Vascular Grafts Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Vascular Grafts Market Report Overview
The Vascular Grafts market size was valued at $756.6 million in 2023. The market is expected to grow at a CAGR of more than 5% during 2023-2033. Vascular Grafts are used to treat conditions that require aortic repair or peripheral vessel bypass. Aortic repair, vascular bypass, and vascular access procedures are used to treat aortic aneurysms, aortic dissections, peripheral artery disease, and end-stage renal disease.
Vascular Grafts Market Outlook, 2023-2033 ($ Million)
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The Vascular Grafts market research report has been created to understand the market behavior, which will help identify quantitative market trends within the Cardiovascular Devices therapeutic area. The model discusses in detail the impact of COVID-19 on the Vascular Grafts market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $756.6 Million |
CAGR (2023-2033) | >5% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Key Segments | · Aortic Vascular Grafts
· Peripheral Vascular Grafts |
Leading Companies |
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Vascular Grafts Market Dynamics
The Vascular Grafts market will experience growth in the forecast period owing to rising demand for vascular graft procedures. This is attributed to advancing age, diabetes, and high blood pressure. 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 is expected to negatively impact the growth of the global vascular graft market.
Vascular Grafts Market Segmentation by Regions
The key regions in the Vascular Grafts market are North America, Europe, Asia Pacific, South America, and the Middle East & Africa. In 2023, North America dominated the global Vascular Grafts market and is expected to continue to do so in the forecast period. This is primarily due to the aging population that increasingly acquires risk factors such as high cholesterol, high triglycerides, high blood pressure, and diabetes.
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. The Peripheral Vascular Grafts segment led the market in 2023. 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.
Vascular Grafts Market Analysis, by Segments 2023 (%)
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Vascular Grafts Market - Competitive Landscape
A few of the leading companies in the Vascular Grafts market are:
- W. L. Gore & Associates Inc
- Terumo Corp
- Getinge AB
- Artivion Inc
- Becton Dickinson and Co
L. Gore & Associates Inc. dominated the market in 2023. It is followed by Artivion Inc.
Vascular Grafts Market Analysis, by Companies 2023 (%)
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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
Currently marketed Vascular Grafts and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Vascular Grafts market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Vascular Grafts market.
- Competitive dynamics insights and trends provided for the Vascular Grafts market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with 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. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
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
This report provides:
- Insightful review of the key industry trends.
- Annualized total Vascular Grafts market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Vascular Grafts market.
- Competitive dynamics insights and trends provided for the Vascular Grafts market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Vascular Grafts market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Vascular Grafts market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Vascular Grafts market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Vascular Grafts market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, 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.
-
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.
-
Which region dominated the Vascular Grafts market?
North America dominated the overall Vascular Grafts market in 2023.
-
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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