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The vascular grafts market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!

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The Vascular Grafts Market Size In 2022 And Forecast

The global vascular grafts market is expected to grow from $2.76 billion in 2021 to $2.96 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. 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, affecting many markets across the globe. The vascular graft market is expected to grow to $4.10 billion in 2026 at a CAGR of 8.5%.

The vascular graft global market consists of sales of vascular grafts and related services by entities (organizations, sole traders, and partnerships) that manufacture vascular grafts that are used to repair the diseased or blocked blood vessel.

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High Prevalence Of Vascular Diseases Is Driving The Growth Of The 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.

Competitive Landscape And The Regional Analysis Of The Vascular Grafts Market

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.

The Vascular Grafts Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the vascular grafts market.

Technological Advancement – A Key Trend In The Vascular Grafts Market

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

Vascular Grafts Market Segmentation By The Business Research Company

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

Here Are Some Reports Related To The Vascular Grafts Market –

Bone Grafts And Substitutes Global Market Report 2022

Peripheral Vascular Devices And Equipment Global Market Report 2022

Hemodialysis And Peritoneal Dialysis Global Market Report 2022

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