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Global Prosthetic Heart Valve/Artificial Heart Valve Market is Poised to Grow at 12.70% Till 2024

According to Data Bridge Market Research new Market report Global Prosthetic Heart Valve/ Artificial Heart Valve Market, By Type (Transcatheter Heart Valve, Tissue Heart Valve, and Mechanical Heart Valve), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Trends and Forecast to 2024”, the global prosthetic heart valve/artificial heart valve market accounted to USD 4.53 billion in 2016 at a CAGR of 12.70% during the forecast period of 2017 to 2024.

Browse Report: https://www.databridgemarketresearch.com/reports/global-prosthetic-heart-valve-market

Global Prosthetic Heart Valve/ Artificial Heart Valve Market - Key Market Points:

Rise in incidence of heart diseases such as aortic stenosis and adoption of prosthetic valves is driving the growth of the prosthetic valves market. Other factors such as advanced technological development and rise of aging population also fuel the market growth.

Intense competition among the players results into high R&D for innovated products such as use of more non invasive procedure, open heart surgery. For the improvement of healthcare sector, government is also supporting by donating more fundsso as to foster the demand for this particular market. However, some of the stringent regulations made by the government in particular regions may hinder the growth of this market.

North America has dominated the prosthetic heart valve market due to increased occurrence of heart valve and replacement and more preference towards non invasive procedure. Asia Pacific is expected to dominate the market with the highest CAGR in the forecast period 2017-2024.

Global Prosthetic Heart Valve/ Artificial Heart Valve Market – Market Segmentation:

The Global Prosthetic Heart Valve/ Artificial Heart Valve Market is segmented on the basis of type.

  • Type

    • Transcatheter Heart Valve
    • Tissue Heart Valve
    • Mechanical Heart Valve

Global Prosthetic Heart Valve/ Artificial Heart Valve Market - Geographical Segmentation:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

Global Prosthetic Heart Valve/ Artificial Heart Valve Market – Competitive Landscape:

The Global Prosthetic Heart Valve/ Artificial Heart Valve Market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America prosthetic heart valve/ artificial 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 Life sciences 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.)
  • Abbott (U.S.)
  • Among others.

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