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Global Coronary Artery Bypass Graft Procedures Market Size: By Graft Type: Saphenous Vein Grafts, Internal Thoracic Artery Grafts, Others; By Surgery Type: Single CABG Surgery, Double CABG Surgery, Triple CABG Surgery, Quadruple CABG Surgery; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Coronary Artery Bypass Graft Procedures Market Outlook
The coronary artery bypass graft procedures market stood at a value of nearly USD 18.59 billion in 2022 and is expected to grow at a CAGR of 2.7% between 2023 and 2032.
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Factors such as the increasing incidences of multiple cardiovascular disorders such as coronary heart disease (CHD), myocardial infarction, and strokes, combined with the increasing demand for minimally invasive surgery, promote the demand for coronary artery bypass graft (CABG) processes. In addition, owing to better patenting rates, long-term outcomes, technological advances, and increasing preference for internal thoracic artery grafting over saphenous vein grafting are expected to boost the market for CABG processes.
Properties and Applications
Coronary artery bypass grafting (CABG) refers to a procedure for improving low heart blood flow. It is performed when the arteries supplying blood to heart tissue, called coronary arteries, are narrowed or blocked.
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Coronary artery bypass graft procedures industry can be divided based on segments like graft type and surgery type. The industry can be divided based on its graft type as saphenous vein grafts and internal thoracic artery grafts, among others. The industry can be broadly categorised based on surgery type into:
- Single CABG Surgery
- Double CABG Surgery
- Triple CABG Surgery
- Quadruple CABG Surgery
The EMR report looks into the regional markets for coronary artery bypass graft procedures like North America, the Middle East and Africa, Latin America, Europe, and the Asia Pacific.
Market Analysis
Factors such as the increasing prevalence of various cardiovascular disorders such as coronary heart disease (CHD), myocardial infarction, and strokes coupled with the growing demand for minimally invasive surgery, promote the demand for coronary artery bypass graft (CABG) procedures. In addition, due to better patenting rates and long-term results, technological advances, and growing preference for internal thoracic artery grafting over saphenous vein grafting are anticipated to boost the market for CABG procedures. Increasing healthcare costs also increase the economic burden on uninsured patients as a result of which people move to developing countries where CABG surgery costs are low to get medical assistance. This, in turn, is boosting demand in the developing nations for medical tourism, further aiding the market growth. Some of the major factors driving demand for CABG procedures in emerging economies are the availability of benefits such as improved healthcare, low surgery costs, and better hospitality.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global coronary artery bypass graft procedures industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Boston Scientific Corporation (NYSE: BSX)
- KARL STORZ GmbH & Co. KG
- Boston Scientific
- MAQUET Holding B.V. & Co.KG
- Ethicon US, LLC. (Johnson & Johnson)
- Genesee Biomedical, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Graft Type |
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| Breakup by Surgery Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Coronary Artery Bypass Graft Procedures Market Analysis
8.1 Key Industry Highlights
8.2 Global Coronary Artery Bypass Graft Procedures Historical Market (2018-2023)
8.3 Global Coronary Artery Bypass Graft Procedures Market Forecast (2024-2032)
8.4 Global Coronary Artery Bypass Graft Procedures Market by Graft Type
8.4.1 Saphenous Vein Grafts
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Internal Thoracic Artery Grafts
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Coronary Artery Bypass Graft Procedures Market by Surgery Type
8.5.1 Single CABG Surgery
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Double CABG Surgery
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Triple CABG Surgery
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Quadruple CABG Surgery
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Coronary Artery Bypass Graft Procedures Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Coronary Artery Bypass Graft Procedures Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Coronary Artery Bypass Graft Procedures Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Spain
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Asia Pacific Coronary Artery Bypass Graft Procedures Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Coronary Artery Bypass Graft Procedures Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Coronary Artery Bypass Graft Procedures Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Boston Scientific Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 KARL STORZ GmbH & Co. KG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Ethicon US, LLC.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Genesee Biomedical Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 MAQUET Holding B.V. & Co.KG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Coronary Artery Bypass Graft Procedures Market: Key Industry Highlights, 2018 and 2032
2. Global Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Graft Type (USD Million), 2018-2023
3. Global Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Graft Type (USD Million), 2024-2032
4. Global Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Surgery Type (USD Million), 2018-2023
5. Global Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Surgery Type (USD Million), 2024-2032
6. Global Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Coronary Artery Bypass Graft Procedures Market Structure
Key Questions Answered in the Report
In 2023, the global coronary artery bypass graft procedures market attained a value of nearly USD 18.59 billion.
The market is estimated to grow at a CAGR of 2.7% between 2024 and 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the increasing cases of multiple cardiovascular diseases, rising healthcare expenditure, better patenting rates, technological advances, low surgery costs, and better hospitality.
The increasing inclination towards minimally invasive surgeries and increasing preference for internal thoracic artery grafting over saphenous vein grafting are the key trends guiding the growth of the industry.
Saphenous vein grafts and internal thoracic artery grafts, among others are the major graft types included in the market.
Single CABG surgery, double CABG surgery, triple CABG surgery, and quadruple CABG surgery are the different surgery types based on which the market is segmented.
The major players in the industry are Boston Scientific Corporation, KARL STORZ GmbH & Co. KG, Ethicon US, LLC., Genesee Biomedical Inc., and MAQUET Holding B.V. & Co.KG, among others.
Analyst Review
The global coronary artery bypass graft procedures market attained a value of USD 18.59 billion in 2023, driven by the increasing cases of multiple cardiovascular diseases. Aided by the, shifting focus on minimally invasive surgeries and technological advances, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 2.7%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on graft type, the market is divided into saphenous vein grafts and internal thoracic artery grafts, among others. On the basis of surgery type, the market is divided into single CABG surgery, double CABG surgery, triple CABG surgery, and quadruple CABG surgery. The major regional markets for coronary artery bypass graft procedures are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Boston Scientific Corporation, KARL STORZ GmbH & Co. KG, Ethicon US, LLC., Genesee Biomedical Inc., and MAQUET Holding B.V. & Co.KG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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