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Prosthetic Heart Valves Market, By Product Type, By End User, and Geography - Global Trends, and Forecast to 2025
Prosthetic Heart Valves
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Market Dynamics
The aging population and increasing patient population of heart disease are expected to drive demand for prosthetic heart valve-based treatment in the future. For instance, According to the statistics of World Health Organization in 2012, 17.6 million people died of cardiovascular disease (CVD) worldwide, and proportionally, this accounts for 31.43% of global mortality. Moreover, The emergence of valve-in-valve procedures serves as a significant market opportunity for the prosthetic heart valve. Physicians are opting to use bioprosthetic valves because they are confident that in the case of tissue valve degeneration, they will be able to re-intervene and percutaneously implant a transcatheter valve. Given the high treatment costs associated with Transcatheter Aortic
Heart Valve (TAVR), strict regulations by the government may restraint the market growth during the forecast period. However, if the cost of this technology can be reduced, as is expected with the approval of next-generation devices by manufacturers, the prosthetic heart valve will be the most lucrative market for medical device companies. For instance, in February, 2018, Medtronic Plc’s product- Mosaic bioprosthetic heart valve demonstrated positive performance and Long-Term Durability Up to 12 Years in International Study. This clinical study supports the long-term, robust performance of the Mosaic valve, and reinforces the trend in the decreasing average age of recipients.
Key features of the study:
This report provides in-depth analysis of prosthetic heart valves in medical sector and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global prosthetic heart valves market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study include Boston Scientific Corporation,
Edwards Lifesciences Corporation, Medtronic plc, LivaNova PLC, Abbott, Jenavalve Technology, Inc., Lepu Medical Technology Co., Ltd., CryoLife, Inc., and Neovasc Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
The global prosthetic heart valves market report caters to various stakeholders in this industry including investors, suppliers, prosthetic heart valves device manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the prosthetic heart valves market
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Detailed Segmentation:
Global Prosthetic Heart Valves Market, By Product Type:
Transcatheter Heart Valves
Mechanical Heart Valves
Tissue Heart Valves
Global Prosthetic Heart Valves Market, By End User:
Hospitals
Ambulatory Surgical Centers
Global Prosthetic Heart Valves Market, By Geography:
North America
By Country:
U.S.
Canada
By Product Type:
Transcatheter Heart Valves
Mechanical Heart Valves
Tissue Heart Valves
By End User:
Hospitals
Ambulatory Surgical Centers
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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Coherent Market Insights
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