Global Cardiovascular Surgery Devices and Equipment Market Value Expected To Reach $24.3 Billion By 2023

Global Cardiovascular Surgery Devices and Equipment Market Value Expected To Reach $24.3 Billion By 2023

Cardiovascular Surgery Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery

Abbott Is One Of The Largest Players In The Cardiovascular Surgery Devices and Equipment Market, According To The Business Research Company’s Cardiovascular Surgery Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery

(Companies Covered: Abbott Laboratories, Boston Scientific Corporation, Cook Medical, C.R.Bard, Abiomed, St.Jude medical, Angiodynamics, Inc., Transmedics, Terumo cardiovascular systems corporation)

The global cardiovascular surgery devices and equipment market is expected to decline from $19.1 billion in 2019 to $15.6 billion in 2020 at a compound annual growth rate of -18.5%. The decline is mainly because of the lockdown measures due to the COVID-19 outbreak. The decrease in the demand for cardiovascular devices due to decreased number of cardiac surgeries for reasons such as re-scheduling of surgeries, cancellations and no-show by patients, coupled with the restrictions by government and health authorities to shutdown factories manufacturing these devices to contain the spread of virus and keep the staff safe, contribute to this decline. The market is then expected to recover and grow at a compound annual growth rate of 5.9% from 2021 and reach $24.3 billion in 2023.

Read More On The Global Cardiovascular Surgery Devices and Equipment Market Report At –https://www.thebusinessresearchcompany.com/report/cardiovascular-surgery-devices-and-equipment-global-market-report

The cardiovascular surgery devices and equipment market consists of sales of cardiovascular surgery devices and related services. Cardiovascular surgery devices and equipment are used in cardiac surgery and other cardiovascular procedures performed to repair structural defects of the cardiovascular system of the heart and its damaged or blocked valves and vessels.

Global Cardiovascular Surgery Devices and Equipment Market Segmentation –
1) By Product Type: Beating heart surgery systems, Cardiopulmonary Bypass Equipment, Cardiac Ablation Devices, Perfusion Disposables.
2) By End User: Home and Ambulatory care, Hospitals, Diagnostic laboratories, Research laboratories.
3) By Application: Congenital Heart Defects, Cardiac Arrhythmia, Coronary Heart Disease, Congestive Heart Failure, Other Applications.

Global Cardiovascular Surgery Devices and Equipment Market Driver –
According to American Heart Association (AHA), in the US, approximately 43.7 million aged above 60 suffered from cardiovascular disorders. It is also reported by AHA that death related to cardiac diseases amount to 17.3 million per year and is expected to rise to more than 23.6 million by 2030, world-wide. Due to these factors, higher number of surgeries are being performed, thereby driving the market.

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Few Points From The Global Cardiovascular Surgery Devices and Equipment Market TOC
1. Executive Summary
2. Cardiovascular Surgery Devices and Equipment Market Characteristics
3. Cardiovascular Surgery Devices and Equipment Market Size And Growth
3.1. Global Cardiovascular Surgery Devices and Equipment Historic Market, 2015-2019, $ Billion
3.1.1. Drivers Of The Market
4. Cardiovascular Surgery Devices and Equipment Market Segmentation
4.1. Global Cardiovascular Surgery Devices and Equipment Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Cardiovascular Surgery Devices and Equipment Market Regional And Country Analysis
5.1. Global Cardiovascular Surgery Devices and Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Cardiovascular Surgery Devices and Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Cardiovascular Surgery Devices and Equipment Market 
6.1. Asia-Pacific Cardiovascular Surgery Devices and Equipment Market Overview 

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