Cardiovascular Needle Market Research, Size, Share | Covid-19 Impact Analysis | Forecast to 2023

Cardiovascular Needle Market Highlights

The changing lifestyle is prompting several cardiac issues. Market Research Future (MRFR) predicted that the global cardiovascular needle market growth can spur registering a lucrative CAGR of 7.2% between 2017and 2023 due to the rising prevalence of cardiovascular disorders.

Cardiovascular Needle Market Insights

The rising incidences of cardiac diseases is surging the adoption of cardiovascular needles. These needles find applications as assistance in healing surgical wound. Major surgeries like open heart surgery, heart transplant, open heart surgery, cardiovascular surgeries, coronary artery bypass graft surgery, open heart surgery, and others use these needles. In 2015, the World Health Organization (WHO) reported, the death of about 17.7 million people from cardiovascular diseases. Hence, the increase in the demand for availing proper treatment to patients can prompt the global cardiovascular needle market growth.

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Again, in 2015, the World Health Organization (WHO) detailed that approximately 1.6 million deaths were caused due to diabetes and in 2014. The high calorie and less fiber content diet is causing diabetes, which can contribute to cardiovascular disorders. Moreover, obesity is a grave issue today. The sedentary and stressful lifestyle, in addition to, the poor quality of diet are major factors, which are inducing obesity. Obesity, in turn, promote cardiovascular ailments. Hence, the escalation of number of obese adults can spur the global cardiovascular needle market growth.

Other factors like less physical activities and surge in the number of tobacco smokers can also fuel the global cardiovascular needle market growth. On the flip side, the global cardiovascular needles market can demonstrate a sluggish growth over the assessment period. Factors like surge in the applications of surgical staples over suture and needles is curb down the demand for cardiovascular needles, which in turn, can restraint its market expansion.

Cardiovascular Needle Market Segmental Analysis

The global cardiovascular needle market has been segmented based on application, types, usage, and end user.

Based on the type, the cardiovascular needle market has been segmented into cutting needles and round bodied needles. The round-bodied needles segmented has been sub-segmented into blunt point needles and taper point needles. The cutting needles segmented has been classified into reverse cutting needles and conventional cutting needles.

Based on the application, the cardiovascular needle market has been segmented into heart transplant, cardiac valve procedures, coronary artery bypass graft surgery, open heart surgery, and others.

Based on the usage, the cardiovascular needle market has been segmented into multiple uses and single use.

Based on the end user, the cardiovascular needle market has been segmented into ambulatory surgical centers, clinics, hospitals, and others.

Regional Outlook

Based on the region, the cardiovascular needles market has been studied across, the Americas, Asia Pacific, Europe, and the Middle East and Africa.

The Americas is expected to lead the global cardiovascular needles market over the review period. The high presence of chronic diseases and the growing genetic populace, strong initiatives being taken by important market players to launch quality products, and escalation in research and developmental undertakings are some factors, which can bolster the regional cardiovascular needle market growth.

MRFR predicted Europe to secure the second largest share of cardiovascular needles market. The keen attention being provided by numerous various government organizations to provide effective treatment to the surging patient pool of cardiovascular diseases is expected to escalate the European market growth

The cardiovascular needles market in the Asia Pacific region is projected to be the fast-paced cardiovascular needles market, across the globe. Japan, boasting of its technical advancements and possessing a firm medical base is estimated to hold the major share of the regional market. Other factors like, hike in healthcare expenses and strong economic condition of APAC can also fuel the cardiovascular needles market growth.

The Middle East and Africa is expected to grasp the least market share, due to limited availability of medical facilities.

Cardiovascular Needle Market Key Players

MRFR profiled significant key players which are operating in the global cardiovascular needles market. They are Becton and Dickinson Company (US), Teleflex Incorporated (US), KLS Martin Group (US), Ethicon Inc. (US), CP Medical, Inc. (the U.S.), Scanlan International Inc. (US), Sklar Surgical Instruments (US), Wexler Surgical (US), Symmetry Surgical Inc. (US), Rumex International Corporation Ltd. (US), Medline Industries, Inc. (US), Sheffield Ltd. (UK), Surgins surgical Ltd. (UK), Surtex Instruments Ltd. (UK), Cardivon Surgical Inc. (China), FSSB surgical needles GmbH (Germany), B. Braun Melsungen AG (Germany), Delacroix-Chevalier (France), and Quality Needles Pvt. Ltd. (India), and others.

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