Presentation is loading. Please wait.

Presentation is loading. Please wait.

APAC Vascular Graft Market to grow at 7.1% CAGR from 2021 to 2027

Similar presentations


Presentation on theme: "APAC Vascular Graft Market to grow at 7.1% CAGR from 2021 to 2027"— Presentation transcript:

1 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com APAC Vascular Graft Market to grow at 7.1% CAGR from 2021 to 2027: Graphical Research

2 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Asia Pacific Vascular Graft MarketAsia Pacific Vascular Graft Market is growing at a momentous rate due to increase in the number of diabetes and cardiovascular cases in the region. In fact, almost 60% of the global diabetes cases come from Asia Pacific with 50% being from India and China combined. The percentage of people suffering from this ailment is increasing every year, thereby bolstering regional vascular graft consumption. The region is witnessing a worrying rise in the number of kidney failure cases as well. It has amplified the demand for kidney transplants, which widely use the vascular graft. The rising percentage of geriatric population in Asia Pacific is one of the major factors that will raise the need for vascular graft. Most of the countries in the region like China and Japan have a lower death rate because of the longer lifespan the populations enjoy. This has resulted in an increase in the number of chronic diseases like thoracic and abdominal aortic aneurysms. These ailments extensively use vascular grafts that help normalize the functioning of the affected vital organs. Endovascular aneurysm & peripheral vascular repairs and hemodialysis access procedures use vascular grafts to a great extent. Among these, the peripheral vascular repair segment of APAC vascular graft market region achieved $121.2 million in valuation in 2020 and is anticipated to grow at a steady rate in the future as well. One of the major reasons for this is the lesser number of complications involved in using vascular grafts in this procedure. Another important reason behind the vascular graft demand is because of rise in the number of Peripheral Arterial Disease (PAD) cases in the region. Many studies have revealed that the number of PAD cases occurring in Asia Pacific is nearly 4 times higher than those in Europe. The more worrying fact is that ailments like diabetes and PAD affect a notable part of the younger population residing in the region. These factors will have a major impact on the progress of Asia Pacific vascular graft market.

3 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Get sample copy of this research report @ https://bit.ly/3df4sdFhttps://bit.ly/3df4sdF Raw materials like polyester, polyurethane, EPTFE and biosynthetic are used to manufacture vascular grafts. Out of these, the regional market share from polyester segment will showcase 7.5% CAGR through 2027. One of the important reasons for using this material is that it has a high success rate and provides a protective biological seal, which prevents the onset of infections. This material has undergone many technological advancements as well to make it more suitable for human use. Polyester-based vascular grafts are gaining popularity because of the rising preference among hospitals for this material. One of the main reasons for this is that these grafts are highly compatible with the patient’s blood, thereby dramatically reducing the chances of adverse infections to a great extent. They are highly durable in nature and possess greater tensile strength as compared to their counterparts. Japan vascular graft market will gain momentum in the coming years and will register 7% CAGR through 2027. This is because of the presence of a high percentage of elderly population aged 65 and above. It has caused a sudden increase in the number of age-related ailments in the country. This will create a huge demand for vascular grafts to treat severe ailments like cardiac arrests. Some of the renowned companies involved in manufacturing vascular grafts in Asia Pacific are Becton Dickinson (C.R. Bard), Cook Medical, B. Braun Melsungen, Getinge AB, Endologix and many others. Request for customization @ https://bit.ly/3zI15TWhttps://bit.ly/3zI15TW

4 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Segmentation of Asia Pacific Vascular Graft Market: Asia Pacific Market, By Application Endovascular aneurysm repair Abdominal aortic aneurysm repair Thoracic aortic aneurysm repair Peripheral vascular repair Hemodialysis access Asia Pacific Market, By Raw Material Polyester grafts EPTFE grafts Polyurethane grafts Biosynthetic grafts Asia Pacific Market, By End-use Hospitals Ambulatory surgical centers Others

5 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email: sales@graphicalresearch.com Web: https://www.graphicalresearch.comsales@graphicalresearch.comhttps://www.graphicalresearch.com

6 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Website: www.graphicalresearch.comwww.graphicalresearch.com Social Media: Assured Quality Industry Experts On-Time Delivery Payment Security Stay In Touch With Us For:


Download ppt "APAC Vascular Graft Market to grow at 7.1% CAGR from 2021 to 2027"

Similar presentations


Ads by Google