Global Vascular Surgery and Endovascular Procedures Market Size, Trends and Growth Opportunity, By Procedure (Aneurysm Repair, Bypass Surgery-Peripheral, Carotid Angioplasty and Stenting, Carotid Endarterectomy, Dialysis Access Surgery, Endovascular Repair, Stent Graft, Thromboendarterectomy, Thrombolytic Therapy, Varicose Vein Treatment), By Application (Government Hospitals, Private Hospitals and Surgical Clinics, Academic and Research Institutes), By Vascular Surgery Products (Scissors, Forceps, Needle Holders, Scalpels), By Region and forecast till 2030.
Report ID : IR1002437 | Industries : Healthcare | Published On :June 2024 | Page Count : 254
Global Vascular Surgery and Endovascular Procedures Market Size, Trends and Growth Opportunity, By Procedure (Aneurysm Repair, Bypass Surgery-Peripheral, Carotid Angioplasty and Stenting, Carotid Endarterectomy, Dialysis Access Surgery, Endovascular Repair, Stent Graft, Thromboendarterectomy, Thrombolytic Therapy, Varicose Vein Treatment), By Application (Government Hospitals, Private Hospitals and Surgical Clinics, Academic and Research Institutes), By Vascular Surgery Products (Scissors, Forceps, Needle Holders, Scalpels), By Region and forecast till 2030.
Global Vascular Surgery and Endovascular Procedures Market
Global Vascular Surgery and Endovascular Procedures Market was valued at USD 2.7 billion in 2022 and is slated to reach USD 4.17 billion by 2030 at a CAGR of 6.55% from 2023-2030.
Treatment for disorders connected to the circulatory system is accomplished through the practice of vascular surgery. To treat conditions that damage the blood vessels, endovascular surgery is used. Both vascular surgery and endovascular surgery are minimally invasive procedures. These procedures are frequently used to treat conditions like chylothorax, deep vein occlusions, blood clots, renal aneurysms, and aortic aneurysms, among others.
Market Drivers
Some market participants are primarily focused on releasing cutting-edge products that would aid in surgeries, therefore boosting the market growth. For instance, Terumo Aortic unveiled PANTHER, a global surgical graft study of knitted and woven surgical grafts, in 2021. In light of this, market growth is anticipated to be boosted. Vascular surgeons endorse the EVAR because of its many features, making it a generally acknowledged standard of therapy for aortic aneurysms. Several factors contribute to this, including a quicker return to normal activities, relatively less blood loss, shorter hospital stays, and quick surgery. This leads to the introduction of several items, which accelerates market expansion. The Alto Abdominal Stent Graft System, for instance, was introduced by Endologix in 2021 in Canada and Argentina. Using cutting-edge endovascular aneurysm repair (EVAR) technology, the company's launch expands its global presence. The market grows as a result of this.
Market Restraints
Many hospitals in undeveloped and developing countries are unable to invest in these operations due to high prices and financial restrictions. The hospitals that cannot afford to buy new equipment favour rebuilt ones as a result of the rising demand for procedures around the world. Therefore, this issue limits market expansion.
Impact of COVID-19
The market for vascular surgery and endovascular operations has been significantly affected by the COVID-19 epidemic. The pandemic has decreased the number of elective procedures and increased the number of urgent and emergency ones, which has had an impact on the demand for vascular surgery and endovascular procedures as a whole. Reduced patient visits to healthcare institutions because of worries about catching the virus have been one of the biggest effects of COVID-19 on the market for vascular surgery and endovascular operations. As a result, elective procedures like the treatment of varicose veins, vascular bypass surgery, and aneurysm repair are becoming less common. Additionally, many hospitals have diverted resources to combat the pandemic, which has reduced the number of services and facilities available for patients who do not have COVID-19. The general demand for vascular surgery and endovascular procedures has been further impacted by this.
Minimally invasive procedures, like endovascular surgery, have become more popular as a result of the pandemic since they are less intrusive, entail less hospitalisation and recuperation time, and lower the risk of viral exposure. The market for endovascular operations is predicted to develop as a result of this shift towards less invasive techniques.
Market Segmentation
Global Vascular Surgery and Endovascular Procedures Market is segmented into Procedure, Application, and Vascular Surgery Products. By Procedures such as Aneurysm Repair, Bypass Surgery, Peripheral, Carotid Angioplasty and Stenting, Carotid Endarterectomy, Dialysis Access Surgery, Endovascular Repair, Stent Graft, Thromboendarterectomy, Thrombolytic Therapy, Varicose Vein Treatment. By Applications such as Government Hospitals, Private Hospitals and Surgical Clinics, and Academic and Research Institutes. By Vascular Surgery Products such as Scissors, Forceps, Needle, Holders, and Scalpels.
Regional Analysis
Global Vascular Surgery and Endovascular Procedures Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market is dominated by North America because of the region's widespread access to cutting-edge healthcare infrastructure and the rising prevalence of chronic diseases like diabetes, CVDs, and chronic kidney disease. Additionally, the growing availability of reimbursement policies and the rising use of cutting-edge technological techniques are boosting market expansion. The market in Asia-Pacific is expected to increase significantly due to the region's expanding CVD and diabetes rates, as well as its improved healthcare infrastructure. Further predicted market growth drivers include the population's increased prevalence of diabetes and chronic renal disease.
