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Mature US and European coronary artery bypass graft device markets will Shrink through 2021
Date:7/11/2013

TORONTO, July 11, 2013 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, declines in isolated coronary artery bypass graft (CABG) procedures in the United States and Europe will primarily be attributed to the increasing use of percutaneous coronary intervention (PCI), which is less invasive and offers shorter recovery times. In particular, younger patients or patients with less severe coronary artery disease are increasingly being referred for PCIs.

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The average age of patients undergoing CABG procedures is therefore rising, and these patients are more likely to suffer from other heart-related diseases that will also require treatment. As a result, the proportion of CABG surgeries performed at the same time as other procedures, such as open surgical heart valve procedures or surgical ablations, will expand, which will help to sustain overall CABG procedure volumes through 2021.

In the US and Europe, there will be a slight increase in revenues for devices used in endoscopic vessel harvesting (EVH) because they are less invasive compared to traditional vessel harvesting techniques. There are minor differences, however, between the EVH device segments in the two regions. In the US, adoption of EVH devices is already close to saturation; therefore, the shift to premium-priced EVH devices will primarily drive the market.

"In Europe, there is still potential for EVH use to grow because in the past, physicians preferred less expensive traditional methods," said MRG Analyst Tony Su. "However, as patients and surgeons become increasingly aware of the clinical benefits of EVH devices, their use in CA
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SOURCE Millennium Research Group
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