Cardiac Surgical Devices Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2022 to 2027

The Cardiac Surgical Devices Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report. The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Cardiac Surgical Devices market growth.

Global Cardiac Surgical Devices Market accounted for $1,700 million and is estimated to reach $2,124 million by 2023, growing at a CAGR of 3.2% during the analysis period (2022-2027). 

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Top Leading Companies:

Edwards Life Science Corporation, Medtronic Inc., Getinge Group, Atrion Corporation, Abbott Laboratories, Sorin S.P.A., Terumo Medical Corporation, Boston Scientific Corporation, Cook Medical, Angiodynamics, Inc., C. R. Bard, Inc., Trinity Biotech, Abiomed, Inc., Cardinal Health, CyberHeart Incorporated, MedWaves Incorporated, Transmedics, Inc.

Recent Developments

In December 2020, Philips reported acquiring BioTelemetry Inc. for USD 72.00 per share, which implies an enterprise value of USD 2.8 billion. This will help in combining the Philips patient monitoring services in hospitals with BioTelemetry cardiac diagnostics and monitoring.
In November 2020, AliveCor closed USD 65 million series E financing to accelerate its remote cardiology platform, both domestically and globally. The financing was led by its existing investors, OMRON, Khosla Ventures, WP Global Partners, Qualcomm Ventures, and Bold Capital Partners.

Medtronic has acquired 61 companies, including 12 in the last 5 years. A total of 15 acquisitions came from private equity firms. It has also divested 4 assets. Medtronic’s largest acquisition to date was in 2014, when it acquired Covidien for $42.9B. It’s largest disclosed sale occurred in 2017, when it sold Medtronic - Patient Care Deep Vein Thrombosis & Nutritional Insufficiency Businesses to Cardinal Health for $6.1B. Medtronic has acquired in 14 different US states, and 8 countries. The Company’s most targeted sectors include medical products (88%) and healthcare services (7%).

Cardiac Surgical Devices Market Segmentation by Type:

Beating Heart Surgery Systems
Cardiopulmonary Bypass Equipment
Cardiac Ablation Devices
Perfusion Disposables

Cardiac Surgical Devices Market Segmentation by Application:

Congenital Heart Defects
Cardiac Arrhythmia
Coronary Heart Disease
Congestive Heart Failure
Other Applications

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The United States is Expected to Dominate the Market Over the Forecast Period

The United States dominates the cardiovascular devices market, owing to the high prevalence of cardiovascular diseases, the high adoption rate of minimally invasive procedures, the presence of reimbursements, the rising geriatric population, and the high demand for continuous and home-based monitoring. According to the American Heart Association Research Report 2018, heart disease accounts for 1 in 7 deaths in the United States. Coronary heart disease is the leading cause (43.8%) of deaths attributable to cardiovascular disease in the United States, followed by stroke (16.8%), heart failure (9.0%), high blood pressure (9.4%), diseases of the arteries (3.1%), and other cardiovascular diseases (17.9%). This scenario is leading to a higher demand for better treatment with efficient medication, driving the market in the United States.

Regional Cardiac Surgical Devices Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Cardiac Surgical Devices Market Report:

Detailed overview of Cardiac Surgical Devices Market
Changing the Cardiac Surgical Devices market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Cardiac Surgical Devices market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Cardiac Surgical Devices Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Cardiac Surgical Devices Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Cardiac Surgical Devices industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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