Press release
Cardiac Surgery Devices Market to Reach USD 2.5 Billion by 2034 at a 3.7% of CAGR, Amid Rising Cardiac Procedures
Cardiac Surgery Devices Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.futuremarketinsights.com/report-sample#5245502d47422d34363032
The surge in cardiac disorders, including coronary artery disease, heart valve complications, and congenital heart defects, has led to a growing reliance on minimally invasive and robotic-assisted surgeries. Technological advancements, such as artificial heart valves, improved perfusion systems, and advanced imaging techniques, are enhancing surgical precision and patient outcomes. The increasing adoption of these innovations is significantly contributing to market expansion.
Furthermore, rising healthcare expenditures, an aging population, and a global increase in lifestyle-related cardiac conditions are key factors influencing market growth. Governments and healthcare organizations are investing in improved cardiovascular care infrastructure, further fueling the demand for advanced surgical devices. Leading medical device companies are focusing on R&D to introduce next-generation cardiac surgery solutions, catering to the evolving needs of surgeons and patients.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
The cardiac surgery devices market is projected to reach USD 2.5 billion by 2034, growing at a CAGR of 3.7%.
Rising prevalence of cardiovascular diseases is driving demand for innovative surgical solutions.
Technological advancements, including robotic-assisted and minimally invasive procedures, are enhancing surgical outcomes.
Increased healthcare investments and an aging population are contributing to steady market growth.
๐๐ซ๐๐ง๐๐ฌ:
Minimally Invasive Surgeries: Minimally invasive surgeries like transcatheter aortic valve replacement (TAVR) and transcatheter mitral valve repair (TMVR) are becoming more popular due to their lower risks and reduced recovery times. These techniques are replacing conventional surgeries, prompting market players to upgrade their devices1.
Increasing Cardiovascular Disorders: The surge in chronic cardiovascular disorders contributes to market growth. Cardiovascular diseases (CVDs) are the primary global cause of mortality, claiming approximately 17.9 million lives yearly.
Technological Advancements: Advancements in technology have transformed how patients and medical professionals approach cardiac surgeries1.
Structural Heart Devices: The global structural heart devices market was valued at US$13.75 billion in 2023 and is expected to reach US$22.16 billion by 2029, growing at a CAGR of 8.28%. These devices are designed for the diagnosis and treatment of structural abnormalities within the heart.
๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.futuremarketinsights.com/reports/cardiac-surgery-devices-market
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐ค๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐๐ก๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐๐ข๐๐ ๐ฌ๐ฎ๐ซ๐ ๐๐ซ๐ฒ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ?
The key drivers behind the growth of the cardiac surgery devices market are:
Increasing Prevalence of Cardiovascular Diseases (CVDs): The rising incidence of CVDs, including coronary artery disease, heart failure, and arrhythmia, is a primary driver. Factors contributing to this increase include sedentary lifestyles, unhealthy diets, rising stress levels, and the aging population. CVDs are the leading cause of death worldwide.
Aging Population: As the global population ages, the prevalence of cardiovascular diseases increases, leading to a higher demand for cardiac surgery devices. Individuals over 60 are more prone to chronic ailments, including cardiovascular diseases.
Technological Advancements: Advancements in technology have transformed how patients and medical professionals approach cardiac surgeries. Developments in medical device technology are boosting the industry's expansion.
Minimally Invasive Surgeries: There is a growing preference for minimally invasive surgeries like transcatheter aortic valve replacement (TAVR) and transcatheter mitral valve repair (TMVR) due to their lower risks, reduced recovery times, and suitability, especially among the elderly4. This trend prompts market players to upgrade their devices4.
Government Initiatives and R&D Investments: Government initiatives for increased R&D investments and awareness campaigns among people for cardiac health risks are fueling market growth. Public and private healthcare facilities generate demand for these devices, with governments in developing economies investing in these devices to include economically deprived populations.
Increasing Demand for Interventional Cardiology Procedures: The rising demand for interventional cardiology procedures, including stenting, angioplasty, and transcatheter valve replacement, fuels the need for cardiovascular devices.
Expansion in Emerging Economies: The interventional cardiology device market is expanding rapidly in emerging economies in Asia-Pacific, Latin America, and the Middle East due to increasing cases of cardiovascular diseases, increased awareness of advanced treatment options, and increased healthcare spending.
Obesity Rates: Rising obesity rates worldwide are a significant driver for cardiac surgeries. Individuals with obesity are nearly three times more likely to develop type 2 diabetes, increasing the demand for cardiac interventions and devices.
๐๐ก๐๐ซ๐๐ฉ๐๐ฎ๐ญ๐ข๐ ๐๐๐ฏ๐ข๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฃ๐๐๐ญ๐ข๐จ๐ง๐ฌ & ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐+ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ - https://www.futuremarketinsights.com/industry-analysis/therapeutic-device
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
Abbott Laboratories
Medtronic Plc.
Boston Scientific Corporation
Johnson & Johnson (Ethicon)
B. Braun Melsungen AG
Terumo Corporation
LivaNova PLC
Edwards Lifesciences Corporation
Cardinal Health
Stryker Corporation
Cook Medical
Philips Healthcare
Getinge Group
Hologic, Inc.
AtriCure, Inc.
Lepu Medical Technology Co. Ltd.
C.R. Bard (now part of BD)
Zoll Medical Corporation
Merit Medical Systems, Inc.
Asahi Intecc Co., Ltd.
๐๐๐ซ๐๐ข๐๐ ๐๐ฎ๐ซ๐ ๐๐ซ๐ฒ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
By Product:
Referring to the cardiac surgery devices industry analysis, the market is segmented into heart lung machine, breathing heart surgery systems, catheters, perfusion disposables, etc.
By Procedure:
On the basis of procedures, the market is segmented into coronary artery bypass grafting and minimally invasive surgeries.
By End-users:
Sector analysis suggests that the market is segmented into hospitals and ambulatory surgical centers on the basis of end-users.
By Region:
The market can be segmented by region, encompassing North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐๐'๐ฌ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ ๐จ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ง ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐จ๐ฆ๐๐ข๐ง:
Electrosurgery Generators Industry Outlook from 2025 to 2035 -https://www.futuremarketinsights.com/reports/electrosurgery-generators-market
Electrosurgery Devices Market Outlook - https://www.futuremarketinsights.com/reports/electrosurgery-devices-market
General Surgery Devices Market Snapshot - https://www.futuremarketinsights.com/reports/general-surgery-devices-market
Cardiac Rhythm Management Market Outlook for 2024 to 2034 -https://www.futuremarketinsights.com/reports/cardiac-rhythm-management-market
Cardiac Rehabilitation Market Outlook from 2024 to 2034 -https://www.futuremarketinsights.com/reports/cardiac-rehabilitation-market
Cardiac Biomarker Diagnostic Test Kits Market Outlook from 2023 to 2033 -https://www.futuremarketinsights.com/reports/cardiac-bio-marker-diagnostic-test-market
Cardiac Rhythm Remote Monitoring Devices Market Outlook (2023 to 2033) -https://www.futuremarketinsights.com/reports/cardiac-rhythm-remote-monitoring-devices-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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