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Global Coronary Artery Bypass Graft Procedures Market: By Graft Type: Saphenous Vein Grafts, Internal Thoracic Artery Grafts; By Surgery Type: Single CABG Surgery, Double CABG Surgery, Triple CABG Surgery, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments

Global Coronary Artery Bypass Graft Procedures Market Outlook

The coronary artery bypass graft procedures market stood at a value of nearly USD 16.7 billion in 2020 and is expected to grow at a CAGR of 2.5% between 2021 and 2026.

 

Global Coronary Artery Bypass Graft Procedures Market

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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.

 

Global Coronary Artery Bypass Graft Procedures Market By Surgery Type

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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.

 

Global Coronary Artery Bypass Graft Procedures Market By Region

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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.

 

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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Graft Type, Surgery Type, Region
Breakup by Graft Type Saphenous Vein Grafts, Internal Thoracic Artery Grafts, Others
Breakup by Surgery Type Single CABG Surgery, Double CABG Surgery, Triple CABG Surgery, Quadruple CABG Surgery
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Boston Scientific Corporation, KARL STORZ GmbH & Co. KG;, Boston Scientific, MAQUET Holding B.V. & Co.KG, Ethicon US, LLC. (Johnson & Johnson), Genesee Biomedical Inc., Others
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.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Coronary Artery Bypass Graft Procedures Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Coronary Artery Bypass Graft Procedures Historical Market (2017-2021) 
    8.3    Global Coronary Artery Bypass Graft Procedures Market Forecast (2022-2027)
    8.4    Global Coronary Artery Bypass Graft Procedures Market by Graft Type
        8.4.1    Saphenous Vein Grafts
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Internal Thoracic Artery Grafts
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        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    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Double CABG Surgery  
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Triple CABG Surgery 
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Quadruple CABG Surgery  
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
    8.6    Global Coronary Artery Bypass Graft Procedures Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Spain
            9.2.3.6    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Boston Scientific Corporation  
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    KARL STORZ GmbH & Co. KG 
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Ethicon US, LLC. 
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Genesee Biomedical Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    MAQUET Holding B.V. & Co.KG
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Others
12    Industry Events and Developments


List of Key Figures and Tables

1.    Global Coronary Artery Bypass Graft Procedures Market: Key Industry Highlights, 2016 and 2026
2.    Global Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Graft Type (USD Million), 2017-2021
3.    Global Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Graft Type (USD Million), 2022-2027
4.    Global Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Surgery Type (USD Million), 2017-2021
5.    Global Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Surgery Type (USD Million), 2022-2027
6.    Global Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Region (USD Million), 2017-2021
7.    Global Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Region (USD Million), 2022-2027
8.    North America Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2017-2021
9.    North America Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Europe Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Europe Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Asia Pacific Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Asia Pacific Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Latin America Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Latin America Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Middle East and Africa Coronary Artery Bypass Graft Procedures Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Middle East and Africa Coronary Artery Bypass Graft Procedures Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Global Coronary Artery Bypass Graft Procedures Market Structure

Key Questions Answered in the Report

In 2020, the global coronary artery bypass graft procedures market attained a value of nearly USD 16.7 billion.

The market is estimated to grow at a CAGR of 2.5% between 2021 and 2026.

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 16.7 billion in 2020, 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 2021-2026, growing at a CAGR of 2.5%.

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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