Vascular Surgery and Endovascular Procedures Market , industry,...

Vascular Surgery and Endovascular Procedures Market , industry, size, share trends, growth, demand, opportunities and forecast by 2030

Posted 2024-03-21 09:05:40

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The Vascular Surgery and Endovascular Procedures Market is expected to grow during the forecast period due to increasing demand at the end-user level. This report will not only give you an edge over the competition, but it will also allow you to beat the competition. The market report provides information on the latest developments, product launches, joint ventures, mergers and acquisitions of various key players and brands, and also provides an overview of market definitions, classifications, and market trends. This report will help you in making decisions regarding the market. Segment the global Vascular Surgery and Endovascular Procedures Market size value and volume on the basis of manufacturers, type, application and region.

Data Bridge Market Research analyses the vascular surgery and endovascular procedures market growth rate in 2023-2030. The expected CAGR of the vascular surgery and endovascular procedures market is around 6.50% in the mentioned forecast period.

Market Overview

Vascular surgery is a type of surgery that is done to treat the diseases associated with the vascular system. Endovascular surgery is used for treating diseases that affect the blood vessels. Vascular surgery is minimally invasive, and endovascular surgery is less invasive. Aortic aneurysms, deep vein occlusions, blood clots, chylothorax, and renal aneurysms, among others, are common indications treated through these types of surgeries.

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Vascular Surgery and Endovascular Procedures Market Dynamics

Drivers

Increased Technological Advancements in Vascular Surgery And Endovascular Procedures

Several market players are mainly focusing on launching innovative products that will help in the surgeries, further adding fuel to the market growth. For instance, Terumo Aortic launched PANTHER, a global surgical graft study of knitted and woven surgical grafts, in 2021. Thus, this is expected to boost market growth.

Growing Preference for Endovascular Aneurysm Repair (EVAR) Procedure

The EVAR is widely accepted as a standard of care for aortic aneurysms and supported by vascular surgeons because of several factors. Factors such as faster return to routine activities, relatively less blood loss, shorter stay in the hospital, and short procedure time are associated with it. Numerous products are launched in this regard, boosting the market growth. For instance, Endologix launched Alto Abdominal Stent Graft System in Canada and Argentina in 2021. The launch enhances the company's global reach with advanced endovascular aneurysm repair (EVAR) technology. Thus, this boosts the market growth

Opportunities

Growing Strategic Acquisitions between Market Players

Some partnerships and acquisitions are adopted by major market players that are enhancing the market's growth. For instance, Terumo Corporation announced the acquisition of Aortic Corporation in 2019. The acquisition helped the growth of the company's vascular grafts business segment and led to the adoption of personalized aortic therapy. Thus, this factor boosts market growth.

Increasing Incidence of CKD

More than 2 million people globally receive dialysis treatment. About 37 million people in the U.S., and 3 million are expected to suffer from CKD. The latest data states that around 9·1% to 13·4% of the global population (between 700 million and one billion people) suffer from chronic kidney disease (CKD). This increasing incidence demands the high use of vascular surgeries and endovascular procedures as it will help them to recover faster. This factor creates more opportunities for market growth.

Restraints/Challenges

High Cost of Vascular Surgeries

Several hospitals in underdeveloped and developing nations cannot invest in these surgeries due to high costs and budgetary constraints. Also, due to the increasing demand for surgeries worldwide, the hospitals that cannot afford to buy new equipment favor rebuilt ones. Thus, this factor restraints the market growth.

This vascular surgery and endovascular procedures market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Vascular surgery and endovascular procedures market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Key players operating in the vascular surgery and endovascular procedures market include:

B.D. (U.S.)
Edwards Lifesciences Corporation (U.S.)
pfm medical ag (Germany)
Life Systems (Australia)
BOSS Instruments, Ltd (U.S.).
Cook (U.S.)
LeMaitre Vascular, Inc (U.S.).
Medtronic (Ireland)
Terumo Systems Corporation (Japan

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Vascular Surgery and Endovascular Procedures Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations