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Coronary Artery Bypass Graft Market Trends

Report ID: GMI8564 Published Date: November 2024Report Format: PDF
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Summary
Table of Content

Coronary Artery Bypass Graft Market Trends

  • Minimally invasive CABG techniques, including robotic-assisted surgeries, are gaining popularity due to shorter recovery times, reduced hospital stays, and lower risk of complications. Robotic and endoscopic-assisted CABG procedures are becoming more common among patients and surgeons for their precision and effectiveness.
  • According to UCSF Health, minimally invasive CABG procedures have shown a significant reduction in hospital stay duration and shorter recovery time compared to traditional open-heart surgery. This trend towards less invasive techniques is likely to continue as technology advances and surgical expertise grows.
  • Additionally, hybrid revascularization procedures, combining CABG with percutaneous coronary interventions (PCI), are emerging as an effective approach for treating complex coronary artery disease. This method allows for improved treatment of multi-vessel disease by integrating the benefits of both surgical and non-surgical techniques, resulting in better patient outcomes.
  • Furthermore, off-pump coronary artery bypass (OPCAB), which avoids the use of a heart-lung machine, is increasingly preferred as it reduces complications associated with on-pump procedures, such as bleeding and cognitive dysfunction. OPCAB is particularly suitable for high-risk patients and offers benefits including reduced post-operative recovery time.
Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Why is the traditional (on-pump) CABG method dominating the market?+

The traditional (on-pump) CABG segment dominated the market with a 55.1% revenue share in 2023, due to its established efficacy and widespread adoption in surgical practices.

What trends are influencing the U.S. coronary artery bypass graft market growth?+

The U.S. coronary artery bypass graft market surpassed USD 3.5 billion in 2023 and is expected to grow at a 6.7% CAGR through 2032, led by favorable reimbursement policies and advanced healthcare infrastructure.

What is the size of the grafts segment in the coronary artery bypass graft market?+

The grafts segment was valued at over USD 3.1 billion in 2023, as these are essential components in CABG procedures.

How big is the coronary artery bypass graft market?+

The global market for coronary artery bypass graft was reached USD 11.8 billion in 2023 and is estimated to grow at a 7.1% CAGR from 2024 to 2032, driven by the increasing prevalence of cardiovascular diseases.

Who are the major players in the coronary artery bypass graft market?+

Key players in the industry include Abbott Laboratories, AngioDynamics, AtriCure, B. Braun Melsungen AG, Boston Scientific, Cardinal Health, CryoLife, Edwards Lifesciences, Johnson & Johnson, LivaNova, Medline Industries, Medtronic, Nipro Corporation, Stryker Corporation, and Terumo Corporation.

Coronary Artery Bypass Graft Market Scope

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