EU5 Cardiovascular Surgery Market Outlook to 2020EU5 Cardiovascular Surgery Market Outlook to 2020...

EU5 Cardiovascular Surgery Market Outlook to 2020 GDMECR0103DB / Published May 2014

© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

EU5 Cardiovascular Surgery Market

Outlook to 2020

Reference Code: GDMECR0103DB

Publication Date: May 2014



1 Table of Contents

1 Table of Contents .................................................................................................................................................... 2

1.1 List of Tables .................................................................................................................................................... 5

1.2 List of Figures ................................................................................................................................................... 7

2 Introduction ............................................................................................................................................................ 10

2.1 What Is This Report About? ........................................................................................................................... 10

2.2 Cardiovascular Surgery Market Segmentation .............................................................................................. 10

2.3 Definitions of Markets Covered in the Report ................................................................................................ 11

3 Cardiovascular Surgery Market, EU5 .................................................................................................................. 13

3.1 Cardiovascular Surgery Market, EU5, Revenue ($m), 2005-2020 ................................................................ 13

3.2 Cardiovascular Surgery Market, EU5, Category Comparison by Revenue ($m), 2005-2020 ....................... 15



3.5 Cardiovascular Surgery Market, EU5, Volume (Units), 2005-2020 ............................................................... 21



3.8 Cardiovascular Surgery Market, EU5, Company Share by Revenue ($m), 2011-2012 ................................ 27

4 Cardiovascular Surgery Market, France.............................................................................................................. 29

4.1 Cardiovascular Surgery Market, France, Revenue ($m), 2005-2012 ............................................................ 29

4.2 Cardiovascular Surgery Market, France, Revenue ($m), 2012-2020 ............................................................ 31

4.2.1 Beating Heart Surgery Systems Market, France, Revenue ($m), by Segment, 2005-2012 ...................... 33

4.2.2 Perfusion Disposables Market, France, Revenue ($m), by Segment, 2005-2012 .................................... 35

4.2.3 Beating Heart Surgery Systems Market, France, Revenue ($m), by Segment, 2012-2020 ...................... 37

4.2.4 Perfusion Disposables Market, France, Revenue ($m), by Segment, 2012-2020 .................................... 39

4.3 Cardiovascular Surgery Market, France, Volume (Units), 2005-2012 ........................................................... 41

4.4 Cardiovascular Surgery Market, France, Volume (Units), 2012-2020 ........................................................... 43

4.4.1 Beating Heart Surgery Systems Market, France, Volume (Units), by Segment, 2005-2012 ..................... 45

4.4.2 Perfusion Disposables Market, France, Volume (Units), by Segment, 2005-2012 ................................... 47

4.4.3 Beating Heart Surgery Systems Market, France, Volume (Units), by Segment, 2012-2020 ..................... 49

4.4.4 Perfusion Disposables Market, France, Volume (Units), by Segment, 2012-2020 ................................... 51

4.5 Cardiovascular Surgery Market, France, Average Price ($), 2005-2020 ....................................................... 53

4.6 Cardiovascular Surgery Market, France, Distribution Share by Revenue ($m), 2011-2012 ......................... 55

4.7 Cardiovascular Surgery Market, France, Company Share by Revenue ($m), 2011-2012 ............................ 56

5 Cardiovascular Surgery Market, Germany .......................................................................................................... 58

5.1 Cardiovascular Surgery Market, Germany, Revenue ($m), 2005-2012 ........................................................ 58

5.2 Cardiovascular Surgery Market, Germany, Revenue ($m), 2012-2020 ........................................................ 60

5.2.1 Beating Heart Surgery Systems Market, Germany, Revenue ($m), by Segment, 2005-2012 .................. 62

5.2.2 Perfusion Disposables Market, Germany, Revenue ($m), by Segment, 2005-2012 ................................. 64

5.2.3 Beating Heart Surgery Systems Market, Germany, Revenue ($m), by Segment, 2012-2020 .................. 66

5.2.4 Perfusion Disposables Market, Germany, Revenue ($m), by Segment, 2012-2020 ................................. 68



5.3 Cardiovascular Surgery Market, Germany, Volume (Units), 2005-2012 ....................................................... 70

5.4 Cardiovascular Surgery Market, Germany, Volume (Units), 2012-2020 ....................................................... 72

5.4.1 Beating Heart Surgery Systems Market, Germany, Volume (Units), by Segment, 2005-2012 ................. 74

5.4.2 Perfusion Disposables Market, Germany, Volume (Units), by Segment, 2005-2012 ................................ 76

5.4.3 Beating Heart Surgery Systems Market, Germany, Volume (Units), by Segment, 2012-2020 ................. 78

5.4.4 Perfusion Disposables Market, Germany, Volume (Units), by Segment, 2012-2020 ................................ 80

5.5 Cardiovascular Surgery Market, Germany, Average Price ($), 2005-2020 ................................................... 82

5.6 Cardiovascular Surgery Market, Germany, Distribution Share by Revenue ($m), 2011-2012 ...................... 84

5.7 Cardiovascular Surgery Market, Germany, Company Share by Revenue ($m), 2011-2012 ........................ 85

6 Cardiovascular Surgery Market, Italy .................................................................................................................. 87

6.1 Cardiovascular Surgery Market, Italy, Revenue ($m), 2005-2012 ................................................................. 87

6.2 Cardiovascular Surgery Market, Italy, Revenue ($m), 2012-2020 ................................................................. 89

6.2.1 Beating Heart Surgery Systems Market, Italy, Revenue ($m), by Segment, 2005-2012 .......................... 91

6.2.2 Perfusion Disposables Market, Italy, Revenue ($m), by Segment, 2005-2012 ......................................... 93

6.2.3 Beating Heart Surgery Systems Market, Italy, Revenue ($m), by Segment, 2012-2020 .......................... 95

6.2.4 Perfusion Disposables Market, Italy, Revenue ($m), by Segment, 2012-2020 ......................................... 97

6.3 Cardiovascular Surgery Market, Italy, Volume (Units), 2005-2012 ................................................................ 99

6.4 Cardiovascular Surgery Market, Italy, Volume (Units), 2012-2020 .............................................................. 101

