Cardiac Surgery Market Analysis, Size, Trends | Global | 2018-2024 | MedSuite
- Year: 2018
- Scope: 2014-2024
- Region: Asia-Pacific, China, Europe, United States
- Published Date: 06/04/2018
- Pages: 2145
- Type: MedSuite
A major driver of growth in the cardiac surgery market is the aging population. As the population ages, the rate of heart failure will increase. In addition, the elderly is often not suitable for open heart surgery. The aging population also drives the growth of minimally invasive procedures, such as transcatheter heart valve replacement.
As mentioned above, there is an emerging trend towards minimally invasive procedures in the cardiac surgery market. Minimally invasive procedures reduce hospitalization and pain for the patient compared to the traditional open-heart surgery. In addition, minimally invasive procedures allow for the market to reach a population of previously inoperable patients due to health issues or age. Growth will be driven by the large potential patient population, improved diagnostic capabilities, new product launches, positive clinical results and favorable reimbursement conditions. The transcatheter mitral valve repair market, though smaller than TAVI, is also expected to grow rapidly over the forecast period, benefiting from many of the same drivers as TAVI.
Report Regional Coverage
Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:
- United States
- Europe (15 countries including: Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Denmark, Finland, Norway and Sweden) Austria, Switzerland and Portugal)
- Asia-Pacific (Japan, Australia, South Korea)
The Only Medical Device Market Research With:
|✔ Procedure Volume Data & Trends
✔ Unit Sales Growth Analysis
✔ Average Selling Prices
✔ Competitor Shares by Segment & Country
✔ SKU-Level Research Methods
✔ The Lowest Acquisition Cost
Highly Detailed Segmentation
While this report suite contains all applicable cardiac surgery market data, each of the market segments are also available as stand alone MedCore reports. This allows you to get access to only the cardiac surgery market research that you need. You can view all these included reports and segmentation here:
- Procedure Volumes for Cardiac Surgery – MedPro
- Tissue Heart Valve Market – MedCore
- Mechanical Heart Valve Market – MedCore
- Annuloplasty Repair Device Market – MedCore
- Transcatheter Mitral Valve Repair Device Market – MedCore
- Transcatheter Heart Valve Replacement Market – MedCore
- On-Pump Coronary Artery Bypass Device Market – MedCore
- Off-Pump Coronary Artery Bypass Device Market – MedCore
- Endoscopic Vessel Harvesting Device Market – MedCore
- Anastomosis Assist Device Market – MedCore
- Transmyocardial Revascularization Device Market – MedCore
- Ventricular Assist Device Market – MedCore
- Intra-Aortic Balloon Pump Market – MedCore
- Temporary Artificial Heart Replacement Device Market – MedCore
- Remote Hemodynamic Monitoring System Market – MedCore
- Patent Foramen Ovale Device Market – MedCore
- Atrial and Ventricular Septal Defect Device Market – MedCore
- Left Atrial Appendage Closure Device Market – MedCore
Buying all of these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More
Full Segmentation Map for the United States
Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Procedure Volume Analysis and Trends
- 10 Year Scope and Forecast Range
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Cardiac Surgery Market Share Insights
The leaders in the cardiac surgery market are Edwards Lifesciences, Abbott, and Medtronic. Together, they combine to make up a majority of both the United States and European markets. The majority of Edwards Lifesciences’ market share comes from their dominance in the transcatheter heart valve replacement segment. Edwards Lifesciences offers their SAPIEN 3® and SAPIEN XT® as their transcatheter heart valve replacement option. Edwards Lifesciences also has a strong presence in the tissue heart valve and annuloplasty segment.
Medtronic achieved its strong position in the market by having a substantial presence in multiple market segments. The company offers a wide range of products across the cardiac surgery device markets, and is a major competitor in every one that it operates in. The company is a giant in the global medical device market and is poised to increase revenues in its cardiac surgery division.
Abbott’s share in the total European cardiac surgery device market increased in 2017, following the completion of its acquisition of St. Jude Medical, a long-standing leader in the global cardiac surgery space. Abbott also has products in many of the market segments and has a strong presence in the ventricular assist device segment.
All Companies Analyzed in this Study
Cardiac Surgery Statistics and Procedure Trends
It is estimated that over 800,000 cardiac surgery procedures are performed annually in the United States. The largest portion of the procedures comes from coronary artery bypass graft procedures which accounts for almost half of the total procedures. Despite being the most common type of procedure, coronary artery bypass grafting procedures are declining as more effective alternatives are growing. The second largest type of procedure would be the open-heart surgical heart valve replacement procedures; however, surgical heart valve replacement has slowed down in growth, mainly due to the introduction of transcatheter heart valve replacement products.
In Europe, there are an estimated 500,000 procedures performed annually, of which, the majority are coronary artery bypass graft procedures.
