Vascular Grafts Market worth 3.80 Billion USD by 2022

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MarketsandMarkets Presents

• Vascular Graft Market
•  - Global Forecasts to 2022

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• The global vascular graft market is expected to
  reach USD 3.80 Billion by 2022 from USD 2.67
  Billion in 2017, at a CAGR of 7.3. Growth in the
  vascular grafts market is mainly driven by the
  constant growth in the geriatric population and
  the corresponding prevalence of aneurysms,
  increasing incidence of end-stage renal disease,
  and the growing preference for minimally invasive
  surgeries.
• The global vascular graft market is segmented by
  raw material, indication, end user, and regions.
  Based on raw material, the vascular grafts market
  is segmented into ePTFE grafts, polyester grafts,
  polyurethane grafts, and biosynthetic grafts.
  Polyester grafts are expected to dominate this
  market in 2017. Advantages such as the high
  patency, greater lifespan, and higher porosity of
  polyester grafts are majorly responsible for the
  high demand and adoption of polyester grafts
  among end users. This segment is also estimated
  to register the highest CAGR during the forecast
  period.

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https//www.marketsandmarkets.com/Market-Repo
rts/vascular-graft-market-179457001.html By
indication, the vascular graft market is
categorized into endovascular aneurysm repair
(EVAR), hemodialysis access, and peripheral
vascular aneurysm. The EVAR segment is estimated
to account for the largest share of the market in
2017 and is also expected to grow at the highest
CAGR during the forecast period. The growth of
this segment is mainly driven by the rising
adoption of endovascular aneurysm repair surgical
procedures, increasing preference for minimally
invasive surgical procedures over open surgeries,
and growing geriatric population.
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• Based on end users, the vascular graft market is
  segmented into hospitals and ambulatory surgical
  centers (ASCs). The hospitals segment dominated
  the market in 2017 and is expected to grow at the
  highest CAGR during the forecasted period. The
  high growth of this segment is attributed to
  factors such as the rising number of minimally
  invasive surgical procedures in hospitals and
  favorable reimbursement scenario for vascular
  grafts in most developed countries.
• The global vascular graft market is dominated by
  North America, followed by Europe. North America
  will continue to dominate the global vascular
  grafts market during the forecast period. Factors
  such as the rising government initiatives and
  increasing healthcare expenditure and increasing
  research and development in the field of vascular
  grafts research are driving the growth of the
  market in this region.
• The major players operating in this market are B.
  Braun (Germany), C. R. Bard (US), Cardinal Health
  (US), Cook Medical (US), Endologix (US), LeMaitre
  Vascular (US), Medtronic (Ireland), Maquet
  (Germany), Terumo (Japan), and Gore Medical (US).

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