openPR Logo
Press release

COVID-19 Impact on Structural Heart Devices Market Size to hit $12.07 billion by 2022, at CAGR of 10.5% With Top Companies Medical Technology Est., Boston Scientific Corporation

07-30-2020 02:50 PM CET | Health & Medicine

Press release from: Allied Market Research

Structural Heart Devices Market

Structural Heart Devices Market

UPDATE AVAILABLE ON-DEMAND

The global structural heart devices market was valued at $6,006 million in 2015, and is expected to reach $12,076 million by 2022, supported by a CAGR of 10.5% during the forecast period 2016-2022.

Global Structural Heart Devices Market Report provides an overview of the market based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2019-2026). This report covers the impact of the latest COVID-19 on the market. The coronavirus epidemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly changing market scenarios and their impact are covered in the report.

Click Here To Access Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/1768

The structural heart repair devices segment held nearly half of the total market share in 2015, and is expected to dominate during the forecast period.

Rise in incidence of aortic stenosis, introduction of technologically advanced products (such as the Trifecta valve with Glide Technology), and increase in awareness about the benefits and availability of structural heart devices worldwide are major factors that drive the market growth. In addition, increase in number of application areas for repair and replacement devices coupled with its rise in adoption of annuloplasty rings and tissue valves is expected to further fuel this growth. However, stringent approval process and high cost of surgeries restrict the market growth.

Tissue heart valves is expected to maintain its dominant position throughout the analysis period, due to its significant property of low requirement of anticoagulants, which reduces incidence of bleeding and thereby lowers the usage of anticoagulant by the patient.

The occluders segment accounted for two-fifths of the overall structural heart repair devices market in 2015, owing to its benefits in the treatment of congenital heart diseases and high adoption rate. In addition, annuloplasty ring is projected to register the highest CAGR of 13.3% during the forecast period.

Asia-Pacific is the fastest growing region in the structural heart devices market, and is expected to continue this trend due to increase in healthcare infrastructural development, specifically in China, India, and other developing economies, and rise in structural heart defects.

For Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1768

Structural heart devices are used to treat heart valves defects as well as acquired valvar abnormalities. The market for structural heart devices is growing at a rapid pace, providing an opportunity for key players to enter this market. For instance, in May 2016, Johnson & Johnson announced that will enter structural heart devices market due to the high growth potential.

The Major Key Players Are:

Medtronic plc; St. Jude Medical, Inc., Braile Biomedica; Medical Technology Est., Boston Scientific Corporation, Micro Interventional Devices, Inc., Edwards Lifesciences Corporation, LivaNova PLC, JenaValve Technology, Inc., and Cryolife, Inc.

Key Findings of Structural Heart Devices Market:

• Annuloplasty ring is projected to grow at the highest growth rate during the analysis period.
• North America dominated the global structural heart devices market, accounting for one-third of the overall market in 2015, owing to the increase in prevalence of structural heart diseases.
• Aortic valve stenosis indication occupied more than one-third of the total market in 2015.
• Adult age group segment is expected to grow at the highest rate of 11.1%.
• China occupied one-fifth of the total Asia-Pacific structural heart devices market in 2015.

Access Full Report @ https://www.alliedmarketresearch.com/structural-heart-devices-market

Contact:

David Correa
Portland, OR, 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
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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 COVID-19 Impact on Structural Heart Devices Market Size to hit $12.07 billion by 2022, at CAGR of 10.5% With Top Companies Medical Technology Est., Boston Scientific Corporation here

