(MENAFN- EIN Presswire) Cardiac Surgical Devices Market
Increase in the prevalence of cardiac diseases, diabetes, and lifestyle disorders, rise in sedentary lifestyles drive the growth of the global market.
PORTLAND, OREGON, UNITED STATES, May 16, 2023 /einpresswire.com / -- Allied market Research published a report, titled, "Cardiac Surgical Devices Market by Product Type (Beating Heart Surgery Systems, Cardiopulmonary Bypass Equipment, Cardiac Ablation Devices, Perfusion Disposable), by Application (Congenital Heart Defects, Cardiac Arrhythmia, Coronary Heart Disease, Congestive Heart Failure, Others), by Age Group (New-born Population, Infant Population, Children Population, Adult Population): Global Opportunity Analysis and Industry Forecast, 2020-2030." The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
cardiac surgical devices market size was Valued at USD 2.2 billion in 2020 and is Projected to Garner USD 3.1 billion by 2030, registering a CAGR of 3.3% from 2021 to 2030.
Increase in prevalence of cardiac diseases, diabetes, and lifestyle disorders, rise in sedentary lifestyles, surge in excessive cigarette use, and growing number of people suffering from obesity drive the growth of the cardiac surgical devices market. On the other hand, high cost of procedures associated with cardiac surgeries restrains the growth to some extent. However, increase in life expectancy is expected to create lucrative opportunities in the industry.
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Top Cardiac Surgical Devices Companies
. Medtronic Inc.
. MAQUET GmbH & Co. KG
. Quest Medical, Inc.
. Angiodynamics, Inc.
. Terumo Cardiovascular Systems Corporation
. Edwards Life Science
. Abbott Vascular
. LivaNova PLC
. Boston Scientific Corporation
. Cook Medical
Cardiac Surgical Devices Market Segmentation: -
By product type, the perfusion disposable segment contributed to the major share in 2020, holding nearly three-fourths of the global cardiac surgical devices market. The same segment would also cite the fastest CAGR of 3.4% during the forecast period. Rise in the prevalence of coronary artery bypass grafting and increase in number of heart valve replacement surgeries fuel the segment growth.
By application, the cardiac arrhythmia segment accounted for the major share in 2020, holding more than two-thirds of the global cardiac surgical devices market. The same segment is also expected to grow at the fastest CAGR of 3.4% from 2021 to 2030, due to surge in incidence of atrial fibrillation among the global population.
By region, the market across North America had the lion's share in 2020, generating nearly two-fifths of the global cardiac surgical devices market. The Asia-Pacific region, on the other hand, is projected to portray the fastest CAGR of 4.0% by 2030, due to increase in cases of diabetes, rise in healthcare facilities, and technological advancements in the region.
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Key Benefits For Stakeholders
.This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cardiac surgical devices market analysis from 2020 to 2030 to identify the prevailing cardiac surgical devices market opportunities.
.The Market research is offered along with information related to key drivers, restraints, and opportunities.
.Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
.In-depth analysis of the cardiac surgical devices market segmentation assists to determine the prevailing market opportunities.
.Major countries in each region are mapped according to their revenue contribution to the global market.
.Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
.The report includes the analysis of the regional as well as global cardiac surgical devices market trends, key players, market segments, application areas, and market growth strategies.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
.Which are the driving factors responsible for the growth of market?
.Which are the roadblock factors of this market?
.What are the new opportunities, by which market will grow in coming years?
.What are the trends of this market?
.Which are main factors responsible for new product launch?
.How big is the global & regional market in terms of revenue, sales and production?
.How far will the market grow in forecast period in terms of revenue, sales and production?
.Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
.How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
.Which region has more opportunities?
By Region Outlook
. North America
(U.S., Canada, Mexico)
. Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
. Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
. LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Contact Details:
David Correa
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of“Market Research Reports” and“Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
David Correa
Allied Analytics LLP
+ +1-800-792-5285
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