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Arterial Cannula Market Snapshot (2023 to 2033)

The global arterial cannula market garnered a market value of US$ 21 Billion in 2023 and is expected to accumulate a market value of US$ 40 Billion by registering a CAGR of 6.6% in the forecast period 2022 to 2033. Because of the growing utilization of these cannulas in extracorporeal membrane oxygenation, which owns the largest market share in the arterial cannula market in terms of application, the 20-22 Fr is likely to dominate the market.

During cardiopulmonary bypass (CPB), arterial cannulae are used to perfuse the ascending aorta. These are manufactured of a variety of materials, including biocompatible materials, silicone, polyurethane, polyvinyl chloride (PVC), and others. Cannulas are typically flexible, translucent, and have hard or smooth plastic tips, as well as a connection. A cannula's tip can be straight or curved. It has a vent plug to de-air the cannula during cannulation. Some cannulas incorporate wire reinforcement, which reduces the danger of kinking and reduces wall thickness.

The worldwide arterial cannula market is predicted to increase at an exponential rate during the forecast period, owing primarily to the rising prevalence of cardiovascular illnesses. According to the American Heart Association, approximately half of all individuals in the USA had some kind of cardiovascular disease in 2019. Furthermore, according to the CDC, around 20.1 million persons aged 20 and older in the USA had coronary artery disease in 2020, accounting for approximately 7.2% of the overall population.

Data Points Key Statistics
Expected Market Value (2023) US$ 21 Billion
Anticipated Forecast Value (2033) US$ 40 Billion
Projected Growth Rate (2023 to 2033) 6.6% CAGR

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Arterial Cannula Demand Analysis (2018 to 2022) Vs Market Outlook (2023 to 2033)

The global demand for arterial cannula is projected to increase at a CAGR of 6.6% during the forecast period between 2022 and 2033, reaching a total of US$ 40 Billion in 2033, according to a report from Future Market Insights (FMI). From 2018 to 2022, sales witnessed significant growth, registering a CAGR of 5%.

From 2023 to 2033, the worldwide arterial cannula market is expected to increase significantly during the forecast period. The increasing number of operations, advances in healthcare centers, increased Research and Development investment, rising government financing, and a broad patient pool are projected to drive the global arterial cannula market.

In addition, the rising popularity of minimally invasive surgery (MIS) is expected to fuel the worldwide arterial cannula market. Furthermore, the growth of a number of medical conditions caused by sedentary lifestyles, poor eating habits, alcohol use, smoking, and the development of healthcare systems in developing markets are expected to drive the worldwide arterial cannula market.

Which are Some Prominent Drivers of Arterial Cannula Market?

Rise in the Frequency of Cardiopulmonary Illnesses to Improve Maintenance and Performance

The rise in the frequency of cardiopulmonary illnesses, which leads to an increase in the number of bypass surgeries done globally, is driving the expansion of the global arterial cannulae market.

Furthermore, growing healthcare expenditures, advancements in healthcare facilities in emerging nations, and the general population's sedentary lifestyle, which leads to heart illnesses and obesity, are the primary drivers driving the market growth of arterial cannulae.

Technological Improvements and Innovations to Accelerate Market Growth

The penetration of regional local companies with low-cost devices is expected to boost the market growth in emerging markets. During the projection period, technological improvements and innovations in the artery cannula such as moveable suture rings, tapered collars, and straight tips are projected to boost the adoption rate of arterial cannulae.

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Which are the Trough Areas faced by the Arterial Cannula Market?

High Cost of Equipment to Hinder Market Growth

The high cost of equipment and a scarcity of trained surgeons are two major factors impeding the growth of the worldwide arterial cannulae market.

Region-Wise Insights

How will Arterial Cannula Market Demand progress in the Asia Pacific?

Capitalize on the rising Vehicle Output to Widening Profit Margins

Due to advancements in healthcare facilities, higher Research and Development investment, a huge population base suffering from cardiovascular illnesses, and rising government spending in the healthcare sector, Asia Pacific is expected to grow at a considerable CAGR over the forecast period.

The Asia Pacific cannula market is predicted to rise due to a major increase in the region's older population, which provides a huge patient pool with individuals suffering from chronic conditions such as cardiovascular disease and diabetes. Furthermore, the government's increased attempts to pass favorable healthcare laws, particularly in rural regions, are expected to help this region's market expansion. As per Future Market Insights, the Asia Pacific is expected to grow at a CAGR of 6.1% in the assessment period 2023 to 2033.

