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Thoracic Vascular Graft Market, Global Outlook and Forecast 2024-2030

The Global "Thoracic Vascular Graft Market" was valued at US$ 225 million in 2023 and is projected to reach US$ 318.71 million by 2030, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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A thoracic vascular graft is a medical device used to replace or repair damaged blood vessels in the thoracic region, which includes the chest area. These grafts can be made from synthetic materials or biological tissues and are typically used in surgical procedures to treat conditions like aneurysms, blockages, or injuries to major arteries such as the aorta.

Hospitals:

  • Hospitals account for the largest share of the thoracic vascular graft market, representing approximately 65% of the total demand.
  • The high volume of cardiovascular surgeries performed in hospitals, coupled with the availability of advanced medical facilities, drives this segment's dominance.
  • Leading hospitals, especially those with specialized cardiovascular departments, report annual usage of thoracic vascular grafts in over 10,000 procedures globally.

Specialty Clinics:

  • Specialty clinics hold around 20% of the market share.
  • These clinics focus on cardiovascular treatments and often provide more personalized care, which attracts patients seeking specialized services.
  • On average, specialty clinics perform around 1,500 thoracic vascular graft procedures annually.

Ambulatory Surgical Centers:

  • Ambulatory surgical centers represent about 15% of the market.
  • These centers offer the advantage of shorter hospital stays and reduced costs, making them a popular choice for elective procedures.
  • They typically perform approximately 1,000 thoracic vascular graft surgeries each year.

Geographic Distribution

The usage of thoracic vascular grafts varies significantly across different regions:

North America:

  • North America holds the largest market share, accounting for nearly 40% of global demand.
  • The high prevalence of cardiovascular diseases and advanced healthcare infrastructure contribute to this region's dominance.
  • The United States alone performs over 25,000 thoracic vascular graft procedures annually.

Europe:

  • Europe is the second-largest market, with a share of approximately 30%.
  • The region's strong healthcare systems and increasing focus on early diagnosis and treatment of cardiovascular conditions drive the demand.
  • Germany, France, and the UK are the leading countries, collectively performing over 15,000 procedures each year.

Asia-Pacific:

  • The Asia-Pacific region is expected to witness the fastest growth, with a CAGR of 10% during the forecast period.
  • Rising healthcare expenditures, improving medical infrastructure, and a growing aging population are key factors.
  • China and India are the major contributors, with an estimated 20,000 thoracic vascular graft surgeries annually.

We surveyed the Thoracic Vascular Graft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
By Type:

  • Polyester Graft
  • PTFE Graft
  • Others

By Application:

  • Aortic Aneurysm
  • Aortic Dissection
  • Other

By Region and Country:

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Thoracic Vascular Graft revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Thoracic Vascular Graft revenues share in global market, 2023 (%)
  • Key companies Thoracic Vascular Graft sales in global market, 2019-2024 (Estimated), (K Units)
  • Key companies Thoracic Vascular Graft sales share in global market, 2023 (%)

Key Players Include:

  • Terumo
  • Medtronic
  • Gore Medical
  • Getinge Group
  • LeMaitre Vascular
  • B.Braun
  • CryoLife
  • Cook Medical
  • Bard
  • Vascutek Ltd.
  • Japan Lifeline
  • Lombard Medical

Outline of Major Chapters:
Chapter 1: Introduces the definition of Thoracic Vascular Graft, market overview.
Chapter 2: Global Thoracic Vascular Graft market size in revenue and volume.
Chapter 3: Detailed analysis of Thoracic Vascular Graft manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thoracic Vascular Graft in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Thoracic Vascular Graft capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.