Cardiac Surgery Instruments Market Size, Industry
Analysis Report, Regional Outlook and Forecast,
2017 – 2024: Global Market Insights Inc.
Cardiac Surgery Instruments Market size is projected to experience significant growth from 2017 to 2024
owing to increased occurrence of heart diseases. Growing geriatric population base
coupled with increased prevalence of heart diseases should drive the industry over the
forecast period. Heart disorder is the foremost cause of deaths across the world.
Lifestyle related change, eating habits and stress leads to several heart diseases and
need cardiac surgery for the treatment.
Growing number of heart failure cases, heart attack and other heart related illness
should further drive cardiac surgery instruments market growth. Direct and indirect
cost related to heart diseases is around USD 320 billion which includes health spending
and also productivity. Manufacturers of cardiac devices are developing novel
instruments and tools along with traditional devices to offer more usable product.
Growing number of obesity among people, poor nutrition, technological advancement in
cardiac instruments and various other heart-health stressors should drive industry
growth over the forecast period.
The Society of Thoracic Surgeons (STS) is a non-profit group and represents over 7,200
surgeons, allied health care professionals and researchers across the world engaged to
ensure the best results for heart, lung and esophagus surgeries and also other surgical
procedures within the chest. Cardiothoracic surgical organizations play significant role
in reaching out to the health professionals, patients and other groups. The organization
guide biomedical research, discover novel therapies and involve in high quality surgical
practice. Initiatives taken by such organizations should drive cardiac surgery
instruments market growth. The adoption of an alternative surgical devices with
insufficient Medicare payments and stringent regulations for the approval of medical
devices by governing bodies should restrain industry growth.
Forceps should contribute for significant revenue share over the forecast period. The
growth is attributed due to growing number of cardiac surgeries and frequent usage of
forceps in most of the procedures. Clamps will experience lucrative growth due to its
usage to stop the flow of blood form organ. It is mostly used in coronary surgery to stop
the blood flow.
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