Endoscopic Vessel Harvesting System Market Analysis By Product (Disposable, Reusable), By Region (North America (U.S., Canada), Europe (UK, Germany) Asia Pacific (Japan, China), Latin America, MEA), And Segment Forecasts, 2014 - 2025

Published: Apr, 2017 | Pages: 75 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global endoscopic vessel harvesting systems market is expected to reach USD 3.4 billion by 2025, according to a new report by Grand View Research, Inc. Growing inclination of the patient population toward minimally invasive cardiac surgeries is one of the key factors expected to drive the market in the coming few years.

The introduction of endoscopic vessel harvesting technology in the field of cardiac surgery was a significant milestone in 1996. According to estimates by the Texas Heart Institute, every year over 200,000 procedures were performed in the U.S. Also, based on the statistics published by the department of surgery (Washington University School of Medicine in St. Louis), they perform Coronary Artery Bypass Grafting (CABG) surgeries on approximately 0.5 million people very year. The growing demand for these procedures and technologically advanced surgical procedures are among few factors anticipated to boost the market over the forecast period.

The presence of favorable reimbursement policies in the U.S. pertaining to CABG surgeries is anticipated to increase the number these surgeries. On July 2016, the Department of Health & Human Services announced that it will begin implementing bundled payment models for high-quality, coordinated cardiac and hip fracture care. The market is highly concentrated with a limited number of products and market players operating in this space. Many studies stated that the open vessels harvesting technique is as effective as minimally invasive vessels harvesting technique. However, the growing awareness regarding benefits of Endoscopic Vessels Harvesting (EVH), such as minimally invasive nature, less complications, and quick recuperation are some of the factors that are anticipated to propel its growth during the forecast period.

Further key findings from the report suggest:

The global endoscopic vessel harvesting system market size was estimated at USD 1,881.7 million in 2016 and is expected to grow at a CAGR of 6.1% from 2017 to 2025

Reusable EVH systems emerged as the largest product segment in 2015 and is estimated to generate revenue over USD 2,136.0 million by 2025

Global disposable EVH systems was USD 639.3 million in 2016 and is anticipated to witness fastest growth over the next 8 years

The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies in the region. The regional market is expected to grow at a CAGR of 7.7% from 2017 to 2025

Some of the key players including 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); and Saphena Medical, Inc. dominated the global endoscopic vessels harvesting systems market.

 Table of Contents

Chapter 1. Methodology and Scope
                 1.1. Research Methodology
                 1.2. Research Scope & Assumptions
                 1.3. List of Data Sources
Chapter 2. Executive Summary
                 2.1. Market Snapshot
Chapter 3. Endoscopic Vessels Harvesting System Market Variables, Trends & Scope
                 3.1. Market Segmentation
                 3.2. Market Dynamics
                      3.2.1. Market driver analysis
                      3.2.2. Market restraint analysis
                 3.3. Key Opportunities Prioritized
                 3.4. Industry Analysis - Porter's
                 3.5. Endoscopic Vessels Harvesting System Market - SWOT Analysis
Chapter 4. Endoscopic Vessels Harvesting System: Product Estimates & Trend Analysis
                 4.1. Endoscopic Vessels Harvesting System Market Share by Product, 2016 & 2025 (USD Million)
                 4.2. Disposable
                      4.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                 4.3. Reusable
                      4.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
Chapter 5. Endoscopic Vessels Harvesting System: Regional Outlook
                 5.1. Endoscopic vessels harvesting system market share by region, 2016 & 2025 (USD Million)
                 5.2. North America 
                      5.2.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      5.2.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.2.3. U.S.
                           5.2.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.2.3.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.2.4. Canada 
                           5.2.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.2.4.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                 5.3. Europe 
                      5.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      5.3.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.3.3. Germany
                           5.3.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.3.3.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.3.4. UK
                           5.3.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.3.4.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                 5.4. Asia Pacific 
                      5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      5.4.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.4.3. China 
                           5.4.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.4.3.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.4.4. Japan 
                           5.4.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.4.4.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                 5.5. Latin America 
                      5.5.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      5.5.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.5.3. Brazil
                           5.5.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.5.3.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.5.4. Mexico 
                           5.5.4.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.5.4.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                 5.6. Middle East & Africa 
                      5.6.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                      5.6.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
                      5.6.3. South Africa
                           5.6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million)
                           5.6.3.2. Market estimates and forecast by product, 2014 - 2025 (USD Million)
Chapter 6. Competitive Landscape
                 6.1. Strategic Framework
                 6.2. MAQUET Holding B.V. & Co. KG
                      6.2.1. Company overview
                      6.2.2. Financial performance
                      6.2.3. Product benchmarking 
                      6.2.4. Strategic initiatives
                 6.3. CARDIO MEDICAL GmbH
                      6.3.1. Company overview
                      6.3.2. Financial performance
                      6.3.3. Product benchmarking 
                      6.3.4. Strategic initiatives
                 6.4. Terumo Cardiovascular Group
                      6.4.1. Company overview
                      6.4.2. Financial performance
                      6.4.3. Product benchmarking 
                      6.4.4. Strategic initiatives
                 6.5. Med Europe S.r.l. (Elite Life Care)
                      6.5.1. Company overview
                      6.5.2. Financial performance
                      6.5.3. Product benchmarking 
                      6.5.4. Strategic initiatives
                 6.6. LivaNova plc. (Sorin and Cyberonics)
                      6.6.1. Company overview
                      6.6.2. Financial performance
                      6.6.3. Product benchmarking 
                      6.6.4. Strategic initiatives
                 6.7. Saphena Medical, Inc.
                      6.7.1. Company overview
                      6.7.2. Financial performance
                      6.7.3. Product benchmarking 
                      6.7.4. Strategic initiatives

List of Tables

TABLE 1 Endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 2 North America endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 3 U.S. endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 4 Canada endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 5 Europe endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 6 Germany endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 7 UK endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 8 Asia Pacific endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 9 China endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 10 Japan endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 11 Latin America endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 12 Brazil endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 13 Mexico endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 14 Middle East & Africa endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 15 South Africa endoscopic vessels harvesting system market estimates and forecast by product, 2014 - 2025 (USD Million)