Cardiac surgery procedures are expected to increase over the forecast period. New types of products and technological advancements will spur growth. In addition, there will be a growing need for cardiac surgery as the average age of the population increases.
UNITED STATES TABLE OF CONTENTSLIST OF FIGURES XILIST OF CHARTS XVIIEXECUTIVE SUMMARY 23U.S. CARDIAC SURGERY AND HEART VALVE DEVICE MARKET OVERVIEW 23COMPETITIVE ANALYSIS 25MARKET TRENDS 28MARKET DEVELOPMENTS 32PROCEDURE NUMBERS 33PROCEDURE CODES INVESTIGATED 34MARKETS INCLUDED 35KEY REPORT UPDATES 36VERSION HISTORY 36RESEARCH METHODOLOGY 371.1 RESEARCH SCOPE 371.2 IDATAS 9-STEP METHODOLOGY 37Step 1: Project Initiation & Team Selection 37Step 2: Prepare Data Systems and Perform Secondary Research 39Step 3: Preparation for Interviews & Questionnaire Design 40Step 4: Performing Primary Research 41Step 5: Research Analysis: Establishing Baseline Estimates 43Step 6: Market Forecast and Analysis 44Step 7: Identify Strategic Opportunities 46Step 8: Final Review and Market Release 47Step 9: Customer Feedback and Market Monitoring 48
U.S. CARDIAC SURGERY AND HEART VALVE DEVICES MARKET OVERVIEW2.1 INTRODUCTION 492.2 MARKET OVERVIEW 502.3 TREND ANALYSIS BY SEGMENT 562.4 DRIVERS AND LIMITERS 612.4.1 Market Drivers 612.4.2 Market Limiters 612.5 COMPETITIVE MARKET SHARE ANALYSIS 63
PROCEDURE NUMBERS3.1 INTRODUCTION 683.2 CARDIAC SURGERY AND HEART VALVE PROCEDURES 693.3 SURGICAL HEART VALVE REPLACEMENT PROCEDURES 733.3.1 Tissue Heart Valve Procedures by Valve Type 753.3.2 Tissue Heart Valve Procedures by Device Type 773.3.3 Tissue Heart Valve Procedures by Tissue Type 793.3.4 Mechanical Heart Valve Procedures by Valve Type 813.3.5 Mechanical Heart Valve Procedures by Tissue Type 833.4 ANNULOPLASTY REPAIR PROCEDURES 853.4.1 Annuloplasty Repair Procedures by Valve Type 853.4.2 Annuloplasty Repair Procedures by Device Type 873.5 TRANSCATHETER HEART VALVE REPAIR PROCEDURES 893.6 TRANSCATHETER HEART VALVE IMPLANTATION PROCEDURES 913.6.1 Transcatheter Heart Valve Implantation Procedures by Valve Type 9184.108.40.206 Transcatheter Heart Valve Implantation Procedures by Approach 9220.127.116.11 Transcatheter Heart Valve Implantation Procedures by Patient Risk Class 953.7 CABG PROCEDURES 973.7.1 CABG Procedures by Support Type 918.104.22.168 CABG Procedures by Type 1003.7.1.2 CABG Vessel Harvesting Procedures by Type 1023.7.1.3 CABG Procedures by Suture Type 1043.8 TRANSMYOCARDIAL REVASCULARIZATION PROCEDURES 1063.9 VENTRICULAR ASSIST PROCEDURES 1083.9.1 Ventricular Assist Procedures by Device Type 1083.9.1.1 CABG Procedures by Type 122.214.171.124 CABG Vessel Harvesting Procedures by Type 1126.96.36.199 CABG Procedures by Suture Type 115
TISSUE HEART VALVE MARKET4.1 INTRODUCTION 1174.2 MARKET OVERVIEW 1184.2.1 Tissue Heart Valve Market by Device Type 1184.2.2 Tissue Heart Valve Market by Tissue Type 1214.3 MARKET ANALYSIS AND FORECAST 1244.3.1 Total Tissue Heart Valve Market 1244.3.2 Stented Tissue Heart Valve Market 1264.3.3 Stentless Tissue Heart Valve Market 1284.3.4 Sutureless Tissue Heart Valve Market 1304.3.5 Xenograft Tissue Heart Valve Market 1324.3.6 Allograft Tissue Heart Valve Market 1344.4 DRIVERS AND LIMITERS 1364.4.1 Market Drivers 1364.4.2 Market Limiters 1364.5 COMPETITIVE MARKET SHARE ANALYSIS 137
