Product Code: ETC8854039 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Vascular patches are used in procedures like carotid endarterectomy and peripheral bypass. The market in the Philippines is modest but supported by advancements in vascular surgeries and increasing adoption of biocompatible materials. Demand is mainly concentrated in tertiary care centers.
The vascular patches market in the Philippines is developing in line with the rise in vascular surgeries for conditions like carotid endarterectomy and arteriovenous fistula repairs. Bovine pericardium and synthetic patches are increasingly used due to better biocompatibility and reduced infection risks. The market is bolstered by increasing healthcare spending and the import of advanced surgical materials.
The vascular patches market is limited by high import dependence and limited reimbursement under health insurance schemes. Surgical teams may also be unfamiliar with newer patch technologies, preferring traditional methods instead.
The rise in vascular surgeries has increased the need for biocompatible patches. Manufacturing or distributing vascular patches made from synthetic or biological materials can serve both government and private hospital markets. Regulatory navigation and education on product efficacy can aid in capturing institutional demand.
These are classified as Class B or C medical devices under FDA regulations and require stringent quality control. The government includes them in surgical procurement for cardiovascular centers in select government hospitals. Subsidies may apply through central bidding processes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Vascular Patches Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Vascular Patches Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Vascular Patches Market - Industry Life Cycle |
3.4 Philippines Vascular Patches Market - Porter's Five Forces |
3.5 Philippines Vascular Patches Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Vascular Patches Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Vascular Patches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Vascular Patches Market Trends |
6 Philippines Vascular Patches Market, By Types |
6.1 Philippines Vascular Patches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Vascular Patches Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Vascular Patches Market Revenues & Volume, By Biologic Vascular Patches, 2021- 2031F |
6.1.4 Philippines Vascular Patches Market Revenues & Volume, By Synthetic Vascular Patches, 2021- 2031F |
6.2 Philippines Vascular Patches Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Vascular Patches Market Revenues & Volume, By Carotid Endarterectomy, 2021- 2031F |
6.2.3 Philippines Vascular Patches Market Revenues & Volume, By Open Repair of Abdominal Aortic Aneurysms, 2021- 2031F |
6.2.4 Philippines Vascular Patches Market Revenues & Volume, By Vascular Bypass Surgery, 2021- 2031F |
7 Philippines Vascular Patches Market Import-Export Trade Statistics |
7.1 Philippines Vascular Patches Market Export to Major Countries |
7.2 Philippines Vascular Patches Market Imports from Major Countries |
8 Philippines Vascular Patches Market Key Performance Indicators |
9 Philippines Vascular Patches Market - Opportunity Assessment |
9.1 Philippines Vascular Patches Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Vascular Patches Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Vascular Patches Market - Competitive Landscape |
10.1 Philippines Vascular Patches Market Revenue Share, By Companies, 2024 |
10.2 Philippines Vascular Patches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |