New

Asia Pacific Cardiovascular Needle Market

2021

Asia Pacific Cardiovascular Needle Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Round-Bodied Needles, and Cutting Needles); Application (Open Heart Surgery, and Cardiac Valve Procedures); Usage (Single Use, and Multiple Uses); End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Cardiovascular Centers)

Publication Month: Nov 2021 | Report Code: TIPRE00025897 | No. of Pages: 122 | Category: Medical Device | Status: Published

Market Insights

Asia Pacific Cardiovascular Needle Market to Grow at a CAGR of 7.8% to reach US$ 31,968.6 thousands by 2028 Million from 2021 to 2028

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The cardiovascular needle market in Asia Pacific is expected to grow from US$ 18.80 Million in 2021 to US$ 31.96 Million by 2028; it is estimated to grow at a CAGR of 7.8% from 2021 to 2028

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Cardiovascular diseases (CVDs) are the disorders of heart and blood vessels, and the category includes cerebrovascular disease, coronary heart disease, rheumatic heart disease, and other conditions. Tobacco consumption, unhealthy diet, and physical inactivity, which increase the risk of heart attacks and strokes, are a few of the major lifestyle factors that lead to the CVDs. Other risk factors causing these diseases include hypertension, diabetes, and increased cholesterol levels. CVDs are among the top 10 causes of death. According to the World Health Organization (WHO), cardiovascular diseases are number one cause of the death. Cardiovascular diseases (CVDs) are likely to remain the largest cause of morbidity and mortality. Fat depositions around blood vessels that prevents blood from flowing to the heart or brain is a main cause of heart attack and stroke. Bleeding vessels or blood clots in brain are a few other causes of stroke. Thus, the significantly rising incidence of CVDs is contributing to the high demand for diagnostic and treatment cardiovascular devices, which is driving the cardiovascular needle market growth.

The outbreak has severely affected the medical tourism industry in Asia pacific and imposed supply chain disruptions; moreover, low-income countries face additional challenges due to the shortage of healthcare infrastructure, restrictions imposed by hospitals to the suppliers, decreasing in demand of cardiovascular surgical instruments and others. Restrictive measures have been put forth in South Korea, Malaysia, Singapore, the Philippines, and India to prevent the disease transmission. These restrictive measures are anticipated to impact the supply chain and the availability of medical devices in these countries. It has affected disposable incomes and has also resulted in unemployment. Furthermore, business strategies such as acquisitions, mergers, and partnerships are adversely affected by the imposition of complete lockdown. Such obstructions in business activities are projected to hamper the manufacturing and distribution of several cardiovascular surgical instruments. However, increasing vaccination across the region and availability of government reimbursement policies for various cardiovascular procedures is expected to normalize the situation in Asia Pacific region and will gradually increase the demand for cardiovascular needles.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the cardiovascular needle market. The Asia Pacific cardiovascular needle market is expected to grow at a good CAGR during the forecast period.

Asia Pacific cardiovascular needle market

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Asia Pacific Cardiovascular Needle Market Segmentation

By Application

  • Open Heart Surgery
  • Cardiac Valve Procedures

By Usage

  • Single Use
  • Multiple Uses

By End User

  • Hospitals and Clinics
  • Ambulatory Surgical Centres
  • Cardiovascular Centres

By Country

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific

Companies Mentioned

  1. Ethicon (Johnson & Johnson Services, Inc.)
  2. MANI, INC
  3. Barber of Sheffield
  4. FSSB surgical needles GmbH
  5. Medtronic
  6. Teleflex Incorporated
  7. Meril Life Sciences Pvt. Ltd.
  8. CP Medical
  9. SMB Corporation of India
  10. Aurolab

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Cardiovascular Needle Market – By Type

1.3.2 Cardiovascular Needle Market – By Application

1.3.3 Cardiovascular Needle Market – By Usage

1.3.4 Cardiovascular Needle Market – By End User

1.3.5 Asia Pacific Cardiovascular Needle Market – By Country

2. Asia Pacific Cardiovascular Needle Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Asia Pacific Cardiovascular Needle Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Cardiovascular Needle Market- Asia Pacific PEST Analysis

4.3 Expert Opinion

5. Asia Pacific Cardiovascular Needle Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Prevalence of Cardiovascular Diseases

5.1.2 Rise in Elderly Population

5.2 Key Market Restraints

5.2.1 Preference for Surgical Staples over Needles

5.3 Key Market Opportunities

5.3.1 Growth Opportunities in Developing Nations

5.4 Future Trends

5.4.1 Proliferation of MedTech Industry

5.5 Impact Analysis

6. Cardiovascular Needle Market – Asia Pacific Analysis

6.1 Asia Pacific Cardiovascular Needle Market Revenue Forecasts and Analysis

7. Asia Pacific Cardiovascular Needle Market Analysis and Forecasts To 2028 – By Type

7.1 Overview

7.2 Cardiovascular Needle Market Revenue Share, by Type (2020 and 2028)

7.3 Round-Bodied Needles

7.3.1 Overview

7.3.2 Round-Bodied Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

7.4 Cutting Needles

7.4.1 Overview

7.4.2 Cutting Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

8. Asia Pacific Cardiovascular Needle Market Analysis and Forecasts To 2028 – By Application

8.1 Overview

8.2 Cardiovascular Needle Market Revenue Share, by Application (2020 and 2028)

8.3 Open Heart Surgery

8.3.1 Overview

8.3.2 Open Heart Surgery: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

8.4 Cardiac Valve Procedures

8.4.1 Overview

8.4.2 Cardiac Valve Procedures: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

9. Asia Pacific Cardiovascular Needle Market Analysis and Forecasts To 2028 – By Usage

9.1 Overview

9.2 Cardiovascular Needle Market Revenue Share, by Usage (2020 and 2028)

9.3 Single Use

9.3.1 Overview

9.3.2 Single Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

9.4 Multiple Use

9.4.1 Overview

9.4.2 Multiple Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

10. Asia Pacific Cardiovascular Needle Market Analysis and Forecasts To 2028 –By End user

10.1 Overview

10.2 Cardiovascular Needle Market Revenue Share, by End User (2020 and 2028)

10.3 Hospitals and Clinics

10.3.1 Overview

10.3.2 Hospitals and Clinics: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

10.4 Ambulatory Surgical Centers

10.4.1 Overview

10.4.2 Ambulatory Surgical Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

10.5 Cardiovascular Centers

10.5.1 Overview

10.5.2 Cardiovascular Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

11. Cardiovascular Needle Market Revenue and Forecasts to 2028 – Geographical Analysis

11.1 Asia Pacific: Cardiovascular Needle Market

11.1.1 Overview

11.1.2 Asia Pacific: Cardiovascular Needle Market, by Country, 2021 & 2028 (%)

11.1.2.1 China: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.1.1 China: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.1.2 China: Cardiovascular Needle Market, By Type, 2019–2028 (USD Thousands)

11.1.2.1.3 China: Cardiovascular Needle Market, by Application, 2019–2028 (USD Thousands)

11.1.2.1.4 China: Cardiovascular Needle Market, by Usage, 2019–2028 (USD Thousands)

11.1.2.1.5 China: Cardiovascular Needle Market, by End User, 2019–2028 (USD Thousands)

11.1.2.2 Japan: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.2.1 Japan: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.2.2 Japan: Cardiovascular Needle Market, By Type, 2019–2028 (USD Thousands)

11.1.2.2.3 Japan: Cardiovascular Needle Market, by Application, 2019–2028 (USD Thousands)

11.1.2.2.4 Japan: Cardiovascular Needle Market, by Usage, 2019–2028 (USD Thousands)

11.1.2.2.5 Japan: Cardiovascular Needle Market, by End User, 2019–2028 (USD Thousands)

11.1.2.3 India: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3.1 India: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3.2 India: Cardiovascular Needle Market, By Type, 2019–2028 (USD Thousands)

11.1.2.3.3 India: Cardiovascular Needle Market, by Application, 2019–2028 (USD Thousands)

11.1.2.3.4 India: Cardiovascular Needle Market, by Usage, 2019–2028 (USD Thousands)

11.1.2.3.5 India: Cardiovascular Needle Market, by End User, 2019–2028 (USD Thousands)

11.1.2.4 Australia: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.4.1 Australia: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.4.2 Australia: Cardiovascular Needle Market, By Type, 2019–2028 (USD Thousands)

11.1.2.4.3 Australia: Cardiovascular Needle Market, by Application, 2019–2028 (USD Thousands)

11.1.2.4.4 Australia: Cardiovascular Needle Market, by Usage, 2019–2028 (USD Thousands)

11.1.2.4.5 Australia: Cardiovascular Needle Market, by End User, 2019–2028 (USD Thousands)

11.1.2.5 South Korea: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.5.1 South Korea: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.5.2 South Korea: Cardiovascular Needle Market, By Type, 2019–2028 (USD Thousands)

11.1.2.5.3 South Korea: Cardiovascular Needle Market, by Application, 2019–2028 (USD Thousands)

11.1.2.5.4 South Korea: Cardiovascular Needle Market, by Usage, 2019–2028 (USD Thousands)

11.1.2.5.5 South Korea: Cardiovascular Needle Market, by End User, 2019–2028 (USD Thousands)

11.1.2.6 Rest of Asia Pacific: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.6.1 Rest of Asia Pacific: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.6.2 Rest of Asia Pacific: Cardiovascular Needle Market, By Type, 2019–2028 (USD Thousands)

11.1.2.6.3 Rest of Asia Pacific: Cardiovascular Needle Market, by Application, 2019–2028 (USD Thousands)

11.1.2.6.4 Rest of Asia Pacific: Cardiovascular Needle Market, by Usage, 2019–2028 (USD Thousands)

11.1.2.6.5 Rest of Asia Pacific: Cardiovascular Needle Market, by End User, 2019–2028 (USD Thousands)

12. Impact Of COVID-19 Pandemic on Asia Pacific Cardiovascular Needle Market

12.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Overview

14. Company Profiles

14.1 Ethicon (Johnson & Johnson Services, Inc.)

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 MANI,INC

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Barber of Sheffield

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 FSSB surgical needles GmbH

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Medtronic

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Teleflex Incorporated

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Meril Life Sciences Pvt. Ltd.

