The Coronary Artery Bypass Graft Global Market Report 2023, provides comprehensive information on the coronary artery bypass graft market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Coronary Artery Bypass Graft Global Market Report 2023, the global coronary artery bypass graft market is expected to grow from $10.46 billion in 2022 to $11.45 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The coronary artery bypass graft market is expected to reach $15.93 billion in 2027 at a CAGR of 8.6%.
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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. For instance, in July 2022, Medtronic plc, a US-based medical device company, collaborated with CathWorks, an Israel-based medical equipment manufacturer. Under the agreement, Medtronic will invest a maximum of $75 million in the Israel-based company and engage in joint promotion of CathWorks’ FFRangio System in the United States, Japan, and Europe. Furthermore, in September 2021, Etiometry, a US-based clinical decision-support software for critical care, collaborated with Terumo Cardiovascular, a US-based manufacturer of medical devices for cardiac and vascular surgery. Through the partnership, adult cardiac surgery patients will benefit from advanced clinical decision support during and throughout their post-surgical recovery. By combining Etiometry’s platform with Terumo’s cardiac surgical devices, a more comprehensive understanding of a patient’s condition and enhanced perioperative management can be achieved.
The coronary artery bypass graft market is segmented:
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
Top Major Players:
MicroPort Scientific Corporation
CryoLife Inc
Johnson & Johnson Co
Abbott Laboratories
Medtronic plc
North America was the largest region in the coronary artery bypass graft market in 2022.
The table of contents in TBRC’s coronary artery bypass graft market report includes:
1. Executive Summary
2. Coronary Artery Bypass Graft Market Characteristics
3. Coronary Artery Bypass Graft Market Trends And Strategies
4. Coronary Artery Bypass Graft Market – Macro Economic Scenario
5. Global Coronary Artery Bypass Graft Market Size and Growth
………………………………………………………………………..
32. Global Coronary Artery Bypass Graft Market Competitive Benchmarking
33. Global Coronary Artery Bypass Graft Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Coronary Artery Bypass Graft Market
35. Coronary Artery Bypass Graft Market Future Outlook and Potential Analysis
36. Appendix
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