Cardiovascular Needle Market to Witness an Outstanding Growth of 7.2% by 2027

“Cardiovascular Needle Market”
Cardiovascular needle market research report, by types (round bodied needles, taper point needles) by application, by usage, by end users- global forecast till 2023

Market Research Future adds new report of “Cardiovascular Needle Market – Global Forecast till 2023” it contains Company information, geographical data and Table of Content

Competitive Analysis:

  • Becton, Dickinson and Company (US)
  • B. Braun Melsungen AG (Germany)
  • Sheffield Ltd. (UK)
  • CP Medical, Inc. (US)
  • Ethicon Inc. (US)
  • KLS Martin Group (US)
  • STILLE (Sweden)
  • Sklar Surgical Instruments (US)
  • Rumex International Corporation Ltd. (US)
  • Scanlan International Inc. (US)
  • Teleflex Incorporated (US)
  • Medline Industries, Inc. (US)
  • Surgins surgical Ltd. (UK)
  • Surtex Instruments Ltd. (UK)
  • Cardivon Surgical Inc. (China)
  • Symmetry Surgical Inc. (US)
  • Delacroix-Chevalier (France)
  • Wexler Surgical (US)
  • Quality Needles Pvt. Ltd. (India)
  • FSSB surgical needles GmbH (Germany)

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Market Segmentation:

Global cardiovascular needle market

  • On the basis of Type, is segmented into round bodied needles, taper point needles, conventional cutting needles
  • On the basis of Application, they are segmented into open heart surgery, cardiac valve procedures, heart transplant
  • On the basis of Usage, they are segmented into single use and multiple use and on the basis of end users, hospitals, clinics

Market Highlight:

Cardiovascular needles are used in number of cardiac and vascular interventions to close the surgical wounds. They are used while performing open heart surgery, coronary interventions, heart transplant and many more. According to WHO, more than 35% of world’s population is suffering from major or minor cardiovascular complications making cardiovascular diseases the number 1 cause of death globally. Rising number of people suffering from cardiovascular diseases is the chief factor for the growth of this market. Other factors that propel the growth cardiovascular needle market include increasing incidence of diabetes and obesity, rising geriatric population, adoption of deskbound lifestyle and excessive use of tobacco and alcohol. According to survey conducted by Johnson & Johnson Pvt. Ltd. around 2.5 million cardiovascular surgeries are performed in America every year. However, increasing usage of surgical staples rather than needles and high cost of surgeries has hampered the growth of this market.

The global cardiovascular needle market is expected to grow at a CAGR of 7.2% during forecasted period 2017-2023.

Study objectives global cardiovascular needle market

  • Detailed analysis of global cardiovascular needle market with region specific growth and competitive analysis on the basis of major players present in the market
  • Detailed analysis of global cardiovascular needle market and different drivers and restraints affecting the growth of the market
  • Detailed analysis of the historical and forecasted market analysis on the basis of factors like- Price Analysis, Supply Chain Analysis, Porters Five Force Analysis etc.
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global cardiovascular needle

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Intended Audience

  • Cardiovascular needle manufacturers
  • Cardiovascular needle suppliers
  • Research and Development (R&D) Companies
  • Government Research Laboratories
  • Independent Research Laboratories
  • Government and Independent Regulatory Authorities
  • Market Research and Consulting Service Providers
  • Medical Research Laboratories
  • Academic Medical Institutes and Universities

Regional analysis

Regionally, America accounts the largest market of cardiovascular needles. Increasing number of people suffering from cardiovascular diseases, increasing aging population and rising diabetic population in this region are the major factors for the growth of the market in America. Europe accounts the second largest cardiovascular needle market which is followed by Asia Pacific. Asia Pacific is the fastest growing region for cardiovascular needle market owing to huge number patients suffering from cardiac diseases and increasing healthcare expenditure.

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