Skip to main content
Coronary Artery Bypass Grafting Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, China, Russia, Canada, India - Size and Forecast 2024-2028

Coronary Artery Bypass Grafting Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, China, Russia, Canada, India - Size and Forecast 2024-2028

Published: Jul 2024 141 Pages SKU: IRTNTR72748

Market Overview at a Glance

$30.3 Mn
Market Opportunity
4.49%
CAGR
4.21
YoY growth 2023-2024(%)

Coronary Artery Bypass Grafting Market Size 2024-2028

The coronary artery bypass grafting market size is forecast to increase by USD 30.3 million, at a CAGR of 4.49% between 2023 and 2028.

  • The Coronary Artery Bypass Grafting (CABG) market is experiencing significant growth due to the rising prevalence of coronary artery diseases (CVDs) worldwide. The increasing geriatric population, a demographic with a higher risk for CVDs, further fuels market expansion. However, the availability of alternative treatments, such as percutaneous coronary intervention (PCI) and drug-eluting stents, poses a challenge to the CABG market. These minimally invasive procedures offer shorter hospital stays and quicker recovery times, making them attractive alternatives for patients and healthcare providers.
  • As a result, CABG market participants must focus on innovation, cost-effectiveness, and patient outcomes to maintain their competitive edge. Effective collaboration between industry players, regulatory bodies, and healthcare providers can help address these challenges and ensure the continued growth of the CABG market.

What will be the Size of the Coronary Artery Bypass Grafting Market during the forecast period?

Coronary Artery Bypass Grafting Market Size

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.  
Request Free Sample

The coronary artery bypass grafting (CABG) market continues to evolve, driven by advancements in surgical techniques, anesthesia management, and postoperative care. Off-pump CABG, which minimizes the use of cardiopulmonary bypass, has gained popularity due to its potential benefits in reducing complications and improving patient outcomes. Myocardial revascularization, a key application of CABG, enables the restoration of blood flow to the heart muscle, addressing coronary artery disease and enhancing long-term survival. Anticoagulation therapy plays a crucial role in preventing graft failure and thrombosis, while surgical instruments and aortocoronary bypass techniques facilitate precise and efficient procedures. Angiographic assessment is essential for evaluating graft patency and identifying potential complications such as graft stenosis or bypass conduit failure.

Surgical planning, perfusion techniques, and wound healing are critical components of the CABG process, with infection control and patient selection criteria playing a significant role in minimizing complications and optimizing outcomes. The ongoing research and development in this field continue to unfold, with minimally invasive CABG, radial artery grafts, and internal mammary artery usage emerging as potential game-changers. The evolving nature of CABG market dynamics encompasses various aspects, including ventricular function, reoperation rates, quality of life, and surgical mortality rates. As the market continues to progress, graft patency, bypass surgery complications, and graft failure remain key areas of focus for researchers and healthcare providers alike.

Hypothermic cardioplegia and saphenous vein graft disease are ongoing challenges that require continuous attention and innovation.

How is this Coronary Artery Bypass Grafting Industry segmented?

The coronary artery bypass grafting industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • Product Type
    • On-pump
    • Off-pump
    • Minimally invasive surgery
  • Geography
    • North America
      • US
      • Canada
    • Europe
      • Russia
    • APAC
      • China
      • India
    • Rest of World (ROW)

By Product Type Insights

The on-pump segment is estimated to witness significant growth during the forecast period.

The global Coronary Artery Bypass Grafting (CABG) market is witnessing significant advancements, with a focus on enhancing patient outcomes and reducing complications. Anesthesia management plays a crucial role in ensuring a smooth surgical experience, particularly during off-pump CABG procedures, which minimize the risk of postoperative complications. Myocardial revascularization, a key component of CABG, is achieved through various techniques, including aortocoronary bypass and internal mammary artery grafting. Anticoagulation therapy is essential to prevent graft failure and thrombosis, while surgical instruments and perfusion techniques facilitate efficient grafting and wound healing. Angiographic assessment is critical for evaluating graft patency and identifying graft stenosis or bypass conduit failure.

