The Global Cardiovascular Surgery Devices And Equipment Market Report by The Business Research Company covers cardiovascular surgery devices and equipment market drivers and restraints, cardiovascular surgery devices and equipment market size, major players, and the impact of COVID-19 on the cardiovascular surgery devices and equipment market.
The cardiovascular surgery devices and equipment market consists of sales of cardiovascular surgery devices and related services. Cardiovascular surgery devices and equipment are used in cardiac surgery and other cardiovascular procedures performed to repair structural defects of the cardiovascular system of the heart and its damaged or blocked valves and vessels. Cardiovascular surgery devices are divided into perfusion disposables, beating heart surgery systems, cardiopulmonary bypass equipment and cardiac ablation devices.
Rising geriatric population along with the rising deaths related to cardiovascular disorders is driving the cardiovascular surgical devices market. The global cardiovascular surgery devices and equipment market is expected to grow from $16.58 billion in 2020 to $18.46 billion in 2021 at a compound annual growth rate (CAGR) of 11.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $23.1 billion in 2025 at a CAGR of 5.8%.
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Some cardiovascular surgery devices and equipment market trends include companies in the cardiovascular surgery devices and equipment market are investing in second generation bioresorbable stents and as well rectifying the glitches which occurred in the earlier version of bioresorbable stents. This advancing segment is poised to garner $247 million by 2025. Due to the all-new device features such as thinner strut thicknesses, faster resorption times, and better radial force, these are expected to grow at a higher growth rate. A higher elective procedure volume due to the less-invasive nature of PCIs when compared to coronary artery bypass grafting is expected to drive bioresorbable stents adoption.
Global cardiovascular surgery devices and equipment market segments include:
1) By Product Type: Beating Heart Surgery Systems, Cardiopulmonary Bypass Equipment, Cardiac Ablation Devices, Perfusion Disposables.
2) By End User: Home And Ambulatory Care, Hospitals, Diagnostic Laboratories, Research Laboratories.
3) By Application: Congenital Heart Defects, Cardiac Arrhythmia, Coronary Heart Disease, Congestive Heart Failure, Other Applications.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Cardiovascular Surgery Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides cardiovascular surgery devices and equipment market overviews, analyzes and forecasts market size, share, cardiovascular surgery devices and equipment market players, cardiovascular surgery devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The cardiovascular surgery devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Cardiovascular Surgery Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Abbott Laboratories, Boston Scientific Corporation, Cook Medical, C.R.Bard, Abiomed, St.Jude medical, Angiodynamics, Inc., Transmedics, Terumo cardiovascular systems corporation, Edwards Life Science Corporation, Medtronic Inc., Cook Medical, Cardinal Health, Cyberheart Incorporated.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Cardiovascular Surgery Devices And Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Cardiovascular Surgery Devices And Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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