6.4.1 Beating Heart Surgery Systems Market, Italy, Volume (Units), by Segment, 2005-2012 ....................... 103

6.4.2 Perfusion Disposables Market, Italy, Volume (Units), by Segment, 2005-2012 ...................................... 105

6.4.3 Beating Heart Surgery Systems Market, Italy, Volume (Units), by Segment, 2012-2020 ....................... 107

6.4.4 Perfusion Disposables Market, Italy, Volume (Units), by Segment, 2012-2020 ...................................... 109

6.5 Cardiovascular Surgery Market, Italy, Average Price ($), 2005-2020 ......................................................... 111

6.6 Cardiovascular Surgery Market, Italy, Distribution Share by Revenue ($m), 2011-2012 ............................ 113

6.7 Cardiovascular Surgery Market, Italy, Company Share by Revenue ($m), 2011-2012 ............................... 114

7 Cardiovascular Surgery Market, Spain.............................................................................................................. 116

7.1 Cardiovascular Surgery Market, Spain, Revenue ($m), 2005-2012 ............................................................ 116

7.2 Cardiovascular Surgery Market, Spain, Revenue ($m), 2012-2020 ............................................................ 118

7.2.1 Beating Heart Surgery Systems Market, Spain, Revenue ($m), by Segment, 2005-2012 ...................... 120

7.2.2 Perfusion Disposables Market, Spain, Revenue ($m), by Segment, 2005-2012 .................................... 122

7.2.3 Beating Heart Surgery Systems Market, Spain, Revenue ($m), by Segment, 2012-2020 ...................... 124

7.2.4 Perfusion Disposables Market, Spain, Revenue ($m), by Segment, 2012-2020 .................................... 126

7.3 Cardiovascular Surgery Market, Spain, Volume (Units), 2005-2012 ........................................................... 128

7.4 Cardiovascular Surgery Market, Spain, Volume (Units), 2012-2020 ........................................................... 130

7.4.1 Beating Heart Surgery Systems Market, Spain, Volume (Units), by Segment, 2005-2012 ..................... 132

7.4.2 Perfusion Disposables Market, Spain, Volume (Units), by Segment, 2005-2012 ................................... 134

7.4.3 Beating Heart Surgery Systems Market, Spain, Volume (Units), by Segment, 2012-2020 ..................... 136

7.4.4 Perfusion Disposables Market, Spain, Volume (Units), by Segment, 2012-2020 ................................... 138

7.5 Cardiovascular Surgery Market, Spain, Average Price ($), 2005-2020 ....................................................... 140

7.6 Cardiovascular Surgery Market, Spain, Distribution Share by Revenue ($m), 2011-2012 ......................... 142

7.7 Cardiovascular Surgery Market, Spain, Company Share by Revenue ($m), 2011-2012 ............................ 143



8 Cardiovascular Surgery Market, United Kingdom ........................................................................................... 145

8.1 Cardiovascular Surgery Market, United Kingdom, Revenue ($m), 2005-2012 ........................................... 145

8.2 Cardiovascular Surgery Market, United Kingdom, Revenue ($m), 2012-2020 ........................................... 147

8.2.1 Beating Heart Surgery Systems Market, United Kingdom, Revenue ($m), by Segment, 2005-2012 ..... 149

8.2.2 Perfusion Disposables Market, United Kingdom, Revenue ($m), by Segment, 2005-2012 .................... 151

8.2.3 Beating Heart Surgery Systems Market, United Kingdom, Revenue ($m), by Segment, 2012-2020 ..... 153

8.2.4 Perfusion Disposables Market, United Kingdom, Revenue ($m), by Segment, 2012-2020 .................... 155

8.3 Cardiovascular Surgery Market, United Kingdom, Volume (Units), 2005-2012 .......................................... 157

8.4 Cardiovascular Surgery Market, United Kingdom, Volume (Units), 2012-2020 .......................................... 159

8.4.1 Beating Heart Surgery Systems Market, United Kingdom, Volume (Units), by Segment, 2005-2012 .... 161

8.4.2 Perfusion Disposables Market, United Kingdom, Volume (Units), by Segment, 2005-2012 ................... 163

8.4.3 Beating Heart Surgery Systems Market, United Kingdom, Volume (Units), by Segment, 2012-2020 .... 165

8.4.4 Perfusion Disposables Market, United Kingdom, Volume (Units), by Segment, 2012-2020 ................... 167

8.5 Cardiovascular Surgery Market, United Kingdom, Average Price ($), 2005-2020 ...................................... 169

8.6 Cardiovascular Surgery Market, United Kingdom, Distribution Share by Revenue ($m), 2011-2012 ......... 171

8.7 Cardiovascular Surgery Market, United Kingdom, Company Share by Revenue ($m), 2011-2012 ........... 172

9 Overview of Key Companies in EU5 Cardiovascular Surgery Market ........................................................... 174

9.1 Sorin S.p.A. .................................................................................................................................................. 174

9.1.1 Company Overview .................................................................................................................................. 174

9.2 Medtronic, Inc. .............................................................................................................................................. 174


9.3 Maquet Holding B.V. & Co. KG. ................................................................................................................... 174


9.4 Terumo Corporation ..................................................................................................................................... 175


9.5 St. Jude Medical, Inc. ................................................................................................................................... 175


10 Cardiovascular Surgery Market Pipeline Products....................................................................................... 176

11 Recent Developments ...................................................................................................................................... 177

11.1 Product News ............................................................................................................................................... 177

11.1.1 Apr 14, 2014: STILLE launches new line of advanced ergonomic surgical scissors ........................... 177

11.1.2 Feb 26, 2014: Esaote Launches New CrystaLine at ECR 2014 .......................................................... 177

11.1.3 Oct 09, 2013: 8 surgeons get approval to use cardiocel in adult patients ........................................... 178

11.2 Strategy And Business Planning .................................................................................................................. 179

11.2.1 Nov 14, 2013: Cook Medical Opens New Innovation Centre in Limerick, Ireland ............................... 179

12 Appendix ........................................................................................................................................................... 180

12.1 Research Methodology ................................................................................................................................ 181

