Coronary Artery Bypass Graft Market By Type (Traditional Coronary Artery Bypass Graft, Off-Pump Coronary Artery Bypass Graft, Minimally Invasive Direct Coronary Artery Bypass (MIDCAB), Endoscopic Vessel Harvesting (EVH)), By Procedure (Single Bypass Surgery, Double Bypass Surgery, Triple Bypass Surgery, Quadruple Bypass Surgery), By Material (Saphenous Vein Grafts, Internal Thoracic Artery Grafts, Radial Artery Grafts), By End-User (Hospitals, Ambulatory Surgical Centers, Cardiac Centers, Research & Academic Institutions), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Coronary Artery Bypass Graft Market was valued at USD 14.5 billion in 2023 and will surpass USD 25.3 billion by 2030; growing at a CAGR of 8.2% during 2024 - 2030.

Off-Pump CABG Segment is Anticipated to Grow the Fastest Owing to Reduced Recovery Time and Surgical Risks

The Off-Pump Coronary Artery Bypass Graft (CABG) segment is expected to witness significant growth due to its numerous advantages over traditional CABG procedures. Unlike traditional CABG, off-pump surgery is performed while the heart is still beating, eliminating the need for a heart-lung machine. This technique reduces the risks associated with cardiopulmonary bypass, such as stroke, infection, and prolonged recovery times. Patients undergoing off-pump surgery tend to experience faster recovery and shorter hospital stays, which is particularly beneficial for older patients and those with high surgical risks.

Additionally, the increasing demand for minimally invasive and less traumatic surgical interventions is further boosting the growth of the off-pump CABG segment. As healthcare providers and patients alike seek to minimize postoperative complications and improve patient outcomes, off-pump procedures are becoming more widely adopted, particularly in developed healthcare systems. With advancements in surgical tools and techniques, the segment is poised to gain traction in the global CABG market, offering a safer and more efficient alternative to traditional open-heart surgery.

North America is Expected to Dominate the Coronary Artery Bypass Graft Market Due to Advanced Healthcare Infrastructure

North America is anticipated to remain the largest market for coronary artery bypass graft procedures, driven by the region's advanced healthcare infrastructure and high prevalence of coronary artery disease (CAD). The aging population in the U.S. and Canada, coupled with increasing risk factors such as obesity, hypertension, and diabetes, has led to a growing number of CABG procedures being performed in the region. Moreover, the presence of leading medical device manufacturers and research institutions supports the continuous development of innovative surgical techniques and tools for CABG procedures.

In addition to technological advancements, favorable reimbursement policies and government healthcare initiatives contribute to the region's dominance in the CABG market. North America also benefits from a highly skilled medical workforce and well-established cardiac care centers, ensuring high-quality treatment and patient care. As the demand for cardiovascular surgeries continues to rise, North America is expected to maintain its leadership position in the global CABG market, with ongoing efforts to improve surgical outcomes and patient safety.

The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market. The report also covers a detailed analysis of the competitive landscape which includes major players, their recent developments, growth strategies, product benchmarking, and manufacturing operations among others. Also, brief insights on start-up ecosystem and emerging companies is also included as part of this report.

Report Objectives:

The report will help you answer some of the most critical questions in the Coronary Artery Bypass Graft Market. A few of them are as follows:

1. What are the key drivers, restraints, opportunities, and challenges influencing the market growth?
2. What are the prevailing technology trends in the Coronary Artery Bypass Graft Market?
3. What is the size of the Coronary Artery Bypass Graft Market based on segments, sub-segments, and regions?
4. What is the size of different market segments across key regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa?
5. What are the market opportunities for stakeholders after analyzing key market trends?
6. Who are the leading market players and what are their market share and core competencies?
7. What is the degree of competition in the market and what are the key growth strategies adopted by leading players?
8. What is the competitive landscape of the market, including market share analysis, revenue analysis, and a ranking of key players?

Report Scope: