Cardiovascular and Soft Tissue Repair Patches Market is estimated to grow considerably in the forecast period due to the growing prevalence of cardiovascular disorders. Cardiovascular and soft tissue repair patches are the durable synthetic patches that enable the internal growth of tissue in conditions like great vessel, peripheral, and cardiac vascular reconstruction. They are available in numerous sizes to suit different requirements and can be easily handled by specialists.
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The key driving factors responsible for the growth of Cardiovascular
and Soft Tissue Repair Patches market :
Cardiovascular & soft tissue
repair patches industry is majorly driven by growing applications of
cardiovascular and soft tissue repair patches for dural, pericardial, and soft
tissue repairs. Moreover, rise in use of patches for hernia is also positively
affecting the market growth of cardiovascular & soft tissue repair patches.
However, low awareness among consumers for the patches and high prices of
procedures are the restraints in the market.
Growing incidences of breast
cancers, increasing spending power of consumers, and growing participation in
sports activities are few trends prevalent in the market. Moreover, growing
partnership among several research companies, raw material manufacturers and
suppliers, and technological innovations are expected to boost cardiovascular
& soft tissue repair patches market in near future. Furthermore, increasing
use of engineering cardiac patches for heart-related disorders is challenging
the market growth.
Cardiovascular and soft tissue
repair patches industry is categorized on the basis of raw materials,
application, and geography. On the basis of raw material, the market is divided
into biomaterial and tissue engineered material, ePTFE, and others. ePTFE
(Expanded Polytetrafluoroethylene) segment registers significant share of the
cardiovascular and soft tissue repair patches market owing to its
biocompatibility and structural integrity.
Based on application,
cardiovascular & soft tissue repair patches industry is divided into
vascular repair & reconstruction, pericardial repair, dural repair, cardiac
repair, and soft tissue repair. Cardiac repair segment is expected to register
significant share of the market due to increasing incidences of heart-related
disorders.
Geographically, the market is
segmented as North America, Latin America, Europe, Asia Pacific, and Middle
East & Africa. Asia Pacific is predicted to dominate the cardiovascular
& soft tissue repair patches market owing to the increasing prevalence of
hernia and heart-related disorders. North America is also projected to hold
larger share of the market owing to the developed healthcare infrastructure.
The major players profiled in
cardiovascular and soft tissue repair patches industry report are Baxter, St
Jude Medical, Admedus, Biointegral Surgical, Inc., Glycar SA Pty Ltd., LeMaitre
Vascular Inc., Edwards Life Sciences Corporation, Cryolife, Inc., Atriummed,
LabCor, CorMatrix, Bard Peripheral Vascular Inc., Terumo Medical Corporation,
W.L. Gore & Associates, Inc., Neovasc, B.Braun, Novomedics, Perouse Medical,
TEI Biosciences Inc., Gunze Limited, Southern Lights Biomaterials, and Maverick
Bioscience.
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