Global Endoscopic Vessel Harvesting Market Research Report and Forecast is an investigative report providing an extensive study of the global Endoscopic Vessel Harvesting market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Endoscopic Vessel Harvesting market on the global and regional scale, along with a thorough forecast estimation.
The Endoscopic Vessel Harvesting Market is a significant segment within the medical industry that focuses on the development and distribution of devices used for minimally invasive harvesting of blood vessels during surgical procedures. Endoscopic vessel harvesting (EVH) techniques enable surgeons to obtain blood vessels, such as the saphenous vein, for use in coronary artery bypass grafting (CABG) and other vascular surgeries. These minimally invasive procedures offer several advantages over traditional open harvesting, including reduced patient discomfort, faster recovery times, and improved cosmetic outcomes.
The industry overview of the Endoscopic Vessel Harvesting Market highlights its importance in cardiovascular surgery and the growing adoption of minimally invasive techniques. The market is driven by several factors, including the increasing prevalence of cardiovascular diseases, the demand for improved patient outcomes, and advancements in endoscopic technologies. The global Endoscopic Vessel Harvesting (EVH) market size was USD 471.6 Million in 2022 and is expected to register a revenue CAGR of 3.6% during the forecast period.
Several drivers contribute to the growth of this market. Firstly, the rising prevalence of cardiovascular diseases, such as coronary artery disease, has led to an increased demand for endoscopic vessel harvesting techniques. According to the World Health Organization (WHO), cardiovascular diseases are the leading cause of death globally, accounting for approximately 17.9 million deaths each year. EVH techniques offer a less invasive approach to harvesting blood vessels, reducing the risk of complications and improving patient outcomes.
Additionally, the demand for improved patient outcomes and faster recovery times has fueled the adoption of endoscopic vessel harvesting. Minimally invasive procedures, such as EVH, are associated with reduced postoperative pain, shorter hospital stays, and quicker return to normal activities. These benefits have led to a growing preference for endoscopic techniques among both patients and surgeons.
Moreover, advancements in endoscopic technologies have played a crucial role in driving market growth. The development of specialized endoscopic instruments, such as endoscopic vein harvesters and video-assisted systems, has improved the precision and efficiency of vessel harvesting procedures. These technologies enable surgeons to visualize and manipulate blood vessels with enhanced accuracy, facilitating a more precise and controlled harvesting process.
However, the Endoscopic Vessel Harvesting Market also faces certain restraints. The high cost of endoscopic vessel harvesting devices and the need for specialized training and expertise in performing these procedures may limit their adoption, particularly in resource-limited settings. Additionally, concerns regarding the long-term patency and durability of endoscopically harvested vessels need to be addressed to ensure optimal patient outcomes.
Government organizations play a crucial role in monitoring and regulating the healthcare industry. While specific statistics related to the Endoscopic Vessel Harvesting Market may not be readily available, government organizations such as the American Heart Association (AHA) and the National Institutes of Health (NIH) provide valuable information on cardiovascular diseases and surgical techniques. For instance, the AHA reports that cardiovascular diseases account for approximately 836,546 deaths in the United States each year.
In the Global Endoscopic Vessel Harvesting Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Endoscopic Vessel Harvesting industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Endoscopic Vessel Harvesting market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.
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In view of the current COVID-19 pandemic, the growth of the Endoscopic Vessel Harvesting industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Endoscopic Vessel Harvesting sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Endoscopic Vessel Harvesting industry.
Key Companies Profiled in the Report:
Terumo Medical Corporation, Getinge, Stryker, Zimmer Biomet., Smith+Nephew, NuVasive, Inc., CONMED Corporation., Wright Medical Group N.V., Cardiomedical GmbH, and Saphena Medical, Inc
- Besides offering a vivid depiction of the global Endoscopic Vessel Harvesting business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Key regions in the market include:
- North America
- Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
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Endoscopic Vessel Harvesting Market Segmentation:
Product Outlook (Revenue, USD Million; 2019-2032)
- EVH Systems
Usability Outlook (Revenue, USD Million; 2019-2032)
Vessel Types Outlook (Revenue, USD Million; 2019-2032)
- Radial Artery
- Saphenous Vein
Key Benefits for Stakeholders:
- The report provides an extensive analysis of the current and future trends in the global minimally invasive surgical systems market to elucidate the imminent investment pockets.
- A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.
- Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization & documentation systems used in minimally invasive surgeries.
- A comprehensive analysis of the geographical landscape provides detailed information about various regions across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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