Coronary Artery Bypass Graft Market Research Report- Global Forecast to 2027

Coronary Artery Bypass Graft Market Size, Trends and Growth Analysis by Type (off-pump, on-pump, minimally invasive direct CABG, endoscopic vein harvesting and others), by Procedure (single CABG surgery, double CABG surgery, triple CABG surgery, quadruple CABG surgery and others), by End User (hospitals, cardiology clinics, research institutes and others) - Forecast Till 2027

ID: MRFR/MED/1678-HCR | February 2021 | Region: Global | 80 pages

Synopsis of Coronary Artery Bypass Graft Market:


Coronary artery bypass grafting (CABG) is a type of bypass surgery that is used to create a new path for blood to flow to the heart. This is used for patients who have severe coronary heart disease. CABG is the most common type of open heart surgery in the United States. Deskbound lifestyle, anxiety, stress and high consumption of junk food are key reasons that causes cardiovascular diseases in individuals around the globe. The market for coronary artery bypass graft is growing rapidly. The credit of this high growth can be given to increasing number of cases of cardiovascular disease which is the result of changing lifestyle along with it increase in patient’s awareness about this disease, related surgeries and therapies.


The Coronary Artery Bypass Graft Market is expected to reach around USD 116 million by the end of the forecast period and is expected to grow at the CAGR of ~6.0%.


Key Players for Coronary Artery Bypass Graft Market:


Some of the key players in this market are: Hancock Jaffe Laboratories, Inc., Terumo Cardiovascular Systems Corporation, VasoPrep Surgical, Dextera Surgical Inc., Neograft Inc., NOVADAQ Technologies Inc., MAQUET Holding B.V. & Co. KG., Genesee BioMedical, Sorin Group, Edwards Lifesciences Corporation and others.


Segments:


Coronary artery bypass graft market has been segmented on the basis of type which comprises of off-pump, on-pump, minimally invasive direct CABG, endoscopic vein harvesting and others. On the basis of procedure; the market is segmented into single CABG surgery, double CABG surgery, triple CABG surgery, quadruple CABG surgery and others. On the basis of end users the market is segmented into hospitals, cardiology clinics, research institutes and others.

Study Objectives Coronary Artery Bypass Graft Market:



  • To provide detailed analysis of the coronary artery bypass graft market structure along with forecast for the next 7 years about  various segments and sub-segments of  this market.  

  • To provide insights about factors affecting the market growth.

  • To analyze the market based on price analysis, supply chain analysis, Porters Five Force analysis etc.

  • To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies including their states and countries; they are - Americas, Europe, Asia-Pacific and Middle East & Africa.

  • To provide country level analysis of the market with respect to the current market size and its future growth prospect.

  • To provide country level analysis of the market’s segments including by type, by procedure, by end user and other sub segments.

  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments.


Global Coronary Artery Bypass Graft Market, by Type, 2015 (%): Global Coronary Artery Bypass Graft Market, by Type, 2015


Intended Audience



  • Coronary artery bypass graft manufacturers

  • Coronary artery bypass graft suppliers

  • Private research laboratories

  • Research and development (R&D) companies

  • Market research and consulting service providers

  • Government research laboratories


Regional Analysis of Coronary Artery Bypass Graft Market:


Globally North America is the largest market for coronary artery bypass graft. The North American market for coronary artery bypass graft is growing with the CAGR of ~6.4% during the forecast period of 2016-2022. Europe is the second-largest market for coronary artery bypass graft. Asia pacific region is expected to be fastest growing region in coronary artery bypass graft market.


The report about Coronary Artery Bypass Graft Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of different markets segments and regions.



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Frequently Asked Questions (FAQ) :


coronary artery bypass graft market is projected grow at approximately 6% CAGR during the assessment period (2016-2022).

The valuation of the global coronary artery bypass graft market is estimated to increase to USD 116 MN by the end of 2022.

Increase in the number of cardiovascular disease cases, growing awareness about the disease and availability of treatments, strong encouragement from government, and increasing medical expenditure are the major tailwinds pushing the growth of the global coronary artery bypass graft market.

North America holds the largest share in the global coronary artery bypass graft market, followed by Europe and the Asia Pacific, respectively.

