repair and lower extremity bypass surgery. In contrast, majority of vascular graft procedures are usually are minimally invasive besides involve repairing vessels from inside. Catheter-based devices are introduced through a minor