Published Date: July 2024
Sensors and cameras are the most important components of autonomous vehicles. Lidar acts as an eye for self-driving vehicles since it gives a 360-degree picture of the environment, allowing vehicles to travel safely on their own. Many autonomous vehicles use it to navigate their surrounds in real time. Its benefits include accurate depth perception, which allows LiDAR to determine the distance to an object to within a few centimetres, even at distances of up to 60 metres. It's also great for 3D mapping, which means returning cars can navigate the area more predictably, which is a big plus for most self-driving technology. Cardiac Surgery Equipment Market Size was valued at US$ 1.8 billion in 2024 and is expected to grow at a CAGR of 3.7% to reach US$ 2.6 billion by 2034.
The report "Cardiac Surgery Equipment Market Size, Share, By Product (Scalpel, Scissors, Needle Holder Clamps, Forceps), By Application (Coronary Artery Bypass Graft, Heart Valve Surgery, Pediatric Surgery and Heart Transplant), By End-User (Hospitals and ASC) and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034"
Key Highlights:
- In Nov 2021, MDoloris Medical Systems, a leader in the field of objective pain monitoring under anaesthesia, has announced that its HFVI MOC-9, or High Frequency Variability Index monitor, has received regulatory clearance and marketing approval in Japan. In Japan, MDoloris' HFVI MOC-9 Technology is the first monitoring solution for analgosedation and anaesthetic patients.
Analyst View:
The growth of cardiovascular disorders, the rise in the incidence of heart attacks and strokes, the rise in demand for minimally invasive procedures, and the rise in spending per capita income are all driving forces in this industry. Other important driving drivers in the cardiac surgery market are an ageing population, consumers' unhealthy and stressful lifestyles, obesity-related disorders, technological advancements, and innovation. Furthermore, all of the aforementioned causes have contributed to an increase in the demand for cardiac surgery in both developed and developing countries. With so many benefits and wonderful features, cardiac surgical gadgets also have a few drawbacks. The market for cardiac surgery is being held back by high investment costs and a scarcity of professional/skilled surgeons.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Cardiac Surgery Equipment Market Size, Share, By Product (Scalpel, Scissors, Needle Holder Clamps, Forceps), By Application (Coronary Artery Bypass Graft, Heart Valve Surgery, Pediatric Surgery and Heart Transplant), By End-User (Hospitals and ASC) and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034"
Key Market Insights from the report:
Cardiac Surgery Equipment Market Size was valued at US$ 1.8 billion in 2024 and is expected to grow at a CAGR of 3.7% to reach US$ 2.6 billion by 2034. The Cardiac Surgery Equipment Market is segmented based on instrument type, sales channel, application, end-user and region.
- Based on Instrument Type, Cardiac Surgery Equipment Market is segmented into Forceps, Scissors, Clamps and Dilators, Needle Holders and Needles, Retractors and Rongeurs, Others.
- Based on Sales Channel, Cardiac Surgery Equipment Market is segmented into Online Retailing, Offline Retailing.
- Based on Application, Cardiac Surgery Equipment Market is segmented into Coronary Artery Bypass Grafting (CABG), Heart Valve Repair and Replacement, Implantable Cardioverter Defibrillator (ICD), Paediatric Cardiac Surgery, Heart Transplant, Others.
- Based on End-User, Cardiac Surgery Equipment Market is segmented into Hospitals, Cardiac Clinics, Ambulatory Surgery Centers, Others.
- By Region, the Cardiac Surgery Equipment Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Cardiac Surgery Equipment Market:
The key players operating in the car subscription market are B. Braun Melsungen AG, KLS Martin Group, Sklar Surgical Instruments, Teleflex Incorporated, Symmetry Surgical, Inc., STILLE, Delacroix-Chevalier (France), Cardivon Surgical Inc., Boss Instruments Ltd (U.S.), Wexler Surgical (U.S.), Medicon eG (Germany), Surgins (U.K.), Scanlan International (U.S.), Rumex International Co. (U.S.), and SIM Surgical (U.S.).
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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