Pericardial Patches Market Share

  • Report ID: 4589
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Pericardial Patches Market Share

North American Market Forecast   

The North America pericardial patches market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. The growth of the market can be attributed majorly to the rising incidence of anterior cruciate ligament (ACL) injuries and the availability of soft tissue allografts manufacturers in the region is expected to drive the pericardial patches market in the region. For instance, in the United States, ACL injuries and tears are among the most common knee injuries, with an estimated 150,000 to 200,000 of these injuries occurring each year. Further, the strong healthcare network in the region, along with the increased healthcare expenditure by the population is anticipated to promote the usage of pericardial patches in the upcoming years. Moreover, the rising focus on developing advanced pericardial patches by the market players is also anticipated to increase the awareness level of pericardial patches among medical professionals and the general population. In addition, the region's expanding healthcare industry and rising commercialization of pericardial patches are also anticipated to boost market growth during the forecast period.

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Author Credits:  Radhika Pawar


  • Report ID: 4589
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of pericardial patches is estimated at USD 356.54 Million.

The pericardial patches market size was over USD 333.53 Million in 2023 and is poised to cross USD 794.04 Million by the end of 2036, witnessing more than 6.9% CAGR during the forecast period i.e., between 2024-2036. The rise in the prevalence of chronic diseases, improvements in pericardial patch manufacturing and sterilization, and increased use of soft tissue patches in surgeries are the major factors driving the growth of the market.

North America is anticipated to hold majority industry share by 2036, attributed to rising incidence of anterior cruciate ligament (ACL) injuries and availability of soft tissue allografts manufacturers in the region.

Edwards Lifesciences Corporation, Visionary Medtech Solutions, Abbott Laboratories, CryoLife, Inc., LeMaitre Vascular, Inc., Neovasc, Inc., FOC Medical, W. L. Gore & Associates, Inc., Baxter International Inc., Collagen Solutions Plc
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