Vascular Patches Market Research Report-Forecast till 2030

Vascular Patches Market Research Report by Material (Biologic Vascular Patches, Synthetic Vascular Patches), Application (Carotid Endarterectomy, Open Repair of Abdominal Aortic Aneurysms Vascular Bypass Surgery, and Others), End-user (Hospitals and Clinics, Ambulatory Surgical Centers, and Others), and Region- Forecast till 2030

ID: MRFR/MED/5189-HCR | August 2022 | Region: Global | 100 Pages         

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Vascular Patches Market, by Material

6.1 Introduction

6.2 Biologic Vascular Patches

Market Estimates & Forecast by region, 2020-2027

Market Estimates & Forecast country, 2020-2027

6.3 Synthetic Vascular Patches

Market Estimates & Forecast by region, 2020-2027

Market Estimates & Forecast country, 2020-2027

Chapter 7. Global Vascular Patches Market, by Application

7.1 Introduction

7.2 Carotid Endarterectomy

Market Estimates & Forecast by region, 2020-2027

Market Estimates & Forecast country, 2020-2027

7.3 Open Repair of Abdominal Aortic Aneurysms

Market Estimates & Forecast by region, 2020-2027

Market Estimates & Forecast country, 2020-2027

7.4 Vascular Bypass Surgery

Market Estimates & Forecast by region, 2020-2027

Market Estimates & Forecast country, 2020-2027

7.5 Others

Chapter 8. Global Vascular Patches Market, by End user

8.1 Introduction

8.2 Hospitals and Clinics

Market Estimates & Forecast by region, 2020-2027

Market Estimates & Forecast country, 2020-2027

8.3 Ambulatory Surgical Centers

Market Estimates & Forecast by region, 2020-2027

Market Estimates & Forecast country, 2020-2027

Chapter 9. Global Vascular Patches Market, by Region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 Republic of Korea

9.4.6 Rest of Asia Pacific

9.5 The Middle East & Africa

9.5.1 The Middle East

9.5.2 Africa

Chapter 10. Company Landscape


10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

Chapter 11. Company Profiles

11.1 Terumo Corporation

11.1.1 Company Overview

11.1.2 Product Overview

11.1.3 Financials Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 C. R. Bard, Inc.

11.2.1 Company Overview

11.2.2 Product Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 B. Braun Melsungen AG

11.3.1 Company Overview

11.3.2 Product Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 LeMaitre Vascular, Inc.

11.4.1 Company Overview

11.4.2 Business Segment Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 Maquet

11.5.1 Company Overview

11.5.2 Product Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 W. L. Gore & Associates, Inc.

11.6.1 Company Overview

11.6.2 Product Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 Admedus

11.7.1 Overview

11.7.2 Product Overview

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 CryoLife, Inc.

11.8.1 Overview

11.8.2 Product Overview

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.9 Labcor Laboratórios Ltda

11.9.1 Overview

11.9.2 Product Overview

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.10 Baxter International Inc.

11.10.1 Overview

11.10.2 Product Overview

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.11 Edwards Lifesciences Corporation

11.11.1 Overview

11.11.2 Product Overview

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 SWOT Analysis

11.12 Others

Chapter 12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s View Point

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Prediction of the Vascular Patches Industry

Chapter 13 Appendix

LIST OF TABLES

Table 1 Global Vascular Patches Market Synopsis, 2020-2027

Table 2 Global Vascular Patches Market Estimates and Forecast, 2020-2027, (USD Million)

Table 3 Global Vascular Patches Market, by Region, 2020-2027, (USD Million)

Table 4 Global Vascular Patches Market, by Material, 2020-2027, (USD Million)

Table 5 Global Vascular Patches Market, by Application, 2020-2027, (USD Million)

Table 6 Global Vascular Patches Market, by End User, 2020-2027, (USD Million)

Table 7 North America Global Vascular Patches Market, by Material, 2020-2027, (USD Million)

Table 8 North America Global Vascular Patches Market, by Application, 2020-2027,

(USD Million)

Table 9 North America Global Vascular Patches Market, by End User, 2020-2027,

(USD Million)

Table 10 US Vascular Patches Market, by Material, 2020-2027, (USD Million)

Table 11 US Vascular Patches Market, by Application, 2020-2027, (USD Million)

