Press release
Global Prosthetic Heart Valve Devices And Equipment Market Demands, Trends Top Manufactures, Industry Growth Analysis and Forecast to 2032 | Boston Scientific, Edward life sciences, Medtronic, Livanova, Abbott
As per the Propylene-Petrochemicals market report by The Business Research Company, the rising prevalence of valvular heart disease has driven the need for transcatheter aortic valve replacement (TAVR) procedures, thus driving the prosthetic heart valve devices and equipment market. TAVR is a minimally-invasive surgical procedure done to cure aortic stenosis which is a valvular heart disease that affects the aortic valve of the heart. Aortic stenosis affects the aortic valve by hardening it, thus not allowing blood to properly flow through it and TAVR is used to replace this defective aortic valve with a transcatheter valve.The global prosthetic heart valve devices and equipment market size will grow from $5.04 billion in 2022 to $5.5 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The prosthetic heart valve devices and equipment market size is expected to grow to $7.41 billion in 2027 at a CAGR of 7.7%.
Read More On The Prosthetic Heart Valve Devices And Equipment Market Report Here:
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Major competitors in the Prosthetic Heart Valve Devices And Equipment market include Boston Scientific, Edward life sciences, Medtronic, Livanova, Abbott, Jenavalve technology, Lepu medical, Cryolife, Neovasc Inc., and St. Jude medical.
The Prosthetic Heart Valve Devices And Equipment market is segmented -
• By Type: Transcatheter Heart Valve, Tissue Heart Valve, Mechanical Heart Valve
• By Application: Hospitals, Ambulatory Surgery Centres
• By Product Type: Repair Products, Mitral Valve Repair Devices, Tricuspid Valve Repair Devices
• By Technology: Biological Valve, Decellularized Valve. North America was the largest region in global prosthetic heart valve devices and equipment market in 2022
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Prosthetic heart valve devices and equipment are artificial heart valves that are implanted in the heart of a patient with valvular heart disease.
The main types of prosthetic heart valve devices and equipment are transcatheter heart valve, tissue heart valve, and mechanical heart valve. Transcatheter aortic valve replacement is an invasive heart procedure to replace a thickened aortic valve that will not fully open. The product types are repair products, mitral valve repair devices, and tricuspid valve repair devices.
The Table Of Content For The Prosthetic Heart Valve Devices And Equipment Market Include:
1. Executive Summary
2. Prosthetic Heart Valve Devices And Equipment Market Characteristics
3. Prosthetic Heart Valve Devices And Equipment Market Trends And Strategies
4. Prosthetic Heart Valve Devices And Equipment Market Trends - Macro Economic Scenario
5. Prosthetic Heart Valve Devices And Equipment Market Size And Growth
……
26. Africa Prosthetic Heart Valve Devices And Equipment Market
27. Prosthetic Heart Valve Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Prosthetic Heart Valve Devices And Equipment Market
29. Prosthetic Heart Valve Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix
The "Global Prosthetic Heart Valve Devices And Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion
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