Global Prosthetic Heart Valve Market: Competitive Analysis & Major Market Competitors Analysis like Boston Scientific, Boston Scientific Cardiology, CryoLife, Inc., Medtronic, Edwards Lifesciences, Symetis, Braile Biomédica, Colibri Heart Valve, Abbott

The market is growing with the expansion of this Industry Sector Worldwide. Data Bridge Market Research Research has added a new report titled “Global Prosthetic Heart Valve Market Research Report 2018”which offers details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the concerned Prosthetic Heart Valve industry sector is highlighted in the report which indicates a prosperous future.

The global prosthetic heart valve/ artificial heart valve market accounted to USD 4.53 billion in 2016 growing at a CAGR of 12.70% during the forecast period of 2017 to 2024.

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Global Prosthetic Heart Valve Market, By Type (Transcatheter Heart Valve, Tissue Heart Valve, and Mechanical Heart Valve), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Some of the major players operating in global prosthetic heart valve/ artificial heart valve market are

Boston Scientific Corporation (U.S.),

Medtronic  (Ireland),

Edwards Lifesciences Corporation (U.S.),

St. Jude Medical, LLC. (U.S.),

Jenavalve Technology, Inc. (Germany),

LivaNova PLC (U.K.), CryoLife, Inc. (U.S.), SYMETIS (Switzerland), BraileBiomédica (Brazil), TTK Healthcare  (India), Lepu Medical Technology Co., Ltd. (China), Colibri Heart Valve, LLC (U.S.) and Abbott (U.S.), among others.

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Global Prosthetic Heart Valve/ Artificial Heart Valve Market Segmentation:

The global prosthetic heart valve/ artificial heart valve market is segmented on the basis of type.

Type
Transcatheter Heart Valve
Tissue Heart Valve
Mechanical Heart Valve

On the basis of type, global prosthetic heart valve/ artificial heart valve market is segmented into transcatheter heart valve, tissue heart valve, and mechanical heart valve. Transcatheter heart valves segment is expected to witness the highest market growth in the forecast period (2017-2024) due to use of less invasive techniques, more of technological advancement, increasing number of patients and rising prevalence of aortic stenosis.

Geographical Segmentation:

North America
South America
Europe
Asia-Pacific
Middle East and Africa

On the basis of geography, global prosthetic heart valve/artificial heart valve market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Global Competitive Analysis of Prosthetic Heart Valve Market

The global prosthetic heart valve/artificial heart valve market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes prosthetic heart valve/ artificial heart valve market shares for global, Europe, North America, Asia Pacific, and South America.

Key Market points:

Rise in incidence of heart diseases such as aortic stenosis and adoption of prosthetic valves is driving the growth of the prosthetic valves market. Other factors such as advanced technological development and rise of aging population also fuel the market growth.

Intense competition among the players results into high R&D for innovated products such as use of more noninvasive procedure, open heart surgery. For the improvement of healthcare sector, government is also supporting by donating more fundsso as to foster the demand for this particular market. However, some of the stringent regulations made by the government in particular regions may hinder the growth of this market.

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