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Market Insight : Heart Valves Market Globally Grow at a CAGR of 14.28% by Revenue During the Forecast Period 2017-2020

04-28-2017 04:21 PM CET | Health & Medicine

Press release from: Heart Valves

ALBANY, NY, April 28, 2017 : Heart valves are prosthetic cardiovascular medical devices used to replace a defective heart valve. They can be biological, tissue or mechanical. Manufacturers develop mechanical heart valves from synthetic materials such as pyrolytic carbon, titanium alloy, and cobalt-based alloys and tissue heart valves from bovine, porcine, and human tissues. They also develop transcatheter heart valves with a combination of tissue and synthetic materials. Devices developed using human tissues are known as allografts or homografts. Medical personnel implant transcatheter heart valves through the transfemoral approach (via the femoral artery) and transapical approach (via a small chest incision). Medical facilities worldwide perform about 300,000 heart valve replacement procedures each year.

Technavios analysts forecast the global heart valves market to grow at a CAGR of 14.28% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global heart valves market for 2016-2020. To calculate the market size, we consider revenue generated from the sales of prosthetic heart valve products such as:
Mechanical heart valves: Caged ball, tilting disc, and bileaflet valves
Tissue heart valves: Stented and stentless tissue valves
Transcatheter heart valves: Transcatheter aortic valve replacement (TAVR) and transcatheter mitral valve replacement (TMVR) devices

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Heart Valves Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Edwards Lifesciences
LivaNova
Medtronic
St. Jude Medical

Other prominent vendors
Abbott Laboratories
Braile Biomedica
Cardious
Colibri Heart Valve
corlife OHG
JenaValve Technology
Lepu Medical Technology (Beijing)
Meril Life Sciences
Neovasc
ON-X Life Technologies
Pulmonx
Roskardioinvest
SYMETIS

Market driver
Implementation of minimally invasive procedures
For a full, detailed list, view our report

Market trend
Use of stentless tissue valves
For a full, detailed list, view our report

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=741756

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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