Global Prosthetic Heart Valve Devices And Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Prosthetic Heart Valve Devices And Equipment Market Report by The Business Research Company covers prosthetic heart valve devices and equipment market drivers and restraints, prosthetic heart valve devices and equipment market size, major players, and the impact of COVID-19 on the prosthetic heart valve devices and equipment market.
The prosthetic heart valve devices and equipment market consists of sales of prosthetic heart valve devices and equipment. These devices that are implanted in the heart of patients who have valvular heart disease. The prosthetic heart valve helps in the reduction of discomfort due to a diseased valve in the heart and reduces the risk of mortality. Mechanical heart valves, transcatheter heart valves and tissue heart valves are a few examples of prosthetic heart valves.
Rising prevalence of valvular heart disease has driven the need for transcatheter aortic valve replacement (TAVR) procedures, thus driving the prosthetic heart valve devices and equipment market.
The global prosthetic heart valve devices and equipment market is expected to grow from $2.26 billion in 2020 to $2.36 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.47 billion in 2025 at a CAGR of 10.1%.
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Some prosthetic heart valve devices and equipment market trends include companies in this market increasingly preferring polymer valves over traditional mechanical and bio-prosthetic valves/tissue valves. Polymer heart valves are prosthetic heart valves made of polymeric materials and have better functioning than tissue and mechanical heart valves. Mechanical heart valves come with a lifelong requirement of using blood-thinning medication to prevent blood clotting whereas bio-prosthetic heart valves comes with a short life span that needs several replacements and have a risk of valve degradation. Polymeric heart valves on the other hand supports better blood flow and reduces risk of blood clotting and therefore does not have the disadvantages of tissue and mechanical valves.
Global prosthetic heart valve devices and equipment market segments include:
1) By Type: Transcatheter Heart Valve, Tissue Heart Valve, Mechanical Heart Valve.
2) By Application: Hospitals, Ambulatory Surgery Centres.
3) By Product Type: Repair Products, Mitral Valve Repair Devices, Tricuspid Valve Repair Devices.
4) By Technology: Biological Valve, Decellularized Valve.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, LARGEST REGION accounts for the largest global prosthetic heart valve devices and equipment market share.
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The Prosthetic Heart Valve Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides prosthetic heart valve devices and equipment market overviews, analyzes and forecasts market size, share, prosthetic heart valve devices and equipment market players, prosthetic heart valve devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The prosthetic heart valve devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Prosthetic Heart Valve Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Boston Scientific, Edward lifesciences, Medtronic, Livanova, Abbott, Jenavalve technology, Lepu medical, Cryolife, Neovasc inc., St. Jude medical, Symetis, Braile biomedica, Colibri heart valve, TTK Healthcare ltd., Medical Technology est., Micro Interventional Devices, Inc., Medical circle, On-X Life Technologies, Inc. , Meril Life Sciences Pvt. Ltd., Sorin Group, Commonwealth Edison Company, Cardiac Dimensions Inc, Cardiosolutions, Inc., Leman Cardiovascular, MitralSolutions, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The prosthetic heart valve devices and equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The prosthetic heart valve devices and equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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