Press release
Prosthetic Heart Valves Market is projected to reach USD 8.84 billion by 2025 | – Edwards Lifesciences Corporation, Boston Scientific Corporation, Abbott Laboratories, St. Jude Medical, Medtronic, SYMETIS, LivaNova, CryoLife Inc.
According to Our research report, the prosthetic heart valve market is projected to reach USD 8.84 Billion by 2025 from USD 4.86 Billion in 2018, at a CAGR of 12.7%.
Prosthetic Heart Valves Market Overview:
Prosthetic heart valve refers to a specific cardiac surgery that is aimed at replacing an abnormal heart valve with an artificial heart valve. The replacement of diseased valves with prosthetic heart valves reduces the morbidity and mortality associated with cardiac valve disorders.
Browse details of 117 numbers of pages research report developed on Prosthetic Heart Valves Market @ https://www.researchcosmos.com/reports/global-prosthetic-heart-valves-market-research-report-2018/64339668
Prosthetic Heart Valves Market Growth Demand and Restraints:
The prevalence of chronic heart valve-related disorders such as cardio valvular diseases, and heart failure is increasing by the day. Numerous heart disorders and arterial diseases are coming up which is driving the demand for cardiac prosthetic devices on a global level. The geriatric population suffering from heart valve disease and congenital heart defects drive the need for prosthetic cardiac devices especially. Some of the technologies for prosthetic heart valves are transcatheter valves, anti-calcification technology, and suture-less valves, polymers and carbon-based technologies. Mechanical heart valves are now used in percutaneous implantation and thoracotomy implantation as well. The overall market growth can be attributed to the rising geriatric population and the subsequent increase in the prevalence of HVD, regulatory approvals for new and advanced prosthetic heart valve, increasing government funding for heart valve research, rising awareness about HVD and favourable reimbursement scenario for prosthetic heart valve. Today, non-invasive heart valves are used in exchangeable heart valves and expandable heart valves.
There are multiple alternative options available for treating heart valve diseases such as Medication and heart valve repair. Where on the one hand, medication is used to increase the heart’s ability to pump blood, which helps compensate for the valve which is not working on the other hand, repair of heart valve can be carried out by means of open-heart surgery or minimally invasive methods. Heart valve replacement is used as a last resort usually. However, factors such as ease of implantation, increasing prevalence of aortic stenosis, and growing patient pool is helping this market boom.
Prosthetic Heart Valves Market Regional Analysis:
North America is expected to dominate the prosthetic heart valve market, followed by Europe, Asia-Pacific, and the rest of the world. The large share and high growth in this regional segment can be attributed to factors such as the rapid growth in the aging population and prevalence of valvular heart diseases, favourable reimbursement scenario, and rising product approvals for heart valve. Lack of facilities and an increased need for treatment devices have drawn key players to invest in the Middle Eastern market.
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Prosthetic Heart Valves Market Key Players:
Some of the leading key players are Edwards Lifesciences Corporation, Boston Scientific Corporation, Abbott Laboratories, St. Jude Medical, Medtronic, SYMETIS, LivaNova, CryoLife Inc, Braile Biomedica, Colibri Heart Valve, JenaValve Technology.
Prosthetic Heart Valves Market Segmentation:
By Product
• Mechanical Heart Valves
• Biological/Tissue Heart Valves
• Transcatheter Heart Valves
By Application
• Hospitals
• Ambulatory Surgery Centers
Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and America
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About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world
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www.researchcosmos.com
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