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Global Vascular Grafts Market by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material (Polyurethane, Kidney Failure, By Raw Material Polyester, Coronary Artery Disease, Cardiac Aneurysm) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-1553
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 89
  • No. Of Pages: 207
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  • Pub. Date: 2021-10-14
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Summary of the Report

Global vascular grafts sales were valued at USD1.6 billion in 2020. They are expected to grow at a compound annual rate (CAGR of 6.8%) between 2021 and 2028. The market is driven by the rising prevalence of diabetes and cardiovascular diseases. According to the American Heart Association, 121.5 million Americans are suffering from cardiovascular diseases. These include high blood pressure, chest pain and heart attack. The forecast period will see many growth opportunities due to increased customer spending, supportive reimbursement policies for vascular surgeries, as well as a rise in demand for technologically advanced products.

Market growth is expected to be facilitated by the increasing number of Minimally Invasive Direct Coronary Artery Bypass procedures (MIDCAB). According to data released by NCBI in January 2018, Minimally Invasive Cardiac Surgery has seen significant development in China. The data showed that minimally invasive procedures are safe, reproducible, and have acceptable aortic crossing-clamp and Cardiopulmonary bypass (CPB) durations as well as low mortality. These products will be in high demand due to the development of surgical techniques using coronary artery bypass grafts and stents. The development of vascular conduits that are more efficient and porosity-friendly is expected to lead to a significant increase in penetration over the forecast period.

The market has been negatively affected by the COVID-19 pandemic. This can be seen in the declining number of elective procedures as a result of the increased focus by healthcare professionals on COVID-19 patients. Medtronic plc's cardiac and vascular group segment saw a 9.0% decrease in revenue for FY2020 compared to FY2019. The COVID-19 epidemic has posed a constant strain on company operations, supply chains and distribution systems. This includes their ability to conduct research and development, as well as new product launches and services.

The high availability of electrospun polyurethane vascular grafts, which minimize the risk of neointimal formation compared to Expanded Polytetrafluoroethylene (ePTFE), is anticipated to propel the demand for these products over the forecast period. These prosthetic grafts can be used extensively for complex surgical procedures, such as vascular reconstructive surgery, because of the lack of autologous blood vessels, particularly in small cases. The National Library of Medicine published an August 2017 article stating that polyurethane arteriovenous grafts offer the advantages of high patency rates, early cannulation with infections, pseudoaneurysm formation, and low latency. According to another article by the National Library of Medicine, PU grafts are more biocompatible in vitro than other prosthetic grafts. These factors will drive market growth over the next few years.

COVID19 Global Vascular Grafts Market Impact: 1.9% decline in revenue growth between 2019 and 2020

Pandemic Impact

Outlook after COVID

From 2019 to 2020, the global market for vascular grafts declined by 1.9%

Market growth is expected to be between 6.0 % and 7.0% over the next five years.

Hospitals have been forced to postpone or suspend elective procedures due to increasing COVID-19 strain and a growing focus on prioritizing COVID-19-associated treatments. This has had a significant impact on the sales of these products.

Market growth will be supported by increased strategic initiatives, the development of new products, and a growing focus on healthcare facilities to develop strategies to resume elective vascular surgery procedures once the pandemic stabilizes.

The global pandemic affected supply chains, production, distribution and other business activities, which in turn has adversely impacted market growth.

In the next few years, their acceptance will be driven by rising health care costs and a growing demand for minimally invasive procedures.

Industry players will also be able to introduce new innovative solutions and adopt various strategies such as Mergers and acquisitions (M&A), collaborations and product approvals. It will increase its reach to keep its competitive edge and support end-users in providing value-based care. These players have adopted the following strategies:

  • TVA Medical, Inc. was acquired by BD in July 2018. This acquisition allowed BD to offer everlinQ endoAVF systems, which were expected to improve its ability to serve physicians and patients. It also offered a minimally invasive option to create critical AV fistulas in hemodialysis procedures.

  • C. R. Bard, Inc. was acquired by BD in December 2017. The acquisition was intended to increase the company's leadership position in medication management and infection prevention, as well as expand the solutions portfolio across the care continuum. It also aimed at expanding growth opportunities beyond the U.S.

