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Cardiovascular Needle Market: Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis 2017 - 2025

  • ID : 240342
  • Date : 21st May, 2018
  • Region : Global
  • Pages :

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Cardiovascular Needle by type (Round-Bodied Needles, Cutting Needles), by application (Open Heart Surgery, Cardiac Valve Procedures), by end user (Hospitals, Clinics) - Global Forecast till 2025.


The growing number of heart patients is boosting the growth of cardiovascular needles.  Cardiovascular needles are used in number of cardiovascular surgeries such as open heart surgery, cardiac valve procedures, heart transplant and others. Cardiovascular needles are generally used in various heart and vascular mediations to close the surgical wound.


The major drivers of the rise of Cardiovascular Needle market is increasing prevalence of cardiac related disease especially in geriatric population and unhealthy lifestyle of people which leads to cardiac disorders. Apart from this, diabetic people are prone to cardiac diseases. As per WHO, there are 422 million (2014) people are suffering from diabetes, majority of them have cardiovascular disorder. Additionally, unhealthy habits such as consumption of tobacco products & alcohol and increasing cases of obesity are other factors that fuel the growth of the market.


However, lack of medical professionals, low awareness and use of alternates such as staples are hampering the growth of the market.


Nevertheless, the increasing expenditure on research & development in healthcare sector and growing demand for sophisticated medical tools will help the growth of the market. Furthermore, with increasing population the patient pool of cardiovascular disease is growing. As per the data of WHO, 17.7 million people die each year because of cardiovascular disease.


Market segmentation:

The cardiovascular needle market is segmented on the basis of type, application, end user and region.


Based on type the market is segmented into round bodied needles and cutting needles. Furthermore, round-bodied needles segmented into taper point needles and blunt point needles. Cutting needles are further segmented into conventional cutting needles and reverse cutting needles.  


On the basis of the application, the market is segmented into open heart surgery, cardiac valve procedures, coronary artery bypass graft surgery, heart transplant, and others.


The end users of market is segmented as hospitals/clinics, ambulatory surgical centers, and others


Regional analysis:

The global cardiovascular needle market is regionally segmented into North America, Europe, Asia pacific and Latin America, Middle East & Africa.


North America is the market leader of cardiovascular needle owing to their large patient pool and huge investment in research & development in healthcare technology. According to the American Heart Association, in 2017, cardiovascular disease listed as the underlying cause of death which is likely to account for nearly 801,000 deaths in the US by the end of this year. It further estimated that about 2,200 Americans die of cardiovascular disease each day.


Europe holds the second position of the cardiovascular needle market as most of the key players belong to the region also they are exporters of needle to developing countries.


Asia pacific market is the fastest growing market of the forecast period. According to American heart association, 6% of Asians have heart disease and 3.3% of Asians have coronary heart disease (CHD). Additionally the number of people with obesity and diabetes is increasing in Asian countries.


LAMEA region has the slowest growth in forecast period but the market is expected to have swift growth in near future. Arab countries occupy the largest market share of the region.


Key Players:

Dickinson, and Company (US), B. Braun Melsungen AG (Germany), Sheffield Ltd. (UK), CP Medical, Inc. (the US), Ethicon Inc. (US), KLS Martin Group (US), Teleflex Incorporated (US), Medline Industries, Inc. (US), Surgins surgical Ltd. (UK), Surtax 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) are some of the key players of the market.


Global market segmentation:

• By type

o Round bodied needles

 Taper point needles

 Blunt point needles 

o Cutting needles

 Conventional cutting needles 

 Reverse cutting needles


• By application

o Open heart surgery

o Cardiac valve procedures

o Coronary arteries bypass graft surgery

o Heart transplant

o Others


• By end user

o Hospitals/clinics

o Ambulatory surgical centers

o Others


• By Geography

o North America

 U.S.

 Canada

 Mexico

o Europe

 UK

 Germany

 France

 Italy

 Spain

 Rest of Europe

o Asia-Pacific

 China

 India

 Japan

 South Korea

 Rest of Asia-Pacific

o LAMEA

 Brazil

 Saudi Arabia

 South Africa

 Rest of LAMEA 

Research Scope


The study for Global Cardiovascular needle Market Survey and Trend Research 2018 will provide market size, estimates and forecast based on the following years: 

 

Historic data: 2015  Base Year Estimate: 2017  Forecast: 2018 to 2025


The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 

Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 


1. Introduction

1.1. Market Definition

1.2. Market Scope


2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions


3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. Key Market Trend Analysis

3.2.1. Market Drivers

3.2.2. Market Restraint/Challenges

3.2.3. Market Opportunities

3.3. Porter’s Five Forces Analysis

3.4. Potential Venture Avenues

3.5. Market Share Analysis, 2016 


4. Application  Overview

4.1. Introduction 

4.2. Market Size & Forecast, 2015 to 2025

4.3. By application

4.3.1. open heart surgery

4.3.2. cardiac valve procedures

4.3.3. coronary artery bypass graft surgery

4.3.4. heart transplant,

 (Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


5. Regional Overview

5.1. Introduction

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. North America

5.2.1.1. U.S.

5.2.1.2. Canada

5.2.1.3. Mexico 

5.2.2. Europe

5.2.2.1. UK

5.2.2.2. Germany

5.2.2.3. France

5.2.2.4. Italy 

5.2.2.5. Russia

5.2.2.6. Poland

5.2.2.7. Rest of Europe

5.2.3. Asia-Pacific

5.2.3.1. China

5.2.3.2. India

5.2.3.3. Japan

5.2.3.4. Australia

5.2.3.5. South Korea

5.2.3.6. Rest of Asia-Pacific

5.2.4. LAMEA

5.2.4.1. Saudi Arabia

5.2.4.2. UAE

5.2.4.3. South Africa

5.2.4.4. Rest of LAMEA

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)


6. Manufacturer/ Vendor Profile

6.1. The following attributes will be considered while profiling key manufacturers in this industry: 

6.1.1.1. Company Overview

6.1.1.2. Financial Synopsis

6.1.1.3. Recent Developments

6.1.1.4. R&D Investments (if any)

6.1.1.5. Strategy Overview (Analyst Perspective)

6.1.1.6. Product Portfolio

6.2. Companies Profiled

6.2.1. Dickinson, and Company 

6.2.2. B. Braun Melsungen AG 

6.2.3. Sheffield Ltd. 

6.2.4. CP Medical, Inc. 

6.2.5. Ethicon Inc. 

6.2.6. KLS Martin Group 

6.2.7. Teleflex Incorporated

6.2.8. Medline Industries, Inc.

6.2.9. Surgins surgical Ltd. 

6.2.10. Surtax Instruments Ltd. 

6.2.11. Cardivon Surgical Inc. 

6.2.12. Symmetry Surgical Inc. 

6.2.13. Delacroix-Chevalier 

6.2.14. Wexler Surgical  

6.2.15. Quality Needles Pvt. Ltd. 

6.2.16. FSSB surgical needles GmbH

(Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.) 

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What's Included

  • Market Size
  • Market Share
  • Market Segmentation
  • Market Forecast
  • Regional Segment Analysis
  • Compound Annual Growth Rate
  • Company & Brand Details
  • Market Revenue and Growth Opportunities
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