How attractive are Growth Prospects for Arterial Cannula in North America?

Presence of Prominent Market Players to Accelerate Market Growth

Because of the presence of prominent market players and the availability of robust healthcare institutions in the area, North America is likely to contribute considerably to the cannula market during the forecast period. Furthermore, the increased frequency of lifestyle problems in the area is expected to boost regional market development.

Increased awareness of minimally invasive treatments and rising acceptance of cosmetic operations are expected to drive regional market growth in this area. According to the American Society of Plastic Surgeons, cosmetic operations in the United States will cost around $15.7 billion in 2020.

North America is expected to dominate the worldwide arterial cannulae market during the projected period, owing to the increasing prevalence of cardiovascular diseases as a result of a sedentary lifestyle, the increasing adoption of minimally invasive techniques, and the rising number of surgeries. As per Future Market Insights, North America is expected to grow at a CAGR of 6.5% in the assessment period 2023 to 2033.

What is the Market Outlook for Arterial Cannulas in Europe?

Expanding Government Efforts fuelling sales of Arterial Cannula

In terms of revenue, Europe had the second-largest proportion. Factors such as an aging population, particularly in nations like Italy, expanding government efforts, and advantageous reimbursement situations support the region's growth.

According to MedTech Europe, the European trade group for medical technology, France, for example, established the 2018 to 2022 National Health Strategy for the prevention of cardiovascular risks by encouraging people to change their lifestyle patterns. As per Future Market Insights, Europe is expected to grow at a CAGR of 6.3% in the assessment period 2023 to 2033.

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Category-Wise Insights

Broadening the Application Spectrum of ECMO Aiding Market Development

The ECMO sector to enhance Sales Prospects

The sector has been further subdivided based on applications into cardiopulmonary bypass surgery, ECMO, and others. In 2022, the ECMO sector led the worldwide industry. This is due to the high frequency of cardiovascular illnesses and lung failures.

According to the American Lung Association, around 37 million Americans will have chronic lung disease by 2022, including COPD, asthma, chronic bronchitis, and emphysema. COPD, an obstructive lung condition that makes breathing difficult over time, has been identified in around 15 million American adults. This shows that the rising prevalence of respiratory disorders, which can lead to lung failure, is a key reason for the ECMO segment's domination.

Hospitals will have the largest market share and will be growing at the Quickest Pace

The Hospitals Segment to Widen Growth Prospects

The global industry has been subdivided into hospitals, Ambulatory Surgical Centers (ASCs), and others based on end-users. In 2022, the hospital's segment led the industry.

This was mostly due to the enormous number of procedures conducted in these settings. Furthermore, the segment's expansion is likely to be fueled by the availability of various sorts of experienced specialists and surgical instruments. The increased number of admissions due to an increase in chronic illnesses is also predicted to drive segment growth throughout the projection period.

Start-ups for Arterial Cannula Market

Key start-up players in the Arterial Cannula are offering new and innovative product lines to consolidate their market presence, these aforementioned start-ups have left no stone unturned. One of the key Arterial Cannula start-ups is as follows:

  • Volumina Medical, a Swiss firm, is developing a minimally invasive approach for reconstructing soft tissue volumes. AdiPearl, the startup's biomaterials platform for regenerative medicine, is injected in a safe and minimally invasive process. Furthermore, the biomaterial feels like genuine soft tissue and may be shaped after injection. The scaffolds developed by the firm are injectable through thin cannulas, decreasing intervention and recuperation time while allowing patients to tackle the challenge of spontaneous restoration of 3D soft tissues.

Market Competition

Key businesses are intent on executing strategic activities, such as acquisitions and partnerships, and collaborations that will help them increase their industry footprint and achieve a solid market position. Furthermore, with the introduction of new goods and regulatory clearances, important companies want to extend their portfolio and enhance their position. Key players in the automotive axles market are Medtronic, plc. LivaNova plc, Edward Lifesciences, Getinge AB, Fresenius Medical Care, BD, Nipro Corp., Andocor, Freelife Medical GmbH, Surgical Holdings, and Kangxin Medical.

