Beating Heart Surgery Systems Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

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Published: December 21, 2023 Report Code: GDME650MM-ST

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Beating Heart Surgery Systems Market Report Overview

The beating heart surgery systems market size was $219.6 million in 2023. The market is expected to decline at a CAGR of less than 1% during 2023-2033. Beating heart surgery systems are utilized while performing an off-pump Coronary Artery Bypass Grafting (CABG) procedure. Surgeons use special positioners and stabilizers to position and stabilize the part of the heart on which they are operating. Surgery on a beating heart helps reduce the risk of complications associated with temporarily stopping the heart during surgery.

Beating Heart Surgery Systems Market Outlook, 2023-2033 ($ Million)

Beating Heart Surgery Systems Market Outlook, 2023-2033 ($ Million)

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The Beating Heart Surgery Systems market research report has been created to understand market behavior, which will help identify quantitative market trends in the cardiovascular devices therapeutic area. It discusses in detail the impact of COVID-19 on the beating heart surgery systems market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.

Market Size (2023) $219.6 million
CAGR (2023-2033) < (1)%
Forecast Period 2023-2033
Historical Period 2015-2022
Key Segments ·        Positioners

·        Stabilizers
Key Regions ·        North America

·        Europe

·        Asia Pacific

·        South Central America

·        Middle East and Africa
Leading Companies ·        Medtronic Plc

·        Getinge AB

·        Terumo Corp

·        Beijing Hangtian Kadi Technology R&D Institute

·        Jinhwa Medical Co Ltd
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Beating Heart Surgery Systems Market Dynamics

The beating heart surgery systems market will experience slow growth over the forecast period due to the increasing elderly population and rising awareness of cardiovascular diseases. The growing geriatric population, sedentary lifestyle, and lack of awareness have increased the number of Myocardial Infarction (MI) and Angina Pectoris (AP) conditions among individuals. An increasing prevalence of MI and AP, in turn, drives the beating heart surgery systems market. Rising awareness of the signs and symptoms of AP and MI also aids the market growth.

Beating Heart Surgery Systems Market Segments

The key segments in the beating heart surgery systems market are positioners and stabilizers. Stabilizers led the beating heart surgery systems market in 2023. Stabilizers hold a small area of the heart still while a surgeon works on it.

Beating Heart Surgery Systems Market Analysis by Segments, 2023 (%)

Beating Heart Surgery Systems Market Analysis by Segments, 2023 (%)

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Beating Heart Surgery Systems Market Segmentation by Regions

The key regions in the beating heart surgery systems market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, Asia Pacific dominated the beating heart surgery systems market. The region is one of the fastest-growing markets in beating heart surgery systems due to the increasing aging population and lifestyle changes. In addition, medical tourism has become popular in the APAC region for cardiovascular diseases due to high-quality care in a cost-effective manner. Growing medical tourism for various surgeries is another driving factor for the growth of the beating heart surgery systems market in Asia Pacific.

Beating Heart Surgery Systems Market Analysis by Regions, 2023 (%)

Beating Heart Surgery Systems Market Analysis by Regions, 2023 (%)

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Beating Heart Surgery Systems Market - Competitive Landscape

A few of the leading companies in the beating heart surgery systems market are:

  • Medtronic Plc
  • Getinge AB
  • Terumo Corp
  • Beijing Hangtian Kadi Technology R&D Institute
  • Jinhwa Medical Co Ltd

Getinge AB dominated the market in 2023.

Beating Heart Surgery Systems Market Analysis by Companies, 2023 (%)

Beating Heart Surgery Systems Market Analysis by Companies, 2023 (%)

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Segments Covered in the Report

Beating Heart Surgery Systems Segments Outlook (Value, $ Million, 2015-2033)

  • Positioners
  • Stabilizers

Beating Heart Surgery Systems Regional Outlook (Value, $ Million, 2015-2033)

  • North America
  • Europe
  • Asia Pacific
  • South Central America
  • Middle East & Africa

Key Inclusions

Currently marketed Beating Heart Surgery Systems and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total Beating Heart Surgery Systems market revenue by segment and market outlooks from 2015-2033.
  • Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights:

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the Beating Heart Surgery Systems market.
  • Competitive dynamics insights and trends provided for the Beating Heart Surgery Systems market.

Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.

  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Medtronic Plc, Getinge AB, Terumo Corp, Beijing Hangtian Kadi Technology R&D Institute, Jinhwa Medical Co Ltd, Sumitomo Bakelite Co Ltd, Vitalcor, Inc., and others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This report provides:

  • Insightful review of the key industry trends.

  • Annualized total Beating Heart Surgery Systems market revenue by segment and market outlooks.

  • Market-level data on units, average selling prices, and market values.

  • Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.

  • SWOT analysis for the Beating Heart Surgery Systems market.

  • Competitive dynamics insights and trends provided for the Beating Heart Surgery Systems market.

  • Country-specific overview of the healthcare system.

  • Country-specific reimbursement policies.

  • Country-specific medtech regulatory landscape.

Reasons to Buy

The model will enable you to:

  • Understand the impact of COVID-19 on the Beating Heart Surgery Systems market.

  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.

  • Develop business strategies by understanding the trends shaping and driving the Beating Heart Surgery Systems market.

  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Beating Heart Surgery Systems market in the future.

  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.

  • Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.

  • Track device sales in the global and country-specific Beating Heart Surgery Systems market from 2015-2033.

  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Medtronic Plc
Getinge AB
Terumo Corp
Beijing Hangtian Kadi Technology R&D Institute
Jinhwa Medical Co Ltd
Sumitomo Bakelite Co Ltd
Vitalcor, Inc.
Others

Frequently asked questions

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