12.1.1 Coverage .............................................................................................................................................. 181

12.1.2 Secondary Research ............................................................................................................................ 181

12.1.3 Primary Research ................................................................................................................................. 182

12.1.4 Market Modeling and Forecasting ........................................................................................................ 183



12.1.5 Company Share Analysis ..................................................................................................................... 186

12.1.6 Distribution Share Analysis .................................................................................................................. 187

12.2 Expert Panel ................................................................................................................................................. 187

12.3 GlobalData Consulting ................................................................................................................................. 188

12.4 Disclaimer ..................................................................................................................................................... 188

1.1 List of Tables

Table 1: Cardiovascular Surgery Market, Cross Country Comparison, EU5, Revenue ($m), USD Constant, 2005-2020 .............. 14

Table 2: Cardiovascular Surgery Market, EU5, Category Comparison by Revenue ($m), USD Constant, 2005-2020 .................. 16

Table 3: Cardiovascular Surgery Market, EU5, Revenue ($m), Historic, USD Constant, 2005-2012 ............................................. 18

Table 4: Cardiovascular Surgery Market, EU5, Revenue ($m), Forecast, USD Constant, 2012-2020 ........................................... 20

Table 5: Cardiovascular Surgery Market, EU5, Volume (Units), 2005-2020................................................................................... 22

Table 6: Cardiovascular Surgery Market, EU5, Volume (Units), Historic, 2005-2012 ..................................................................... 24

Table 7: Cardiovascular Surgery Market, EU5, Volume (Units), Forecast, 2012-2020 ................................................................... 26

Table 8: Cardiovascular Surgery Market, EU5, Company Share by Revenue ($m), USD Constant, 2011-2012 ........................... 28

Table 9: Cardiovascular Surgery Market, France, Revenue ($m), USD Constant, Historic, 2005-2012 ......................................... 30

Table 10: Cardiovascular Surgery Market, France, Revenue ($m), USD Constant, Forecast, 2012-2020 ..................................... 32

Table 11: Beating Heart Surgery Systems Market, France, Revenue ($m), USD Constant, Historic, 2005-2012 .......................... 34

Table 12: Perfusion Disposables Market, France, Revenue ($m), USD Constant, Historic, 2005-2012 ........................................ 36

Table 13: Beating Heart Surgery Systems Market, France, Revenue ($m), USD Constant, Forecast, 2012-2020 ........................ 38

Table 14: Perfusion Disposables Market, France, Revenue ($m), USD Constant, Forecast, 2012-2020 ...................................... 40

Table 15: Cardiovascular Surgery Market, France, Volume (Units), Historic, 2005-2012 .............................................................. 42

Table 16: Cardiovascular Surgery Market, France, Volume (Units), Forecast, 2012-2020 ............................................................ 44

Table 17: Beating Heart Surgery Systems Market, France, Volume (Units), Historic, 2005-2012 .................................................. 46

Table 18: Perfusion Disposables Market, France, Volume (Units), Historic, 2005-2012 ................................................................ 48

Table 19: Beating Heart Surgery Systems Market, France, Volume (Units), Forecast, 2012-2020 ................................................ 50

Table 20: Perfusion Disposables Market, France, Volume (Units), Forecast, 2012-2020 .............................................................. 52

Table 21: Cardiovascular Surgery Market, France, Average Price ($), Historic, 2005-2012 .......................................................... 53

Table 22: Cardiovascular Surgery Market, France, Average Price ($), Forecast, 2012-2020 ........................................................ 54

Table 23: Cardiovascular Surgery Market, France, Distribution Share by Revenue ($m), USD Constant, 2011-2012 .................. 55

Table 24: Cardiovascular Surgery Market, France, Company Share by Revenue ($m), USD Constant, 2011-2012 ..................... 57

Table 25: Cardiovascular Surgery Market, Germany, Revenue ($m), USD Constant, Historic, 2005-2012 ................................... 59

Table 26: Cardiovascular Surgery Market, Germany, Revenue ($m), USD Constant, Forecast, 2012-2020 ................................. 61

Table 27: Beating Heart Surgery Systems Market, Germany, Revenue ($m), USD Constant, Historic, 2005-2012 ...................... 63

Table 28: Perfusion Disposables Market, Germany, Revenue ($m), USD Constant, Historic, 2005-2012 ..................................... 65

Table 29: Beating Heart Surgery Systems Market, Germany, Revenue ($m), USD Constant, Forecast, 2012-2020 .................... 67

Table 30: Perfusion Disposables Market, Germany, Revenue ($m), USD Constant, Forecast, 2012-2020 ................................... 69

Table 31: Cardiovascular Surgery Market, Germany, Volume (Units), Historic, 2005-2012 ........................................................... 71

Table 32: Cardiovascular Surgery Market, Germany, Volume (Units), Forecast, 2012-2020 ......................................................... 73

Table 33: Beating Heart Surgery Systems Market, Germany, Volume (Units), Historic, 2005-2012 .............................................. 75

Table 34: Perfusion Disposables Market, Germany, Volume (Units), Historic, 2005-2012 ............................................................. 77

Table 35: Beating Heart Surgery Systems Market, Germany, Volume (Units), Forecast, 2012-2020 ............................................ 79



Table 36: Perfusion Disposables Market, Germany, Volume (Units), Forecast, 2012-2020 ........................................................... 81

Table 37: Cardiovascular Surgery Market, Germany, Average Price ($), Historic, 2005-2012 ....................................................... 82

Table 38: Cardiovascular Surgery Market, Germany, Average Price ($), Forecast, 2012-2020 ..................................................... 83

Table 39: Cardiovascular Surgery Market, Germany, Distribution Share by Revenue ($m), USD Constant, 2011-2012 ............... 84

Table 40: Cardiovascular Surgery Market, Germany, Company Share by Revenue ($m), USD Constant, 2011-2012 ................. 86

Table 41: Cardiovascular Surgery Market, Italy, Revenue ($m), USD Constant, Historic, 2005-2012 ........................................... 88

Table 42: Cardiovascular Surgery Market, Italy, Revenue ($m), USD Constant, Forecast, 2012-2020 ......................................... 90

