Coronary Artery Bypass Graft Market Increasing Demand, Growth Analysis and Future Outlook by 2031


Posted October 30, 2024 by Tan8121

Global coronary artery bypass graft (CABG) market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024-2031).

 
Global coronary artery bypass graft (CABG) market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increase in cardiovascular disease cases. The cardiovascular illness is one of the main causes of mortalities worldwide, according to the WHO's 2021 factsheet. Almost 17.9 million mortalities occurred due toit in 2019, and 75.0% of cardiovascular disease mortalities take place in low- and middle-income nations. The demand for CABG devices has increased as a result of the development of new and improved CABG technologies, such as robotic-assisted systems. Furthermore, as the population ages, the prevalence of cardiovascular disease rises, creating a greater need for CABG surgeries and the related equipment, leading to the expansion of the market for CABG devices.

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As octogenarians have the highest prevalence of coronary artery disease and are the fastest-growing cohort, cardiothoracic surgeons are increasingly being directed to them for surgical revascularization. The possibility of unsuccessful surgery is one of the issues with operating on older individuals. Patients who are older or who have frail tissue are worried that they won't heal as well. The market will grow as a result of all of these particular elements.

Global Coronary Artery Bypass Graft Market Report Segment

By Technology

Off-pump CABG
On-pump CABG
Minimally Invasive Direct

By Surgical Procedures

Single CABG Surgery
Double CABG Surgery
Triple CABG Surgery
Quadruple CABG Surgery

End-Users

Hospitals
Cardiology Clinics

A full report of Coronary Artery Bypass Graft Market available @ https://www.omrglobal.com/industry-reports/coronary-artery-bypass-graft-market

Company Profiles

Boston Scientific Corp.
Edwards Lifesciences Corp.
Genesee Biomedical Inc.
Guidant Group
KARL STORZ GmbH & Co. KG
MAQUET Holding B.V. & Co.KG
Inc
Novadaq Technologies Inc.
Scanlan International
Sorin Group

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Last Updated October 30, 2024