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Revenue, Key Players Boston Scientific Corporation (U.S.), Medtronic (Ireland), Edwards Lifesciences Corporation (U.S.) For Global Prosthetic Heart Valve Market is Expected To Reach 12.70% CAGR
Global Prosthetic Heart Valve Market ? Trends and Forecast to 2024
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Global Prosthetic Heart Valve Market Analysis:
The global prosthetic heart valve/ artificial heart valve market accounted to USD 4.53 billion in 2016 growing at a CAGR of 12.70% during the forecast period of 2017 to 2024.e upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Prosthetic Heart Valve Market Definition:
Prosthetic heart valve or an artificial heart valve is implanted in patients who are suffering from valvular heart diseases. It consists of three different types of prosthetic heart valve such as mechanical heart valve, tissue heart valve, mechanical heart valve and transcatheter heart valve. This treatment includes replacement of a natural heart valve with a prosthetic heart valve. Heart valves play an essential part in proper and one-directional blood flow.
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Major Market Drivers and Restraints:
• Increasing geriatric population.
• Rising prevalence and awareness of HVD
• Regulatory approval and growing demand of prosthetic heart valves
• Government support and funding
• Favorable reimbursement scenario
Global Prosthetic Heart Valve Market Segmentation:
On the basis of type, global prosthetic heart valve/ artificial heart valve market is segmented into transcatheter heart valve, tissue heart valve, and mechanical heart valve. Transcatheter heart valves segment is expected to witness the highest market growth in the forecast period (2017-2024) due to use of less invasive techniques, more of technological advancement, increasing number of patients and rising prevalence of aortic stenosis.
On the basis of geography, global prosthetic heart valve/artificial heart valve market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Global Prosthetic Heart Valve Market – Competitive Analysis:
The global prosthetic heart valve/artificial heart valve market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes prosthetic heart valve/ artificial heart valvemarket shares for global, Europe, North America, Asia Pacific, and South America.
Major Market Competitors: Global Prosthetic Heart Valve Market
Some of the major players operating in global prosthetic heart valve/ artificial heart valve market are Boston Scientific Corporation (U.S.), Medtronic (Ireland), Edwards Lifesciences Corporation (U.S.), St. Jude Medical, LLC. (U.S.), Jenavalve Technology, Inc. (Germany), LivaNova PLC (U.K.), CryoLife, Inc. (U.S.), SYMETIS (Switzerland), BraileBiomédica (Brazil), TTK Healthcare (India), Lepu Medical Technology Co., Ltd. (China), Colibri Heart Valve, LLC (U.S.) and Abbott (U.S.), among others.
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Data Bridge Market Researchset forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog: http://databridgemarketresearch.com/blog/
Follow us on LinkedIn: https://www.linkedin.com/company/data-bridge-market-research
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