Prosthetic Heart Valves Market Huge Growth Opportunity Trend By 2018-2026

Prosthetic Heart Valves Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK,
AND OPPORTUNITY ANALYSIS, 2018-2026
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REPORT DESCRIPTION
Prosthetic Heart Valves Market – Overview
Heart valves play an important role in controlling the blood flow to and from the heart. The heart consists of four main types of valves that are
tricuspid, pulmonary, mitral, and aortic valves. Prosthetic heart valves are commonly known as artificial valves that implanted in the heart of the
patients suffering from the valvular heart disease. Thus, the surging incidence of heart disorders drives the prosthetic heart valve market over the
forecast period. There are 3 types of prosthetic heart valve such as mechanical heart valve, tissue heart valve, and transcatheter heart valve.
Market Dynamics
The aging population and increasing patient population of heart disease are expected to drive demand for prosthetic heart valve-based treatment in
the future. For instance, According to the statistics of World Health Organization in 2012, 17.6 million people died of cardiovascular disease
(CVD) worldwide, and proportionally, this accounts for 31.43% of global mortality. Moreover, The emergence of valve-in-valve procedures
serves as a significant market opportunity for the prosthetic heart valve. Physicians are opting to use bioprosthetic valves because they are
confident that in the case of tissue valve degeneration, they will be able to re-intervene and percutaneously implant a transcatheter valve.
Given the high treatment costs associated with Transcatheter Aortic Heart Valve (TAVR), strict regulations by the government may restraint the
market growth during the forecast period. However, if the cost of this technology can be reduced, as is expected with the approval of nextgeneration devices by manufacturers, the prosthetic heart valve will be the most lucrative market for medical device companies. For instance, in
February, 2018, Medtronic Plc’s product- Mosaic bioprosthetic heart valve demonstrated positive performance and Long-Term Durability Up to
12 Years in International Study. This clinical study supports the long-term, robust performance of the Mosaic valve, and reinforces the trend in the
decreasing average age of recipients.
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REPORT DESCRIPTION
Prosthetic Heart Valves Market Taxonomy:
By Product Type:
●
Transcatheter Heart Valves
●
Mechanical Heart Valves
●
Tissue Heart Valves
By End User:
●
Hospitals
●
Ambulatory Surgical Centers
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REPORT DESCRIPTION
Prosthetic Heart Valves Market: Key Players
●
Boston Scientific Corporation*
●
Edwards Lifesciences Corporation
●
Medtronic plc
●
LivaNova PLC
●
Abbott
●
Jenavalve Technology, Inc.
●
Lepu Medical Technology Co., Ltd.
●
CryoLife, Inc.
●
Neovasc Inc.
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The growth of prosthetic heart valves market size in Asia is expected to be high in the near future due to increasing incidence of various chronic diseases and improving healthcare infrastructure in this region.