Market Research Report
Cardiovascular needles are utilized in vascular interventions to close the surgical wound. Different cardiovascular medical procedures incorporate percutaneous coronary interventions (Angioplasty), open heart medical procedure, heart valve techniques, heart transplant, coronary artery bypass graft surgery (CABG)and other negligibly obtrusive surgeries all of which use surgical needle. Growing number of a patient having cardiovascular diseases, diabetes, obesity and rising geriatric populace is driving the cardiovascular needles market.
The global cardiovascular needles market is rising rapidly due to its application in various fields such as open-heart surgery, Cardiovascular Needle procedures, heart transplant, coronary artery bypass graft surgery, heart transplant, and others. Furthermore, upsurge in number of people suffering from cardiovascular disease is one of the key factors for boosting the cardiovascular ultrasound system market. As indicated by World Health Organization (WHO), cardiovascular diseases are the number one cause of deaths across the world. In the year 2016, around 18 million people died of cardiovascular diseases globally, accounting for almost 31% of total global deaths. Thus, the upsurge in the number of cardiovascular diseases has augmented the demand of cardiovascular needles. furthermore, the other driving factors also includes rising geriatric populace, changes in lifestyle, increasing diabetes, excessive use of tobacco, incidence of obesity are the major drivers for the growth of global cardiovascular needle market. In addition to this change in lifestyle, excessive use of tobacco, incidence of obesity are some other factors expected to fuel the global cardiovascular needle market. Conversely, growing use of surgical staples instead of needles and suture is likely to hamper the growth of the market.
The report analyses the global Cardiovascular Needle Market based on Type, Application, Usage, End User and Geography.
Cardiovascular Needle Market by Type
Based on type, the cardiovascular needle market is bifurcated into round bodied needles and cutting needles. The round bodies needles segment is further segmented into taper point needles and blunt point needles. Further, cutting needles segment is sub categorised into conventional cutting needles and reverse cutting needles. Round bodied Needles are designed to separate tissue fibres rather than cut them, they are used for the soft tissue or where easy splitting of tissue fibres is possible. After the passage of the needle, the tissue closes tightly round the suture material, thereby forming a leak-proof suture line.
Cardiovascular Needle Market by Application
The market finds application in the open-heart surgery, cardiac valve procedures, coronary artery bypass graft surgery, heart transplant, and others. Coronary artery bypass grafting (CABG) is a medical procedure used to make a way for blood to stream to the heart. This is utilized for patients who have serious coronary illness. CABG is the most well-known kind of open-heart medical procedure in the United States. Inactive way of life, uneasiness, stress and high utilization of junk food are key reasons that causes cardiovascular diseases in people around the world.
Cardiovascular Needle Market by Usage
By usage, the market is categorised as single and multiple use needles. Among the usage, single use needles segment anticipated to have a greater share due to rising number of outpatient procedures as well as rising awareness about infectious diseases
Cardiovascular Needle Market by End User
Cardiovascular needles market by end user is bifurcated into hospitals, clinics, ambulatory surgical centers and others. Among these, hospitals hold the largest share in this market and are anticipated to maintain this trend during the forecast period. Growing patient base and large presence of skilled professionals in the hospital settings have been supporting the growth of this end-user category.
Cardiovascular Needle Market by Geography
By geography, the global Cardiovascular Needle Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, and Rest of the world.
The North America held the largest market share of the global cardiovascular needle market and it is estimated to lead the market throughout the forecast period. This is mainly attributed to increasing prevalence of cardiovascular coupled with the growing to presence of sophisticated healthcare infrastructure, increasing awareness of patients and healthcare professionals and better reimbursement policies. The U.S. is anticipated to dominate the North American market for cardiovascular needles market, owing to the high prevalence of CVDs.
Asia Pacific cardiovascular needle market is predicted to ride on various growth opportunities such as increased medical tourism, surge in innovation and research, and rising healthcare expenditure and growing awareness among the people. Further, the presence of developing economies, such as India and China, and the presence of robust healthcare infrastructure facility along with increased affordability and technological advancement further boost the growth of the market in this region.
Some of the prominent players in the operating in the cardiovascular needle market are Barber of Sheffield Ltd., CP Medical, Inc., Ethicon US, LLC, MANI, Inc., FSSB surgical needles GmbH SMB Corporation, Quality Needles Pvt. Ltd., etc. among others
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The report analyses the global cardiovascular needle market based on Type, Application, Usage, End User and Geography.
Based on the type, market is categorised into round bodied needles and cutting needles. Round-bodied needles sub segmented into taper point needles and blunt point needles. Also, cutting needles segment is further categorised into conventional cutting needles and reverse cutting needles. On the basis of the application, it is segmented into open heart surgery, cardiac valve procedures, coronary artery bypass graft surgery, heart transplant, and others. Also based upon usage, the market is segmented into single use and multiple uses. By end user, it is segmented into hospitals, clinics, ambulatory surgical centers and others.
Some of the prominent players in the operating in the cardiovascular needles market are Barber of Sheffield Ltd., CP Medical, Inc., Ethicon US, LLC, MANI, Inc., FSSB surgical needles GmbH SMB Corporation, Quality Needles Pvt. Ltd., etc. among others
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