Cardiac Surgery Equipment Market, By Instrument Type (Forceps, Scissors, Clamps and Dilators, Needle Holders and Needles, Retractors and Rongeurs, Others), By Sales Channel (Online Retailing, Offline Retailing), By Application (Coronary Artery Bypass Grafting (CABG), Heart Valve Repair and Replacement, Implantable Cardioverter Defibrillator (ICD), Pediatric Cardiac Surgery, Heart Transplant, Others),By End User (Hospitals, Cardiac Clinics, Ambulatory Surgery Centers, Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI480721 | Publish Date: March 2024 | No. of Pages: 170

Global Cardiac Surgery Equipment Market Overview

Heart surgeons conduct cardiac surgery to treat heart issues or diseases such as rectify congenital heart disease, valvular heart disease, and ischemic heart disease. When performing heart surgery, the most common risk is neurological injury. Patients who are at risk for stroke have a higher risk of having a stroke, which occurs in about 2% to 3% of persons who have heart surgery. When the patient's heart is open, open heart surgery is conducted on the inside structure of the heart. There are three different types of heart surgeries: endoscopic surgery (in which a surgeon uses a camera and specific endoscopic tools to complete the surgery), open heart surgery (in which the heart is temporarily stopped and a machine pumps the blood and oxygen for the patient), and open heart surgery (in which the heart is temporarily stopped and a machine pumps the blood and oxygen for the patient). Robot aided heart surgery is another type of heart surgery that is gaining prominence. It is a machine that operates under the supervision of cardiac surgeons. The Global Cardiac Surgery Equipment Market accounted for US$ 1.48 billion in 2020 and is estimated to be US$ 3.04 billion by 2030 and is anticipated to register a CAGR of 7.50%.

Global Cardiac Surgery Equipment Market Dynamics

Increasing heart disease due to changing lifestyle will drive the growth of the Market

The main causes of heart disease in people all over the world are junk food consumption, a sedentary lifestyle, and mental stress. For instance, According to the World Health Organization, cardiovascular illnesses claim the lives of 17.9 million people globally, accounting for 31.0 percent of all deaths. Around 23.6 million people are predicted to die from cardiovascular diseases by 2030. Furthermore, smoking and tobacco use are likely to be responsible for a significant portion of these deaths. According to research conducted by the American Heart Association, cardiovascular illnesses caused more than 8 lakh deaths in the United States in 2016. These diseases have been found to claim more lives than cancer and chronic lower respiratory disease combined. Every day, approximately 2,300 Americans die from cardiovascular diseases, with one death every 38 seconds.

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.

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Global Cardiac Surgery Equipment Market Segmentation

Cardiac Surgery Equipment Market is segmented based on instrument type, sales channel, application, end-user and region.

On the basis of Instrument Type, the Cardiac Surgery Equipment Market is segmented into Forceps, Scissors, Clamps and Dilators, Needle Holders and Needles, Retractors and Rongeurs, Others. Based on Sales Channel, the target market is segmented into Online Retailing, Offline Retailing. Based on Application, the target market is segmented into Coronary Artery Bypass Grafting (CABG), Heart Valve Repair and Replacement, Implantable Cardioverter Defibrillator (ICD), Pediatric Cardiac Surgery, Heart Transplant, Others. Based on End-User, the target market is segmented into Hospitals, Cardiac Clinics, Ambulatory Surgery Centers, Others.

Regional Insights:                                                

On region the Cardiac Surgery Equipment Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Because of its well-established healthcare sector, North America led the market in 2018. The region is also predicted to be driven by an increase in the number of surgeries and a rise in the incidence of heart illnesses. Furthermore, the widespread use of improved surgical instruments and devices fuels growth. Due to the expanding geriatric population, Europe is likely to grab a large market share throughout the projection period. The healthcare sector is improving, and the adoption of innovative medical items is increasing.

Asia Pacific is predicted to have the fastest growth rate. In developing economies, improvements in healthcare facilities and reimbursement policies are critical to prosperity. Due to its large senior population and rapidly rising economy, China led this market in 2018. Furthermore, during the forecast period, an increasing number of cardiac procedures is expected to promote growth.

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Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Instrument Type- Forceps, Scissors, Clamps and Dilators, Needle Holders and Needles, Retractors and Rongeurs, Others

By Sales Channel– Online Retailing, Offline Retailing

By Application- Coronary Artery Bypass Grafting (CABG), Heart Valve Repair and Replacement, Implantable Cardioverter Defibrillator (ICD), Pediatric Cardiac Surgery, Heart Transplant, Others

By End-User- Hospitals, Cardiac Clinics, Ambulatory Surgery Centers, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Cardiac Surgery Equipment Market report based on Instrument Type, Sales Channel, Application, End-User and region.

Cardiac Surgery Equipment Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Cardiac Surgery Equipment Market Key Players

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.).

Global Cardiac Surgery Equipment Market Company Profile

  • B. Braun Melsungen AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sklar Surgical Instruments
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KLS Martin Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Teleflex Incorporated
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Symmetry Surgical
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Delacroix-Chevalier
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cardivon Surgical Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Boss Instruments Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Cardiac Surgery Equipment Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Autonomous Cardiac Surgery Equipment Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Instrument Type
      • Market Snippet, By Sales Channel
      • Market Snippet, By Application
      • Market Snippet, By End-User
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Cardiac Surgery Equipment Market, By Instrument Type, 2020 – 2030, (US$ Mn)
    • Overview                                                         
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Forceps
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Scissors
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Clamps and Dilators
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Needle Holders and Needles
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Retractors and Rongeurs
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Cardiac Surgery Equipment Market, By Sales Channel, 2020 – 2030, (US$ Mn)
    • Overview                                                
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Online Retailing
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Offline Retailing
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Cardiac Surgery Equipment Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview                                   
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Coronary Artery Bypass Grafting (CABG)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Heart Valve Repair and Replacement
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Implantable Cardioverter Defibrillator (ICD)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Pediatric Cardiac Surgery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Heart Transplant
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Cardiac Surgery Equipment Market, By Fuel Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • ICE
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • EV
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
      •  
  9. Cardiac Surgery Equipment Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Instrument Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Instrument Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Instrument Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Instrument Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Instrument Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Sales Channel, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
  • B. Braun Melsungen AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sklar Surgical Instruments
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KLS Martin Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Teleflex Incorporated
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Symmetry Surgical
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Delacroix-Chevalier
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cardivon Surgical Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Boss Instruments Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Global Cardiac Surgery Equipment Market is segmented based on instrument type, sales channel, application, end-user and region.

Increasing heart disease due to changing lifestyle is major factor driving the market.

During the forecast period, North America is expected to dominate the 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.).