“Global Cardiac Surgery Instruments Market by Application (Coronary Artery Bypass Graft, Heart Valve Surgery, Pediatric Surgery, Heart Transplant), Product (Scissors, Needle Holder), & End User (Hospital, ASC) – Forecast to 2022”Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
Prepared by an expert team, the report on the Global Cardiac Surgery Instruments market highlights recent developments, key trends, and new project developments in the market. This research, highlighting the current situation of the Global Cardiac Surgery Instruments market, focuses on answering some of the important questions faced by stakeholders.
What are the key drivers and restraints of the Global Cardiac Surgery Instruments market?
Which leading companies are dominant in the competitive market and which regions do they cover?
By providing answers to all of these questions, the report’s authors also focus on different factors, which would create new growth opportunities in the Global Cardiac Surgery Instruments market.
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The 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%. Major factors driving the growth of this market include growing prevalence of cardiac conditions and the 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 may restrain the growth of this market.
North America dominated the global cardiac surgery instruments market in 2017, with the U.S. accounting for a major share of this regional market. Factors such as high incidence of cardiac diseases, rising awareness programs and increased funding for research projects are likely to drive the growth of the North American market.
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Followed by North America, Europe dominated the global market in 2017. The European market is mainly driven by increasing adoption of surgical procedures in cardiology, growth in European healthcare sector, and awareness programs. However, the Asian market is slated to grow at the highest CAGR owing to the increasing government and private sector investments in healthcare, growing purchasing power and high incidence of cardiac diseases. Some prominent markets in Asia include China, India, and Japan.
The market is fragmented with several global as well as local players. Players offer several products across different subsegments of this market. Key players in this market 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.).
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