Vascular Injury Treatment Market Size, Share, Growth, Trends, Consumption, Revenue, Company Analysis, Regional Insights and Forecast 2021-2028

Published Date : Nov 2020 | No. of Pages : 200 Pages | Category : Healthcare

According to Vision Research Report, the global vascular injury treatment market size was valued at US$ 3 Bn in 2020, and is projected to expand at a CAGR of ~6% from 2019 to 2027.

Global vascular injury treatment market size is projected to surpass around US$ 5 billion by 2028, rise in the prevalence of vascular injuries is projected to boost the growth of the global vascular injury treatment market during the forecast period.

The prevalence of vascular injuries is rising among the population due to accidents, falls, and cuts. Moreover, dislocation of bones is one of the major causes of vascular injury. The term 'vascular trauma' refers to the blood vessel injury, comprising the arteries, which carry blood to an extremity or an organ or a vein, which return the blood to the heart. Vascular surgeons categorize these vascular injuries by the type of trauma that caused them - penetrating or blunt injury. A blunt injury can occur when a blood vessel is crushed or stretched. A penetrating injury can occur when a blood vessel is punctured, torn, or severed. Either type of vascular trauma can cause the blood vessel to clot, also known as thrombosis, and interrupt blood flow to an organ or extremity or cause bleeding, which can lead to life-threatening hemorrhage. According to the National Trauma Databank, vascular injuries account for 1% to 2% of all injuries reported in trauma patients. Penetrating trauma is the leading cause of peripheral vascular injuries, and accounted for over 71% of all vascular injuries in 2018. Among penetrating vascular injuries, handguns are the major cause of penetrating injuries in the U.S., followed by stab wounds and shotguns.

Improvements in Trauma Care: Need of the Hour for Firearm Injuries

A recent study on vascular injury treatment, conducted by researchers from the Boston University School of Medicine (BUSM), stated that, individuals who suffered firearm injuries and underwent surgical repair of major blood vessels were more susceptible to the high injury severity score (a scale made to predict in-hospital deaths).

In many cases, individuals that suffer firearm injuries due to gunshots undergo vascular injury treatment to repair the damage caused by bullets to major blood vessels. After several cross-validations, it found that, individuals who underwent surgical repair of their major blood vessels accounted for a high injury severity score as compared to those who didn’t undergo surgical repair treatment. Further studies showed that, the risk of death increased by five times, and complications increased three times, due to surgical repair treatment.

Complications such as venous thromboembolism, kidney failure, sepsis, and heart and neurologic-related complexes were greater in patients who underwent repair of their major blood vessels. Thus, stakeholders in the vascular injury treatment landscape need to carry out clinical trials to better understand firearm injuries and the impact of surgical repair on major blood vessels. Improvements in trauma care can help emergency medicine physicians and vascular injury treatment surgeons develop efficient treatment solutions for gun violence survivors.

Preventive Measures Help Reduce Arterial Thromboembolic Incidences

Growing incidences of anticancer drug induced arterial injuries are surfacing in the vascular injury treatment ecosystem. The side effects of chemotherapeutic drugs and anti-tumor medicines complicate treatment cycles. These side effects are some of the causes for the increase in non-cancer-related mortality rates, and affect the quality of life of cancer survivors. Growing incidences of arterial thromboembolic events (ATEE) are also associated with the consumption of anti-cancer drugs.

As such, stakeholders need to develop treatment solutions to assess the high risks of vascular complications, and innovate on antithrombotic therapies that keep a tab on thromboembolic and bleeding risks. Preventive measures and individualized chemotherapy serve as viable treatment steps to reduce the incidences of anti-tumor treatment-related vascular events. As such, ongoing research and development is being carried out to address ATEE risk stratification, which helps in early prediction and reduced complications in cancer survivors.

In terms of injury, the laceration/transection segment held a major share of the global vascular injury treatment market in 2020. The segment is anticipated to dominate the market during the forecast period. A research study published by NCBI, titled 'Vascular Injuries: Trends in Management', concluded that, lacerations and transections are induced most commonly due to blunt trauma as well as high velocity missiles, which cause irregular tears in the vessel or segmental loss associated with other tissue injuries as well. This type of injury comprises 80% to 85% of the cases. Increase in the incidence of vascular injuries, rise in the prevalence of trauma due to the surge in road accidents, falls, cuts, violence, and also high bone dislocation cases and athletic sports injuries drive the global vascular injury treatment market. Surge in the number of endovascular procedures and rise in prevalence of obesity also augment the global vascular injury treatment market. According to the World Health Organization (WHO), in 2016, more than 1.9 billion adults were overweight; of these, nearly 650 million were obese. Moreover, 13% of adults aged 18 years and above were obese.

However, the high cost associated with the treatment of vascular injuries and lack of awareness in developing countries are likely to hamper the growth of the global vascular injury treatment market.

Prominent Regions

The vascular injury treatment market in Asia Pacific is projected to witness strong growth, owing to an increase in the incidence of these injuries. Additionally, surge in the number of trauma cases, increase in patient population, and initiatives taken by governments in the healthcare sector boost the growth of the global vascular injury treatment market in the region. According to the Ministry of Road Transport & Highways, India, a total of 464,910 road accidents were reported by the States and Union Territories (UTs) in 2017, claiming 147,913 lives and causing injuries to 470,975 persons. A large number of traumatic injuries leading to vascular damage contributes to the growth of the vascular injury treatment market. Well-established healthcare infrastructure, rise in vascular injuries, and technological advancements propel the vascular injury treatment markets in developed regions such as North America and Europe. The vascular injury treatment markets in the Middle East & Africa and Latin America are expected to witness moderate growth in the near future.

Key players strive to expand their footprint across the world to strengthen their position in the vascular injury treatment market. Developing economies, due to increase in government initiatives and high demand for vascular injury treatment, offer significant opportunities for key players to expand their share in the vascular injury treatment market.

Key Players

Key players in the global vascular injury treatment market are sharpening their competitive edges through close cooperation and collaborations in the areas of technological advancements, marketing, and infrastructure. These players are also growing their businesses through organic methods such as infrastructure capacity expansion and increasing the number of professionals to meet the rising demand for the detection and treatment of vascular injuries.

Leading players operating in the global vascular injury treatment market include Cleveland Clinic, Apollo Hospitals Enterprise Ltd., Massachusetts General Hospital, Heidelberg University Hospital, Royal Berkshire NHS Foundation Trust, Universal Health Services, Inc., Tenet Healthcare, Mayo Clinic Health System, Mediclinic International, CHSPSC, LLC, and IHH Healthcare Berhad.

Market Segmentation

By Injury

  • Spasm
  • Thrombosis
  • Contusion/Intimal Flap
  • Laceration/Transection
  • Arteriovenous (AV) Fistula
  • Aneurysm & Pseudoaneurysm
  • Others

By Treatment

  • Lateral Arteriorrhaphy/ Venorrhaphy
  • Patch Angioplasty
  • Bypass Graft
  • Extraanatomic Bypass
  • Thrombectomy
  • Others

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Report Scope

The Vascular injury treatment market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Vascular injury treatment market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Vascular injury treatment market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vascular injury treatment market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Vascular injury treatment market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Vascular injury treatment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Vascular injury treatment by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Vascular injury treatment market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Vascular injury treatment market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Vascular injury treatment market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Vascular injury treatment industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Vascular injury treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Vascular injury treatment market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Vascular injury treatment market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Vascular injury treatment market. These factors have benefited the growth of the global market for Vascular injury treatment. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Vascular injury treatment. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Vascular injury treatment are as follows:

  • History Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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