Global Vascular Patches Market to reach USD 700.8 million by 2025 | CAGR:9.74%
Global Vascular Patches Market is valued at USD 303.6 million in 2016 is anticipated to grow USD 700.8 million with the compounded annual growth of 9.74% over the forecast period 2017-2025.
New York 4 June 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Vascular Patches industry is poised to raise USD 700.8 million by 2025. Growth in the vascular patches market is mainly driving the rapidly growing geriatric population with the subsequent increase in the prevalence of vascular diseases, which in turn is increasing the number of vascular surgeries being performed, with the increasing adoption of biological patches. The emerging markets are expected to offer a wide range of growth opportunities for many players in the market. To view the summary or to request a sample copy of this report, please click the link mentioned below:
Global Vascular Patches Market Size Estimates By Material (Biologic Vascular Patches, Synthetic Vascular Patches) By Application (Carotid Endarterectomy, Open Repair of Abdominal Aortic Aneurysms, Vascular Bypass Surgery, Other Applications) By End User (Hospitals & Clinics, Ambulatory Surgical Centers) and by Region (North America, Europe, Asia Pacific, and Rest of the World) 2017-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Lemaitre Vascular, Baxter International, Maquet (Subsidiary of Getinge Ab), B. Braun, W. L. Gore & Associates, Admedus, Cryolife, C. R. Bard, Edwards Lifesciences, Labcor, Terumo Corporation. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The North America region estimated for dominating the Vascular Patches market during the forecast period.
- The North America region will be the highest growing segment with respect to geographical segmentation by around XX%
- North America Vascular Patches market is estimated to grow at the highest CAGR during the forecast period.
- The hospitals & clinics segment is estimated to grow at the highest CAGR during the forecast period.
Bizwit Research & Consulting LLP has considered the following segments for the study:
- By Material
- Biologic Vascular Patches
- Synthetic Vascular Patches
- By Application
- Carotid Endarterectomy
- Open Repair of Abdominal Aortic Aneurysms
- Vascular Bypass Surgery
- Other Applications
- By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Regional Outlook
- North America
- Asia Pacific
- Latin America
- Rest of the World
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