Pericardial Patches Market Analysis

Application (Cardiovascular Surgery, Dental Surgery, Ophthalmology, Abdominal Surgery)

The global pericardial patches market is segmented and analyzed for demand and supply by application into cardiovascular surgery, dental surgery, ophthalmology, abdominal surgery, and others. Among these segments, the cardiovascular surgery segment is anticipated to capture the largest market size in the global pericardial patches market owing to the increasing number of cardiovascular surgeries performed in hospitals as a result of growing cardiovascular disease cases in the world. For instance, there are more than 890,000 cardiac surgery procedures performed each year in the United States. In cardiac surgery, pericardial patches are used to reconstruct the aorta and pulmonary vessels, close interatrial defects and reconstruct atrioventricular valves.

End-user (Hospitals, Ambulatory Care Centers, Diagnostic Centers)

The global pericardial patches market is also segmented and analyzed for demand and supply by end-user into hospitals, ambulatory care centers, diagnostic centers, and others. Out of these, the hospital segment is attributed to garner the highest segment share by the end of the analysis period. The high number of surgical procedures occurring in hospital settings is considered to be the major factor contributing to the growth of segment growth. Other factors providing an impetus for segment growth are the growing proportion of hospitals around the world and the large number of anterior cruciate ligament repair procedures performed in hospitals across the globe. Furthermore, the massive investment made towards improving hospital infrastructure and favorable reimbursement policies of hospitals is also anticipated to bring profitable opportunities for the expansion of segment size by the end of the forecast period

Our in-depth analysis of the global market includes the following segments: