Cardiovascular Repair and Reconstruction Devices Market
Cardiovascular Repair and Reconstruction Devices Market Analysis By Product (Cardiovascular Grafts, Cardiovascular Patches & Heart Valve Repair) By End-User (Hospitals, Specialty Clinics & Home Care) By Region – Global Market Insights 2022 to 2027
Analysis of Cardiovascular Repair and Reconstruction Devices market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cardiovascular Repair and Reconstruction Devices Market Outlook (2022 to 2027)
Worldwide sales of cardiovascular repair and reconstruction devices are anticipated to increase at a CAGR of 5.5% from 2022 to 2027. At present, the global cardiovascular repair and reconstruction devices market is valued at US$ 4.2 billion and is expected to reach a market size of US$ 5.5 billion by 2027.
The use of cardiovascular grafts is projected to increase faster at a CAGR of 5.7% through 2027; their need is being driven by the rise in cardiovascular surgeries caused by cardiac diseases.
| Report Attributes | Details |
|---|---|
| Cardiovascular Repair and Reconstruction Devices Market Size (2022) | US$ 4.2 Billion |
| Projected Market Value (2027) | US$ 5.5 Billion |
| Global Market Growth Rate (2022 to 2027) | 5.5% CAGR |
| Market Share of Cardiovascular Grafts | 65% |
| Key Companies Profiled | Abbotts; Terumo Medical Corporation; Getinge AB; Cryolife; Medtronic; W. L. Gore and Associates; Admedus Ltd.; Bard Peripheral Vascular; Edwards Lifesciences Corporation; LeMaitre Vascular Inc.; MAQUET Cardiovascular LLC; Reverse Medical Corporation; St Jude Medical |
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Demand Analysis of Cardiovascular Repair and Reconstruction Devices (2017 to 2021) Vs. Market Outlook (2022 to 2027)
“Rising Prevalence of Congenital Heart Disorders across the World”
According to Fact.MR, a market research and competitive intelligence provider, the cardiovascular repair and reconstruction devices market is anticipated to increase at a CAGR of 5.5% from 2022 to 2027.
Cardiovascular diseases include conditions such as congenital heart disease, coronary artery disease, and arrhythmias. Heart attacks and discomfort in the chest can be brought on by blood vessel blockages. Women may have symptoms, including extreme tiredness, shortness of breath, and nausea, whereas men are more likely to have chest tightness as an indication of cardiovascular disease. Devices for cardiovascular reconstruction are used to clear obstructions in arteries and veins.
The need for cardiovascular repair and reconstruction devices is expanding as a result of rising rates of congenital heart disorders and developments in structural chemistry, therapeutic pharmacology, and biomedical sciences.
The market for cardiovascular reconstruction devices is anticipated to grow due to an increase in the frequency of cardiac surgery as a result of the prevalence of cardiovascular disorders. The market for cardiac reconstruction devices is also anticipated to develop as a result of favorable reimbursement policies for cardiac patients.
Why is Demand for Cardiovascular Repair and Reconstruction Devices Surging across the World?
“Wide Availability of Technologically-Advanced Cryopreservation Methods Stimulating Market Growth”
The global market for cardiovascular repair and reconstruction devices is also driven by strict regulations regarding the security of drug development procedures and the effectiveness of quality control and quality assurance standards guiding the pharmaceutical and related industries in many developed economies.
The market for cardiovascular repair and reconstruction devices is expected to develop over the coming years due to the availability of technologically innovative cryopreservation methods, health consciousness, and an increase in chronic conditions. Technologically advanced cryopreservation techniques help to extend the life cycle of the raw materials obtained from animal tissues by keeping them for a longer length of time.
Additionally, the market is expanding as a result of ongoing innovation because most manufacturers of cardiovascular monitoring devices in the post-pandemic phase operate with a sense of urgency and consumer interest.