Terumo Cardiovascular Systems Corporation, Hancock Jaffe Laboratories, Inc., VasoPrep Surgical, Neograft Inc., Dextera Surgical Inc., NOVADAQ Technologies Inc., Genesee BioMedical, MAQUET Holding B.V. & Co. KG., Sorin Group, and Edwards Lifesciences Corporation, are some of the major players operating in the coronary artery bypass graft market.

Table of Contents

1 Introduction

1.1 Definition

1.2 Scope of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter’s five forces model

4.1.1 Bargaining Power of suppliers

4.1.2 Bargaining Power of Customer

4.1.3 Intensity of Competitor’s

4.1.4 Threat of New Entrants

5 Global Coronary Artery Bypass Graft Market, by Type

5.1 Introduction

5.1.1 Off-Pump

5.1.2 On-Pump

5.1.3 Minimally Invasive Direct CABG

5.1.4 Endoscopic Vein Harvesting

5.1.5 Others

6 Global Coronary Artery Bypass Graft Market, by Procedure

6.1 Introduction

6.1.1 Single CABG Surgery

6.1.2 Double CABG Surgery

6.1.3 Triple CABG Surgery

6.1.4 Quadruple CABG Surgery

6.1.5 Others

7 Global Coronary Artery Bypass Graft Market, by End User

7.1 Introduction

7.1.1 Hospitals

7.1.3 Cardiology Clinics

7.1.4 Research Institutes

7.1.5 Others

8 Global Coronary Artery Bypass Graft Market, by Regions

8.1 Introduction

8.1.1 Americas

8.1.1.1 North America

8.1.1.2 South America

8.1.2 Europe

8.1.2.1 Germany

8.1.2.2 France

8.1.2.3 UK

8.1.2.4 Italy

8.1.2.5 Spain

8.1.2.6 Rest of Europe

8.1.3 Asia Pacific

8.1.3.1 Japan

8.1.3.2 China

8.1.3.3 India

8.1.3.4 Republic of Korea

8.1.3.5 Rest of Asia Pacific

8.1.4 Middle East & Africa

9 Company Landscape

9.1 Introduction

9.1.1 Mergers Acquisitions

9.1.2 Collaborations

9.1.3 Release/New Product Launches

9.1.4 Other (Expansion, Updates, Partnership)

10 Company Profile

10.1 Dextera Surgical Inc.

10.1.1 Company Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financials

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.2 Edwards Lifesciences Corporation

10.2.1 Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financials

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 Genesee BioMedical

10.3.1 Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financials

10.3.4 Key Developments

10.3.5 SWOT Analysis

10.4 Hancock Jaffe Laboratories, Inc.

10.4.1 Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financials

10.4.4 Key Developments

10.4.5 SWOT Analysis

10.5 MAQUET Holding B.V. & Co. KG.

10.5.1 Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financials

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.6 Neograft Inc.

10.6.1 Overview

10.6.2 Product/Business Segment Overview

10.6.3 Financials

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.7 NOVADAQ Technologies Inc.

10.7.1 Overview

10.7.2 Product/Business Segment Overview

10.7.3 Financials

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Sorin Group

10.8.1 Overview

10.8.2 Product/Business Segment Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Terumo Cardiovascular Systems Corporation

10.9.1 Overview

10.9.2 Product/Business Segment Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 VasoPrep Surgical

10.10.1 Overview

10.10.2 Product/Business Segment Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 Scion Medical Technologies, LLC.

10.11.1 Others

11 Appendix

List of Tables

TABLE 1 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, 2020-2027 (USD MILLION)

TABLE 2 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY TYPE, 2020-2027 (USD MILLION)

TABLE 3 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY PROCEDURE, 2020-2027 (USD MILLION)

TABLE 4 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 5 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY REGION, 2020-2027 (USD MILLION)

List of Figures

FIGURE 1 RESEARCH PROCESS

FIGURE 2 PORTERS FIVE FORCES MODEL

FIGURE 3 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY TYPE

FIGURE 4 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY PROCEDURE

FIGURE 5 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY END USER

FIGURE 6 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET, BY REGION

FIGURE 7 GLOBAL CORONARY ARTERY BYPASS GRAFT MARKET: COMPANY SHARE ANALYSIS, 2020 (%)