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Cardiac Reconstruction Devices Market Forecast Report Offers Actionable Insights 2018 – 2026

Global Cardiac Reconstruction Devices Market: Overview

Cardiovascular diseases include a number of heart diseases such as congenital heart disease, coronary artery disease, and arrhythmias. Chest pain and heart attack can occur due to blockage in blood vessels. Symptoms of cardiovascular diseases are different in men and women; men are most likely to experience chest pain, while women may experience symptoms such as extreme fatigue, shortness of breath, and nausea. Cardiovascular reconstruction devices are used to remove the blockage in artery and veins. Cardiovascular grafts are used to replace the aorta in case of aortic aneurysm caused in blood vessels.

Global Cardiac Reconstruction Devices Market: Key Trends

Increase in incidence of cardiac surgeries due to the rise in prevalence of cardiac diseases is anticipated to drive the global cardiac reconstruction devices market. Rise in incidence of chronic cardiovascular diseases is also anticipated to propel the market across the globe. Furthermore, favorable reimbursement policies for cardiac patients is estimated to drive the global cardiac reconstruction devices market. According to the World Health Organization, cardiovascular disease is a one of the major causes of deaths across the world. Approximately 17.9 million deaths occurred in 2012 across the globe due to cardiovascular diseases. In April 2018, Terumo Aortic launched RelayPro Thoracic Stent Graft System for the treatment of thoracic endovascular aortic repair. In February 2018, Bentley Inno  med GmbH launched BeGraft Plus stent graft in Europe for the treatment of acute perforations and aneurysms. In October 2018, LeMaitre Vascular acquired Cardial subsidiary of BD (Becton Dickinson & Company). The Cardial product line includes surgical glue, valvulotomes, and woven and knitted vascular grafts. This acquisition enabled the company to strengthen its product portfolio and expand the international footprint.

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Global Cardiac Reconstruction Devices Market: Segmentation

The global cardiac reconstruction devices market can be segmented based on product, application, end-user, and region. In terms of product, the market can be bifurcated into graft and patch. Growth of the graft segment can be ascribed to the increase in cardiovascular surgeries due to cardiac diseases. Based on application, the market can be divided into vascular repair, cardiac repair, and others. The cardiac repair segment has been expanding owing to the rise in prevalence of cardiac diseases.

Global Cardiac Reconstruction Devices Market: Regional Analysis

Based on region, the global cardiac reconstruction devices market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted a significant share of the global market during the forecast period. Rise in prevalence of cardiac diseases owing to the aging population and presence of key players in the region are the factors anticipated to drive the market in the region. According to the American College of Cardiology Foundation, cardiovascular disease is the leading cause of death in the U.S. around 6.2 million people in U.S. suffered heart failure during 2013-2016. The cardiac reconstruction devices market in Europe is projected to expand, led by the increase in prevalence of cardiovascular diseases in the region. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to the growth in prevalence of cardiac diseases due to the changing lifestyle and high unmet health care needs.

Global Cardiac Reconstruction Devices Market: Competitive Landscape

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The global cardiac reconstruction devices market is highly fragmented due to the presence of a large number of market players. Large numbers of manufacturers hold prominent market share in their respective regions. Leading players engage in new product development to gain market share. A key trend of mergers and acquisitions and new product development among the leading players has been observed since the past few years. Prominent players operating in the global cardiac reconstruction devices market are W. L. Gore & Associates, Cardinal Health, LeMaitre Vascular, Terumo Cardiovascular Systems Corporation, Getinge AB, CryoLife, Inc., Baxter, MAQUET Holding B.V. & Co. KG, Edwards Lifesciences Corporation, and B. Braun Melsungen AG.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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