Coronary Artery Bypass Graft Market Share

  • Report ID: 732
  • Published Date: Nov 28, 2024
  • Report Format: PDF, PPT

Coronary Artery Bypass Graft Market Share

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.

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Author Credits:  Radhika Pawar


  • Report ID: 732
  • Published Date: Nov 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global coronary artery bypass graft market registered a valuation of USD 14.09 billion in 2024 and is poised to expand at a CAGR of 9.2% during the forecast period, i.e., 2025-2037.

The global coronary artery bypass graft sector registered a profitable valuation of USD 14.09 billion in 2024 and is poised to register USD 44.25 billion in 2037 expanding at a CAGR of 9.2% during the forecast period, i.e., 2025-2037.

The major players in the market are Guidant Group, MAQUET Holding B.V. & Co.KG, Novadaq Technologies Inc., KARL STORZ GmbH & Co. KG, Edwards Lifesciences Corporation, Genesee Biomedical Inc., and others.

By method, the off-pump segment is poised to register the largest revenue share of 56.2% by 2037. The market growth can be attributed to off-pump CABG’s reduced complications, faster recovery, and advancements in surgical technology.

North America is poised to register the largest revenue share of 49.8% by the end of 2037. The market growth is attributed to the rising prevalence of cardiovascular diseases, particularly CAD.
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