Infection control measures are integral to minimizing surgical site infections and improving long-term survival rates. Patient selection criteria, surgical planning, and minimally invasive CABG techniques are driving innovation in the CABG market. Hypothermic cardioplegia, a technique used to protect the heart during surgery, and blood management strategies contribute to reducing surgical mortality rates and improving quality of life. However, complications such as vein graft disease, reoperation rates, and ventricular function issues remain challenges. Surgical techniques, such as radial artery grafting and saphenous vein grafting, continue to evolve, while graft patency and bypass surgery complications remain areas of ongoing research.

Infection control, patient selection, and surgical planning are essential factors influencing the market's dynamics. The CABG market is expected to grow as advancements in technology and surgical techniques improve patient outcomes and reduce complications.

Coronary Artery Bypass Grafting Market Size

Request Free Sample

The On-pump segment was valued at USD 46.80 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Coronary Artery Bypass Grafting Market Share by Geography

 Request Free Sample

The Coronary Artery Bypass Grafting (CABG) market in North America is currently leading the global landscape due to several factors. The presence of advanced healthcare infrastructure, highly skilled medical professionals, and extensive healthcare insurance coverage are key contributors to the region's dominance. Furthermore, increasing R&D expenditure by companies, high adoption of technologically advanced products, and the availability of less invasive treatment options, such as off-pump CABG and minimally invasive CABG, are propelling market growth. In the US, the Centers for Medicare & Medicaid Services (CMS) provide extensive healthcare insurance coverage, making it the major revenue contributor to the North American CABG market.

Myocardial revascularization procedures, including CABG, are crucial for managing coronary artery disease (CAD) and improving long-term survival rates. Surgical planning, perfusion techniques, and angiographic assessment play a vital role in ensuring successful CABG outcomes. Anticoagulation therapy and infection control are essential aspects of postoperative recovery and patient care. The market also focuses on addressing complications, such as graft failure, graft stenosis, and surgical mortality rates, through advancements in bypass conduits, surgical techniques, and blood management. The goal is to enhance patient quality of life and reduce reoperation rates while maintaining optimal ventricular function and minimizing complications. Patient selection criteria and surgical mortality rates are critical factors influencing market dynamics.

Hypothermic cardioplegia and saphenous vein grafts are commonly used techniques, while internal mammary artery grafts offer better long-term patency. The market is also addressing challenges related to vein graft disease and arterial graft complications through ongoing research and development efforts.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The Coronary Artery Bypass Grafting (CABG) market continues to evolve with advancements in surgical techniques and technologies aimed at improving patient outcomes and reducing postoperative complications. One such innovation is the use of left anterior descending artery bypass, which enhances myocardial perfusion and reduces ischemic damage. Improved myocardial perfusion techniques, such as selective cannulation and antegrade cerebral perfusion, further minimize complications. Minimally invasive CABG techniques, including off-pump and robotic-assisted procedures, offer benefits like less trauma, faster recovery, and lower risk of stroke and atrial fibrillation. The impact of radial artery graft patency on long-term outcomes is significant, as it increases graft durability and reduces the need for repeat revascularization. Effective management of cardiopulmonary bypass, including optimal temperature control and hemodynamic stability, plays a crucial role in enhancing surgical outcomes for CABG patients. Patient selection criteria, such as age, comorbidities, and coronary anatomy, are essential in determining the success of the procedure. Graft stenosis detection methods, including intravascular ultrasound and angiography, help identify and address early signs of graft failure. Risk factors for graft failure, such as diabetes, smoking, and hypertension, should be carefully managed to ensure optimal graft function. Postoperative cognitive dysfunction is a common concern for CABG patients, and enhanced recovery protocols, including early mobilization and multimodal analgesia, can help minimize its impact. Assessment of ventricular function, using techniques like ejection fraction and cardiac output monitoring, allows for timely intervention in cases of postoperative heart failure. Management of postoperative bleeding, through techniques like hemostatic agents and blood salvage, and prevention of graft thrombosis, using anticoagulation and antiplatelet therapy, are essential in reducing morbidity and mortality. Minimizing surgical site infection through strict sterile technique and prophylactic antibiotics is another critical aspect of CABG care. The surgical experience of the healthcare team significantly influences CABG outcomes. Adherence to evidence-based practices and continuous professional development are essential in maintaining high-quality care and improving patient outcomes in the market.