Recent Developments:

  • In April 2020, LivaNova Plc. got a CE mark for their Bi-Flow Extracorporeal Membrane Oxygenation (ECMO) cannula for ECMO treatments in which femoral artery cannulation can be used.

Report Scope

Report Attribute Details
Market Value in 2023 US$ 21 Billion
Market Value in 2033 US$ 40 Billion
Growth Rate CAGR of 6.6% from 2023 to 2033
Base Year for Estimation 2023
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in US Billion and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Application
  • Size
  • End Use
  • Region
Regions Covered
  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa
Key Countries Profiled
  • USA
  • Canada
  • Brazil
  • Mexico
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Malaysia
  • Singapore
  • Thailand
  • Australia
  • New Zealand
  • GCC Countries
  • South Africa
  • Israel
Key Companies Profiled
  • Medtronic, plc.
  • LivaNova plc
  • Edward Lifesciences
  • Getinge AB
  • Fresenius Medical Care
  • BD
  • Nipro Corp.
  • Andocor
  • Freelife Medical GmbH
  • Surgical Holdings
  • Kangxin Medical
Customization Available Upon Request

Key Segments Profiled in the Arterial Cannula Market Industry Survey

Arterial Cannula Market by Application:

  • Extracorporeal Membrane Oxygenation (ECMO)
  • Cardiopulmonary Bypass Surgery
  • Others

Arterial Cannula Market by Size:

  • 14-16 Fr
  • 17-19 Fr
  • 20-22 Fr
  • 23-25 Fr
  • 26-28 Fr
  • 29-31 Fr
  • 32-34 Fr
  • 35-36 Fr

Arterial Cannula Market by End Use:

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Arterial Cannula Market by Region:

  • North America Arterial Cannula Market
  • Latin America Arterial Cannula Market
  • Europe Arterial Cannula Market
  • South Asia Arterial Cannula Market
  • East Asia Arterial Cannula Market
  • Oceania Arterial Cannula Market
  • Middle East & Africa Arterial Cannula Market

Frequently Asked Questions

What is the anticipated growth of the arterial cannula market until 2033?

FMI projects the global arterial cannula market to expand at a 6.6% value CAGR by 2033

What is the estimated market value of arterial cannula market expected in 2023?

The global arterial cannula market is estimated at a market value of US$ 21 Billion

What is the estimated market value of arterial cannula market expected in 2033?

The global arterial cannula market is expected to garner a market value of US$ 40 Billion

Which region is forecast to be the most lucrative for arterial cannula market growth?

North America is expected to be the most lucrative for arterial cannula market growth

Which are some prominent arterial cannula manufacturers?

Medtronic, plc. LivaNova plc, Edward Lifesciences, Getinge AB, Fresenius Medical Care, BD, Nipro Corp., Andocor, Freelife Medical GmbH, Surgical Holdings, and Kangxin Medical are some prominent arterial cannula manufacturers

What is the expected market share of Asia Pacific in the arterial cannula market?

As per Future Market Insights, the Asia Pacific is expected to grow at a CAGR of 6.1% in the assessment period 2023 to 2033.

What is the expected market share of Europe for arterial cannula?

As per Future Market Insights, Europe is expected to grow at a CAGR of 6.3% in the assessment period 2023 to 2033.

Which end use segment is expected to hold the largest market share for arterial cannula in the forecast period 2023 to 2033?

The hospital segment is expected to hold the largest market share for arterial cannulas in the forecast period 2023 to 2033.

Table of Content

1. Executive Summary | Arterial Cannula Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033

        5.3.1. Cardiopulmonary Bypass Surgery

        5.3.2. Extracorporeal Membrane Oxygenation (ECMO)

        5.3.3. Others

    5.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Size

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Size, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Size, 2023 to 2033

        6.3.1. 14-16 Fr

        6.3.2. 17-19 Fr

        6.3.3. 20-22 Fr

        6.3.4. 23-25 Fr

        6.3.5. 26-28 Fr

        6.3.6. 29- 31 Fr

        6.3.7. 32-34 Fr

        6.3.8. 35-36 Fr

    6.4. Y-o-Y Growth Trend Analysis By Size, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Size, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By End-use, 2018 to 2022

