Cardiac Surgical Devices Market Size (USD 3.1 billion by 2030) Achieves Record-breaking Growth in Meeting Healthcare Requirements

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.” According to the report, the global cardiac surgical devices industry was estimated at $2.2 billion in 2020 and is anticipated to hit $3.1 billion by 2030, registering a CAGR of 3.3% from 2021 to 2030.

The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.

Covid-19 scenario-

  • The outbreak of the pandemic had a negative impact on the global surgical devices market, since the implementation of the global lockdown delayed most of the surgeries up to six months. Therefore, there was a declined demand for cardiac surgical devices across the world, especially during the initial period.
  • However, the global situation is getting back to normalcy and the market has already started recovering. With this drift on board, the industry is projected to get back on track soon.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž:

https://www.alliedmarketresearch.com/request-sample/2177

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.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐š๐ซ๐๐ข๐š๐œ ๐’๐ฎ๐ซ๐ ๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ –

  • 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

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐š๐ซ๐๐ข๐š๐œ ๐’๐ฎ๐ซ๐ ๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง –

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.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/2177

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 

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa

USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022

help@alliedmarketresearch.com

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 โ€œMarket Research Reportsโ€ and โ€œBusiness Intelligence Solutions.โ€ 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.

Leave a comment

Your email address will not be published. Required fields are marked *