South and Central America Cardiovascular Needle Market Growth and Forecast by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

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)

Report Date : Nov 2021
Report Code : TIPRE00025907

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 106

Page Updated: Nov 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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

South and Central America Cardiovascular Needle Report Scope

Report Attribute	Details
Market size in 2021	US$ 6.63 Million
Market Size by 2028	US$ 9.58 Million
Global CAGR (2021 - 2028)	5.4%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Round-Bodied Needles Cutting Needles By Application Open Heart Surgery Cardiac Valve Procedures By Usage Single Use Multiple Uses By End User Hospitals and Clinics Ambulatory Surgical Centers Cardiovascular Centers
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	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

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the South and Central America Cardiovascular Needle Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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