Cardiovascular Devices are used in treating diseases related to the heart and the circulatory system. Vascular Grafts Devices include Aortic Vascular Grafts and Peripheral Vascular Grafts. Vascular Grafts are tubes made up of natural tissue or synthetic materials surgically implanted in the veins and arteries. GlobalData uses proprietary data and analytics to provide a comprehensive report on the vascular grafts market in South Korea. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the vascular grafts market in South Korea was W. L. Gore & Associates followed by Getinge, Terumo, CR Bard, LeMaitre Vascular and B. Braun Melsungen.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Vascular Grafts are implants used to repair, bypass or replace sections of blood vessels during surgical interventions. They are also used to patch injured or diseased areas in the arteries and for the replacement of whole segments of larger arteries such as the aorta. Vascular Grafts are classified into autografts, allografts and synthetic vascular grafts on the basis of the materials. Autograft Vascular Grafts are vascular grafts taken from the individual and used in the same individual. These grafts are not tracked. Allograft Vascular Grafts are vascular grafts taken from another individual and used in the treated patient. Synthetic Vascular Grafts are the grafts which are manufactured using polymers. Polyester and Polytetrafluoroethylene (PTFE) are the two synthetic materials used to construct synthetic vascular grafts. Synthetic (polyethyleneterepthalate) Vascular Grafts are made from polymer yarn woven tubes whereas Synthetic PTFE Vascular Grafts are made by mechanically stretching sheets of polytetrafluoroethylene. Aortic Vascular Grafts are grafts that are used to replace and repair damaged portions of the aorta. Peripheral Vascular Grafts are grafts that are used to replace and repair damaged blood vessels outside of the aorta.
The vascular grafts market in South Korea can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size vascular grafts in South Korea, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