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 CP Medical

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 SMB Corporation of India

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Aurolab

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About the Insight Partners

15.2 Glossary of Terms


LIST OF TABLES

Table 1. China: Cardiovascular Needle Market, By Type – Revenue and Forecast to 2028 (USD Thousands)

Table 2. China: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

Table 3. China: Cardiovascular Needle Market, by Usage– Revenue and Forecast to 2028 (USD Thousands)

Table 4. China: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

Table 5. Japan: Cardiovascular Needle Market, By Type– Revenue and Forecast to 2028 (USD Thousands)

Table 6. Japan: Cardiovascular Needle Market, by Application– Revenue and Forecast to 2028 (USD Thousands)

Table 7. Japan: Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (USD Thousands)

Table 8. Japan: Cardiovascular Needle Market, by End User – Revenue and Forecast to 2028 (USD Thousands)

Table 9. India: Cardiovascular Needle Market, By Type– Revenue and Forecast to 2028 (USD Thousands)

Table 10. India: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

Table 11. India: Cardiovascular Needle Market, by Usage– Revenue and Forecast to 2028 (USD Thousands)

Table 12. India: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

Table 13. Australia: Cardiovascular Needle Market, By Type – Revenue and Forecast to 2028 (USD Thousands)

Table 14. Australia: Cardiovascular Needle Market, by Application– Revenue and Forecast to 2028 (USD Thousands)

Table 15. Australia: Cardiovascular Needle Market, by Usage– Revenue and Forecast to 2028 (USD Thousands)

Table 16. Australia: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

Table 17. South Korea: Cardiovascular Needle Market, By Type – Revenue and Forecast to 2028 (USD Thousands)

Table 18. South Korea: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

Table 19. South Korea: Cardiovascular Needle Market, by Usage– Revenue and Forecast to 2028 (USD Thousands)

Table 20. South Korea: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

Table 21. Rest of Asia Pacific: Cardiovascular Needle Market, By Type – Revenue and Forecast to 2028 (USD Thousands)

Table 22. Rest of Asia Pacific: Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

Table 23. Rest of Asia Pacific: Cardiovascular Needle Market, by Usage– Revenue and Forecast to 2028 (USD Thousands)

Table 24. Rest of Asia Pacific: Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

Table 25. Glossary of Terms, Cardiovascular Needle Market


LIST OF FIGURES

Figure 1. Cardiovascular Needle Market Segmentation

Figure 2. Asia Pacific Cardiovascular Needle Market Overview

Figure 3. Round-Bodied Needles Segment Held Largest Share of Type in Cardiovascular Needle Market

Figure 4. Japan is Expected to Show Remarkable Growth During the Forecast Period

Figure 5. Cardiovascular Needle Market - Asia Pacific PEST Analysis

Figure 6. Cardiovascular Needle Market Impact Analysis of Driver and Restraints

Figure 7. Asia Pacific Cardiovascular Needle Market – Revenue Forecasts and Analysis – 2020- 2028

Figure 8. Cardiovascular Needle Market Revenue Share, by Type (2020 and 2028)

Figure 9. Round-Bodied Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 10. Cutting Needles: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 11. Cardiovascular Needle Market Revenue Share, by Application (2020 and 2028)

Figure 12. Open Heart Surgery: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 13. Cardiac Valve Procedures: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 14. Cardiovascular Needle Market Revenue Share, by Usage (2020 and 2028)

Figure 15. Single Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 16. Multiple Use: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 17. Cardiovascular Needle Market Revenue Share, by End User (2020 and 2028)

Figure 18. Hospitals and Clinics: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 19. Ambulatory Surgical Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 20. Cardiovascular Centers: Cardiovascular Needle Market – Revenue and Forecast to 2028 (US$ Thousands)

Figure 21. Asia Pacific: Cardiovascular Needle Market, by Key Country – Revenue (2021) (USD Thousands)

Figure 22. Asia Pacific: Cardiovascular Needle Market, by Country, 2021 & 2028 (%)

Figure 23. China: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

Figure 24. Japan: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

Figure 25. India: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

Figure 26. Australia: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

Figure 27. South Korea: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

Figure 28. Rest of Asia Pacific: Cardiovascular Needle Market – Revenue and Forecast to 2028 (USD Thousands)

Figure 29. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

  1. Ethicon (Johnson & Johnson Services, Inc.)              
  2. MANI, INC              
  3. Barber of Sheffield             
  4. FSSB surgical needles GmbH          
  5. Medtronic              
  6. Teleflex Incorporated       
  7. Meril Life Sciences Pvt. Ltd.             
  8. CP Medical             
  9. SMB Corporation of India
  10. Aurolab
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific cardiovascular needle market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific cardiovascular needle market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the cardiovascular needle market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution 
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