The latest market report published by Credence Research, Inc. “Global Endoscopic Vessel Harvesting System Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 - 2023,” the global endoscopic vessel harvesting system market was valued at USD 1,788.2 Mn in 2015, and is expected to reach USD 3,023.9 Mn by 2023, expanding at a CAGR of 6.7% from 2016 to 2023.
Browse the full report Global Endoscopic Vessel Harvesting System Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 at http://www.credenceresearch.com/report/endoscopic-vessel-harvesting-systems-market
Market Insights
Introduction of endoscopic vessel harvesting (EVH) in 1996 turned-out to be a significant breakthrough in the field of modern cardiac surgery and since then it has evolved into a more precise and accurate cardiac surgery system. EVH has made cardiac surgery less invasive, safer and also promotes earlier recovery. Since its introduction EVH has captured a significant position in standard critical care with approximately 80% of coronary artery bypass grafting procedures in the U.S. are performed using EVH, where EVH is already considered as a standard of care. Clinical evidences report that EVH procedures result in less muscle and tissue damage, and thus reduce surgical trauma to the patients, reduces the risk of infection along with that of wound healing complications. Along with the documented short-term benefits of EVH, several studies have also reported on the quality of harvested vessel for bypass. A number of studies has established equivalent graft patency with open vessel harvesting (OVH). Overall, the EVH market is specifically concentrated in nature, with a limited number of products in circulation. Such commercially available systems are equipped with proprietary technologies and methods of operation.
Inclination towards use of minimally invasive techniques, is the major driving factor for EVH market, other benefits includes less scaring, less risk of infection. With evolving techniques and technology leading to reduction in learning curve for surgeon, which has led to surgeon to introduce this technique in standard clinical practice. Thus with rising prevalence cardiovascular disease in geriatric population, along with acceptance of the technology by the surgeon, will give boost to the endoscopic vessel harvesting system market. Overall, the EVH market is specifically concentrated in nature, with a limited number of products in circulation. Such commercially available systems are equipped with proprietary technologies and methods of operation. Based on the type of brand, the Global Endoscopic Vessel Harvesting Systems Market is segmented as follows:
Market Competition Assessment:
This market is highly concentrated and competitive with limited number of companies operating. Key players in the global EVH systems market are MAQUET Holdings, Terumo Corporation, LivaNova plc., Med Europe S.r.l., and Cardio Medical GmbH.
Key Market Movements:
Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot – Endoscopic Vessel Harvesting Systems
Chapter 3 Global Precision Medicine Market Overview
3.1 Global Endoscopic Vessel Harvesting System Market: Overview
3.2 Market Evolution and Future Outlook
3.3 Market Dynamics
3.3.1 Market Driver
3.3.1.1 Growing preference for minimally invasive procedures
3.3.1.2 Evolving techniques and technology leading to reduction in learning curve
3.3.2 Market Challenges
3.3.2.1 Availability of procedure substitution
3.3.3 Market Opportunities
3.3.3.1 Market penetration in emerging economies
3.4 Endoscopic Vessel Harvesting Systems Market: Attractive Investment Proposition
3.5 Market Share Analysis of Key Manufactures in Endoscopic Vessel Harvesting Systems Market
Chapter 4 Global Endoscopic Vessel Harvesting System Market Analysis, By Brands
4.1 VirtuoSaph Plus (Terumo) – Product Specification
4.2 MAQUET EVH Systems – Product Specification
4.3 VascuClear (LivaNova)– Product Specification
4.4 Cardio Vision (Cardio Medical) – Product Specification
4.5 Venapax (Saphena Medical) – Product Specification
4.6 Endoperfect System (Med Europe S.r.l.)- Product Specification
Chapter 6 Company Profiles
6.1 MAQUET Holding B.V. & Co. KG
6.1.1 MAQUET Holding B.V. & Co. KG: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.2 CARDIO MEDICAL GmbH
6.2.1 CARDIO MEDICAL GmbH: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.3 Terumo Cardiovascular Group
6.3.1 Terumo Cardiovascular Group: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.4 Med Europe S.r.l. (Elite Life Care)
6.4.1 Med Europe S.r.l. (Elite Life Care): Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.5 LivaNova plc. (Sorin and Cyberonics)
6.5.1 LivaNova plc. (Sorin and Cyberonics): Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.6 Saphena Medical, Inc.
6.6.1 Saphena Medical, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
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About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph.: 1-800-361-8290
Website: http://www.credenceresearch.com
Browse the full report Global Endoscopic Vessel Harvesting System Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023 at http://www.credenceresearch.com/report/endoscopic-vessel-harvesting-systems-market
Market Insights
Introduction of endoscopic vessel harvesting (EVH) in 1996 turned-out to be a significant breakthrough in the field of modern cardiac surgery and since then it has evolved into a more precise and accurate cardiac surgery system. EVH has made cardiac surgery less invasive, safer and also promotes earlier recovery. Since its introduction EVH has captured a significant position in standard critical care with approximately 80% of coronary artery bypass grafting procedures in the U.S. are performed using EVH, where EVH is already considered as a standard of care. Clinical evidences report that EVH procedures result in less muscle and tissue damage, and thus reduce surgical trauma to the patients, reduces the risk of infection along with that of wound healing complications. Along with the documented short-term benefits of EVH, several studies have also reported on the quality of harvested vessel for bypass. A number of studies has established equivalent graft patency with open vessel harvesting (OVH). Overall, the EVH market is specifically concentrated in nature, with a limited number of products in circulation. Such commercially available systems are equipped with proprietary technologies and methods of operation.
Inclination towards use of minimally invasive techniques, is the major driving factor for EVH market, other benefits includes less scaring, less risk of infection. With evolving techniques and technology leading to reduction in learning curve for surgeon, which has led to surgeon to introduce this technique in standard clinical practice. Thus with rising prevalence cardiovascular disease in geriatric population, along with acceptance of the technology by the surgeon, will give boost to the endoscopic vessel harvesting system market. Overall, the EVH market is specifically concentrated in nature, with a limited number of products in circulation. Such commercially available systems are equipped with proprietary technologies and methods of operation. Based on the type of brand, the Global Endoscopic Vessel Harvesting Systems Market is segmented as follows:
- VirtuoSaph Plus
- MAQUET EVH Systems
- VascuClear
- Cardio Vision
- Venapax
- Endoperfect System
Market Competition Assessment:
This market is highly concentrated and competitive with limited number of companies operating. Key players in the global EVH systems market are MAQUET Holdings, Terumo Corporation, LivaNova plc., Med Europe S.r.l., and Cardio Medical GmbH.
Key Market Movements:
- Growing preference for minimally invasive procedures
- Technological evolution has played a significant role in allowing stability to EVH market. Since its introduction, EVH technology has undergone several transformations and the manufacturers have introduced refinements to make EVH procedures easier, faster and safer.
- Further growth in awareness about benefits offered by EVH such as overall cost saving, equal efficacy as of open harvesting, quick recuperation, etc. will lead to growth in demand for EVH systems in developing economies.
- The key factors responsible for significant growth of EVH systems market in is due to factors such as high growth of geriatric population and awareness programs among surgeons, rising prevalence of cardiovascular diseases and high demand for minimally invasive and cost efficient surgery
Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot – Endoscopic Vessel Harvesting Systems
Chapter 3 Global Precision Medicine Market Overview
3.1 Global Endoscopic Vessel Harvesting System Market: Overview
3.2 Market Evolution and Future Outlook
3.3 Market Dynamics
3.3.1 Market Driver
3.3.1.1 Growing preference for minimally invasive procedures
3.3.1.2 Evolving techniques and technology leading to reduction in learning curve
3.3.2 Market Challenges
3.3.2.1 Availability of procedure substitution
3.3.3 Market Opportunities
3.3.3.1 Market penetration in emerging economies
3.4 Endoscopic Vessel Harvesting Systems Market: Attractive Investment Proposition
3.5 Market Share Analysis of Key Manufactures in Endoscopic Vessel Harvesting Systems Market
Chapter 4 Global Endoscopic Vessel Harvesting System Market Analysis, By Brands
4.1 VirtuoSaph Plus (Terumo) – Product Specification
4.2 MAQUET EVH Systems – Product Specification
4.3 VascuClear (LivaNova)– Product Specification
4.4 Cardio Vision (Cardio Medical) – Product Specification
4.5 Venapax (Saphena Medical) – Product Specification
4.6 Endoperfect System (Med Europe S.r.l.)- Product Specification
Chapter 6 Company Profiles
6.1 MAQUET Holding B.V. & Co. KG
6.1.1 MAQUET Holding B.V. & Co. KG: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.2 CARDIO MEDICAL GmbH
6.2.1 CARDIO MEDICAL GmbH: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.3 Terumo Cardiovascular Group
6.3.1 Terumo Cardiovascular Group: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.4 Med Europe S.r.l. (Elite Life Care)
6.4.1 Med Europe S.r.l. (Elite Life Care): Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.5 LivaNova plc. (Sorin and Cyberonics)
6.5.1 LivaNova plc. (Sorin and Cyberonics): Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
6.6 Saphena Medical, Inc.
6.6.1 Saphena Medical, Inc.: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
Request Free Customization for This Report: http://www.credenceresearch.com/request-for-customization/58224
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph.: 1-800-361-8290
Website: http://www.credenceresearch.com
