Prosthetic Heart Valve Market to Witness High Demand Due to Increasing Cases of Valvular Heart Disease

Prosthetic Heart Valve Market is forecasted to grow at 9.10% for 2018 to 2025 to an estimated value of USD 8,392 million by 2025 with factors such as high price of the transcatheter aortic valve replacement (TAVR) procedures and availability of substitute methods in the market.

Prosthetic heart valve market has shown a significant adoption rate and preferences from the North American region with countries such as U.S. and Canada. Rising cases of valvular heart diseases and favorable reimbursement policies is expected to enhance the demand for prosthetic heart valve in the region.

Prosthetic Heart Valve Market Scenario

According to Data Bridge Market Research the prosthetic heart valve market in developing regions is witnessing a growth in terms of its adoption rate, due to rising government investment for prosthetic heart valve, increasing awareness about heart valve diseases, and regulatory approvals for advanced prosthetics heart valve.

Now the question is which are the regions that prosthetic heart valve market players should target? Data Bridge Market Research has forecasted market leaders to target North American developing regions to help them in attaining better volume of revenue generation.

Prosthetic heart valve market is becoming more competitive every year with transcatheter valve currently being the largest market type for the forecasted period of 2018 to 2025. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the prosthetic heart valve market.

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Prosthetic Heart Valve Market Development

Abbott announced the launch of TRILUMINATE Pivotal trial in September 2019 which is designed to examine the efficacy and safety of the TriClip transcatheter tricuspid valve repair system for treating acute tricuspid regurgitation. This will help the patients to improve their quality of life and treat patients with minimally invasive approach.

Scope of the Prosthetic Heart Valve Market

Prosthetics heart valve market on the basis of countries is segmented into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa.

  • All country based analysis of prosthetic heart valve market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into trans-catheter heart valve, tissue heart valve, and mechanical valve.
  • Prosthetic heart valve is a device which is specially designed for the heart patients so it can remove a heart valve that is not functioning properly. Some of the common types of the prosthetic heart valve are tissue heart valve, mechanical valve, transcatheter valve and other. They are mainly used when any condition damage the heart valve and they are not fixed. This is achieved during an open-heart surgery called the replacement of the heart valve.

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Key Pointers Covered in the Prosthetics Heart Valve Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Abbott
  • Medtronic
  • Medical Technology Est.
  • Boston Scientific Corporation
  • Micro Interventional Devices, Inc.
  • Medical Circle
  • Edwards Lifesciences Corporation,
  • LivaNova PLC
  • JenaValve Technology, Inc.
  • Cryolife, Inc
  • TTK HealthCare
  • Lepu Medical Technology (Beijing) Co., Ltd.
  • Braile Biomédica
  • SYMETIS, Medtronic
  • Commonwealth Edison Company
  • Labcor Laboratórios Ltda.
  • Braile Biomédica
  • Colibri Heart Valve
  • Cardiac Dimensions Inc
  • Cardiosolutions, Inc.
  • Leman Cardiovascular
  • Medtentia AB
  • MitralSolutions, Inc
  • On-X Life Technologies, Inc
  • Sadra Medical, Inc.
  • Sorin S.p.A.

Above are the key players covered in the report, to know about more and exhaustive list of prosthetic heart valve companies, contact us

Research Methodology: Global Prosthetics Heart Valve 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.

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