Cardiovascular Needle Market- Insights By Revenue, Upcoming Trends And Worldwide Players Foresights Till 2028

The Cardiovascular Needle Market was valued at US$ 84.429 million in 2021 and is projected to reach US$ 137.855 million by 2028; it is expected to grow at a CAGR of 7.3 % from 2021 to 2028.

The growth of the cardiovascular needle market is attributed to factors such as an increase in the prevalence of cardiovascular diseases and rise in elderly population. However, the market is likely to get impacted by the preference for surgical staples over cardiovascular needles.

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Analysis of the Top Market Players:

1. Ethicon (Johnson & Johnson Services, Inc.
2. MANI, INC
3. Barber of Sheffield
4. FSSB surgical needles GmbH
5. Medtronic
6. Aurolab
7. Teleflex Incorporated
8. Meril Life Sciences Pvt. Ltd.
9. CP Medical
10. SMB Corporation of India

In this report, the market has been segmented on the basis of:

Type (Round-Bodied Needles and Cutting Needles)
Application (Open Heart Surgery and Cardiac Valve Procedures)
Usage (Single Use and Multiple Uses)
End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Cardiovascular Centers) and
Geography

The cardiovascular needles are used during open-heart surgeries, cardiac valve procedures, heart transplantation procedures, coronary artery bypass graft surgeries, and so on. These needles are of two types: single use or eyeless needles and multiple use or eyed needles. Cardiovascular needles are manufactured from new stainless-steel alloys constituting high concentrations of nickel, Surgalloy, and Ethalloy.

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Cardiovascular diseases (CVDs) are the disorders of heart and blood vessels, and the category includes cerebrovascular disease, coronary heart disease, rheumatic heart disease, and other conditions. Tobacco consumption, unhealthy diet, and physical inactivity, which increase the risk of heart attacks and strokes, are a few of the major lifestyle factors that lead to the CVDs. Other risk factors causing these diseases include hypertension, diabetes, and increased cholesterol levels. CVDs are among the top 10 causes of death across the world. According to the World Health Organization (WHO), cardiovascular diseases are number one cause of the death across the world. Cardiovascular diseases (CVDs) are likely to remain the largest cause of morbidity and mortality across the world. As per WHO data, ~17.9 million people in the world died from CVDs in 2016, which was 31.0% of the total mortality reported in that year. Among these, ~85% death cases were due to heart attack and stroke. Fat depositions around blood vessels that prevents blood from flowing to the heart or brain is a main cause of heart attack and stroke. Bleeding vessels or blood clots in brain are a few other causes of stroke.

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