Up Market Research published a new report titled “Vascular Grafts Market research report which is segmented by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material (Polyurethane, Kidney Failure, By Raw Material Polyester, Coronary Artery Disease, Cardiac Aneurysm), By Players/Companies LeMaitre Vascular Inc, Shanghai Suokang Medical Implants Co Ltd, CR Bard; WL Gore and Associates Inc, Medtronic plc, Getinge AB, Terumo Corporation, Cook Medical”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

Report AttributesReport Details
Report TitleVascular Grafts Market Research Report
By Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw MaterialPolyurethane, Kidney Failure, By Raw Material Polyester, Coronary Artery Disease, Cardiac Aneurysm
By CompaniesLeMaitre Vascular Inc, Shanghai Suokang Medical Implants Co Ltd, CR Bard; WL Gore and Associates Inc, Medtronic plc, Getinge AB, Terumo Corporation, Cook Medical
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages207
Number of Tables & Figures145
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Vascular Grafts Industry Outlook

Global Vascular Grafts Market Report Segments:

The market is segmented by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material (Polyurethane, Kidney Failure, By Raw Material Polyester, Coronary Artery Disease, Cardiac Aneurysm).

Some of the companies that are profiled in this report are:

  1. LeMaitre Vascular Inc
  2. Shanghai Suokang Medical Implants Co Ltd
  3. CR Bard; WL Gore and Associates Inc
  4. Medtronic plc
  5. Getinge AB
  6. Terumo Corporation
  7. Cook Medical

Vascular Grafts Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Vascular Grafts Market

Overview of the regional outlook of the Vascular Grafts Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Vascular Grafts Market Overview

Highlights of The Vascular Grafts Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Vascular Grafts Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material:

                1. Polyurethane

                2. Kidney Failure

                3. By Raw Material Polyester

                4. Coronary Artery Disease

                5. Cardiac Aneurysm

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Vascular Grafts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Vascular Grafts Market Trends

Reasons to Purchase the Vascular Grafts Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vascular Grafts Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Vascular Grafts Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Vascular Grafts Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Vascular Grafts Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Vascular Grafts Market Size & Forecast, 2018-2028 
      4.5.1 Vascular Grafts Market Size and Y-o-Y Growth 
      4.5.2 Vascular Grafts Market Absolute $ Opportunity 

Chapter 5 Global Vascular Grafts Market Analysis and Forecast by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      5.1.2 Basis Point Share (BPS) Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      5.1.3 Absolute $ Opportunity Assessment by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
   5.2 Vascular Grafts Market Size Forecast by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      5.2.1 Polyurethane
      5.2.2 Kidney Failure
      5.2.3 By Raw Material Polyester
      5.2.4 Coronary Artery Disease
      5.2.5 Cardiac Aneurysm
   5.3 Market Attractiveness Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material

Chapter 6 Global Vascular Grafts Market Analysis and Forecast by Region
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Region
      6.1.2 Basis Point Share (BPS) Analysis by Region
      6.1.3 Absolute $ Opportunity Assessment by Region
   6.2 Vascular Grafts Market Size Forecast by Region
      6.2.1 North America
      6.2.2 Europe
      6.2.3 Asia Pacific
      6.2.4 Latin America
      6.2.5 Middle East & Africa (MEA)
   6.3 Market Attractiveness Analysis by Region

Chapter 7 Coronavirus Disease (COVID-19) Impact 
   7.1 Introduction 
   7.2 Current & Future Impact Analysis 
   7.3 Economic Impact Analysis 
   7.4 Government Policies 
   7.5 Investment Scenario

Chapter 8 North America Vascular Grafts Analysis and Forecast
   8.1 Introduction
   8.2 North America Vascular Grafts Market Size Forecast by Country
      8.2.1 U.S.
      8.2.2 Canada
   8.3 Basis Point Share (BPS) Analysis by Country
   8.4 Absolute $ Opportunity Assessment by Country
   8.5 Market Attractiveness Analysis by Country
   8.6 North America Vascular Grafts Market Size Forecast by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      8.6.1 Polyurethane
      8.6.2 Kidney Failure
      8.6.3 By Raw Material Polyester
      8.6.4 Coronary Artery Disease
      8.6.5 Cardiac Aneurysm
   8.7 Basis Point Share (BPS) Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   8.8 Absolute $ Opportunity Assessment by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   8.9 Market Attractiveness Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material

