A vascular injury typically occurs in the extremities. The most common occurrence is an open wound or penetrating trauma. The next most common type of vascular injury is sustained during high-speed motor vehicle accidents. Patients with large lacerations or persistent hemorrhage may have vascular injuries, especially if they experience increasing bleeding. The vascular system consists of arteries and veins that carry blood throughout the body. This blood carries oxygen and nutrients to cells and tissues, and a traumatic injury to these vessels can permanently damage them. Additionally, the nerves, muscles, and bones in the affected area can be damaged or even lost. An x-ray will help detect an injury to the arteries or veins.
Treatment option for vascular injury includes medical therapy, minimally-invasive catheter procedures, and surgical reconstruction while angiogram, segmental pressure test, computed tomography angiography (CTA), duplex ultrasound are common vascular tests, which are conducted by the healthcare professional for the vascular injury diagnosis.
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Global Vascular Injury Treatment Market Drivers
Increasing number of collaborations by hospital to provide therapeutic solution for heart related diseases is driving growth of the vascular injury treatment market. For instance, in 2019, Mayo Clinic Health System and OU Children’s Hospital entered into a collaboration for rare heart disease research (Hypoplastic Left Heart Syndrome). In addition, they are collaborating with the number of hospitals globally for the treatment of rare heart disease. Moreover, Children’s Hospital at OU Medicine collaborated with five other Hypoplastic Left Heart Syndrome (HLHS) Consortium members, including Mayo Clinic, Children’s Hospital of Philadelphia, Children’s Hospital of Los Angeles, Children’s Minnesota, and the Children’s Hospital Colorado.
Moreover, in 2018, Mayo Clinic Health System entered into collaboration with Eko to develop data-driven technology that will help physician to detect potential dangerous heart diseases. Also, Eko and Mayo Clinic has announced to develop and commercialize a machine based algorithm that will help to screen the patient for the presence of a low ejection fraction (a weak heart pump). Hence, increasing launches of new technology for detection of heart related disease is expected to propel growth of the global vascular injury treatment market over the forecast period. For instance, according to the WHO, 17.9 million people die each year from cardiovascular disease. Thus, rising prevalence of the cardiovascular disease is one of the factors that is projected to drive growth of the global vascular injury treatment market over the forecast period.
Global Vascular Injury Treatment Market Restraints
On the other hand, high cost associated with the vascular disease treatment is is expected to hamper growth of the global vascular injury treatment market. For instance, for peripheral artery disease (PAD) related non-coronary procedures, average cost accounts for US$ 729. In addition, for antihypertensive medication, average cost is US$ 313, while for lipid-lowering therapy, average cost accounts for US$ 207. Moreover, according to the American Heart Association (AHA), in 2035, in U.S, total cost for the treatment of cardiovascular is expected to reach US$ 1.1 trillion. Therefore, high cost for the treatment of vascular disease is expected to hamper growth of the global vascular injury treatment market.
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Global Vascular Injury Treatment Market Regional Analysis
North America is expected to account for highest market share over the forecast period in global vascular injury treatment market owing to the increasing prevalence of vascular disease such as cardiovascular disease in the region, which is further projected to drive growth of the North America market. For instance, according to the American Heart Association (AHA), in 2017, 116.4 million of U.S adults suffered from hypertension. According to the same source, by 2035, over 130 million adults of U.S population are expected to suffer from some form of cardiovascular disease.
Asia Pacific is expected to exhibit highest CAGR over the forecast period owing to the rise in the occurrence of trauma due to the increasing road traffic. For instance, according to the WHO, over 90% road traffic death occur in low and middle income countries.
Global Vascular Injury Treatment Market Key Players
Key players operating in the global vascular injury treatment market include Medtronic plc, Cardinal Health, Inc., Boston Scientific Corporation, and Teleflex Inc., 3M, Becton, Dickinson, and Company.
Market Taxonomy:
On the basis of device, the global vascular injury treatment market is segmented into:
- Instruments
- Consumables
On the basis of injury type, the global vascular injury treatment market is segmented into:
- Spasm
- Thrombosis
- Arteriovenous (AV) Fistula
- Contusion/Intimal Flap
- Others
On the basis of end users, the global vascular injury treatment market is segmented into:
- Ambulatory Surgical Centers
- Hospitals
- Clinics
- Others
On the basis of region, the global vascular injury treatment market is segmented into:
- North America
- Latin America
- Europe
- Middle East
- Asia Pacific
- Africa
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Vascular Injury Treatment Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Vascular Injury Treatment Market Industry Impact
Chapter 2 Global Vascular Injury Treatment Market Competition by Types, Applications, and Top Regions and Countries
2.1 Global Vascular Injury Treatment Market (Volume and Value) by Type
2.3 Global Vascular Injury Treatment Market (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Vascular Injury Treatment Market Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Vascular Injury Treatment Market Analysis
Chapter 6 East Asia Vascular Injury Treatment Market Analysis
Chapter 7 Europe Vascular Injury Treatment Market Analysis
Chapter 8 South Asia Vascular Injury Treatment Market Analysis
Chapter 9 Southeast Asia Vascular Injury Treatment Market Analysis
Chapter 10 Middle East Vascular Injury Treatment Market Analysis
Chapter 11 Africa Vascular Injury Treatment Market Analysis
Chapter 12 Oceania Vascular Injury Treatment Market Analysis
Chapter 13 South America Vascular Injury Treatment Market Analysis
Chapter 14 Company Profiles and Key Figures in Vascular Injury Treatment Market Business
Chapter 15 Global Vascular Injury Treatment Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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