are some of the key market players. These firms majorly focus on expanding the customer reach and accelerating production capacity to boost their market position.
Authors:
Mariam Faizullabhoy
Frequently Asked Questions (FAQ) :
Global market for vascular graft was valued at more than USD 2.5 billion in 2022 and is set to progress at over 8% CAGR between 2023 and 2032. This can be credited to the growing burden of chronic diseases coupled with escalating incidences of end-stage renal disease.
Endovascular aneurysm repair segment recorded more than USD 1 billion valuation in 2022 due to its low cost, short hospital stays, low risks, and soaring adoption rate of minimally invasive surgical procedures.
EPTFE segment held over 28% market share in 2022 as a result of advancements in EPTFE graft technology and their higher porosity and greater pliability.
Asia Pacific vascular graft market is slated to progress at over 9% CAGR from 2023 to 2032 on account of the growing geriatric population that is driving the demand for minimally invasive vascular surgeries in the region