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South and Central America Cardiovascular Needle Market

2021

South and Central America 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: TIPRE00025907 | No. of Pages: 106 | Category: Medical Device | Status: Published

Market Insights

South and Central America Cardiovascular Needle Market to Grow at a CAGR of 5.4% to reach US$ 9.58 Million from 2021 to 2028

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The cardiovascular needle market in South and Central America is expected to grow from US$ 6.63 Million in 2021 to US$ 9.58 Million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

The prevalence of cardiovascular conditions is significantly rising in developing countries due to shift in lifestyle, and the modernization of commercial, industrial, and residential infrastructure; the modernized facilities result in reduced physical activities. On the other hand, stress levels continue to rise among people. Thus, these factors are driving the prevalence of cardiovascular conditions in developing countries. Further, these countries are significantly developing their healthcare facilities and services and are heading toward technological advancements. As per the study Global Burden of Disease in the Lancet, ~10 deaths are associated with this disease, which is equivalent to ~6.4 million deaths. Thus, emerging countries provide significant opportunities for the cardiovascular needles market players; they can enter these untapped or less explored markets with cost-effective products during the forecast period.

The COVID‐ 19 pandemic is a critical test for the already overburdened and underfunded public healthcare systems of South and Central America. It suffers from severe inequalities. With a vast population living in poverty, South and Central America continuously face widespread health problems due to overcrowding, limited sanitation, food insecurity, and unpredictable environmental conditions. Underfunded state‐run hospitals are the only source of medical care in the region. Brazil is in a critical situation due to COVID-1. Lack of resources has created more challenges in the region and has affected number of cardiovascular procedures in the countries as healthcare setting were prioritizing treatment for COVID infected patients. All these factors will restrict the distribution and adoption of cardiac surgical instruments which will restrict the market growth.

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 South and Central America cardiovascular needle market is expected to grow at a good CAGR during the forecast period.

South and Central America cardiovascular needle market

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South and Central America 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

  • South and Central America
    • Brazil
    • Argentina
    • Rest of South and Central America

Companies Mentioned

  • Ethicon (Johnson & Johnson Services, Inc.)
  • MANI, INC
  • Barber of Sheffield
  • FSSB surgical needles GmbH
  • Medtronic
  • Teleflex Incorporated
  • Meril Life Sciences Pvt. Ltd.
  • CP Medical
  • SMB Corporation of India

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 South and Central America Cardiovascular Needle Market – By Country

2. South and Central America Cardiovascular Needle Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. South and Central America Cardiovascular Needle Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Cardiovascular Needle Market- South and Central America PEST Analysis

4.3 Expert Opinion

5. South and Central America 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 – South and Central America Analysis

6.1 South and Central America Cardiovascular Needle Market Revenue Forecasts and Analysis

7. South and Central America 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. South and Central America 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. South and Central America 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. South and Central America 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 South and Central America: Cardiovascular Needle Market

11.1.1 Overview

11.1.2 South and Central America: Cardiovascular Needle Market, by Country, 2021 & 2028 (%)

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

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

11.1.2.1.2 Brazil Cardiovascular Needle Market, by Type– Revenue and Forecast to 2028 (USD Thousands)

11.1.2.1.3 Brazil Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.1.4 Brazil Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.1.5 Brazil Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

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

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

11.1.2.2.2 Argentina Cardiovascular Needle Market, by Type– Revenue and Forecast to 2028 (USD Thousands)

11.1.2.2.3 Argentina Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.2.4 Argentina Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.2.5 Argentina Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3 Rest of South and Central America: Cardiovascular Needle Market– Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3.1 Rest of South and Central America: Cardiovascular Needle Market– Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3.2 Rest of South and Central America Cardiovascular Needle Market, by Type– Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3.3 Rest of South and Central America Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3.4 Rest of South and Central America Cardiovascular Needle Market, by Usage– Revenue and Forecast to 2028 (USD Thousands)

11.1.2.3.5 Rest of South and Central America Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

12. Impact Of COVID-19 Pandemic on South and Central America Cardiovascular Needle Market

12.1 South and Central America: 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

15. Appendix

15.1 About the Insight Partners

15.2 Glossary of Terms


LIST OF TABLES

Table 1. Brazil Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (USD Thousands)

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

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

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

Table 5. Argentina Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (USD Thousands)

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

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

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

Table 9. Rest of South and Central America Cardiovascular Needle Market, by Type – Revenue and Forecast to 2028 (USD Thousands)

Table 10. Rest of South and Central America Cardiovascular Needle Market, by Application – Revenue and Forecast to 2028 (USD Thousands)

Table 11. Rest of South and Central America Cardiovascular Needle Market, by Usage – Revenue and Forecast to 2028 (USD Thousands)

Table 12. Rest of South and Central America Cardiovascular Needle Market, by End User– Revenue and Forecast to 2028 (USD Thousands)

Table 13. Glossary of Terms, Cardiovascular Needle Market


LIST OF FIGURES

Figure 1. Cardiovascular Needle Market Segmentation

Figure 2. South and Central America Cardiovascular Needle Market Overview

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

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

Figure 5. Cardiovascular Needle Market - South and Central America PEST Analysis

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

Figure 7. South and Central America 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. South and Central America: Cardiovascular Needle Market, by Key Country – Revenue (2021) (USD Thousands)

Figure 22. South and Central America: Cardiovascular Needle Market, by Country, 2021 & 2028 (%)

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

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

Figure 25. Rest of South and Central America: Cardiovascular Needle Market– Revenue and Forecast to 2028 (USD Thousands)

Figure 26. Impact of COVID-19 Pandemic in South and Central American 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
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America 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 South and Central America 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 South and Central America 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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