Global Vascular Patch Market to Reach $724.2 Million by 2030

Posted by Vijay K.
8
Sep 20, 2024
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Rising Incidence of Cardiovascular Diseases and the Role of Vascular Patches

In today's world, we're seeing an increase in many aspects of life, both positive and negative. Unfortunately, diseases, particularly cardiovascular diseases (CVDs), are also rising at an alarming rate. In 2019, approximately 18 million people died from CVDs, accounting for 32% of global deaths. Heart attacks and strokes were the leading causes of these fatalities.

The Importance of Vascular Patches in Surgery

Vascular surgeries play a crucial role in treating congenital heart conditions, such as arterial and ventricular defects. One significant challenge surgeons face is controlling bleeding during these procedures, which is where vascular patches come into play. These patches are used to repair lacerations during vascular surgeries. They are essential in procedures like open abdominal aortic aneurysm repair and endarterectomy.

There are two main types of vascular patches: synthetic and biological. Biological patches are preferred by cardiac surgeons due to their ability to minimize suture line bleeding, enhanced biocompatibility, ease of use, and lower infection risk. These advantages make biological patches the top choice, surpassing synthetic ones in demand.

Browse detailed report analysis on Global Vascular Patch Market Growth and Forecast Report, 2030

Elderly Population Driving Demand for Vascular Patches

As the global incidence of vascular disorders increases, elderly individuals are the most affected. According to the World Health Organization (WHO), one in six people will be over 60 by the end of this decade, and by 2050, the elderly population will reach 2.1 billion. In the U.S., data from the American Heart Association (AHA) reveals that CVD prevalence is 40% among those aged 40-59, 75% for individuals between 60-80, and 86% for those over 80.

North America Leading in Vascular Patch Usage

North America is the leading region for vascular patch use, driven by advanced healthcare technologies, lifestyle-related health issues like obesity and alcohol consumption, and the growing elderly population. Medical innovations and advanced treatments are becoming increasingly common among both patients and practitioners in the region.

Outlook for the Vascular Patches Market

Governments worldwide are focusing on enhancing medical infrastructure to cope with the growing number of health conditions. As medical facilities increase, so does the demand for vascular patches, which are exclusively used in these facilities. The vascular patch industry is projected to grow significantly, with a market value expected to reach USD 724.2 million by the end of this decade.

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