Pune, India -- (SBWire) -- 06/28/2018 --Global Cardiac Surgery Instruments Market By Product (Clamps, Forceps, Scalpel, Scissors, Needle Holder), Application (Coronary Artery Bypass Graft, Heart Valve Surgery, Pediatric Surgery, Heart Transplant), End User (Hospital, ASC), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Major Market Competitors:
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- KLS Martin
- Sklar Surgical Instruments
- Teleflex Incorporated
- Symmetry Surgical Inc.
- STILLE
- Delacroix-Chevalier
- Cardivon Surgical Inc.
- Wexler Surgical
- Medicon eG
- Surgins
- Scanlan International
- Rumex International Corporation
- Taurus Instruments GmbH
- Among others.
Report Analysis:
The global cardiac surgery instruments market accounted to USD 1.12 billion in 2016 growing at a CAGR of 7.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Report Definition:
Cardiac surgery instruments are the specialized instruments and products which are designed to meet the demanding needs of cardiovascular surgeons. The instrument must maintain its quality and design along with fine delicate microsurgical instruments for precise procedure. Some of the instruments are needle holder, scissors, retractors, peripheral vascular, aorta and anastomosis clamps, pediatric instrument, titanium micro instruments and many more.
This report consists of below pages:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
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Report Segmentation:
On the basis of product, global cardiac surgery instruments market is segmented into:
- Clamps
- Forceps
- Scalpel
- Scissors
- Needle Holder
Forceps accounted the largest market share due to its repetitive use and increasing number of cardiac surgery in 2016.
On the basis of application, global cardiac surgery instruments market is segmented into:
- Coronary Artery Bypass Graft
- Heart Valve Surgery
- Pediatric Surgery
- Heart Transplant
Here, coronary artery bypass graft is expected to witness the highest CAGR in the forecast period 2017-2024 due to more number of surgical procedures and increase in cardiac diseases.
On the basis of end user, global cardiac surgery instruments market is segmented into:
- Hospital
- Ambulatory Surgery Centre (ASC)
Hospital is expected the highest market growth in the forecast period due to improved healthcare structure, treatment, increasing number of patients and aging population.
On the basis of geography, global cardiac surgery instruments market report covers data points for 28 countries across multiple geographies such as,
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Market Drivers and Restraints:
- Rising prevalence of cardiac problems
- Growth in geriatric population
- Increasing number of surgical procedure
- More investment and grants by government bodies
- Adoption of alternative surgical methodology
Research Methodology:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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Frequently Asked Questions:
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Cardiac Surgery Instruments Market News 2018: Opportunities, Applications, Drivers, Limitations, Top Companies, Countries & Forecast 2024
The global cardiac surgery instruments market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.