According to the report, global demand for artificial blood vessels market was valued at USD 1,967.2 million in 2018, and is expected to generate revenue of USD 3,158.8 million by end of 2025, growing at a CAGR of 7.0% between 2019 and 2025
The report covers forecast and analysis for the global artificial blood vessels market. The study provides historic data from 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top product, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports and other sources have also been considered to arrive at the indicated market numbers.
Artificial blood vessels synthetic tubes used to restore blood circulation. These artificial vessels are made using biosynthetic materials like the polydioxanone and polyethylene terephthalate due to their high conductivity, high permeability to oxygen and high chemical water resistance capacity. Hemoglobin-based oxygen carriers are among the most frequently used artificial blood vessels used to transfer oxygen molecules to heart vessels form blood stream thus restoring normal functioning of heart. Other materials like silk is been recently used in the production of artificial blood vessels.
The study provides a decisive view on the artificial blood vessels market by segmenting the market based on type, application, end user and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The artificial blood vessels market is segmented on the basis of type into polydioxanone, elastomer, polyethylene terephthalate, and others. Elastomer segment is likely to hold maximum share of the market in 2018 since these are the most frequently used polymers in the production of artificial blood vessels due to its exceptional mechanical properties, thus boosting segmental growth.
Aortic disease, peripheral artery disease, and hemodialysis are the application segments of the artificial blood vessels market. The aortic disease segment dominated the market in terms of revenue in 2018 due to rising prevalence of aortic diseases globally. Aortic aneurysm is among the most common aortic disorders today. By end user the market is segmented into specialty clinics, hospitals, ambulatory surgical centers, cardiac catheterization laboratories, and others. The hospitals segment held major share of the market in terms of revenue in 2018 since these provide state-of-the-art facilities to the patients suffering from disease at an affordable rate. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America held major share of the market for artificial blood vessels in 2018.
The study also includes drivers and restraints for the artificial blood vessels along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the artificial blood vessels market on global level. Abdominal aortic aneurysm is pathologic local dilation of abdominal aorta. Epidemiological studies signify that rising incidences of abdominal aortic aneurysm is driving the market growth. As per the stats provided by CDC in 2014, due to aortic aneurysms 9,865 deaths occurred. Treatment of abdominal aortic aneurysm in the past decades is the major threat to health due to grave outcome with 80% overall mortality in rupture. Hypertension, dyslipidaemia, smoking, cerebrovascular disease, coronary artery disease, renal insufficiency, respiratory disease and claudication are other foremost factors. This is ultimately increasing the need of surgeries and invasive procedures, hence significantly driving the artificial blood vessels market globally.
The report also provides company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players within global artificial blood vessels market include Terumo Medical Corporation, ArtiCasc 3D, Humacyte, Inc., Cook Medical Incorporated, B. Braun Melsungen, Medtronic, LeMaitre Vascular, Inc., W. L. Gore and Associates, JOTEC GmbH and Bard Peripheral Vascular, Inc.
This report segments the global artificial blood vessels market as follows:
Global Artificial Blood Vessels Market: Type Segment Analysis
Global Artificial Blood Vessels Market: Application Segment Analysis
Global Artificial Blood Vessels Market: End User Segment Analysis
Global Artificial Blood Vessels Market: Regional Segment Analysis
The report covers forecast and analysis for the global artificial blood vessels market. The study provides historic data from 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top product, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports and other sources have also been considered to arrive at the indicated market numbers.
Artificial blood vessels synthetic tubes used to restore blood circulation. These artificial vessels are made using biosynthetic materials like the polydioxanone and polyethylene terephthalate due to their high conductivity, high permeability to oxygen and high chemical water resistance capacity. Hemoglobin-based oxygen carriers are among the most frequently used artificial blood vessels used to transfer oxygen molecules to heart vessels form blood stream thus restoring normal functioning of heart. Other materials like silk is been recently used in the production of artificial blood vessels.
The study provides a decisive view on the artificial blood vessels market by segmenting the market based on type, application, end user and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The artificial blood vessels market is segmented on the basis of type into polydioxanone, elastomer, polyethylene terephthalate, and others. Elastomer segment is likely to hold maximum share of the market in 2018 since these are the most frequently used polymers in the production of artificial blood vessels due to its exceptional mechanical properties, thus boosting segmental growth.
Aortic disease, peripheral artery disease, and hemodialysis are the application segments of the artificial blood vessels market. The aortic disease segment dominated the market in terms of revenue in 2018 due to rising prevalence of aortic diseases globally. Aortic aneurysm is among the most common aortic disorders today. By end user the market is segmented into specialty clinics, hospitals, ambulatory surgical centers, cardiac catheterization laboratories, and others. The hospitals segment held major share of the market in terms of revenue in 2018 since these provide state-of-the-art facilities to the patients suffering from disease at an affordable rate. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America held major share of the market for artificial blood vessels in 2018.
