APAC Cardiac Surgery Devices Market

Asia Pacific Cardiac Surgery Devices Market Size & Growth (2023 to 2028):

As per the research report, the size of the Asia Pacific Cardiac Surgery Devices Market is valued at USD 0.48 billion in 2023 and is estimated to be growing at a CAGR of 3.45%, reaching USD 0.56 billion by 2028 during the forecast period 2023 to 2028. 

Factors such as age-related vascular dysfunctions, obesity, and the availability of technologies that provide effective therapeutic alternatives with lower risk are expected to drive the Asia Pacific cardiac surgical devices market. In addition, due to an increase in surgical operations and a rise in cardiac problems, the market is likely to develop.

Furthermore, both public and private organizations are spending on healthcare infrastructure, propelling the market for cardiac surgical devices forward throughout the forecast period. There is also increased spending on healthcare in Asian countries that are expected to increase during the forecast period.

Cardiovascular surgical equipment can make heart surgery more cost-effective and efficient. Using sophisticated technologies, these medical devices were created to help parents with persistent cardiovascular infections.

Advanced equipment, such as robotic handheld surgical devices for laparoscopic operations, has improved a surgeon's skill. Needle holders resemble hemostats in appearance, with jaws and grips. In several tissue types, needle holders allow the needle to be locked into place for suturing. As a result of the development in minimally invasive surgical procedures and increased outpatient operations in the Asia Pacific, the market is rising. These factors are predicted to drive the Asia Pacific cardiac surgical devices market during the forecast period.

Government regulations governing medical equipment and high medical device costs are expected to slow the growth of the Asia Pacific cardiac surgical devices market. In addition, the market's growth is hampered by alternative surgical methods and insufficient medical payments.

The World Health Organization declared the breakout of Covid-19 as the emergence of healthcare (WHO). The governments enforced a nationwide curfew and flight restrictions. The worried actions on heart procedures were halted due to the sudden shutdown, and the market suffered a drop.

This research report on the APAC Cardiac Surgery Devices Market has been segmented and sub-segmented into the following categories.

By Product Type: 

• Cardiopulmonary Bypass Equipment
• Beating Heart Surgery Systems
• Perfusion Disposables
• Cardiac Ablation Devices

By Application:

• Cardiac Arrhythmia
• Coronary Heart Disease
• Congenital Heart Defects
• Congestive Heart Failure
• Other Applications

By Age Group:

• New-born (0-30 Days)
• Infant (31 Days-1 Year)
• Children (1-18 Years)
• Adult (18+ Years)

By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Geographically, the Asia Pacific is the second-largest market for cardiac surgery devices globally in market share. Factors like rising heart disease prevalence and rising healthcare spending are likely to drive market growth throughout the forecast period. As the incidence of cardiac issues rises, as does the aging population in these countries, increased demand for medical equipment is projected. In addition, increased cardiovascular illnesses, cardiac procedures, and ventricular assist devices support market expansion in Asia.

The China Cardiac Surgery Devices Market is expected to lead the Asia Pacific Cardiac Surgery Devices market over the forecast period. Cardiovascular diseases (CVDs) are becoming more common in China. As the number of cardiovascular disorders rises, so does the number of operations and procedures performed, which helps to drive market expansion. Furthermore, as the number of techniques rises, so does the demand for handheld gadgets. As a result of the factors above, market growth is predicted.

The Japan Cardiac Surgery Devices Market is likely to be dominated globally due to increased surgeries, well-established healthcare infrastructure facilities, and the increased prevalence of heart disease problems.

The Top companies leading in the APAC Cardiac Surgery Devices Market profiled in the report are Trinity Biotech, Abiomed, Inc., Transmedics, Inc, C. R. Bard, Inc., MedWaves Incorporated, CyberHeart Incorporated, Cardinal Health.,