Demand for tissue valves has increased as a result of the development of transcatheter valves. For the treatment of symptomatic aortic stenosis, the FDA-approved procedure known as transcatheter aortic valve implantation (TAVI) or transcatheter aortic valve replacement (TAVR) is used. The market is anticipated to fuel the advancement of minimally-invasive products during the forecast period.
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What is Impeding Sales Growth of Cardiovascular Repair and Reconstruction Devices?
“Lack of Qualified Professionals & Strict Regulatory Policies Hampering Market Progress”
The need for cardiovascular medical equipment is being severely hampered by the lack of a predetermined regulatory framework. The market expansion is being hampered by elements such as the high cost of device maintenance and a shortage of qualified specialists.
Over the forecast period, market growth is anticipated to be constrained by the risk of skin infections. The development of the cardiovascular repair and reconstruction devices market is expected to be hampered by the high cost of equipment and a lack of knowledge about products made from microbes.
Strict regulatory policies are another factor limiting the market for cardiovascular repair and reconstruction devices. Without following regulatory requirements, the leading companies' innovative devices cannot be released in the market for commercial usage, causing manufacturers to lose money on their investments.
What are the Key Opportunities for New Market Players?
“New Market Entrants Should Concentrate on Introduction of Advanced Endovascular Techniques”
New companies are focusing on the introduction of advanced endovascular techniques to increase their market share. The usual method of treating peripheral arterial disease, or the accumulation of plaque in the arteries, is angioplasty.
An alternative to angioplasties for treating atherosclerosis, another type of cholesterol and fat build-up in the artery walls, is an atherectomy. This motivates new companies to develop minimally-invasive endovascular solutions to clear blocked arteries.
- The American start-up, MOST Cardio, offers surgical instruments for cardiovascular procedures. The product line comprises micro-emulsifiers to handle plaque emulsification, patented catheters for removing plaque, and guide wires with robotic guidance. This new industry entrant also performs minimally-invasive operations that reduce blood loss and associated infections using the femoral artery. Additionally, this solution makes sure that during the treatment, the arterial walls won't break down or pierce.
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Which Region Offers Lucrative Revenue Generation Opportunities?
“Presence of Several Pharmaceutical and Biosciences Firms in North America”
North America accounts for the highest share in the cardiovascular repair and reconstruction devices market owing to the presence of various pharmaceutical and biosciences firms as well as numerous prominent cardiovascular repair and reconstruction device manufacturers.
Increasing adoption of cardiovascular surgical instruments, growing consumer awareness of commercially accessible products and services, and the presence of a large target patient pool are the primary drivers of market expansion in the region. The sophisticated healthcare infrastructure, well-established reimbursement practices, and a significant amount of research activities are the factors driving the market growth in North America.
Country-wise Insights
Why is the U.S. Cardiovascular Repair and Reconstruction Devices Market So Prominent?
“High Adoption of Cardiovascular Disease Monitoring and Diagnostic Devices in the U.S.”
Factors driving the market expansion in the U.S. are the rising prevalence of heart disorders caused by unhealthy lifestyles, poor diet quality, and alcohol addiction, as well as the rapid acceptance of cardiovascular disease monitoring and diagnostic devices.
High levels of economic development, growing usage of cardiovascular ultrasound machines, and the availability of colleges, hospitals, manufacturers of medical devices, and research facilities are some of the main elements promoting the creation of innovative goods and their commercialization in the country.
Will China Be a Lucrative Market for Cardiovascular Repair and Reconstruction Device Suppliers?
“Growing Medical Tourism & Well-established Regulatory Framework for Cardiovascular Devices in China”
The cardiovascular repair and reconstruction devices market in China is anticipated to increase at a CAGR of 8.5% from 2022 to 2027.
Factors influencing the market growth in China are the ageing population, rising demand for cardiovascular OCT imaging techniques, high unmet healthcare demands, changing lifestyles, and advancements in the healthcare infrastructure.
