Cardiovascular & Soft Tissue Repair Patch - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Cardiovascular & Soft Tissue Repair Patch Market is accounted for $3.62 billion in 2019 and is expected to reach $7.88 billion by 2027 growing at a CAGR of 10.2% during the forecast period. High prevalence of congenital heart diseases such as atrial septal defect and technological advancements are the major factor propelling the market growth. However, low awareness among consumers for the patches and high prices of procedures is hampering the market growth.
Cardiovascular & soft tissue repair patch is used in tissue repair procedures including soft tissue, dural and vascular repairs and reconstructions. Cardiovascular & soft tissue repair patches can be artificial or biologic. Biologic patches can be organize into allogenic (made of donor human tissue) and xenogeneic (porcine or bovine in origin).
Based on the application, the soft tissue repair segment is likely to have a huge demand due to the growing 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.
By geography, Asia Pacific is estimated to have a lucrative growth during the forecast period due to the increasing prevalence of congenital heart disease and hernia. Increasing concerns about early detection and prevention of congenital cardiac disease have led to the increase of different treatment options, such as cardiac patch implantation.
Some of the key players profiled in the Cardiovascular & Soft Tissue Repair Patch Market include Admedus, Edward Life Science Corporation, Glycar Sa Pty Ltd, Gunze Limited , Labcor, Lemaitre Vascular Inc, Maverick Bioscience, Neovasc, Atriummed, B.Braun, Bard Peripheral Vascular Inc, Baxter, Biointegral Surgical, Inc, Cormatrix and Cryolife, Inc.
Raw Materials Covered:
• Biomaterial and Tissue Engineered Material
• Synthetic Patch
• Biologic Patch
• Soft Tissue Repair
• Dural Repair
• Pericardial Repair
• Cardiac Repair
• Vascular Repair & Reconstruction
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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