New Study On Global Vascular Grafts Market, Growth, Analysis and Forecast 2017 -
Posted by akshayparmar on November 2nd, 2017
Vascular Grafts Market - Growth, Future Prospects and Competitive Analysis, 2017-2025, the global vascular grafts market was valued at US$ 2,352.0 Mn in 2016, and is expected to reach US$ 3,636.9 Mn by 2025, expanding at a CAGR of 4.9% from 2017 to 2025.
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Vascular grafts are touted as one of the most common prosthetics used in vascular and cardiovascular surgeries worldwide due to their proven and established ability to improve vascular access. Rising prevalence of CVDs such as cardiac aneurysms, hypertension, and coronary diseases and other vascular conditions such as end stage renal diseases, diabetes and other factors significantly attribute to the growth of vascular grafts market. Among these, coronary artery disease is one of the most commonly prevalent conditions worldwide and its treatment largely contributes to the demand for vascular grafts.
Geographically, North America is the current leader in the global vascular stents market with a revenue share of over 40% (2016). Existence of developed healthcare system, and rising prevalence of CVDs in the region are the major attributes of the dominant status of North America on the global front. Domicile of market incumbents in the region that are increasing their research efforts towards introducing novel products has additionally led to swift adoption of latest products in North America. On the other hand, Asia Pacific is observed to be the fastest growing market for vascular grafts. Increase in high risk geriatric population, rapid penetration of major market players in the region and growing chronic disease prevalence majorly contribute to the rapid growth of Asia Pacific market.
The global vascular grafts is highly fragmented and is characterized by the presence of both large established players and smaller regional or local companies. However, only a limited group of companies together hold a considerable revenue share in the market. players such as MAQUET Holding B.V. & Co. KG, B. Braun Melsungen AG, C.R. Bard, Cook Medical, Inc. and a few more are considered as incumbents in the global market.
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Vascular Grafts Market: Market Dynamics and Future Outlook
Chapter 4. Global Vascular Grafts Market, by Type, 2015 – 2025 (US$ Mn)
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