Vascular Graft Market : Geographic Snapshot
Vascular Graft Market by Indication (EVAR, Abdominal Aneurysm Repair, Thoracic Aneurysm, Peripheral Vascular Repair), Raw Material (Polyester, ePTFE, Polyurethane, Biosynthetic), End Users (Hospital, Ambulatory Surgery Center)
(EMAILWIRE.COM, November 13, 2018 ) The global vascular graft market is dominated by North America, followed by Europe. North America will continue to dominate the global market during the forecast period. Factors such as the rising government initiatives and increasing healthcare expenditure and increasing research and development in the field of vascular grafts research are driving the growth of the market in this region.
The global vascular graft market is expected to reach USD 3.80 Billion by 2022 from USD 2.67 Billion in 2017, at a CAGR of 7.3%. Growth in the market is mainly driven by the constant growth in the geriatric population and the corresponding prevalence of aneurysms, increasing incidence of end-stage renal disease, and the growing preference for minimally invasive surgeries.
The global market is segmented by raw material, indication, end user, and regions. Based on raw material, the market is segmented into ePTFE grafts, polyester grafts, polyurethane grafts, and biosynthetic grafts. Polyester grafts are expected to dominate this market in 2017. Advantages such as the high patency, greater lifespan, and higher porosity of polyester grafts are majorly responsible for the high demand and adoption of polyester grafts among end users. This segment is also estimated to register the highest CAGR during the forecast period.
Request FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=179457001
Based on end users, the market is segmented into hospitals and ambulatory surgical centers (ASCs). The hospitals segment dominated the market in 2017 and is expected to grow at the highest CAGR during the forecasted period. The high growth of this segment is attributed to factors such as the rising number of minimally invasive surgical procedures in hospitals and favorable reimbursement scenario for vascular grafts in most developed countries.
The major players operating in this market are B. Braun (Germany), C. R. Bard (US), Cardinal Health (US), Cook Medical (US), Endologix (US), LeMaitre Vascular (US), Medtronic (Ireland), Maquet (Germany), Terumo (Japan), and Gore Medical (US).
The global vascular graft market is expected to reach USD 3.80 Billion by 2022 from USD 2.67 Billion in 2017, at a CAGR of 7.3%. Growth in the market is mainly driven by the constant growth in the geriatric population and the corresponding prevalence of aneurysms, increasing incidence of end-stage renal disease, and the growing preference for minimally invasive surgeries.
The global market is segmented by raw material, indication, end user, and regions. Based on raw material, the market is segmented into ePTFE grafts, polyester grafts, polyurethane grafts, and biosynthetic grafts. Polyester grafts are expected to dominate this market in 2017. Advantages such as the high patency, greater lifespan, and higher porosity of polyester grafts are majorly responsible for the high demand and adoption of polyester grafts among end users. This segment is also estimated to register the highest CAGR during the forecast period.
Request FREE Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=179457001
Based on end users, the market is segmented into hospitals and ambulatory surgical centers (ASCs). The hospitals segment dominated the market in 2017 and is expected to grow at the highest CAGR during the forecasted period. The high growth of this segment is attributed to factors such as the rising number of minimally invasive surgical procedures in hospitals and favorable reimbursement scenario for vascular grafts in most developed countries.
The major players operating in this market are B. Braun (Germany), C. R. Bard (US), Cardinal Health (US), Cook Medical (US), Endologix (US), LeMaitre Vascular (US), Medtronic (Ireland), Maquet (Germany), Terumo (Japan), and Gore Medical (US).
Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results