The global coronary artery bypass graft (CABG) market is expected to reach USD 127.6 million by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness lucrative growth over the forecast period, owing to increasing prevalence of Cardiovascular Diseases (CVDs) such as Coronary Artery Disease (CAD) or Coronary Heart Disease (CHD) coupled with rising geriatric population across the globe.
Favorable reimbursement policies, such as the U.S. Medicare (federal health insurance program) system, Medicaid, and National Health Insurance (NHI) have been a prime growth factor for the CABG market. Medical device companies provide new product platforms, which are covered under reimbursement programs that benefit the patients. Reimbursement services provided by Medicare and other insurers to physicians and hospitals is expected to fuel the demand for the adoption of CABG devices such as catheters, cannulae, retractors, positioners & stabilizers, suction devices, and syringes during the forecast period.
Full Research Report On Coronary Artery Bypass Graft Market Analysis: www.grandviewresearch.com/industry-analysis/coronary-artery-bypass-graft-cabg-market
U.S. coronary artery bypass graft (CABG) market, by type, 2014 – 2025 (USD Million)
Further Key Findings from the Study Suggest:
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Global CABG market, by technology, 2016 (USD Million)
Grand View Research has segmented the global CABG market on the basis of type, surgical procedure, technology, technique, and region:
CABG Market: Type Outlook (Revenue, USD Million, 2014 – 2025)
CABG Market: Procedure Outlook (Revenue, USD Million, 2014 – 2025)
CABG Market: Technology Outlook (Revenue, USD Million, 2014 – 2025)
CABG Market: Technique Outlook (Revenue, USD Million, 2014 – 2025)
CABG Market: Regional Outlook (Revenue, USD Million, 2014 – 2025)
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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