Table 12 US Vascular Patches Market, by End User, 2020-2027, (USD Million)

Table 13 Canada Vascular Patches Market,by Material, 2020-2027, (USD Million)

Table 14 Canada Vascular Patches Market,by Application, 2020-2027, (USD Million)

Table 15 Canada Vascular Patches Market, by End User, 2020-2027, (USD Million)

Table 16 South America Vascular Patches Market, by Material, 2020-2027, (USD

Million)

Table 17 South America Vascular Patches Market, by Application, 2020-2027, (USD

Million)

Table 18 South America Vascular Patches Market, by End User, 2020-2027, (USD

Million)

Table 19 Europe Vascular Patches Market, by Material, 2020-2027, (USD Million)

Table 20 Europe Vascular Patches Market, by Application, 2020-2027, (USD Million)

Table 21 Europe Vascular Patches Market, by End User, 2020-2027, (USD Million)

Table 22 Western Europe Vascular Patches Market, by Material, 2020-2027, (USD

Million)

Table 23 Western Europe Vascular Patches Market, by Application, 2020-2027,

(USD Million)

Table 24 Western Europe Vascular Patches Market, by End User, 2020-2027, (USD

Million)

Table 25 Eastern Europe Vascular Patches Market, by Material, 2020-2027, (USD

Million)

Table 26 Eastern Europe Vascular Patches Market, by Application, 2020-2027, (USD

Million)

Table 27 Eastern Europe Vascular Patches Market, by End User, 2020-2027, (USD

Million)

Table 28 Asia Pacific Vascular Patches Market, by Material, 2020-2027, (USD

Million)

Table 29 Asia Pacific Vascular Patches Market, by Application, 2020-2027, (USD

Million)

Table 30 Asia Pacific Vascular Patches Market, by End User, 2020-2027, (USD

Million)

Table 31 Middle East & Africa Vascular Patches Market, by Material, 2020-2027, (USD

Million)

Table 32 Middle East & Africa Vascular Patches Market, by Application, 2020-2027,

(USD Million)

Table 33 Middle East & Africa Vascular Patches Market, by End User, 2020-2027,

(USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Vascular Patches Market

Figure 3 Segmentation Market Dynamics for Global Vascular Patches Market

Figure 4 Global Vascular Patches Market Share, by Material 2020

Figure 5 Global Vascular Patches Market Share, by Application 2020

Figure 6 Global Vascular Patches Market Share, by End User, 2020

Figure 7 Global Vascular Patches Market Share, by Region, 2020

Figure 8 North America Vascular Patches Market Share, by Country, 2020

Figure 9 Europe Vascular Patches Market Share, by Country, 2020

Figure 10 Asia Pacific Vascular Patches Market Share, by Country, 2020

Figure 11 Middle East & Africa Vascular Patches Market Share, by Country, 2020

Figure 12 Global Vascular Patches Market: Company Share Analysis, 2020 (%)

