Cardiovascular Needle Market

Cardiovascular Needle Market Overview

The global cardiovascular needle market was valued at around USD 85.2 Million at the end of 2021. The market is projected to register a 7.5% CAGR and top a valuation of USD 188.4 Million by 2032.

Rising number of patients having cardiovascular diseases and increasing obesity and diabetes rate with geriatric population are the elements expected to set the tone of Cardiovascular Needle Market.

Cardiovascular diseases (CVDs), including conditions like cerebrovascular disease, coronary heart disease, rheumatic heart disease, and others, are abnormalities of the heart and blood arteries. A few of the main lifestyle factors that contribute to CVDs include smoking, unhealthy diet, and physical inactivity, all of which raise the risk of heart attacks and strokes. Diabetes, high cholesterol, and hypertension are additional risk factors for these illnesses.

Open heart surgery, cardiac valve procedures, heart transplant procedures, coronary artery bypass graft treatments, and other procedures all require cardiovascular needles. These needles come in different types such as single-use needles or eyeless needles and multiple-use needles or eyed needles. The new stainless steel alloys with high concentrations of nickel, Surgalloy, and Ethalloy are used to make these needles.

Attributes	Details
Cardiovascular Needle Market Value in 2021	USD 85.2 Million
Cardiovascular Needle Market Value in 2032	USD 188.4 Million
Cardiovascular Needle Market CAGR (2022 to 2032)	7.5%

What are the Major Drivers Boosting the Demand for Cardiovascular Needle Market?

Cardiovascular diseases are the leading cause of death globally, according to the World Health Organization (WHO). The biggest factor contributing to morbidity and mortality worldwide is still likely to be cardiovascular diseases (CVDs). According to WHO data, it is estimated that 17.9 million people worldwide pass away from cardiovascular diseases (CVDs) each year.

The global market for the cardiovascular needle is expected to expand as a result of the rising aging of the population and high smoking rates. Similarly, to this, it is expected that the market would have plenty of potentials to expand throughout the forecast period due to quick lifestyle changes, rising comorbidity, high tobacco use, and high obesity incidence.

Which Region Shows Strong Growth Potential in the Cardiovascular Needle Market?

The cardiovascular needle market is broadly divided into seven major regions, North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.

A significant portion of the global market for cardiovascular needles is dominated by the North American region because of its developed healthcare systems and the introduction of advanced products like cardiovascular needles with laser drilling is anticipated to boost demand.

Due to the presence of major players, Europe retains the second spot in the global market. Although companies in this region also export to developing nations, which dominate the market in Europe.

East Asia is predicted to show lucrative growth owing to the high prevalence of cardiovascular diseases and affordable cardiovascular surgeries with the presence of skilled professionals.

Who are the Key Players in the Cardiovascular Needle Market?

Medline Industries Inc., KLS Martin Group, Sklar Surgical Instruments, Delacroix-Chevalier, Teleflex Incorporated, Wexler Surgical, Becton, Dickinson and Company, Surgins, Suratex Instruments Ltd., STILLE, Cardivon Surgical Inc., Symmetry Surgical Inc., B. Braun Melsungen AG, Rumex International Corporation, Scanlan International.

Scope of Report

Report Attributes	Details
Growth Rate	CAGR of 7.5% 2022 to 2032
Base Year for Estimation	2021
Historical Data	2012 to 2021
Forecast Period	2022 to 2032
Qualitative Units	Revenue in USD Million, Volume in Units, and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segment Covered	Type, Application, Usage, End User, Region
Region Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa
Key Countries Profiled	USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC, South Africa, Israel
Key Players	Medline Industries Inc.; KLS Martin Group; Sklar Surgical Instruments; Delacroix-Chevalier; Teleflex Incorporated; Wexler Surgical; Becton; Dickinson and Company; Surgins; Surtex Instruments Ltd.; STILLE; Cardivon Surgical Inc.; Symmetry Surgical Inc.; B. Braun Melsungen AG; Rumex International Corporation; Scanlan International
Customization	Available Upon Request

Table of Content

• 1. Executive Summary
• 2. Industry Introduction, including Taxonomy and Market Definition
• 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
• 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
• 5. Pricing Analysis
• 6. Global Market Analysis and Forecast
  • 6.1. Type
  • 6.2. Application
  • 6.3. Usage
  • 6.4. End User
• 7. Global Market Analysis and Forecast, By Type
  • 7.1. Round Bodied Needles
  • 7.2. Cutting Needles
• 8. Global Market Analysis and Forecast, By Application
  • 8.1. Open-heart Surgery
  • 8.2. Coronary Artery Bypass Graft Surgery
  • 8.3. Cardiac Valve Procedures
  • 8.4. Heart Transplant
  • 8.5. Others
• 9. Global Market Analysis and Forecast, By Usage
  • 9.1. Single Use
  • 9.2. Multiple Use
• 10. Global Market Analysis and Forecast, By End User
  • 10.1. Hospitals
  • 10.2. Ambulatory Surgical Centers
  • 10.3. Clinics
  • 10.4. Others
• 11. Global Market Analysis and Forecast, By Region
  • 11.1. North America
  • 11.2. Latin America
  • 11.3. Europe
  • 11.4. East Asia
  • 11.5. South Asia & Pacific
  • 11.6. The Middle East and Africa (MEA)
• 12. North America Sales Analysis and Forecast, by Key Segments and Countries
• 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries
• 14. Europe Sales Analysis and Forecast, by Key Segments and Countries
• 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries
• 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
• 17. The Middle East and Africa (MEA) Sales Analysis and Forecast, by Key Segments and Countries
• 18. Sales Forecast by Type, Application, Usage, and End User for 30 Countries
• 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
• 20. Company Profile
  • 20.1. KLS Martin Group
  • 20.2. Sklar Surgical Instruments
  • 20.3. Delacroix-Chevalier
  • 20.4. Teleflex Incorporated
  • 20.5. Wexler Surgical
  • 20.6. Becton
  • 20.7. Dickinson and Company
  • 20.8. Surgins
  • 20.9. Surtex Instruments Ltd.
  • 20.10. STILLE
  • 20.11. Cardivon Surgical Inc.
  • 20.12. Symmetry Surgical Inc.
  • 20.13. B. Braun Melsungen AG
  • 20.14. Rumex International Corporation
  • 20.15. Scanlan International