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How has the vascular grafts market grown in recent years?

The market size for vascular grafts has been experiencing a steady growth in the past few years. It’s projected to expand from $3.25 billion in 2024 to $3.38 billion in 2025, representing a compound annual growth rate (CAGR) of 4.0%. Reasons for the growth during the historic period are majorly due to the rise in cardiovascular diseases (CVDs), growth of the elderly population, robust economic development in emerging markets, an upsurge in health care spending, and an increase in the number of health care facilities.

How is the vascular grafts market size expected to evolve during the forecast period?

Expectations for robust growth in the pipeline construction market size are set for the coming years. The market is projected to escalate to $66.83 billion in 2029 with a compound annual growth rate (CAGR) of 6.1%. Factors contributing to the growth during the expected period include climate change initiatives, public perspective and opposition, geopolitical stability, resource discovery, and policies related to energy transition. Key trends to watch during this period are advancements in technology, further growth in the oil and gas industry, a focus on research and development, and the use of automation and robotics.

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Which key drivers are propelling the vascular grafts market’s growth?

The global vascular grafts market expansion is being influenced by the growing occurrence of vascular illnesses. Research conducted by the US’s National Center for Biotechnology Information establishes cardiovascular diseases as the world’s primary cause of fatality. The American Heart Association (AHA) reveals that the overall occurrence of myocardial infarction annually approximates to about 7.9 million in the US. Additionally, the estimated yearly onset of heart attacks in the US consists of both, 720,000 new and 335,000 repeated attacks. NHS Inform, Scotland’s national health entity, discloses that 20,000 coronary bypass grafts are executed yearly in England. Hence, the rampant occurrence of vascular diseases is projected to steer the expansion of the worldwide vascular grafts market.

What are the market segments in the vascular grafts industry?

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

Subsegments:

1) Hemodialysis Access Graft: Synthetic Grafts, Biological Grafts

2) Endovascular Stent Graft: Aneurysm Stent Grafts, Thoracic Stent Grafts, Abdominal Stent Grafts

3) Peripheral Vascular Graft: Synthetic Grafts, Biological Grafts

4) Coronary Artery Bypass Graft (Cabg): Arterial Grafts, Venous Grafts

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Which leading companies are shaping the growth of the vascular grafts market?

Major companies operating in the vascular grafts market include 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., 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.

What key trends are currently impacting the vascular grafts market’s development?

The vascular grafts market is seeing a growing trend in businesses investing in technological advancements to create innovative and customizable vascular grafts. An example of this is RelayPro, a thoracic stent graft system recently unveiled by Terumo Aortic. This device is low-profile and is intended for patients with smaller access vessels undergoing thoracic endovascular aortic repair (TEVAR). It presents a wide variety of diameters, lengths, tapers, and proximal configurations for doctors to choose from. Additionally, this device comes in bare stent and non-bare stent (NBS) versions, which can be tailored to accommodate each patient’s unique anatomical requirements.

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Which geographic areas are influencing the growth of the vascular grafts market?

North America was the largest region in the vascular grafts market in 2024. Western Europe was the second largest region in the vascular grafts market report. The regions covered in the vascular grafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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