Press release
Mitral Valve Stenosis (MVS) Market by Dominant Players as Medtronic Plc, Edward Lifesciences, Boston Scientific Corporation, Abbott Laboratories, HighLife Medical, Neovasc, CryoLife, On-X Life Technologies, Micro Interventional Devices, etc
Market Research Future (MRFR)’s Detail Analysis Projects that the Global Mitral Valve Stenosis Market is set to expand at a healthy pace in the foreseeable future.Mitral Valve Stenosis Market – Highlights
Global Mitral Valve Stenosis Market is anticipated to grow significantly over the forecast period 2018 to 2023. Mitral valve stenosis occurs when then the mitral valve opening in the heart is narrowed.
The mitral valve is located on the left side of the heart between the two chambers namely the atrium and the ventricle. In this condition, enough amount of blood does not flow through the mitral valve. Scarring caused by rheumatic fever is considered to be the major cause of mitral valve stenosis.
The growing prevalence of heart diseases, increasing occurrences of rheumatic fever, technological advancements coupled with the introduction of novel mitral valves are anticipated to boost the growth of the market during the assessment period.
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According to a study by researchers at the Stanford University School of Medicine in 2017, it was found that more than 50,000 people in the United States undergo either aortic- or mitral valve replacement surgery each year. On the other hand, the stringent government regulation for drug and medical device approval and the high cost of mitral valve surgeries may hamper the growth of the market.
Segmental Analysis:
The global mitral valve stenosis market has been segmented into diagnostic tests, treatment, and end user.
The global market, on the basis of diagnostic tests, has been segmented into electrocardiogram (ECG), transthoracic echocardiogram, transesophageal echocardiogram, cardiac catheterization, and others.
The global market, on the basis of treatment, has been segmented into medication and procedures. The medication segmented is further classified into diuretics, blood thinners, beta blockers, anti-arrhythmic drugs, and antibiotics. The procedures segment has been further segmented into mitral valvuloplasty and mitral valve surgery. The mitral surgery segment has been further classified into mitral valve repair and mitral valve replacement. The procedures segment is anticipated to hold the largest market share on the basis of treatment due to the growing number of companies engaged in the development of medical devices for mitral valve stenosis.
The global market, by end user, has been segmented into hospital & clinics, diagnostic centers, and others.
Players Mentioned:
Some of the key players in the global mitral valve stenosis market are Medtronic Plc, Edward Lifesciences, Boston Scientific Corporation, Abbott Laboratories, HighLife Medical, Neovasc Inc., CryoLife, Inc., On-X Life Technologies, Inc., Braun Melsungen AG, JenaValve Technology, Siemens Healthcare, and Micro Interventional Devices, Inc.
Detailed Regional Analysis:
The market in the Americas is expected to dominate the global mitral valve stenosis market. The market growth in this region is majorly attributed to the presence of well-established healthcare sector, rising prevalence of cardiac diseases, increasing preference for minimally invasive surgeries, and growing healthcare expenditure.
Europe is anticipated to hold the second largest position in the global mitral valve stenosis market. The market growth in this region is attributed to the increasing prevalence of heart diseases and rising expenditure for the healthcare sector.
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According to the UK factsheet August 2018 by the British Heart Foundation, there are about 7 million people living with heart and circulatory diseases in the UK. Asia-Pacific mitral valve stenosis market is anticipated to be the fastest growing market. Rising burden of heart diseases, improvement in clinical trial regulations, increasing preference for advanced medical technologies, the rise in medical tourism, and increasing investments in the healthcare sector are anticipated to drive the market growth in this region. The Middle East & Africa has the least market share in the global mitral valve stenosis market.
Some Points from TOC of Mitral Valve Stenosis Market Research Report – Forecast to 2023:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
TOC CONTINUED…
LIST OF TABLES:
Table 1 Global Mitral Valve Stenosis Market Synopsis, 2018–2023
Table 2 Global Mitral Valve Stenosis Market Estimates And Forecast, 2018–2023
(USD Million)
Table 3 Global Mitral Valve Stenosis Market, By Region, 2018–2023 (USD Million)
Table 4 Global Mitral Valve Stenosis Market, By Diagnostic Test, 2018–2023 (USD Million)
Table 5 Global Mitral Valve Stenosis Market, By Material, 2018–2023 (USD Million)
Table 6 North America: Mitral Valve Stenosis Market, By Diagnostic Test, 2018–2023 (USD
Million)
Table 7 North America: Mitral Valve Stenosis Market, By Treatment, 2018–2023 (USD
Million)
Table 8 North America: Mitral Valve Stenosis Market, By End User, 2018–2023 (USD
Million)
Table 9 US: Mitral Valve Stenosis Market, By Diagnostic Test, 2018–2023 (USD Million)
Table 10 US: Mitral Valve Stenosis Market, By Treatment, 2018–2023 (USD Million)
LOT CONTINUED…!
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