The study also includes drivers and restraints for the artificial blood vessels along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the artificial blood vessels market on global level. Abdominal aortic aneurysm is pathologic local dilation of abdominal aorta. Epidemiological studies signify that rising incidences of abdominal aortic aneurysm is driving the market growth. As per the stats provided by CDC in 2014, due to aortic aneurysms 9,865 deaths occurred. Treatment of abdominal aortic aneurysm in the past decades is the major threat to health due to grave outcome with 80% overall mortality in rupture. Hypertension, dyslipidaemia, smoking, cerebrovascular disease, coronary artery disease, renal insufficiency, respiratory disease and claudication are other foremost factors. This is ultimately increasing the need of surgeries and invasive procedures, hence significantly driving the artificial blood vessels market globally.
The report also provides company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players within global artificial blood vessels market include Terumo Medical Corporation, ArtiCasc 3D, Humacyte, Inc., Cook Medical Incorporated, B. Braun Melsungen, Medtronic, LeMaitre Vascular, Inc., W. L. Gore and Associates, JOTEC GmbH and Bard Peripheral Vascular, Inc.
This report segments the global artificial blood vessels market as follows:
Global Artificial Blood Vessels Market: Type Segment Analysis
- Polydioxanone
- Elastomer
- Polyethylene Terephthalate
- Others
Global Artificial Blood Vessels Market: Application Segment Analysis
- Aortic Disease
- Peripheral artery disease
- Hemodialysis
Global Artificial Blood Vessels Market: End User Segment Analysis
- Hospitals
- Cardiac Catheterization Laboratories
- Ambulatory Surgical Centers
- Specialty Clinics
- Others
Global Artificial Blood Vessels Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
Table of Contents
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Artificial Blood Vessels Market, 2016 - 2025, (USD Million)
- 2.2. Artificial Blood Vessels Market: Market Snapshot
- Chapter 3. Global Artificial Blood Vessels Market - Industry Analysis
- 3.1. Artificial Blood Vessels Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Growing adoption of minimally invasive surgeries
- 3.2.2. Growing prevalence of cardiovascular diseases such as hypertension, coronary artery disease, and cardiac aneurysms
- 3.2.3. Rising occurrences of cigarette smoking
- 3.3. Restraints
- 3.3.1. High cost associated in the transplant procedure
- 3.4. Opportunity
- 3.4.1. Potential growth opportunities in developing countries
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis by type segment
- 3.6.2. Market attractiveness analysis by application segment
- 3.6.3. Market attractiveness analysis by end user segment
- 3.6.4. Market attractiveness analysis by regional segment
- Chapter 4. Global Artificial Blood Vessels Market - Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global artificial blood vessels market: company market share analysis, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New product launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and regional expansion
- 4.1. Company market share analysis
- Chapter 5. Global Artificial Blood Vessels Market - Type Segment Analysis
- 5.1. Global artificial blood vessels market overview: by type
- 5.1.1. Global artificial blood vessels market revenue share, by type, 2018 and 2025
- 5.2. Polydioxanone
- 5.2.1. Global artificial blood vessels market by polydioxanone, 2016 - 2025 (USD Million)
- 5.3. Elastomer
- 5.3.1. Global artificial blood vessels market by elastomer, 2016 - 2025 (USD Million)
- 5.4. Polyethylene Terephthalate
- 5.4.1. Global artificial blood vessels market by polyethylene terephthalate, 2016 - 2025 (USD Million)
- 5.5. Others
- 5.5.1. Global artificial blood vessels market by others 2016 - 2025 (USD Million)
- 5.1. Global artificial blood vessels market overview: by type
- Chapter 6. Global Artificial Blood Vessels Market - Application Segment Analysis
- 6.1. Global artificial blood vessels market overview: by application
- 6.1.1. Global artificial blood vessels market revenue share, by application, 2018 and 2025
- 6.2. Aortic Disease
- 6.2.1. Global artificial blood vessels market by aortic disease, 2016 - 2025 (USD Million)
- 6.3. Peripheral Artery Disease
- 6.3.1. Global artificial blood vessels market by peripheral artery disease, 2016 - 2025 (USD Million)
- 6.4. Hemodialysis
- 6.4.1. Global artificial blood vessels market by hemodialysis, 2016 - 2025 (USD Million)
- 6.1. Global artificial blood vessels market overview: by application
- Chapter 7. Global Artificial Blood Vessels Market - End User Segment Analysis
- 7.1. Global artificial blood vessels market overview: by end user
- 7.1.1. Global artificial blood vessels market revenue share, by end user, 2018 and 2025
- 7.2. Hospitals
- 7.2.1. Global artificial blood vessels market by hospitals, 2016 - 2025 (USD Million)
- 7.3. Cardiac Catheterization Laboratories
- 7.3.1. Global artificial blood vessels market by cardiac catheterization laboratories, 2016 - 2025 (USD Million)
- 7.4. Ambulatory Surgical Centers
- 7.4.1. Global artificial blood vessels market by ambulatory surgical centers, 2016 - 2025 (USD Million)
- 7.5. Specialty Clinics
- 7.5.1. Global artificial blood vessels market by specialty clinics, 2016 - 2025 (USD Million)
- 7.6. Others
- 7.6.1. Global artificial blood vessels market by others, 2016 - 2025 (USD Million)
- 7.1. Global artificial blood vessels market overview: by end user
- Chapter 8. Global Artificial Blood Vessels Market - Regional Analysis
- 8.1. Global artificial blood vessels market overview: by region
- 8.1.1. Global artificial blood vessels market revenue share, by region, 2018 and 2025
- 8.2. North America
- 8.2.1. North America artificial blood vessels market, by country, 2016 - 2025 (USD Million)
- 8.2.2. North America artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.2.3. North America artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.2.4. North America artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.2.5. The U.S.
