Coronary artery bypass grafting Market by Investment Feasibility, Sales, Production, manufacturers, regions and cost structure and forecast to 2023
Coronary artery bypass grafting is a procedure that is performed on patients with coronary heart diseases. Heart Diseases are one of the leading causes of death for all people across the globe. Coronary heart diseases are caused by the build-up of an oily and sticky substance called plaque in the main arteries that carry oxygenated blood to the heart. There can be various causes for the build-up of plaque in the arteries but one of the most common reasons for the coronary heart disease is attributed to the unhealthy eating habits among the new generation today, with increasingly higher intake of junk food, fast food and oily food that has very high content of oil and cholesterol in them, which can be extremely harmful and can lead to obesity, kidney failure and heart diseases to name a few. The global Coronary Artery Bypass Graft (CABG) Market is expected to grow significantly during the forecast period owing to increasing geriatric population having high risk of acquiring cardiovascular disorders like myocardial infarction, and coronary artery disease and accessibility of technologically advanced products like Anastomosis Assist Devices (AAD) and Minimally Invasive Direct Coronary Artery Bypass (MIDCAB) is estimated to lucratively drive the growth of this market industry.
Coronary Artery Bypass Graft - Competitive Insights:
The leading players in the market are TERUMO CORPORATION, MAQUET Holding B.V. & Co.KG, Novadaq Technologies Inc., Medtronic and others. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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The Coronary Artery Bypass Graft (CABG) Market was worth USD 69.48 million in 2014 and is expected to reach approximately USD 115.01 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.76% during the forecast period.
Coronary Artery Bypass Graft - Industry Outlook and Trend Analysis:
Coronary artery bypass grafting (CABG) is a kind of sidestep medical procedure that is utilized to make another way for blood to stream to the heart. This is utilized for patients who have extreme coronary illness. CABG is the most well-known kind of open heart medical procedure in the United States. Deskbound way of life, tension, stress and high utilization of low quality nourishment are scratch reasons that causes cardiovascular sicknesses in people the world over. The market for coronary artery bypass graft is developing quickly. The credit of this high development can be given to expanding number of instances of cardiovascular infection which is the consequence of changing way of life alongside it increment in patient's awareness about this illness, related medical procedures and treatments.
The Coronary Artery Bypass Graft (CABG) Market is segmented as follows-
Coronary Artery Bypass Graft - By Type:
Saphenous Vein Grafts
Internal Thoracic Artery Grafts
Other Grafts
Coronary Artery Bypass Graft - By Surgical Procedure:
Single CABG Surgery
Double CABG Surgery
Triple CABG Surgery
Quadruple CABG Surgery
Coronary Artery Bypass Graft - By Technology:
On-Pump CABG
Off-Pump CABG
Coronary Artery Bypass Graft - By Technique:
Conventional Vessel Harvesting
Endoscopic Vessel Harvesting
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Coronary Artery Bypass Graft - Drivers & Restrains:
Ascend in predominance of cardiovascular ailments, for example, Coronary Artery Disease (CAD) or Coronary Heart disease (CHD), Myocardial Dead tissue (MI), hypertension, and fringe vascular infection, and presentation of innovatively propelled items are the key drivers anticipated that would support market development worldwide. Sedentary way of life, mental pressure, and utilization of low quality nourishment are the key purposes behind creating Cardiovascular Diseases (CVDs) in people around the globe. As indicated by the World Health Organization, CVDs add to the greatest number of death comprehensively. In 2012, about 17.5 million deaths were accounted for because of CVDs, speaking to 31.0% of the worldwide demise insights. Out of the 17.5 million deaths revealed, 7.4 million were inferable from CHD, and 6.7 million were because of stroke. The quantity of deaths is foreseen to reach more than 23.6 million by 2030.
Coronary Artery Bypass Graft - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Coronary Artery Bypass Graft - Regional Outlook and Trend Analysis:
North America is expected to witness considerable growth over the forecast period owing to the rising prevalence of CVDs and rapid changing of lifestyles. Asia Pacific additionally held a generous piece of the overall industry in 2016 because of rising number of CABG medical procedures in India and Japan combined with developing populace, and expanding understanding awareness about the maladies. Europe is foreseen to enrol a high CAGR similarly finished the figure time frame, attributable to the huge number of CABG medical procedures being performed in the locale.
Coronary Artery Bypass Graft - Table of Contents:
Introduction
Executive Summary
Market Overview
Market Analysis by Regions
Coronary Artery Bypass Graft (CABG) Market, By Technique
Coronary Artery Bypass Graft (CABG) Market, By Surgical Procedure
Coronary Artery Bypass Graft (CABG) Market, By Type
Coronary Artery Bypass Graft (CABG) Market, By Technology
Coronary Artery Bypass Graft (CABG) Market, By Region
Company Profiles
Global Coronary Artery Bypass Graft (CABG) Market Competition, by Manufacturer
Coronary Artery Bypass Graft (CABG) Market Forecast (2018-2023)
Coronary Artery Bypass Graft - Bypass Surgery:
The procedure is a long surgery and can take up to five hours or more depending on the number of blockages that a person has in his heart. It is performed by a graft procedure wherein a part of the vein from the thigh of a person is taken out surgically and used to remove the blockages in the heart. The symptoms may occur but the problem can lie dormant for a period of 10- 15 years. However, if the symptoms are ignored, then it can lead to a very severe situation that is beyond any scope of treatment. A bypass surgery can bring back normalcy into a person’s life, can improve the pumping function of the heart, and can help the patient to become more active than what they were before the surgery.
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