Endoscopic Vessel Harvesting System Market Insights on Emerging Scope Prophesy
During the forecast period, the endoscopic vessel harvesting system market is expected to grow at a CAGR of 3.7%. The market is expected to be worth US$ 505.63 million in 2022 and US$ 669.10 million by 2032.
The growing prevalence of cardiovascular disease is driving up demand for endoscopic vessel harvesting systems. Endoscopic vessel harvesting system market share has increased in recent years due to constant innovation and technological advancement.
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Endoscopic vessel harvesting systems are experiencing an unprecedented surge in usage as a result of the preference for minimally invasive surgical procedures, as well as the growing healthcare sector and rising geriatric population in emerging economies, driving the market’s overall growth. As a result, the endoscopic vessel harvesting system market is expected to grow significantly during the forecast period.
Coronary artery bypass graft surgery (CABG) is a procedure that restores blood supply to the heart muscle after one or more coronary arteries have been blocked or narrowed. Traditionally, the harvesting procedure used open vein harvesting (OVH), which required a single continuous skin incision. With recent technological advancements, the process is less invasive by endoscopic vessel harvesting (EVH). This technique reduces leg wound morbidity due to small incisions compared to open vein harvesting.
Some major companies in the endoscopic vessel harvesting system market are Maquet Holding B.V. & Co. KG., OLYMPUS CORPORATION, Terumo Cardiovascular Systems Corporation., Med Europe S.r.l. (Elite Life Care), Sorin Group Inc., Saphena Medical, Inc and Terumo Cardiovascular Systems Corporation.
- Endoscopic vessel harvesting system Market Segments
- Endoscopic vessel harvesting system Market Dynamics
- Historical Actual Market Size, 2013 – 2015
- Endoscopic vessel harvesting system Market Size & Forecast 2016 to 2026
- Endoscopic vessel harvesting system Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Endoscopic vessel harvesting system Market Drivers and Restraints
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Endoscopic Vessel Harvesting System Market
The Global endoscopic vessel harvesting system market is segmented on the basis of product type and regional presence:
Geographically the endoscopic vessel harvesting system market is segmented into five key regions
- North America
- Latin America
- Asia Pacific
- MEA region
The Asia Pacific endoscopic vessel harvesting system market is expected to grow rapidly as per capita income in Asian countries rises and the medical tourism industry expands. China is expected to be the fastest growing market for endoscopic vessel harvesting systems due to increased public access to healthcare professionals and an expanding economy.
Key Segments in the Endoscopic Vessel Harvesting System
Segmentation based on Product Type: