The global Cardiovascular And Soft Tissue Repair Patches Market size
is expected to reach USD 7.8 billion by 2030, according to a new report by
Grand View Research, Inc. The market is expected to expand at a CAGR of 8.4%
from 2022 to 2030. 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. As per World Health Organization estimates,
cardiovascular diseases account for the largest share of 32% or 17.9 million
deaths annually. As per the Centers for Disease Control and Prevention
estimates, approximately 695,000 deaths in the U.S. are due to underlying
cardiac diseases. Coronary heart diseases are recorded in the majority of
cardiac disorder-related deaths. As per the Centers for Disease Control and
Prevention estimates, coronary heart diseases accounted for 360,900 deaths in
the U.S. in 2019.
Another key driving force supporting growth is the
rising prevalence of hernias such as inguinal hernia, umbilical hernia,
congenital diaphragmatic hernia, ventral hernia, and others. Some of the risk
factors associated with hernias are heavy weight lifting, abdominal surgery,
ascites, constipation, and chronic cough which increases the pressure on
intra-abdominal regions resulting in abdominal hernias. Inguinal hernias are
the commonest abdominal hernias and the incidence rate of inguinal hernia
repairs in the U.K. is 10 per 100,000 individuals and in the U.S. are 28 per
100,000 individuals. Congenital diaphragmatic hernia is caused due to genetic
factors and residual embryological channel defects. The abovementioned factors
are driving the demand for patches in therapeutic procedures and wound care
management.
Related Press Release@ Cardiovascular And Soft Tissue Repair Patches Market Report
Cardiovascular And Soft Tissue
Repair Patches Market Report Highlights
- The soft tissue repair segment dominated the market in 2021 due to
the rapidly growing incidence rate of hernias across the globe
- The ePTFE segment dominated the market in 2021 owing to the
multiple benefits associated with ePTFE, such as high durability, easy
availability, and high tensile strength
- North America dominated the market in 2021 owing to the growing
disease burden, advancing healthcare infrastructure, rising disposable
income, and growing trend of minimally invasive surgeries
About Us:
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
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