Global Artificial Blood Vessels Market Size To Exceed USD 3.86 Billion By 2035 | CAGR of 5.2%
Category: HealthcareGlobal Artificial Blood Vessels Market Size To Exceed USD 3.86 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Artificial Blood Vessels Market Size is expected to grow from USD 2.21 Billion in 2024 to USD 3.86 Billion by 2035, at a CAGR of 5.2% during the forecast period 2025-2035.
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Browse key industry insights spread across 240 pages with 120 Market data tables and figures & charts from the report on the “Global Artificial Blood Vessels Market Size, Share, and COVID-19 Impact Analysis, By Polymer Type (Polydioxanone, Elastomer, Polyethylene Terephthalate, and Others), By End-users (Hospitals, Cardiac Catheterization Laboratories, Ambulatory Surgical Centers, Specialty Clinics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/artificial-blood-vessels-market
The artificial blood vessels market involves engineered conduits designed to replace or bypass damaged blood vessels, primarily used in cardiovascular surgeries such as coronary artery bypass grafting, peripheral arterial disease treatment, and dialysis access. These vessels are made from synthetic polymers, tissue-engineered materials, or combinations, addressing the growing need for effective vascular repair. Market growth is driven by the rising prevalence of cardiovascular diseases worldwide, an aging population, and lifestyle-related risk factors such as diabetes and hypertension. Advances in biomaterial technologies enhance graft durability and compatibility, further supporting demand. Emerging markets such as the Asia Pacific and Latin America offer significant opportunities due to improved healthcare infrastructure and increased disease awareness. Additionally, innovations such as 3D printing and bioengineered grafts are accelerating market expansion, alongside the rising adoption of minimally invasive surgeries that reduce recovery time and complications, increasing the need for advanced vascular grafts. High production costs, strict regulations, and risks of graft rejection restrict the artificial blood vessels market.
The polyethylene terephthalate segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the polymer type, the artificial blood vessels market is segmented into polydioxanone, elastomer, polyethylene terephthalate, and others. Among these, the polyethylene terephthalate segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment’s strong growth is driven by its widespread use in cardiovascular surgeries and growing preference among healthcare providers for reliable, durable, and biocompatible synthetic materials in vascular graft applications.
The hospitals during pregnancy segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the end-users, the artificial blood vessels market is segmented into hospitals, cardiac catheterization laboratories, ambulatory surgical centers, specialty clinics, and others. Among these, the hospitals segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Hospitals offer advanced infrastructure, skilled professionals, and specialized facilities, making them the preferred choice for complex artificial blood vessel surgeries, thereby driving market growth.
North America is expected to hold the majority share of the global artificial blood vessels market during the forecast period.
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North America is expected to hold the majority share of the global artificial blood vessels market during the forecast period. The region features advanced healthcare infrastructure, a high rate of cardiovascular diseases, and a strong emphasis on medical innovation. Additionally, significant R&D investments, supportive government policies, and widespread use of minimally invasive surgeries drive substantial market growth.
Asia Pacific is anticipated to grow at the fastest pace in the global artificial blood vessels market during the forecast period. Rapid urbanization and lifestyle changes increase cardiovascular cases, while improved healthcare, higher spending, and awareness boost demand for advanced medical treatments.
Major vendors in the global artificial blood vessels market are B. Braun Melsungen AG, Terumo Medical Corporation, Becton, Dickinson and Company (BD), W. L. Gore & Associates, Inc., Artivion, Inc., Humacyte Inc., Getinge AB, Jotec GmbH, Abbott Laboratories, Cook Medical Incorporated, Medtronic Inc., Techshot Inc., LeMaitre Vascular, Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In April 2024, BD launched the BD Vacutainer UltraTouch Push Button Blood Collection Set in India, featuring RightGauge and PentaPoint technologies, designed to reduce patient pain and improve single-prick success with a thinner needle during blood collection.
- In February 2024, Terumo Medical Corporation began expanding its manufacturing facility in Caguas, Puerto Rico, to meet growing global demand for its Angio-Seal Vascular Closure Device, a leading product providing rapid, reliable hemostasis for millions of patients after angiographic and interventional procedures worldwide.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the artificial blood vessels market based on the below-mentioned segments:
Global Artificial Blood Vessels Market, By Polymer Type
- Polydioxanone
- Elastomer
- Polyethylene Terephthalate
- Others
Global Artificial Blood Vessels Market, By End-users
- Hospitals
- Cardiac Catheterization Laboratories
- Ambulatory Surgical Centers
- Specialty Clinics
- Others
Global Artificial Blood Vessels Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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