Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Artificial Blood Vessels Market

Artificial Blood Vessels Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

A10871
Pages: NA
Dec 2021 | 213 Views
   
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Artificial Blood Vessels Market

Request Now !

Blocked blood vessels can complicate medical conditions that may result in fatality. As a result, artificial blood vessels are used to replace these damaged blood vessels. Artificial blood vessels refer to tubes made from various synthetic materials in order to restore and normalize blood circulation during disease conditions. They are mainly used to substitute aorta and are connected to two ends of blood vessels. These artificial blood vessels comprises biosynthetic materials like Polydioxanone and polyethylene terephthalate, due to mechanical properties such as high resistance against water and chemical, high oxygen permeability and high conductivity.

Hemoglobin-based oxygen carriers being commonly used artificial blood vessels, facilitate the transfer of oxygen molecules to heart vessels form the blood stream, thereby aiding in restoration of regular cardiac functioning. Silk has been recently used in manufacturing of artificial blood vessels, with prosthetic silk mostly used and further features alternative silk to provide protective coating, to ensure prevention of blood leakage.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Polymer Type, Applications, End user and Region

  Regions covered

•             North America (U.S., Canada, Mexico)

•             Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•             Asia-Pacific (Japan, China, India, Australia, South Korea, Rest          of Asia-Pacific)

•             LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

  Companies covered

Becton, Dickenson and Company, ArtiCasc 3D, Humacyte Inc., Techshot Inc., B. Braun Melsungen, Medtronic plc., Terumo Medical Corporation, LeMaitre Vascular Inc., W. L. Gore and Associates and Cook Medical Incorporated.

 

COVID – 19 scenario analysis: 

  • The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses.
  • Industry closures and people are asked to stay in their homes, which has taken a huge toll in terms of money and economic growth.
  • Over 4 million people affected globally, with 300 thousand losing their lives due to SARS-CoV-2.
  • Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers.
  • Due to diversion of medical field toward treating COVID-19, this segment has to face negligence subsequently causing negative impact on the artificial blood vessels market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

High prevalence of cardiovascular diseases globally, increasing need to bypass grafting procedures and growing adoption of artificial vessels in such medical procedures are the driving factors of the artificial blood vessels market. Arteriosclerotic vascular disorders is one of the major causes leading to fatality in developed regions like the U.S. and Europe. A bypass operation being the only valid solution in such cases and technological advancements in artificial blood vessels that have enabled these vessels to mimic various biological features observed in the natural blood vessels found in the body, which has led to their acceptance and has emerged as an alternative to conventional bypass surgeries that used blood vessels from another part of patient’s body to replace the damaged ones is also augmenting the growth of the market around the world. Artificial blood vessels further reduce the chances of risks and complications associated with transplanting vessels from other parts of a patient's body such as development of arteriosclerosis and other post-surgical complications.

The adoption of artificial blood vessels has various benefits including regulatory compliance, prevention of blood coagulation when in contact with blood, and high resistance to several infections coupled the healing, contracting, remodeling abilities and secretion of byproducts similar to that of natural blood vessel products and it represents these vessels as an ideal vascular graft. These advantages owing to use of artificial blood vessels would surge the implementation of these products. Furthermore, the basic requirements optimal for constructing an artificial vessel are a structural scaffold (preferably made of biodegradable polymer or collagen), a nurturing environment and vascular cells. These requirements are met by artificial blood vessels which also possess the abilities to imitate the vascular cells and do that by creating pulsatile flow. These factors would augment the growth of this market in near future.

On the contrary, stringent regulatory scenario associated with approval of innovative solutions may hamper the market growth. Additionally, high investment related with bypass surgeries and transplants involving artificial blood vessels would further restrain the growth for this market globally.

Rise in aortic diseases to boost the market

Rising prevalence of aortic diseases around the world would ensure growth of the artificial blood vessels market. Aorta being the largest blood vessel in the body, several disorders and medical conditions can damage aorta with aortic aneurysm being most commonly reported aortic disorder. Atherosclerosis, genetic conditions, hypertension, connective tissue ailments, and injury are the other disorders affecting aorta. The growing burden of these diseases will fuel the artificial blood vessels market growth. According to the Centers for Disease Control and Prevention (CDC), aortic aneurysm caused over 17 thousand deaths in 2014, in the U.S.  

A report by D. P. J. Howard et al., stated in Wiley Online Library, the cases people suffering from of acute abdominal aortic aneurysm (AAA) per 100,000 patients, annually was 55 in adults aged between 65 and 74 years, and multiplied to 112 for people aged between 75 and 84 years and further soared tremendously at 298 for people belonging to age group 85 years and above. Hence, the prevalence of aortic diseases would propel the market in the future.

North American region dominates the market

North America is expected to lead the artificial blood vessels throughout. The dominance is due to factors such as rise in the prevalence of chronic diseases and higher adoption of technology in the region. According to the Centers for Disease Control and Prevention, cardiac diseases are a leading cause of death in American men. According to the CDC report published in 2019, aortic aneurysms led to 9,928 fatalities in 2017 in the U.S. The growing burden of aortic diseases will facilitate the growth for the artificial blood vessels market. Drastic rise in healthcare expenditure, availability of a well-developed infrastructure and presence of major industry are the other factors fostering the market in the near future.

Key segments:

Segments

Sub-segments

  Polymer Type

  • Polydioxanone
  • Elastomer
  • Polyethylene Terephthalate
  • Others

  Application

  • Aortic Disease
  • Peripheral Artery Disease
  • Hemodialysis

  End user

  • Hospitals
  • Cardiac Catheterization Laboratories
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global artificial blood vessels market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global artificial blood vessels market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global artificial blood vessels market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global artificial blood vessels market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the artificial blood vessels market research report:

  • What are the leading market players active in the artificial blood vessels market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Artificial Blood Vessels Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers