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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.
The study on the Global Endoscopic Vessel Harvesting Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Endoscopic Vessel Harvesting market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Endoscopic Vessel Harvesting industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Endoscopic Vessel Harvesting industry.
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Competitive Outlook: The leading companies operating in the Endoscopic Vessel Harvesting market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Endoscopic Vessel Harvesting Market and Profiled in the Report are:
Terumo Medical Corporation, Getinge, Stryker, Zimmer Biomet., Smith+Nephew, NuVasive, Inc., CONMED Corporation., Wright Medical Group N.V., Cardiomedical GmbH, and Saphena Medical, Inc
Objectives of the Report:
Study of the global Endoscopic Vessel Harvesting market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Endoscopic Vessel Harvesting market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Endoscopic Vessel Harvesting market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Endoscopic Vessel Harvesting market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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