Prosthetic Heart Valve Market Statistics, Facts and Figures, Investment Trends, Key Players and Forecast by 2028 |Key Players: Edwards Lifesciences Corporation, Boston Scientific Corporation, St. Jude Medical, Inc., LivaNova PLC

Global Prosthetic Heart Valve Market to Grow Rapidly due to Increasing Application in Healthcare Sector

Over the projected period, the growing prevalence of valve heart disease (VHD) is expected to fuel the growth of the global demand for prothetic heart valves. For example, according to the report,' Epidemiology and Patterns of Aortic Stenosis Mortality in the United States (1999-2016)' reported in March 2019 in the Journal of the American College of Cardiology, aortic stenosis was associated with a mortality rate of 106.3 per 1 million people, led by Hispanics and non-Hispanic blacks, with the highest mortality rate in non-Hispanic whites. In addition, the report observed an increase between cycles in age-adjusted mortality. Growing healthcare investment is also expected to help the market expand. Due to the launch of new technologies into the industry, the cardiac valve market is expected to grow across the estimated horizon. The invention of tissue valves has now revolutionised the prosthetic market for heart valves. Now, with the introduction of minimally invasive and sutureless products, it is anticipated that the industry will gain considerable traction.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Boston Scientific Corporation
2. Edwards Lifesciences Corporation
3. St. Jude Medical Inc.
4. TTK Healthcare Limited
5. LivaNova PLC
6. Jenavalve Technology Inc.
7. Symetis SA
8. CryoLife Inc.

Growth Drivers that Support the Global Prosthetic Heart Valve Market:

• The global demand for prothetic heart valves is classified into three segments: transcatheter, tissue, and mechanical heart valve, depending on type. The transcatheter heart valve segment is projected to hold the largest share in the global market in 2017 and rise in the forecast period at the fastest CAGR (2017 to 2022).
• Factors such as ease of implantation (involving a minimally invasive operation rather than open-heart surgery), increased incidence of aortic stenosis, and an increasing patient pool can be due to the strong share and fast growth of type segment.
• The global demand for prothetic heart valves is dominated by North America, powered by well-developed health care systems, technical developments, growing health care investment, an increasing amount of heart surgeries, and increasing government support in the region.
• In 2017, a total of 34,394 heart valve operations were performed in Germany, according to the German Heart Surgery Report. During the projected period, this is projected to drive the overall growth of the industry. In addition, the incremental move towards minimally invasive surgery, including the removal of transcatheter heart valves, is poised to raise the market.
• Among these countries, the prevalence of heart valve disorders is higher in North America, followed by Europe and Asia-Pacific. Asia Pacific is a developing market and is projected to expand throughout the forecast years at a rapid rate. Improving the health care system and growing the prevalence of chronic diseases in the area can be due to the projected development of the demand for prothetic heart valves in the Asia Pacific.
• Growing population and emerging economies are both the factors driving the growth of the region's demand for prosthetic heart valves during the projected period.

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Companies are Keen to Expand their Foot Print in the Global Market
• Medtronic announced the introduction of Evolut PRO+, a U.S. transcatheter aortic valve replacement (TAVR) system, in September 2019.
• Abbott launched the TRILUMINATE pivotal trial for the assessment of TriClip, a transcatheter tricuspid valve repair to treat tricuspid regurgitation, in September 2019.

Objectives of this report:
• To estimate market size for prosthetic heart valve market on regional and global basis.
• To identify major segments in prosthetic heart valve market and evaluate theirmarket shares and demand.
• To provide a competitive scenario for the prosthetic heart valve market with major developments observed by key companies in the historic years.
• To evaluate key factors governing the dynamics of prosthetic heart valve market with their potential gravity during the forecast period.

Reasons to Buy This Report:
• Provides niche insights for decision about every possible segment helping in strategic decision making process.
• Market size estimation of the prosthetic heart valve market on a regional and global basis.
• A unique research design for market size estimation and forecast.
• Identification of major companies operating in the market with related developments
• Exhaustive scope to cover all the possible segments helping every stakeholder in the prosthetic heart valve market.

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Market Segmentation:
By Type:
• Transcatheter Heart Valve
• Tissue Heart Valve
• Mechanical Heart Valve

By Region:
• North America
o North America, by Country
 US
 Canada
 Mexico
o North America, by Type

• Western Europe
o Western Europe, by Country
 Germany
 UK
 France
 Italy
 Spain
 The Netherlands
 Rest of Western Europe
o Western Europe, by Type

• Asia Pacific
o Asia Pacific, by Country
 China
 India
 Japan
 South Korea
 Australia
 Indonesia
 Rest of Asia Pacific
o Asia Pacific, by Type

• Eastern Europe
o Eastern Europe, by Country
 Russia
 Turkey
 Rest of Eastern Europe
o Eastern Europe, by Type

• Middle East
o Middle East, by Country
 UAE
 Saudi Arabia
 Qatar
 Iran
 Rest of Middle East
o Middle East, by Produc

• Rest of the World
o Rest of the World, by Country
 South America
 Africa
o Rest of the World, by Type

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