DUBLIN--(BUSINESS WIRE)--The "Global Endoscopic Vessel Harvesting System Market, 2017-2025" report has been added to Research and Markets' offering.
The global endoscopic vessel harvesting system market was valued at USD 1,908.0 Mn in 2017, and is expected to reach USD 3,023.9 Mn by 2025, expanding at a CAGR of 6.7%.
Introduction of endoscopic vessel harvesting (EVH) in 1996 turned-out to be a significant breakthrough in the field of modern cardiac surgery and since then it has evolved into a more precise and accurate cardiac surgery system. EVH has made cardiac surgery less invasive, safer and also promotes earlier recovery. Since its introduction EVH has captured a significant position in standard critical care with approximately 80% of coronary artery bypass grafting procedures in the U.S. are performed using EVH, where EVH is already considered as a standard of care.
Clinical evidences report that EVH procedures result in less muscle and tissue damage, and thus reduce surgical trauma to the patients, reduces the risk of infection along with that of wound healing complications. Along with the documented short-term benefits of EVH, several studies have also reported on the quality of harvested vessel for bypass. A number of studies has established equivalent graft patency with open vessel harvesting (OVH). Overall, the EVH market is specifically concentrated in nature, with a limited number of products in circulation. Such commercially available systems are equipped with proprietary technologies and methods of operation.
Key Market Movements:
- Growing preference for minimally invasive procedures.
- Technological evolution has played a significant role in allowing stability to EVH market. Since its introduction, EVH technology has undergone several transformations and the manufacturers have introduced refinements to make EVH procedures easier, faster and safer.
- Further growth in awareness about benefits offered by EVH such as overall cost saving, equal efficacy as of open harvesting, quick recuperation, etc. will lead to growth in demand for EVH systems in developing economies.
- The key factors responsible for significant growth of EVH systems market in is due to factors such as high growth of geriatric population and awareness programs among surgeons, rising prevalence of cardiovascular diseases and high demand for minimally invasive and cost efficient surgery.
Companies Mentioned
- Maquet Holding B.V. & Co. KG
- Cardio Medical GmbH
- Terumo Cardiovascular Group
- Med Europe S.r.l. (Elite Life Care)
- LivaNova plc. (Sorin and Cyberonics)
- Saphena Medical, Inc.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Precision Medicine Market Overview
Chapter 4 Global Endoscopic Vessel Harvesting System Market Analysis, By Brands
Chapter 5 Global Endoscopic Vessel Harvesting System Market, By Geography
Chapter 6 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/fxw6fb/global_endoscopic
