Healthcare Market Trends Cardiac Surgery Instruments Market | Página 3

➢ [150 Pages Report] The cardiac surgery instruments market is expected to reach
USD 1.63 Billion by 2022 from USD 1.16 Billion in 2017 at a CAGR of 7.1%. Major
factors driving the growth of this market include growing prevalence of cardiac
conditions and the subsequent increase in the number of surgical procedures,
rising geriatric population, and growing investments, funds, and grants by
government bodies worldwide. However, adoption of alternative surgical
methods and lack of Medicare payments may restrain the growth of this market.
➢ North America dominated the global cardiac surgery instruments market in
2017, with the U.S. accounting for a major share of this regional market. Factors
such as high incidence of cardiac diseases, rising awareness programs and
increased funding for research projects are likely to drive the growth of the
North American market.
➢ North America, Europe dominated the global market in 2017. The European
market is mainly driven by increasing adoption of surgical procedures in
cardiology, growth in European healthcare sector, and awareness programs.
However, the Asian market is slated to grow at the highest CAGR owing to the
increasing government and private sector investments in healthcare, growing
purchasing power and high incidence of cardiac diseases. Some prominent markets
in Asia include China, India, and Japan.
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