Market Overview:
The global cardiovascular repair and reconstruction devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, rising geriatric population, and technological advancements in cardiac surgery procedures. The global cardiovascular repair and reconstruction devices market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into heart valve repair, grafts, patches, and others. The heart valve repair segment accounted for the largest share of the global cardiovascular repair and reconstruction devices market in 2017 owing to its growing demand for minimally invasive surgeries. On the basis of application, tissue repair procedures accounted for a major share of this market in 2017 due to their increasing use in cardiac surgeries.
Product Definition:
A cardiovascular repair and reconstruction device is a medical device that is used to help repair or rebuild the heart or blood vessels. These devices can include stents, grafts, and valves. The importance of these devices is that they can help improve the function of the heart or blood vessels, which can improve the patient's quality of life.
Heart Valve Repair:
The heart valve repair devices market is expected to grow at a lucrative rate during the forecast period owing to factors such as growing prevalence of congenital heart defects, increasing geriatric population and rising incidences of lifestyle diseases. According to the American Heart Association, over 12 million people in America suffer from some form of cardiovascular disease. The number is expected to reach over 18 million by 2030.
Graft:
Graft is a tissue replacement material that is used in cardiovascular repair and reconstruction devices. It helps to restore the function of damaged heart valves, blood vessels, and heart muscle tissues. Grafts are also used for repairing or replacing damaged parts of the heart or lungs (cardiac repair) as well as reconstructing organs (lung reconstruction).
Application Insights:
The tissue repair procedures segment dominated the market in 2017 and is expected to witness a lucrative CAGR during the forecast period. This can be attributed to increasing number of patients suffering from various types of chronic wounds, such as diabetic foot ulcers, pressure ulcers and venous leg ulcers. According to estimates published by NCBI in 2018, venous leg ulcer patients accounted for around 15% of total wound care population but they contribute around 35% towards total healthcare expenditure due to high incidence rate and prevalence rate associated with this condition. Thus, growing application scope for these devices across various chronic wounds is anticipated to boost demand over the forecast period.
Global cardiovascular repair.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing prevalence of cardiovascular diseases and growing geriatric population. The U.S held a major share in North America region due to the presence of key players such as Abbott, Medtronic, and Stryker.
In Asia Pacific countries such as India.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs) due to changing lifestyles and aging population
- Growing demand for minimally invasive procedures for CVD treatment
- Rising awareness about the benefits of early diagnosis and treatment of CVDs
- Technological advancements in cardiovascular repair and reconstruction devices market
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Cardiovascular Repair And Reconstruction Devices Market Research Report
By Type
Heart Valve Repair, Graft, Patches
By Application
Tissue Repair Procedures, Vascular Repair & Reconstruction, Dural Repair
By Companies
Medtronic, Bard Peripheral Vascular, Terumo Cardiovascular Systems, W. L. Gore & Associates, Getinge, CryoLife, Edwards Lifesciences, Baxter, Admedus, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Cardiovascular Repair And Reconstruction Devices Market Report Segments:
The global Cardiovascular Repair And Reconstruction Devices market is segmented on the basis of:
Types
Heart Valve Repair, Graft, Patches
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Tissue Repair Procedures, Vascular Repair & Reconstruction, Dural Repair
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Bard Peripheral Vascular
- Terumo Cardiovascular Systems
- W. L. Gore & Associates
- Getinge
- CryoLife
- Edwards Lifesciences
- Baxter
- Admedus
- Medtronic
Highlights of The Cardiovascular Repair And Reconstruction Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heart Valve Repair
- Graft
- Patches
- By Application:
- Tissue Repair Procedures
- Vascular Repair & Reconstruction
- Dural Repair
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cardiovascular Repair And Reconstruction Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cardiovascular repair and reconstruction devices are medical devices that are used to help restore or reconstruct the heart, blood vessels, and other organs. These devices can be used to treat a variety of conditions, including heart disease, stroke, and vascular problems.
Some of the major players in the cardiovascular repair and reconstruction devices market are Medtronic, Bard Peripheral Vascular, Terumo Cardiovascular Systems, W. L. Gore & Associates, Getinge, CryoLife, Edwards Lifesciences, Baxter, Admedus, Medtronic.
The cardiovascular repair and reconstruction devices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cardiovascular Repair And Reconstruction Devices Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cardiovascular Repair And Reconstruction Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cardiovascular Repair And Reconstruction Devices Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cardiovascular Repair And Reconstruction Devices Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cardiovascular Repair And Reconstruction Devices Market Size & Forecast, 2020-2028 4.5.1 Cardiovascular Repair And Reconstruction Devices Market Size and Y-o-Y Growth 4.5.2 Cardiovascular Repair And Reconstruction Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Heart Valve Repair
5.2.2 Graft
5.2.3 Patches
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Tissue Repair Procedures
6.2.2 Vascular Repair & Reconstruction
6.2.3 Dural Repair
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cardiovascular Repair And Reconstruction Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cardiovascular Repair And Reconstruction Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Heart Valve Repair
9.6.2 Graft
9.6.3 Patches
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Tissue Repair Procedures
9.10.2 Vascular Repair & Reconstruction
9.10.3 Dural Repair
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Heart Valve Repair
10.6.2 Graft
10.6.3 Patches
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Tissue Repair Procedures
10.10.2 Vascular Repair & Reconstruction
10.10.3 Dural Repair
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Heart Valve Repair
11.6.2 Graft
11.6.3 Patches
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Tissue Repair Procedures
11.10.2 Vascular Repair & Reconstruction
11.10.3 Dural Repair
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Heart Valve Repair
12.6.2 Graft
12.6.3 Patches
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Tissue Repair Procedures
12.10.2 Vascular Repair & Reconstruction
12.10.3 Dural Repair
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Heart Valve Repair
13.6.2 Graft
13.6.3 Patches
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Tissue Repair Procedures
13.10.2 Vascular Repair & Reconstruction
13.10.3 Dural Repair
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cardiovascular Repair And Reconstruction Devices Market: Competitive Dashboard
14.2 Global Cardiovascular Repair And Reconstruction Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Bard Peripheral Vascular
14.3.3 Terumo Cardiovascular Systems
14.3.4 W. L. Gore & Associates
14.3.5 Getinge
14.3.6 CryoLife
14.3.7 Edwards Lifesciences
14.3.8 Baxter
14.3.9 Admedus
14.3.10 Medtronic