How Global Cardiovascular Surgery Devices and Equipment Market Players Should Strategize For 2022-2031

13 Jun, 2022

The global cardiovascular surgery devices and equipment market size is expected to grow from $1.57 billion in 2021 to $1.68 billion in 2022 at a compound annual growth rate (CAGR) of 7.0%. The global cardiovascular surgery equipment market size is expected to grow to $2.04 billion in 2026 at a CAGR of 5.0%.

What is the Global Cardiovascular Surgery Devices and Equipment Market?

The cardiovascular surgery devices and equipment market consist 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.

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What drives the Global Cardiovascular Surgery Devices and Equipment Market?

The rising geriatric population along with the rising deaths related to cardiovascular disorders is driving the cardiovascular surgical devices market. According to American Heart Association (AHA), in the US, approximately 43.7 million aged above 60 suffered from cardiovascular disorders. It is also reported by AHA that death related to cardiac diseases amount to 17.3 million per year and is expected to rise to more than 23.6 million by 2030, worldwide. Due to these factors, a higher number of surgeries are being performed, thereby driving the market.

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Global Cardiovascular Surgery Devices and Equipment Market Segments
The global cardiovascular surgery devices and equipment market is segmented:
By Product Type: Beating Heart Surgery Systems, Cardiopulmonary Bypass Equipment, Cardiac Ablation Devices, Perfusion Disposables
By End-User: Home and Ambulatory Care, Hospitals, Diagnostic Laboratories, Research Laboratories
By Application: Congenital Heart Defects, Cardiac Arrhythmia, Coronary Heart Disease, Congestive Heart Failure, Others
By Geography: The regions covered in the cardiovascular surgery devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Cardiovascular Surgery Devices and Equipment Global Market Report 2022provides market size and growth forecasts for the global cardiovascular surgery devices and equipment market, global cardiovascular surgery devices and equipment market share, cardiovascular surgery devices and equipment market segments and geographies, cardiovascular surgery devices and equipment market competitive landscape including 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.

Global Cardiovascular Surgery Devices and Equipment Industry Playersinclude Abbott Laboratories, Boston Scientific Corporation, Cook Medical, C.R.Bard, Abiomed, St.Jude medical, Angiodynamics Inc., Transmedics, Terumo cardiovascular systems corporation, and Edwards Life Science Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.