Coronary Artery Bypass Graft Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033

LONDON, GREATER LONDON , UK, August 5, 2024 /EINPresswire.com/ -- The coronary artery bypass graft market has experienced robust growth in recent years, expanding from $11.45 billion in 2023 to $12.5 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to aging population, healthcare infrastructure growth, rising cardiovascular diseases, awareness campaigns, insurance coverage.

Strong Future Growth Anticipated
The coronary artery bypass graft market is projected to continue its strong growth, reaching $17.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to ambulatory surgery centers (ASCS) growth, digital health integration, telemedicine growth, remote patient monitoring devices, patient-centric approaches.

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Growth Driver Of The Coronary Artery Bypass Graft Market
The increasing geriatric population is expected to drive the growth of the coronary artery bypass graft market going forward. The geriatric population refers to the segment of a society composed of individuals who are elderly or of advanced age. Coronary artery bypass graft (CABG) surgery is a major procedure to treat severe coronary artery disease (CAD) in the geriatric population. It involves bypassing blocked or narrowed arteries in the heart with healthy blood vessels from other parts of the body, restoring blood flow to the heart muscle and improving its function.

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Coronary Artery Bypass Graft Market Major Players And Market Trends
Key players in the coronary artery bypass graft market include MicroPort Scientific Corporation, CryoLife Inc., Johnson & Johnson Co, Abbott Laboratories, Medtronic PLC, Stryker Corporation.

Strategic collaboration is a key trend gaining popularity in the coronary artery bypass graft market. Major companies operating in the coronary artery bypass graft market are focused on a strategic collaboration to strengthen their position and gain a competitive advantage.

Coronary Artery Bypass Graft Market Segments:
1) By Procedure: Single Coronary Artery Bypass Graft (CABG) Surgery, Double Coronary Artery Bypass Graft (CABG) Surgery, Triple Coronary Artery Bypass Graft (CABG) Surgery, Quadruple Coronary Artery Bypass Graft (CABG) Surgery, Other Procedures
2) By Method: Off-pump, On-pump
3) By End-Use: Hospitals, Cardiology Clinics, Research Institutes, Other End-Users

Geographical Insights: North America Leading The Market
North America was the largest region in the coronary artery bypass graft market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the coronary artery bypass graft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Coronary Artery Bypass Graft Market Definition
A coronary artery bypass graft (CABG) is a surgical intervention to treat coronary artery disease. This procedure is conducted when the coronary arteries, responsible for delivering blood to the heart, become constricted or obstructed, potentially causing angina or a heart attack.

Coronary Artery Bypass Graft Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Coronary Artery Bypass Graft Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on coronary artery bypass graft market size, coronary artery bypass graft market drivers and trends, coronary artery bypass graft market major players, coronary artery bypass graft competitors' revenues, coronary artery bypass graft market positioning, and coronary artery bypass graft market growth across geographies. The coronary artery bypass graft market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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