Global Heart Valves Market Growth Analysis with Industry Top Key Players Like Abbott, Medtronic, St. Jude Medical, Boston Scientific, CryoLife, Inc., Edwards Lifesciences, LivaNova, Sorin Group, TTK HEALTHCARE LIMITED, Neovasc Inc. and On-X Life Technolog
An exclusive Heart Valves Market research report aims to present the analysis of Medical Device Industry by Type, By Application, growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2023.Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global heart valves market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Competitive Analysis: Global Heart Valves Market
· Abbott
· Boston Scientific
· CryoLife, Inc.
· Edwards Lifesciences
· On-X Life Technologies, Inc
· LivaNova
· Medtronic
· Micro Interventional Devices, Inc.
· Neovasc Inc.
· Sorin Group
· St. Jude Medical
· TTK HEALTHCARE LIMITED
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Heart valve disease occurs when heart valves do not work properly the way they should. The heart has four valves (the tricuspid, pulmonary, mitral, and aortic valves); these valves have tissue flaps that open and close at each heartbeat. The heart valve flaps make sure blood flows in the right direction through your heart's and to the rest of your body. Birth defects, age-related changes, infections, or other medical conditions can cause one or more of your heart valves to not open fully or to let blood leak back into the heart chambers. These conditions make your heart work harder and affect its ability to pump blood.
Market Segment by Type, covers
· Transcatheter Heart Valves
· Tissue Heart Valves
· Mechanical Heart Valves
Market Segment by Applications, can be divided into
· Hospitals
· Ambulatory Surgical Centers
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The normal invasive and MI procedures used by physicians often lead to complications like pleural effusion, arrhythmia, pleuritic, pericardial effusion, pericarditis, and infections in the lungs. This has led to physicians opting for minimally invasive catheter-based heart valve replacement surgery to reduce complications. Proven to be safe and efficient, these minimally invasive procedures reduce the need for blood transfusions, the risk of infections, hospital stays, and lead to rapid healing and recovery and better clinical outcome. As a result of their benefits, many cardiologists are opting these methods over invasive and open heart surgeries and vendors have started manufacturing products for use during minimally invasive procedures. This increase in implementation of minimally invasive procedures is considered to be one of the primary drivers that will fuel the growth of this market in the coming years.
The demand for heart valves in the US has been rising rapidly since 2013, which will likely continue during the forecast period. The incidence of heart valve diseases in the country is rising, particularly among people aged above 70. Heart valve replacement procedures are minimally invasive and are considered safe and efficient. Many people prefer these procedures to open-heart surgeries. Favorable reimbursement coverage by Medicare governs these procedures leading many vendors to focus on launching their products in the US. These vendors are conducting clinical trials to prove their products' safety and efficacy profiles and gain FDA approvals. Approval of these devices will help in increasing the overall market revenue of heart valves in the country and boost market's growth globally.
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Major Table of Contents:
1 Market Overview
2 Manufacturers Profiles
3 Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Market Analysis by Regions
5 North America
6 Europe
7 Asia-Pacific
8 South America
9 Middle East and Africa
10 Market Segment by Type
11 Market Segment by Application
12 Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
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Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
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Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
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