The growing need for less invasive heart surgeries is driving a boom in the Endoscopic Vessel Harvesting System Market. A recent analysis predicts this market will climb at a steady rate of 3.7% annually from 2023 to 2033. By 2033, the market is expected to reach a value of approximately US$746.1 million, a significant increase from the estimated US$520.4 million market size in 2023. This surge highlights the increasing adoption of minimally invasive procedures for cardiovascular surgeries.
Rising Cardiovascular Disease Prevalence Drives Market Growth:
The primary driver of this market expansion is the alarming rise in cardiovascular disease (CVD) diagnoses worldwide. Endoscopic vessel harvesting (EVH) systems offer a minimally invasive approach to coronary artery bypass graft (CABG) surgery, providing several advantages over traditional methods.
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The endoscopic vessel harvesting devices market has opened up new opportunities for companies in the field of coronary artery bypass grafting (CABG).
Endoscopic vessel harvesting systems are experiencing an unprecedented surge in usage as a result of the preference for minimally invasive surgical procedures, as well as the growing healthcare sector and rising geriatric population in emerging economies, driving the market’s overall growth. As a result, the Global Endoscopic Vessel Harvesting System Market is expected to grow significantly during the forecast period.
Coronary artery bypass graft surgery (CABG) is a procedure that restores blood supply to the heart muscle after one or more coronary arteries have been blocked or narrowed. Traditionally, the harvesting procedure used open vein harvesting (OVH), which required a single continuous skin incision. With recent technological advancements, the process is less invasive by endoscopic vessel harvesting (EVH). This technique reduces leg wound morbidity due to small incisions compared to open vein harvesting.
Some major companies in the Endoscopic Vessel Harvesting System Market are Maquet Holding B.V. & Co. KG., OLYMPUS CORPORATION, Terumo Cardiovascular Systems Corporation., Med Europe S.r.l. (Elite Life Care), Sorin Group Inc., Saphena Medical, Inc., and Terumo Cardiovascular Systems Corporation.
- Endoscopic vessel harvesting system Market Segments
- Global Endoscopic Vessel Harvesting System Industry Dynamics
- Endoscopic Vessel Harvesting System Industry Size & Forecast 2022 to 2032
- Global Endoscopic Vessel Harvesting System Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Global Endoscopic Vessel Harvesting System Industry Drivers and Restraints
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The Endoscopic Vessel Harvesting System Market is segmented based on product type and regional presence:
Segmentation based on product type
- Disposable
- Reusable
Geographically the Endoscopic Vessel Harvesting System Market is segmented into five key regions
- North America
- Latin America
- Europe
- Asia Pacific
- MEA region
The Asia Pacific endoscopic vessel harvesting system industry is expected to grow rapidly as per capita income in Asian countries rises and the medical tourism industry expands. China is expected to be the fastest-growing market for endoscopic vessel harvesting systems due to increased public access to healthcare professionals and an expanding economy.
Key Segments in the Endoscopic Vessel Harvesting System Market
Segmentation based on Product Type:
- Disposable
- Reusable
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Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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