openPR Logo
Press release

Prosthetic Heart Valve Market Like to Touch $8,392 Mn by 2023

03-05-2020 09:39 AM CET | Health & Medicine

Press release from: Allied Market Research

Prosthetic Heart Valve Market

Prosthetic Heart Valve Market

Prosthetic Heart Valve Market was valued at $3,874 million in 2016, and is expected to reach at $8,392 million by 2023, growing at a CAGR of 11.4% from 2017 to 2023. The transcatheter heart valve segment accounted for more than three-fifths share of the total market in 2016.

Prosthetic heart valves are implanted in patients suffering from valvular heart disease, which results in failure of one or more valves present in the human heart. These patients are treated by replacing a natural heart valve with a prosthetic heart valve.

Download PDF Report Sample with statistical info @ https://www.alliedmarketresearch.com/request-sample/2176

The market is driven by rise in prevalence of cardiac disorders, such as rheumatic heart diseases, increase in geriatric population, and change in lifestyle of people, novel technological advancements in prosthetic heart valves, rise in patient awareness, demand for minimally invasive cardiovascular surgeries, and surge in transcatheter heart valve surgery centers.

However, this growth is limited by high cost, risk associated with prosthetic heart valves, and stringent approval process for prosthetic heart valves. Use of transcatheter heart valves for new indications and emerging markets in Asia-Pacific and LAMEA are expected to provide several opportunities for key players operating in prosthetic heart valve market.

The transcatheter heart valve segment is expected to maintain its dominant position throughout the analysis period, owing to rise in prevalence of aortic stenosis, increase in geriatric population, and new device approvals. In addition, transcatheter heart valve segment is expected to grow at the highest CAGR of 15.0%, owing to increase in adoption rate for transcatheter valve implantation procedures.

Key Findings of the Prosthetic Heart Valve Market
o Based on product type, the transcatheter heart valve segment accounted for more than three-fifths of the total market in 2016.
o Europe accounted for more than half of the transcatheter heart valve market (in terms of value) in 2016, with a CAGR of 13.8%.
o Europe accounted for both, major share (nearly two-fifths) in 2016 (in terms of volume) and highest CAGR of 11.1% (for volume market) from 2017 to 2023, in the global market.
o LAMEA is expected grow at a high CAGR of 11.7% from 2017 to 2023.

Make an Enquiry for Purchase Report @ https://www.alliedmarketresearch.com/purchase-enquiry/2176

Europe accounted for majority of the share (nearly half) in the market in 2016, and is expected to remain dominant throughout the forecast period, owing to increased adoption of prosthetic valves, enhanced technological advancements, and development of novel products by the key players. In addition, increase in prevalence of aortic stenosis, rise in awareness among patients & physicians about the availability of advanced prosthetic valves, and advanced healthcare infrastructure fuel the market growth.

Moreover, rise in awareness for availability of prosthetic valves and procedures in certain European nations are the key factors that have increased the adoption of advanced prosthetic valves in the region.

The major companies profiled in the report include Abbott Laboratories, Medtronic plc., Medical Technology Est., Boston Scientific Corporation; Micro Interventional Devices, Inc., Direct Flow medical, Inc., Edwards Lifesciences Corporation, LivaNova PLC., JenaValve Technology, Inc., and Cryolife, Inc.

Contact: David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975

help@alliedmarketresearch.com

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Prosthetic Heart Valve Market Like to Touch $8,392 Mn by 2023 here

