Registering a CAGR of 7.24% over the forecast period of 2022-2027, the vascular graft market is anticipated to reach the market value of US$ 5.26 billion in the year 2027 from US$ 3.01 billion in the year 2021.
The global vascular grafts market size was valued at USD 3.01 billion in 2021 and is projected to grow at a CAGR of 7.24% from 2022 to 2027. Key factors driving the market growth include the increasing number of dialysis procedures and rising chronic kidney disease (CKD) cases globally. Worldwide, over 2 million people receive treatment for dialysis. Around 37 million people in the U.S and 3 million people are estimated to suffer from CKD. Moreover, the prevalence of cardiovascular diseases, diabetes, and end-stage renal disease is also expected to drive the market. Cardiovascular disease (CVD) is the leading cause of death in the U.S. and according to the data published by World Health Organization, an estimated 17.9 million people died due to CVD in 2019. Moreover, the rising healthcare expenditure, availability of reimbursement policies, and rising demand for products with technological advancements are expected to offer multiple opportunities for market growth during the forecast period.
The report also assesses the key opportunities in the Vascular Graft market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Vascular Graft Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key Players in the Vascular Graft Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Vascular Graft Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report include Abbott Laboratories (NYSE: ABT), Bard Peripheral Vascular Inc. (BD), Cook Medical, Cryolife, Getinge Group, Terumo, W. L. Gore, JUNKEN MEDICAL, B.Braun, LeMaitre, Shanghai Suokang, Shanghai Chest Medical, Cardinal Health (Cordis) and others.
Global Vascular Graft Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
By Type, Vascular Graft Market has been segmented into
By Applications, Vascular Graft Market has been segmented into
The report offers an in-depth assessment of the growth and other aspects of the Vascular Graft Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
North America is Anticipated to Retain Largest Market Share During the Forecast Period -North America dominates the vascular graft market. North America sustained its dominant share due to the high prevalence rate of diabetes, cardiovascular diseases, and chronic kidney disease. The presence of reimbursement coverage and availability of state-of-the-art healthcare infrastructure are driving the growth of this market in North America.
Asia-Pacific is estimated to show the fastest growth during the forecast period due to increasing incidences of cardiovascular disease and diabetes and improving healthcare infrastructure.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 7.24% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| Abbott Laboratories, Bard Peripheral Vascular Inc. (BD), Cook Medical, Cryolife, Getinge Group, Terumo, W. L. Gore, JUNKEN MEDICAL, B.Braun, LeMaitre, Shanghai Suokang, Shanghai Chest Medical, Cardinal Health (Cordis) |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Vascular Graft Market is studied from 2017 - 2027.
What is the growth rate of Vascular Graft Market?
The Vascular Graft Market is growing at a CAGR of 7.24% over the next 5 years.
Who are the key players in Vascular Graft Market?
Abbott Laboratories, Bard Peripheral Vascular Inc. (BD), Cook Medical, Cryolife, Getinge Group, Terumo, W. L. Gore, JUNKEN MEDICAL, B.Braun, LeMaitre, Shanghai Suokang, Shanghai Chest Medical, Cardinal Health (Cordis)
What region does this Vascular Graft Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Vascular Graft Market?
ePTFE Vascular Graft, Polyester Vascular Graft, PTFE Vascular Graft, Others
What are the major end-use applications of Vascular Graft Market?
Passenger Vehicle, Commercial Vehicle
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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