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Heart Valve Devices Market (Type - Mechanical Heart Valves, Biological Heart Valves, and Transcatheter Heart Valves; End User - Hospitals and Ambulatory Surgical Centers; Region - North America, Europe, Asia-Pacific, and Rest of the World): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024

  • Published : August, 2018

  • Rep Id : HC0363

  • Category : Healthcare & Medical Devices

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Heart Valve Devices Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Heart Valve Devices Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Heart Valve Devices Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on heart valve devices market provides an in-depth analysis of segments and sub-segments in global as well as regional heart valve devices market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional heart valve devices market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global heart valve devices market. According to a report the global heart valve devices market is projected to grow at a CAGR of 8.8% over the forecast period of 2018-2024.


Global Heart Valve Devices Market


Market Insight

Artificial heart valve devices are man-made devices used to replace a natural heart valve or organs of a heart valve for better functioning of the heart. There are many factors which are helping to boost this market such as increasing instances of obesity and unhealthy lifestyle, mental tension, rising geriatric population, increase in heart valve related disease are causing various cardiac diseases and pathological disorders in a human being. Heart valve devices markets are regulated by the governments for price, subsidies. Whenever any manufacturer wants to introduce the modern heart valve devices in the market, government regulation comes as an obstacle for this. Hence, governments’ regulation is the major restraint factor for the growth of this market. In addition, the increasing demand for minimally invasive procedures and continued product modifications by leveraging the latest technologies developments have brought about more effective heart valve devices.

 

On the basis of region, the global heart valve devices market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America dominates the global heart valve devices market because of the greater uptake of technologically superior products and continuous upgradation of heart devices with most advanced technology. Asia-Pacific region is expected to grow at the highest CAGR during the forecast period of 2018-2024 because of the high occurrence of heart valve diseases and improving healthcare infrastructure.

 

Segment Covered

The report on global heart valve devices market covers segments such as type and end user. On the basis of type the global heart valve devices market is categorized into mechanical heart valves, biological heart valves, and transcatheter heart valves. On the basis of end user the global heart valve devices market is categorized into hospitals and ambulatory surgical centers.

 

Coverage Geographic

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of xx% over the period of 2018-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global heart valve devices market such as JenaValve Technology, Inc., Edward Lifesciences Corporation, CryoLife, Inc., Boston Scientific Corporation, Abbott Laboratories, Medtronic, Symetis SA, Neovasc, Inc., Sorin Group (LivaNova PLC), and Micro Interventional Devices.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global heart valve devices market. Moreover, IGR-Growth matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of heart valve devices market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the heart valve devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the heart valve devices market to understand the present and future trends in this market and formulate their strategies accordingly.


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