artificial heart valve market is expected to grow at a CAGR of around 11% from 2022 to 2028.
According to a new report published by UnivDatos Markets Insights, the artificial heart valve market is expected to grow at a CAGR of around 11% from 2022 to 2028. Analysis is divided into valve types (transcatheter heart valves, tissue heart valves, mechanical heart valves). disease (aortic, mitral, pulmonary); end-user (hospital, ambulatory surgery center, other); region/country.
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The Artificial Heart Valve Market report has been compiled by gathering informative data on various dynamics such as market drivers, constraints and opportunities. This groundbreaking report utilizes several analyses, to give a closer look at the Artificial Heart Valve market. The Artificial Heart Valve Market report offers an in-depth analysis of the latest industry trends and trending factors in the market that are impacting the growth of the market. Moreover, this statistical market research repository studies and estimates the Artificial Heart Valve market on a global and regional level.
Market overview
Rising number of people suffering from valvular heart disease is increasing the demand for artificial heart valve market. Several new advancements in the manufacturing of heart valves are on the rise and may aid the growth of the prosthetic heart valve market. For example, in March 2021, the US FDA approved the Harmony TPV (transcatheter pulmonary valve) system for the treatment of adult and pediatric patients with native or surgically repaired RVOT (right ventricular outflow tract). did. With these tell-tale statistics, the demand for prosthetic heart valves is expected to grow in the coming years as recovery after surgery is highly likely and harmless. , which enables accurate valvular disease detection, leading to appropriate treatments driving the demand for the prosthetic heart valve market. Moreover, rising demand for minimally invasive surgery is expected to drive the market for artificial heart valve market in the coming years.
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Impact of COVID-19
The recent covid-19 pandemic has disrupted the world and shocked the global economy. The COVID-19 pandemic is expected to have a significant impact on the artificial heart valve market. COVID-19 disease poses risks to the management of patients with prosthetic heart valves. For example, according to an article published in February 2021 titled, "Prosthetic valve thrombosis associated with COVID-19 infection," patients with prosthetic heart valves and endovascular devices are more likely to be affected by COVID-19 disease. You may be at risk of thrombotic complications. Therefore, such studies show that the demand for prosthetic heart valves has been affected as patients with prosthetic heart valves are at risk of developing COVID-19 disease.
The Global Artificial Heart Valve Market report has been thoroughly studied with several aspects that help the stakeholders to make a more selective decision.
· Based on disease, the market is segmented into aortic valve disease, mitral valve disease, and pulmonary valve disease. The aortic valve disease segment has captured a sizeable market share and is expected to grow at a significant CAGR during the forecast period. This increase is primarily due to the high prevalence of AVD, the most common valvular heart disease worldwide.
· Based on end users, the market is segmented into hospitals, ambulatory surgery centers, and others. The hospital segment accounts for a large market share and is estimated to grow rapidly during the forecast period due to increasing hospital construction and surge in number of cardiac surgeries in the hospital environment.
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Geographical segmentation of the artificial heart valve market includes:
North America (United States, Canada, and the rest of North America)
Europe (Germany, UK, Italy, France, Spain, Rest of Europe)
Asia Pacific (China, India, Australia, Japan, Rest of Asia Pacific)
・ Rest of the world
To better understand the market dynamics of the prosthetic heart valve market, it is segmented into North America (United States, Canada, and Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, Rest of Europe), Asia Pacific (China, India, Australia, Japan, rest of APAC), and other regions have been implemented. Geographically, North America constitutes a major market for the artificial heart valve industry, owing to increasing medical expertise, new product launches, and government regulations offering favorable reimbursement scenarios.
The major players targeting the market are:
· Edwards Life Sciences Corporation
· Medtronic plc.
· Boston Scientific
・Abbott Laboratories
・Livanova PLC
・Artivion Co., Ltd.
Braille biomedical
・Colibri Heart Valve LLC
· JenaValve Technology Inc
· Micro Interventional Devices Inc.
competitive environment
The degree of competition among prominent global companies is elaborated by analyzing some of the major key companies operating around the world. Our dedicated team of research analysts highlights a variety of features, including global market competition, market shares, the latest industry advancements, innovative product launches, partnerships, mergers and acquisitions, by leading players in the heart valve market. is guessing. Key players have been analyzed using research methodologies to gain insight into global competition.
The key questions to be answered through this analytical market research report are:
• What are the latest trends, new patterns and technological advancements in the Heart Valve market?
• What factors are influencing the artificial heart valve market during the forecast period?
• What are the global challenges, threats, and risks in the Heart Valve market?
• Which factors are driving and restraining the artificial heart valve market?
• What are the most demanding regions of the world for the artificial heart valve market?
• What is the size of the global market in the next few years?
• What are the key go-to-market strategies and policies applied by global companies?
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