Endoscopic vessel harvesting (EVH) is a surgical procedure, generally used to perform the minimally invasive procedures through very tiny incisions with an endoscope. It is an endoscopic approach in the saphenous vein harvesting. Using these systems, radial artery & saphenous vein can be removed from the leg for use as a bypass graft in the coronary surgery. The system’s endoscopic approach improves patient comfort and postoperative recovery after surgery. EVH improves the interim to ambulation, reduces the postoperative pain, length of the hospital stay, readmission, and overall costs. Rise in awareness regarding the benefits of Endoscopic Vessels Harvesting (EVH), for instance fewer complications, minimally invasive nature, and quick recuperation are few of the factors that are expected to propel its growth throughout the forecast period.
As per analysis, “Global Endoscopic Vessel Harvesting Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027” the key companies operating in the global endoscopic vessel harvesting industry include Karl Storz, Cardio Medical, Getinge, Saphena Medical, Medical Instruments, Livanova, Terumo and among others. Increasing investments in research & development (R&D) activities and developing new products should be key parameters to maintain the competitive advantage, with frequent partnerships being undertaken with the aim of diversifying product portfolios and gaining market share.
By type, endoscopic vessel harvesting market can be split into reusable and disposable. Reusable segment holds major share in global market owing to huge adoption of such devices in CABG surgeries and commercial availability of reusable systems. Additionally, disposable segment is expected to exhibit considerable growth rate due to rapid technological improvement in disposable systems coupled with growth in safety concern amongst healthcare professionals during the forecast period. In addition, by application, market can be split into peripheral artery disease and coronary artery disease. The coronary artery disease segment is also expected to exhibit considerable growth rate caused by rise in prevalence of cardiovascular diseases and growth in geriatric population during the forecast period.
Rise in Preference for minimally invasive harvesting, followed by increase in public awareness regarding various coronary surgeries, growth in medical tourism industry, increase in prevalence of cardiovascular diseases, surge in healthcare spending by the government, and growth in geriatric population are some major factors, which are responsible for growth of the Global Endoscopic Vessel Harvesting System Market. However, poor reimbursement scenario for EVH and availability of alternative treatment methods for coronary artery disease may impact the market. Moreover, growth in healthcare sector along with rise in applications from emerging economies is a leading opportunity for market.
Based on geographic analysis, the North-America region dominates the global endoscopic vessel harvesting market owing to launch of the episode-based payment models (EPMs) and hospital readmissions reduction program (HRRP) coupled with high burden of cardiovascular diseases (CVDs) across the region. The Europe and Asia-Pacific regions are anticipated to witness higher growth rate due to growth in adoption of advanced technologies, change in lifestyle and growth in population over the forecast period. It is projected that future of the global endoscopic vessel harvesting market will be optimistic because of growth in popularity of closed tunnel harvesting during the forecast period.
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Global Endoscopic Vessel Harvesting System Market Growth 2021
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