MECHANICAL HEART VALVE MARKET5.1 INTRODUCTION 1405.2 MARKET OVERVIEW 1415.3 MARKET ANALYSIS AND FORECAST 1455.3.1 Total Mechanical Heart Valve Market 1455.3.2 Mechanical Heart Valve without Conduit Market 1475.3.3 Mechanical Heart Valve with Conduit Market 1495.4 DRIVERS AND LIMITERS 1515.4.1 Market Drivers 1515.4.2 Market Limiters 1515.5 COMPETITIVE MARKET SHARE ANALYSIS 152
ANNULOPLASTY REPAIR MARKET6.1 INTRODUCTION 1556.2 MARKET OVERVIEW 1566.3 MARKET ANALYSIS AND FORECAST 1606.3.1 Total Annuloplasty Repair Market 1606.3.2 Ring Device Market 1626.3.3 Band Device Market 1646.4 DRIVERS AND LIMITERS 1666.4.1 Market Drivers 1666.4.2 Market Limiters 1666.5 COMPETITIVE MARKET SHARE ANALYSIS 167
TRANSCATHETER MITRAL VALVE REPAIR MARKET7.1 INTRODUCTION 1707.2 MARKET ANALYSIS AND FORECAST 1717.3 DRIVERS AND LIMITERS 1737.3.1 Market Drivers 1737.3.2 Market Limiters 1737.4 COMPETITIVE MARKET SHARE ANALYSIS 174
TRANSCATHETER HEART VALVE IMPLANTATION MARKET8.1 INTRODUCTION 1778.2 MARKET OVERVIEW 1788.3 MARKET ANALYSIS AND FORECAST 1828.3.1 Total Transcatheter Heart Valve Implantation Market 1828.3.2 Transcatheter Aortic Valve Implantation Market 1848.3.3 Transcatheter Pulmonary Valve Implantation Market 1868.4 DRIVERS AND LIMITERS 1888.4.1 Market Drivers 1888.4.2 Market Limiters 1888.5 COMPETITIVE MARKET SHARE ANALYSIS 189
ON-PUMP CORONARY ARTERY BYPASS DEVICE MARKET9.1 INTRODUCTION 1929.2 MARKET OVERVIEW 1939.3 MARKET ANALYSIS AND FORECAST 1979.3.1 On-Pump Coronary Artery Bypass Disposables Market 1979.3.2 Perfusion System Market 1999.4 DRIVERS AND LIMITERS 2019.4.1 Market Drivers 2019.4.2 Market Limiters 2019.5 COMPETITIVE MARKET SHARE ANALYSIS 202
OFF-PUMP CORONARY ARTERY BYPASS DEVICE MARKET10.1 INTRODUCTION 20510.2 MARKET OVERVIEW 20610.3 MARKET ANALYSIS AND FORECAST 20910.3.1 Stabilizer Device Market 20910.3.2 Positioner Market 21110.3.3 Off-Pump Coronary Artery Bypass Accessories Market 21310.3.3.1 Blower/Mister Market 21610.3.3.2 Intracoronary Shunt Market 21810.4 DRIVERS AND LIMITERS 22010.4.1 Market Drivers 22010.4.2 Market Limiters 22010.5 COMPETITIVE MARKET SHARE ANALYSIS 221
ENDOSCOPIC VESSEL HARVESTING DEVICE MARKET11.1 INTRODUCTION 22411.2 MARKET ANALYSIS AND FORECAST 22511.3 DRIVERS AND LIMITERS 22711.3.1 Market Drivers 22711.3.2 Market Limiters 22711.4 COMPETITIVE MARKET SHARE ANALYSIS 228
ANASTOMOSIS ASSIST DEVICE MARKET12.1 INTRODUCTION 23112.2 MARKET OVERVIEW 23212.3 MARKET ANALYSIS AND FORECAST 23612.3.1 Total Anastomosis Assist Device Market 23612.3.2 Proximal Anastomosis Assist Device Market 23812.3.3 Distal Anastomosis Assist Device Market 24012.4 DRIVERS AND LIMITERS 24212.4.1 Market Drivers 24212.4.2 Market Limiters 24212.5 COMPETITIVE MARKET SHARE ANALYSIS 243
TRANSMYOCARDIAL REVASCULARIZATION DEVICE MARKET13.1 INTRODUCTION 24613.2 MARKET OVERVIEW 24713.3 MARKET ANALYSIS AND FORECAST 25013.3.1 Transmyocardial Revascularization Disposables Market 25013.3.2 Transmyocardial Revascularization Capital Equipment Market 25188.8.131.52 Transmyocardial Revascularization Laser Console Market 255184.108.40.206 Transmyocardial Revascularization Laser Console Service Market 25713.4 DRIVERS AND LIMITERS 25913.4.1 Market Drivers 25913.4.2 Market Limiters 25913.5 COMPETITIVE MARKET SHARE ANALYSIS 260
