Coronary Artery Bypass Graft Market

Coronary Artery Bypass Graft Market Is Expected At A CAGR Of 7.89% 2025 | Market Research Report

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.

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.

U.S. coronary artery bypass graft (CABG) market, by type, 2014–2025 (USD Million)

U.S. coronary artery bypass graft (CABG) market, by type, 2014 - 2025 (USD Million)

“Read Report Summary, Toc, Market Segmentation, Research Methodology, Request a Free Sample“ Click the link below:
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

“Would you like/try a Free Sample Report” Click the link below:
www.grandviewresearch.com/industry-analysis/coronary-artery-bypass-graft-cabg-market/request/rs1

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
• Radial Artery
• Gastroepiploic Artery

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

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Request for Customization: www.grandviewresearch.com/request-for-customization/4226/rfc