Market Trends of Vascular Injury Treatment Industry
This section covers the major market trends shaping the Vascular Injury Treatment Market according to our research experts:
Bypass Graft segment is Expected to Hold the Largest Market Share in the Vascular Injury Treatment Market
The dominant share is retained by the bypass graft segment owing to the attributes such as high incidence rates and health complications associated with vascular diseases. Stroke, arteriovenous malformation (AVM), peripheral artery disease (PAD), carotid artery disease (CAD), abdominal aortic aneurysm (AAA), pulmonary embolism, critical limb ischemia (CLI), deep vein thrombosis (DVT), varicose veins, and chronic venous insufficiency (CVI) are the most severe vascular disorders which is also responsible for boosting the market growth during the forecast period.
As per the National Institutes of Health (NIH), about 14 million men and women across the country are affected by coronary heart disease. It is most common in people over 65 years old. The disease is caused by a waxy substance called a plaque that accumulates blood to the heart muscle within the arteries.
Bypass graft is the most common treatment for vascular injury to improve poor blood flow to the heart. This surgery could reduce the risk of severe complications for individuals with obstructive coronary artery disease, a form of heart disease ischemic. Thus, the demand for bypass graft is increasing and will drive the market growth during the forecast period.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to maintain its supremacy in the overall vascular injury treatment market, throughout the forecast period. The increasing prevalence of vascular diseases is the major factor expected to drive the overall growth of the market, during the forecast period. Furthermore, there is a rise in geriatric population in the United States, which is expected to create more opportunities for the peripheral vascular treatment market in the region.
According to the estimates of the Center for Diseases Control and Prevention (CDC), approximately 8.5 million people in the United States suffer from peripheral artery diseases, which includes 12%-20% of individuals older than age 60 are also some of the main factors ensuring the dominance of the region.
