2018 Global Endoscopic Vessel Harvesting Market Report Forecast to 2022 - Availability of Alternative Treatment Methods for CAD is Restraining Market Potential - ResearchAndMarkets.com

DUBLIN--()--The "Endoscopic Vessel Harvesting Market by Product, Usability, Vessel, Application - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The global endoscopic vessel harvesting market is projected to reach USD 504.8 Million by 2022 from an estimated USD 420.5 Million in 2017, at a CAGR of 3.7% during the forecast period.

The growth of this market is majorly driven by factors such as the increasing prevalence of cardiovascular diseases, growing preference for minimally invasive harvesting owing to advantages it offers over conventional methods, and rising geriatric population.

The market is segmented on the basis of product, usability, vessel type, application, and region. On the basis of product, the global market is segmented into EVH systems, endoscopes, and accessories. The EVH systems segment accounted for the largest share in 2017 and is expected to register the highest CAGR during the forecast period. This can be primarily attributed to the rising adoption of minimally invasive procedures for vessel harvesting and disposable nature of these products.

Based on usability, the market is segmented into disposable and reusable. In 2017, the disposable segment commanded the largest share of the market. This segment is also expected to register the highest CAGR during the forecast period primarily due to the rising preference for disposable devices over reusable owing to the advantages offered.

Based on vessel type, the market is segmented into saphenous vein and radial artery. The saphenous vein segment is expected to register highest CAGR during the forecast period. This can be attributed to the advantages offered by saphenous vein in terms of wound complications, reduced pain, and aesthetics.

Based on application, the market is segmented into coronary artery disease and peripheral artery disease. The coronary artery disease segment is expected to register the highest CAGR during the forecast period primarily due to the rising prevalence of cardiovascular diseases and increasing geriatric population.

The North American segment accounted for the largest share of the market in 2017. The large share of this segment can primarily be attributed to the high burden of cardiovascular diseases (CVDs), the 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.

The major players in this market include Getinge (Sweden), Terumo (Japan), LivaNova (UK), Saphena Medical (US), KARL STORZ (Germany), Cardio Medical (Germany), and Medical Instruments Spa (Italy).

Market Dynamics

Drivers

  • Increasing Global Burden of Cardiovascular Diseases
  • Growing Preference for Minimally Invasive Harvesting Procedures

Restraints

  • Availability of Alternative Treatment Methods for CAD
  • Poor Reimbursement Scenario for EVH

Opportunities

  • Growing Healthcare Market in Emerging Economies

Challenges

  • Dearth of Trained Professionals

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Endoscopic Vessel Harvesting Market, by Product

7 Endoscopic Vessel Harvesting Market, by Usability

8 Endoscopic Vessel Harvesting Market, by Vessel Type

9 Endoscopic Vessel Harvesting Market, by Application

10 Endoscopic Vessel Harvesting Market, by Region

11 Market Share Analysis

12 Company Profile

  • Cardio Medical
  • Getinge
  • Karl Storz
  • Livanova
  • Medical Instruments Spa
  • Saphena Medical
  • Terumo

For more information about this report visit https://www.researchandmarkets.com/research/dl38mg/2018_global?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Endoscopy

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Endoscopy