Global Artificial Heart Valve Market – Technologies, Market Share and Industry Forecast to 2024: Huge Growth Opportunity in Emerging Economies – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
Artificial Heart Valve Market- Technologies, Market share and Industry
Forecast to 2024”
report has been added to ResearchAndMarkets.com’s
offering.

Global artificial heart valve market is expected to rise with the CAGR
of about 12% during the forecast period.

Emergence of MRI-conditional heart valves is the one of the key trend of
the market. Key drivers fueling growth in the global market for
artificial heart valve market are increasing geriatric population and
rise in prevalence of heart valve diseases. With rise in the number of
heart patients, artificial heart valve device demand is expected to
propel its implantation in the heart patient.

The rise in the number of heart disease patient base is expected to
highly boost the adoption of artificial heart valve for the implantation
in the heart patients.

Rising number of vascular disorders is expected to boost the demand of
artificial heart valve market in the forecast period and expected to
offer lucrative growth to the global artificial heart valve market
globally.

In addition, increasing government funding for heart valve research,
rising awareness about heart valve diseases, regulatory approvals for
new and advanced prosthetic heart valves, and favorable reimbursement
scenario are also adding growth in the market.

However, high cost and risk associated with Transcatheter Aortic Valve
Replacement (TAVR) procedures and strict approval process are hindering
the market growth.

Rising demand for minimally invasive surgery is the growth promoter of
the market. This increasing adoption of minimally-invasive cardiac
surgery is adding growth in the global artificial heart valve market.

Transcatheter heart valves are widely adopted in the minimally invasive
heart surgeries. Increasing preference for the minimally invasive
surgeries is highly boosting the market. Transcatheter heart valve
segment is expected to boost the market as they are widely adopted in
the minimally-invasive heart surgeries.

Market Dynamics

Drivers

  • Rising Geriatric Population and Life Expectancy Rate
  • Favourable Compensation and Regulatory Approvals
  • Growing Government Investment for Heart Valve Research and Analysis
  • Growing Prevalence of Heart Diseases

Restraints

  • High Cost and Risk Associated With Replacement Procedures
  • Stringent Regulatory Approval Process

Opportunities

  • Strong Product Pipeline
  • Huge Growth Opportunity in Emerging Economies

Challenges

  • Availability of Alternative Methods

Key Topics Covered

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographic Analysis

7. Company Profiles

  • Boston Scientific Corporation (U.S.)
  • Braile Biomedica (Brazil)
  • Colibri Heart Valve LLC (U.S.)
  • Cryolife Inc. (U.S.)
  • Edwards Lifesciences Corporation (U.S.)
  • Heart Leaflet Technology (U.S.)
  • Jenavalve Technology Inc.(Germany)
  • Leman Cardiovascular (Switzerland)
  • Lepu Medical Technology Co Ltd (China)
  • Livanova PLC (U.K.)
  • Medtronic PLC (Ireland)
  • Micro Interventional Devices Inc. (U.S.)
  • St. Jude Medical Inc. (an Abbott Laboratories Company) (U.S.)
  • Symetis S.A. (Switzerland)
  • TTK Healthcare Limited (A TTK Group Company) (India)

For more information about this report visit https://www.researchandmarkets.com/research/st2m2h/global_artificial?w=4

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Related
Topics: Cardiovascular
Devices

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