LAMEA Vascular Patches Market Size, Share & Industry Trends Analysis Report By Material (Biologic and Synthetic), By End User (Hospitals and Ambulatory Surgical Centers), By Application, By Country and Growth Forecast, 2022 - 2028

The Latin America, Middle East and Africa Vascular Patches Market should witness market growth of 9.1% CAGR during the forecast period (2022-2028).

The qualities of new-generation patches drive late degeneration, and they have long-term stability, durability, easy handling properties, minimal risk of ischemic strokes, and better usage. The demand for these vascular devices has increased as a result of how well they have helped surgeons perform cardiovascular surgeries.

The aforementioned considerations thus have an impact on the market for vascular patches and, therefore, would continue to do so during the upcoming years. The development of novel products and technologies that are suitable for use and for strategic partnerships through technology transfer activities are considerations that favor vascular patch manufacturers to grow their businesses.

This propels the increase in sales growth in addition to the market positioning for leading manufacturers within the vascular patch industry. The development of vascular surgery techniques and the treatment of vascular diseases will be influenced by impending technological developments. Superior medical interventions to halt or even combat atherosclerosis are on the horizon.

According to estimates, non-communicable diseases (NCDs), including CVDs, cause 74% of all adult fatalities in Brazil. Thirty-eight percent (30.8%) of the population suffers from hypertension, which raises the risk of heart failure, heart attack, kidney illness, and stroke. In Brazil, 18.8% of adults are obese, with adult women being more likely to be obese (21.4%) than males (16%). More people are developing type 2 diabetes in Brazil as a result of the country's rising obesity rates; it is estimated approximately 8.8% of females and 7.4% of males have the disease.

The Brazil market dominated the LAMEA Vascular Patches Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7, 755.1 Thousands by 2028. The Argentina market is experiencing a CAGR of 9.7% during (2022-2028). Additionally, The UAE market would display a CAGR of 8.8% during (2022-2028).

Based on Material, the market is segmented into Biologic and Synthetic. Based on End-user, the market is segmented into Hospitals and Ambulatory Surgical Centers. Based on Application, the market is segmented into Carotid Endarterectomy, Open Repair of Abdominal Aortic Aneurysm, Vascular Bypass Surgery, Congenital Heart Disease and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Edwards Lifesciences Corporation, Baxter International, Inc., Lemaitre Vascular, Inc., Becton, Dickinson and Company, Terumo Corporation, Aziyo Biologics, Inc., Getinge AB, B. Braun Melsungen AG, Artivion, Inc. (CryoLife, Inc.), and W. L. Gore & Associates, Inc.

Scope of the Study

By Material

• Biologic
• Synthetic

By End-user

• Hospitals
• Ambulatory Surgical Centers

By Application

• Carotid Endarterectomy
• Open Repair of Abdominal Aortic Aneurysm
• Vascular Bypass Surgery
• Congenital Heart Disease
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• Edwards Lifesciences Corporation
• Baxter International, Inc.
• Lemaitre Vascular, Inc.
• Becton, Dickinson and Company
• Terumo Corporation
• Aziyo Biologics, Inc.
• Getinge AB
• B.Braun Melsungen AG
• Artivion, Inc. (CryoLife, Inc.)
• W.L. Gore & Associates, Inc.

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