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Advances Prosthetic heart valve market - Transforming the Future of Cardiac Surgery

08-14-2024 12:32 PM CET | Health & Medicine

Press release from: Allied Market Research

Prosthetic Heart Valve Market Research, 2035

Prosthetic Heart Valve Market Research, 2035

๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ซ๐จ๐ฌ๐ญ๐ก๐ž๐ญ๐ข๐œ ๐‡๐ž๐š๐ซ๐ญ ๐•๐š๐ฅ๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

The prosthetic heart valve market was valued at $8.6 billion in 2023 and is projected to reach $30.3 billion by 2035, growing at a compound annual growth rate (CAGR) of 11.1% from 2024 to 2035. This growth is fueled by several key factors, including the rising prevalence of heart diseases and an aging global population. The sector is witnessing transformative innovations such as transcatheter heart valves and bioresorbable implants. These advancements are reshaping treatment paradigms by offering minimally invasive procedures that result in better patient outcomes. Furthermore, breakthroughs in materials science and surgical methods are advancing cardiac care and contributing to increased patient lifespans.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/2176

In the rapidly advancing field of cardiovascular medicine, the prosthetic heart valve sector stands at the forefront, offering groundbreaking and life-saving technologies. Through advancements in medical science and engineering, prosthetic heart valves have emerged as pivotal treatment solutions for individuals suffering from heart valve diseases. These devices, which include both mechanical valves and bioprosthetics made from tissue, are designed to mimic the natural function of heart valves, thereby enhancing blood flow and significantly improving the quality of life for patients.

๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ซ๐จ๐ฌ๐ญ๐ก๐ž๐ญ๐ข๐œ ๐‡๐ž๐š๐ซ๐ญ ๐•๐š๐ฅ๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

The growth of the prosthetic heart valve market is fueled by several key factors, including the rising prevalence of heart diseases and an aging global population. The sector is witnessing transformative innovations such as transcatheter heart valves and bioresorbable implants. These advancements are reshaping treatment paradigms by offering minimally invasive procedures that result in better patient outcomes. Furthermore, breakthroughs in materials science and surgical methods are advancing cardiac care and contributing to increased patient lifespans.

๐๐ข๐จ๐ฉ๐ซ๐จ๐ฌ๐ญ๐ก๐ž๐ญ๐ข๐œ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ: ๐€ ๐๐ซ๐ž๐Ÿ๐ž๐ซ๐ซ๐ž๐ ๐‚๐ก๐จ๐ข๐œ๐ž

Bioprosthetic valves are increasingly favored in cardiac surgery due to their significant advantages over mechanical valves. Constructed from biological tissues like porcine, bovine, or human donor valves, bioprosthetic valves present a reduced risk of thrombosis compared to their mechanical counterparts. This advantage often eliminates the need for lifelong anticoagulation therapy, making them an ideal choice for geriatric patients and those with a higher risk of bleeding.

Technological advancements have further enhanced the durability and performance of bioprosthetic valves, bolstering their popularity among both surgeons and patients. For instance, innovations in tissue processing and valve design have extended the lifespan of these valves, with some now lasting over 15 years. Additionally, the shift towards minimally invasive surgical techniques has streamlined the implantation process, resulting in shorter recovery times and fewer complications.

Leading manufacturers like Edwards Lifesciences and Medtronic are at the forefront of enhancing bioprosthetic valve durability and improving patient outcomes through continuous innovation. The growing preference for bioprosthetic valves reflects a broader trend towards personalized healthcare and improved post-surgical quality of life, driving their widespread adoption in cardiac treatment globally.

Edwards' EVOQUE Valve Replacement System: A Landmark Approval
On February 2, 2024, Edwards Lifesciences Corporation achieved a significant milestone with FDA approval for its EVOQUE tricuspid valve replacement system. This approval marks the first transcatheter therapy in the U.S. for patients with severe tricuspid regurgitation (TR) who are unresponsive to optimal medical treatment. Daveen Chopra, Corporate VP of Transcatheter Mitral and Tricuspid Therapies, expressed gratitude for the collaboration with global clinicians and the FDA's innovative approval process. The EVOQUE system, equipped with an intra-annular sealing skirt, nitinol self-expanding frame, and bovine pericardial tissue leaflets, is available in three sizes for transfemoral delivery.

Dr. Susheel Kodali, the lead researcher for the TRISCEND II Study, highlighted the EVOQUE system's significant reduction in TR, enhancing quality of life and increasing favorable safety outcomes. In October 2023, the EVOQUE system became the world's first transcatheter valve replacement therapy (TVRT) for TR to receive CE Mark approval, showcasing Edwards' commitment to advancing treatments for structural heart disease.

Strategic Expansion in the Chinese Market: JenaValve and Peijia Medical
On January 18, 2022, JenaValve Technology, Inc. announced a strategic alliance with Peijia Medical Limited, granting Peijia exclusive rights to develop and commercialize JenaValve's Trilogy TAVR system in Greater China. This partnership involves a financial investment from Peijia, supporting JenaValve's U.S. clinical trials and European expansion.

JenaValve, headquartered in Irvine, California, with offices in Munich, has received CE Mark approval for its Trilogy system, designed for treating severe aortic regurgitation (AR) and stenosis (AS). In the United States, Trilogy is under investigational use in the ALIGN-AR clinical trial.

Peijia, a company based in Suzhou, China, introduced its TaurusOne system in 2021 to enter the TAVR market, followed by the TaurusElite and TaurusNXT devices. John Kilcoyne, CEO of JenaValve, showed enthusiasm for introducing their technology in China. Additionally, Yi Zhang, CEO of Peijia, highlighted the partnership's potential to offer new treatment options for AR patients in China, reinforcing Peijia's leadership in the structural heart field.

The rapid evolution of prosthetic heart valve technologies, such as bioprosthetics and transcatheter systems like Edwards' EVOQUE, demonstrates significant advancements in cardiac care. These innovative technologies offer enhanced patient outcomes and represent a notable shift toward personalized, minimally invasive treatments, shaping the future of cardiovascular care worldwide.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/2176

A prosthetic heart valve is a medical device used in cardiac surgery to replace damaged natural heart valves. It includes mechanical valves and bioprosthetic materials derived from biological tissues, providing improved blood circulation and quality of life for patients. Advancements like transcatheter systems have enhanced treatment options in this field.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž: https://www.alliedmarketresearch.com/prosthetic-heart-valve-market

Pawan CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. 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 domain.

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