Press release
Vascular Grafts Global Market to Observe Highest Growth of $4.67 million with an Excellent CAGR of 7.4% by 2028 | Abbott Laboratories, Medtronic PLC, Getinge, Endologix, Cook Medical
Vascular Grafts Market
As per the report, the vascular grafts market size has grown strongly in recent years. It will grow from $3.21 billion in 2023 to $3.5 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The vascular grafts market size is expected to see strong growth in the next few years. It will grow to $4.67 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
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High Prevalence Of Vascular Diseases Drives Global Vascular Grafts Market
The rising prevalence of vascular diseases is driving the growth of the global vascular grafts market. According to a study by the National Center for Biotechnology Information in the US, cardiovascular diseases are the leading cause of death in the world and according to the American Heart Association (AHA), the overall prevalence of myocardial infarction in the US was around 7.9 million per year, while the estimated annual incidence of a heart attack in the US is 720,000 new attacks and 335,000 recurrent attacks. According to a study by NHS Inform, a national health service of Scotland, every year around 20,000 coronary bypass grafts are carried out in England. Therefore, the high prevalence of vascular diseases is anticipated to drive the global vascular grafts market.
Investment In Technological Advancements For Innovative And Customized Vascular Grafts
Companies in the vascular grafts market are increasingly investing in technological advances for the development of innovative vascular graftss, including customization of vascular graftss. For instance, RelayPro, a thoracic stent graft system recently launched by Terumo Aortic, is a low-profile device designed for patients with smaller access vessels in the treatment of thoracic endovascular aortic repair (TEVAR). It offers a broad range of diameters, lengths, tapers, and proximal configurations to the physicians. Both bare stent and non-bare stent (NBS) versions are available for this device and they can be customized to meet the patient's specific anatomical needs.
The vascular grafts market covered in this report is segmented -
1) By Product: Hemodialysis Access Graft, Endovascular Stent Graft, Peripheral Vascular Graft, Coronary Artery By-pass Graft
2) By Raw Material: Polyester Grafts, Polytetrafluoroethylene Grafts, Polyurethane Grafts, Biosynthetic Grafts
3) By Application: Coronary Artery Disease, Aneurysm, Vascular Occlusion, Renal Failure
4) By End-User: Hospitals, Ambulatory Surgical Centers
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Major companies operating in the vascular grafts market report are B. Braun Melsungen AG, Abbott Laboratories, Becton Dickinson and Company, Cardinal Health Inc., W. L. Gore & Associates Inc., Terumo Medical Corporation, Medtronic Plc, Getinge, Endologix, Cook Medical, MicroPort, CR Bard, Biovic, Creganna, Novomed Incorporation Private Limited, Marizyme Inc., Terumo Corporation, Gore Medical, LeMaitre Vascular, Olympus Medical Systems Corporation, Japan Lifeline, JOTEC, Vascutek, RUA Life Sciences, Vascular Flow Technologies, Bolton Medical, Kips Bay Medical Incorporated, Cryolife, Vascular Graft Solutions Ltd.
Contents of the report:
1. Executive Summary
2. Vascular Grafts Market Report Structure
3. Vascular Grafts Market Trends And Strategies
4. Vascular Grafts Market - Macro Economic Scenario
5. Vascular Grafts Market Size And Growth
…..
27. Vascular Grafts Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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