San Francisco, 2 January 2019: The Report Coronary Artery Bypass Graft (CABG) Market Analysis By Type (Saphenous Vein Grafts,
Internal Thoracic Artery Grafts), By Surgical Procedures, By Technology
(On-Pump CABG, Off-Pump CABG), And Segment Forecasts, 2018 - 2025
The global coronary artery bypass graft (CABG) market is expected to reach USD 127.6 million by 2025, according
to a new report by Grand View Research, Inc. The market is expected to witness
lucrative growth over the forecast period, owing to increasing prevalence of
Cardiovascular Diseases (CVDs) such as Coronary Artery Disease (CAD) or
Coronary Heart Disease (CHD) coupled with rising geriatric population across
the globe.
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| Coronary Artery Bypass Graft Market |
Favorable reimbursement policies, such as
the U.S. Medicare (federal health insurance program) system, Medicaid, and
National Health Insurance (NHI) have been a prime growth factor for the CABG
market. Medical device companies provide new product platforms, which are
covered under reimbursement programs that benefit the patients. Reimbursement
services provided by Medicare and other insurers to physicians and hospitals is
expected to fuel the demand for the adoption of CABG devices such as catheters,
cannulae, retractors, positioners & stabilizers, suction devices, and
syringes during the forecast period.
Access Research Report of Coronary Artery Bypass Graft Market
@ www.grandviewresearch.com/industry-analysis/coronary-artery-bypass-graft-cabg-market
Further Key Findings from the Study Suggest:
· The saphenous vein grafts segment held a
profitable revenue share in 2016 and is anticipated to grow at a significant rate
over the forecast period
· The off-pump CABG segment is anticipated to
witness the fastest growth over the forecast period owing to the benefits
offered by this technology such as increased safety, effective, reduced chances
of bleeding during the surgery, low chances of stroke, low need for blood
transfusions, low injury to the heart muscle, and improved quality of life
· The endoscopic vein harvesting segment is
expected to gain the market share over the forecast period as it eliminates the
requirement for long incisions associated with open (conventional) harvesting,
resulting in reducing the risk of wound infection and other complications,
minimizing postoperative pain, and increasing the patient satisfaction level
· North America is expected to dominate the
CABG market during the forecast period, owing to the rising prevalence of CVDs
in the U.S. and Canada. In addition, increasing per capita healthcare spending
and growing population in the region are expected to spur the growth of this
vertical.
· Some of the key players of this market are
Medtronic; TERUMO CORPORATION; Guidant Group; MAQUET Holding B.V. & Co.KG;
Vitalitec International, Inc.; Novadaq Technologies Inc.; KARL STORZ GmbH &
Co. KG; Edwards Lifesciences; Genesee Biomedical Inc.; and Sorin Group
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
global CABG market on the basis of type, surgical procedure, technology,
technique, and region:
CABG Market: Type Outlook (Revenue, USD
Million, 2014 - 2025)
·
Saphenous Vein Grafts
·
Internal Thoracic Artery Grafts
·
Other
CABG Market: Procedure Outlook (Revenue, USD Million,
2014 - 2025)
·
Single CABG Surgery
·
Double CABG Surgery
·
Triple CABG Surgery
·
Quadruple CABG Surgery
CABG Market: Technology Outlook (Revenue,
USD Million, 2014 - 2025)
·
On-Pump CABG
·
Off-Pump CABG
CABG Market: Technique Outlook (Revenue,
USD Million, 2014 - 2025)
·
Conventional Vessel Harvesting
·
Endoscopic Vessel Harvesting
CABG Market: Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East and Africa (MEA)
Access Press Release of
Coronary Artery Bypass Graft Market@ www.grandviewresearch.com/press-release/global-coronary-artery-bypass-graft-cabg-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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