News-ID: 2099872 • Views: 354

More Releases from Allied Market Research

Micro-Location Technology Market by Component (Hardware, Software, and services) …
Micro-location technology is used for identifying the in-house location of any object, people, or any other equipment. To track the location, micro-location technology uses various communication technologies such as Near Field Communication (NFC), Bluetooth, Beacon, WIFI, among others. Due to its enhanced functionality of determining the location more accurately, it has been adopted by many industries such as automotive, healthcare, education, and others. Micro-location technology is specially used for
Analog-to-Digital Converters Market to See Huge Growth Over 2020-2030
Allied Market Research published a new report, titled, “Analog-to-Digital Converters Market by Product (Ramp ADC, Integrating ADC, Successive Approximation ADC, Delta-sigma ADC, and Others (Pipelined/Flash ADC)), and Application (Consumer Electronics and Industrial) - Global Opportunity Analysis and Industry Forecast,, 2020-2030.” The research report provides a detailed analysis of the major market players, driving factors, challenges, opportunities, and estimations of the market from the period 2020 to 2030. Moreover, the report includes
VCSEL Market Scope in Data Communication Over 2020-2030 | Size, Share, Trends, C …
Allied Market Research published a new report, titled, “VCSEL Market by Type (Single-Mode and Multimode VCSEL), and by Application (Data Communications, Infrared Illumination, Sensing, Pumping, GPS, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2030.” The research report provides a detailed analysis of the major market players, driving factors, challenges, opportunities, and estimations of the market from the period 2020 to 2030. Moreover, the report includes a comprehensive analysis of
Memory Chip Market to undergo Substantial Growth Over 2020-2030 | Top Impacting …
Allied Market Research published a new report, titled, “Memory Chip Market by Type (Volatile (DRAM and SRAM) and Nonvolatile (PROM, EEPROM, NAND Flash, and Others)) and Application (Laptop/PCs, Camera, Smartphone, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2030.” The research report provides a detailed analysis of the major market players, driving factors, challenges, opportunities, and estimations of the market from the period 2020 to 2030. Moreover, the report includes

All 5 Releases


More Releases for Structural

Global Structural Health Monitoring Market
Global Structural Health Monitoring Market – Vertical Analysis and Forecast (2018-2026) – By Technology, Component, Vertical and Region. Global Structural Health Monitoring Market size was valued at US$ 1.24 Bn in 2017 and is expected to reach US$ 4.73 Bn by 2026 to exhibit a CAGR of 18.24 % during the forecast period. Global Structural Health Monitoring market growth is driven by high capital investments for structural health monitoring across several countries,
Data Loggers For Structural Health Monitoring
Collecting Data To Improve & Maintain Designs One of the main challenges for structural engineers is to not only assure the safety of critical structures but also to maintain and improve them. Data loggers play a crucial role in collecting data for Structural Health Monitoring, enabling engineers and scientists to validate their designs with the deployment of sensors for long-term testing and monitoring. In this process, real-world data is acquired, recorded
Structural Sealants Market: Global Snapshot by 2023
Synopsis of Structural Sealants Market Structural sealants are high performance sealants used to block the passage of fluids flowing in between the structures. The most common application of these sealants is in various high strength materials as an alternative to fasteners. According to the type of resins, various structural sealants are available in the market such as silicone, polyurethane, acrylic, polysulfide, and others. Silicone structural sealants is a prominent segment accounting
Global Composite Structural Repairs Market Highlights 2022
Qyresearchreports include new market research report "Global Composite Structural Repairs Market Size,Status and Forecast 2025" to its huge collection of research reports. The global market for Composite Structural Repairs has been witnessing a transitional phase. With a highlight on these changes, this research study presents an in-depth analysis of the worldwide Composite Structural Repairs market during the period from 2018 to 2023. The market report provides a comprehensive picture of the latest
Structural Steel Pipe
Structural steel is a category of steel used as a construction material for making structural steel shapes. A structural steel shape is a profile, formed with a specific cross section and following certain standards for chemical composition and mechanical properties. Structural steel shapes, sizes, composition, strengths, storage practices, etc., are regulated by standards in most industrialized countries. Scope of the Report: This report focuses on the Structural Steel Pipe in Asia-Pacific market,
Structural Focus Receives Honors for Innovative Structural Engineering Design
Los Angeles-area, CA, June 13, 2017 — At last week’s 2017 SEAOSC Excellence in Structural Engineering Awards dinner, Structural Focus received an Award of Excellence in the Seismic Retrofit - Small Project category for the renovation of KTLA Channel 5. To house KTLA Channel 5, Sunset Bronson Studios - Stage 6 went through a major upgrade designed by Bastien and Associates and Structural Focus. The 75-year-old building presented unique challenges