Table 43: Beating Heart Surgery Systems Market, Italy, Revenue ($m), USD Constant, Historic, 2005-2012............................... 92

Table 44: Perfusion Disposables Market, Italy, Revenue ($m), USD Constant, Historic, 2005-2012 ............................................. 94

Table 45: Beating Heart Surgery Systems Market, Italy, Revenue ($m), USD Constant, Forecast, 2012-2020............................. 96

Table 46: Perfusion Disposables Market, Italy, Revenue ($m), USD Constant, Forecast, 2012-2020 ........................................... 98

Table 47: Cardiovascular Surgery Market, Italy, Volume (Units), Historic, 2005-2012 ................................................................. 100

Table 48: Cardiovascular Surgery Market, Italy, Volume (Units), Forecast, 2012-2020 ............................................................... 102

Table 49: Beating Heart Surgery Systems Market, Italy, Volume (Units), Historic, 2005-2012 .................................................... 104

Table 50: Perfusion Disposables Market, Italy, Volume (Units), Historic, 2005-2012 ................................................................... 106

Table 51: Beating Heart Surgery Systems Market, Italy, Volume (Units), Forecast, 2012-2020 .................................................. 108

Table 52: Perfusion Disposables Market, Italy, Volume (Units), Forecast, 2012-2020 ................................................................. 110

Table 53: Cardiovascular Surgery Market, Italy, Average Price ($), Historic, 2005-2012 ............................................................. 111

Table 54: Cardiovascular Surgery Market, Italy, Average Price ($), Forecast, 2012-2020 ........................................................... 112

Table 55: Cardiovascular Surgery Market, Italy, Distribution Share by Revenue ($m), USD Constant, 2011-2012 ..................... 113

Table 56: Cardiovascular Surgery Market, Italy, Company Share by Revenue ($m), USD Constant, 2011-2012 ........................ 115

Table 57: Cardiovascular Surgery Market, Spain, Revenue ($m), USD Constant, Historic, 2005-2012 ....................................... 117

Table 58: Cardiovascular Surgery Market, Spain, Revenue ($m), USD Constant, Forecast, 2012-2020 ..................................... 119

Table 59: Beating Heart Surgery Systems Market, Spain, Revenue ($m), USD Constant, Historic, 2005-2012 ......................... 121

Table 60: Perfusion Disposables Market, Spain, Revenue ($m), USD Constant, Historic, 2005-2012 ........................................ 123

Table 61: Beating Heart Surgery Systems Market, Spain, Revenue ($m), USD Constant, Forecast, 2012-2020 ........................ 125

Table 62: Perfusion Disposables Market, Spain, Revenue ($m), USD Constant, Forecast, 2012-2020 ...................................... 127

Table 63: Cardiovascular Surgery Market, Spain, Volume (Units), Historic, 2005-2012 .............................................................. 129

Table 64: Cardiovascular Surgery Market, Spain, Volume (Units), Forecast, 2012-2020 ............................................................ 131

Table 65: Beating Heart Surgery Systems Market, Spain, Volume (Units), Historic, 2005-2012 .................................................. 133

Table 66: Perfusion Disposables Market, Spain, Volume (Units), Historic, 2005-2012 ................................................................ 135

Table 67: Beating Heart Surgery Systems Market, Spain, Volume (Units), Forecast, 2012-2020 ................................................ 137

Table 68: Perfusion Disposables Market, Spain, Volume (Units), Forecast, 2012-2020 .............................................................. 139

Table 69: Cardiovascular Surgery Market, Spain, Average Price ($), Historic, 2005-2012 .......................................................... 140

Table 70: Cardiovascular Surgery Market, Spain, Average Price ($), Forecast, 2012-2020 ........................................................ 141

Table 71: Cardiovascular Surgery Market, Spain, Distribution Share by Revenue ($m), USD Constant, 2011-2012 .................. 142

Table 72: Cardiovascular Surgery Market, Spain, Company Share by Revenue ($m), USD Constant, 2011-2012 ..................... 144

Table 73: Cardiovascular Surgery Market, United Kingdom, Revenue ($m), USD Constant, Historic, 2005-2012 ...................... 146

Table 74: Cardiovascular Surgery Market, United Kingdom, Revenue ($m), USD Constant, Forecast, 2012-2020 .................... 148

Table 75: Beating Heart Surgery Systems Market, United Kingdom, Revenue ($m), USD Constant, Historic, 2005-2012 .......... 150

Table 76: Perfusion Disposables Market, United Kingdom, Revenue ($m), USD Constant, Historic, 2005-2012 ........................ 152

Table 77: Beating Heart Surgery Systems Market, United Kingdom, Revenue ($m), USD Constant, Forecast, 2012-2020 ........ 154

Table 78: Perfusion Disposables Market, United Kingdom, Revenue ($m), USD Constant, Forecast, 2012-2020 ...................... 156



Table 79: Cardiovascular Surgery Market, United Kingdom, Volume (Units), Historic, 2005-2012 .............................................. 158

Table 80: Cardiovascular Surgery Market, United Kingdom, Volume (Units), Forecast, 2012-2020 ............................................ 160

Table 81: Beating Heart Surgery Systems Market, United Kingdom, Volume (Units), Historic, 2005-2012 ................................. 162

Table 82: Perfusion Disposables Market, United Kingdom, Volume (Units), Historic, 2005-2012 ................................................ 164

Table 83: Beating Heart Surgery Systems Market, United Kingdom, Volume (Units), Forecast, 2012-2020................................ 166

Table 84: Perfusion Disposables Market, United Kingdom, Volume (Units), Forecast, 2012-2020 .............................................. 168

Table 85: Cardiovascular Surgery Market, United Kingdom, Average Price ($), Historic, 2005-2012 .......................................... 169

Table 86: Cardiovascular Surgery Market, United Kingdom, Average Price ($), Forecast, 2012-2020 ........................................ 170

Table 87: Cardiovascular Surgery Market, United Kingdom, Distribution Share by Revenue ($m), USD Constant, 2011-2012 .. 171

Table 88: Cardiovascular Surgery Market, United Kingdom, Company Share by Revenue ($m), USD Constant, 2011-2012 ..... 173

