Id: CBI_2038 | Pages: 228 | Format : PDF | Published : | Author : Amit Sati | Category : Medical Devices
Coronary Artery Bypass Graft Market size is estimated to reach over USD 23,687.77 Million by 2032 from a value of USD 13,890.56 Million in 2024 and is projected to grow by USD 14,601.50 Million in 2025, growing at a CAGR of 6.9% from 2025 to 2032.
Coronary Artery Bypass Graft (CABG) is a surgical procedure used to treat coronary artery disease by rerouting blood flow around blocked or narrowed arteries. This procedure involves using a blood vessel from another part of the body to bypass the obstructed artery. CABG offers key benefits, including improved blood flow, enhanced heart function, and reduced chest pain. It is commonly performed in patients with severe coronary artery disease who do not respond to other treatments.
The procedure is widely used in hospitals and cardiac care centers, providing essential treatments for individuals with advanced heart disease. CABG is essential in the cardiovascular care industry, impacting both healthcare providers and patients seeking effective heart disease solutions.
Recent advancements in surgical techniques and technologies have significantly improved the success rates of coronary artery bypass graft (CABG) surgeries. The introduction of minimally invasive approaches, such as robotic-assisted surgery, allows for smaller incisions, reduced recovery time, and fewer complications. Additionally, innovations in grafting materials, such as the use of artificial grafts and better-quality arterial grafts, have enhanced the long-term success of CABG procedures.
For example, robotic-assisted CABG surgery has enabled precise incision placement and reduced human error, leading to faster recovery times and improved patient outcomes.
As surgical techniques continue to improve, the trend for CABG procedures is expected to increase, thereby driving the market for coronary artery bypass grafts.
The high cost of coronary artery bypass graft (CABG) procedures and the associated equipment remain a significant barrier to coronary artery bypass graft market growth. CABG surgeries require specialized equipment, including advanced imaging devices, heart-lung machines, and grafting tools, all of which contribute to the overall cost of the procedure. Additionally, the post-operative care and rehabilitation associated with CABG also add to the financial burden.
This high cost creates accessibility challenges, particularly for patients in low-income regions and healthcare systems with limited resources. Consequently, the high cost of CABG procedures hinders widespread adoption and affects the overall coronary artery bypass graft market growth.
The increasing preference for minimally invasive coronary artery bypass graft (CABG) procedures presents a significant opportunity for growth in the near future. Minimally invasive CABG, which involves smaller incisions and faster recovery times, is becoming more widely adopted due to its advantages over traditional open-heart surgery. With advancements in surgical technology, such as robotic-assisted surgery and improved imaging systems, minimally invasive techniques are expected to become more efficient and accessible.
For instance, as robotic-assisted CABG becomes more affordable and effective, it is expected that more hospitals and healthcare centers will offer this option to patients. This growing coronary artery bypass graft market demand for minimally invasive procedures is likely to drive the trend of the coronary artery bypass graft market in the coming years.
The focus on technological advancements, the cost-related challenges of traditional CABG, and the growing shift toward minimally invasive surgeries create a dynamic environment for the coronary artery bypass graft market's evolution.
Based on procedure type, the CABG market is segmented into On-Pump CABG, Off-Pump CABG, Minimally Invasive Direct CABG (MIDCAB), and Hybrid Coronary Revascularization.
The On-Pump CABG sector accounted for the largest revenue in coronary artery bypass graft market in coronary artery bypass graft market share in 2024.
The Off-Pump CABG sector is anticipated to register the fastest CAGR during the forecast period.
Based on graft type, the CABG market is segmented into Saphenous Vein Grafts, Internal Thoracic Artery Grafts, Radial Artery Grafts, and Other Grafts (e.g., Gastroepiploic Artery).
The Internal Thoracic Artery Grafts sector accounted for the largest revenue share in 2024.
The Radial Artery Grafts sector is anticipated to register the fastest CAGR during the forecast period.
Based on device type, the CABG market is segmented into Heart Stabilizers, Cannulas, Clamps, Retractors, Cardiopulmonary Bypass Machines, and Other Surgical Instruments.
The Cardiopulmonary Bypass Machines sector accounted for the largest revenue share in 2024.
The Heart Stabilizers sector is anticipated to register the fastest CAGR during the forecast period.
Based on application, the CABG market is segmented into Single Vessel Disease and Multivessel Disease.
The Multivessel Disease sector accounted for the largest revenue share in 2024.
The Single Vessel Disease sector is anticipated to register the fastest CAGR during the forecast period.
