Vascular Patches Market is Growing rapidly and Estimated to Reach USD Billion with a CAGR of % during 2018-2025


Posted June 25, 2018 by akashkale

Vascular patch is a microporous, micro-fibrous patch material for application of vascular surgery. It is produced from a polymer material, polyestherurethane, which has high biocompatibility and maximum mechanic long term stability.
 
Vascular patch is a microporous, micro-fibrous patch material for application of vascular surgery. It is produced from a polymer material, polyestherurethane, which has high biocompatibility and maximum mechanic long term stability. Increase in number of vascular surgeries performed is driving the market growth, whereas decreasing number of carotid endarterectomy surgeries are expected to limit the market growth.
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The Vascular Patches Market has been witnessing significant growth over the past few years owing to rise in geriatric population and subsequent increase in prevalence of vascular diseases, increasing adoption of biological patches and increasing number of vascular surgeries, Rising prevalence of cardiovascular diseases and implementation of several favorable government initiatives across the countries will help to boost the demand for vascular patches during the near future. Furthermore, increasing interest of key players in the development of new products along with the emerging markets is expected to offer significant growth opportunities during next few years. However, product failures and recalls along with the need for highly skilled professionals are expected to restraint the market growth during the forecast period.
The -201cGlobal Vascular Patches Market Analysis and Forecasts to 2025-201d can be segmented into material, application, end user, and region. Based on the material, the market can be categorized as biologic vascular patches and synthetic vascular patches. Biologic Vascular patch segment held the largest share for vascular patches market. Advantages such as superior biocompatibility, ease of use, minimal suture line bleeding and reduced rates of infection in comparison with synthetic patches are the impacting factors for biologic vascular segment to witness a steep growth rate in during the forecast period.
Top 10 Players Genomics Market Overview:
Labcor, Admedus, Cryolife, C.R. Bard, Edward Lifesciences, Baxter International, Maquet, B. Braun, W.L. Gore & Associates, Terumo Corporation among others
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Based on end user, the market can be segmented as, hospitals and clinics, & ambulatory surgical centers. Hospitals and clinics segment is projected to growth with high rate during the forecast period. Improving healthcare infrastructure across the developing countries and growing number of vascular procedures in hospitals is enhancing the market growth for hospitals segment.
The Vascular Patches Market based on the region is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for vascular patches in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The Vascular Patches Market report includes market size and analysis for all the above-mentioned regions and countries for material, application, and end user.

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Last Updated June 25, 2018