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(Medical-NewsWire.com, November 09, 2018 ) Overview:
A vascular bypass or vascular graft refers to surgical procedure performed to redirect blood flow from one area to another by reconnecting blood vessels. Vascular implants are required to replace damaged blood vessels, veins and arteries and to replace blood vessels or hard valves. The blood flow is redirected from one place to the other by inserting a graft through the surgical reconstruction procedure. These grafts may be synthetic, semi-synthetic or taken from the patient's body.
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Drivers and Restraints:
Increase in cases of arterial diseases, coronary artery diseases. Rise in the geriatric population, increasing diabetes prevalence leading to heart diseases. Majority of heart diseases occur in adults as per reports by AHA. However, the high cost of treatment and complications associated with prosthetic grafts are a major restraint.
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Geographically, the vascular graft treatment market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East Asia. North America is expected to have the largest market share due to factors like increasing geriatric population suffering from cardiovascular diseases, diabetes, and end-stage renal diseases. The Asia Pacific is expected to witness significant growth owing to an increase in public and private healthcare expenditure and penetration of healthcare insurance.
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Major companies in the market areEndologix Inc., LeMaitre Vascular, Inc., MAQUET Holding B.V.B. Braun Melsungen AG, & Co. KG, Medtronic plc, C. R. Bard, Inc., Cardinal Health Inc., Cook Medical Inc., Terumo Corporation, and W. L. Gore & Associates, Inc.
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