The two main reasons anticipated to drive the market in China during the forecast period are the well-established regulatory framework for cardiovascular devices and the growing awareness among people about the seriousness of heart diseases. Increasing medical tourism is also anticipated to drive demand for cardiovascular reconstruction devices in the country.
Category-wise Insights
Why are Cardiovascular Grafts Witnessing Higher Demand?
“Rapid Implementation of Cardiovascular Grafts in Several Coronary Heart Disease Treatments”
Based on product, the cardiovascular repair and reconstruction devices market is divided into cardiovascular grafts, cardiovascular patches, and heart valve repair. Cardiovascular grafts account for 65% share of the global market.
Cardiovascular grafts are utilized to replace the aorta in cases of aortic aneurysm. Because coronary heart diseases, including atrial septal defect, ventricular septal defect, and double-outlet ventricles are becoming more common, cardiovascular graft applications in pediatric procedures are growing.
Additionally, endovascular stent grafts within this segment became the largest sub-segment as a result of a growth in their use in vascular procedures, particularly for the treatment of thoracic and abdominal aortic aneurysms.
Which End User is Likely to Contribute the Most to Market Expansion?
“Wide Availability of Healthcare Facilities with Modern Amenities and Presence of Skilled Practitioners in Hospitals”
Based on end user, the market is classified into hospitals, specialty clinics, and home care. Due to the rising need for skilled healthcare practitioners to implant crucial cardiovascular devices such as stents, sales of cardiovascular repair and reconstruction devices in hospitals are anticipated to grow at the highest CAGR throughout the projection period. Hospitals assist in reducing patient unpleasant responses during important medical treatments.
Hospital cardiac departments execute a wide range of operations, including open heart surgery, interventional cardiac treatments, and occlusion procedures, among others. Advanced cardiac devices are now used in these facilities as a result of rising spending on healthcare infrastructure in emerging economies.
Many hospitals in developing countries are sponsoring the expansion of the cardiac unit. The segment will therefore experience strong growth over the coming years because of the increased procedural volume and patients' choice of facilities with modern amenities.
Competitive Landscape
Manufacturers of cardiovascular repair and reconstruction devices are implementing a variety of organic and inorganic growth methods to get a competitive edge and solidify their market positions. Several market players are concentrating on their capabilities to invest in R&D initiatives for advanced cardiovascular medical devices.
For instance :
- In 2020, for its ultra-edition package of vivid cardiovascular ultrasound instruments, which contain new AI-based features that enable doctors to routinely achieve quicker, more accurate assessments, GE Healthcare received FDA 510k approval.
Key Segments in Cardiovascular Repair and Reconstruction Devices Industry Research
-
By Product :
- Cardiovascular Grafts
- Cardiovascular Patches
- Heart Valve Repair
-
By End User :
- Hospitals
- Specialty Clinics
- Home Care
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2017 to 2021 and Forecast, 2022 to 2027
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2027
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Product
- 9.1. Cardiovascular Grafts
- 9.2. Cardiovascular Patches
- 9.3. Heart Valve Repair
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by End User
- 10.1. Hospitals
- 10.2. Specialty Clinics
- 10.3. Home Care
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 15. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 17. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 19. Key and Emerging Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Abbotts
- 21.2. Terumo Medical Corporation
- 21.3. Getinge AB
- 21.4. Cryolife
- 21.5. Medtronic
- 21.6. W. L. Gore and Associates
- 21.7. Admedus Ltd.
- 21.8. Bard Peripheral Vascular
- 21.9. Edwards Lifesciences Corporation
- 21.10. LeMaitre Vascular Inc.
