Coronary artery bypass grafting (CABG) is a type of bypass surgery that is used to create a new path for blood to flow to the heart. This is used for patients who have severe coronary heart disease. CABG is the most common type of open heart surgery in the United States. Deskbound lifestyle, anxiety, stress and high consumption of junk food are key reasons that causes cardiovascular diseases in individuals around the globe.
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The market for coronary artery bypass graft is growing rapidly. The credit of this high growth can be given to increasing number of cases of cardiovascular disease which is the result of changing lifestyle along with it increase in patient’s awareness about this disease, related surgeries and therapies.
The global market for coronary artery bypass graft is expected to reach around USD 116 million by the end of the forecast period and is expected to grow at the CAGR of ~6.0%.
Key Players for Global Coronary Artery Bypass Graft Market:
- Hancock Jaffe Laboratories, Inc.,
- Terumo Cardiovascular Systems Corporation,
- VasoPrep Surgical,
- Dextera Surgical Inc.,
- Neograft Inc.,
- NOVADAQ Technologies Inc.,
- MAQUET Holding B.V. & Co. KG.,
- Genesee BioMedical, Sorin Group,
- Edwards Lifesciences Corporation and others.
Study Objectives Global Coronary Artery Bypass Graft Market:
- To provide detailed analysis of the global coronary artery bypass graft market structure along with forecast for the next 7 years about various segments and sub-segments of this market.
- To provide insights about factors affecting the market growth.
- To analyze the market based on price analysis, supply chain analysis, Porters Five Force analysis etc.
- To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies including their states and countries; they are – Americas, Europe, Asia-Pacific and Middle East & Africa.
- To provide country level analysis of the market with respect to the current market size and its future growth prospect.
- To provide country level analysis of the market’s segments including by type, by procedure, by end user and other sub segments.
- To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments
Global coronary artery bypass graft market has been segmented on the basis of type which comprises of off-pump, on-pump, minimally invasive direct CABG, endoscopic vein harvesting and others. On the basis of procedure; the market is segmented into single CABG surgery, double CABG surgery, triple CABG surgery, quadruple CABG surgery and others. On the basis of end users the market is segmented into hospitals, cardiology clinics, research institutes and others.
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Regional Analysis of Global Coronary Artery Bypass Graft Market:
Globally North America is the largest market for coronary artery bypass graft. The North American market for coronary artery bypass graft is growing with the CAGR of ~6.4% during the forecast period of 2016-2022. Europe is the second-largest market for coronary artery bypass graft. Asia pacific region is expected to be fastest growing region in coronary artery bypass graft market.
The report about Global Coronary Artery Bypass Graft Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of different markets segments and regions.
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