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Cardiovascular Prosthetic Devices Market Analysis and Value Forecast by End-use Industry 2015-2025: FMI Estimate

The cardiovascular prosthetic devices market is driven by aging population, increasing rates of cardiovascular diseases, increasing prevalence of Valvular disease and Atrial Septal Defect (ASD), high adaptation rates of these devices, and new techno
Global Cardiovascular
Prosthetic Devices
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Report Description
Valvular Heart Disease (VHD) remains a common disease indication in the developed
countries. Aortic Stenosis and Mitral Valve Regurgitation are the most common indication
for Valvular disease. The prevalence of VHD increase with age. Though accurate disease
prevalence data are lacking. However, the overall prevalence of VHD is estimated around
2.5% in the United States.
Cardiovascular Prosthetic Devices Market: Drivers and Restraints
The cardiovascular prosthetic devices market is driven by aging population, increasing
rates of cardiovascular diseases, increasing prevalence of Valvular disease and Atrial
Septal Defect (ASD), high adaptation rates of these devices, and new technology
innovations will drive the market in the forecast period.
Rising preference for minimally-invasive procedures, consistent growth in the geriatric
population, rise in obesity followed by continuous product modification and
technological up gradation resulting in development of effective devices would propel
the growth and uptake of cardiac prosthetic devices.
Stringent approval process of these devices and certain clauses of the Affordable
Healthcare Act. These factors are acting as a barrier in the adoption of such treatment
and devices.
Cardiovascular Prosthetic Devices Market: Segmentation
The global cardiovascular prosthetic devices market is segmented into these following
Report Description
Cardiac Valve Repair
Annuloplasty Ring
• Flexible Annuloplasty Ring
• Semi-Rigid Annuloplasty Ring
• 3D Annuloplasty Ring
Septal Occluder
Cardiovascular Prosthetic Devices Market: Overview
With rapid technological advancement and wide acceptance of cardiovascular heart valve
repair procedures among patients with cardiac disorder, the global cardiovascular
prosthetic devices market is expected to grow at healthy CAGR in the forecast period
Cardiovascular Prosthetic Devices Market: Region-wise Outlook
Depending on geographic regions, global cardiovascular prosthetic devices market is
segmented into seven key regions: North America, South America, Eastern Europe,
Western Europe, Asia Pacific, Japan, and Middle East & Africa.
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North America is the largest market for cardiovascular prosthetic devices followed by the
European region. Cardiovascular diseases such as valvular and rheumatic diseases have
increased significantly in the developed nations. Asia Pacific region is expected to witness
considerable growth throughout the forecast period due to rapid growth in development
of medical infrastructure.
Cardiovascular Prosthetic Devices Market: Key Players
Some of the key participating players in the global cardiovascular prosthetic devices
market are St. Jude Medical Inc., Sorin Group, Edward Lifesciences Corp., Medtroic Inc.,
W. L. Gore & Associates, Inc., Abbott Laboratories and Lifetech Scientific (Shenzhen) Co.,
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