Chapter 9 Europe Vascular Grafts Analysis and Forecast
   9.1 Introduction
   9.2 Europe Vascular Grafts Market Size Forecast by Country
      9.2.1 Germany
      9.2.2 France
      9.2.3 Italy
      9.2.4 U.K.
      9.2.5 Spain
      9.2.6 Russia
      9.2.7 Rest of Europe
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 Europe Vascular Grafts Market Size Forecast by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      9.6.1 Polyurethane
      9.6.2 Kidney Failure
      9.6.3 By Raw Material Polyester
      9.6.4 Coronary Artery Disease
      9.6.5 Cardiac Aneurysm
   9.7 Basis Point Share (BPS) Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   9.8 Absolute $ Opportunity Assessment by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   9.9 Market Attractiveness Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material

Chapter 10 Asia Pacific Vascular Grafts Analysis and Forecast
   10.1 Introduction
   10.2 Asia Pacific Vascular Grafts Market Size Forecast by Country
      10.2.1 China
      10.2.2 Japan
      10.2.3 South Korea
      10.2.4 India
      10.2.5 Australia
      10.2.6 South East Asia (SEA)
      10.2.7 Rest of Asia Pacific (APAC)
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Asia Pacific Vascular Grafts Market Size Forecast by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      10.6.1 Polyurethane
      10.6.2 Kidney Failure
      10.6.3 By Raw Material Polyester
      10.6.4 Coronary Artery Disease
      10.6.5 Cardiac Aneurysm
   10.7 Basis Point Share (BPS) Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   10.8 Absolute $ Opportunity Assessment by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   10.9 Market Attractiveness Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material

Chapter 11 Latin America Vascular Grafts Analysis and Forecast
   11.1 Introduction
   11.2 Latin America Vascular Grafts Market Size Forecast by Country
      11.2.1 Brazil
      11.2.2 Mexico
      11.2.3 Rest of Latin America (LATAM)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Latin America Vascular Grafts Market Size Forecast by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      11.6.1 Polyurethane
      11.6.2 Kidney Failure
      11.6.3 By Raw Material Polyester
      11.6.4 Coronary Artery Disease
      11.6.5 Cardiac Aneurysm
   11.7 Basis Point Share (BPS) Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   11.8 Absolute $ Opportunity Assessment by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   11.9 Market Attractiveness Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material

Chapter 12 Middle East & Africa (MEA) Vascular Grafts Analysis and Forecast
   12.1 Introduction
   12.2 Middle East & Africa (MEA) Vascular Grafts Market Size Forecast by Country
      12.2.1 Saudi Arabia
      12.2.2 South Africa
      12.2.3 UAE
      12.2.4 Rest of Middle East & Africa (MEA)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Middle East & Africa (MEA) Vascular Grafts Market Size Forecast by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
      12.6.1 Polyurethane
      12.6.2 Kidney Failure
      12.6.3 By Raw Material Polyester
      12.6.4 Coronary Artery Disease
      12.6.5 Cardiac Aneurysm
   12.7 Basis Point Share (BPS) Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   12.8 Absolute $ Opportunity Assessment by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material 
   12.9 Market Attractiveness Analysis by Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material

Chapter 13 Competition Landscape 
   13.1 Vascular Grafts Market: Competitive Dashboard
   13.2 Global Vascular Grafts Market: Market Share Analysis, 2019
   13.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      13.3.1 LeMaitre Vascular Inc
      13.3.2 Shanghai Suokang Medical Implants Co Ltd
      13.3.3 CR Bard; WL Gore and Associates Inc
      13.3.4 Medtronic plc
      13.3.5 Getinge AB
      13.3.6 Terumo Corporation
      13.3.7 Cook Medical
Segments Covered in the Report
The global Vascular Grafts market has been segmented based on

By Application (Cardiac AneurysmKidney FailureCoronary Artery DiseaseRaw Material
  • Polyurethane
  • Kidney Failure
  • By Raw Material Polyester
  • Coronary Artery Disease
  • Cardiac Aneurysm
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • LeMaitre Vascular Inc
  • Shanghai Suokang Medical Implants Co Ltd
  • CR Bard; WL Gore and Associates Inc
  • Medtronic plc
  • Getinge AB
  • Terumo Corporation
  • Cook Medical

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