Endoscopic Vessel Harvesting System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2031)

Endoscopic Vessel Harvesting System Market Snapshot: Insight into Market Trends and Movements

The Endoscopic Vessel Harvesting System is a minimally invasive technique for obtaining vessels, primarily for coronary artery bypass grafting procedures.

The Endoscopic Vessel Harvesting System market is experiencing significant growth due to advancements in surgical techniques and increasing adoption of minimally invasive procedures. Rising incidences of cardiovascular diseases are driving demand for effective surgical solutions, further enhancing market prospects. Technological innovations, such as improved imaging and surgical tools, are contributing to favorable outcomes and patient recovery, thereby gaining traction among healthcare professionals. Additionally, the growing preference for outpatient procedures is spurring investments in sophisticated endoscopic systems. Key players are focusing on expanding their product portfolios and enhancing the overall efficiency of these harvesting systems. The Endoscopic Vessel Harvesting System Market is projected to exhibit a robust CAGR of 7.00% during the forecast period, reflecting the promising opportunities and competitive landscape within the healthcare and surgical device industries.

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Endoscopic Vessel Harvesting System Market Opportunities and Challenges

Several factors may hinder the growth of the Endoscopic Vessel Harvesting System market, including high costs associated with advanced technologies, a limited number of trained professionals, and concerns regarding the complexity of procedures, which may deter some healthcare facilities from adoption. Additionally, regulatory hurdles and varying reimbursement policies can also pose challenges to market expansion. However, there are potential growth areas and emerging opportunities within the market. Increasing demand for minimally invasive procedures and advancements in surgical techniques provide a fertile ground for growth. Additionally, the rising prevalence of cardiovascular diseases and an aging population are likely to drive the need for effective harvesting solutions. Opportunities for innovation in product development, including enhanced visualization technologies and automated systems, could further boost market potential. Collaborations between manufacturers and healthcare providers may also facilitate a wider adoption of these systems, fostering growth in this evolving market.

Market Segmentation by Type, Application and Regional Insight

By Product Type:

• Disposable
• Reusable

The Endoscopic Vessel Harvesting System market comprises two primary types: disposable and reusable systems. Disposable systems are designed for single-use, ensuring enhanced sterility and minimizing infection risks. They offer convenience and reduced cleaning processes. In contrast, reusable systems are made for multiple uses, emphasizing cost-effectiveness and sustainability. These systems are cleaned and sterilized after each use, making them a cost-efficient option for facilities with high-volume procedures. The choice between these types depends on factors like operational needs, budget, and infection control protocols.

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By Application:

• Hospital
• Clinic
• Laboratory
• Others

The Endoscopic Vessel Harvesting System is utilized across various healthcare settings, including hospitals, clinics, laboratories, and more. In hospitals, it aids in minimally invasive procedures for cardiac surgeries, improving patient recovery. Clinics employ this technology for outpatient vascular access, enhancing efficiency. Laboratories leverage the harvested vessels for research and testing, advancing medical knowledge. Additionally, other institutions utilize these systems for training and educational purposes, promoting best practices in vessel harvesting techniques. Overall, the system significantly enhances surgical outcomes and patient care.

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Regional Market Landscape:

The Endoscopic Vessel Harvesting System Market demonstrates significant presence across:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


### North America: United States & Canada

The Endoscopic Vessel Harvesting System market in North America is estimated to be valued at approximately $150 million by 2023, growing at a CAGR of 6%. Key players include Medtronic, Terumo Cardiovascular Systems, and Edwards Lifesciences. Demand is driven by an increase in cardiovascular diseases and minimally invasive procedures. The U.S. and Canada benefit from advanced healthcare infrastructure and high awareness of innovative surgical techniques. Emerging trends include a shift toward robotic-assisted surgeries, creating new opportunities for advanced equipment integration.

### Europe: Germany, France, U.K., Italy, Russia

The European market for Endoscopic Vessel Harvesting Systems is projected to reach $120 million by 2023, with a CAGR of 5%. Leading companies such as Johnson & Johnson and Aesculap dominate the market. Regional factors include a growing elderly population and an increasing acceptance of minimally invasive techniques. The U.K. and Germany have strong healthcare policies fostering innovation and adoption, while Italy and France show rising demand due to improved patient outcomes. Opportunities lie in expanding training programs and collaboration with robotic surgery developers.

### Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia

The Asia-Pacific Endoscopic Vessel Harvesting System market is expected to grow significantly, reaching around $80 million by 2023, with a CAGR of 8%. Key players include Hitachi and Olympus Corporation. Demand is influenced by rapid healthcare infrastructure development, rising cardiovascular disease prevalence, and an aging population. China and India are notable for increasing healthcare investments, while Japan and South Korea are leaders in advanced technology uptake. Emerging trends include regional partnerships for technology transfer and training, providing growth opportunities.

### Latin America: Mexico, Brazil, Argentina, Colombia

The Latin American Endoscopic Vessel Harvesting System market is projected to reach $50 million by 2023, growing at a CAGR of 7%. Key players include Stryker Corporation and Terumo. Factors influencing demand include rising healthcare access and increased surgical procedures due to chronic diseases. Brazil and Mexico show significant growth potential due to improved healthcare policies and infrastructure. Opportunities exist in enhancing training for medical personnel and integrating local distributors to expand market reach.

### Middle East & Africa: Turkey, Saudi Arabia, UAE, South Africa

The Endoscopic Vessel Harvesting System market in the Middle East & Africa is anticipated to reach around $30 million by 2023, growing at a CAGR of 6%. Key players include Boston Scientific and Medtronic. Unique regional factors include investments in healthcare infrastructure and increased awareness of minimally invasive surgeries. The UAE and Saudi Arabia are leading growth due to their advanced healthcare systems. Emerging trends include government initiatives to promote cardiac care, providing opportunities for market expansion and innovation.

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Competitive Intelligence and Market Share Analysis:

The Endoscopic Vessel Harvesting (EVH) System market has seen significant growth, driven by the increasing prevalence of cardiovascular diseases and the rising demand for minimally invasive surgical techniques. Key players in this segment include Getinge, Saphena Medical, Terumo Cardiovascular Systems, Sorin Group, OLYMPUS, LivaNova, Med Europe, and CARDIO MEDICAL.

**Getinge** has established itself as a leader in surgical innovations with a diverse portfolio. In recent years, its focus on enhancing the efficiency and effectiveness of surgical procedures helped boost revenues, which reached approximately USD 1.5 billion in 2022.

**Saphena Medical**, a relatively newer entrant, specializes in its innovative device, the VENUS™ vessel harvesting platform. The company has experienced rapid growth, capitalizing on the shift toward less invasive procedures.

**Terumo Cardiovascular Systems** benefits from its global reach and extensive product offerings, which contributed to its overall sales of USD 2.4 billion in the fiscal year 2022. Their EVH systems are well-regarded for reliability and performance.

**Sorin Group**, now part of LivaNova, has a strong presence in the cardiopulmonary market. The combined entity has reported revenues exceeding USD 1.1 billion, with EVH systems playing a crucial role in their cardiac surgery division.

**OLYMPUS** maintains a strong foothold due to its advanced technology in endoscopic procedures. The company reported overall revenues of USD 9.1 billion in 2022, bolstered by its innovative EVH products.

**LivaNova**, with a focus on cardiac surgery, reported revenues around USD 1.2 billion, thanks to its diversified portfolio which includes vessel harvesting solutions.

Overall, the EVH market is poised for substantial growth, driven by technological advancements and a shift towards less invasive surgical options, with the aforementioned companies leading the charge.

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