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Vascular Patches Market by Material (Biologic, Synthetic), Application (Carotid Endarterectomy, Open Repair of Abdominal Aortic Aneurysms, Vascular Bypass Surgery), Patient Care Setting (Hospitals, Ambulatory Surgical Centers) - Global Forecast to 2023

Vascular Patches Market by Material (Biologic, Synthetic), Application (Carotid Endarterectomy, Open Repair of Abdominal Aortic Aneurysms, Vascular Bypass Surgery), Patient Care Setting (Hospitals, Ambulatory Surgical Centers) - Global Forecast to 2023

Vascular Patches“The global vascular patches market is projected to grow at a CAGR of 8.5% during the forecast period.”
The vascular patches market is expected to reach USD 525.8 million by 2023 from USD 349.6 million in 2018, at a CAGR of 8.5%. Factors such as rapidly growing geriatric population and the subsequent increase in the prevalence of vascular diseases; increasing number of vascular surgeries performed; and increasing adoption of biological patches are driving the growth of the market. The decreasing number of carotid endarterectomy surgeries and product failures and recalls are expected to limit market growth in the coming years.

“The biologic vascular patch segment is estimated to grow at the fastest rate in the next five years.”
On the basis of material, the vascular patches market is segmented into biologic vascular patches and synthetic vascular patches. The biologic vascular patches segment is expected to grow at the highest CAGR during the forecast period. Growth in this market can largely be attributed to the advantages associated with the use of biologic vascular patches, such as superior biocompatibility, ease of use, minimal suture line bleeding, and reduced rates of infection in comparison with synthetic patches.

“Asia Pacific is estimated to grow at the highest CAGR during the study period.”
Geographically, the vascular patches market is dominated by North America, followed by Europe in 2017. However, Asia Pacific is estimated to grow at the fastest rate due to the rising prevalence of cardiovascular diseases and the implementation of favorable government initiatives in several Asian countries. In India, for example, the central government and the Health Ministry launched the AMRIT (Affordable Medicines & Reliable Implants for Treatment) program in 2015, which enables pharmacies in government hospitals to sell various devices, cardiac implants, and cardiovascular drugs at 50-60% lower prices. Such initiatives will help boost the demand for cardiac products, including vascular patches, in the coming years.

The primary interviews conducted for this report can be categorized as follows:
By Company Type: Tier 1-35%, Tier 2-22% and Tier 3- 43%
By Designation: C level-15%, Director level-32%, Others-53%
By Region: North America-34%, Europe-25%, Asia Pacific-23%, Rest of the World-18%

The key players in the vascular patches market include Terumo Corporation (Japan), C. R. Bard, Inc. (US), B. Braun Melsungen AG (Germany), LeMaitre Vascular, Inc. (US), Maquet (Germany), W. L. Gore & Associates, Inc. (US), Admedus (Australia), CryoLife, Inc. (US), Labcor Laboratórios Ltda (Brazil), Baxter International Inc. (US), and Edwards Lifesciences Corporation (US).

Research Coverage:
The report analyses the vascular patches market by material, application, end user, and region. Apart from a comprehensive geographic product analysis and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players over the last three years. In addition, the company profiles include product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market. Market research data, current market size, and forecast of the future trends will help key market players and new entrants make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output to remain successful.

Key Benefits of Buying the Report:
This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares. Firms purchasing the report can use one or a combination of the below mentioned five strategies for strengthening their market shares.