VENTRICULAR ASSIST DEVICE MARKET14.1 INTRODUCTION 26314.2 MARKET OVERVIEW 26414.3 MARKET ANALYSIS AND FORECAST 26714.3.1 Total Ventricular Assist Device Market 26714.3.2 Percutaneous Ventricular Assist Device Market 26914.3.3 Implantable Ventricular Assist Device Market 27114.3.4 External Ventricular Assist Device Market 273220.127.116.11 Short Term External Ventricular Assist Device Market 27818.104.22.168 Long Term External Ventricular Assist Device Market 28014.4 UNIT ANALYSIS AND FORECAST 28214.5 DRIVERS AND LIMITERS 28414.5.1 Market Drivers 28414.5.2 Market Limiters 28414.6 COMPETITIVE MARKET SHARE ANALYSIS 285
INTRA-AORTIC BALLOON PUMP MARKET15.1 INTRODUCTION 28815.2 MARKET OVERVIEW 28915.3 MARKET ANALYSIS AND FORECAST 29215.3.1 Intra-Aortic Balloon Pump Disposables Market 2922.214.171.124 Conventional Intra-Aortic Balloon Catheter Market 297126.96.36.199 Fiber Optic Intra-Aortic Balloon Catheter Market 29915.3.2 Intra-Aortic Balloon Pump Console Market 30115.4 DRIVERS AND LIMITERS 30315.4.1 Market Drivers 30315.4.2 Market Limiters 30315.5 COMPETITIVE MARKET SHARE ANALYSIS 304
TEMPORARY ARTIFICIAL HEART REPLACEMENT DEVICE MARKET16.1 INTRODUCTION 30716.2 MARKET ANALYSIS AND FORECAST 30816.3 DRIVERS AND LIMITERS 31016.3.1 Market Drivers 31016.3.2 Market Limiters 31016.4 COMPETITIVE MARKET SHARE ANALYSIS 311
EXTRACORPOREAL MEMBRANE OXYGENATION MACHINE MARKET17.1 INTRODUCTION 31417.2 MARKET OVERVIEW 31517.3 MARKET ANALYSIS AND FORECAST 31817.3.1 Extracorporeal Membrane Oxygenation Machine Disposables Market 31817.3.2 Extracorporeal Membrane Oxygenation Machine Market 32017.4 DRIVERS AND LIMITERS 32217.4.1 Market Drivers 32217.4.2 Market Limiters 32217.5 COMPETITIVE MARKET SHARE ANALYSIS 323
REMOTE HEMODYNAMIC MONITORING SYSTEM MARKET18.1 INTRODUCTION 32618.2 MARKET ANALYSIS AND FORECAST 32718.3 DRIVERS AND LIMITERS 32918.3.1 Market Drivers 32918.3.2 Market Limiters 32918.4 COMPETITIVE MARKET SHARE ANALYSIS 330
PATENT FORAMEN OVALE DEVICE MARKET19.1 INTRODUCTION 33319.2 MARKET ANALYSIS AND FORECAST 33419.3 DRIVERS AND LIMITERS 33619.3.1 Market Drivers 33619.3.2 Market Limiters 33619.4 COMPETITIVE MARKET SHARE ANALYSIS 337
PATENT DUCTUS ARTERIOSUS CLOSURE MARKET20.1 INTRODUCTION 34020.2 MARKET ANALYSIS AND FORECAST 34120.3 DRIVERS AND LIMITERS 34320.3.1 Market Drivers 34320.3.2 Market Limiters 34320.4 COMPETITIVE MARKET SHARE ANALYSIS 344
ATRIAL AND VENTRICULAR SEPTAL DEFECT DEVICE MARKET21.1 INTRODUCTION 34721.2 MARKET OVERVIEW 34821.3 MARKET ANALYSIS AND FORECAST 35221.3.1 Total Atrial and Ventricular Septal Defect Device Market 35221.3.2 Atrial Septal Defect Device Market 35421.3.3 Ventricular Septal Defect Device Market 35621.4 DRIVERS AND LIMITERS 35821.4.1 Market Drivers 35821.4.2 Market Limiters 35821.5 COMPETITIVE MARKET SHARE ANALYSIS 359
LEFT ATRIAL APPENDAGE CLOSURE DEVICE MARKET22.1 INTRODUCTION 36222.2 MARKET OVERVIEW 36322.3 MARKET ANALYSIS AND FORECAST 36622.3.1 Epicardial Device Market 366188.8.131.52 Epicardial Clip Device Market 369184.108.40.206 Epicardial Suture Device Market 37122.3.2 Endocardial Device Market 37322.4 DRIVERS AND LIMITERS 37522.4.1 Market Drivers 37522.4.2 Market Limiters 37522.5 COMPETITIVE MARKET SHARE ANALYSIS 376
Procedure Volume Analysis Segments in the United States
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