The global demand for Coronary Artery Bypass Grafts Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Coronary Artery Bypass grafting is a procedure performed to improve the overall blood flow to the heart. It is necessary for people suffering from severe heart disease whose arteries supplying blood to the heart are narrowed or blocked. The graft helps in re-establishing sufficient blood flow to enhance oxygen delivery and supply of nutrients to the heart muscle. Technological advancements in these grafting devices can lead to faster recovery, low bleeding during the procedure, less traumatized patients, reduced infection rate and affordability.
The key market drivers are increased prevalence of cardiovascular diseases like hypertension, coronary heart disease due to sedentary lifestyle, mental stress and bad food habits among the mass population. The rising geriatric population can as well add to the market growth along with increased awareness of various therapies and surgeries available. The introduction of technologically advanced products can boost the market growth. however ever-growing health care budget, poor payment models and poorly organized reimbursement models and poor health care infrastructure can hinder the growth of this market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of coronary artery bypass grafts.
The entire Coronary Artery Bypass Grafts market has been sub-categorized into type, surgical procedure, technology, technique. the report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Surgical Procedure
- Saphenous Vein Grafts
- Internal Thoracic Artery Grafts
- Other Grafts
- Radial Artery
- Gastroepiploic Artery
- Single CABG Surgery
- Double CABG Surgery
- Triple CABG Surgery
- Quadruple CABG Surgery
- On-Pump CABG
- Off-Pump CABG
- Conventional Vessel Harvesting
- Endoscopic Vessel Harvesting
This section covers regional segmentation which accentuates on current and future demand for coronary artery bypass grafts market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Coronary Artery Bypass Grafts Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the coronary artery bypass grafts market include Medtronic, Terumo Corporation, Guidant, MAQUET Holding B.V. & Co.KG, Vitalitec, Novadaq Technologies Inc., KARL STORZ GmbH & Co. KG, Edwards Lifesciences, Genesee Biomedical Inc., Sorin Group. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.