The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the vascular patches market
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the vascular patches market
Competitive Assessment: In-depth assessment of the market strategies, geographic, and business segments and product portfolios of the leading players in the vascular patches market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various vascular patch products across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the vascular patches market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH APPROACH
    • RESEARCH DATA
      • SECONDARY SOURCES
      • PRIMARY SOURCES
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • VASCULAR PATCHES: MARKET OVERVIEW
    • ASIA PACIFIC: VASCULAR PATCHES MARKET, BY APPLICATION (2018)
    • VASCULAR PATCHES MARKET, BY MATERIAL (2018-2023)
    • GEOGRAPHICAL SNAPSHOT OF THE VASCULAR PATCHES MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • TRENDS
  • VASCULAR PATCHES MARKET, BY MATERIAL
    • INTRODUCTION
      • Table VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
    • BIOLOGIC VASCULAR PATCHES
      • Table BIOLOGIC VASCULAR PATCHES MARKET, BY REGION, 2016-2023 (USD MILLION)
    • SYNTHETIC VASCULAR PATCHES
      • Table SYNTHETIC VASCULAR PATCHES MARKET, BY REGION, 2016-2023 (USD MILLION)
  • VASCULAR PATCHES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
    • CAROTID ENDARTERECTOMY
      • Table VASCULAR PATCHES MARKET FOR CAROTID ENDARTERECTOMY, BY REGION, 2016-2023 (USD MILLION)
    • OPEN REPAIR OF ABDOMINAL AORTIC ANEURYSMS
      • Table VASCULAR PATCHES MARKET FOR OPEN REPAIR OF ABDOMINAL AORTIC ANEURYSM, BY REGION, 2016-2023 (USD MILLION)
    • VASCULAR BYPASS SURGERY
      • Table VASCULAR PATCHES MARKET FOR VASCULAR BYPASS SURGERY, BY REGION, 2016-2023 (USD MILLION)
    • OTHER APPLICATIONS
      • Table VASCULAR PATCHES MARKET FOR OTHER APPLICATIONS, BY REGION, 2016-2023 (USD MILLION)
  • VASCULAR PATCHES MARKET, BY END USER
    • INTRODUCTION
      • Table VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • HOSPITALS AND CLINICS
      • Table VASCULAR PATCHES MARKET FOR HOSPITALS & CLINICS, BY REGION, 2016-2023 (USD MILLION)
    • AMBULATORY SURGICAL CENTERS
      • Table VASCULAR PATCHES MARKET FOR AMBULATORY SURGICAL CENTERS, BY REGION, 2016-2023 (USD MILLION)
  • VASCULAR PATCHES MARKET, BY REGION
    • INTRODUCTION
      • Table VASCULAR PATCHES MARKET, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: VASCULAR PATCHES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • US
        • Table US: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table US: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table US: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table CANADA: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table CANADA: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: VASCULAR PATCHES MARKET, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table EUROPE: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table EUROPE: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table GERMANY: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table GERMANY: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • UK
        • Table UK: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table UK: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table UK: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table FRANCE: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table FRANCE: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • ITALY
        • Table ITALY: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table ITALY: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ITALY: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • ROE
        • Table ROE: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table ROE: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ROE: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • Table APAC: VASCULAR PATCHES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table APAC: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table APAC: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table CHINA: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table CHINA: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table JAPAN: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table JAPAN: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table INDIA: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table INDIA: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • ROAPAC
        • Table ROAPAC: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
        • Table ROAPAC: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ROAPAC: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • REST OF THE WORLD
      • Table ROW: VASCULAR PATCHES MARKET, BY MATERIAL, 2016-2023 (USD MILLION)
      • Table ROW: VASCULAR PATCHES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table ROW: VASCULAR PATCHES MARKET, BY END USER, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF KEY PLAYERS
      • Table RANKING OF COMPANIES IN THE GLOBAL VASCULAR PATCHES MARKET (2017)
    • COMPETITIVE SCENARIO
      • EXPANSIONS
        • Table EXPANSIONS, 2015-2018
      • PRODUCT LAUNCHES AND APPROVALS
        • Table PRODUCT LAUNCHES AND APPROVALS, 2015-2018
      • AGREEMENTS AND PARTNERSHIPS
        • Table AGREEMENTS AND PARTNERSHIPS, 2015-2018
      • INVESTMENTS
        • Table INVESTMENTS, 2015-2018
  • COMPANY PROFILES
    • LEMAITRE VASCULAR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BAXTER INTERNATIONAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MAQUET (SUBSIDIARY OF GETINGE AB)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • B.BRAUN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • W. L. GORE & ASSOCIATES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ADMEDUS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CRYOLIFE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • C. R. BARD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EDWARDS LIFESCIENCES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LABCOR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TERUMO CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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