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 vascular grafts market report forecasts the vascular grafts market size to grow to $4.37 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Vascular Grafts Market Report 2023 – https://www.thebusinessresearchcompany.com/report/vascular-grafts-global-market-report

Vascular Grafts Market Size Forecast

The global vascular grafts market is expected to grow from $2.96 billion in 2022 to $3.21 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. 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 vascular grafts market is expected to grow from $4.37 billion in 2027 at a CAGR of 8.1%.

North America held the largest vascular grafts market share.

Key Vascular Grafts Market Driver ­– Rise In The Prevalence Of Vascular Diseases

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.

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 Key Vascular Grafts Market Trend – Technological Advancement

Companies in the vascular graft market are increasingly investing in technological advances for the development of innovative vascular grafts, including customization of vascular grafts. 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.

Vascular Grafts Market Segment

1) By Product: Hemodialysis Access Graft, Endovascular Stent Graft, Peripheral Vascular Graft, Coronary Artery By-pass Graft

2) By Raw Material: Polyester Grafts, ePTFE, Polyurethane Grafts, Biosynthetic Grafts

3) By Application: Coronary Artery Disease, Aneurysm, Vascular Occlusion, Renal Failure

4) By End-User: Hospitals, Ambulatory Surgical Centers

Vascular Grafts Market Major Players and Strategies

Major players in the vascular grafts market are B. Braun, C. R. Bard, Cardinal Health, Cook Medical, Endologix, LeMaitre Vascular, Medtronic PLC., Getinge, Terumo Medical Corporation, and Gore Medical.

In June 2020, LeMaitre Vascular, a US-based medical device company, acquired Artegraft for $90 million. The acquisition the company expected to extend its product line with Artegraft’s innovative products and better serve the customers’ needs. Artegraft is a New Jersey-based seller of vascular grafts.

The Vascular Grafts Global Market Report 2023 covers regional data on vascular grafts market size, vascular grafts market trends and drivers, opportunities, strategies, and vascular grafts market competitor analysis. The countries covered in the vascular grafts 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.

The vascular grafts are used to repair the diseased or blocked blood vessel during the surgical procedure called vascular grafting or vascular bypass. Vascular grafting is performed to bypass a partial or complete blockage in an artery by reconnecting the blood vessels. This process improves the blood flow by redirecting blood from one area of the body to another.

View More Reports Related To The Vascular Grafts Market –

Vascular Stent Global Market Report 2023

Peripheral Vascular Devices And Equipment Global Market Report 2023

Vascular Endothelial Growth Factor (VEGF) Inhibitor Global Market Report 2023

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