Structural Heart Device Market size

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Structural Heart Devices Market 2020-2027
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2027
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Structural Heart Devices Market 2020-2027
Market Highlights Structural heart disease known
as a non-coronary anomaly of the heart, therefore
not disturbing the blood vessels in the heart.
The structural heart diseases refer to cardiac
defects which are inherited by birth and can be
developed later in life. Common structural heart
condition includes atrial septal defect,
ventricular septal defect, paravalvular leak,
arterial or venous fistula, patent foramen oval
and congenital heart disease. The rise in the
frequency of structural heart diseases and a rise
in demand for minimally invasive techniques are
factors that drive the growth of the market.
Advanced products such as suture less heart valve
cost pointedly higher than earlier available
products. This double prices of the suture less
device will limit the adoption of the
equipments, which in turn will restrain the
growth of the market. The global structural heart
devices market size is expected to grow at CAGR
of 10.4 during the forecast period (20182023).
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Structural Heart Devices Market 2020-2027
Segmentation The global structural heart devices
market has been segmented on the basis of type,
indication, procedure, and end-user. On the basis
of type, the market has been classified as heart
valve devices, occludes and delivery systems,
annuloplasty rings, accessories, and other
devices. The heart valve devices are segmented
into transcatheter heart valves and surgical
heart valves. The surgical heart valves are
further sub-segmented into tissue heart valves
and mechanical heart valves. On the basis of
indication, the market has been classified as
valvular heart disease, cardiomyopathy,
congenital heart defects, and others. The
valvular heart disease is segmented into
regurgitation and stenosis.  On the basis of
procedure, the market has been classified as
Replacement Procedures and repair procedures. The
Replacement Procedures is segmented into TAVR
procedures and SAVR procedures. The repair
procedures are segmented into closure procedures,
annuloplasty, valvuloplasty, and TMVR procedures.
On the basis of end-users, the market has been
classified as hospitals, ambulatory surgery
centers, and others. Get Free Sample Report
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Structural Heart Devices Market 2020-2027
Regional Analysis The Americas is projected to
lead the structural heart devices market in the
forecast period. Rising rate in a number of
surgeries due to factors such as diabetes, high
blood pressure, and others contribute majorly to
the growth of the market. Increasing healthcare
awareness, advancement in technology, medical
tourism, and an increase in disposable income are
some other factors that boost the growth of the
market. The European market is expected to hold
the second largest market share as structural
heart devices market is most common in Germany.
The European market is projected to grow because
of the increase in elderly population, growing
prevalence of diabetes, and obesity in the
region. Asia-Pacific was projected to be the
fastest growing region for the global structural
heart devices market in 2018. The market is
expected to witness growth owing to the rising
patient population, changing lifestyle, and
growing elderly population. This is expected to
provide favorable backgrounds for the market to
grow. The Middle East and Africa accounts for the
least share due to stringent government policies
and low per capita income.
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Structural Heart Devices Market 2020-2027
Key Players Some of the key players in the global
structural heart devices market are Edwards
Lifesciences Corporation (US), Medtronic plc
(Ireland), Abbott (US), Boston Scientific
Corporation (US), and LivaNova plc (UK), ST. Jude
Medical, Biomerics, Comed BV, JenaValve
Technology, Inc., CardioKinetix, Cook Group
Incorporated (US), Endologix Inc. (US)., and W.
L. Gore Associates, Inc. (US). Get This
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