Vascular grafts market report has been prepared based on detailed market analysis with inputs from industry experts. The statistics are represented in graphical format for a clear understanding on facts and figures. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. The vascular grafts market report also consists of the all the market drivers and restrains which are derived from SWOT analysis while also giving all the CAGR projections for the historic year 2016 base year 2017 and forecast period of 2018-2026.
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The global market for Vascular Grafts is expected to witness a rise in its initial estimated value of USD 2.54 billion in 2018 to USD 4.05 billion by 2026, registering a CAGR of 6% in the forecast period of 2019-2026, this rise in value is related to the rising preference of minimally invasive surgeries.
Market Definition: Global Vascular Grafts Market
Vascular grafts are used in vascular bypass procedures that helps in redirecting the blood flow from one specific area to another by resuming and connecting the blood vessels. This procedure is done due to the presence of a damaged artery in the passage, and this helps in continuing the blood flow through without coming in contact with the damaged artery.
Key Market Competitors: Global Vascular Grafts Market
Few of the major market competitors currently working in the Vascular Grafts Market are LeMaitre Vascular Inc., Artegraft, TERUMO CORPORATION, W. L. Gore & Associates Inc., Heart Medical, BD, Getinge AB, Cook Group, B. Braun Melsungen AG, Medtronic, Japan Lifeline Co. Ltd., Cardinal Health, and ENDOLOGIX INC.
Market Drivers:
- Technological advancement and constant innovation in the market for vascular grafts will drive the market growth
- Preference of minimally invasive surgical procedures is expected to drive the market growth
Market Restraints:
- High cost of these grafts would restrain the market growth
- Complication and infection associated with prosthetic grafts would also act as a restraint to the market growth
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Market Segmentation: Global Vascular Grafts Market
- By Raw Material
- By Indication
- Polyester Grafts
- ePTFE (Polytetrafluoroethylene)
- Polyurethane Grafts
- Biosynthetic Grafts
- Endovascular Aneurysm Repair
- Abdominal Aortic Aneurysm Repair
- Thoracic Aortic Aneurysm Repair
- Peripheral Vascular
- Hemodialysis Access
- By End-User
- By Application
- By Geography
- Hospitals
- Ambulatory Surgical Centers
- Coronary Artery Disease
- Aneurysm
- Vascular Occlusion
- Renal Failure
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
Key Insights in the report:
- The key market players are analyzed and their effects on the market is also observed
- Market analysis is conducted for the forecast period of 2019 to 2026, and the market segmentations are observed during that period
- The market drivers and restraints have been clearly analyzed for the effect that they have over the market in the forecast period of 2019 to 2026
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