openPR Logo
Press release

Cardiac Surgery Devices Market will Procure US$ 2 Bn by 2027 | Biotronik, Braile Biomedica, Cook Medical Inc., Estech, Abiomed, Smith Medical

02-01-2019 02:21 PM CET | Health & Medicine

Press release from: Future Market Insights

Cardiac Surgery Devices Market will Procure US$ 2 Bn by 2027 |

Nearly a third of all the global deaths can be attributed to cardiovascular diseases and it is the main cause of death in the U.S., responsible for 17% of national healthcare expenditure. The American Heart Association estimates that 40% of the American people will suffer from cardiovascular ailments in 2030 and the direct cost of these would skyrocket to approx. US$ 820 Billion. Such sobering statistics are the main reason that cardiac surgery devices have seen continued uptake in the past decade and should likely remain so during the course of the next 10 years. Future Market Insights in its comprehensive report titled ‘Cardiac Surgery Devices Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’ has studied the cardiac surgery devices market and expects it to record a CAGR of 3.7% and be worth over US$ 2 Bn by end 2027.

Perfusion Disposables Dominates the Cardiac Surgery Devices Market by Product Type

The perfusion disposables segment represents a considerably larger market opportunity than either catheters, beating heart surgery systems, or heart lung machines in the cardiac surgery devices market. The perfusion disposables segment is predicted to be worth more than US$ 800 Mn in 2017 alone with oxygenators contributing the lion’s share of this. By the end of the forecast period, the segment is on track to push past US$ 1.1 Bn, making it a particularly lucrative segment in the cardiac surgery devices market as its attractiveness index is 2.0. A greater acceptance of heart lung machine tables is expected to benefit the adoption of perfusion disposables in the cardiac surgery devices market.

Request to View Sample of Research Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4602

Well-developed Medical Infrastructure Makes North America Keep its Crown

North America has a world-class medical infrastructure coupled with a population that is rapidly ageing and suffering from cardiopulmonary disorders. This combination all but ensures that the region is larger than both Western Europe and APEJ combined in the year 2017 with a value of just under US$ 555 Mn. North America is on track to witness a CAGR of 4.1% for the period 2017-2027 that should see the market in the region touch US$ 830 Mn by end 2027. Most new developments are centred in North America and its high acceptance of modern technology make it an extremely lucrative region in the global cardiac surgery devices market.

Minimally Invasive Surgery Gaining Traction in Cardiac Surgery Devices Market

Coronary artery bypass grafting is anticipated to be the largest contributor in the cardiac surgery devices market by procedure in 2017 and it is unlikely to cede this position anytime soon. However, modern advancements in cardiopulmonary bypass techniques, surgical approaches and incisions have made minimally invasive surgery increasingly popular in recent times. Minimally invasive surgery has the advantage of reduced surgical trauma and decreased pain and this is anticipated to propel the cardiac surgery devices market in the long term. In terms of CAGR these two segments hold the top position in the global cardiac surgery devices market, with coronary artery bypass grafting recording a value CAGR of 3.5% and minimally invasive surgery registering a 4.1% CAGR in terms of revenue during the forecast period.

Focus on Hospitals over Ambulatory Surgical Centres in the Cardiac Surgery Devices Market

The hospitals segment is larger than the ambulatory surgical centres segment by end user in the cardiac surgery devices market and this trend is predicted to continue for the foreseeable future. An attractiveness index of 1.1 and a market opportunity of almost US$ 1.2 Bn by 2027 end should make all major companies actively target the hospitals end user segment in the cardiac surgery devices market.

Company Dashboard

The companies actively involved in the global cardiac surgery devices market that have been profiled in the report include Biotronik, Braile Biomedica, Cook Medical Inc., Estech, Abiomed, Smith Medical, MicroPort Scientific Corporation, Edwards Lifesciences Corporation, Angiodynamics, Teleflex Incorporated, C. R. Bard, Inc, B. Braun Melsungen AG, Getinge-Maquet Germany Holding GmbH, Terumo Corporation, LivaNova PLC, Lepu Medical technology Co ltd., Boston Scientific Corporation, Medtronic, and Abbott Laboratories.

