Vascular Graft Market Research Report-Forecast to 2030

Vascular Graft Market Research by Raw Material (Polyester Grafts, EPTFE Grafts, Polyurethane Grafts, Biosynthetic Grafts), Indication (Endovascular Aneurysm Repair, Peripheral Vascular Repair, Hemodialysis Access), End-user (Hospitals, Ambulatory Surgical Centers), and Region- Forecast till 2030

ID: MRFR/MED/5184-HCR | February 2021 | Region: Global | 100 pages

Vascular Graft Market

Vascular Graft Market is expected grow USD 5,956.93 Million at a CAGR 7.15% during the forecast 2020-2030

Segmentation

By Raw Material Polyester Grafts EPTFE Grafts Polyurethane Grafts Biosynthetic Grafts
By Indication Endovascular Aneurysm Repair Peripheral Vascular Repair Hemodialysis Access
By End User Hospitals Ambulatory Surgical Centers
BY Region Americas Europe Asia-Pacific Middle East & Africa

Key Players

  • Cardinal Health (US)
  • Gore Medical (US)
  • Terumo (Japan)
  • C. R. Bard (US)
  • Medtronic (Ireland)
  • LeMaitre Vascular (US)
  • B. Braun Melsugen AG (Germany)
  • Endologix (US)
  • Maquet (Germany)
  • Cook Medical (US)

Drivers

  • Increasing prevalence of cardiac diseases
  • end-stage renal diseases
  • Growing prevalence of diabetes
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Vascular Graft Market Overview


Vascular Graft Market is expected grow USD 5,956.93 Million at a CAGR 7.15% during the forecast 2020-2030, says market research future (MRFR). A vascular graft or vascular bypass is a surgical operation that is used to bypass a damaged artery by rerouting blood from one area of normal blood flow to another area of reasonably normal blood flow. There are numerous vascular grafts available depending on the indication and the raw materials utilized to construct the graft. Vascular grafts are used to provide access for hemodialysis and to repair aneurysms including thoracic aneurysms endovascularly.


The high frequency of abdominal aneurysms, the growing geriatric population, and the rising prevalence of smoking and other risk factors for aneurysms are the primary reasons driving this market's expansion. The global vascular grafts market is primarily driven by an increase in the prevalence of vascular diseases such as atherosclerosis, pulmonary embolism, deep vein thrombosis, and other cardiac disorders, as well as an increase in the number of hospitals and surgery centers, which facilitates disease diagnosis and treatment.


Additionally, developments in vascular disease devices are expected to add to the market's growth. Additionally, new product introductions contribute to the market's growth. However, during the projected period, product failures and recalls are expected to restrain market growth.


Major Market Key Players


Notable players of vascular graft market comprise Cardinal Health (US), Gore Medical (US), Terumo (Japan), C. R. Bard (US), Medtronic (Ireland), LeMaitre Vascular (US), B. Braun Melsugen AG (Germany), Endologix (US), Maquet (Germany), and Cook Medical (US).


Segmentation Analysis


The global vascular graft market has been segmented on the basis of raw material, indication, end-user, and region.


Based on raw material, the global vascular graft market has been segmented into polyester grafts, EPTFE grafts, polyurethane grafts, and biosynthetic grafts. While polyester grafts hold the major market share among all the segments, biosynthetic graft is considered to be the fastest growing segment.


Based on indication, the global vascular graft market has been segmented into endovascular aneurysm repair, peripheral vascular repair, and hemodialysis access. Endovascular aneurysm repair is considered to be the major segment among all the segments. The peripheral vascular repair segment is expected to be the fastest growing segment.


Based on end-user, the global vascular graft market has been segmented into hospitals and ambulatory surgical centers. Among these, the hospitals hold the major segment and are anticipated to maintain its dominance during the review period. The ambulatory surgical centers are the fastest growing segment across the globe.


Regional Analysis


The global vascular graft market span across four major regions, namely Americas, Europe, Asia-Pacific, and Middle East & Africa.


America dominates the global vascular graft market and is anticipated to maintain its dominance over the assessment period. The growth is attributed to the high prevalence of cardiovascular diseases, diabetes, and chronic kidney diseases. With the availability of state-of-the-art healthcare infrastructure and presence of reimbursement coverage, the market is set to flourish. Asia Pacific is presumed to register the fastest market growth owing to the growing prevalence of diabetes and cardiovascular diseases in this region. Also improving healthcare infrastructure and epidemiological transition which has resulted in high rate of premature death is anticipated to trigger the demand for minimally invasive grafting procedures.

Recent Development


March 2022: Cue Health Inc., a healthcare technology firm, and Cardinal Health, a global leader in the vascular graft industry, today announced the expansion of distribution of Cue's COVID-19 tests for professional usage and over-the-counter use. Cardinal Health was chosen as one of Cue's key distributors because to its demonstrated expertise in assisting in the commercialization of diagnostic technology. Cardinal Health serves almost 90% of US hospitals and over 60,000 pharmacies. This agreement will assist Cue's breakthrough nucleic acid amplification test (NAAT) expand its reach into both traditional and non-traditional healthcare settings. Cardinal Health is trusted by customers across the country to deliver high-quality laboratory goods, and Cue shares their aim of putting diagnostic information at the heart of care.


Vascular Graft Market by Raw Material



  • Polyester Grafts

  • EPTFE Grafts

  • Polyurethane Grafts

  • Biosynthetic Grafts


Vascular Graft Market by Indication



  • Endovascular Aneurysm Repair

  • Peripheral Vascular Repair

  • Hemodialysis Access


Vascular Graft Market by End User



  • Hospitals

  • Ambulatory Surgical Centers


Vascular Graft Market by Region



  • Americas

  • Europe

  • Asia Pacific

  • Middle East & Africa


Research Methodology


Data analysts at Market Research Future ensure objective analysis of the market while preparing market research reports by engaging set of standards which allow a comprehensive view of the market and its several components. Several factors comprising economic growth, government expenditure, supply channels and distribution channels have been scrutinized effort to relay precise information. Also, market-size estimation and validation use top-down and bottom-up approaches in order to obtain data from the demand and supply side. Analysis of data have been performed by using research framework suited to the specific industry. The frameworks are developed by the MRFR team which serves as a research standard that provides tools to create dependable market reports.



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD 5956.93 Billion
  CAGR   7.15% CAGR (2020-2030)
  Base Year   2019
  Forecast Period   2020-2030
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Raw material, Indication, End-user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cardinal Health (US), Gore Medical (US), Terumo (Japan), C. R. Bard (US), Medtronic (Ireland), LeMaitre Vascular (US), B. Braun Melsugen AG (Germany), Endologix (US), Maquet (Germany), and Cook Medical (US).
  Key Market Opportunities

  • High treatment cost
  • Complications related to prosthetic grafts
  •   Key Market Drivers

  • Increasing prevalence of cardiac diseases, end-stage renal diseases
  • Growing prevalence of diabetes, coronary artery diseases, cardiac aneurysms, and hypertension


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    Frequently Asked Questions (FAQ) :

    The vascular graft market is projected to grow at an 7.15% CAGR between 2020-2030.

    The vascular graft market predicted to touch USD 5956.93 million by 2030

    The Americas is projected to command the largest share in the vascular graft market.

    Hospitals will lead the vascular graft market.

    Different strategies used by market players to create a dominance in the vascular graft market include collaborations, product development, strategic alliances, and others.