Global Endoscopic Vessel Harvesting Market, By Product (EVH Systems, Endoscopes, Accessories), Usability (Disposable, Reusable), Vessel Type (Saphenous Vein, Radial Artery), Technique (Closed Tunnel, Open Tunnel), Application (Coronary Artery Disease (CAD), Peripheral Artery Diseases (PAD)), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Endoscopic Vessel Harvesting
Endoscopic vessel harvesting market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 3.75% in the above-mentioned forecast period.
Endoscopic vessel harvesting is basically a surgical procedure that is used in combination with coronary artery bypass surgery. It is generally the most minimally invasive technique than other methods. Moreover, it also requires a single 2cm incision and added with one or two smaller incisions of about 2-3 mm in length.
The increasing preference for minimally invasive harvesting procedures along with increasing prevalence of cardiovascular diseases are the significant factors responsible for driving the growth of the endoscopic vessel harvesting market. Additionally, the growing healthcare sector, rising geriatric population along with rising applications from emerging economies also heighten the overall growth of the market. However, the availability of alternative treatment methods for CAD obstruct the market’s growth. Furthermore, the high costs of this surgical procedure is also estimated to hamper the overall growth of the market.
The growing technical developments in healthcare sector are expected to generate profitable opportunities for the market. On the other hand, the poor reimbursement scenario have the potential to challenge for the market’s growth.
This endoscopic vessel harvesting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research endoscopic vessel harvesting market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Endoscopic Vessel Harvesting Market Scope and Market Size
Endoscopic vessel harvesting market is segmented on the basis of product, usability, vessel type, technique and application. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the endoscopic vessel harvesting market is segmented into EVH systems, endoscopes and accessories.
- On the basis of usability, the endoscopic vessel harvesting market is classified into disposable and reusable.
- On the basis of vessel type, the endoscopic vessel harvesting market is segmented into saphenous vein and radial artery.
- On the basis of technique, the endoscopic vessel harvesting market is segmented into closed tunnel and open tunnel.
- Endoscopic vessel harvesting market has also been segmented based on the application into coronary artery disease (CAD) and peripheral artery diseases (PAD).
Endoscopic Vessel Harvesting Market Country Level Analysis
Endoscopic vessel harvesting market is analyzed and market size insights and trends are provided by product, usability, vessel type, technique and application as referenced above.
The countries covered in the endoscopic vessel harvesting market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to high burden of cardiovascular diseases (CVDs), launch of the hospital readmissions reduction program (HRRP) and episode-based payment models (EPMs), increasing incidence of cardiac diseases, and growing preference for minimally invasive harvesting procedures. Asia-Pacific region on the other hand, is expected to show a rapid and lucrative growth rate in the forecast period owing to the increasing population along with changing lifestyle and adoption of advanced technologies.
The country section of the endoscopic vessel harvesting market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Endoscopic vessel harvesting market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for endoscopic vessel harvesting market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the endoscopic vessel harvesting market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Endoscopic Vessel Harvesting Market Share Analysis
Endoscopic vessel harvesting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to endoscopic vessel harvesting market.
Some of the major players operating in the endoscopic vessel harvesting market report are Getinge AB, Terumo Medical Corporation, LivaNova PLC, KARL STORZ, Saphena Medical Inc., Cardio Medical Group, Medical Instruments Spa, Devex, Cardio Medical GmbH, Terumo Cardiovascular Systems Corporation, Med Europe S.r.l., ELITE LIFECARE, LivaNova PLC., and Saphena Medical, Inc., among others.