According to Data Bridge Market Research new Market report “Global Cardiac Surgery Instruments Market, By Product (Clamps, Forceps, Scalpel, Scissors, Needle Holder), Application (Coronary Artery Bypass Graft, Heart Valve Surgery, Pediatric Surgery, Heart Transplant), End User (Hospital, ASC), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Trends and Forecast to 2024”, the global cardiac surgery instruments market accounted to USD 1.12 billion in 2016 at a CAGR of 7.3% during the forecast period of 2017 to 2024.
Global cardiac surgery instruments market is driven by the factors such as high incidence of heart diseases. Manufacturers of this instrument are introducing new instruments and tools along with traditional devices so as to create more usable products. Moreover many government bodies are investing more funds and grants in this market.
Increase in the surgical procedure as well as rise in the geriatric population are contributing in the growth of cardiac surgery instruments market. The Society of Thoracic Surgeons (STS) represents over 7,200 surgeons, researchers and allied healthcare professionals who are engaged in ensuring the best results for cardiac, lung and esophagus surgeries along with other surgical procedures all over the world.
North America accounts the largest market share whereas Asia is expected to witness the highest CAGR in the forecast period 2017-2024 due to rise in awareness programs by government, increasing prevalence of cardiac diseases and number of hospitals and improvements in the healthcare sector.
The global cardiac surgery instruments market is segmented on the basis of product, application, and end user.
The Global Cardiac Surgery Instruments Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America cardiac surgery instruments market.
Some of the major players operating in global cardiac surgery instruments market are :
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