Structural Heart Devices Market Emerging Growth by Edwards Lifesciences Corporation, Medtronic, Livanova, Boston Scientific Corporation, Abbott, Lepu Medical Technology, Micro Interventional Devices, Braile Biomédica, Cryolife, TTK Healthcare (A TTK Grou
Structural heart devices market is expected to observe a considerable rate of growth in coming years, as the prevalence of mitral valvular disease is increasing at greater pace. The factors responsible for the rise in mitral valve diseases is due to the increasing rate of high blood pressure and geriatric population as well. These factors are increasing the prevalence of mitral valve diseases. Thus, supporting the growth of the market.
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Hospitals as an end use is estimated to have considerable amount of market share. The growth is attributed to availability of technological advanced healthcare facilities. Increase in demand for technologically advance invasive procedures for efficient treatment of several cardiac ailments will augment the growth of structural heart devices market.
U.S. structural heart devices market is estimated to hold majority market share owing to continuous development of innovative technology. U.S. has focused on improving the reimbursement policies covering different types of cardiac treatments, thus augmenting the market demand. Additionally, awareness rate among the population of U.S. regarding medical treatment solutions are extremely high. Hence, recent technological advancements, favorable reimbursement policies and growing prevalence of chronic diseases will significantly drive the structural heart devices market in the country.
Structural heart devices market will observe a substantial growth in China during the forecast period. Rise in healthcare expenditure, growing awareness regarding the applications of structural heart devices and high rate of patients affected with coronary heart diseases will augment the business growth.
Major industry players such as, Edwards Lifesciences Corporation, Medtronic, Abbott, Boston Scientific Corporation, Livanova, Lepu Medical Technology, Cryolife, Micro Interventional Devices, Braile Biomédica and TTK Healthcare (A TTK Group Company) focuses mostly on strategic alliances, approvals and product launches as their primary market expansion strategies.
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Structural Heart Devices Market, By Product
• Repair Devices
o Annuloplasty Rings
o Heart Valve Balloons
o Transcatheter Mitral Valve Repair
• Replacement Devices
o Transcatheter heart valve replacement
• Transcatheter aortic valve
• Transcatheter mitral valve
• Transcatheter pulmonary valve
o Surgical heart valve replacement
• Tissue/Bioprosthetic heart valve
• Stented tissue heart valve
• Stentless tissue heart valve
• Sutureless tissue heart valve
• Mechanical heart valve
Structural Heart Devices Market, By Patient
Structural Heart Devices Market, By Disease Indication
• Atrial Septal Defects (ASD)
• Ventricular Septal Defects (VSD)
• Aortic Valvular Diseases
• Mitral Valvular Disease
• Pulmonary Valvular Disease
• Patent Ductus Arteriosus (PDA)
• Patent Foramen Ovale
Structural Heart Devices Market, By End-use
• Ambulatory Surgical Centers
• Cardiac Centers
The above information is provided for the following regions and countries:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
• Saudi Arabia
• South Africa
• Edwards Lifesciences Corporation
• Boston Scientific Corporation
• Lepu Medical Technology
• Micro Interventional Devices
• Braile Biomédica
• TTK Healthcare (A TTK Group Company)
Corporate Sales, USA
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