Vascular Grafts Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Vascular Grafts Market Overview
The vascular grafts market size was valued at $756.6 million in 2023 and will grow at a CAGR of more than 5% during 2023-2033.
Vascular grafts are used to treat conditions that require aortic repair or peripheral vessel bypass. Aortic repair, vascular bypass, and vascular access procedures are used to treat aortic aneurysms, aortic dissections, peripheral artery disease, and end-stage renal disease. They are also used to patch injured or diseased areas in the arteries and for the replacement of whole segments of larger arteries such as the aorta.
Vascular Grafts Market Outlook, 2023-2033 ($ Million)
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The vascular grafts market research report identifies quantitative market trends within drug delivery devices therapeutic areas. The report offers regional quantitative and qualitative data highlighting the sales in major markets. The model also covers in detail the effects of COVID-19 on the vascular grafts market for 2020 and beyond. Furthermore, the report provides vascular grafts market share by company that will help in identifying untapped market opportunities.
Market Size (2023) | $756.6 Million |
CAGR (2023-2033) | >5% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Regions |
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Key Segments |
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Leading Companies |
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Regional Analysis of Vascular Grafts Market
The key regions in the vascular grafts market are North America, Europe, Asia Pacific, South America, and the Middle East & Africa. In 2023, the North American vascular grafts market dominated the global Vascular Grafts market.
This is primarily due to the aging population that increasingly acquires risk factors such as high cholesterol, high triglycerides, high blood pressure, and diabetes. Aortic aneurysms and dissections often do not present with symptoms and are found incidentally during diagnostic imaging for other reasons. With the increasing use of diagnostic imaging technologies, the diagnosis rate for aortic dissections and aneurysms will rise over the forecast period.
The US vascular grafts market follows worldwide and regional trends for North America. The use of medical diagnostic imaging is anticipated to rise. This increase is expected to enhance the detection rate for aortic aneurysms and dissections before rupture. As a result, the demand for vascular grafts to address TAAs in the ascending aorta or arch will also increase.
Vascular Grafts Market Analysis by Regions, 2023 (%)
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Vascular Grafts Market Segments
The key segments in the Vascular Grafts market are Peripheral Vascular Grafts and Aortic Vascular Grafts. In 2023, the peripheral vascular grafts segment led the market. Peripheral vascular grafts are grafts that are used to replace and repair damaged blood vessels outside of the aorta. They may be Autografts, Allografts, or Synthetic Grafts.
Aortic vascular grafts are grafts that are used to replace and repair damaged portions of the aorta. They may be allografts or synthetic grafts. One unit refers to one aortic vascular graft.
Vascular Grafts Market Analysis, by Segments 2023 (%)
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Vascular Grafts Market - Competitive Landscape
In 2023, W. L. Gore & Associates Inc. dominated the market.
The leading companies in the Vascular Grafts market are:
- W. L. Gore & Associates Inc
- Terumo Corp
- Getinge AB
- Artivion Inc
- Becton Dickinson and Co.
Most of the companies are using some specific business units as a key company strategy that focuses on aortic and peripheral intervention. These companies boast well-rounded product portfolios that cover both Aortic and Peripheral vascular graft devices. Companies are also focusing on implants used to treat PAD and AAA as they are quite common globally.
Vascular Grafts Market Analysis, by Companies 2023 (%)
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Vascular Grafts Market Dynamics
Trends: The preference for minimally invasive endovascular treatments is rising. The anticipated increase in patient populations for these conditions is also rising. Endovascular approaches eliminate the need for open surgery. This trend will negatively impact the global vascular graft market growth.
Future Outlook: The vascular grafts market will experience growth in the forecast period owing to rising demand for vascular graft procedures as global populations age there will be increasing prevalence of TAA, AAA, PAD, and ESRD. Additionally, the increase in diagnosis rates and interventional procedures are on the rise. However, the rise in the use of alternative minimally invasive procedures will negatively impact the growth of the global vascular grafts market.
Segments Covered in the Report
Vascular Grafts Segments Outlook (Value, $ Million, 2015-2033)
- Aortic Vascular Grafts
- Peripheral Vascular Grafts
Vascular Grafts Regional Outlook (Value, $ Million, 2015-2033)
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Key Inclusions
The vascular grafts market research report includes an insightful review of the key industry trends.
- The vascular grafts market report offers an annualized market revenue by segment and market outlooks from 2015-2033.
- The report also includes market-level data on units, average selling prices, and market values.
Regional, country, and global vascular grafts market Insights:
- The vascular grafts market share report offers qualitative insights on global and regional trends. Furthermore, GlobalData analysts provide unique country-specific insights on the market.
- Vascular grafts market SWOT analysis.
- The report provides trends and vascular grafts market competitive dynamics.
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Learn about consumer behavior through the detailed overview of segments and the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. These syndicated models include demand and supply-side primary sources including Key opinion leaders. In addition, determine market trends through real-world data sources including databases of government procedures and hospital purchasing.
Companies covered: W. L. Gore & Associates Inc, Terumo Corp, Getinge AB, Artivion Inc, Becton Dickinson and Co, B. Braun Melsungen AG, LeMaitre Vascular Inc, Japan Lifeline Co Ltd, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile
Scope
- Extensive coverage of the vascular grafts market under development.
- An exhaustive list of major pipeline products and their details, including product description, licensing and collaboration details, and other developmental activities.
- Reviews of major players involved in the development of the vascular grafts market and lists all their pipeline projects.
- Coverage of pipeline products based on various stages of development ranging from early development to approved/issued stage.
- Key clinical trial data of ongoing clinical trials specific to pipeline products.
- Recent developments in the segment/industry.
Reasons to Buy
- Understand the COVID-19 impact on vascular grafts.
- Design your licensing strategies through a review of products, technologies, and companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving vascular grafts.
- Understand the trends, innovative product launches, technologies, segments, and companies that will impact the market in the future.
- Formulate effective sales and marketing strategies with a detailed evaluation of vascular grafts market share by company. Identify strong competitors and create winning strategies to stand out in the global infusion pumps market.
- Track regional vascular grafts market sales as well as country-specific transactions from 2015-2033.
- Organize your sales and marketing efforts by identifying the global vascular grafts market segments that present maximum opportunities. Such details will help to make investments and strategic partnerships.
Terumo Corp
Getinge AB
Artivion Inc
Becton Dickinson and Co
B. Braun Melsungen AG
LeMaitre Vascular Inc
Japan Lifeline Co Ltd
Others
Frequently asked questions
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What was the Vascular Grafts market size in 2023?
The Vascular Grafts market size was $756.6 million in 2023.
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What will be the Vascular Grafts market growth rate in the forecast period?
The Vascular Grafts market is expected to grow at a CAGR of more than 5% during 2023-2033.
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Which region dominated the Vascular Grafts market in 2023?
North America dominated the overall Vascular Grafts market in 2023.
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Which segment led the Vascular Grafts market in 2023?
The Peripheral Vascular Grafts segment led the market in 2023.
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Which are the leading companies in the Vascular Grafts market?
A few of the leading companies in the Vascular Grafts market are W. L. Gore & Associates Inc., Terumo Corp, Getinge AB, Artivion Inc., and Becton Dickinson and Co. among others.
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