Endoscopic Vessel Harvesting Market Worth 504.8 Million USD by 2022


Posted June 27, 2018 by Sudhirmalekar22

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%.

 
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%. Growth in the endoscopic vessel harvesting market is driven by factors such as increasing prevalence of cardiovascular diseases, growing preference for minimally invasive harvesting owing to advantages it offers over conventional methods, and rising geriatric population. However, the availability of alternative treatment methods for CADs and poor reimbursement scenario for EVH is expected to restrain the growth of this market during the forecast period.

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The endoscopic vessel harvesting market is segmented on the basis of product, usability, vessel type, application, and region. On the basis of product, the market is segmented into EVH systems, endoscopes, and accessories. The EVH systems segment is expected to register the highest CAGR during the forecast period. The high growth of this segment can be attributed to the rising adoption of minimally invasive procedures for vessel harvesting and disposable nature of these products.

On the basis of usability, the market is segmented into disposable and reusable. The disposable products segment is expected to grow at the highest rate during the forecast period. This growth can be attributed to the rising preference for disposable devices over reusable owing to the advantages offered.

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On the basis of vessel type, the market is categorized into saphenous vein and radial artery. The saphenous vein segment is expected to grow at the highest rate during the forecast period. This growth can be attributed to the significant advantages offered by the saphenous vein in terms of wound complications, reduced pain, and aesthetics.

On the basis of application, the global endoscopic vessel harvesting market is segmented into coronary artery disease and peripheral artery disease. The coronary artery disease segment is expected to grow at the highest rate during the forecast period. This growth can be attributed to the rising prevalence of cardiovascular diseases and increasing geriatric population.

Geographically, the endoscopic vessel harvesting market in the European region is expected to register the highest CAGR during the forecast period. Growth in this regional segment is largely driven by the rising number of CABG procedures and growth in the geriatric population.



Related Article: https://www.prnewswire.com/news-releases/endoscopic-vessel-harvesting-market-worth-5048-million-usd-by-2022-676118343.html

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Issued By Mr. Rohan
Website MarketsandMarkets™ INC.
Phone 8886006441
Business Address MarketsandMarkets™ INC. 630 Dundee Road Suite 430
Northbrook
Country United States
Categories Health
Tags endoscopic vessel harvesting market
Last Updated June 27, 2018