Press release
Coronary Artery Bypass Grafts (CABG) Market Competitive Share|Size & Forecast 2022|Medtronic, Getinge Group
Coronary artery bypass surgery, also known as coronary artery bypass graft (CABG) surgery, and colloquially heart bypass or bypass surgery, is a surgical procedure to restore normal blood flow to an obstructed coronary artery.
Highlights
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Coronary Artery Bypass Grafts (CABG) market is projected to reach US$ 184 million by 2028 from an estimated US$ 135.8 million in 2022, at a CAGR of 5.2% during 2023 and 2028.
Global Coronary Artery Bypass Grafts (CABG) key players include Medtronic, Getinge Group, LivaNova, Terumo, Boston Scientific, etc. Global top five manufacturers hold a share about 65%.
North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share about 55 percent
In terms of product, Saphenous Vein Grafts is the largest segment, with a share about 70%. And in terms of application, the largest application is Traditional CABG, followed by Nontraditional CABG.
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Complete study of the global Coronary Artery Bypass Grafts (CABG) market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Coronary Artery Bypass Grafts (CABG) industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Coronary Artery Bypass Grafts (CABG) production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.
Segmental Analysis
The report has classified the global Coronary Artery Bypass Grafts (CABG) industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Coronary Artery Bypass Grafts (CABG) manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Coronary Artery Bypass Grafts (CABG) industry.
Global Coronary Artery Bypass Grafts (CABG) Market Segment By Type:
Saphenous Vein Grafts
Internal Thoracic Artery Grafts
Other
Global Coronary Artery Bypass Grafts (CABG) Market Segment By Application:
Traditional CABG
Nontraditional CABG
Competitive Landscape
It is important for every market participant to be familiar with the competitive scenario in the global Coronary Artery Bypass Grafts (CABG) industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.
Key companies operating in the global Coronary Artery Bypass Grafts (CABG) market include: Medtronic, Getinge Group, LivaNova, Terumo, Boston Scientific, Stryker, Edwards Lifesciences, Genesee Biomedical, Karl Storz GmbH
Key questions answered in the report:
What is the growth potential of the Coronary Artery Bypass Grafts (CABG) market?
Which product segment will grab a lion's share?
Which regional market will emerge as a frontrunner in the coming years?
Which application segment will grow at a robust rate?
What are the growth opportunities that may emerge in the Coronary Artery Bypass Grafts (CABG) industry in the years to come?
What are the key challenges that the global Coronary Artery Bypass Grafts (CABG) market may face in the future?
Which are the leading companies in the global Coronary Artery Bypass Grafts (CABG) market?
Which are the key trends positively impacting the market growth?
Which are the growth strategies considered by the players to sustain their hold in the global Coronary Artery Bypass Grafts (CABG) market?
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