Table 89: Cardiovascular Surgery Market Pipeline Products ....................................................................................................... 176

Table 90: Total Number of Primary Research Participants, Cardiovascular Devices Market, by Country .................................... 183

1.2 List of Figures

Figure 1: Cardiovascular Surgery Market, Cross Country Comparison, EU5, Revenue ($m), USD Constant, 2005-2020 ............ 13

Figure 2: Cardiovascular Surgery Market, EU5, Category Comparison by Revenue ($m), USD Constant, 2005-2020 ................. 15

Figure 3: Cardiovascular Surgery Market, EU5, Revenue ($m), Historic, USD Constant, 2005-2012 ............................................ 17

Figure 4: Cardiovascular Surgery Market, EU5, Revenue ($m), Forecast, USD Constant, 2012-2020 .......................................... 19

Figure 5: Cardiovascular Surgery Market, EU5, Volume (Units), 2005-2020 ................................................................................. 21

Figure 6: Cardiovascular Surgery Market, EU5, Volume (Units), Historic, 2005-2012 ................................................................... 23

Figure 7: Cardiovascular Surgery Market, EU5, Volume (Units), Forecast, 2012-2020 ................................................................. 25

Figure 8: Cardiovascular Surgery Market, EU5, Company Share (%), 2012 .................................................................................. 27

Figure 9: Cardiovascular Surgery Market, France, Revenue ($m), USD Constant, Historic, 2005-2012 ....................................... 29

Figure 10: Cardiovascular Surgery Market, France, Revenue ($m), USD Constant, Forecast, 2012-2020 ................................... 31

Figure 11: Beating Heart Surgery Systems Market, France, Revenue ($m), USD Constant, Historic, 2005-2012 ......................... 33

Figure 12: Perfusion Disposables Market, France, Revenue ($m), USD Constant, Historic, 2005-2012 ....................................... 35

Figure 13: Beating Heart Surgery Systems Market, France, Revenue ($m), USD Constant, Forecast, 2012-2020 ....................... 37

Figure 14: Perfusion Disposables Market, France, Revenue ($m), USD Constant, Forecast, 2012-2020 ..................................... 39

Figure 15: Cardiovascular Surgery Market, France, Volume (Units), Historic, 2005-2012 ............................................................. 41

Figure 16: Cardiovascular Surgery Market, France, Volume (Units), Forecast, 2012-2020 ........................................................... 43

Figure 17: Beating Heart Surgery Systems Market, France, Volume (Units), Historic, 2005-2012 ................................................. 45

Figure 18: Perfusion Disposables Market, France, Volume (Units), Historic, 2005-2012 ............................................................... 47

Figure 19: Beating Heart Surgery Systems Market, France, Volume (Units), Forecast, 2012-2020 ............................................... 49

Figure 20: Perfusion Disposables Market, France, Volume (Units), Forecast, 2012-2020 ............................................................. 51

Figure 21: Cardiovascular Surgery Market, France, Company Share (%), 2012 ............................................................................ 56

Figure 22: Cardiovascular Surgery Market, Germany, Revenue ($m), USD Constant, Historic, 2005-2012 .................................. 58

Figure 23: Cardiovascular Surgery Market, Germany, Revenue ($m), USD Constant, Forecast, 2012-2020 ................................ 60

Figure 24: Beating Heart Surgery Systems Market, Germany, Revenue ($m), USD Constant, Historic, 2005-2012 ..................... 62

Figure 25: Perfusion Disposables Market, Germany, Revenue ($m), USD Constant, Historic, 2005-2012 .................................... 64

Figure 26: Beating Heart Surgery Systems Market, Germany, Revenue ($m), USD Constant, Forecast, 2012-2020 ................... 66

Figure 27: Perfusion Disposables Market, Germany, Revenue ($m), USD Constant, Forecast, 2012-2020 .................................. 68

Figure 28: Cardiovascular Surgery Market, Germany, Volume (Units), Historic, 2005-2012 .......................................................... 70

Figure 29: Cardiovascular Surgery Market, Germany, Volume (Units), Forecast, 2012-2020 ........................................................ 72



Figure 30: Beating Heart Surgery Systems Market, Germany, Volume (Units), Historic, 2005-2012 ............................................. 74

Figure 31: Perfusion Disposables Market, Germany, Volume (Units), Historic, 2005-2012............................................................ 76

Figure 32: Beating Heart Surgery Systems Market, Germany, Volume (Units), Forecast, 2012-2020 ........................................... 78

Figure 33: Perfusion Disposables Market, Germany, Volume (Units), Forecast, 2012-2020.......................................................... 80

Figure 34: Cardiovascular Surgery Market, Germany, Company Share (%), 2012 ........................................................................ 85

Figure 35: Cardiovascular Surgery Market, Italy, Revenue ($m), USD Constant, Historic, 2005-2012 .......................................... 87

Figure 36: Cardiovascular Surgery Market, Italy, Revenue ($m), USD Constant, Forecast, 2012-2020 ........................................ 89

Figure 37: Beating Heart Surgery Systems Market, Italy, Revenue ($m), USD Constant, Historic, 2005-2012 ............................. 91

Figure 38: Perfusion Disposables Market, Italy, Revenue ($m), USD Constant, Historic, 2005-2012 ............................................ 93

Figure 39: Beating Heart Surgery Systems Market, Italy, Revenue ($m), USD Constant, Forecast, 2012-2020 ........................... 95

Figure 40: Perfusion Disposables Market, Italy, Revenue ($m), USD Constant, Forecast, 2012-2020 .......................................... 97

Figure 41: Cardiovascular Surgery Market, Italy, Volume (Units), Historic, 2005-2012 .................................................................. 99

Figure 42: Cardiovascular Surgery Market, Italy, Volume (Units), Forecast, 2012-2020 .............................................................. 101

Figure 43: Beating Heart Surgery Systems Market, Italy, Volume (Units), Historic, 2005-2012 ................................................... 103

Figure 44: Perfusion Disposables Market, Italy, Volume (Units), Historic, 2005-2012 .................................................................. 105

Figure 45: Beating Heart Surgery Systems Market, Italy, Volume (Units), Forecast, 2012-2020 ................................................. 107

