Coronary Artery Bypass Graft Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

What industry-specific factors are fueling the growth of the coronary artery bypass graft market?
The rise in cardiovascular diseases is anticipated to fuel the expansion of the coronary artery bypass graft market. Cardiovascular disease (CVD) comprises a wide range of heart and blood vessel conditions. A coronary artery bypass graft (CABG) is suggested to lessen the risk of heart attacks by creating a new route for blood to circulate around obstructed or partly blocked arteries in the heart. For example, a journal published by Oxford University Press, a UK based university press of the University of Oxford, noted in March 2023 that by 2045, there would be a 50% increase in the number of individuals affected by peripheral artery diseases. As such, the rising incidence of cardiovascular diseases contributes to the expansion of the coronary artery bypass graft market.

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What Is the projected market size and growth rate for the coronary artery bypass graft market?
The market size of the coronary artery bypass graft has experienced robust growth in the past few years. It is projected to rise from $12.58 billion in 2024 to $13.66 billion in 2025, with a compound annual growth rate (CAGR) of 8.6%. The significant growth during the historical period can be credited to factors such as the aging population, expansion of healthcare infrastructure, increasing incidence of cardiovascular diseases, awareness initiatives, and insurance coverage.

Expectations are high for substantial growth in the coronary artery bypass graft market in the upcoming years. The market is predicted to reach $19.32 billion in 2029, with a compound annual growth rate (CAGR) of 9.1%. The forecasted growth is linked to the expansion of ambulatory surgery centers (ASCS), the incorporation of digital health, telemedicine development, the application of remote patient monitoring devices, and patient-focused strategies. Prominent trends during this period include the progression in surgical methods, cooperative investigation, the use of robotics in surgery, the application of biodegradable implants, AI in diagnostics, and the use of virtual reality for surgical training.

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What are the most significant trends transforming the coronary artery bypass graft market today?
One significant trend gaining traction in the coronary artery bypass graft market is strategic collaboration. To fortify their standing and build competitive edge, key companies in the market are increasingly focusing on strategic partnerships. An example of this was seen in July 2022 when Medtronic PLC, a medical device company from the US, entered into a collaboration with CathWorks, a medical equipment manufacturer from Israel. As part of the deal, Medtronic pledged an investment of up to $75 million in CathWorks and agreed to a joint promotion of the latter's FFRangio System in regions such as the United States, Japan, and Europe.

What major market segments define the scope and growth of the coronary artery bypass graft market?
The coronary artery bypass graft market covered in this report is segmented -

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

Subsegments:
1) By Single Coronary Artery Bypass Graft (CABG) Surgery: Left Internal Mammary Artery (LIMA) To Left Anterior Descending Artery (LAD), Other Single Graft Procedures
2) By Double Coronary Artery Bypass Graft (CABG) Surgery: LIMA To LAD and Another Artery, Other Combinations Of Two Arteries
3) By Triple Coronary Artery Bypass Graft (CABG) Surgery: LIMA To LAD And Two Other Arteries, Other Combinations Of Three Arteries
4) By Quadruple Coronary Artery Bypass Graft (CABG) Surgery: LIMA To LAD And Three Other Arteries, Other Combinations Of Four Arteries
5) By Other Procedures: Off-Pump CABG, Minimally Invasive CABG, Hybrid Procedures

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Which region dominates the coronary artery bypass graft market?
North America was the largest region in the coronary artery bypass graft market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coronary artery bypass graft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the coronary artery bypass graft industry growth?
Major companies operating in 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, Teleflex Incorporated, W. L. Gore & Associates Inc., Guidant Group, LivaNova PLC, AtriCure Inc., Peter Surgical, Cardiva Medical Inc., Genesee Biomedical Inc., Dextera Surgical Inc., Cardica Inc., Maquet Holding B.V. & Co.KG, Vitalitec International Medizintechnik GmbH, Hancock Jaffe Laboratories.

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

• Market Size Forecast: Examine the coronary artery bypass graft market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the coronary artery bypass graft market for a structured understanding.
• Key Players Overview: Analyze major players in the coronary artery bypass graft market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the coronary artery bypass graft market.
• Segment Contributions: Evaluate how different segments drive overall growth in the coronary artery bypass graft market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the coronary artery bypass graft market.
• Industry Challenges: Identify potential risks and obstacles affecting the coronary artery bypass graft market.
• Competitive Landscape: Review strategic developments in the coronary artery bypass graft market, including expansions, agreements, and new product launches.

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