NEW YORK, April 27, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Cardiac surgery is on the rise globally, whether through disease, congenital defects or generalized degradation of cardio logical function, over time cardiovascular diseases are increasing dramatically, substantiating the need for continued growth of cardiovascular surgery. Aging populations, increased obesity, poor nutrition and other heart-health stressor factors are increasing the cardiovascular disease rate.
The cardiac surgery market is very concentrated globally. The global market for cardiovascular surgery device is expected to be Euro 2 Billion by 2014 growing with 3% CAGR. In cardiopulmonary device segment oxygenator holds the highest market of more than Euro 500 Million in 2010. Whereas in the heart valve segment mechanical valve unit sales have declined significantly over the last five years due to growth of tissue valves.
The future holds strong growth for the overall cardiovascular surgery products market, as new technologies evolves; significant shifts in market share for several product segments are also expected. Cardiovascular surgery techniques the most invasive and costly therapeutic options available are going to see increased competition from less-invasive transcatheter and endovascular alternat