Lucintel Forecasts the Global Vascular Patch Market to Reach$546.2 million by 2030
Lucintel Forecasts the Global Vascular Patch Market to Reach$546.2 million by 2030
Blog Article
According to a market report by Lucintel, the future of the global vascular patch market looks promising with opportunities in the hospital and ambulatory surgical center markets. The global vascular patch market is expected to reach an estimated $546.2 million by 2030 from $351.9million in 2024,at a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are increased awareness of risk factors and early detection of vascular diseases, rising popularity of regenerative medicine, and increasing demand for aesthetics as vascular patches are employed in cosmetic operations for recreating face features or treating burn damage.
A more than 150-page report to understand trends, opportunity and forecast in vascular patch market to 2030 by material (biologic vascular patches and synthetic vascular patches), application (carotid endarterectomy, open repair of abdominal aortic aneurysm, vascular bypass surgery, congenital heart disease, and others), end use (hospitals, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the application category, carotid endarterectomy will remain the largest segment over the forecast period due to increase in the number of carotid endarterectomy operations.
Within the end use category, hospital will remain the larger segment due to the expanding number of hospitals in developing nations, and the increasing government attempts to make vascular procedures more affordable.
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In terms of regions, North America will remain the largest region over the forecast period due to increased prevalence of CVD, improved healthcare infrastructures, and the presence of major stakeholders.
Baxter International, LeMaitre Vascular, W. L. Gore & Associates, Getinge, B Braun, Artivion, Edwards Lifesciences, Aziyo Biologics, Terumo, BD are the major suppliers in the vascular patch market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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