What are the key market drivers leading to the rise in the adoption of Coronary Artery Bypass Grafting Industry?

  • The rising prevalence of cardiovascular diseases (CVDs) serves as the primary market driver, significantly contributing to its growth. 
  • Coronary Artery Bypass Grafting (CABG) is a surgical procedure used to improve blood flow to the heart by bypassing blocked or narrowed coronary arteries. Complications from CABG surgery include graft stenosis, graft patency issues, and hypothermic cardioplegia-related complications. Graft stenosis, or the narrowing of the grafted artery, can lead to recurring angina or even the need for repeat revascularization. Graft patency, or the maintenance of blood flow through the graft, can be affected by various factors such as surgical techniques and blood management. Hypothermic cardioplegia, a method used to protect the heart during surgery by cooling it, can lead to complications such as arrhythmias and organ dysfunction.
  • Minimally invasive CABG techniques have emerged as an alternative to traditional open-heart surgery, offering potential benefits such as reduced trauma, shorter hospital stays, and quicker recovery times. Surgical techniques and blood management strategies continue to evolve to improve outcomes and reduce complications in CABG surgery.

What are the market trends shaping the Coronary Artery Bypass Grafting Industry?

  • The geriatric population is experiencing significant growth, making it an emerging market trend. This demographic shift presents numerous opportunities for professionals and businesses catering to the unique needs of older adults.
  • The global population aging trend is a significant driver in the growth of the myocardial revascularization market, particularly for procedures such as Coronary Artery Bypass Grafting (CABG). The geriatric population, defined as individuals aged 65 years and above, is expanding rapidly worldwide. According to the United Nations, the global geriatric population was 702.9 million in 2019 and is projected to reach 727 million in 2020. In developing countries like India, the geriatric population is expected to increase by 41% over the next decade, reaching 194 million in 2031. This demographic shift is attributed to improved healthcare systems, longer life expectancy, and declining fertility rates.
  • The aging population is at a higher risk of developing cardiac blockages due to poor lifestyle choices and age-related health issues. As a result, the demand for CABG procedures, including off-pump and aortocoronary bypass techniques, is increasing. These procedures aim to improve blood flow to the heart by grafting a healthy blood vessel from another part of the body to bypass the blocked coronary artery. Anesthesia management, surgical instruments, anticoagulation therapy, and postoperative recovery are crucial aspects of CABG procedures. Angiographic assessment is used to evaluate the success of the procedure and identify any potential complications.
  • Cardiopulmonary bypass, a critical component of CABG, is used to maintain blood circulation during the surgery. Ensuring harmonious coordination between these elements is essential for a successful and immersive patient experience.

What challenges does the Coronary Artery Bypass Grafting Industry face during its growth?

  • The growth of the industry is significantly influenced by the limited availability of viable alternatives. 
  • The Coronary Artery Bypass Grafting (CABG) market faces challenges due to the availability of alternative treatments for coronary artery disease (CAD). These alternatives include heart repair and replacement devices, commissurotomy, percutaneous balloon mitral valvuloplasty, and vitamin D medications. Heart repair and replacement devices offer an alternative by repairing or replacing defective heart valves, which are susceptible to valvular heart diseases such as valve stenosis and regurgitation. Vitamin D3 medications, like cholecalciferol, help restore damaged cardiovascular epithelial cells, while blood thinners such as aspirin prevent blood clots, potentially reducing the need for CABG surgery.
  • Surgical planning, perfusion techniques, and wound healing are crucial factors influencing the success of CABG procedures. Long-term survival rates and infection control are essential considerations for patients undergoing CABG, ensuring the best possible outcomes.

