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The coronary artery bypass grafting market size is estimated to grow by USD 30.3 million at a CAGR of 4.49% between 2023 and 2028. The Coronary Artery Bypass Grafting (CABG) market is witnessing significant growth due to the increasing prevalence of Coronary Artery Diseases (CAD) and the rising geriatric population. CAD is a major cause of mortality and morbidity worldwide, and the number of cases is projected to increase as the population ages. Additionally, the availability of alternatives such as Percutaneous Coronary Interventions (PCI) and Drug-Eluting Stents (DES) has increased competition in the market. However, the superior long-term outcomes of CABG compared to PCI and DES in certain patient populations continue to drive demand for the procedure. Furthermore, advancements in surgical techniques, such as Off-Pump Coronary Artery Bypass Grafting (OPCABG), have reduced the risk of complications associated with traditional CABG procedures. In conclusion, the CABG market is expected to grow steadily due to the increasing burden of CAD, an aging population, and the continued use of CABG as a preferred treatment option for certain patient populations.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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