Global Vascular Graft Market Overview
The global vascular graft market is expected to reach US$ 3.7 billion by 2030, growing at a CAGR of 5.6% from 2022 to 2030, according to Vynz Research.
Vascular grafts are surgical devices used to replace or bypass damaged or blocked blood vessels. They are commonly used to treat a variety of vascular conditions, including atherosclerosis, aneurysms, and peripheral arterial disease.
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Vascular grafts can be made from a variety of materials, including synthetic materials such as expanded polytetrafluoroethylene (ePTFE) and natural materials such as human or animal tissues. The type of vascular graft used depends on the specific medical condition of the patient and the location of the blocked or damaged blood vessel.
The growth of the global vascular graft market is being driven by a number of factors, including:
Increasing prevalence of vascular diseases: The prevalence of vascular diseases such as atherosclerosis and aneurysms is increasing worldwide, due to factors such as aging, sedentary lifestyles, and obesity. This is driving the demand for vascular grafts.
Growing geriatric population: The global geriatric population is growing rapidly, and this is expected to further fuel the demand for vascular grafts, as older people are more likely to develop vascular diseases.
Technological advancements: There have been significant advancements in vascular graft technology in recent years, leading to the development of more effective and durable grafts. This is also contributing to the growth of the market.
Global Vascular Graft Market Segmentation
The global vascular graft market can be segmented by type, material, size, application, and end-use.
By type:
Synthetic vascular grafts
Natural vascular grafts
Hybrid vascular grafts
By material:
Expanded polytetrafluoroethylene (ePTFE)
Dacron
Polyurethane
Human or animal tissues
By size:
Small size vascular grafts
Medium size vascular grafts
Large size vascular grafts
By application:
Coronary artery bypass grafting (CABG)
Peripheral arterial bypass grafting (PABG)
Aortic aneurysm repair
Endovascular aneurysm repair (EVAR)
Carotid endarterectomy
Arteriovenous fistula creation
By end-use:
Hospitals
Ambulatory surgical centers
Clinics
Key Players in the Global Vascular Graft Market
Some of the key players in the global vascular graft market include:
Abbott Laboratories
B. Braun Melsungen AG
Bard Peripheral Vascular Inc. (BD)
Cardinal Health (Cordis)
Cook Medical
Cryolife
Getinge Group
LeMaitre Vascular Inc.
Medtronic PLC
Terumo Corporation
W.L. Gore & Associates
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