Coronary Artery Bypass Grafts CABG Market
Coronary artery bypass surgery, also known as coronary artery bypass graft CABG surgery, and colloquially heart bypass or bypass surgery, is a surgical procedure to restore normal blood flow to an obstructed coronary artery.
Increase in incidence of cardiovascular diseases due to stress, obesity, sedentary lifestyle, and unhealthy habits are factor are likely to fuel the global coronary artery bypass graft market from 2018 to 2024. Increase in adoption of endoscopic surgeries, surge in incidence of cardiovascular diseases, demographic changes, rise in complications such as obesity and stress due to sedentary lifestyle and aging population, and growth in medical tourism drive the global coronary artery bypass graft market. However, lack of regulatory approvals, rise in cardiac complications after CABG, and high cost of surgery are major factors restraining the global coronary artery bypass graft market.
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North America enjoys largest revenue market share in the world, with a revenue market share nearly 38.2% in 2018. Following North America, Europe is the second largest place with the revenue market share of 34.2%. Improved health care infrastructure and rise in awareness regarding cardiovascular diseases and its treatment drive the market in Europe and North America. The countries of rest of the world have a great potential for coronary artery bypass grafts market due to increasing incidence of cardiovascular diseases and also due to advancement in the technology.
Market competition is intense. Medtronic, Getinge Group, LivaNova, Terumo, Boston Scientific, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers.
According to this study over the next five years the Coronary Artery Bypass Grafts CABG market will register a 5.6% CAGR in terms of revenue, the global market size will reach US$ 142.7 million by 2024, from US$ 108.5 million in 2019. In particular, this report presents the global revenue market share of key companies in Coronary Artery Bypass Grafts CABG business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Coronary Artery Bypass Grafts CABG market by product type, application, key companies and key regions.
This study considers the Coronary Artery Bypass Grafts CABG value generated from the sales of the following segments:
Segmentation by product type: –
Breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Saphenous Vein Grafts
Internal Thoracic Artery Grafts
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Traditional CABG
Nontraditional CABG
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This report also splits the market by region: –
Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report: –
Breakdown data in in Chapter 3.
Medtronic
Getinge Group
LivaNova
Terumo
Boston Scientific
Stryker
Edwards Lifesciences
Genesee Biomedical
Karl Storz GmbH
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives: –
- To study and analyze the global Coronary Artery Bypass Grafts CABG market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Coronary Artery Bypass Grafts CABG market by identifying its various sub segments.
- Focuses on the key global Coronary Artery Bypass Grafts CABG players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Coronary Artery Bypass Grafts CABG with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
- To project the size of Coronary Artery Bypass Grafts CABG submarkets, with respect to key regions along with their respective key countries .
- 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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