The global market for cardiovascular surgery devices is estimated to reach $2.4bn in 2016, according to a report by GlobalData.
The market was valued at $2bn in 2009. Growth is expected to be driven by patients suffering from coronary artery disease and their increased awareness of cardiovascular surgery.
The cardiovascular surgery devices market in India was valued at $92m in 2009, and is estimated to reach $251.6m in 2016.
This market is expected to be driven by an increase in medical tourism due to the low cost of coronary artery bypass graft surgery compared to developed economies.