Need more information about Report methodology ? @ https://www.futuremarketinsights.com/askus/rep-gb-4602

Important takeaways

The increasing preference for minimally invasive surgical procedures is one of the recent trends seen in the cardiac surgery devices market. In the last decade, minimally invasive cardiothoracic surgery has grown by leaps and bounds mainly because of the reduced pain and surgical trauma after this procedure. Even though coronary artery bypass grafting is much larger at present, key stakeholders are advised to focus on minimally invasive procedures as patients will almost certainly prefer this form of treatment. In addition to this, the beating heart surgery system type could see widespread adoption in the days ahead.

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us

U.S. Office

616 Corporate Way, Suite 2-9018,

Valley Cottage, NY 10989,

United States

T: +1-347-918-3531

F: +1-845-579-5705

Email: sales@futuremarketinsights.com

Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cardiac Surgery Devices Market will Procure US$ 2 Bn by 2027 | Biotronik, Braile Biomedica, Cook Medical Inc., Estech, Abiomed, Smith Medical here

News-ID: 1554238 • Views: 234

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Surgery

Surgery Conference
5th International Surgery and Surgeons Meet will be organized on June 26-27,2019 in New York, USA. The conference highlights the theme “Disseminating advance research and Innovative Technology in the field of Surgery”. Surgeons Meet 2019 aims to gather leading surgeons, eminent scientists, research scholars, students along with industrial and pharmacy professionals to express their views on the latest technologies for future Surgery research. The event is designed in a way
Eyelid Surgery in Bangalore
Blepharoplasty or Eye Surgery is the surgical treatment to correct either of droopy eyelids or puffy under eye areas. If we talk of the specifics which eye surgery or blepharoplasty can help us with, the uses would be the following: ● Contouring and tightening the sagging skin, usually of the upper eyelid ● Removal of the fatty deposits in the under eye region which result in puffiness ● Eye bags which are there but devoid of
Surgery Conference 2018
After the successful conference of Surgical Nursing and Nursing Education 2017, Conference Series Ltd is bringing forward another conference on 28th Surgical Nursing and Nurse Education Conference (Surgical Nursing 2018) which is scheduled on August 08-09, 2018 at Osaka, Japan with a theme of “Innovative Innovations towards Surgical Nursing and Nurse Education”. The conference invites all the participants across the globe to attend and share their insights and convey recent
The Hospital undergoing surgery
Gustavo Frickle Hospital is a new 92,000 sqm building in Viña del mar, Chile. This modern 11-storey structure with 554 rooms, clinical wards and an heliport, will be inaugurated in March 2017. Providing patients and medical personnel with ideal temperature and humidity conditions as well as huge amount of sanitary hot water, achieving these with reduced acoustic emissions and highest efficiency, are the key challenges for the HVAC system of the
ESMR over surgery
ESMR - A world class treatment for the first time in India, a breakthrough in management of Refractory Angina Pectoris with end-stage coronary Artery Disease not Suitable for Revascularization.ESMR therapy is a new non invasive therapy approach using Extracorporeal Shockwave technology for Myocardial Revascularization.ESMR in india,Non invasive Cardiac Angiogenesis therapy,Non invasive bypass treatment,ESMR therapy.Chennai hospital introduces one more life saver in cardiac treatments first of its kind in india,Extra Corporeal
Abdominoplasty surgery
Hande hospital was started in 1984 by Dr. H. V. Hande, former Health Minister, Govt of Tamilnadu. Dr.Hande has been (and continues to be) in practice for the past 52 years in India at Chennai. Hande Hospital at chennai in india has recently been expanded into a 50 bed hospital performing laproscopic, cosmetic surgery and master health checkup, being run by Dr. H.Krishna Hande MS.,FRCS.,MCH (Plastic) FMMC. Who