Global Vascular Graft Market Size, Share, Forecast Report, 2020-2027

The Global Vascular Graft Market was valued at USD 2.66 billion in 2017 and is anticipated to garner USD 4.14 billion by the end of 2023. The market across the globe is expected to register 7.6% CAGR during the forecast period (2017-2023). Vascular graft is termed as a medical device which acts as an artificial blood vessel and is implanted in patients with blocked blood vessels. A vascular draft redirects the blood flow from one area to another area and helps to restore the normal blood flow within the body.

Vascular grafts are considered one of the most prominent prosthetics used in cardiovascular and vascular surgeries owing to their ability to improve vascular access. Increasing prevalence of cardiac diseases, end-stage renal diseases, and growing prevalence of diabetes, coronary artery diseases, cardiac aneurysms, and hypertension are considered some of the major growth factors. Apart from such hereditary and genetic factors, alcohol consumption, unhealthy lifestyle, and tobacco smoking are presumed to trigger the demand for vascular graft market. With the ever-increasing geriatric population, changing lifestyle, and technological advancements, the market for vascular graft is considered to accelerate. For instance, technologically advanced devices are introduced in order to meet clinical need for off-shelf small diameter vascular grafts with high-quality properties of the autologous vessel.

Major Market Key Players

Notable players of global vascular graft market comprise Cardinal Health (US), Gore Medical (US), Terumo (Japan), C. R. Bard (US), Medtronic (Ireland), LeMaitre Vascular (US), B. Braun Melsugen AG (Germany), Endologix (US), Maquet (Germany), and Cook Medical (US).

Segmentation Analysis

The global vascular graft market has been segmented on the basis of raw material, indication, end-user, and region.

Based on raw material, the global vascular graft market has been segmented into polyester grafts, EPTFE grafts, polyurethane grafts, and biosynthetic grafts. While polyester grafts hold the major market share among all the segments, biosynthetic graft is considered to be the fastest growing segment.

Based on indication, the global vascular graft market has been segmented into endovascular aneurysm repair, peripheral vascular repair, and hemodialysis access. Endovascular aneurysm repair is considered to be the major segment among all the segments. The peripheral vascular repair segment is expected to be the fastest growing segment.

Based on end-user, the global vascular graft market has been segmented into hospitals and ambulatory surgical centers. Among these, the hospitals hold the major segment and are anticipated to maintain its dominance during the review period. The ambulatory surgical centers are the fastest growing segment across the globe.

Global Vascular Graft Market by Raw Material

• Polyester Grafts
• EPTFE Grafts
• Polyurethane Grafts
• Biosynthetic Grafts

Global Vascular Graft Market by Indication

• Endovascular Aneurysm Repair
• Peripheral Vascular Repair
• Hemodialysis Access

Global Vascular Graft Market by End User

• Hospitals
• Ambulatory Surgical Centers

Global Vascular Graft Market by Region

• Americas
• Europe
• Asia Pacific
• Middle East & Africa