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Coronary Artery Bypass Graft Market Size, Share & Trends | Industry Analysis Report, 2026

06-01-2020 01:46 PM CET | Health & Medicine

Press release from: Transparency Market Research

Coronary Artery Bypass Graft Market - Snapshot

Coronary artery bypass graft surgery is performed to remove blockages that obstruct the blood flow. The surgery provides bypass for blood flow by grafting vein or blood vessel from the thigh. Depending upon the number of blocks either a single or multiple grafts are used. CABG is surgery is performed to improve the quality of life and reduce symptoms of angina and other cardiovascular disorders. The global coronary artery bypass graft market was valued at US$ 104.0 Mn in 2017 and is anticipated to reach nearly US$ 163.9 Mn by 2026, expanding at a CAGR of around 5.3% from 2018 to 2026. 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 2026.

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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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The global coronary artery bypass graft market is segmented into product type, device type, technique type, end-user, and geography. In terms of product type the global coronary artery bypass graft market is segmented into on-pump CABG, off-pump CABG, minimally invasive direct CABG, and conventional CABG. Based on device type, the global coronary artery bypass graft market is divided into tissue stabilizers, heart positioner, refractors, cannulas, cardiopulmonary bypass machine, endoscopic vessel harvesting systems, and others. In terms of technique type, the global coronary artery bypass graft market is bifurcated into traditional vessel harvesting and endoscopic vessel harvesting. Based on end-users the global coronary artery bypass graft market is further segmented into hospitals, cardiology clinics, and research and academic institutions. In terms of geography, the global artery coronary bypass graft market is classified into North America, Europe, Asia Pacific, and Rest of the World (ROW).

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants uses proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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