Healthcare

Global Cardiac Surgery Instruments Market accounted to $ USD 2.90 billion growing at a significant CAGR of 6.9% during the forecast by 2026

Global Cardiac Surgery Instruments Market

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.

 

Analysis of Global Cardiac Surgery Instruments Market report:

Global Cardiac Surgery Instruments Market accounted to USD 1.70 billion in 2018 growing at a significant CAGR of 6.9% during the forecast period of 2019 to 2026 and expected to reach USD 2.90 billion by 2026.

 

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Market Drivers

  • Increase in diabetic population, increased consumption of alcohol, rising obese population, increase in hypertension, aging population are the main drivers of the market.
  • Increasing number of surgical procedure will drive the market.

 

Market Restraints

  • Strict regulations by the government bodies will hamper the market.
  • Adoption of alternative surgical methodology will restrain the growth of market.

 

Leading Key players profiled in this report are:

Few of the major competitors currently working in the cardiac surgery instruments market are B. Braun Melsungen AG (Germany), BD (US), KLS Martin Group (US), Sklar Surgical Instruments (US), Teleflex Incorporated (US), SYMMETRY SURGICAL INC (US), STILLE (Sweden), Delacroix-Chevalier (France), Cardivon Surgical Inc. (China), Boss Instruments, Ltd (US)  Wexler Surgical (US), Medicon eG (Germany), Surgins (UK), Scanlan International (US), Rumex International Co. (US), SIM Surgical (US), Gebrüder Martin GmbH & Co. KG (Germany), MedServ International (Germany), Surtex Instruments Limited (UK) and Taurus Instruments AG (Germany) among others

 

Global Cardiac Surgery Instruments Market Segmentation:

By Product

  • Clamps
  • Forceps
  • Vascular Forceps
  • Grasping Forceps
  • Other Forceps
  • Scalpel
  • Scissors
  • Needle Holder

By Application

  • Coronary Artery Bypass Graft
  • Heart Valve Surgery
  • Pediatric Surgery
  • Heart Transplant

By Type of Material

  • Stainless Steel
  • Tungsten Carbide
  • and others

By End-user

  • Hospital
  • ASC

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific

 

Competitive Analysis:

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. The report includes market shares of cardiac surgery instruments market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

 

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The Global Cardiac Surgery Instruments Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Cardiac Surgery Instruments Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

 

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