Based on end-user, the CABG market is segmented into Hospitals, Ambulatory Surgical Centers, and Specialty Cardiac Centers.
The Hospitals sector accounted for the largest revenue share by 43.70%in 2024.
The Specialty Cardiac Centers sector is anticipated to register the fastest CAGR during the forecast period.
The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
In 2024, North America was valued at USD 4,607.61Million and is expected to reach USD 7,677.21Million in 2032. In North America, the U.S. accounted for the highest share of 72.90%during the base year of 2024. North America remains the leading region in the coronary artery bypass graft (CABG) market, primarily due to advanced healthcare infrastructure and high adoption of innovative medical technologies. The United States holds a significant market share, with an aging population, increasing prevalence of cardiovascular diseases, and a high number of CABG procedures performed annually. The region benefits from extensive healthcare reimbursement systems, highly skilled healthcare professionals, and well-established hospitals, which support the demand for CABG surgeries. Research and development activities in North America also contribute to the market's trend, with continuous advancements in surgical techniques and minimally invasive procedures.
In Asia Pacific, the market is experiencing the fastest growth with a CAGR of 7.3% over the forecast period. Asia-Pacific is experiencing rapid growth in the CABG market, led by countries like Japan, China, and India. The region faces a rising burden of cardiovascular diseases due to lifestyle changes, unhealthy diets, and increasing urbanization. Japan, with its advanced healthcare system and high healthcare spending, remains one of the prominent markets for CABG procedures. In contrast, China and India are witnessing an increasing demand for CABG due to large populations and the growing prevalence of heart diseases. However, the lack of adequate healthcare infrastructure and high costs of surgery in certain areas may limit market trend in these countries.
Europe demonstrates a stable market for CABG procedures, with countries such as Germany, the United Kingdom, and France being major contributors. The region has a strong healthcare system and well-established cardiovascular care practices. The rising prevalence of cardiovascular diseases among the aging population is a key factor driving demand for CABG surgeries. Additionally, Europe's growing focus on minimally invasive surgical techniques, as well as the implementation of enhanced post-surgical care protocols, contributes to the market's performance. The European Union's healthcare policies also support the availability of CABG procedures, ensuring wider access across the region.
The Middle East and Africa (MEA) region is witnessing gradual market development, influenced by rising healthcare investments and improvements in medical infrastructure. Countries like the UAE and Saudi Arabia are investing heavily in healthcare, leading to an increased number of CABG procedures. However, in many African nations, access to CABG surgeries remains limited due to economic barriers, a lack of specialized healthcare facilities, and insufficient medical staff. Cardiovascular diseases are becoming more prevalent in the region, but healthcare systems need further trend to fully cater to the growing demand for CABG treatments.
Latin America’s CABG market is expanding as a result of increasing healthcare access and the rising prevalence of heart diseases. Brazil, Mexico, and Argentina are prominent contributors to the market due to the demand for coronary artery surgeries and improved healthcare systems. However, healthcare disparities between urban and rural areas continue to pose challenges in ensuring equal access to CABG treatments. Economic constraints in certain regions also limit the affordability and availability of advanced cardiovascular care. Despite these challenges, the market is expected to see further improvements as healthcare systems modernize and the awareness of cardiovascular diseases increases.
The Global Coronary Artery Bypass Graft Market is highly competitive with major players providing products and servicesto the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the Global Coronary Artery Bypass Graft Market. Key players in the Coronary Artery Bypass Graft industry include-
Partnerships & Collaborations
Report Attributes | Report Details |
Study Timeline | 2019-2032 |
Market Size in 2032 | USD 23,687.77 Million |
CAGR (2025-2032) | 6.9% |
By Procedure Type |
|
By Graft Type |
|
By Device Type |
|
By Application |
|
By End-User |
|
By Region |
|
Key Players |
|
North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
|
In 2024, the Coronary Artery Bypass Graft Market was USD 13,890.56 million.
In 2032, the market size of Coronary Artery Bypass Graft Market is expected to reach USD 23,687.77 million.
The procedure type, graft type, device type, application, and end-user are the segments covered in this report.
Medtronic PLC (Ireland), Johnson & Johnson (United States), Boston Scientific Corporation (United States), Stryker Corporation (United States), Edwards Lifesciences Corporation (United States), Abbott Laboratories (United States), Terumo Corporation (Japan), Cook Medical (United States), LivaNova PLC (United Kingdom), Baxter International Inc. (United States) are the major players in the Coronary Artery Bypass Graft market.