close

Enter

Log in using OpenID

Heart Valve Repair Replacement Market To Value USD 4,712.7 Mn By 2020

embed
Work-oriented lifestyle, rising old population, and irregular sleep are a few factors to stumble upon, which lead to severe cases of cardiovascular diseases. In addition, consumption of excessive saturated trans-fat food has been led to various car
According to a new market report published by Persistence Market Research “Global
Market Study on Heart Valve Repair and Replacement: Asia Pacific to Witness
Highest Growth by 2020,” the global heart valve repair and replacement market was
valued at USD 2,945.2 million in 2014 and is expected to grow at a CAGR of 8.1%
from 2014 to 2020, to reach USD 4,712.7 million by 2020.
The global heart valve repair and replacement market is witnessing significant growth
due to growing geriatric population, change in lifestyles, and associated conditions
leading to cardiovascular disorders. Moreover, technological advancements in the
heart valve repair and replacement devices and surgeries, and rise in medical tourism
promoting heart valve repair and replacement surgeries are also driving the market.
Read Report Overview @ https://www.persistencemarketresearch.com/marketresearch/heart-valve-repair-replacement-market.asp
However, there are various risks and complications associated with heart valve repair
and replacement surgeries such as irregular heart rhythm, breathing problem, and
embolism. Furthermore, lack of primary healthcare infrastructure in developing
countries inhibits the growth of the heart valve repair and replacement market. The
heart valve repair and replacement market is anticipated to grow from an estimated
USD 2,945.2 million in 2014 to USD 4,712.7 million by 2020 at a CAGR of 8.1%
during the forecast period.In North America, the prevalence of cardiovascular
diseases is high compared to other regions of the world due to increasing rate of
obesity and change in lifestyle in the region. In the U.S., approximately 70,000 heart
valve procedures are performed for mitral valve stenosis annually.
In Europe, the heart valve repair and replacement market is driven by a rise in
geriatric population, increasing the prevalence of lifestyle-associated disease, and
change in lifestyles. Cardiovascular diseases cause more deaths among Europeans
Approximately 50,000 valve replacement surgeries take place annually.
However, the growth of heart valve repair and replacement market in Asia Pacific is
much higher than that in developed countries due to the large population base, change
in lifestyles, increasing prevalence of lifestyle associated diseases, and rising medical
tourism in the region.
Edwards Lifesciences Corporation, St. Jude Medical, Inc., Medtronic, Inc., Sorin
Group, Boston Scientific Corporation, and Abbott Laboratories, Inc. are some of the
major players in the heart valve repair and replacement market.
Request Sample Report @
https://www.persistencemarketresearch.com/samples/3192
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research
model is a unique collaboration of data analytics and market research methodology to
help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a
multi-disciplinary approach. At PMR, we unite various data streams from multidimensional sources. By deploying real-time data collection, big data, and customer
experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA,Canada Toll Free: 800-961-0353
Email: [email protected]
Web: https://www.persistencemarketresearch.com/
1/--pages
Report inappropriate content