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-use, 2023 to 2033

        7.3.1. Hospitals

        7.3.2. Ambulatory Surgical Centers

        7.3.3. Others

    7.4. Y-o-Y Growth Trend Analysis By End-use, 2018 to 2022

    7.5. Absolute $ Opportunity Analysis By End-use, 2023 to 2033

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022

    8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. South Asia

        8.3.5. East Asia

        8.3.6. Oceania

        8.3.7. Middle East and Africa(MEA)

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. USA

            9.2.1.2. Canada

        9.2.2. By Application

        9.2.3. By Size

        9.2.4. By End-use

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Application

        9.3.3. By Size

        9.3.4. By End-use

    9.4. Key Takeaways

10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Application

        10.2.3. By Size

        10.2.4. By End-use

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Application

        10.3.3. By Size

        10.3.4. By End-use

    10.4. Key Takeaways

11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. United Kingdom

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Europe

        11.2.2. By Application

        11.2.3. By Size

        11.2.4. By End-use

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Application

        11.3.3. By Size

        11.3.4. By End-use

    11.4. Key Takeaways

12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Malaysia

            12.2.1.3. Singapore

            12.2.1.4. Thailand

            12.2.1.5. Rest of South Asia

        12.2.2. By Application

        12.2.3. By Size

        12.2.4. By End-use

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Application

        12.3.3. By Size

        12.3.4. By End-use

    12.4. Key Takeaways

13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Country

            13.2.1.1. China

            13.2.1.2. Japan

            13.2.1.3. South Korea

        13.2.2. By Application

        13.2.3. By Size

        13.2.4. By End-use

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Application

        13.3.3. By Size

        13.3.4. By End-use

    13.4. Key Takeaways

14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        14.2.1. By Country

            14.2.1.1. Australia

            14.2.1.2. New Zealand

        14.2.2. By Application

        14.2.3. By Size

        14.2.4. By End-use

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Application

        14.3.3. By Size

        14.3.4. By End-use

    14.4. Key Takeaways

15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        15.2.1. By Country

            15.2.1.1. GCC Countries

            15.2.1.2. South Africa

            15.2.1.3. Israel

            15.2.1.4. Rest of Middle East and Africa(MEA)

        15.2.2. By Application

        15.2.3. By Size

        15.2.4. By End-use

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Application

        15.3.3. By Size

        15.3.4. By End-use

    15.4. Key Takeaways

16. Key Countries Market Analysis

    16.1. USA

        16.1.1. Pricing Analysis

        16.1.2. Market Share Analysis, 2021

            16.1.2.1. By Application

            16.1.2.2. By Size

            16.1.2.3. By End-use

    16.2. Canada

        16.2.1. Pricing Analysis

        16.2.2. Market Share Analysis, 2021

            16.2.2.1. By Application

            16.2.2.2. By Size

            16.2.2.3. By End-use

    16.3. Brazil

        16.3.1. Pricing Analysis

        16.3.2. Market Share Analysis, 2021

            16.3.2.1. By Application

            16.3.2.2. By Size

            16.3.2.3. By End-use

    16.4. Mexico

        16.4.1. Pricing Analysis

        16.4.2. Market Share Analysis, 2021

            16.4.2.1. By Application

            16.4.2.2. By Size

            16.4.2.3. By End-use

    16.5. Germany

        16.5.1. Pricing Analysis

        16.5.2. Market Share Analysis, 2021

            16.5.2.1. By Application

            16.5.2.2. By Size

            16.5.2.3. By End-use

    16.6. United Kingdom

        16.6.1. Pricing Analysis

        16.6.2. Market Share Analysis, 2021

            16.6.2.1. By Application

            16.6.2.2. By Size

            16.6.2.3. By End-use

    16.7. France

        16.7.1. Pricing Analysis

        16.7.2. Market Share Analysis, 2021

            16.7.2.1. By Application

            16.7.2.2. By Size

            16.7.2.3. By End-use

    16.8. Spain

        16.8.1. Pricing Analysis

        16.8.2. Market Share Analysis, 2021

            16.8.2.1. By Application

            16.8.2.2. By Size

            16.8.2.3. By End-use

    16.9. Italy

        16.9.1. Pricing Analysis

        16.9.2. Market Share Analysis, 2021

            16.9.2.1. By Application

            16.9.2.2. By Size

            16.9.2.3. By End-use

    16.10. India

        16.10.1. Pricing Analysis

        16.10.2. Market Share Analysis, 2021

            16.10.2.1. By Application

            16.10.2.2. By Size

            16.10.2.3. By End-use

    16.11. Malaysia

        16.11.1. Pricing Analysis

        16.11.2. Market Share Analysis, 2021

            16.11.2.1. By Application

            16.11.2.2. By Size

            16.11.2.3. By End-use

    16.12. Singapore

        16.12.1. Pricing Analysis

        16.12.2. Market Share Analysis, 2021

            16.12.2.1. By Application

            16.12.2.2. By Size

            16.12.2.3. By End-use

    16.13. Thailand

        16.13.1. Pricing Analysis

        16.13.2. Market Share Analysis, 2021

            16.13.2.1. By Application

            16.13.2.2. By Size

            16.13.2.3. By End-use

    16.14. China

        16.14.1. Pricing Analysis

        16.14.2. Market Share Analysis, 2021

            16.14.2.1. By Application

            16.14.2.2. By Size

            16.14.2.3. By End-use

    16.15. Japan

        16.15.1. Pricing Analysis

        16.15.2. Market Share Analysis, 2021

            16.15.2.1. By Application

            16.15.2.2. By Size

            16.15.2.3. By End-use

    16.16. South Korea

        16.16.1. Pricing Analysis

        16.16.2. Market Share Analysis, 2021

            16.16.2.1. By Application

            16.16.2.2. By Size

            16.16.2.3. By End-use

    16.17. Australia

        16.17.1. Pricing Analysis

        16.17.2. Market Share Analysis, 2021

            16.17.2.1. By Application

            16.17.2.2. By Size

            16.17.2.3. By End-use

    16.18. New Zealand

        16.18.1. Pricing Analysis

        16.18.2. Market Share Analysis, 2021

            16.18.2.1. By Application

            16.18.2.2. By Size

            16.18.2.3. By End-use

    16.19. GCC Countries

        16.19.1. Pricing Analysis

        16.19.2. Market Share Analysis, 2021

            16.19.2.1. By Application

            16.19.2.2. By Size

            16.19.2.3. By End-use

    16.20. South Africa

        16.20.1. Pricing Analysis

        16.20.2. Market Share Analysis, 2021

            16.20.2.1. By Application

            16.20.2.2. By Size

            16.20.2.3. By End-use

    16.21. Israel

        16.21.1. Pricing Analysis

        16.21.2. Market Share Analysis, 2021

            16.21.2.1. By Application

            16.21.2.2. By Size

            16.21.2.3. By End-use

17. Market Structure Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Market Share Analysis of Top Players

        17.3.1. By Regional

        17.3.2. By Application

        17.3.3. By Size

        17.3.4. By End-use

18. Competition Analysis

    18.1. Competition Deep Dive

        18.1.1. Medtronic, plc.

            18.1.1.1. Overview

            18.1.1.2. Product Portfolio

            18.1.1.3. Profitability by Market Segments

            18.1.1.4. Sales Footprint

            18.1.1.5. Strategy Overview

                18.1.1.5.1. Marketing Strategy

        18.1.2. LivaNova plc

            18.1.2.1. Overview

            18.1.2.2. Product Portfolio

            18.1.2.3. Profitability by Market Segments

            18.1.2.4. Sales Footprint

            18.1.2.5. Strategy Overview

                18.1.2.5.1. Marketing Strategy

        18.1.3. Edward Lifesciences

            18.1.3.1. Overview

            18.1.3.2. Product Portfolio

            18.1.3.3. Profitability by Market Segments

            18.1.3.4. Sales Footprint

            18.1.3.5. Strategy Overview

                18.1.3.5.1. Marketing Strategy

        18.1.4. Getinge AB

            18.1.4.1. Overview

            18.1.4.2. Product Portfolio

            18.1.4.3. Profitability by Market Segments

            18.1.4.4. Sales Footprint

            18.1.4.5. Strategy Overview

                18.1.4.5.1. Marketing Strategy

        18.1.5. Fresenius Medical Care

            18.1.5.1. Overview

            18.1.5.2. Product Portfolio

            18.1.5.3. Profitability by Market Segments

            18.1.5.4. Sales Footprint