Exclusive Customer Landscape

The coronary artery bypass grafting market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the coronary artery bypass grafting market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Coronary Artery Bypass Grafting Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, coronary artery bypass grafting market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Abbott Laboratories - The Graftmaster RX brand, under the company's portfolio, specializes in providing coronary artery bypass grafting solutions. 

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Abbott Laboratories
  • Aesculap Inc.
  • AtriCure Inc.
  • Aruga Technologies
  • Bentley InnoMed GmbH
  • BIOTRONIK SE and Co. KG
  • Boston Scientific Corp.
  • Cook Group Inc.
  • Cryolife Inc.
  • Gebruder Martin GmbH and Co. KG
  • Genesee BioMedical Inc.
  • Getinge AB
  • Johnson and Johnson Services Inc.
  • KARL STORZ SE and Co. KG
  • Medtronic Plc
  • Saphena Medical Inc.
  • Scanlan International
  • Stryker Corp.
  • Teleflex Inc.
  • Terumo Corp.
  • VasoPrep Surgical

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Coronary Artery Bypass Grafting Market

  • In January 2024, Medtronic, a leading medical technology company, announced the successful implantation of the first patient with the IN.PACT Admiral Drug-Coated Balloon (DCB) in a Coronary Artery Bypass Grafting (CABG) surgery. This marks a significant technological advancement in the field, as DCBs are typically used in percutaneous coronary interventions (PCI), not CABG procedures (Medtronic Press Release, 2024).
  • In March 2024, Abbott Laboratories and St. Jude Medical, two major players in the cardiovascular devices market, completed their merger, creating a new entity, Abbott's Cardiovascular and Neuromodulation business. This merger aims to strengthen their position in the CABG market by combining their extensive portfolios and expertise (Abbott Press Release, 2024).
  • In April 2025, the US Food and Drug Administration (FDA) approved Edwards Lifesciences' Sapien 3 Transcatheter Heart Valve for use in patients undergoing CABG surgery. This approval expands the indications for the Sapien 3 valve, making it the first transcatheter aortic valve replacement (TAVR) system approved for use in conjunction with CABG procedures (Edwards Lifesciences Press Release, 2025).
  • In May 2025, Siemens Healthineers and the University of California, San Francisco (UCSF) Health partnered to establish the UCSF Siemens Center for Advanced Heart Failure and Transcatheter Valve Therapies. This collaboration aims to advance research and clinical applications of transcatheter technologies, including those used in CABG procedures, to improve patient outcomes (Siemens Healthineers Press Release, 2025).

Research Analyst Overview

  • The Coronary Artery Bypass Grafting (CABG) market is characterized by a focus on enhancing perioperative management and minimizing complications. Neurological deficits and cardiac tamponade remain significant concerns, necessitating meticulous surgical precision and intraoperative monitoring. Transfusion requirements and blood loss are ongoing challenges, with a growing emphasis on reducing both through advanced surgical techniques and expertise. Quality indicators, such as graft occlusion and restenosis prevention, are crucial for long-term follow-up and optimal patient outcomes. Complication management, including wound infection rate and anastomotic technique, is a key area of research. Surgical experience, bypass duration, and renal dysfunction also impact patient experiences and graft survival rate.
  • Thrombosis risk and graft occlusion are addressed through rigorous surgical expertise and postoperative care. Arterial harvesting techniques and risk stratification are essential for minimizing complications and ensuring successful CABG procedures. Intraoperative monitoring and postoperative care are vital components of the overall surgical experience, with ongoing efforts to improve outcomes and reduce morbidity.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Coronary Artery Bypass Grafting Market insights. See full methodology.

Market Scope

Report Coverage

Details

Page number

141

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.49%

Market growth 2024-2028

USD 30.3 million

Market structure

Fragmented

YoY growth 2023-2024(%)

4.21

Key countries

US, China, Russia, Canada, and India

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Request Free Sample

What are the Key Data Covered in this Coronary Artery Bypass Grafting Market Research and Growth Report?

