Global Vascular Grafts Market

Vascular Grafts Market Size, Share, Growth Analysis, By Product(Hemodialysis Access Grafts, Endovascular Stent Grafts, Coronary Artery By-Pass Grafts, Vascular Grafts for Aorta Disease), By End User(Hospitals, Ambulatory Surgical Centers, and Others), By Application(Cardiac Aneurysm, Kidney Failure, Vascular Occlusion, and Coronary Artery Disease), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2177 | Region: Global | Published Date: September, 2024
Pages: 242 | Tables: 120 | Figures: 68

Vascular Grafts Market Regional Insights

North America secures the top spot when it comes to global vascular grafts demand. The presence of a developed healthcare infrastructure, high healthcare spending potential, and rising prevalence of diseases requiring vascular treatment and surgeries are helping the high vascular grafts market share of this region. The United States is slated to emerge as the most opportune market in North America owing to surge in geriatric patient population. Canada is also estimated to boost the demand for vascular grafts in this region going forward. Availability of favorable reimbursement policies and quick adoption of advanced medical technologies are also expected to bolster market growth in North America through 2031.  

Asia-Pacific is expected to emerge as the fastest-expanding regional market for vascular graft companies in the world. Rising investments in healthcare infrastructure development, growing adoption of vascular surgeries, and increasing healthcare spending are slated to help bolster sales of vascular grafts in the future. Japan is slated to be a highly opportune market as senescent population reaches new heights in the country. China and India are also estimated witness a robust hike in demand for vascular grafts over the coming years. High incidence of diabetes and hypertension among people in this region will also create new opportunities for vascular graft companies in the long run.

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FAQs

Global Vascular Grafts Market size was valued at around USD 1.5 billion in 2022 and is expected to rise from USD 1.6 billion in 2023 to reach a value of USD 2.8 billion by 2031, at a CAGR of 7.2% over the forecast period (2024–2031).

Vascular graft manufacturers should focus on making their products more affordable to enhance the accessibility to vascular procedures. Addressing the risks of complications and failures will also be crucial in determining the vascular grafts industry growth potential going forward. Vascular grafts providers should also focus on gaining new approvals for advanced vascular grafts designed for minimally invasive procedures.  'Medtronic ', 'Terumo ', 'C. R. Bard ', 'B. Braun Melsungen AG ', 'Cardinal Health ', 'Endologix ', 'LeMaitre Vascular ', 'Cook Medical ', 'Maquet ', 'Gore Medical'

Poor lifestyle choices and growing adoption of unhealthy habits have significantly increased the number of people suffering from cardiovascular diseases such as atherosclerosis, coronary artery disease, and peripheral artery disease.  These indications are being treated with vascular repair procedures and surgeries thereby driving vascular grafts sales as well.  

Development of Bioengineered Vascular Grafts: Bioengineered vascular grafts mimic the function of blood vessels and reduce the risk of infection and rejection that is prevalent in conventional vascular grafts.  The use of bioresorbable materials and regenerative medicine approaches in vascular graft development is expected to offer a plethora of new opportunities for new as well as established vascular graft companies in the long run.  

North America secures the top spot when it comes to global vascular grafts demand. The presence of a developed healthcare infrastructure, high healthcare spending potential, and rising prevalence of diseases requiring vascular treatment and surgeries are helping the high vascular grafts market share of this region. The United States is slated to emerge as the most opportune market in North America owing to surge in geriatric patient population. Canada is also estimated to boost the demand for vascular grafts in this region going forward. Availability of favorable reimbursement policies and quick adoption of advanced medical technologies are also expected to bolster market growth in North America through 2031.  

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Global Vascular Grafts Market

Report ID: SQMIG35A2177

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