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Prosthetic Heart Valve Devices And Equipment Market Report | Boston Scientific, Edward life sciences, Medtronic, Livanova, Abbott
Prosthetic Heart Valve Devices And Equipment Market Trends
Prosthetic Heart Valve Devices And Equipment Market Size, Growth Rate, And Forecast
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%.
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Prosthetic Heart Valve Devices And Equipment Market Drivers
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.
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Prosthetic Heart Valve Devices And Equipment Market Segments
• 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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Prosthetic Heart Valve Devices And Equipment market.
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Prosthetic Heart Valve Devices And Equipment Market Key Players
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.
The Business Research Company's "Global Prosthetic Heart Valve Devices And Equipment Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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 Analysis
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