The report titled “Global Endoscopic Vessel Harvesting Systems Market- Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the Global Endoscopic Vessel Harvesting Systems along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on type of application, and different geographies.
Endoscopic vessel harvesting, developed in 1996, is gaining popularity, due to its minimal invasive procedure, with requirement of small incision and is a safer surgical process promoting earlier recovery. The EVH reduces possibility of wound infection complication and infection, thus reducing the tissue damage and surgical trauma of the patient. Almost 80% of coronary artery bypass grafting procedures in the U.S. are performed using EVH, where it is considered as standard of care. Since its introduction, EVH technology has undergone several transformations and the manufacturers have introduced refinements to make EVH procedures easier, faster and safer. While device manufacturers have perpetually introduced product innovations, surgeons have also developed improved clinical practices as their experience augmented over time. North America dominated the overall market in terms of revenue share and expected to continue its domination throughout the forecast period. The key factors assisting the growth of endoscopic vessel harvesting system market are rising prevalence of cardiovascular diseases, increasing demand for minimally invasive procedures, and incessant technological development in endoscopic vessel harvesting systems
For the purpose of this study, the Global Endoscopic Vessel Harvesting Systems market is segmented on the basis of Brand into VirtuoSaph, Vasoview 6 Pro, Vascuclear, Cardio Vision, Cardio Vision, Endoperfect System. Market size estimates and forecast for these segments for the period 2013 to 2023 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2016 to 2023, considering 2015 as the base year.
The geographical segmentation of Global Endoscopic Vessel Harvesting Systems market comprised regions such as North America, Europe, Asia-Pacific, Latin America & Middle East and Africa. Each geographical region is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, and GCC countries. Market size and forecast for these segments during 2013 to 2023 and their CAGRs for the period 2016 to 2023 are provided in this report.
The Global Endoscopic Vessel Harvesting Systems market is observed as the highly concentrated and competitive market with limited number of companies operating. The key players in this market are MAQUET Holdings, Terumo Corporation, LivaNova plc., Med Europe S.r.l., and Cardio Medical GmbH
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Endoscopic Vessel Harvesting Systems market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Brands
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report