Data Bridge Market Research analyses that the vascular patches market was valued at a USD 455.24 million in 2021 and is further estimated to reach USD 907.08 million by 2029, and is expected to grow at a CAGR of 9% during the forecast period of 2022 to 2029.

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Market Overview:

“Vascular Patches Market’ are highly biocompatible, have little suture line bleeding due to their very elastic substance and excellent tissue assimilation, do not require impregnation or pre-clotting, and have good handling properties. Cardiovascular illnesses are the biggest cause of death, according to the World Health Organization (WHO), claiming nearly 17.9 million lives each year.

Vascular Patches Market Dynamics

Drivers

- Rise in the incidence of cardiovascular diseases
The industry is predicted to develop as cardiovascular diseases (CVD) prevalence rises. According to a May 2019 article published by the National Center for Health Statistics (NCHS), around 18.2 million persons aged 20 and older in the United States had coronary artery disease (CAD) is further anticipated to propel the growth of the vascular patches market.

- Growing adoption of biological patches
Biological vascular patches have the highest adoption rate in the market due to their outstanding biocompatibility, minimal risk of infection, safety, and ease of use which will further accelerate the growth of the market.

- Increase in the geriatric population

Increasing geriatric population due to their increased risk of cardiovascular disease. According to a March 2015 article published by the United States Census Bureau, the geriatric population in the United States is expected to grow from 319 million to 417 million between 2014 and 2060, reaching 400 million in 2051 is a factors contributing the growth of the vascular patches market.

Opportunities

In addition, the increase in the development of emerging markets is further estimated to provide potential opportunities for the growth of the vascular patches market in the coming years.

Restraints/Challenges Global Vascular Patches Market

On the other hand, the decrease in the number of carotid endarterectomy surgeries is further projected to impede the growth of the vascular patches market in the targeted period. However, the

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Market Players Covered:

- L. Gore & Associates
- Anteris (Australia)
- Labcor Laboratórios (Brazil)
- Johnson & Johnson Private Limited (US)
- Terumo Corporation (Japan)
- BD (US)
- Braun Melsungen AG (Germany)
- LeMaitre Vascular
- Getinge AB (Sweden)
- Baxter (US)
- Edwards Lifesciences Corporation (US)
- Neovasc Inc. (Canada)
- CryoLife
- Medtronic (US)
- McKesson Medical-Surgical Inc. (US)
- Agilent Technologies (US)
- Axogen Corporation (US)

What benefits does DBMR study is going to provide?

- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments

Geographically, the following regions together with the listed national/local markets are fully investigated:

– APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

– Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

– North America (U.S., Canada, and Mexico)

– South America (Brazil, Chile, Argentina, Rest of South America)

– MEA (Saudi Arabia, UAE, South Africa)

Highlights of TOC:

- Chapter 1: Market overview
- Chapter 2: Global Vascular Patches Market
- Chapter 3: Regional analysis of the Global Vascular Patches Market industry
- Chapter 4: Vascular Patches Market segmentation based on types and applications
- Chapter 5: Revenue analysis based on types and applications
- Chapter 6: Market share
- Chapter 7: Competitive Landscape
- Chapter 8: Drivers, Restraints, Challenges, and Opportunities
- Chapter 9: Gross Margin and Price Analysis

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Critical Insights Related to the Vascular Patches Included in the Report:

- Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
- Value chain analysis of prominent players in the market
- Current trends influencing the dynamics of this market across various geographies
- Recent mergers, acquisitions, collaborations, and partnerships
- Revenue growth of this industry over the forecast period
- Marketing strategy study and growth trends
- Growth driven factor analysis
- Emerging recess segments and region-wise market
- An empirical evaluation of the curve of this market
- Ancient, Present, and Probable scope of the market from both prospect value and volume

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