South Korea Cardiac Surgery Instruments Market Size & Outlook
South Korea cardiac surgery instruments market, 2015-2026 (US$M)
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South Korea cardiac surgery instruments market highlights
- The South Korea cardiac surgery instruments market generated a revenue of USD 32.9 million in 2017 and is expected to reach USD 70.4 million by 2026.
- The South Korea market is expected to grow at a CAGR of 8.8% from 2018 to 2026.
- In terms of segment, forceps was the largest revenue generating product in 2017.
- Forceps is the most lucrative product segment registering the fastest growth during the forecast period.
Cardiac surgery instruments market data book summary
| Market revenue in 2017 | USD 32.9 million |
| Market revenue in 2026 | USD 70.4 million |
| Growth rate | 8.8% (CAGR from 2017 to 2026) |
| Largest segment | Forceps |
| Fastest growing segment | Forceps |
| Historical data | 2015 - 2016 |
| Base year | 2017 |
| Forecast period | 2018 - 2026 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Forceps, Clamps, Scalpels, Scissors, Needle Holders |
| Key market players worldwide | B. Braun, KLS Martin Group, Teleflex Inc, Aspen Group Inc, Scanlan International, Stille, Marguerite-Marie Delacroix Foundation, Cardion, Boss Instruments, Wexler Surgical, Medicon Hellas, Surgin, Rumax International, SIM Surgical |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global cardiac surgery instruments market in 2017.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2026.
- In Asia Pacific, China cardiac surgery instruments market is projected to lead the regional market in terms of revenue in 2026.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 118.6 million by 2026.
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Cardiac Surgery Instruments Market Scope
Cardiac Surgery Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea cardiac surgery instruments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cardiac surgery instruments market will help companies and investors design strategic landscapes.
Forceps was the largest segment with a revenue share of 20.97% in 2017. Horizon Databook has segmented the South Korea cardiac surgery instruments market based on forceps, clamps, scalpels, scissors, needle holders covering the revenue growth of each sub-segment from 2015 to 2026.
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Target buyers of South Korea cardiac surgery instruments market databook
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Our clientele includes a mix of cardiac surgery instruments market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cardiac surgery instruments market, including forecasts for subscribers. This country databook contains high-level insights into South Korea cardiac surgery instruments market from 2015 to 2026, including revenue numbers, major trends, and company profiles.
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South Korea cardiac surgery instruments market size, by product, 2015-2026 (US$M)
South Korea Cardiac Surgery Instruments Market Share, 2017 & 2026 (US$M)
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