Figure 13 Terumo Corporation: Key Financials

Figure 14 Terumo Corporation: Segmental Revenue

Figure 15 Terumo Corporation: Geographical Revenue

Figure 16 C. R. Bard, Inc.: Key Financials

Figure 17 C. R. Bard, Inc.: Segmental Revenue

Figure 18 C. R. Bard, Inc.: Geographical Revenue

Figure 19 B. Braun Melsungen AG ::Key Financials

Figure 20 B. Braun Melsungen AG : Segmental Revenue

Figure 21 B. Braun Melsungen AG : Geographical Revenue

Figure 22 LeMaitre Vascular, Inc. : Key Financials

Figure 23 LeMaitre Vascular, Inc. : Segmental Revenue

Figure 24 LeMaitre Vascular, Inc. : Geographical Revenue

Figure 25 MAQUET :Key Financials

Figure 26 MAQUET : Segmental Revenue

Figure 27 MAQUET . Geographical Revenue

Figure 28 W. L. Gore & Associates, Inc. : Key Financials

Figure 29 W. L. Gore & Associates, Inc. : Segmental Revenue

Figure 30 W. L. Gore & Associates, Inc. : Geographical Revenue

Figure 31 Admedus: Key Financials

Figure 32 Admedus: Segmental Revenue

Figure 33 Admedus: Geographical Revenue

Figure 35 CryoLife, Inc. : Segmental Revenue

Figure 36 CryoLife, Inc. : Geographical Revenue

Figure 37 CryoLife, Inc. : Key Financials

Figure 38 Labcor Laboratórios Ltda : Segmental Revenue

Figure 39 Labcor Laboratórios Ltda : Geographical Revenue

Figure 40 Labcor Laboratórios Ltda : Key Financials

Figure 41 Baxter International Inc.: Segmental Revenue

Figure 42 Baxter International Inc.: Geographical Revenue

Figure 43 Baxter International Inc.: Key Financials

Figure 44 Edwards Lifesciences Corporation: Segmental Revenue

Figure 45 Edwards Lifesciences Corporation: Geographical Revenue

Figure 46 Edwards Lifesciences Corporation: Key Financials

Vascular Patches Market

The global market of the vascular patches is expected to reach USD 6.1 Bn by the end of 2023, growing at approximately 8 % CAGR over the forecast period 2020-2030

Segmentation

By Material Biologic Vascular Patches Synthetic Vascular Patches
By Application Carotid Endarterectomy Open Repair Of Abdominal Aortic Aneurysms Vascular Bypass Surgery
By End-user Hospitals And Clinics Ambulatory Surgical Centers

Key Players

  • Terumo Corporation (Japan)
  • C. R. Bard
  • Inc. (US)
  • B. Braun Melsungen AG (Germany)
  • LeMaitre Vascular
  • Inc. (US)
  • Maquet (Germany)
  • W. L. Gore & Associates
  • Inc. (US)
  • Admedus (Australia)
  • CryoLife
  • Inc. (US)
  • Labcor Laboratórios Ltda (Brazil)
  • Baxter International Inc. (US)

Drivers

  • Increasing use of biological patches
  • Rising number of vascular surgeries
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Vascular Patches Market Overview:


The global vascular patches market is expected to reach USD 6.1 Bn by the end of 2020, growing at approximately 8% CAGR over the forecast period (2022-2030). The market was valued at USD 10,685.61 million in 2020. Vascular patches are used to close sutures in vascular procedures, which are commonly utilized to treat cardiovascular disorders. In all surgical operations, effective primary suture closure is critical. These patches are made of biological or synthetic materials and are known for their high biocompatibility and long-term mechanical stability. Vascular patches are easy to handle and contain a microporous structure that allows for appropriate tissue integration.


Vascular patches' high elasticity provides little suture hole leakage while maintaining high compliance. The worldwide vascular patches market is being driven by factors such as the rising number of vascular operations, the aging population, the increased use of biological patches, and the desire for minimally invasive surgeries. However, constraints such as a decrease in the number of carotid endarterectomy procedures owing to poor preference, as well as a lack of competence in the production, processing, and applications, are limiting the vascular patches market's growth.


Vascular Patches Market Segmentation:


The global vascular patches market has been segmented on the basis of material, application, end-user, and regions. By material, the market is segmented into biologic vascular patches and synthetic vascular patches. 


Among these, the segment biologic vascular patches account for the major share in 2017, whereas the synthetic vascular patches market segment accounts for the fastest growing segment.


By application, the vascular patches market is segmented into carotid endarterectomy and open repair of abdominal aortic aneurysms vascular bypass surgery


Out of these, the segment carotid endarterectomy accounts for the largest segment, whereas the open repair of abdominal aortic aneurysms vascular bypass surgery is the fastest growing segment.


By end-user, the vascular patches market is segmented into hospitals & clinics and ambulatory surgical centers, and others.  The segment hospitals & Clinics is the largest segment, whereas, the ambulatory surgical centers is the fastest growing segment.


By region, the vascular patches market is segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa. Out of these, the Americas region dominates the market, whereas the Asia Pacific region is touted to grow at a rapid pace during the forecast period.


Vascular Patches Market Regional Analysis


The Americas, led by higher health care expenditures accounts for the significant vascular patches market share. Factors such as the fastest uptake of newer technologies and devices in the surgical process are some of the essential drivers of the market. The concentration of major producers of vascular patches is fuelling the market growth.


The European region accounts for the second-largest vascular patches market due to the high disposable income and raising awareness towards the good quality vascular patches.


Whereas, the Asia Pacific region is growing rapidly driven by emerging economies such as India and China.