- 8.2.5.1. The U.S. artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.2.5.2. The U.S. artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.2.5.3. The U.S. artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.2.6. Rest of North America
- 8.2.6.1. Rest of North America artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.2.6.2. Rest of North America artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.2.6.3. Rest of North America artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.3. Europe
- 8.3.1. Europe artificial blood vessels market, by country, 2016 - 2025 (USD Million)
- 8.3.2. Europe artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.3.3. Europe artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.3.4. Europe artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.3.5. U.K.
- 8.3.5.1. U.K. artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.3.5.2. U.K. artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.3.5.3. U.K. artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.3.6. Germany
- 8.3.6.1. Germany artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.3.6.2. Germany artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.3.6.3. Germany artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.3.7. France
- 8.3.7.1. France artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.3.7.2. France artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.3.7.3. France artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.3.8. Rest of Europe
- 8.3.8.1. Rest of Europe artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.3.8.2. Rest of Europe artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.3.8.3. Rest of Europe artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific artificial blood vessels market, by country, 2016 - 2025 (USD Million)
- 8.4.2. Asia Pacific artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.4.3. Asia Pacific artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.4.4. Asia Pacific artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.4.5. China
- 8.4.5.1. China artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.4.5.2. China artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.4.5.3. China artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.4.6. Japan
- 8.4.6.1. Japan artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.4.6.2. Japan artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.4.6.3. Japan artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.4.7. India
- 8.4.7.1. India artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.4.7.2. India artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.4.7.3. India artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.4.8. Rest of Asia Pacific
- 8.4.8.1. Rest of Asia Pacific artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.4.8.2. Rest of Asia Pacific artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.4.8.3. Rest of Asia Pacific artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America artificial blood vessels market, by country, 2016 - 2025 (USD Million)
- 8.5.2. Latin America artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.5.3. Latin America artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.5.4. Latin America artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.5.5. Brazil
- 8.5.5.1. Brazil artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.5.5.2. Brazil artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.5.5.3. Brazil artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.5.6. Rest of Latin America
- 8.5.6.1. Rest of Latin America artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.5.6.2. Rest of Latin America artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.5.6.3. Rest of Latin America artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Middle East & Africa artificial blood vessels market, 2016 - 2025 (USD Million)
- 8.6.2. Middle East & Africa artificial blood vessels market revenue, by type, 2016 - 2025 (USD Million)
- 8.6.3. Middle East & Africa artificial blood vessels market revenue, by application, 2016 - 2025 (USD Million)
- 8.6.4. Middle East & Africa artificial blood vessels market revenue, by end user, 2016 - 2025 (USD Million)
- 8.1. Global artificial blood vessels market overview: by region
- Chapter 9. Company Profiles
- 9.1. Terumo Medical Corporation
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategy
- 9.1.5. Recent Developments
- 9.2. ArtiCasc 3D
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategy
- 9.2.5. Recent Developments
- 9.3. Humacyte, Inc.
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategy
- 9.3.5. Recent Developments
- 9.4. Cook Medical Incorporated
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategy
- 9.4.5. Recent Developments
- 9.5. B. Braun Melsungen
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategy
- 9.5.5. Recent Developments
- 9.6. Medtronic
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategy
- 9.6.5. Recent Developments
- 9.7. LeMaitre Vascular, Inc.
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategy
- 9.7.5. Recent Developments
- 9.8. W. L. Gore and Associates
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategy
- 9.8.5. Recent Developments
- 9.9. JOTEC GmbH
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategy
- 9.9.5. Recent Developments
- 9.10. Bard Peripheral Vascular, Inc.
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategy
- 9.10.5. Recent Developments
- 9.1. Terumo Medical Corporation
