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Extracellular Matrix Patches Market Opportunity, Analytical Insights, Business Growth Analysis 2025 | Grand View Research, Inc.

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Extracellular Matrix Patches Market Opportunity, Analytical Insights, Business Growth Analysis 2025 | Grand View Research, Inc.

September 09
09:54 2021
Extracellular Matrix Patches Market Opportunity, Analytical Insights, Business Growth Analysis 2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, the increasing incidence of congenital heart disease (CHD) and trauma injuries, several of which often result in repair and reconstruction procedures, is one of the key factors driving the market.

The global extracellular matrix patches market size is expected to reach USD 39.77 million by 2025 at a 7.7% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of cardiovascular diseases, the rising number of trauma surgeries, and the growing adoption of ECM patches among healthcare providers are some of the key drivers for this market. Recent development of advanced ECM patches for soft tissue repair and wound healing procedures is also expected to positively impact market growth.

The surging number of hernia and pelvic restoration surgeries is also propelling demand for ECM patches in healing processes. Moreover, these patches offer greater biocompatibility, durability, and pliability than synthetic patches, which is expected to drive demand in the market. Favorable reimbursement support by governments around the world is also expected to boost the adoption and acceptance of these patches in the market.

The rising number of research activities for the development of extracellular matrix patches enables an expansion in applications, which in turn, drives the market. In addition, rising government initiatives toward improvement in healthcare infrastructure and increasing healthcare expenditure in developing countries are positively influencing the market growth. However, the high cost of these patches is a significant factor that can lower the adoption of these patches in lower- and middle- income countries.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/extracellular-matrix-ecm-patches-market

Extracellular Matrix Patches Market Report Highlights

• ECM patches for soft tissue repair emerged as the largest application segment in terms of revenue in 2017, owing to the rising number of hernia repair and trauma surgeries

• ECM patches derived from porcine accounted for the largest revenue share in 2017 based on raw material owing to several benefits of porcine over other sources, such as reduction in scar formation, durability, and pliability

• In terms of geography, North America accounted for the largest revenue share in 2017 and Asia Pacific is expected to exhibit the fastest growth rate over the forecast period

• Boston Scientific Corporation; Coloplast; DSM; and Baxter are some of the major players operating in the market.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/extracellular-matrix-ecm-patches-market/request/rs1

Extracellular Matrix Patches Market Segmentation

Grand View Research has segmented the global extracellular matrix (ECM) patches market based on application, raw material, and region:                                                                                                                                                           

Extracellular Matrix Patches Application Outlook (Revenue, USD Thousand, 2014 – 2025)         

    • Cardiac Repair                                      

    • Vascular Repair & Reconstruction

    • Pericardial Repair     

    • Dural Repair 

    • Soft Tissue Repair

    • Wound Healing

Extracellular Matrix Patches Raw Material Outlook (Revenue, USD Thousand, 2014 – 2025)

    • Bovine

    • Porcine

    • Others

Extracellular Matrix Patches Regional Outlook (Revenue, USD Thousand, 2014 – 2025)

     • North America       

        • U.S.

        • Canada

     • Europe

        • Germany

        • U.K.

     • Asia Pacific

        • China

        • Japan

     • Latin America

        • Brazil

        • Mexico

     • Middle East & Africa

        • South Africa     

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/5248/ibb

About Grand View Research

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.

Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.

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Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
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Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/extracellular-matrix-ecm-patches-market