With the rising prevalence of cardiovascular disease, constant technological innovation and advancement has become critical. Endoscopic vessel harvesting system market trend has opened up newer opportunities for companies in the field of coronary artery bypass grafting (CABG).
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
Endoscopic Vessel Harvesting System Market
The Global endoscopic vessel harvesting system market is segmented on the basis of product type and regional presence:
Segmentation based on product type
- Disposable
- Reusable
Geographically the endoscopic vessel harvesting system market is segmented into five key regions
- North America
- Latin America
- Europe
- 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.
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Key Segments in the Endoscopic Vessel Harvesting System
Segmentation based on Product Type:
- Disposable
- Reusable
Industry InsightsThe global Endoscopic Vessel Harvesting System Market size was estimated at USD 1,881.7 million in 2016 and is expected to grow at a CAGR of 6.1% over the forecast period.
Increasing incidences of cardiovascular disorders leads to surge in demand for EVH.
In addition, there is a rising prevalence of the risk associated with CVD including obesity, diabetes mellitus, and high blood pressure, which is further expected to boost demand for these devices.Technological advancements pertaining to cardiovascular medical devices is one of the pivotal factors anticipated to propel the growth of the EVH systems.
For instance, Maquet Cardiovascular LLC launched advanced VASOVIEW Technology for Endoscopic Vessel procedures in Cardiac Surgery.
The reusable segment held the majority of the revenue share and was valued at USD 1,242.4 million in 2016.
In addition, growing demand for EVH in Coronary Artery Bypass Graft (CABG) surgeries especially in emerging economies is another factor rising the demand for EVH systems in the market.
The global Endoscopic Vessel Harvesting System Market size was estimated at USD 1,881.7 million in 2016 and is expected to grow at a CAGR of 6.1% over the forecast period.
Increasing incidences of cardiovascular disorders leads to surge in demand for EVH.
In addition, there is a rising prevalence of the risk associated with CVD including obesity, diabetes mellitus, and high blood pressure, which is further expected to boost demand for these devices.
Request free sample to get a complete analysis of top-performing companies: https://www.millioninsights.com/industry-reports/endoscopic-vessel-harvesting-evh-system-market/request-sample Key Players:Some of the key participants of global EVH system market include, Olympus Corporation; Maquet Holding B.V. & Co. KG; Terumo Cardiovascular Systems Corporation; Saphena Medical, Inc.; Medical Instruments S.p.a; LivaNova plc.
For instance, Maquet Cardiovascular LLC launched advanced VASOVIEW Technology for Endoscopic Vessel procedures in Cardiac Surgery.
Growing preferance for minimally invasive procedures and cost efficient surgeries is further boosts demand for EVH systems.