Artificial Blood Vessels Market 2022 Emerging Trends
Cardiovascular diseases are class of diseases which affects
heart or blood vessels and includes disorders such as stroke, heart failure,
congenital heart disease, angina, arrhythmia and myocardial infarction,
characterized by chest pain, increasing and irregular heartbeat, excessive
sweating and difficulty in breathing. According to report published by American
Heart Association in 2017, around 92.1 million American adults are living with
some or other type of cardiovascular disease. The estimated number of new heart
attacks in U.S. is 580,000with 210,000 incidences of recurrent attacks. Heart
conditions such as atherosclerotic plaques can result in severe occlusions of
peripheral and coronary arteries. Treatment depends on degree of severity of
disease and includes drug therapy, coronary artery angioplasty and bypass
surgery. Generally, internal mammary arteries are used as replacement grafts.
However, artificial grafts are used for treating those patients who have
severely damaged arteries owing to other chronic diseases or previous
surgeries.
Artificial
Blood Vessels are tubes made of synthetic polymers which are used to
restore blood circulation in disease state. These synthetic blood vessels are
manufactured by using biosynthetic materials such as polyethylene terephthalate
and Polydioxanone owing to high water and chemical resistance, high
conductivity and high permeability to oxygen. Hemoglobin- based oxygen carriers
are one of the commonly used synthetic blood vessels which are to transfer
oxygen molecules form blood stream to heart vessels thereby restoring normal
functioning of heart. Other materials such as Silk have been recently used for
producing artificial blood vessels. Prosthetic silk is manufactured by special
processed silk, with unique knitting technology rolled into a cylinder with
alternative silk as a protective coating, to prevent the leakage of blood.
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Increasing geriatric population with higher risk of developing
cardiovascular disorders is key factor expected to propel growth of the market.
Number of people with aged 60 and more has increased substantially in the past
few years. According to UN aging population is expected to grow at 56% from 901
million in 2015 to 1.4 billion by 2050. Such high prevalence of cardiovascular
diseases will surge growth of artificial blood vessels. Moreover, increase in the healthcare expenditure
of people and favorable reimbursement policies will further drive growth of the
market. However, expensive vascular graft procedures, high cost and high risk
of developing infection is expected to slow down growth of the market.
Major Market Players
Ø W.L. Gore & Associates, Inc.
Ø B. Braun Melsungen AG
Ø Medtronic Plc.
Ø Bard Peripheral Vascular Inc.
Ø
Maquet Holding B.V. & Co. KG
Ø Terumo Medical Corporation
Ø Cook Medical
Ø Heart Medical Europe BV
Ø Jotec GmbH
Ø Lemaitre
Vascular Inc
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Artificial Blood Vessels Market Segmentation:
By Type
- Bypass
Graft
- Peripheral
Vascular Graft
- Endovascular
Stent Graft
- Others
By End User
- Hospitals
- Cardiac
Catheterization Laboratories
- Ambulatory
Surgical Centers
- Specialty
Clinics
- Others
By Region
- North
America
o
U.S
o
Canada
o
Mexico
- Europe
o
Germany
o
France
o
UK
o
Italy
o
Spain
o
Rest of Europe
·
Asia-Pacific
o
Japan
o
China
o
Australia
o
India
o
South Korea
o
Rest of Asia-Pacific
- Rest
of the World
o
Brazil
o
South Africa
o
Saudi Arabia
o
Turkey
o
United Arab Emirates
o
Others
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