- 21.11. MAQUET Cardiovascular LLC
- 21.12. Reverse Medical Corporation
- 21.13. St Jude Medical
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 08: Latin America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 11: Europe Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 14: South Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 17: East Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 20: Oceania Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Product
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End User
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2017 to 2021
Figure 02: Global Market Volume Forecast (in 000' Units), 2022 to 2027
Figure 03: Pricing Analysis (US$) Per Product, By Region, 2021
Figure 04: Pricing Analysis (US$) Per Product, By Region, 2021
Figure 05: Global Market Value Analysis (US$ Mn), 2017 to 2021
Figure 06: Global Market Value Forecast (US$ Mn), 2022 to 2027
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2027
Figure 08: Global Market Share Analysis (%), By Product, 2022 to 2027
Figure 09: Global Market Y-o-Y Analysis (%), By Product, 2022 to 2027
Figure 10: Global Market Attractiveness Analysis by Product, 2022 to 2027
Figure 11: Global Market Share Analysis (%), By End User, 2022 to 2027
Figure 12: Global Market Y-o-Y Analysis (%), By End User, 2022 to 2027
Figure 13: Global Market Attractiveness Analysis by End User, 2022 to 2027
Figure 14: Global Market Share Analysis (%), By Region, 2022 to 2027
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2027
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2027
Figure 17: North America Market Value Share, By Product, 2022 (E)
Figure 18: North America Market Value Share, By End User, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 21: North America Market Value Forecast (US$ Mn), 2022 to 2027
Figure 22: North America Market Attractiveness Analysis by Product, 2022 to 2027
Figure 23: North America Market Attractiveness Analysis by End User, 2022 to 2027
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 25: Latin America Market Value Share, By Product, 2022 (E)
Figure 26: Latin America Market Value Share, By End User, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 29: Latin America Market Value Forecast (US$ Mn), 2022 to 2027
Figure 30: Latin America Market Attractiveness Analysis by Product, 2022 to 2027
Figure 31: Latin America Market Attractiveness Analysis by End User, 2022 to 2027
Figure 32: Latin America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 33: Europe Market Value Share, By Product, 2022 (E)
Figure 34: Europe Market Value Share, By End User, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2017 to 2021
Figure 37: Europe Market Value Forecast (US$ Mn), 2022 to 2027
Figure 38: Europe Market Attractiveness Analysis by Product, 2022 to 2027
Figure 39: Europe Market Attractiveness Analysis by End User, 2022 to 2027
Figure 40: Europe Market Attractiveness Analysis by Country, 2022 to 2027
Figure 41: South Asia Market Value Share, By Product, 2022 (E)
Figure 42: South Asia Market Value Share, By End User, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 45: South Asia Market Value Forecast (US$ Mn), 2022 to 2027
Figure 46: South Asia Market Attractiveness Analysis by Product, 2022 to 2027
Figure 47: South Asia Market Attractiveness Analysis by End User, 2022 to 2027
Figure 48: South Asia Market Attractiveness Analysis by Country, 2022 to 2027
Figure 49: East Asia Market Value Share, By Product, 2022 (E)
Figure 50: East Asia Market Value Share, By End User, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 53: East Asia Market Value Forecast (US$ Mn), 2022 to 2027
Figure 54: East Asia Market Attractiveness Analysis by Product, 2022 to 2027
Figure 55: East Asia Market Attractiveness Analysis by End User, 2022 to 2027
Figure 56: East Asia Market Attractiveness Analysis by Country, 2022 to 2027
Figure 57: Oceania Market Value Share, By Product, 2022 (E)
Figure 58: Oceania Market Value Share, By End User, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2017 to 2021
Figure 61: Oceania Market Value Forecast (US$ Mn), 2022 to 2027
Figure 62: Oceania Market Attractiveness Analysis by Product, 2022 to 2027
Figure 63: Oceania Market Attractiveness Analysis by End User, 2022 to 2027
Figure 64: Oceania Market Attractiveness Analysis by Country, 2022 to 2027
Figure 65: Middle East and Africa Market Value Share, By Product, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By End User, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2017 to 2021
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2022 to 2027
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product, 2022 to 2027
Figure 71: Middle East and Africa Market Attractiveness Analysis by End User, 2022 to 2027