Key Players
This report includes a list of numerous Key Players, namely B.D. (U.S.), Edwards Lifesciences Corporation (U.S.), pfm Medical ag (Germany), Life Systems (Australia), BOSS Instruments, Ltd (U.S.)., Cook (U.S.), LeMaitre Vascular, Inc (U.S.)., Medtronic (Ireland), Terumo Systems Corporation (Japan).
Market Taxonomy
By Procedure
• Aneurysm Repair
• Bypass Surgery-Peripheral
• Carotid Angioplasty and Stenting
• Carotid Endarterectomy
• Dialysis Access Surgery
• Endovascular Repair
• Stent Graft, Thromboendarterectomy
• Thrombolytic Therapy
• Varicose Vein Treatment
By Application
• Government Hospitals
• Private Hospitals and Surgical Clinics
• Academic and Research Institutes
By Vascular Surgery Products
• Scissors
• Forceps
• Needle Holders
• Scalpels
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Vascular Surgery and Endovascular Procedures Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Vascular Surgery and Endovascular Procedures Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Vascular Surgery and Endovascular Procedures Market, By Procedure
5.1 Y-o-Y Growth Comparison, By Procedure
5.2 Global Vascular Surgery and Endovascular Procedures Market Share Analysis, By Procedure
5.3 Global Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Procedure
5.3.1 Aneurysm Repair
5.3.2 Bypass Surgery-Peripheral
5.3.3 Carotid Angioplasty and Stenting
5.3.4 Carotid Endarterectomy
5.3.5 Dialysis Access Surgery
5.3.6 Endovascular Repair
5.3.7 Stent Graft, Thromboendarterectomy
5.3.8 Thrombolytic Therapy
5.3.9 Varicose Vein Treatment
6 Global Vascular Surgery and Endovascular Procedures Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Vascular Surgery and Endovascular Procedures Market Share Analysis, By Application
6.3 Global Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Application
6.3.1 Government Hospitals
6.3.2 Private Hospitals and Surgical Clinics
6.3.3 Academic and Research Institutes
7 Global Vascular Surgery and Endovascular Procedures Market, By Vascular Surgery Products
7.1 Y-o-Y Growth Comparison, By Vascular Surgery Products
7.2 Global Vascular Surgery and Endovascular Procedures Market Share Analysis, By Vascular Surgery Products
7.3 Global Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Vascular Surgery Products
7.3.1 Scissors
7.3.2 Forceps
7.3.3 Needle Holders
7.3.4 Scalpels
8 Global Vascular Surgery and Endovascular Procedures Market, By Region
8.1 Global Vascular Surgery and Endovascular Procedures Market Share Analysis, By Region
8.2 Global Vascular Surgery and Endovascular Procedures Market Share Analysis, By Region
8.3 Global Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Region
9 North America Vascular Surgery and Endovascular Procedures Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Vascular Surgery and Endovascular Procedures Market Share Analysis, By Procedure
9.3 North America Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Application
9.4 North America Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Vascular Surgery Products
9.5 North America Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Vascular Surgery and Endovascular Procedures Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Vascular Surgery and Endovascular Procedures Market Share Analysis, By Procedure
10.3 Europe Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Application
10.4 Europe Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Vascular Surgery Products
10.5 Europe Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Vascular Surgery and Endovascular Procedures Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Vascular Surgery and Endovascular Procedures Market Share Analysis, By Procedure
11.3 Asia Pacific Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Application
11.4 Asia Pacific Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Vascular Surgery Products
11.5 Asia Pacific Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Vascular Surgery and Endovascular Procedures Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Vascular Surgery and Endovascular Procedures Market Share Analysis, By Procedure
12.3 Latin America Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Application
12.4 Latin America Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Vascular Surgery Products
12.5 Latin America Vascular Surgery and Endovascular Procedures Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Vascular Surgery and Endovascular Procedures Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Vascular Surgery and Endovascular Procedures Market Share Analysis, By Procedure
13.3 Middle East Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Application
13.4 Middle East Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Vascular Surgery Products
13.5 Middle East Vascular Surgery and Endovascular Procedures Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 B.D. (U.S.)
15.1.1 Overview
15.1.2 Types
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Edwards Lifesciences Corporation (U.S.)
15.2.1 Overview
15.2.2 Types
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. pfm medical ag (Germany)
15.3.1 Overview
15.3.2 Types
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Life Systems (Australia)
15.4.1 Overview
15.4.2 Types
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 BOSS Instruments, Ltd (U.S.).
15.5.1 Overview
15.5.2 Types
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Cook (U.S.)
15.6.1 Overview
15.6.2 Types
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 LeMaitre Vascular, Inc (U.S.).
15.7.1 Overview
15.7.2 Types
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Medtronic (Ireland)
15.8.1 Overview
15.8.2 Types
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Terumo Systems Corporation (Japan)
15.9.1 Overview
15.9.2 Types
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies