Portland, OR — 12/22/2017 — Rise in incidence of cardiac disorders, increase in geriatric population, and lower invasiveness than many traditional surgical procedures are expected to drive the market growth. In addition, advantages of this surgery, such as reduced pain, low blood loss, low risk of infection, and faster healing with shorter hospitalization, supplement the growth. However, dearth of skilled practitioners and stringent regulatory services may hinder the market growth. Growth in use of MRI in cardiac applications, usage of bio-absorbable and self-expandable stents, and potential in emerging nations are expected to present opportunities for market development.
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The thoracic surgery market is segmented on the basis of product and region. The product segment is divided into surgical sutures and staples, handheld surgical equipment, and electrosurgical devices. Handheld surgical equipment are sub-segmented into forceps & spatulas, retractors, dilators, graspers, auxiliary instruments, cutter instruments, and others. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA.
The key players operating in the market include Biosensors International Group, Ltd., BIOTRONIK SE & Co. KG, BioVentrix, Inc., C. R. Bard, Inc, CardiacAssist, Inc., CircuLite Inc., Jhonson & Jhonson, Corindus Vascular Robotics, Inc., Medtronic plc, and Heartware International Inc.
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