The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s cardiovascular and soft tissue repair patches market report forecasts the cardiovascular and soft tissue repair patches market size to grow to $5.66 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

Learn More On The Cardiovascular And Soft Tissue Repair Patches Market Report 2023 – https://www.thebusinessresearchcompany.com/report/cardiovascular-and-soft-tissue-repair-patches-global-market-report

Cardiovascular And Soft Tissue Repair Patches Market Size Forecast
The global cardiovascular and soft tissue repair patches market is expected to grow from $3.58 billion in 2022 to $3.93 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cardiovascular and soft tissue repair patches market size is expected to grow to $5.66 billion in 2027 at a CAGR of 9.5%.

North America held the largest cardiovascular and soft tissue repair patches market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Cardiovascular And Soft Tissue Repair Patches Market Driver ­– Growth In Demand For Patches In Cardiac Disease
For instance, according to the World Health Organization data 2021, an organization under the United Nations that focuses on worldwide public health, cardiovascular diseases (CVDs) are the leading cause of mortality worldwide, claiming an estimated 17.9 million lives a year. Furthermore, in the United States, heart disease is the leading cause of death for both sexes and members of the majority of racial and ethnic groups. Every 34 seconds, cardiovascular disease claims one life in the United States. In the United States, heart disease was the cause of 1 in 5 fatalities in 2020, taking the lives of almost 697,000 individuals. Therefore, the growing demand for patches of cardiac disease will drive the market in the upcoming years.

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Key Cardiovascular And Soft Tissue Repair Patches Market Trend – Technological Advancement
Many companies operating in cardiovascular and soft tissue repair patches are developing new products or technologies for strengthening the demand for the cardiovascular and soft tissue repair patches market. For instance, in February 2020, Terumo introduced AQUABRID, a new surgical sealant, to the EMEA market. New surgical sealant AQUABRID® is specially developed for aortic procedures. It combines with water (blood) and creates an elastic coating that clings firmly to the tissue. Even when blood coagulation is limited while undergoing cardiac surgery, it is secure and efficient in attaining hemostasis.

Cardiovascular And Soft Tissue Repair Patches Market Segment
1) By Raw Materials: ePTFE, Biomaterial And Tissue-Engineered Material, Other Raw Materials
2) By Product: Synthetic Patch, Biologic Patch
3) By Application: Cardiac Repair, Atrial Septal Defect, Common Atrium, Defects Of The Endocardial Cushion, Ventricular Septal Defect, Tetralogy Of Fallot, Right Ventricular Outflow Tract Reconstruction, Suture Bleeding, Vascular Repair And Reconstruction, Transposition Of The Great Vessels
4) By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics

Cardiovascular And Soft Tissue Repair Patches Market Major Players and Strategies
Major players in the cardiovascular and soft tissue repair patches market are B Braun, Baxter International Inc., CorMatrix Cardiovascular Inc., Cryolife Inc., Edwards Lifesciences Corporation, Glycar SA Pty Ltd., Labcor, LeMaitre Vascular Inc., Medtronic Inc., Neovasc Inc., Novo Medi Sciences, Terumo Medical Corporation, WL Gore and Associates Inc., Nurami Medica, and FOC Medical SA.

In July 2021, Becton, Dickinson, and Company, a USA-based medical technology company specializing in manufacturing and medical devices distribution, instrument systems, and reagents, acquired Tepha Inc. for an undisclosed amount. This acquisition helps Becton, Dickinson, and Company to expand its surgical mesh and soft tissue repair product portfolio with resorbable more poly technology and expand business operations across the USA. Tepha Inc. is a USA-based medical device company specializing in bioabsorbable polymer technology, tissue engineering, and regenerative medicine for cardiovascular disease treatments.

The Cardiovascular And Soft Tissue Repair Patches Global Market Report 2023 covers regional data on cardiovascular and soft tissue repair patches market size, cardiovascular and soft tissue repair patches market trends and drivers, opportunities, strategies, and cardiovascular and soft tissue repair patches market competitor analysis. The countries covered in the cardiovascular and soft tissue repair patches market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Cardiovascular and soft tissue repair patches refer to artificial tissue generated in the laboratory used for the restoration of damaged body tissue made up of tissues grown in the laboratory and polymers. These are used for the replacement of damaged body parts to maintain the functioning of a body organ, provide mechanical regeneration support for damaged myocardium layers, and restore functional characteristics of injured tissue for the treatment of cardiovascular diseases.

View More Reports Related To The Cardiovascular And Soft Tissue Repair Patches Market –
Cardiovascular Devices Global Market Report 2023
Soft Tissue Repair Global Market Report 2023
Tissue Diagnostic Global Market Report 2023

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