US Cardiovascular Surgery Devices Market to Grow at a CAGR of 7% During 2011-2015

Significant growth is likely to originate from patients with end-stage heart failure for cardiac assist devices, says RNCOS.


Noida, UP -- (SBWire) -- 12/02/2013 --According to a new report by RNCOS, “US Cardiac Device Market Analysis”, The US market for cardiovascular surgery devices, which comprises of heart valves, cardiac assist devices and perfusion systems, is expected to be a US$ 1.8 Billion market by the end of 2015. The US market for cardiovascular surgery devices is dominated by heart valves, followed by cardiac assist devices and perfusion systems. In future, a considerable growth is likely to originate from cardiac assist devices as the scarcity of donor hearts for transplantation shall lead to an augment in the acceptance of cardiac assist devices in patients with end-stage heart failure.

Our research reveals that despite being a good revenue generator for the US cardiac device market, the segment of cardiovascular surgery devices is facing stiff resistance to its growth and increased competition from transcatheter and endovascular alternatives due to their less invasive nature.

Our report covers all the key aspects of the US cardiac medical devices market and effectively analyzes its current status and expected position in the future. Moreover, it analyzes the current performance of industry segments (cardiac rhythm management, interventional cardiology and cardiovascular surgery) and the share of other sub-segments. It also elaborates the regulatory framework associated with cardiac devices and investigates the role of key authorities in it.

The report, which is an outcome of an extensive research and in-depth analysis, facilitates the future forecasts on overall US cardiac medical devices market size during 2012-2015. It analyzes the opportunity assessment for companies in the US cardiac medical devices market by providing prudent analysis of competitors’ profiling that covers areas like business description, financial overview, strengths & weaknesses and key developments. Overall, the report is meant to provide clients with an optimum source of knowledge and statistics in the US cardiac medical devices sector.

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.

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