Cardiac Surgery Instruments Market Size Is Expected To Reach USD 1.75 Billion With Growing CAGR of 6.9% By 2023

Cardiac Surgery Instruments Market Size Is Expected To Reach USD 1.75 Billion With Growing CAGR of 6.9% By 2023

“Cardiac Surgery Instruments Market”
Cardiac surgery Instruments Market Analysis By Type of Material (Stainless Steel, Tungsten Carbide), Application (Coronary Artery Bypass Grafting (CABG), Valve Repair or Replacement, Aneurysm Repair, Heart transplant), End User, Leading Players and Regional Insights, Forecast To 2023

Market Scope

Cardiac Surgery Instruments Market Size Is Expected To Reach USD 1.75 Billion With Growing CAGR of 6.9% over the forecast period (2016-2023). With the increasing number of people suffering from heart problems across the globe, the rate of cardiac surgeries is also on the rise. Cardiac surgery comprises various types of procedures, which are performed by a cardiac surgeon. This type of surgery helps in treating cardiac complications, including atherosclerosis, ischemic heart diseases, heart failure, and coronary artery diseases. The instruments used for performing cardiac surgery are cardiopulmonary bypass equipment, beating heart surgery systems, perfusion disposable and cardiac ablation devices.

Trade pundits have noted a steady growth of the worldwide cardiac surgery instruments market in recent years. The increasing incidences of cardiac diseases, expanding geriatric population and growing investments by government bodies have benefitted the market. But the surge in adoption of alternative surgical techniques could have a debilitating effect on the market in the years ahead.  On the bright side, mounting cases of obesity, technological advancement in cardiac instruments, and poor nutrition are perceived to expand the market’s size in the ensuing years.

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Cardiac Surgery Instruments Market Competitive Analysis:

The key companies competing in the Cardiac Surgery Instruments Market are

• Surtex Instruments Limited (UK)
• Stryker (US)
• STILLE (Sweden)
• Delacroix-Chevalier (France)
• SIM Surgical (US)
• Gebrüder Martin GmbH & Co. KG (Germany)
• Braun Melsungen AG (Germany)
• MedServ International (Germany)
• Johnson & Johnson Services, Inc. (US)

Cardiac Surgery Instruments Market Segmentation

Cardiac surgery Instruments market has been segmented on the basis of type, application, type of material, and end-user.

The types of cardiac surgery instruments are forceps, graspers, clamps, scissors, retractors, spreaders, graspers, and others.

With respect to application, the market caters to coronary artery bypass grafting (CABG), valve repair or replacement, aneurysm repair, heart transplant, and others.

The types of materials covered by the report are stainless steel, tungsten carbide, and others.

The end-user-based segments in the market are hospitals and ambulatory surgery centers.

Cardiac Surgery Instruments Market Regional Insight

The Cardiac Surgery Instruments Industry is spread across the primary regions of Asia Pacific, Europe, North America, and the rest of the world (RoW).

• North America
• US
• Canada
• South America

• Western Europe
• Germany
• UK
• France
• Italy
• Spain
• Rest Of Western Europe
• Eastern Europe

• Japan
• China
• India
• Australia
• Republic Of Korea
• Rest Of Asia Pacific

Middle East & Africa
• United Arab Emirates
• Saudi Arabia
• Oman
• Kuwait
• Qatar
• Rest Of Middle East & Africa

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