Cardiovascular and Soft Tissue Repair Patches Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Cardiovascular and Soft Tissue Repair Patches Market is segmented By Raw Material (Biomaterial and tissue engineered material, ePTFE), By Application (Cardiac repair, Soft Tissue repair, Vascular repair & reconstruction) and Geography.

Market Snapshot

Cardiovascular and soft tissue repair patches market
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.5 %

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Market Overview

The Cardiovascular and Soft Tissue Repair Patches Market is expected to register a CAGR of 8% during the forecast period. This is attributing to technological advancements, increasing prevalence of congenital heart diseases, increasing R&D expenditure. In addition, the rising prevalence of atrial and ventricular septal in hearth birth defects and growing inclination towards minimally invasive procedures also result in high adoption of the patches and trigger the growth of the market. Moreover, increase in the prevalence of congenital diaphragmatic hernias, an inguinal hernia is also promoting the growth pf the market as these patches are used in the treatment of these disorders by tissue repairing procedures. As per the National Institute of Diabetes and Digestive and Kidney Diseases, an inguinal hernia is a common disorder around the globe and representing at least 27 percent of men and 3 percent of women at some point in their lives. Furthermore, increasing collaboration between manufacturers and research organizations, government initiatives associated with cardiac treatments, and the development of novel technologies are few more factors driving the growth of cardiovascular and soft tissue repair patches market.

Scope of the Report

As per the scope, Cardiovascular and soft tissue repair patches are used for tissue repair procedures such as soft tissues, vascular repair, and reconstruction. Cardiovascular and Soft Tissue Repair Patches Market is segmented By Route of Administration, Application, and Geography.

By Raw Material
Biomaterial and Tissue Engineered Material
ePTFE
Others
By Application
Cardiac Repair
Soft Tissue Repair
Vascular Repair & Reconstruction
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Soft Tissue Repair in Cardiac and Soft Tissue Repair Patches is Estimated to Witness a Healthy Growth in Future.

Soft tissue repair is estimated to witness healthy growth in the future attributed to the increasing prevalence of various types of hernias. A hernia is a disorder where an organ or any fatty tissue bulges out though an abnormal opening. Soft tissue repair patches help in diagnosing the hernia disorder. As per the report published by Santhini Elango in 2017, the incidence of hernia is rising at an alarming rate among the population over 50 years old in India and around 2% of the population are affected by hernia making it highly prevalent across the globe and drive the segment growth.

In addition, As per SWEDCON, the number of children with congenital heart diseases is increasing from the past year and thus leading to the adoption of these cardiovascular soft tissue repair patches for diagnosing and drive the overall market.

key trends cardio soft patches.png

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America is expected to hold a significant market share in the global Cardiovascular and Soft Tissue Repair Patches Market due to the rising prevalence of cardiac diseases, the presence of a large number of pharmaceutical companies, growing research and development expenditure, and increasing incidences of hernia disorders.

As per the report published in Annals of Laparoscopic and Endoscopic Surgery 2019, annually 350,000 abdominal wall hernia repairs are being performed in the United States. The United States owns the largest share of Cardiovascular and Soft Tissue Repair Patches Market in the North America region Furthermore, the presence of developed infrastructure and growing awareness regarding the availability of novel products are also expected to fuel the Cardiovascular and Soft Tissue Repair Patches Market in this region.

Geography Cardio Soft Patches.png

Competitive Landscape

The Cardiovascular and Soft Tissue Repair Patches Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Admedus, LeMaitre Vascular Inc., Baxter, Cryolife, Inc., CorMatrix, Inc, Abbott (St Jude Medical), B. Braun Melsungen AG, Terumo Medical Corporation, Integra LifeSciences Corporation, and Glycar SA Pty Ltd.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Technological Advancements

      2. 4.2.2 Increasing Prevalence of Congenital Heart Diseases

      3. 4.2.3 Increasing R&D Expenditure

    3. 4.3 Market Restraints

      1. 4.3.1 Regulatory Framework

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Raw Material

      1. 5.1.1 Biomaterial and Tissue Engineered Material

      2. 5.1.2 ePTFE

      3. 5.1.3 Others

    2. 5.2 By Application

      1. 5.2.1 Cardiac Repair

      2. 5.2.2 Soft Tissue Repair

      3. 5.2.3 Vascular Repair & Reconstruction

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Admedus

      2. 6.1.2 LeMaitre Vascular Inc.

      3. 6.1.3 Baxter

      4. 6.1.4 Cryolife, Inc.

      5. 6.1.5 CorMatrix, Inc

      6. 6.1.6 Abbott (St Jude Medical)

      7. 6.1.7 B. Braun Melsungen AG

      8. 6.1.8 Terumo Medical Corporation

      9. 6.1.9 Integra LifeSciences Corporation

      10. 6.1.10 Glycar SA Pty Ltd.

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Cardiovascular and Soft Tissue Repair Patches Market market is studied from 2018 - 2026.

The Cardiovascular and Soft Tissue Repair Patches Market is growing at a CAGR of 5.5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Admedus, LeMaitre Vascular Inc, Baxter, Cryolife, Inc., CorMatrix, Inc are the major companies operating in Cardiovascular and Soft Tissue Repair Patches Market.

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