Market Analysis
The global vascular patches market share is poised to touch
at a notable 8.0% CAGR over the predicted years 2023-2032. Vascular patches are
utilized in vascular surgeries for closing sutures. In every surgical
procedure, the primary closure of sutures needs to be done effectively.
Vascular patches are made from synthetic or biological materials and are
characterized through excellent biocompatibility. Of the different types, it is
the biological vascular patches that are most widely used owing to its various
advantages such as excellent biocompatibility, low suture line bleeding,
minimum infection rate and ease in use.
There are
plentiful factors that is boosting the growth of the vascular patches market report. These factors as per the Market Research Future
(MRFR) report include rapidly increasing geriatric population, prevalence of
vascular diseases, growing number of vascular surgeries being performed,
growing use of biological patches, need for minimally invasive surgeries and
increasing product launches and research and development investments. On the
contrary, scarcity of skilled professional, mishandling, decrease in carotid
endarterectomy surgeries owing to low preference are factors that may restrict
the growth of the vascular patches market.
Key Players
Vascular patches market players are include Baxter International Inc. (U.S.), Edwards Lifesciences Corporation (U.S.), Labcor Laboratórios Ltda (Brazil), Admedus (Australia), CryoLife, Inc. (U.S.), W. L. Gore & Associates, Inc. (US), LeMaitre Vascular, Inc. (U.S.), Maquet (Germany), B. Braun Melsungen AG (Germany), Terumo Corporation (Japan), C.R. Bard, Inc. (U.S.) and others.
Regional Analysis
By
region, the vascular patches market insights covers growth opportunities and latest trends across
North America, Europe, Asia Pacific and Middle East and Africa. Of these, North
America will domineer the market over the predicted years and is expected to
expand at a substantial CAGR. The increasing occurrence of cardiovascular
issues in Canada and the US, growing population and increasing per capita
healthcare spending will boost the market growth in this region. Also, the
rapid uptake of latest devices and technologies in the surgical procedure and the
presence of key manufacturers is again boosting the market growth. The vascular patches market in Europe will have the second
major share due to the resurging economy, growing awareness regarding vascular
patches and procedure advancements and increasing per capita healthcare
expenses. The vascular patches market in the APAC region will grow at the
fastest pace over the predicted years owing to growing healthcare sector in
India and China, increasing geriatric populace, growing awareness regarding
healthcare and rising incidence of people suffering from various chronic
coronary diseases.
Market Segmentation
MRFR report provides an extensive segmental analysis of the vascular patches market on the basis of application, material and end-user.
Based on material, it is segmented into synthetic vascular patches and biologic vascular patches. Of these, the biologic vascular patches will have the maximum share in the market over the predicted years followed by synthetic vascular patches that will grow at the fastest pace.
Based on application, the vascular patches market outlook is segmented into open repair of abdominal aortic aneurysms vascular bypass surgery and carotid endarterectomy. Of these, carotid endarterectomy will dominate the market followed by open repair of abdominal aortic aneurysms vascular bypass surgery which will grow at the fastest rate.
Based on end-user, it is segmented into ambulatory surgical centers, hospitals and clinics and others. Of these, hospitals and clinics will rule the market followed by ambulatory surgical centers that will grow at the fastest pace.
About US:
Market Research Future (MRFR), enable customers to unravel
the complexity of various industries through Cooked Research Report (CRR),
Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed
Research (CFR), and Market Research & Consulting Services.
Contact us:
Market Research Future (part of Wantstats Research and Media
Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013
United States of America
No comments:
Post a Comment