Figure 46: Perfusion Disposables Market, Italy, Volume (Units), Forecast, 2012-2020 ................................................................ 109

Figure 47: Cardiovascular Surgery Market, Italy, Company Share (%), 2012 .............................................................................. 114

Figure 48: Cardiovascular Surgery Market, Spain, Revenue ($m), USD Constant, Historic, 2005-2012 ..................................... 116

Figure 49: Cardiovascular Surgery Market, Spain, Revenue ($m), USD Constant, Forecast, 2012-2020 ................................... 118

Figure 50: Beating Heart Surgery Systems Market, Spain, Revenue ($m), USD Constant, Historic, 2005-2012 ......................... 120

Figure 51: Perfusion Disposables Market, Spain, Revenue ($m), USD Constant, Historic, 2005-2012 ....................................... 122

Figure 52: Beating Heart Surgery Systems Market, Spain, Revenue ($m), USD Constant, Forecast, 2012-2020 ....................... 124

Figure 53: Perfusion Disposables Market, Spain, Revenue ($m), USD Constant, Forecast, 2012-2020 ..................................... 126

Figure 54: Cardiovascular Surgery Market, Spain, Volume (Units), Historic, 2005-2012 ............................................................. 128

Figure 55: Cardiovascular Surgery Market, Spain, Volume (Units), Forecast, 2012-2020 ........................................................... 130

Figure 56: Beating Heart Surgery Systems Market, Spain, Volume (Units), Historic, 2005-2012 ................................................. 132

Figure 57: Perfusion Disposables Market, Spain, Volume (Units), Historic, 2005-2012 ............................................................... 134

Figure 58: Beating Heart Surgery Systems Market, Spain, Volume (Units), Forecast, 2012-2020 ............................................... 136

Figure 59: Perfusion Disposables Market, Spain, Volume (Units), Forecast, 2012-2020 ............................................................. 138

Figure 60: Cardiovascular Surgery Market, Spain, Company Share (%), 2012 ............................................................................ 143

Figure 61: Cardiovascular Surgery Market, United Kingdom, Revenue ($m), USD Constant, Historic, 2005-2012 ..................... 145

Figure 62: Cardiovascular Surgery Market, United Kingdom, Revenue ($m), USD Constant, Forecast, 2012-2020 ................... 147

Figure 63: Beating Heart Surgery Systems Market, United Kingdom, Revenue ($m), USD Constant, Historic, 2005-2012 ........ 149

Figure 64: Perfusion Disposables Market, United Kingdom, Revenue ($m), USD Constant, Historic, 2005-2012 ....................... 151

Figure 65: Beating Heart Surgery Systems Market, United Kingdom, Revenue ($m), USD Constant, Forecast, 2012-2020 ...... 153

Figure 66: Perfusion Disposables Market, United Kingdom, Revenue ($m), USD Constant, Forecast, 2012-2020 ..................... 155

Figure 67: Cardiovascular Surgery Market, United Kingdom, Volume (Units), Historic, 2005-2012 ............................................. 157

Figure 68: Cardiovascular Surgery Market, United Kingdom, Volume (Units), Forecast, 2012-2020 ........................................... 159

Figure 69: Beating Heart Surgery Systems Market, United Kingdom, Volume (Units), Historic, 2005-2012 ................................ 161

Figure 70: Perfusion Disposables Market, United Kingdom, Volume (Units), Historic, 2005-2012 ............................................... 163

Figure 71: Beating Heart Surgery Systems Market, United Kingdom, Volume (Units), Forecast, 2012-2020 .............................. 165

Figure 72: Perfusion Disposables Market, United Kingdom, Volume (Units), Forecast, 2012-2020 ............................................. 167



Figure 73: Cardiovascular Surgery Market, United Kingdom, Company Share (%), 2012 ........................................................... 172

Figure 74: GlobalData Epidemiology-Based Forecasting Model .................................................................................................. 185

Figure 75: GlobalData Capital Equipment-Based Forecasting Model .......................................................................................... 186

Figure 76: Primary Interviews by Participant Type (%) ................................................................................................................. 187



2 Introduction

Medical Equipment Market Reports are the ideal guide for anyone wishing to understand their market better in terms

of revenues, unit sales, distributors and competitors.

2.1 What Is This Report About?

This report provides an overview and the following information related to the country, region, various categories,

distribution share and competitive landscape in the market:

1. Comprehensive data related to the market revenue, unit sale, average price, company share and

distribution share.

2. Corporate-level profiles of key companies operating in the Cardiovascular Surgery market, which

includes a brief overview of the company. The selection of the companies is based on their operational

presence.

3. A list of key products under development by different companies. The selection of this list is based on the

territory in which these products are being clinically investigated.

4. Key news and deals related to the Cardiovascular Surgery market.

2.2 Cardiovascular Surgery Market Segmentation

Cardiovascular Surgery market is segmented as described below, in this report:

1. Cardiac Ablation Devices

2. Cardiopulmonary Bypass Equipment

3. Beating Heart Surgery Systems

Beating Heart Surgery Systems includes sub-segments such as Positioners and Stabilizers

4. Perfusion Disposables

Perfusion Disposables includes sub-segments such as Custom Tubing Packs and Oxygenators



2.3 Definitions of Markets Covered in the Report

Cardiovascular Surgery

This includes devices used in cardiovascular surgeries such as coronary artery bypass surgery. The category

includes devices and accessories used to aid in cardiovascular surgery.

Beating Heart Surgery Systems

Beating heart surgery systems are a new technique of cardiac surgery in which the heart continues to beat at its

normal rhythm during the surgery. This segment consists of positioners and stabilizers.

Positioners

Positioners guide and hold the heart in a position that provides the best access to the blocked arteries. One unit

refers to one positioner.

Stabilizers

Stabilizers hold a small area of the heart still while a surgeon works on it. One unit refers to one stabilizer.

Cardiac Ablation Devices

Cardiac ablation devices are used to treat the atrial fibrillation by disrupting the abnormal pathways using

RF/Microwave energy or intense cold (cryoablation). Electrophysiology (EP) ablation is not tracked under this

segment. The system includes radiofrequency (RF) generator, remote control console and irrigation pump. One unit

refers to one cardiac ablation device consisting of the above mentioned devices.