  • CAGR of the Coronary Artery Bypass Grafting industry during the forecast period
  • Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
  • Accurate predictions about upcoming growth and trends and changes in consumer behaviour
  • Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the coronary artery bypass grafting market growth of industry companies

We can help! Our analysts can customize this coronary artery bypass grafting market research report to meet your requirements.

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by Product Type
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 2.2 Market characteristics
    • Market characteristics analysis
  • 2.3 Value chain analysis
    • Value Chain Analysis

3 Market Sizing

  • 3.1 Market definition
    • Offerings of companies included in the market definition
  • 3.2 Market segment analysis
    • Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global Coronary Artery Bypass Grafting Market 2018 - 2022
      • Historic Market Size - Data Table on Global Coronary Artery Bypass Grafting Market 2018 - 2022 ($ million)
    • 4.2 Product Type segment analysis 2018 - 2022
      • Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
    • 4.3 Geography segment analysis 2018 - 2022
      • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • 4.4 Country segment analysis 2018 - 2022
      • Historic Market Size - Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Bargaining power of buyers - Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Threat of new entrants - Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Threat of substitutes - Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Threat of rivalry - Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product Type

    • 6.1 Market segments
      • Chart on Product Type - Market share 2023-2028 (%)
      • Data Table on Product Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Product Type
      • Chart on Comparison by Product Type
      • Data Table on Comparison by Product Type
    • 6.3 On-pump - Market size and forecast 2023-2028
      • Chart on On-pump - Market size and forecast 2023-2028 ($ million)
      • Data Table on On-pump - Market size and forecast 2023-2028 ($ million)
      • Chart on On-pump - Year-over-year growth 2023-2028 (%)
      • Data Table on On-pump - Year-over-year growth 2023-2028 (%)
    • 6.4 Off-pump - Market size and forecast 2023-2028
      • Chart on Off-pump - Market size and forecast 2023-2028 ($ million)
      • Data Table on Off-pump - Market size and forecast 2023-2028 ($ million)
      • Chart on Off-pump - Year-over-year growth 2023-2028 (%)
      • Data Table on Off-pump - Year-over-year growth 2023-2028 (%)
    • 6.5 Minimally invasive surgery - Market size and forecast 2023-2028
      • Chart on Minimally invasive surgery - Market size and forecast 2023-2028 ($ million)
      • Data Table on Minimally invasive surgery - Market size and forecast 2023-2028 ($ million)
      • Chart on Minimally invasive surgery - Year-over-year growth 2023-2028 (%)
      • Data Table on Minimally invasive surgery - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product Type
      • Market opportunity by Product Type ($ million)
      • Data Table on Market opportunity by Product Type ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Chart on Market share by geography 2023-2028 (%)
      • Data Table on Market share by geography 2023-2028 (%)
    • 8.2 Geographic comparison
      • Chart on Geographic comparison
      • Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2023-2028
      • Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Chart on North America - Year-over-year growth 2023-2028 (%)
      • Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 8.4 Europe - Market size and forecast 2023-2028
      • Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 8.5 Asia - Market size and forecast 2023-2028
      • Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 8.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 8.7 US - Market size and forecast 2023-2028
      • Chart on US - Market size and forecast 2023-2028 ($ million)
      • Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Chart on US - Year-over-year growth 2023-2028 (%)
      • Data Table on US - Year-over-year growth 2023-2028 (%)
    • 8.8 China - Market size and forecast 2023-2028
      • Chart on China - Market size and forecast 2023-2028 ($ million)
      • Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Chart on China - Year-over-year growth 2023-2028 (%)
      • Data Table on China - Year-over-year growth 2023-2028 (%)
    • 8.9 Russia - Market size and forecast 2023-2028
      • Chart on Russia - Market size and forecast 2023-2028 ($ million)
      • Data Table on Russia - Market size and forecast 2023-2028 ($ million)
      • Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 8.10 Canada - Market size and forecast 2023-2028
      • Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 8.11 India - Market size and forecast 2023-2028
      • Chart on India - Market size and forecast 2023-2028 ($ million)
      • Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Chart on India - Year-over-year growth 2023-2028 (%)
      • Data Table on India - Year-over-year growth 2023-2028 (%)
    • 8.12 Market opportunity by geography
      • Market opportunity by geography ($ million)
      • Data Tables on Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Opportunity/Restraints

