Allied Market Research

2024

Cardiac Surgery Instruments Market

Cardiac Surgery Instruments Market Size, Share, Competitive Landscape and Trend Analysis Report by Product Type, by Application and by End user : Global Opportunity Analysis and Industry Forecast, 2023-2032

LS : Medical Devices & Supplies

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Author's: | Roshan Deshmukh
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Cardiac surgery instruments are referred to as the instruments used in the procedure of cardiovascular surgery. It is the surgery performed on the heart by the cardiac surgeons. It is performed for treating the complications of ischemic heart disease such as coronary artery bypass grafting. It can also be used to treat various heart disorders such as congenital heart disease, valvular heart disease from various causes including endocarditis, rheumatic heart disease, and atherosclerosis. It also includes heart transplant. There are various types of the cardiac surgery performed today. They are like open heart surgery, aortic surgery, aortic valve surgery, arrhythmia surgery, congenital heart surgery, coronary artery bypass graft surgery, heart transplant, left ventricular assist device, left ventricular remodeling, myectomy, transmyocardial revascularization, and valvular surgery. The cardiac surgery instruments consist of various types of scissors, forceps, and needles. It also consists of several hooks, clamps, and blunts. These instruments are categorized into three main types as cutting instruments, holding instruments, and retractors to hold the incision open. These may or may not include the fourth category of clamping instruments in the list of categorization of the cardiac surgery instruments. These instruments can be of two types like disposable instruments and reusable instruments. Disposable instruments are single time used instruments, which must be properly disposed after the use and reusable instruments are the instruments, which can be used again and again after the proper sterilization process.  

 

COVID-19 Scenario Analysis:

To take care of infected population, the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment, including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.

Top impacting factors: market scenario analysis, trends, drivers, impact analysis

Increase in the prevalence of the cardiovascular disease is expected to drive the growth of the market. Furthermore, growth in geriatric people is expected to increase the growth of the market substantially. Moreover, growth in the healthcare investments boosts the growth of the market. Technological advancements in the procedure and the instruments are also helping to enhance the growth of the market. Physical inactivity of the population, change in the lifestyle of people, and rise in the demand of skilled cardiac surgeons are some of the factors that drive the growth of the cardiac surgery instruments market.

However, adoption of the alternative surgical methods available and also the lack of Medicare payments may pose the key restraints in the growth of the market.

New product launches to flourish the market

In October 2019, Innovia Medical LLC acquired the products of DTR Medical Ltd. This brought the innovations in the product line-up of Innovia and widened the range of costumer reachability across the globe.

In January 2020, Symmetry Inc., acquired the O. R. Company. It designs, manufactures, develops innovative surgical and medical equipment and devices from the niche consumables to proprietary minimally invasive and open surgeries.

Surge in the usage of the cardiac surgery instruments

Increase in the prevalence of heart disease and rise in healthcare investments help surge the usage of the cardiac surgery instruments. Moreover, increase in the demand of the product development also surge the usage of the cardiac surgical instruments.

 

         Key benefits of the report:

  • This study presents the analytical depiction of the global cardiac surgery instruments industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global cardiac surgery instruments market share.
  • The current market is quantitatively analyzed to highlight the global cardiac surgery instruments market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global cardiac surgery instruments market analysis based on competitive intensity and how the competition will take shape in coming years.

         Questions answered in the cardiac surgery instruments market research report:

  • Which are the leading market players active in the cardiac surgery instruments market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

Cardiac Surgery Instruments Market Report Highlights

Aspects Details
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By Product Type
  • Forceps Instruments
  • Needles
  • Clamping Instruments
  • Scissor Instruments
  • Needle Holders
  • Retractor Instruments
  • Others
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By Application
  • Coronary Artery Bypass Graft
  • Heart Valve Surgery
  • Pediatric Cardiac Surgery
  • Pediatric Cardiac Surgery
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By End user
  • Hospitals
  • Cardiac Centres
  • Specialty Clinics
  • Ambulatory Surgery Centres
  • Others
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By Region
  • North America 
  • Europe 
  • Asia-Pacific 
  • Latin America 
  • The Middle East and Africa 
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Key Market Players

KLS Martin Group, others, Rumex International Company, Medline Industries Inc., Scanlan International Inc., Symmetry Surgical Inc., Cardivon Surgical Inc., Dickinson and Company, Becton, Surtex Instruments Ltd., B. Braun Melsungen AG, Delacroix Chevalier

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Cardiac Surgery Instruments Market

Global Opportunity Analysis and Industry Forecast, 2023-2032