Cardiac Surgery Instruments Market worth 1.63 Billion USD by 2022
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) - Global Forecast to 2022
(EMAILWIRE.COM, February 06, 2021 ) The report "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) - Global Forecast to 2022", analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia, and Rest of the World (RoW)
Browse 82 market data tables and 34 figures spread through 150 pages and in-depth TOC on "Cardiac Surgery Instruments Market - Global Forecast to 2022"
<||>rnhttps://www.marketsandmarkets.com/Market-Reports/cardiac-surgery-instrument-market-162566843.html
Early buyers will receive 10% customization on reports.
The global Cardiac Surgery Instruments Market is expected to reach USD 1.63 Billion by 2022 from USD 1.16 Billion in 2017, at a CAGR of 7.1%. The growth of the market is mainly driven by factors such as growing prevalence of cardiac conditions and subsequent increase in the number of surgical procedures, rising geriatric population, and growing investments, funds, and grants by government bodies worldwide. However, adoption of alternative surgical methods and lack of Medicare payments are the major factors that may restrain the growth of this market to a certain extent during the forecast period.
The report segments the market based on products, applications, end user, and region. On the basis of products, the market is segmented into forceps, scissors, needle holders, clamps, and other cardiac surgery instruments. Forceps are expected to account for the largest share of the market, in 2017. The growth of the forceps segment is attributed to the increase in the number of cardiac surgery procedures and the repeated use of forceps in most surgeries.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162566843
Based on application, the market is further segmented into coronary artery bypass graft (CABG), heart valve surgery, pediatric cardiac surgery, and other applications. CABG segment is expected to grow at the highest CAGR during the forecast period. CABG forms the largest and fastest-growing application segment of the market. This is mainly attributed to the high incidence of cardiac diseases and resulting increase in the number of surgical procedures.
The market is highly fragmented with several big and emerging players. Key market players include
Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Teleflex Incorporated (U.S.), Medline Industries, Inc. (U.S.), KLS Martin Group (U.S.), Stille (Sweden), Sklar Surgical Instruments (U.S.), Symmetry Surgical Inc. (U.S.), Delacroix-Chevalier (France), Wexler Surgical (U.S.), Surgins (U.K.), Surtex Instruments Ltd. (U.K.), Cardivon Surgical Inc. (China), Rumex International Corporation (U.S.), and Scanlan International (U.S.).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Browse 82 market data tables and 34 figures spread through 150 pages and in-depth TOC on "Cardiac Surgery Instruments Market - Global Forecast to 2022"
<||>rnhttps://www.marketsandmarkets.com/Market-Reports/cardiac-surgery-instrument-market-162566843.html
Early buyers will receive 10% customization on reports.
The global Cardiac Surgery Instruments Market is expected to reach USD 1.63 Billion by 2022 from USD 1.16 Billion in 2017, at a CAGR of 7.1%. The growth of the market is mainly driven by factors such as growing prevalence of cardiac conditions and subsequent increase in the number of surgical procedures, rising geriatric population, and growing investments, funds, and grants by government bodies worldwide. However, adoption of alternative surgical methods and lack of Medicare payments are the major factors that may restrain the growth of this market to a certain extent during the forecast period.
The report segments the market based on products, applications, end user, and region. On the basis of products, the market is segmented into forceps, scissors, needle holders, clamps, and other cardiac surgery instruments. Forceps are expected to account for the largest share of the market, in 2017. The growth of the forceps segment is attributed to the increase in the number of cardiac surgery procedures and the repeated use of forceps in most surgeries.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=162566843
Based on application, the market is further segmented into coronary artery bypass graft (CABG), heart valve surgery, pediatric cardiac surgery, and other applications. CABG segment is expected to grow at the highest CAGR during the forecast period. CABG forms the largest and fastest-growing application segment of the market. This is mainly attributed to the high incidence of cardiac diseases and resulting increase in the number of surgical procedures.
The market is highly fragmented with several big and emerging players. Key market players include
Becton, Dickinson and Company (U.S.), B. Braun Melsungen AG (Germany), Teleflex Incorporated (U.S.), Medline Industries, Inc. (U.S.), KLS Martin Group (U.S.), Stille (Sweden), Sklar Surgical Instruments (U.S.), Symmetry Surgical Inc. (U.S.), Delacroix-Chevalier (France), Wexler Surgical (U.S.), Surgins (U.K.), Surtex Instruments Ltd. (U.K.), Cardivon Surgical Inc. (China), Rumex International Corporation (U.S.), and Scanlan International (U.S.).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact Information:
360Quadrants
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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360Quadrants
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results