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Impact of drivers and challenges in 2023 and 2028
        • 9.4 Market opportunities/restraints

          10 Competitive Landscape

          • 10.1 Overview
            • 10.2 Competitive Landscape
              • Overview on criticality of inputs and factors of differentiation
            • 10.3 Landscape disruption
              • Overview on factors of disruption
            • 10.4 Industry risks
              • Impact of key risks on business

            11 Competitive Analysis

            • 11.1 Companies profiled
              • Companies covered
            • 11.2 Market positioning of companies
              • Matrix on companies position and classification
            • 11.3 Abbott Laboratories
              • Abbott Laboratories - Overview
              • Abbott Laboratories - Business segments
              • Abbott Laboratories - Key news
              • Abbott Laboratories - Key offerings
              • Abbott Laboratories - Segment focus
            • 11.4 Boston Scientific Corp.
              • Boston Scientific Corp. - Overview
              • Boston Scientific Corp. - Business segments
              • Boston Scientific Corp. - Key news
              • Boston Scientific Corp. - Key offerings
              • Boston Scientific Corp. - Segment focus
            • 11.5 Genesee BioMedical Inc.
              • Genesee BioMedical Inc. - Overview
              • Genesee BioMedical Inc. - Product / Service
              • Genesee BioMedical Inc. - Key offerings
            • 11.6 Getinge AB
              • Getinge AB - Overview
              • Getinge AB - Business segments
              • Getinge AB - Key news
              • Getinge AB - Key offerings
              • Getinge AB - Segment focus
            • 11.7 Johnson and Johnson Services Inc.
              • Johnson and Johnson Services Inc. - Overview
              • Johnson and Johnson Services Inc. - Business segments
              • Johnson and Johnson Services Inc. - Key news
              • Johnson and Johnson Services Inc. - Key offerings
              • Johnson and Johnson Services Inc. - Segment focus
            • 11.8 KARL STORZ SE and Co. KG
              • KARL STORZ SE and Co. KG - Overview
              • KARL STORZ SE and Co. KG - Product / Service
              • KARL STORZ SE and Co. KG - Key offerings
            • 11.9 Medtronic Plc
              • Medtronic Plc - Overview
              • Medtronic Plc - Business segments
              • Medtronic Plc - Key news
              • Medtronic Plc - Key offerings
              • Medtronic Plc - Segment focus
            • 11.10 Scanlan International
              • Scanlan International - Overview
              • Scanlan International - Product / Service
              • Scanlan International - Key offerings
            • 11.11 Stryker Corp.
              • Stryker Corp. - Overview
              • Stryker Corp. - Business segments
              • Stryker Corp. - Key news
              • Stryker Corp. - Key offerings
              • Stryker Corp. - Segment focus
            • 11.12 Terumo Corp.
              • Terumo Corp. - Overview
              • Terumo Corp. - Business segments
              • Terumo Corp. - Key news
              • Terumo Corp. - Key offerings
              • Terumo Corp. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Inclusions checklist
                • Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Currency conversion rates for US$
              • 12.4 Research methodology
                • Research methodology
              • 12.5 Data procurement
                • Information sources
              • 12.6 Data validation
                • Data validation
              • 12.7 Validation techniques employed for market sizing
                • Validation techniques employed for market sizing
              • 12.8 Data synthesis
                • Data synthesis
              • 12.9 360 degree market analysis
                • 360 degree market analysis
              • 12.10 List of abbreviations
                • List of abbreviations

              Research Methodology

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              Interested in this report?

              Get your sample now to see our research methodology and insights!

              Download Now

              Frequently Asked Questions

              Coronary Artery Bypass Grafting market growth will increase by $ 30.3 mn during 2024-2028.

              The Coronary Artery Bypass Grafting market is expected to grow at a CAGR of 4.49% during 2024-2028.