Cardiopulmonary Bypass Equipment

Cardiopulmonary bypass equipment consists of the capital equipment used during cardio pulmonary bypass surgery.

This includes the heart-lung machine. One unit refers to one heart-lung machine.

Perfusion Disposables

Perfusion disposables consist of the disposable items used during cardio pulmonary bypass surgery. These include

custom packs and oxygenators. One oxygenator and one custom tubing pack are used for each on-pump procedure.

Custom Tubing Packs

Custom Tubing Packs are made from non-toxic medical grade P.V.C. tubing, and are used exclusively in combination

with heart lung machine and other devices of the system, such as oxygenator, blood cardioplegia delivery system.

The set is used exclusively for supply of blood & other liquids between the patient & extracorporeal system. A custom

tubing pack usually consists of tubing, connectors, fittings and monitoring cells. One unit refers to one custom tubing

pack.



Oxygenators

Oxygenators are devices in which blood and oxygen are separated by a semi-permeable membrane, generally of

Teflon or polypropylene, across which gas exchange occurs. These devices are used along with heart-lung machines

during cardiopulmonary bypass surgery. One unit refers to one oxygenator.



3 Cardiovascular Surgery Market, EU5

3.1 Cardiovascular Surgery Market, EU5, Revenue ($m), 2005-2020

Figure 1: Cardiovascular Surgery Market, Cross Country Comparison, EU5, Revenue ($m), USD Constant, 2005-2020

Source: GlobalData



Table 1: Cardiovascular Surgery Market, Cross Country Comparison, EU5, Revenue ($m), USD Constant, 2005-2020

Country Name 2005 2012 2020 CAGR 05-12 CAGR 12-20 CAGR 05-20

Source: GlobalData



3.2 Cardiovascular Surgery Market, EU5, Category Comparison by Revenue ($m), 2005-2020

Figure 2: Cardiovascular Surgery Market, EU5, Category Comparison by Revenue ($m), USD Constant, 2005-2020

Source: GlobalData



Table 2: Cardiovascular Surgery Market, EU5, Category Comparison by Revenue ($m), USD Constant, 2005-2020

Category 2012 CAGR 05-12 CAGR 12-20

Source: GlobalData



Page 180

12 Appendix

The data and analysis within this report are driven by Medical eTrack. Medical eTrack gives you the key information

required to drive sales, investment and deal-making activity in your business. It includes the following:

15,000+ data tables showing market size across more than 780 medical equipment segments and 15 countries,

from 2005 and forecast to 2020

6,000+ primary expert interviews, conducted annually to ensure data and report quality

1,100+ medical equipment conference reports

1,000+ industry-leading reports per annum, covering growing sectors, market trends, investment opportunities

and competitive landscape

600+ analysis reports, covering market and pipeline product analysis, by indication; medical equipment trends

and issues, and investment and M&A trends worth over $3m

50,000+ medical equipment company profiles

2,000+ private, emerging and technology start-up company profiles

4,000+ company profiles of medical equipment manufacturers in China and India

2,000+ company profiles of medical equipment manufacturers in Japan

825+ companies‟ revenue splits and market shares

1,100+ quarterly and annual medical equipment company financials

700+ medical equipment company SWOTs

11,700+ pipeline product profiles

14,000+ marketed product profiles

16,900+ clinical trials

17,000+ trial investigators

18,000+ new product patents

3,700+ reports on companies with products in development

21,500+ reports on deals in the medical equipment industry

1,300+ surgical and diagnostic procedures by therapy area

50+ key healthcare indicators by country

For more information or to receive a free demonstration of the service, please visit:

http://www.medicaletrack.com/ContactUs.aspx?Id=RequestDemo



1

12.1 Research Methodology

GlobalData‟s dedicated research and analysis teams consist of experienced professionals with advanced statistical

expertise and marketing, market research and consulting backgrounds in the medical devices industry.

GlobalData adheres to the codes of practice of the European Pharmaceutical Marketing Research Association

(http://www.ephmra.org/).

All GlobalData databases are continuously updated and revised.

12.1.1 Coverage

The objective of updating GlobalData‟s coverage is to ensure that it represents the most up-to-date vision of the

industry possible.

Changes to the industry taxonomy are built on the basis of extensive research of company, association and

competitor sources.

Company coverage is based on three key factors: revenue; product and media attention; and innovation and market

potential.

The estimated revenue of all major companies, both private and public, are gathered and used to prioritize coverage.

GlobalData aims to cover all major news events and deals in the medical devices industry, updated on a daily basis.

The coverage is further streamlined and strengthened with additional input from GlobalData‟s expert panel.

12.1.2 Secondary Research

The research process begins with extensive secondary research using internal and external sources to gather all

relevant data and information pertaining to a particular market model for a particular country. The secondary research

sources that are typically referred to include, but are not limited to:

Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings

Industry trade journals, scientific journals and other technical literature

Association and healthcare organization websites

PubMed, Medscape and other relevant services which compile extensive reviews of clinical literature

Internal proprietary databases

Relevant patent and regulatory databases

National government documents, statistical databases and market reports

Procedure registries

News articles, press releases and web-casts specific to the companies operating in the market



Page 182

12.1.3 Primary Research

GlobalData conducts interviews with industry participants and commentators in order to validate its data and analysis.

A typical research interview fulfills the following functions:

Provides first-hand information on market size, market trends, growth trends, competitive landscape and

future outlook

Helps to validate and strengthen secondary research findings

Further develops the analysis team‟s expertise and market understanding

Primary research involves email correspondence, telephone interviews and face-to-face interviews for each market,

category, segment and sub-segment across a range of geographies.

The participants who typically take part in such a process include, but are not limited to:

o Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and

national sales managers

o Distributors, paramedics and representatives from hospital stores, laboratories and pharmacies

o Outside experts: investment bankers, valuation experts and research analysts that specialize in specific

medical equipment markets

o Key opinion leaders: physicians and surgeons that specialize in the therapeutic areas in which the

medical device is used

The market data was validated based on the inputs from 1,771 primary research participants. The primary research

participants included stakeholders from demand side such as the cardiovascular surgeons, as well as participants

from the supply side such as the marketing managers, sales managers and product managers of companies

manufacturing/marketing cardiovascular devices.