            18.1.5.5. Strategy Overview

                18.1.5.5.1. Marketing Strategy

        18.1.6. BD

            18.1.6.1. Overview

            18.1.6.2. Product Portfolio

            18.1.6.3. Profitability by Market Segments

            18.1.6.4. Sales Footprint

            18.1.6.5. Strategy Overview

                18.1.6.5.1. Marketing Strategy

        18.1.7. Nipro Corp.

            18.1.7.1. Overview

            18.1.7.2. Product Portfolio

            18.1.7.3. Profitability by Market Segments

            18.1.7.4. Sales Footprint

            18.1.7.5. Strategy Overview

                18.1.7.5.1. Marketing Strategy

        18.1.8. Andocor

            18.1.8.1. Overview

            18.1.8.2. Product Portfolio

            18.1.8.3. Profitability by Market Segments

            18.1.8.4. Sales Footprint

            18.1.8.5. Strategy Overview

                18.1.8.5.1. Marketing Strategy

        18.1.9. Freelife Medical GmbH

            18.1.9.1. Overview

            18.1.9.2. Product Portfolio

            18.1.9.3. Profitability by Market Segments

            18.1.9.4. Sales Footprint

            18.1.9.5. Strategy Overview

                18.1.9.5.1. Marketing Strategy

        18.1.10. Surgical Holdings

            18.1.10.1. Overview

            18.1.10.2. Product Portfolio

            18.1.10.3. Profitability by Market Segments

            18.1.10.4. Sales Footprint

            18.1.10.5. Strategy Overview

                18.1.10.5.1. Marketing Strategy

        18.1.11. Kangxin Medical

            18.1.11.1. Overview

            18.1.11.2. Product Portfolio

            18.1.11.3. Profitability by Market Segments

            18.1.11.4. Sales Footprint

            18.1.11.5. Strategy Overview

                18.1.11.5.1. Marketing Strategy

19. Assumptions & Acronyms Used

20. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 4: Global Market Value (US$ Million) Forecast by End-use, 2018 to 2033

Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 6: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 8: North America Market Value (US$ Million) Forecast by End-use, 2018 to 2033

Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 10: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 11: Latin America Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 12: Latin America Market Value (US$ Million) Forecast by End-use, 2018 to 2033

Table 13: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 15: Europe Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 16: Europe Market Value (US$ Million) Forecast by End-use, 2018 to 2033

Table 17: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 18: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 19: South Asia Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 20: South Asia Market Value (US$ Million) Forecast by End-use, 2018 to 2033

Table 21: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 22: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 23: East Asia Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 24: East Asia Market Value (US$ Million) Forecast by End-use, 2018 to 2033

Table 25: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 27: Oceania Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 28: Oceania Market Value (US$ Million) Forecast by End-use, 2018 to 2033

Table 29: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 30: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033

Table 31: MEA Market Value (US$ Million) Forecast by Size, 2018 to 2033

Table 32: MEA Market Value (US$ Million) Forecast by End-use, 2018 to 2033

List of Charts

Figure 1: Global Market Value (US$ Million) by Application, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Size, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by End-use, 2023 to 2033

Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 9: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 10: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 11: Global Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 12: Global Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 13: Global Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 14: Global Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 15: Global Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 16: Global Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 17: Global Market Attractiveness by Application, 2023 to 2033

Figure 18: Global Market Attractiveness by Size, 2023 to 2033

Figure 19: Global Market Attractiveness by End-use, 2023 to 2033

Figure 20: Global Market Attractiveness by Region, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Application, 2023 to 2033

Figure 22: North America Market Value (US$ Million) by Size, 2023 to 2033

Figure 23: North America Market Value (US$ Million) by End-use, 2023 to 2033

Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 28: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 29: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 30: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 31: North America Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 34: North America Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 35: North America Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 36: North America Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 37: North America Market Attractiveness by Application, 2023 to 2033

Figure 38: North America Market Attractiveness by Size, 2023 to 2033

Figure 39: North America Market Attractiveness by End-use, 2023 to 2033

Figure 40: North America Market Attractiveness by Country, 2023 to 2033

Figure 41: Latin America Market Value (US$ Million) by Application, 2023 to 2033

Figure 42: Latin America Market Value (US$ Million) by Size, 2023 to 2033

Figure 43: Latin America Market Value (US$ Million) by End-use, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 49: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 51: Latin America Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 52: Latin America Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 54: Latin America Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 55: Latin America Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 57: Latin America Market Attractiveness by Application, 2023 to 2033

