Coronary Artery Bypass Graft Market: Robust Growth Forecasted due to Rising Cardiovascular Diseases

Projecting a Compound Annual Growth Rate of 9.1% and a Market Size of $19.32 billion by 2029; Major Drivers Include Advanced Surgical Techniques and Telemedicine Integration

What Is The Projected Market Size Of The Global Coronary Artery Bypass Graft Market And Its Growth Rate?

• The coronary artery bypass graft market size was $12.58 billion in 2024, expected to grow to $13.66 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%.
• Growth in the historic period can be attributed to aging population, healthcare infrastructure growth, rising cardiovascular diseases, awareness campaigns, and insurance coverage.
• The market size is anticipated to escalate to $19.32 billion in 2029 at a compound annual growth rate(CAGR) of 9.1%.
• The growth in the forecast period can be attributed to factors like ambulatory surgery centers (ASCS) growth, digital health integration, telemedicine growth, remote patient monitoring devices, and patient-centric approaches.

What Is Driving The Growth In The Coronary Artery Bypass Graft Market?

Increased prevalence of cardiovascular diseases is leading to growth in the coronary artery bypass graft market. Cardiovascular disease (CVD), incorporating various heart and blood vessel ailments, require a coronary artery bypass graft (CABG) to minimize heart attack risks by creating a new pathway for blood flow around blocked or partially blocked arteries in the heart. For instance, a journal published by Oxford University Press in March 2023 revealed that by 2045, the percentage of people affected with peripheral artery diseases would rise by 50%. Thus, the increased prevalence of cardiovascular diseases propels the growth of the coronary artery bypass graft market.

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Who Are the Key Players Driving Coronary Artery Bypass Graft Market Growth?

Noteworthy contributors to the coronary artery bypass graft market include:

• CryoLife Inc.
• Johnson & Johnson Co
• Abbott Laboratories
• Medtronic plc
• Stryker Corporation
• Northwell Health
• Boston Scientific Corporation
• Penn Medicine
• Geisinger Health System Co
• Terumo Corporation
• Edwards Lifesciences Corporation
• Main Line Health Inc.
• Getinge AB

What Are The Key Trends In The Coronary Artery Bypass Graft Market?

Key trends in the forecast period include:

• Advancements in surgical techniques
• Collaborative research
• Robotics in surgery
• Biodegradable implants
• AI for diagnostic purposes
• Virtual reality training for surgeons

What Are The Segments Of The Global Coronary Artery Bypass Graft Market?

The market is segmented by:

1) Procedure: Single CABG Surgery, Double CABG Surgery, Triple CABG Surgery, Quadruple CABG Surgery, Other Procedures
2) Method: Off-pump, On-pump
3) End-Use: Hospitals, Cardiology Clinics, Research Institutes, Other End-Users

Which Region Leads The Coronary Artery Bypass Graft Market?

North America was the largest region in the coronary artery bypass graft market in 2024. Futhermore, Asia-Pacific is expected to showcase the fastest growth during the forecast period. The coronary artery bypass graft market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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What Is Covered In The Coronary Artery Bypass Graft Market Global Market Report?

- Market Size Analysis: Analyze the Coronary Artery Bypass Graft Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Coronary Artery Bypass Graft Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Coronary Artery Bypass Graft Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Coronary Artery Bypass Graft Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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