A detailed analysis of the Global Coronary Artery Bypass Graft (CABG) Market 2023 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Coronary Artery Bypass Graft (CABG) Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.

The global Coronary Artery Bypass Graft (CABG) market size was USD 1.76 Billion in 2022 and is expected to reach USD 2.64 Billion in 2032, and register a revenue CAGR of 4.6% during the forecast period. Rising prevalence of cardiovascular diseases, increasing geriatric population, and cardiac surgery procedures have advanced technologically, are major factors driving market revenue growth.

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Market Overview:

In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.

Key Players covered in this report are

  • Abbott Laboratories
  • Medtronic
  • Boston Scientific Corporation
  • LivaNova PLC
  • Edwards Lifesciences Corporation
  • Maquet Holding B.V. & Co. KG (Getinge Group)
  • Terumo Corporation
  • Cardinal Health, Inc.
  • Cardiac Science Corporation
  • Sorin Group

Based on Product Type market is segmented into:

  • Off-pump
  • On-pump
  • Minimally Invasive

Based on End use market is segmented into:

  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Centers

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Based on Region market is segmented into:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Strategic Development:

  • On 26 August 2015, Edwards Lifesciences Corporation announced the completion of its acquisition of CardiAQ Valve Technologies, a company focused on the development of novel transcatheter mitral valve replacement therapies.
  • On 3 September 2021, Abbott Laboratories acquired Walk Vascular, LLC, a Medical Device company that develops minimally invasive systems for the treatment of peripheral arterial disease. The acquisition was aimed at expanding Abbott's product offerings in the vascular space.
  • On 16 July 2020, LivaNova PLC announced the launch of its Perceval Plus sutureless aortic heart valve. The valve is designed to simplify surgical procedures and reduce the time needed for CABG surgeries.

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