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2022 to 2027
Figure 73: U. S. Market Value Analysis (US$ Mn), 2022 & 2027
Figure 74: U. S. Market Value Share, By Product, 2022 (E)
Figure 75: U. S. Market Value Share, By End User, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2022 & 2027
Figure 77: Canada Market Value Share, By Product, 2022 (E)
Figure 78: Canada Market Value Share, By End User, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2022 & 2027
Figure 80: Mexico Market Value Share, By Product, 2022 (E)
Figure 81: Mexico Market Value Share, By End User, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2022 & 2027
Figure 83: Brazil Market Value Share, By Product, 2022 (E)
Figure 84: Brazil Market Value Share, By End User, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2022 & 2027
Figure 86: U. K. Market Value Share, By Product, 2022 (E)
Figure 87: U. K. Market Value Share, By End User, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2022 & 2027
Figure 89: Germany Market Value Share, By Product, 2022 (E)
Figure 90: Germany Market Value Share, By End User, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2022 & 2027
Figure 92: France Market Value Share, By Product, 2022 (E)
Figure 93: France Market Value Share, By End User, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2022 & 2027
Figure 95: Italy Market Value Share, By Product, 2022 (E)
Figure 96: Italy Market Value Share, By End User, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2022 & 2027
Figure 98: Spain Market Value Share, By Product, 2022 (E)
Figure 99: Spain Market Value Share, By End User, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2022 & 2027
Figure 101: Russia Market Value Share, By Product, 2022 (E)
Figure 102: Russia Market Value Share, By End User, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2022 & 2027
Figure 104: China Market Value Share, By Product, 2022 (E)
Figure 105: China Market Value Share, By End User, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2022 & 2027
Figure 107: Japan Market Value Share, By Product, 2022 (E)
Figure 108: Japan Market Value Share, By End User, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2022 & 2027
Figure 110: South Korea Market Value Share, By Product, 2022 (E)
Figure 111: South Korea Market Value Share, By End User, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2022 & 2027
Figure 113: India Market Value Share, By Product, 2022 (E)
Figure 114: India Market Value Share, By End User, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2022 & 2027
Figure 116: ASEAN Market Value Share, By Product, 2022 (E)
Figure 117: ASEAN Market Value Share, By End User, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2022 & 2027
Figure 119: Australia Market Value Share, By Product, 2022 (E)
Figure 120: Australia Market Value Share, By End User, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2022 & 2027
Figure 122: New Zealand Market Value Share, By Product, 2022 (E)
Figure 123: New Zealand Market Value Share, By End User, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2027
Figure 125: GCC Countries Market Value Share, By Product, 2022 (E)
Figure 126: GCC Countries Market Value Share, By End User, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2022 & 2027
Figure 128: Turkey Market Value Share, By Product, 2022 (E)
Figure 129: Turkey Market Value Share, By End User, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2022 & 2027
Figure 131: South Africa Market Value Share, By Product, 2022 (E)
Figure 132: South Africa Market Value Share, By End User, 2022 (E)
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Competitive landscape highlights only certain players
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- FAQs -
What valuation does the cardiovascular repair and reconstruction devices market enjoy?
Currently, the global cardiovascular repair and reconstruction devices market stands at US$ 4.2 billion.
At what CAGR is the market predicted to expand?
From 2022 to 2027, sales of cardiovascular repair and reconstruction devices are set to increase at 5.5% CAGR.
Which segment is leading the global market for cardiovascular repair and reconstruction systems?
Cardiovascular grafts account for 65% share of the global market.
What is the estimated CAGR for the market in Canada?
The market for cardiovascular repair and reconstruction devices in Canada is set to expand at 4.2% CAGR.
Who are the key suppliers of cardiovascular repair and reconstruction devices?
Abbotts, Cryolife, and Medtronic are key suppliers of cardiovascular repair and reconstruction devices.
What is the projected market size for cardiovascular repair and reconstruction devices?
The cardiovascular repair and reconstruction devices market is projected to reach US$ 5.5 billion by 2027.
Cardiovascular Repair and Reconstruction Devices Market