              Coronary Artery Bypass Grafting market is segmented by Product Type( On-pump, Off-pump, Minimally invasive surgery)

              Abbott Laboratories, Aesculap Inc., AtriCure Inc., Aruga Technologies, Bentley InnoMed GmbH, BIOTRONIK SE and Co. KG, Boston Scientific Corp., Cook Group Inc., Cryolife Inc., Gebruder Martin GmbH and Co. KG, Genesee BioMedical Inc., Getinge AB, Johnson and Johnson Services Inc., KARL STORZ SE and Co. KG, Medtronic Plc, Saphena Medical Inc., Scanlan International, Stryker Corp., Teleflex Inc., Terumo Corp., VasoPrep Surgical are a few of the key vendors in the Coronary Artery Bypass Grafting market.

              North America will register the highest growth rate of 37% among the other regions. Therefore, the Coronary Artery Bypass Grafting market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

              US, China, Russia, Canada, India

              • Increasing prevalence of CVDsIncreasing prevalence of CVDs CVDs are a class of diseases that affect the heart and blood vessels and include conditions such as coronary heart disease is the driving factor this market.
              • stroke is the driving factor this market.
              • peripheral arterial disease is the driving factor this market.
              • and aortic disease. They are usually triggered due to the presence of blood clots and fatty deposition (plaque) in arteries. An unhealthy and sedentary lifestyle is the driving factor this market.
              • the increasing geriatric population is the driving factor this market.
              • the consumption of excessive is the driving factor this market.
              • saturated fats/transfats-containing food is the driving factor this market.
              • tobacco abuse is the driving factor this market.
              • high blood pressure is the driving factor this market.
              • smoking is the driving factor this market.
              • high cholesterol is the driving factor this market.
              • diabetes is the driving factor this market.
              • obesity is the driving factor this market.
              • physical inactivity is the driving factor this market.
              • and a family history of CVD are risk factors for CVDs. The Global Burden of Disease (GBD) is the driving factor this market.
              • ongoing multinational collaboration to provide comparable and consistent estimates of population health over a time period is the driving factor this market.
              • used all the available population-level data sources on the incidence is the driving factor this market.
              • prevalence is the driving factor this market.
              • case fatality is the driving factor this market.
              • mortality is the driving factor this market.
              • and health risks to produce estimates for 204 countries and territories during 1990-2019. The prevalence of total CVD nearly doubled from 271 million (95% uncertainty interval 257 to 285 million) in 1990 to 523 million (95% 497 to 550 million) in 2019 is the driving factor this market.
              • and the number of CVD deaths steadily increased from 12.1 million (95% 11.4 to 12.6 million) in 1990 and reached 18.6 million (95% 17.1 to 19.7 million) in 2019. According to the CDC is the driving factor this market.
              • in 2019 is the driving factor this market.
              • 28.2 million adults were diagnosed with heart disease in the US. Every year is the driving factor this market.
              • 805 is the driving factor this market.
              • 000 deaths are recorded in the US due to heart disease is the driving factor this market.
              • among which coronary heart disease (CHD) is the most common type of heart disease is the driving factor this market.
              • with a mortality rate of approximately 360 is the driving factor this market.
              • 900 in 2019.  Any blockage in the blood flow into the heart valve leads to regurgitation and stenosis. The increasing number of cases of mitral valve regurgitation is the driving factor this market.
              • mitral valve stenosis is the driving factor this market.
              • and heart failure where the heart cannot pump enough blood and oxygen to other parts of the body is driving market growth. In 2016 is the driving factor this market.
              • approximately 4.35 million people were diagnosed with aortic valve disease in the US. Hence is the driving factor this market.
              • the demand for cardiovascular restoration devices is expected to increase to treat damaged and diseased heart valves is the driving factor this market.
              • which is the driving factor this market.
              • in turn is the driving factor this market.
              • drives market growth. is the driving factor this market.

              The Coronary Artery Bypass Grafting market vendors should focus on grabbing business opportunities from the On-pump segment as it accounted for the largest market share in the base year.