Cardiovascular And Soft Tissue Repair Patches Market Insight and Trends 2030

According to Vision Research Report, during the forecast period of 2022 to 2030, the global Cardiovascular And Soft Tissue Repair Patches market is estimated to develop at a compound annual growth rate (CAGR) of 8.4%. The global Cardiovascular And Soft Tissue Repair Patches market was valued at USD 3.7 Billion in 2021, and it is predicted to exceed USD 7.7 Billion by 2030. The study investigates several elements and their consequences on the growth of the Cardiovascular And Soft Tissue Repair Patches market.

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Growth Factors

The rapidly rising prevalence of congenital heart diseases, such as Atrial Septal Defect (ASD)and the ventricular septal defect is expected to drive the demand for the patches. In addition, increasing implementation of patches in medical procedures and growing sports injuries is expected to support the development and growth of the market over the forthcoming years. As per studies, ASD is the second most common type of congenital heart disease and the incidence rate across the global population is recorded to be 56 per 100,000 live births.

One of the key driving market forces is the rapidly rising prevalence of cardiovascular diseases. Changing lifestyles, growing obesity levels, adoption of unhealthy lifestyle habits, increasing alcohol consumption and smoking, and growing geriatric population are driving the incidence of cardiac disorders.

The rapidly rising incidence rate of congenital heart diseases across the globe is driving the development & growth of the market. As per data estimates on congenital heart diseases published by Centers for Disease Control and Prevention, congenital heart diseases impact nearly 1% or 40,000 live births annually in the U.S. Atrial Septal Defect (ASD) and ventricular septal defect are the two commonest congenital heart diseases.

Report Coverage

By Application Analysis

The soft tissue segment dominated the market for cardiovascular and soft tissue repair patches and accounted for the largest revenue share of 42.0% in 2021. This is owing to the rapidly growing incidence rate of hernias including ventral hernias, umbilical hernia, inguinal hernia, congenital diaphragmatic hernia, and others coupled with the growing demand for tissue repair patches in treatment procedures.

On the other hand, the cardiac repair segment is anticipated to register the fastest growth rate in the market for cardiovascular and soft tissue repair patches over the forthcoming years. This is owing to the alarming rise of congenital heart diseases amongst the global pediatric population driving the demand for cardiac patches.

By Raw Material Analysis

The Eptfe segment dominated the cardiovascular and soft tissue repair patches market and accounted for the largest revenue share of 61.4% in 2021. This growth of the segment is owing to the multiple benefits associated with ePTFE such as high tensile strength, high durability, and easy availability.

The widespread application of ePTFE in manufacturing medical accessories such as wound care materials, transducer protectors, ostomy bags, face masks, drainage bags, urine bags, and medical device enclosures. On the other hand, the biomaterial and tissue engineered material segment is anticipated to register the fastest growth rate in the market for cardiovascular and soft tissue repair patches over the forthcoming years.

The most commonly used raw material in manufacturing cardiovascular and soft tissue repair patches is bovine pericardium and is gaining popularity. Bovine pericardium offers several physical and chemical properties which is boosting the adoption of the same.

By Regional Analysis

North America dominated the market for cardiovascular and soft tissue repair patches and accounted for the largest revenue share of 37.6% in 2021. This is owing to rapidly changing lifestyles, growing prevalence of cardiac diseases, rising number of hernia disorders, increasing alcohol consumption and smoking, growing obesity levels, and rising substance abuse.

Asia Pacific is anticipated to register the fastest growth rate over the forthcoming years owing to the rapid advancements in healthcare infrastructure, growing trends of minimally invasive surgical procedures, rising incidence of cardiac disease, growing medical tourism, rapid economic development in several countries such as China and India, growing geriatric population, and rising burden of chronic disorders.

Key Players

• Baxter
• Admedus
• Abbott
• LeMaitre Vascular Inc.
• Edwards Life Sciences Corporation
• Glycar SA Pty Ltd.
• LabCor
• Cryolife, Inc.
• CorMatrix
• Terumo Medical Corporation
• Bard Peripheral Vascular Inc.
• Neovasc
• W.L. Gore & Associates, Inc.
• B.Braun
• Novomedics
• TEI Biosciences Inc.
• Perouse Medical
• Gunze Limited
• Atriummed
• Maverick Bioscience
• Southern Lights Biomaterials

Market Segmentation

• By Application
  • Cardiac repair
    • Atrial septal defect
    • Common atrium
    • Defects of the endocardial cushion
    • Ventricular septal defect
    • Tetralogy of Fallot
    • Right ventricular outflow tract reconstruction
    • Suture bleeding
  • Vascular repair & reconstruction
    • Carotid endarterectomy
    • Anomalous connection of the pulmonary veins
    • Transposition of the great vessels
    • Reconstruction of portal and superior mesenteric veins
    • Other Vascular repair and reconstruction
  • Pericardial repair
  • Dural repair
  • Soft Tissue repair
    • Defects of the abdominal wall
    • Defects of the thoracic wall
    • Gastric binding
    • Hernias
• By Raw Materials
  • ePTFE
  • Biomaterial and tissue engineered material
  • Others
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Spain
    • France
    • Italy
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

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