News-ID: 1955736 • Views: 241

More Releases from Allied Market Research

LiDAR Market 2020-2027: Emerging Trends, Market Share, Top Impacting Factors and …
Allied Market Research published an exclusive report, titled, “LiDAR Market By Type (Terrestrial, Aerial, Mobile, and Short Range), Component (LASER, Inertial Navigation System, Camera, GPS GNSS Receiver, and MEMS), Application (Corridor Mapping, Seismology, Exploration & Detection, and Others), and End User (Defense & Aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining, and Transportation): Global Opportunity Analysis and Industry Forecast, 2020-2027”. The LiDAR market report offers an in-depth analysis of every crucial
Hybrid-Electric Vehicle Insulation Market Technological Innovation, Trends & Top …
Hybrid electric vehicle insulation is used to shield the vehicle from heating, sound & vibrations, and provide a convenient drive to the passengers. Insulators help in controlling the in-vehicle temperature to obtain a comfortable cabin climate. Overheating in hybrid electric vehicles could majorly impact the battery pack and may lead to degradation of the engine performance. Furthermore, the noise & vibrations develop an adverse ambience inside the vehicle. However, vehicle
Passenger Car Adhesives Market Analysis, Key Players, Challenges, Segmentation …
Adhesives are the most versatile bonding components used by automakers to make cars lighter and tougher. It can be found naturally or can be synthetically produced. But the adhesives that are currently utilized in the automotive industry are mostly synthetic in nature, which are used to bind metals, composites, plastic, and other materials. Adhesives are increasingly being used in the automotive industry for binding numerous vehicle components, such as in
Early Toxicity Testing Market Industry Analysis and Forecast (2020-2025) – by …
The global Early Toxicity Testing Market was pegged at $614 million in 2015 and is projected to reach $1,012 million by 2022, registering a CAGR of 7.3% during the period 2016–2022. The report analyzes the leading market players including Thermo Fisher Scientific Inc., Agilent Technologies Inc., Merck & Co., Inc., Becton, Danaher Corporation, The Jackson Laboratory, Bio-Rad Laboratories, Inc., Quest Diagnostics Incorporation, Charles River Laboratories International Incorporation, Dickinson And Company, and

All 5 Releases


More Releases for Prosthetic

Global Prosthetic Liners Market Growth 2019-2024
The prosthetic liner acts as a sort of "second skin" between the movable soft tissue of the residual limb (muscles, tissue, skin) and the hard shell of the socket. This reduces movement and friction between the skin and prosthetic socket and therefore reduces the forces in the socket described earlier. The prosthetic liner connects your residual limb to the prosthetic, cushioning the sensitive skin on the residual limb and thereby
Prosthetic Heart Valve Market – Latest Developments
Prosthetic Heart Valve Market report 2018-2026 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Prosthetic Heart Valve market research report is a professional and in-depth study on the current state of Prosthetic Heart Valve Industry. The Prosthetic Heart Valve Market research report covers the present scenario and
Prosthetic Liners Market - Global Strategic Business Report
The prosthetic liner is a protective cover worn over a residual limb. It is made from a flexible cushioning material, which reduces chafing and movement between the socket and the skin. Liners are the best available means of reducing bone pressure, preventing skin abrasions in the prosthesis, and improving socket suspension for amputees. Modern day liners are equipped with special features such as antibacterial shields and additives, anatomical shaping, textile
Global Prosthetic Foot Sales Market Report 2017
Report Hive Market Research Released a New Research Report of 101 pages on Title " Global Prosthetic Foot Sales Market Report 2017 "with detailed Analysis, Forecast and Strategies. In this report, the global Prosthetic Foot market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global
Prosthetic Legs Market
Artificial devices used to replace missing limbs lost due to birth defect or amputation are called prosthetics.Aprt from birth defects, various medical conditions such as circulation problems, traumatic injuries, cancer, and diabetes can lead to amputation of limbs. The prosthetic leg helps carry out the basic functions of supporting the body and helps the person with body movement to perform daily activities. Due to the technological advancements, more comfortable and functional
Prosthetic Legs Market
Artificial devices used to replace missing limbs lost due to birth defect or amputation are called prosthetics.Aprt from birth defects, various medical conditions such as circulation problems, traumatic injuries, cancer, and diabetes can lead to amputation of limbs. The prosthetic leg helps carry out the basic functions of supporting the body and helps the person with body movement to perform daily activities. Due to the technological advancements, more comfortable and functional