The global prosthetic heart valve device market was estimated to be around $2.2 billion as of 2016 accounting for around 3% of the overall cardiovascular devices market in 2016. The prosthetic heart valve device market was the sixth largest market in the global cardiovascular devices market in 2016.
Prosthetic Heart Valve Device Market Global Briefing 2017 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global prosthetic heart valve device market.
Prosthetic Heart Valve Devices are a class of medical devices such as artificial heart valves that are implanted in the heart of a patient with valvular heart diseases. Prosthetic heart valve devices are segmented into mechanical heart valves, transcatheter heart valves and tissue heart valves.
The global prosthetic heart valve device market was estimated to be around $2.2 billion as of 2016. The global prosthetic heart valve device made up around 3% of the overall cardiovascular devices market in 2016. The prosthetic heart valve device market was the sixth largest market in the global cardiovascular devices market in 2016.
Increasing Demand for Minimally-Invasive Cardiac Surgeries:
Demand for minimally-invasive cardiac surgeries is increasing as they are less disruptive and traumatic for the human body, and result in less post-surgical recovery time and improved efficiency. These techniques may be suitable for certain procedures involving the heart valves and certain types of routine bypass surgeries. For instance, robot assisted heart surgeries are more evident in mitral valve surgeries and heart surgeries. These surgeries are replacing traditional methods with larger incisions. In this procedure surgeons use a computer enhanced device to guide the surgical tools, which consist of robotically-guided arms that reach and operate in difficult-to-reach areas, and a robotically controlled 3D camera for visualization.
Since there is a demand for minimally invasive cardiac surgeries, companies in this industry should design and develop cost effective cardiovascular devices.
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Products Mentioned/Markets Covered: Mechanical Heart Valves, Transcatheter Heart Valves And Tissue Heart Valves.
Companies Mentioned: Edwards Lifesciences, LivaNov plc, Medtronic plc, and St. Jude Medical
Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa
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The Prosthetic Heart Valve Device Market Global Briefing Report from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The prosthetic heart valve device market is one of the segments in the cardiovascular devices market, within the medical equipment market.
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- Prosthetic Heart Valve Device report provides pin-point analysis for changing competitive dynamics
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- It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future Outlook.
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