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Albany, NY -- (SBWIRE) -- 04/06/2017 -- Market Research Reports Search Engine (MRRSE) announces the addition of a new report titled "Vascular Graft Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023". Vascular surgical procedure remains often invasive and needs prolonged hospital stays. Conventional vascular surgery comprises of opening the body, cutting vessels, and closing it by means of sutures, it consist of procedures such as carotid endarterectomy, open abdominal aneurysm repair and lower extremity bypass surgery.
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In contrast, majority of vascular graft procedures are usually are minimally invasive besides involve repairing vessels from inside. Catheter-based devices are introduced through a minor incision and are directed with the aid of real-time imaging technologies. Typical endovascular procedures comprises of stenting, angioplasty, stent-grafting, and atherectomy.
Vascular graft is a medical procedure that is done to redirect the flow of blood in an area of the body and is generally performed due to the insufficient blood flow and as a part of organ transplantation. In general, a person's own vein is chosen as a graft material or other synthetic materials such as Dacron, ePTFE or a different person\'s vein are also generally used. Moreover, can also be redirected and serve as vascular grafts. An ideal vascular graft consist of the following characteristics such as appropriate size to match the host vessels, rapid healing, ease of handling, increased porosity, resistance to infection, low thrombogenicity and economical
The global vascular graft market is segmented based on types, products, application and geography. The vascular grafts are of various types such as autologous, preserved autologous and synthetic. The autologous includes saphenous veins and radial artery; preserved autologous includes cryopreserved veins, whereas the synthetic grafts consist of PTFE, Teflon and Dacron. The PTFE has gained more popularity over Dacron due to the better tissue adhesion, improved pliability and lack of requirement to preclot prior to implantation. The products include endovascular stent graft, peripheral vascular graft, hemodialysis access graft and coronary artery bypass graft. The endovascular stent graft is known to have a largest market share in this segment due to high volume of EVAR (endovascular aortic repair) procedures. The applications include cardiovascular diseases, kidney failure, vascular occlusion, aneurysm, diabetes and others.
Based on the geography, market segmentation is North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America dominates the vascular graft market due to the presence of advanced healthcare infrastructures, reimbursement policies and adoption of new innovative products. However, Asia Pacific is expected to be the fastest growing in the vascular graft market due to the government initiatives and fast development in the research facilities.
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Some of the factors such as rise in the healthcare expenditures, increasing demand of minimally invasive procedures, increase in the prevalence of cardiovascular diseases, ageing population are some of factors responsible to drive the global vascular graft market. However, sometime the failure of the products and alternative therapies acts as a restrain or hinders the growth of the market. The rise in the unhealthy lifestyle of the people and reimbursement policies in the developed nations will create an opportunity to vascular graft market.
Some of the key players in the vascular graft market are Medtronic Plc., Bard Peripheral Vascular Inc., W.L. Gore & Associates, Inc., Cook Medical, LeMaitre Vascular Inc. Humacyte, Inc. and Terumo Medical Corporation, and B. Braun.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
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Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
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