Global Heart Valve Repair and Replacement Market is Expected to Grow at 10.6% in the Forecast Period of 2021 to 2028

Global Valve Repair and Replacement market is growing due to rise in valvular heart diseases as there is high prevalence of cardiovascular diseases is driving the growth of the market. Technological advancement in the field and rising collaborations among players are also propelling the growth of the global valve repair and replacement market.

However, dearth of skilled professionals may hamper the growth of the market.

Global Heart Valve Repair and Replacement Market Scenario

According to Data Bridge Market Research, the market for heart valve repair and replacement in Asia-Pacific region has the highest market share. Market leader is Abbott which accounts an estimated market share of approximately 50.34%. The company has gained outstanding sale through providing heart valve repair and replacement devices. For instance,

  • In December 2020, Abbott launched a minimally-invasive heart valve repair device in India to treat mitral regurgitation. It will help restore the heart’s ability to pump oxygenated blood more efficiently and help improve the company’s revenue.

Heart Valve Repair and Replacement Market Trends Impacting the Market

Now the question is which other regions Abbott, Edwards Lifesciences Corporation, LivaNova and Biotronik are targeting? Data Bridge Market Research has estimated a large growth in North America minimally invasive surgery market and the market leaders are targeting U.S., Canada and Mexico to be their next revenue pockets for 2021.

The heart valve repair and replacement market is becoming more competitive with companies such as Abbott, Edwards Lifesciences Corporation, LivaNova and Biotronik as they are the top dominating companies in heart valve repair and replacement market having maximum number of products. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global heart valve repair and replacement market.   

For more analysis on the heart valve repair and replacement market, request for a briefing with our analysts https://www.databridgemarketresearch.com/reports/global-heart-valve-repair-and-replacement-market

Global Heart Valve Repair and Replacement Market Development 2021

  • In May 2021, Medtronic announced that it had received CE mark for its Evolut Pro+ TAVI system. The system includes four valve sizes with external pericardial tissue wrap, which provides advanced sealing for the annular range and helps the company to improve its revenue.

Scope of the Global Heart Valve Repair and Replacement Surgery Market

All country based analysis of global heart valve repair and replacement market is further analyzed based on further segmentation. On the basis of product, the heart valve repair and replacement market is segmented into surgical heart valves replacement, surgical heart valves repair, TAVI / TAVR valves, grafts, patches, medication and others. On the basis of procedure, the heart valve repair and replacement market is segmented into surgical procedure and non-surgical procedure. On the basis of indication, the heart valve repair and replacement market is segmented into valvular stenosis, valvular insufficiency, mitral valve prolapse and others. On the basis of end user, the heart valve repair and replacement market is segmented into hospital, speciality centres, cardiac catheterization lab, ambulatory surgical centres and others. On the basis of distribution channel, the heart valve repair and replacement market is segmented into direct tender, retail sales and others.

To know more about the study https://www.databridgemarketresearch.com/reports/global-heart-valve-repair-and-replacement-market

Key Pointers Covered in Global Heart Valve Repair and Replacement Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries

Key Market Competitors Covered in the Report

The key market players for global heart valve repair and replacement market are listed below:

  • Abbott
  • Medtronic
  • LivaNova PLC
  • NeoChord, Inc.
  • Meril Life Sciences Pvt. Ltd.
  • Micro Interventional Devices, Inc.
  • MVRx, Inc.
  • MeKo Laser Material Processing
  • Foldax, Inc.
  • Comed B.V.
  • Neovasc Inc.
  • Colibri Heart Valve
  • HLT, Inc.
  • CardiaMed
  • XELTIS
  • JenaValve Technology, Inc.
  • Edwards Lifescinces Corporation
  • BIOTRONIK SE & Co. KG

Above are the key players covered in the report, to know about more and exhaustive list of global heart valve repair and replacement market companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-heart-valve-repair-and-replacement-market

Research Methodology: Global Heart Valve Repair and Replacement Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Clinicians, Healthcare Professionals, Researchers, Academician.
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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