New Study from StrategyR Highlights a $150.8 Million Global Market for Coronary Artery Bypass Grafts (CABG) by 2026

SAN FRANCISCO , June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Coronary Artery Bypass Grafts (CABG) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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What's New for 2022?

• Global competitiveness and key competitor percentage market shares
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Edition: 8; Released: January 2022
Executive Pool: 10839
Companies: 41 - Players covered include Abbott Laboratories, Inc.; Boston Scientific Corporation; Edwards Lifesciences Corporation; Genesee BioMedical, Inc.; Hancock Jaffe Laboratories, Inc.; HeartWare International, Inc.; Karl Storz GmbH & Co. KG; Maquet Holding B.V. & Co. KG; Medtronic PLC; Novadaq Technologies, Inc.; TandemLife and Others.
Coverage: All major geographies and key segments
Segments: Segment (On-Pump or Traditional Coronary Artery Bypass Grafting, Off-Pump Coronary Artery Bypass Grafting, Minimally Invasive Direct Coronary Artery Bypass Grafting)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Coronary Artery Bypass Grafts (CABG) Market to Reach $150.8 Million by 2026
Amid the COVID-19 crisis, the global market for Coronary Artery Bypass Grafts (CABG) estimated at US$112 Million, is projected to reach a revised size of US$150.8 Million by 2026, growing at a CAGR of 5% over the analysis period. On-Pump or Traditional Coronary Artery Bypass Grafting, one of the segments analyzed in the report, is projected to record a 4.7% CAGR and reach US$62.8 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Off-Pump Coronary Artery Bypass Grafting segment is readjusted to a revised 5.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $35 Million in 2021, While China is Forecast to Reach $26.8 Million by 2026
The Coronary Artery Bypass Grafts (CABG) market in the U.S. is estimated at US$35 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.8 Million by the year 2026 trailing a CAGR of 4.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 4.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Minimally Invasive Direct Coronary Artery Bypass Grafting Segment to Reach US$22.5 Million by the year 2026
In the global Minimally Invasive Direct Coronary Artery Bypass Grafting segment, USA, Canada, Japan, China and Europe will drive the 5.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$12.9 Million will reach a projected size of US$19.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.