(PharmaNewsWire.Com, July 06, 2019 ) "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.
Scope of the Report: 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 2024. 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. North America enjoys largest revenue market share in the world, with a revenue market share nearly 38.2% in 2018. Following North America, Europe is the second largest place with the revenue market share of 34.2%. Improved health care infrastructure and rise in awareness regarding cardiovascular diseases and its treatment drive the market in Europe and North America. The countries of rest of the world have a great potential for coronary artery bypass grafts market due to increasing incidence of cardiovascular diseases and also due to advancement in the technology. Market competition is intense. Medtronic, Getinge Group, LivaNova, Terumo, Boston Scientific, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers. The global Coronary Artery Bypass Grafts (CABG) market is valued at 114.2 million USD in 2018 and is expected to reach 147.1 million USD by the end of 2024, growing at a CAGR of 5.2% between 2019 and 2024. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Coronary Artery Bypass Grafts (CABG). Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%. This report studies the Coronary Artery Bypass Grafts (CABG) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Coronary Artery Bypass Grafts (CABG) market by product type and applications/end industries.
Market Segment by Companies, this report covers Medtronic Getinge Group LivaNova Terumo Boston Scientific Stryker Edwards Lifesciences Genesee Biomedical Karl Storz GmbH
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Saphenous Vein Grafts Internal Thoracic Artery Grafts Other
Market Segment by Applications, can be divided into Traditional CABG Nontraditional CABG
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