Prosthetic Heart Valve Market Size, Share 2021, Impressive Industry Growth Report

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Prosthetic Heart Valve Market Size, Share,
Trends, Growth, Forecast, Analysis, Segmentation,
Expert Review by 2026 FMI

• May 2021

Report Id   REP-GB-666Published On  
2016-10-20Category Healthcare, Pharmaceuticals
Medical Devices
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Research Methodology (1/2)

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Prosthetic Heart Valve Market Analysis
The global prosthetic heart valve market was
valued at US 5,650 Mn in 2015 and is estimated
to be valued at US 6,304 Mn by 2016, projecting
a Y-o-Y growth of 11.6. A new report titled
Prosthetic Heart Valve Market Global Industry
Analysis and Opportunity Assessment, 2016-2026,
published by Future Market Insights analyses the
factors and trends defining the growth and
performance of the global prosthetic heart valve
market over a 10-year forecast period (2016
2026). According to Future Market Insights, an
increasing prevalence of valvular heart disease
(VHD) is expected to augment growth of the global
prosthetic heart valve market during the forecast
period. Regulatory approval for heart valves,
integration of technological advancements, and
increasing number of heart valve implantation
procedures are other factors expected to
influence revenue growth of the global prosthetic
heart valve market in the next 10 years. However,
high costs associated with transcatheter heart
valve products, procedure related risks and
complications, and product recalls are some
restraints likely to hamper the growth of the
global prosthetic heart valve market over the
forecast period. Request a Sample Report with
Table of Contents and Figures http//www.futurema
rketinsights.com/reports/sample/rep-gb-666
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Prosthetic Heart Valve Market Analysis
Segmentation highlights The global prosthetic
heart valve market is segmented on the basis of
Product Type (Mechanical Heart Valves,
Biological/Tissue Heart Valves, Transcatheter
Heart Valves) and End User (Hospitals, Ambulatory
Surgery Centres). The Transcatheter Heart Valves
product type segment is estimated to be valued at
US 6,069.1 Mn by 2026 end, registering a CAGR of
13.3 between 2016 and 2026. The Hospitals end
user segment accounted for 74.5 market share of
the global prosthetic heart valve market in 2015.
Rising demand for quicker treatment options and
remedies is expected to promote the revenue
growth of the Hospitals segment over the forecast
period. Preview Analysis on Global Prosthetic
Heart Valve Market Segmentation By Product Type
Mechanical Heart Valves, Biological/Tissue Heart
Valves, Transcatheter Heart Valves By End
User Hospitals, Ambulatory Surgery
Centres http//www.futuremarketinsights.com/repor
ts/prosthetic-heart-valve-market
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Prosthetic Heart Valve Market Analysis
Regional market projections The global
prosthetic heart valve market is segmented by
region into North America, Latin America
Excluding Brazil, Brazil, Western Europe, Eastern
Europe, Asia Pacific Excluding Japan (APEJ), and
Middle East Africa (MEA). The global prosthetic
heart valve market is largely prominent in the
developed regions. The North America regional
market is estimated to witness the highest CAGR
of 12.4 during the forecast period followed by
the Western Europe regional market at 12.1.
Factors such as legislative openness and inline
approval procedures are expected to contribute
largely to the revenue generation potential and
attractiveness of the Western Europe prosthetic
heart valve market. Rising adoption of
transcatheter heart valves in geriatric patients
for better care is expected to fuel revenue
growth in the Japan prosthetic heart valve market
over the forecast period.
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Prosthetic Heart Valve Market Analysis
Vendor insights The report on the global
prosthetic heart valve market profiles some of
the leading companies dominating the global
prosthetic heart valve market. Leading market
players are focussing on delivering
differentiated therapies to cardiTop market
players featured in the global prosthetic heart
valve market report are Edwards Lifesciences
Corporation, St. Jude Medical, Inc., Medtronic
plc, Boston Scientific Corporation, Abbott
Laboratories, SYMETIS, LivaNova PLC, CryoLife,
Inc., Braile Biomedica, Colibri Heart Valve LLC,
and JenaValve Technology, Inc. ac patients and
are strengthening their foothold in the global
prosthetic heart valve market through strategic
collaborations and acquisitions. Speak with
Analyst for any Report Related Queries
http//www.futuremarketinsights.com/askus/rep-gb-6
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Prosthetic Heart Valve Market Analysis
Key competitors covered in terms of prosthetic
heart valve market are Edwards Lifesciences
Corporation, St. Jude Medical, Inc., Medtronic
plc, Boston Scientific Corporation, Abbott
Laboratories, SYMETIS, LivaNovaPLC, CryoLife,
Inc., Braile Biomedica, Colibri Heart Valve, LLC,
and JenaValve Technology, Inc. Key strategies
adopted by most of the major players in the
global prosthetic heart valve market include
product approvals and commercialisation,
leveraging existing capabilities to create
patient-centric technologies, briskly entering
markets in emerging countries and offering the
latest innovative technologies to healthcare
facilities and, thus strengthening regional
proficiency and addressing customer needs. New
product launches, innovation and expansion are
anticipated to form the core of these strategies
during the forecast period.
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