Cardiac Surgery Devices Market to Expand with Significant CAGR During 2016 - 2026

Cardiac surgery is performed by heart surgeons due to complications in the heart or heart diseases like correct congenital heart disease, valvular heart disease, ischemic heart disease. Typically, neurological damage is the major concerned while doing the cardiac surgery. Patients who are at risk, stroke is higher and occurs generally 2-3% of people having cardiac surgery. Open heart surgery is performed in the internal structure of the heart when the patient’s heart is open. There are different types of heart surgeries like endoscopic surgery; where a surgeon uses a camera and a specific endoscopic tools to complete the surgery, open heart surgery – in which the heart is stopped temporarily and a machine pump the blood and oxygen for a patient.

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Another form of heart surgery which is gaining popularity is robot assisted heart surgery. It is a machine which performs surgery by the control of heart surgeons. The biggest advantage is the size of the incision made in the patient. Also, there is pediatric heart surgery – surgery for children and modern beating heart surgery which is an off-pump coronary artery bypass done by using a technique called endoscopic vessel harvesting (EVH).

Cardiac Surgery Devices Market: Drivers & Restraints

Rising emergence of cardiovascular diseases, increasing number of heart attacks and strokes, rising demand of minimally invasive procedures, increase spending per capita income, are key driving factor for this market. Furthermore, increasing elderly population, unhealthy and stressful lifestyle of consumers, obesity-related issues, technology advancement and innovation, are some other key driving factors in cardiac surgery market. Furthermore, all the above mentioned factors has led to increase in demand of cardiac surgery market in developed and developing regions.

With so many advantages and splendid features of cardiac surgery devices, it has few disadvantages too. High investment cost and shortage of professional/skilled surgeons are acting as a barrier for cardiac surgery market.

Cardiac Surgery Devices Market: Segmentation

Cardiac Surgery Devices Market is broadly classified on the basis of the following segments –

By Product Type :

Beating Heart Surgery Systems
Perfusion Disposables
Cardiac Ablation Devices
Cardiopulmonary Bypass Equipment
By End User:

Hospitals
Private
Public
Others Facilities (Defense Hospitals, Medical Colleges)
Cardiac Surgery Devices Market: Overview

The cardiac surgery devices market has grown substantially at a healthy CAGR due to increasing number cardiovascular disease. With rapid technological advancement and innovation, cardiac surgery devices market is expected to grow globally. North America is the largest market for cardiac surgery devices and Asia Pacific would be the fastest growing market in the forecast period.

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Cardiac Surgery Devices Market: Region-wise Outlook

The cardiac surgery devices market is expected to register a double-digit CAGR over the forecast period. Depending on geographic regions, cardiac surgery devices market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, and Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa (MEA). North America is the largest market for cardiac surgery devices and is expected to dominate the market throughout the forecast period. Asia Pacific is the fastest growing region in the forecast period.

Cardiac Surgery Devices Market: Key Players

Some of the key market players for cardiac surgery devices market are Boston Scientific Corporation, Abbott Laboratories, AngioDynamics, COOK Medical, C. R. Bard, Inc., Terumo Cardiovascular Systems Corporation, St. Jude Medical, Inc., Thoratec Corporation, Edwards Lifesciences Corporation., TransMedics, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
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