Favorable Government Initiatives Will Propel Cardiac Surgery Devices Market to US$ 2.4 Bn By 2032 End | Future Market Insights, Inc.
NEWARK, Del., Oct. 11, 2022 /PRNewswire/ -- The global cardiac surgery devices market is predicted to reach a valuation of US$ 2.4 Bn in 2032, with sales growing at a stagnant CAGR of 3.6% from 2022 to 2032. The target market is expected to reach an estimated US$ 1.7 Bn by the end of 2022. The growing prevalence of cardiovascular diseases have resulted in a heightened demand for cardiac surgery devices in the global market over the forecast period.
- The growing prevalence of cardiovascular diseases have resulted in aheightened demand for cardiac surgery devices in theglobal market over the forecast period.
- The expensiveness of cardiac surgery devices along with a strict and extended approval period hinders the growth of the target market.
- The cardiac surgery devices market in Germany will grow at a 4.9% CAGR during the forecast period.
- In the South Asian market, India's cardiac surgery devices market will grow at a 2.7% CAGR.