Page 183

Table 90: Total Number of Primary Research Participants, Cardiovascular Devices Market, by Country

Country Total Number of Primary Research Participants

United States 136

United Kingdom 120

Germany 128

France 153

Italy 121

Spain 134

Brazil 128

China 79

India 173

Russia 89

Japan 88

Australia 122

Canada 111

Mexico 90

South Korea 99

Total 1,771

Source: GlobalData

12.1.4 Market Modeling and Forecasting

GlobalData uses an epidemiology-based treatment flow model and capital equipment-based model to estimate and

forecast market size.

Epidemiology-Based Market Model and Forecasting

The epidemiology-based forecasting model uses epidemiology data gathered from research publications and primary

interviews with physicians to establish the target patient population and treatment flow pattern for individual diseases

and therapies. The data covers prevalence, incidence, diseased population, diagnosed population, and treatment

population.

The market forecast begins with the general population, the size of which varies depending on the indication.

Prevalence is the percentage of the total population that suffers from a particular disease or condition.

Incidence is the number of new cases of a condition, symptom, death or injury that develop during a specific

time period, such as one year.

The diseased population is the population suffering from a particular disease or condition.

The diagnosed population is the population that has been diagnosed with a particular disease or condition,

expressed as a percentage of the prevalence population.



Page 184

The treatment population is the percentage of the population that has been diagnosed with a particular

disease or condition.

Device uptake is the percentage of the treatment population using a particular device, determined based on

the primary responses and the information available in secondary sources.

The epidemiology-based forecasting model for a medical device is used to:

Determine the patient segment using a particular device or procedure

Determine the frequency of usage of a particular device depending on the patient type, which further helps to

determine the absolute unit sales of a device in a year

The market for any medical device is directly proportional to the volume of units sold and the price per unit.

Market size = volumes of units sold X ASP (Average Selling Price)

The volume of units sold is calculated from the number of patients using or that has been implanted with the device.

Data on treatment rate, diagnosis and surgical treatment rate, if unavailable from research publications, is gathered

from interviews with physicians and used to estimate the patient volume for the disease under consideration.

The ASP of a device is mostly gathered from primary and secondary sources. ASP is the price at which a device is

available in a target country to an end-user. For capital equipment, the end-user is typically considered to be the

healthcare setting. For implants and consumables purchased by patients, the end-user is the patient.

Factors such as company share, reimbursement, company type (local/domestic or multinational) are taken into

consideration during ASP analysis, which uses the following sources:

Company websites

Annual reports/industry reports

Press releases



Page 185

Epidemiology-Based Forecasting Model

Capital Equipment-Based Market Model and Forecasting

The capital equipment-based forecasting model is based on the installed base, replacements and new sales of a

specific type of capital equipment in healthcare facilities such as hospitals, clinics and diagnostic centers. The

installed base is calculated from the average number of units per facility. Sales for a particular year are arrived at by

calculating the number of replacement units and new units (additional and first-time purchases). Secondary sources

and interviews with supply-side participants and key opinion leaders from healthcare facilities are used to arrive at

installed base and unit sales for a particular year. The factors typically affecting the forecast growth rates are:

Growth in the number of healthcare facilities

Healthcare spending and government programs and initiatives

Migration from low-end equipment to high-end equipment

Growth in the diagnosed population and treatment population

Figure 74: GlobalData Epidemiology-Based Forecasting Model

Source: GlobalData



Page 186

Capital Equipment-Based Forecasting Model

12.1.5 Company Share Analysis

Company shares are calculated by analyzing a company‟s sales in a particular market. In the case of public

companies, annual reports and regulatory filings, investor presentations, earnings call transcripts and broker reports

are used to determine a company‟s revenue in a particular market and in a particular geography.

In the case of the private companies, company share data is gathered mostly from primary interviews and secondary

sources. Company share analysis is based on primary interviews with:

Supply side (manufacturers)

Procurement side

Distributors

Hospital purchasing groups

Demand side (surgeons/specialists)

Figure 75: GlobalData Capital Equipment-Based Forecasting Model

Source: GlobalData



Page 187

The benefits of this approach are:

High number of respondents to validate and from which to derive accurate company shares

Broad view from the supply, demand, and procurement side

Prevents biased opinions being reproduced

Demand-side interviews with key opinion leaders help to understand their preferences for the devices of

specific companies, strengthening company share estimates

Primary Interviews by Participant Type

Figure 76: Primary Interviews by Participant Type (%)

The final company share data is based on input from the supply side, the procurement side and the demand side, as

well as secondary sources. Please note that market share for companies that are included under the „Others‟

category is not tracked on an individual basis.

12.1.6 Distribution Share Analysis

Distribution share information is gathered using a combination of secondary and primary research. It is supported by

primary interviews because the availability of secondary data is limited in most cases.

12.2 Expert Panel

GlobalData uses a panel of experts to cross-verify its databases and forecasts.

GlobalData‟s expert panel comprises marketing managers, product specialists, international sales managers from

medical device companies, academics from research universities, key opinion leaders from hospitals, consultants

from venture capital funds and distributors/suppliers of medical equipment and supplies.

Historic data and forecasts are relayed to GlobalData‟s expert panel for feedback and adjusted accordingly.

50

25

25

Procurement side Supply side Demand side



Page 188

12.3 GlobalData Consulting

We hope that the data and analysis in this brief will help you to make informed and imaginative business decisions. If

you have further requirements, GlobalData‟s consulting team may be able to help you. GlobalData offers tailor-made

analytical and advisory services to drive your key strategic decisions.

12.4 Disclaimer

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means,

electronic, mechanical, photocopying, recording or otherwise without the prior permission of the publisher,

GlobalData.

EU5 Cardiovascular Surgery Market Outlook to 2020EU5 Cardiovascular Surgery Market Outlook to 2020...

Documents

Transcript of EU5 Cardiovascular Surgery Market Outlook to 2020EU5 Cardiovascular Surgery Market Outlook to 2020...