Market Highlights
Cardiovascular needles is used in different cardiovascular surgeries like cardiac valve procedures, heart transplant, open heart surgery and many more. There is continuously increasing demand for the cardiovascular devices due to increasing number of cardiovascular surgeries across the globe. The factors that are responsible for driving the growth of the market are rising occurrence of cardiovascular diseases, increasing geriatric population, high number of diabetic and obese population and changing standard of living. While increasing use of surgical staples and high cost of the surgeries has hampered the growth of the market, the global cardiovascular needle market is expected to grow at a CAGR of 7.2% during forecasted period 2017-2023.
Key players for global cardiovascular needle market
- Becton, Dickinson and Company (US),
- Braun Melsungen AG (Germany),
- Sheffield Ltd. (UK),
- CP Medical, Inc. (US),
- Ethicon Inc. (US),
- KLS Martin Group (US),
- STILLE (Sweden),
- Sklar Surgical Instruments (US),
- Rumex International Corporation Ltd. (US),
- Scanlan International Inc. (US),
- Teleflex Incorporated (US),
- Medline Industries, Inc. (US),
- Surgins surgical Ltd. (UK),
- Surtex Instruments Ltd. (UK),
- Cardivon Surgical Inc. (China),
- Symmetry Surgical Inc. (US),
- Delacroix-Chevalier (France),
- Wexler Surgical (US),
- Quality Needles Pvt. Ltd. (India),
- FSSB surgical needles GmbH (Germany)
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Regional Analysis
On regional basis, global cardiovascular needle market is segmented into four major regions namely America, Europe, Asia Pacific and Middle East and Africa. America accounts for the largest market share of the cardiovascular needle market. According to Center of diseases control and Prevention, approximately 25% of total the America population is suffering from major or minor cardiovascular diseases and approximately 9.3% of the population is suffering from diabetes. This increasing number of patient suffering from cardiovascular diseases and diabetes is the major reason for the development of cardiovascular needle market in America. North America accounts for the major share in the American cardiovascular needle market.
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Segmentation:
Global cardiovascular needle market, on the basis of type, is segmented into round bodied needles, taper point needles, conventional cutting needles and others. On the basis of application, they are segmented into open heart surgery, cardiac valve procedures, heart transplant and other. On the basis of usage, they are segmented into single use and multiple use and on the basis of end users, hospitals, clinics and others.
Global cardiovascular needles market is a saturated market due to the presence of many small and medium companies. Companies are focusing on the new product developments which will be beneficial. Some major players have adopted strategies of acquisitions and strategic alliances for the growth of the market.
Table of Content
1 Introduction
1.1 Definition
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:
2 Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5. Global Cardiovascular Needle Market, By Type
5.1 Round Bodied Needles
5.2 Taper Point Needles
5.3 Conventional Cutting Needles
5.4 Other
6. Global Cardiovascular Needle Market, By Application
Continue………
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