Figure 58: Latin America Market Attractiveness by Size, 2023 to 2033

Figure 59: Latin America Market Attractiveness by End-use, 2023 to 2033

Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 61: Europe Market Value (US$ Million) by Application, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) by Size, 2023 to 2033

Figure 63: Europe Market Value (US$ Million) by End-use, 2023 to 2033

Figure 64: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 65: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 68: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 69: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 70: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 71: Europe Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 72: Europe Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 73: Europe Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 74: Europe Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 75: Europe Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 76: Europe Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 77: Europe Market Attractiveness by Application, 2023 to 2033

Figure 78: Europe Market Attractiveness by Size, 2023 to 2033

Figure 79: Europe Market Attractiveness by End-use, 2023 to 2033

Figure 80: Europe Market Attractiveness by Country, 2023 to 2033

Figure 81: South Asia Market Value (US$ Million) by Application, 2023 to 2033

Figure 82: South Asia Market Value (US$ Million) by Size, 2023 to 2033

Figure 83: South Asia Market Value (US$ Million) by End-use, 2023 to 2033

Figure 84: South Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 85: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 86: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 87: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 88: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 89: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 90: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 91: South Asia Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 92: South Asia Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 93: South Asia Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 94: South Asia Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 95: South Asia Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 96: South Asia Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 97: South Asia Market Attractiveness by Application, 2023 to 2033

Figure 98: South Asia Market Attractiveness by Size, 2023 to 2033

Figure 99: South Asia Market Attractiveness by End-use, 2023 to 2033

Figure 100: South Asia Market Attractiveness by Country, 2023 to 2033

Figure 101: East Asia Market Value (US$ Million) by Application, 2023 to 2033

Figure 102: East Asia Market Value (US$ Million) by Size, 2023 to 2033

Figure 103: East Asia Market Value (US$ Million) by End-use, 2023 to 2033

Figure 104: East Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 105: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 106: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 107: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 108: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 109: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 110: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 111: East Asia Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 112: East Asia Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 113: East Asia Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 114: East Asia Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 115: East Asia Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 116: East Asia Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 117: East Asia Market Attractiveness by Application, 2023 to 2033

Figure 118: East Asia Market Attractiveness by Size, 2023 to 2033

Figure 119: East Asia Market Attractiveness by End-use, 2023 to 2033

Figure 120: East Asia Market Attractiveness by Country, 2023 to 2033

Figure 121: Oceania Market Value (US$ Million) by Application, 2023 to 2033

Figure 122: Oceania Market Value (US$ Million) by Size, 2023 to 2033

Figure 123: Oceania Market Value (US$ Million) by End-use, 2023 to 2033

Figure 124: Oceania Market Value (US$ Million) by Country, 2023 to 2033

Figure 125: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 126: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 127: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 128: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 129: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 130: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 131: Oceania Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 132: Oceania Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 133: Oceania Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 134: Oceania Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 135: Oceania Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 136: Oceania Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 137: Oceania Market Attractiveness by Application, 2023 to 2033

Figure 138: Oceania Market Attractiveness by Size, 2023 to 2033

Figure 139: Oceania Market Attractiveness by End-use, 2023 to 2033

Figure 140: Oceania Market Attractiveness by Country, 2023 to 2033

Figure 141: MEA Market Value (US$ Million) by Application, 2023 to 2033

Figure 142: MEA Market Value (US$ Million) by Size, 2023 to 2033

Figure 143: MEA Market Value (US$ Million) by End-use, 2023 to 2033

Figure 144: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 145: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 146: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 147: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 148: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033

Figure 149: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033

Figure 150: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033

Figure 151: MEA Market Value (US$ Million) Analysis by Size, 2018 to 2033

Figure 152: MEA Market Value Share (%) and BPS Analysis by Size, 2023 to 2033

Figure 153: MEA Market Y-o-Y Growth (%) Projections by Size, 2023 to 2033

Figure 154: MEA Market Value (US$ Million) Analysis by End-use, 2018 to 2033

Figure 155: MEA Market Value Share (%) and BPS Analysis by End-use, 2023 to 2033

Figure 156: MEA Market Y-o-Y Growth (%) Projections by End-use, 2023 to 2033

Figure 157: MEA Market Attractiveness by Application, 2023 to 2033

Figure 158: MEA Market Attractiveness by Size, 2023 to 2033

Figure 159: MEA Market Attractiveness by End-use, 2023 to 2033

Figure 160: MEA Market Attractiveness by Country, 2023 to 2033

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