Gulf nations, particularly, Saudi Arabia and UAE drive the vascular patches market in the Middle Eastern region. The African region is estimated to witness moderate growth owing to poor economic & political conditions and inadequate healthcare facilities.


Vascular Patches Market - Key Players


Some of the key players profiled in the vascular patches market report are Terumo Corporation (Japan), C. R. Bard, Inc. (US), B. Braun Melsungen AG (Germany), LeMaitre Vascular, Inc. (US), Maquet (Germany), W. L. Gore & Associates, Inc. (US), Admedus (Australia), CryoLife, Inc. (US), Labcor Laboratórios Ltda (Brazil), Baxter International Inc. (US), and Edwards Lifesciences Corporation (US).

Recent Development


Terumo Corp. (Terumo) is a medical technology firm that develops and distributes a variety of medical products and equipment, including hospital and medical items. Pharmaceuticals, blood bags, disposable medical devices, nutritional food supplements, cardiovascular systems, vascular grafts, blood glucose monitoring systems, medical electronics, peritoneal dialysis, and digital thermometers are among the company's primary product categories. The headquarters of Terumo is in Tokyo, Japan.


Getinge AB's subsidiary, Maquet Holding BV & Co KG (Maquet), designs, develops and distributes medical systems. Anesthesia delivery systems, surgical assist systems, fixed equipment, mobile equipment, operation room lighting, and ceiling supply units, vascular grafts and patches, patient flow management, mobile oxygen supply, and patient flow management are among the company's primary products. Maquet provides solutions across a wide range of specializations and treatments, including interventional cardiology, vascular surgery, general surgery, orthopedics, anesthesia, laparoscopic surgery, and patient transport.


Research Methodology


The research report - Global Vascular Patches Market by Market Research Future (MRFR) comprises an in-depth primary research and the detailed analysis of qualitative as well as quantitative perspectives of various industry experts. Key opinions of market leaders enable to gain a deeper insight of the market performance. The detailed market analysis provides a clearer picture of the current market scenario including past and future market size in terms of value as well as volume alongside the technological advancement, macroeconomy, and governing factors of the market. The report provides detailed information and strategies of topnotch players in the market while providing a broad study of the various segments and regions.


For the scope of research, the report offers a comprehensive analysis of the global vascular patches market.


By Material



  • Biologic Vascular Patches

  • Synthetic Vascular Patches


By Application



  • Carotid Endarterectomy

  • Open Repair of Abdominal Aortic Aneurysms Vascular Bypass Surgery

  • Others


By End-user



  • Hospitals & Clinics

  • Ambulatory Surgical Centers


By Region



  • Americas

    • North America

    • The U.S.

    • Canada

    • South America



  • Europe

    • Western Europe

    • France

    • The U.K.

    • Germany

    • Italy

    • Spain

    • Rest of Western Europe

    • Eastern Europe



  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia Pacific



  • Middle East & Africa

    • Qatar

    • Oman

    • Kuwait

    • Saudi Arabia

    • United Arab Emirates

    • Rest of Middle East & Africa





Report Scope:
Report Attribute/Metric Details
  Market Size   USD 10,685.61 Billion
  CAGR   2020-2030: 8%
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Material, Application, End-User and Regions
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Terumo Corporation (Japan), C. R. Bard, Inc. (US), B. Braun Melsungen AG (Germany), LeMaitre Vascular, Inc. (US), Maquet (Germany), W. L. Gore & Associates, Inc. (US), Admedus (Australia), CryoLife, Inc. (US), Labcor Laboratórios Ltda (Brazil), Baxter International Inc. (US), and Edwards Lifesciences Corporation (US)
  Key Market Opportunities

  • Health care expenditures
  • Newer technologies and devices in the surgical process
  •   Key Market Drivers

  • Increasing number of vascular surgeries
  • Geriatric population along with the growing adoption of biological patches
  • Demand for minimally invasive surgeries


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    Frequently Asked Questions (FAQ) :

    vascular patches market is projected to grow at an 8% CAGR between 2020-2030.

    vascular patches market predicted to touch USD 8 billion by 2030.

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

    Increasing use of biological patches and rising number of vascular surgeries are adding market growth.

    Lack of expertise may limit market growth.