Coronary Artery Bypass Graft Market registered a profitable valuation of USD 14.09 billion in 2024 and is projected to reach USD 44.25 billion by 2037, expanding at a CAGR of 9.2% during the forecast period, i.e., 2025-2037. In 2025, the industry size of coronary artery bypass graft is evaluated at USD 15.39 billion.
The primary growth driver of the coronary artery bypass graft market is the rising prevalence of cardiovascular diseases (CVDs) particularly coronary artery disease (CAD). According to the British Heart Foundation, as of 2021, over 250 million people in the world were living with coronary heart disease.
Unhealthy lifestyles, poor dietary habits, smoking, and sedentary behavior have led to a surge in CAD cases, necessitating surgical interventions like coronary artery bypass surgery. Additionally, the growing global elderly population is at higher risk of heart disease, driving demand for CABG procedures. One in six individuals worldwide will be 60 or older by 2030. At this point, there will be 1.4 billion people over 60, up from 1 billion in 2020. The number of individuals in the world who are 60 years of age or older is expected to increase to 2.1 billion by 2050. Between 2020 and 2050, the population of people 80 years of age or older is predicted to triple, reaching 426 million.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
9.2% |
Base Year Market Size (2024) |
USD 14.09 billion |
Forecast Year Market Size (2037) |
USD 44.25 billion |
Regional Scope |
|
Method (Off-pump, On-pump, and Minimally Invasive Procedures)
By method, the off-pump segment is estimated to dominate around 56.2% coronary artery bypass graft market share by the end of 2037. The market growth can be attributed to off-pump CABG’s reduced complications, faster recovery, and advancements in surgical technology. Off-pump CABG also known as beating heart surgery involves performing the bypass surgery without stopping the heart, unlike traditional on-pump CABG, which uses a heart-lung machine. This technique reduces the risk of complications such as stroke, heart attack, and kidney failure.
The growing availability of specialized instruments and technology to assist in off-pump surgeries has made this method more viable and efficient. Enhanced surgical tools like stabilizers, robotic-assisted technologies, and advanced imaging systems have further boosted its adoption. According to a 2023 report published by the National Library of Medicine, the popularity of off-pump coronary artery bypass grafting (CABG) varies around the world, ranging from 20% in Europe and the U.S. to 56% in Asia.
Surgical Procedure (Single CABG Surgery, Double CABG Surgery, Triple CABG Surgery, Quadruple CABG Surgery)
By 2037, single CABG surgery segment is projected to hold more than 35% coronary artery bypass graft market share. Single-vessel coronary artery disease is common, especially among patients with early stages of coronary artery disease. Single CABG surgery, which involves bypassing a single blocked artery, is often sufficient for these patients. As CAD remains one of the leading causes of morbidity globally, single CABG procedures are in high demand.
Moreover, single CABG surgery is less complex compared to multiple bypass surgeries, making, it more cost-effective. It typically involves fewer risks, shorter operation times, and quicker recovery, all of which are important factors for patients and healthcare providers seeking efficient and affordable treatment options.
Our in-depth analysis of the global coronary artery bypass graft market includes the following segments:
Method |
|
Surgical Procedure |
|
End use |
|
North America Market Forecast
North America in coronary artery bypass graft market is anticipated to capture around 49.8% revenue share by the end of 2037. The market growth is attributed to the rising prevalence of cardiovascular diseases, particularly CAD. In addition to the rising disease burden, the region benefits from advanced healthcare infrastructure, cutting-edge medical technologies, and a strong reimbursement system that makes CABG surgeries more accessible.
In the U.S., CVD remains the leading cause of death, which is contributing to the rise of CABG surgeries. For instance, according to the Centers for Disease Control and Prevention (CDC) in 2022, approximately 1 in every 5 deaths from cardiovascular diseases (CVDs) occurred among persons under the age of 65. Furthermore, an aging population, lifestyle factors such as obesity and sedentary behavior, and an increase in associated comorbidities like diabetes are all accelerating the demand for cardiac interventions.
Canada boosts a well-developed healthcare system with significant investments in hospitals and specialized cardiac care centers. This infrastructure supports a high volume of CABG surgeries, particularly in larger hospitals equipped with advanced surgical tools and technologies.
APAC Market Analysis
The coronary artery bypass graft market of Asia Pacific is poised to register the fastest revenue growth by 2037. APAC countries are investing heavily in healthcare improvements, expanding the reach of advanced treatment options, including CABG, especially in urban areas. This development is particularly notable in emerging coronary artery bypass graft markets like India and China.
In China, the government is actively investing in the healthcare sector, aiming to improve access to quality medical services. This includes providing better healthcare financing, insurance coverage, and reimbursement for surgeries like CABG, which makes these treatments more accessible to the broader population. China's National Health and Family Planning Commission intends to increase the size of the country's health service sector to approximately USD 2.4 trillion by 2030.
In India, the growing geriatric population is a significant factor, as older individuals are at a higher risk for CADs. This demographic shift is expected to continue fueling demand for CABG procedures in the coming years. According to the United Nations Population Fund (UNFPA), as of 2023, the elderly population in the country reached 153 million and is expected to reach 347 million by 2050.
Key players in the coronary artery bypass graft market are contributing through innovations in surgical techniques, technology, and healthcare solutions. Investments and partnerships among government and private sectors are improving the quality and accessibility of CABG procedures and are also contributing to the overall growth of the market by making the surgeries more efficient across diverse regions.
Here are some key players in the coronary artery bypass graft market:
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?