The vascular device market is one of the most diverse ones
. Vascular disease includes any condition that impacts the circulatory system — the system of blood vessels (arteries and veins) which carry blood and nutrients throughout our body.
Vascular disease may range from minor defects in arteries to severe and life-threatening conditions like peripheral artery disease (PAD), abdominal aortic aneurysm (AAA), cerebrovascular disease (CVD), atherosclerosis, carotid artery disease (CAD), arteriovenous malformation (AVM), critical limb-threatening ischemia (CLTI), pulmonary embolism (blood clots), deep vein thrombosis (DVT), chronic venous insufficiency (CVI), and varicose veins, defects and bulging in arteries veins & lymphatic system, distorted blood flow, and nutrient distribution in the body.
VASCULAR DEVICE MARKET
If we look at the growth of the global vascular market, it has been recorded to value at $26,522.24 million in 2020 with future growth prospects of $51,802.14 million by 2030, expanding at an annual growth rate (CAGR) of 6.50% in the period between 2020 to 2030. The growth in the vascular device market is mostly driven by the increase in the number of patients with cardiovascular disease. According to WHO, around 17.9 million people died from cardiovascular diseases in 2019 alone. Other prevalent vascular disorders include atherosclerosis, pulmonary embolism, deep vein thrombosis, CVD, etc.
It’s a highly segmented market based on the location of the disease in the body, disorder type, and end users.
The product segment in the vascular device market is broad. Location in the body of the disorder segments into 4 broad segments: neurovascular market, cardiovascular market, endovascular market, and peripheral market. Devices include products ranging from — stents including peripheral stents, coronary stents, balloons, hemodynamic flow alteration devices, and catheters for intravascular imaging, vascular grafts, and closure devices. The end user market segment is quite limited to the main OEM players and vascular care providers, including the specialized vascular disease centers, hospital units, and urgent care units. All the above means that opportunities abound and customer requirements and patient demands result in widely varied requirements.
Laser cut and laser welded Nitinol and stainless steel components for vascular implants and delivery systems.
AMETEK EMC — Engineering Components For All Segments Of the Vascular Market
AMETEK EMC has been a leading manufacturing partner in the vascular device Market for decades. With constant technological improvement, we’ve adapted ourselves to the latest and the most advanced capabilities. In addition to helping in engineering and manufacturing advanced vascular device components, we also help in improving existing medical devices in a wide variety of vascular projects.
For the vascular devices market, AMETEK EMC’s all facilities Avicenna & Laserage, and TSE are involved.
The engineering & manufacturing of vascular device components like stents, delivery catheters, imaging components, etc is done at our LASERAGE facility in Waukegan, Illinois. Our manufacturing and engineering capabilities include laser cutting, laser welding, surface finishing, electro-polishing, and micro-blasting new orthopedic tools, implants, and devices as well as advancing the existing vascular devices.
Avicenna Technology does vascular components and assemblies as well in the Montevideo, MN facility. The engineering and manufacturing team here focuses on laser ablation of polymer materials. If the lasers are ablating small holes for fluid passthrough or larger surfaces for electrode placement precision and consistency are the name of the game.
Our laser-processed solutions are known to offer reliability, and accuracy, lower manufacturing & operational costs, and advanced functionalities to our clients. This does lead to better value and patient outcomes for the OEMs.
TSE jumps in to support the OEMs’ need for custom interconnects in the vascular market space. Regularly surgeon will utilize capital equipment that needs to be connected to the patient or the catheter that is going in the patient during a vascular procedure. These interconnect are almost always the result of interactions between the OEMs’ project teams and our engineering team in our Jackson, MN or Eden Prairie, MN facility. Specifications are devised for conductor details and connect requirements and AMETEK’s TSE engineers collaborate on component sourcing and detail processing to complete the required assembly.
Biomaterials Used:
We manufacture vascular, implants, and delivery components with industry-approved and standardized biomaterials. Most vascular implants are made of metal such as titanium and titanium alloys including Nitinol. Stainless steel and other high-value metals such as Elgiloy, L605, and MP35N are also utilized for implants. Some implants can utilize polymer structures as well. The most common biomaterials in the vascular delivery systems are stainless steel and extruded polymer components and assemblies.
These biomaterials are industry accepted and reliable. The biomaterial is used to provide accurate resistance, strength, and durability for the medical devices to provide optimal treatment for patients.
Here Are The Components We Are Manufacturing For Each Market:
NEUROVASCULAR MARKET
We’re the leading provider of outsourced, customized precision components leveraging capabilities in precision laser ablation of fine wire and shafts, having designed, developed, and manufactured solutions such as:
- Drug infusion catheters
- Embolic coil detach wires
- Embolic coil composite guidewires
- Magnetic positioning cables
- Vascular imaging interconnects
CARDIOVASCULAR MARKET
We provide outsourced, customized precision components leveraging capabilities in precision laser ablation of fine wire and shafts, having designed, developed, and manufactured solutions such as:
- Implant stent components
- Vascular imaging interconnect
- Embolic protection composite guidewires
- Implant delivery catheters
- Atherectomy devices
ENDOVASCULAR MARKET
We are involved with providing outsourced engineering design services focused on complete catheter design including:
- Catheter design
- Catheter development
- Catheter components and assembly
- Nitinol stent implants
PERIPHERAL MARKET
We support leading OEM companies in this market with manufacturing and engineering design services focused on complete catheter design including:
- Nitinol stent implants
- Catheter components and assembly
- Valve frames
- Imaging inspection devices
With a collaborative approach, we work with our clients to completely understand the requirements of each project, engineer simplified solutions, design, develop & experiment with prototypes, manufacture high-value solutions, and get the components validated for production every day.
The vascular device market is a broad market demanding reliability and innovation at a fast pace. With a team of expert engineers and 40+ years of experience in this market, AMETEK EMC has stood the test of time to continuously offer an advanced, creative, and efficient solution to our clients.